Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.33B | 3.9% |
| Gross Profit | 579M | 1.1% |
| Cost of Revenue | 750M | 6.1% |
| Operating expense | 359M | 7.2% |
| Net Income | 150M | 3.2% |
| EBITDA | 220M | 38.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 10.2B | 1.3% |
| Total Liabilities | 3.63B | 2.8% |
| Total Equity | 6.59B | 3.8% |
| Shares Outstanding | 99M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 251M | 17.5% |
| Cash from investing | -105M | 115.3% |
| Cash from financing | -181M | 81.9% |
EPS
Financial Highlights for Steris in Q3 '24
Steris reported a revenue of 1.33B, which is a 3.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 579M, marking a 1.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 750M, a 6.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 359M, showing a -7.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 150M, showing a 3.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 220M, showing a -38.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Steris with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
