STE · 10-K filed 29 May 2026 · year to 31 Mar 2026

STERIS

23 named things its latest annual report says its results depend on, each in the company's own words. 18 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Competitors

Sterigenics

competes with

AST operates in a highly regulated industry and competes with Sterigenics, other smaller contract sterilization companies, other manufacturers of sterilization equipment and control systems, and manufacturers that sterilize products in-house.Business (Item 1)

Getinge

competes with

Competitors include Belimed, Contec, Ecolab, Fedegari, Getinge, and Stilmas.Business (Item 1)

Olympus

competes with

On a service line basis, competitors include BBraun, Crothall, Olympus and Pentax.Business (Item 1)

Places

Mexico

operates in · 210.0 million Mexican pesosnamed as a risk

At March 31, 2026, we held foreign net currency forward contracts to buy 210.0 million Mexican pesos, and to sell 4.0 million Australian dollars and 7.0 million New Zealand dollars.Market risk (Item 7A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Outside the United States

earns from · approximately 27% of our revenuesnamed as a risk

Since we operate internationally and approximately 27% of our revenues and 26% of our Cost of revenues are generated outside the United States, foreign currency exchange rate fluctuations can significantly impact our financial position, results of operations, and competitive position.Market risk (Item 7A)

Also named by APD, ARW, BALL, CCK, COO, GGG, GIS, HPE and 10 more

Ireland

operates innamed as a risk

Consequently, if we are treated as a U.S. corporation for U.S. federal tax purposes, we could be liable for both U.S. and Ireland taxes, which could have a material adverse effect on our financial condition and results of operations.Risk factors (Item 1A)

Also named by AAPL, ACN, ADI, AGX, BEN, CDNS, CELH, COR and 13 more

Commodities and inputs

Nickel

exposed to its price · 0.6 million poundsnamed as a risk

At March 31, 2026, we held commodity swap contracts to buy 0.6 million pounds of nickel.Market risk (Item 7A)

Also named by ALSN, ATI, BWA, CRS, FLS, HON, HWM, LNG and 4 more

Ethylene oxide (EO)

depends onnamed as a risk

Also, certain of our key materials and components have a limited number of suppliers, and some are single-sourced in certain regions of the world, such as cobalt-60 and EO, which are necessary for our AST operations.Risk factors (Item 1A)

Also named by BDX, BSX, CAH, SOLV

Stainless steel

exposed to its pricenamed as a risk

Key raw materials include stainless steel, organic and inorganic chemicals, fuel, cobalt-60 and EO, and key components include plastic components, as well as various electronics including control boards and computer chips.Risk factors (Item 1A)

Also named by FLS, RS, WTS

Cobalt-60

depends onnamed as a risk

In addition, we continue to expand our irradiation processing capacity with accelerator-based technologies, in order to help mitigate the potential cobalt-60 supply risk.Business (Item 1)

Regulators

U.S. Environmental Protection Agency (EPA)

subject tonamed as a risk

In 2016, the EPA changed the cancer risk basis for EO and determined that EO is carcinogenic to humans.Risk factors (Item 1A)

Also named by AAON, AAP, ALSN, AMRC, APA, APD, APG, AROC and 78 more

U.S. Food and Drug Administration (FDA)

subject tonamed as a risk

In the U.S., our products and services are regulated by the FDA and other regulatory authorities.Risk factors (Item 1A)

Also named by A, ABBV, ABT, AMGN, ARE, ARWR, ATR, AXGN and 112 more

Internal Revenue Service (IRS)

subject tonamed as a risk

Further, our organization under the laws of Ireland could be challenged by the IRS.Risk factors (Item 1A)

Also named by AAPL, ABNB, ADI, AJG, AMGN, BBSI, BMNR, BRO and 39 more

Nuclear Regulatory Commission (NRC)

subject to

In the United States, the Food and Drug Administration (“FDA”), the Environmental Protection Agency (“EPA”), the Occupational Safety and Health Administration ("OSHA"), the Nuclear Regulatory Commission ("NRC"), and other governmental authorities regulate the development, manufacture, sale, and distribution of our products and services.Business (Item 1)

Also named by AEE, AEP, BRK/B, BWXT, CAH, CDRE, CEG, CW and 20 more

Laws and programs

General Data Protection Regulation (GDPR)

subject to · up to 4% of global annual revenuesnamed as a risk

The GDPR has created a range of compliance obligations and can impose significant financial penalties for noncompliance (including possible fines of up to 4% of global annual revenues for the preceding financial year or €20 million (whichever is higher) for the most serious infringements).Risk factors (Item 1A)

Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more

OECD Pillar Two (GloBE) rules

subject to · 15%named as a risk

As a result, the GloBE rules could subject us to additional income taxes in the jurisdictions that adopted GloBE if our effective corporate tax rate in those jurisdictions (determined under the GloBE rules) is below 15%.Risk factors (Item 1A)

Medicare

earns fromnamed as a risk

Many of these Customers are subject to or supported by government programs or receive reimbursement for services from third-party payors, such as government programs, including Medicare and Medicaid in the U.S., private insurance plans, and managed care programs.Risk factors (Item 1A)

Also named by ABT, ARWR, AXGN, BAX, BDX, BMY, BSX, CAH and 48 more

One Big Beautiful Bill Act (OBBBA)

subject tonamed as a risk

However, we are unable to fully predict the overall impact that the OBBBA and additional guidance may have on our business.Risk factors (Item 1A)

Also named by AA, ABR, ADI, ADM, ALB, AMAT, AMGN, AMKR and 121 more

U.S. Foreign Corrupt Practices Act

subject tonamed as a risk

We are subject to compliance with various laws and regulations, including the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, and similar anti-bribery laws, which generally prohibit companies and their intermediaries from making improper payments to officials for the purpose of obtaining or retaining business.Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

Medicaid

earns fromnamed as a risk

For example, in 2025, the United States passed the One Big Beautiful Bill Act (the “OBBBA”) which may reduce Medicaid funding, result in decreased Medicaid reimbursements and negatively impact Customers who purchase our products and services.Risk factors (Item 1A)

Also named by ABBV, ABT, ARE, ARWR, BAX, BMY, BSX, CHE and 39 more

United States-Mexico-Canada Agreement (USMCA)

subject tonamed as a risk

Changes to the USMCA could adversely affect our manufacturing operations and those of our suppliers in Canada and Mexico and impact our ability to manufacture and market products or source materials at competitive prices, which could have a material adverse effect on our financial condition and results of operations.Risk factors (Item 1A)

Also named by AYI, BMI, BWA, CLF, CMI, CP, CW, DCH and 29 more

EU Corporate Sustainability Reporting Directive (CSRD)

subject tonamed as a risk

For example, the European Union adopted the CSRD in 2023, and in 2025 the European Commission proposed amendments to the CSRD aimed at simplifying sustainability reporting in Europe.Risk factors (Item 1A)

Also named by AMAT, AVY, CBRE, FFIV, GNRC, HLT, IEX, INGR and 19 more

Corporate alternative minimum tax (CAMT)

subject tonamed as a risk

Although we do not expect to be subject to the CAMT regime for fiscal years through 2026, we continue to monitor our status under the CAMT rules.Risk factors (Item 1A)

Also named by APA, DVN, SNDK, ZM