STERIS plcSTENYSE
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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+7.5%
5Y CAGR+10.4%
Year-over-Year Change

Research and development spending

3Y CAGR
+7.5%/yr
vs +9.3%/yr prior
5Y CAGR
+10.4%/yr
Consistent
Acceleration
-1.8pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.6x
Solid growth
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$107.65M+3.8%
2024$103.68M+5.3%
2023$98.48M+13.6%
2022$86.66M+30.7%
2021$66.33M+1.2%
2020$65.55M+4.0%
2019$63.04M+3.7%
2018$60.78M+2.3%
2017$59.40M+4.8%
2016$56.66M-