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Sotera Health Co (SHC) stock

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NASDAQ: SHC Nasdaq Life Sciences Tools & Services Next results ~November 3, 2026

C+ Fundamentals grade

Sotera Health Co is a US-listed company in the life sciences tools & services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$25

Forward price-to-earnings vs peers

Base case. Range ~$20–$34. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 11 selling0 purchases and 18 sales by directors and officers, last 12 monthsInsider trades
  • Funds213 adding, 99 cuttingOf 50 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Sotera Health files

Where Sotera Health Co stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.22bn, up 8.1% on a year earlier, faster than 7.4% a quarter earlier. Free-cash-flow margin held at 9.3%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 6 financial-health checks. Our cash-flow model value is $-1.81 a share, against a share price of $18.04.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Sotera Health Co's trailing-twelve-month revenue grew 8.1% year on year, with a free-cash-flow margin of 9.3%. Where it stands out: net margin of 13.4% ranks 10 of 54 life sciences tools & services companies we cover. Where it lags: long-term debt as % of assets of 64.3% ranks 34 of 35 life sciences tools & services companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 0.0% while net income grew 580.5%: a 581pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • High operating margin. 27.0% of revenue is left as operating profit.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Insiders selling. 11 insiders sold $2,594M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Weak cash conversion. Free cash flow was 69% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 64.3% ranks 34 of 35 life sciences tools & services companies we cover (median 26.3%).
  • Short interest rising. Shares sold short rose 31% in a month to 6.5% of tradable shares.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.26 against an average estimate of $0.24: beat by 8.7%
Revenue
$321m, up 9.2% on a year earlier
Share reaction
+4.9% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
net revenues $1.24bn to $1.25bn (2026); net revenues growth outlook growth 5.25% to 6.75% (full-year 2026)
Next report
November 3, 2026; average EPS estimate $0.27

Sotera Health's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week-3.5%
  • 1 month-2.6%
  • This year+0.6%
  • 1 year+6.9%
  • 5 years-34.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.2B
Net margin
13.4%
EPS (TTM, diluted)
$0.57

Growth

Revenue growth
+8.1%
Change in growth rate
+0.7 pts
Share count change
+1.0%

Cash

Free cash flow (TTM)
$113M
FCF margin
9.3%
Stock pay % of revenue
3.1%

Earnings

Last results
November 3, 2026
Next results (est.)
January 21, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Insider trade
  3. Leadership
  4. Insider trade
  5. Results
  6. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of Sotera Health Co's free cash flow after stock-based pay ( $53.7M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Sotera Health Co as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.01 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$3.5 ~$0.8–$5.5 Left out: out of range vs price (0.20x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$25 ~$20–$34 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.7 ~$0.5–$1.2 Left out: out of range vs price (0.04x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity below long-run growth
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$25 ~$20–$34 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sotera Health Co with Life Sciences Tools & Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Sotera Health Co: market value and multiples by fiscal year
At fiscal year end 202020212022202320242025Now
Share price$27.44$23.55$8.33$16.85$13.68$17.64$17.74
Market value$6.5bn$6.6bn$2.3bn$4.8bn$3.9bn$5.1bn$5.1bn
+ Net debt (− = net cash)$1.8bn$1.7bn$1.6bn$2.0bn$2.0bn$1.8bn$1.8bn
Enterprise value$8.3bn$8.2bn$3.9bn$6.7bn$5.9bn$6.9bn$6.9bn
Multiples
Price / sales 8.0x7.1x2.3x4.5x3.5x4.3x4.2x
Price / earnings —56.3x—92.9x87.8x64.8x31.3x
Price / free cash flow 97.2x36.7x24.4x—86.4x33.9x45.3x
EV / EBITDA 30.8x25.7x12.5x19.1x15.4x——

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

72 /100

Strong moat

How hard Sotera Health's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 14 / 20

    Cash operating profit has been a median 11.3% of total assets over 5 years.

  • Pricing power 19 / 20

    Gross margin has been a median 55.2%, moving by 0.5 percentage points (standard deviation) across 6 years.

  • Durability 19 / 20

    Operating margin has been a median 26.4%; its worst year was 24.7%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 5 of 6 years, at a median 9.6% of revenue.

  • Discipline 12 / 20

    The diluted share count rose 10.3% over five years; stock-based pay has been a median 2.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (77 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, before the open. Analysts expect revenue of $320m and EPS of $0.27 (range $0.26 to $0.27) for the quarter.

Analysts' consensus

Sotera Health Co: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.98 +14% $1.2bn +7%
Next $1.07 +9% $1.3bn +6%

Next year's EPS estimate has moved +1.4% in 90 days, across 10 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.8% on 90 days ago. In the last 30 days, 1 analyst raised Sotera Health Co's forecast and 0 cut it.

Consensus EPS forecast Sotera Health Co, last 90 days
$0.95 $1.00 $1.05 $1.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.97 Current fiscal year, 60 days ago: $0.98 Current fiscal year, 30 days ago: $0.98 Current fiscal year, 7 days ago: $0.98 Current fiscal year, Now: $0.98 $0.98 Next fiscal year, 90 days ago: $1.06 Next fiscal year, 60 days ago: $1.07 Next fiscal year, 30 days ago: $1.07 Next fiscal year, 7 days ago: $1.07 Next fiscal year, Now: $1.07 $1.07

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.97$1.06
60 days ago $0.98$1.07
30 days ago $0.98$1.07
7 days ago $0.98$1.07
Now $0.98$1.07

Earnings against estimates

Sotera Health Co: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.24 $0.26 +8.7%
Mar 2026 $0.17 $0.18 +3.4%
Dec 2025 $0.24 $0.26 +7.0%
Sept 2025 $0.22 $0.26 +19.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Net revenues 2026 $1.236bn to $1.254bn Raised
    “Net revenues range raised to $1.236 billion to $1.254 billion, representing constant currency growth of 5.25% to 6.75% and an estimated 100 basis points of foreign currency benefit” source
  • net revenues growth outlook full-year 2026 5.25% growth to 6.75% growth Non-GAAP Raised
    “Company raises both full-year 2026 net revenues growth outlook to 5.25% - 6.75% and Adjusted EBITDA growth outlook to 5.75% - 7.25%, on a constant currency basis” source
  • Adjusted EPS 2026 $0.95 to $1.01 Non-GAAP
    “Adjusted EPS improved to a range of $0.95 to $1.01” source
  • Adjusted EBITDA 2026 $634m to $643m Non-GAAP Raised
    “Adjusted EBITDA range raised to $634 million to $643 million, representing constant currency growth of 5.75% to 7.25% and an estimated 100 basis points of foreign currency benefit” source
  • Adjusted EBITDA growth outlook full-year 2026 5.75% growth to 7.25% growth Non-GAAP Raised
    “Company raises both full-year 2026 net revenues growth outlook to 5.25% - 6.75% and Adjusted EBITDA growth outlook to 5.75% - 7.25%, on a constant currency basis” source
  • Interest expense 2026 $135m to $142m
    “Interest expense improved to a range of $135 million to $142 million” source
Show 3 more items
  • Tax rate applicable to Adjusted Net Income 2026 27% to 28% Non-GAAP
    “Tax rate applicable to Adjusted Net Income (1) improved to a range of 27.0% to 28.0%” source
  • weighted-average fully diluted share count 2026 289m to 291m
    “A weighted-average fully diluted share count in the range of 289 million to 291 million shares” source
  • Capital expenditures 2026 $200m to $225m
    “Capital expenditures in the range of $200 million to $225 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Sotera Health Co's revenue by +6.2% next year and +7.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.6%, weight 54%) , management guidance (+5.5%, weight 20%) and the company's own record (+7.9%, weight 26%) . How the weights are set.

Analyst recommendations

10 analysts, Oct 2026
Buy880%
Hold110%
Sell110%

Monthly trend

  1. Oct 2026351110
  2. Sep 202635210
  3. Aug 202635210
  4. Jul 202635210

Counts of recommendations published by analysts covering Sotera Health Co, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.5%
of tradable shares
Days to cover
7.82
at average volume
Short interest, 1 month
+31%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
2.4%
of shares
Employees
3,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +6.9%

$16.60 on October 31, 2025 to $17.74

Sotera Health Co: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $1.1bn $1.2bn +8.1%
Net margin 2.1% 13.4% +529.2%
P/E multiple 197.0x 31.3x −84.1%
Share count 285m 288m −1.0%

Biggest factor: p/e multiple.

Last 3 years +34.3%

$13.21 on November 3, 2023 to $17.74

Sotera Health Co: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $976m $1.2bn +24.6%
P/S multiple 3.8x 4.2x +10.3%
Share count 282m 288m −2.2%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Sotera Health Co: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
SHC−14%−65%+102%−19%+29%+1%
Industry peers (median)+5%−51%−3%−13%−7%+16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SHC50%33%50%50%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SHC−29%−75%−35%−38%−30%−32%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 20, 2020: 80% from March 12, 2021 to November 17, 2022. Getting back needed a 387% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$13.13 – $19.57
From 52-week high
−9.4%
vs 50-day average
−4.0%
vs 200-day average
+4.4%
Volatility (1 year)
29%
Beta vs S&P 500
0.99

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 5 down
typical move ±7.3%
After a week
6 up, 5 down
typical move ±9.4%
After a month
6 up, 5 down
typical move ±12.3%
Sotera Health Co: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +4.9% +0.5% +5.8% +5.1%
May 5, 2026 +2.7% +2.2% +1.6% +1.2%
February 24, 2026 −7.6% +1.6% −10.2% −21.7%
January 12, 2026 −1.1% 0.0% −2.7% −9.5%
November 4, 2025 −4.8% −0.8% −2.9% −0.3%
August 8, 2025 +25.3% +0.6% +40.3% +40.9%
May 1, 2025 +7.7% +2.2% +15.0% +6.0%
February 27, 2025 −8.6% −0.1% −11.7% −13.7%
January 14, 2025 −4.0% +2.0% +3.9% +2.6%
November 5, 2024 +2.0% +3.7% −1.6% −17.9%
August 5, 2024 +11.2% −2.0% +8.1% +16.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Sotera Health Co in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Sotera Health Co
$900M $1B $1.1B $1.2B $1.3B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $990.6M Revenue (TTM), FY23 Q4: $1B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $1.1B Revenue (TTM), FY24 Q3: $1.1B Revenue (TTM), FY24 Q4: $1.1B Revenue (TTM), FY25 Q1: $1.1B Revenue (TTM), FY25 Q2: $1.1B Revenue (TTM), FY25 Q3: $1.2B Revenue (TTM), FY25 Q4: $1.2B Revenue (TTM), FY26 Q1: $1.2B Revenue (TTM), FY26 Q2: $1.2B $1.2B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $990.6M
FY23 Q4 $1B
FY24 Q1 $1.1B
FY24 Q2 $1.1B
FY24 Q3 $1.1B
FY24 Q4 $1.1B
FY25 Q1 $1.1B
FY25 Q2 $1.1B
FY25 Q3 $1.2B
FY25 Q4 $1.2B
FY26 Q1 $1.2B
FY26 Q2 $1.2B
Revenue growth, TTM YoY Sotera Health Co
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -0.3% Revenue growth, TTM YoY, FY23 Q4: 4.5% Revenue growth, TTM YoY, FY24 Q1: 9.0% Revenue growth, TTM YoY, FY24 Q2: 12.5% Revenue growth, TTM YoY, FY24 Q3: 13.1% Revenue growth, TTM YoY, FY24 Q4: 4.9% Revenue growth, TTM YoY, FY25 Q1: 2.8% Revenue growth, TTM YoY, FY25 Q2: 2.4% Revenue growth, TTM YoY, FY25 Q3: 2.7% Revenue growth, TTM YoY, FY25 Q4: 5.7% Revenue growth, TTM YoY, FY26 Q1: 7.4% Revenue growth, TTM YoY, FY26 Q2: 8.1% 8.1%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -0.3%
FY23 Q4 4.5%
FY24 Q1 9.0%
FY24 Q2 12.5%
FY24 Q3 13.1%
FY24 Q4 4.9%
FY25 Q1 2.8%
FY25 Q2 2.4%
FY25 Q3 2.7%
FY25 Q4 5.7%
FY26 Q1 7.4%
FY26 Q2 8.1%
Operating margin (TTM) Sotera Health Co
22% 24% 26% 28% 30% FY22 Q1 FY22 Q4 FY23 Q3 FY24 Q4 Operating margin (TTM), FY22 Q1: 27.6% Operating margin (TTM), FY22 Q2: 26.5% Operating margin (TTM), FY22 Q3: 25.6% Operating margin (TTM), FY22 Q4: 24.7% Operating margin (TTM), FY23 Q1: 23.1% Operating margin (TTM), FY23 Q2: 22.5% Operating margin (TTM), FY23 Q3: 23.5% Operating margin (TTM), FY23 Q4: 26.4% Operating margin (TTM), FY24 Q1: 27.5% Operating margin (TTM), FY24 Q2: 28.2% Operating margin (TTM), FY24 Q3: 28.1% Operating margin (TTM), FY24 Q4: 27.0% 27.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q1 27.6%
FY22 Q2 26.5%
FY22 Q3 25.6%
FY22 Q4 24.7%
FY23 Q1 23.1%
FY23 Q2 22.5%
FY23 Q3 23.5%
FY23 Q4 26.4%
FY24 Q1 27.5%
FY24 Q2 28.2%
FY24 Q3 28.1%
FY24 Q4 27.0%
FCF margin (TTM) Sotera Health Co
-40% -20% 0% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -38.4% FCF margin (TTM), FY23 Q4: -34.6% FCF margin (TTM), FY24 Q1: -35.0% FCF margin (TTM), FY24 Q2: 2.9% FCF margin (TTM), FY24 Q3: 9.2% FCF margin (TTM), FY24 Q4: 4.1% FCF margin (TTM), FY25 Q1: 9.6% FCF margin (TTM), FY25 Q2: 10.0% FCF margin (TTM), FY25 Q3: 7.5% FCF margin (TTM), FY25 Q4: 12.8% FCF margin (TTM), FY26 Q1: 8.1% FCF margin (TTM), FY26 Q2: 9.3% 9.3%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -38.4%
FY23 Q4 -34.6%
FY24 Q1 -35.0%
FY24 Q2 2.9%
FY24 Q3 9.2%
FY24 Q4 4.1%
FY25 Q1 9.6%
FY25 Q2 10.0%
FY25 Q3 7.5%
FY25 Q4 12.8%
FY26 Q1 8.1%
FY26 Q2 9.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Sotera Health Co: annual financial statements
Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 778 818 931 1,004 1,049 1,100 1,164 1,216
Gross profit 395 444 519 557 577 602 646 669
EBITDA 250 269 321 313 353 382 — —
Operating income 184 206 257 248 277 298 — —
Net income −21 −39 117 −234 51 44 78 163
Diluted EPS −$0.09 −$0.16 $0.41 −$0.83 $0.18 $0.16 $0.27 $0.57
Growth (year on year)
Revenue — +5.1% +13.9% +7.8% +4.5% +4.9% +5.7% +8.1%
EBITDA — +7.6% +19.2% −2.6% +13.0% +8.1% — —
Operating income — +12.2% +24.6% −3.3% +11.4% +7.6% — —
Net income — — — −299.8% — −13.6% +75.6% +580.5%
Diluted EPS — — — −302.4% — −11.1% +68.8% +573.5%
Margins
Gross margin 50.8% 54.2% 55.7% 55.5% 55.0% 54.7% 55.5% 55.0%
EBITDA margin 32.2% 32.9% 34.5% 31.2% 33.7% 34.7% — —
Operating margin 23.6% 25.2% 27.6% 24.7% 26.4% 27.0% — —
Net margin −2.7% −4.7% 12.5% −23.3% 4.9% 4.0% 6.7% 13.4%
Free-cash-flow margin 11.8% 8.2% 19.3% 9.5% −34.6% 4.1% 12.8% 9.3%
Cash flow
Cash from operations 149 121 282 278 −148 224 287 292
Capital spending 57 54 102 182 215 179 138 179
Free cash flow 92 67 179 96 −363 45 149 113
Stock-based pay 7 11 14 21 32 37 31 37
Free cash flow after stock pay 85 56 166 74 −395 8 118 76
Balance sheet
Cash 63 102 107 395 296 277 345 357
Total debt 0 1,864 1,764 1,964 2,261 2,256 2,169 2,166
Net debt (negative = net cash) −63 1,761 1,657 1,568 1,964 1,978 1,825 1,809
Diluted shares 232m 238m 279m 280m 283m 285m 286m 288m
Returned to shareholders
Dividends 691 0 0 — — — — —
Buybacks 0 34 0 0 — — — —
Total returned 691 34 0 0 — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · June 30, 2026
What it owns · $3.3bn
Short-term assets $646mLonger-term assets $2.7bn
What it owes, and who funded it · $3.3bn
Short-term liabilities $231mLonger-term liabilities $2.4bnShareholders' equity $666m
  • Short-term assets cover short-term liabilities $646m of assets due within a year against $231m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $646m short-term assets against $2.4bn of longer-dated liabilities.
  • More cash than debt $357m of cash against $2.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 321% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 297% to 321% over five years.
  • A year's operating cash flow covers at least 20% of debt $292m of operating cash flow against $2.1bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Sotera Health Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+1.0%
year over year
Sales & admin spending
21.1%
of revenue
Days sales outstanding
45 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in life sciences tools & services
Growth, margins and cash generation against peers
Last 12 months unless stated SHC TECH RGEN NEO QGEN TXG Median
Revenue, last 12 months $1.2bn $1.2bn $806m $788m $2.1bn $617m $229m
Revenue growth, last 12 months 8.1% −0.4% 13.8% 11.1% 5.7% −4.3% 6.9%
Revenue growth, 3-year average 7.6% 2.2% 7.3% 11.1% 17.1% 2.8% 2.9%
Revenue growth, latest quarter 9.2% 1.3% 10.9% 11.4% — −12.6% 8.5%
Gross margin 55.0% 65.8% 53.5% 44.8% 62.2% 70.0% 51.9%
Operating margin 27.0% 20.7% 2.3% −6.3% 22.3% −14.3% −14.3%
Operating margin, 3-year average 26.1% 15.6% 1.4% −12.5% 20.4% −23.3% −22.4%
Net margin 13.4% 15.0% −1.5% −4.1% 20.3% −12.2% −16.1%
Cash from operations / revenue 24.0% 24.0% 16.1% 0.5% 31.3% 20.6% 1.3%
Free-cash-flow margin 9.3% 21.7% 13.2% −3.6% 21.7% 19.7% −2.2%
Free-cash-flow margin, 3-year average 7.4% 21.0% 16.6% −3.1% 18.5% 7.8% 0.6%
Stock pay / revenue 3.1% 3.4% 4.2% 4.4% 2.4% 16.0% 4.4%
Change in share count 1.0% −1.7% 0.3% 1.2% −2.6% 4.2% 1.0%

Median of all 54 companies we cover in life sciences tools & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

54 life sciences tools & services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 8.1% 6.9% 26 of 54
Change in growth rate Growth +0.7pp +0.4pp 25 of 54
Gross margin Profitability 55.0% 52.0% 18 of 45
Net margin Profitability 13.4% -12.2% 10 of 54
Free-cash-flow margin Cash generation 9.3% -1.3% 18 of 54
Stock pay as % of revenue Cash generation 3.1% 4.4% 20 of 53
Long-term debt as % of assets Balance sheet 64.3% 26.3% 34 of 35
Change in share count Balance sheet 1.0% 1.0% 24 of 46
Days sales outstanding Balance sheet 45 days 62 days 11 of 48

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Sterigenics $756M 65.0% ▲ 8.3%
Nelson Labs $220M 18.9% ▼ 3.9%
Nordion $188M 16.1% ▲ 8.2%
Products and services
Line of business Revenue Share YoY
Services $996M 85.6% ▲ 5.7%
Products $168M 14.4% ▲ 5.8%
Geography
Region Revenue Share YoY
United States $630M 54.1% ▲ 2.1%
Europe $232M 20.0% ▲ 18.5%
Canada $222M 19.1% ▲ 6.3%
Other Geographical Areas $79.9M 6.9% ▲ 1.4%

From Sotera Health Co's 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$5.1B
Institutions reporting
314
Shares held vs prior quarter
▲ 5.8%
Positions opened / closed
49 / 34

Top buyers and sellers, Q2 2026: 213 institutions bought and 99 sold ; the biggest buyer was FMR LLC (+6.1M shares) and the biggest seller Warburg Pincus LLC (−19.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Sessa Capital Im, L.P. $480M 27.1M 9.3% ▲ 17.4%
Darsana Capital Partners LP $479M 27.0M 9.3% ▲ 3.8%
Blackrock, Inc. $429M 24.1M 8.3% ▲ 15.8%
Sculptor Capital LP $426M 24.0M 8.3% ▲ 10.5%
Sachem Head Capital Management LP $276M 15.6M 5.4% ▲ 33.6%
Vanguard Capital Management LLC $216M 12.2M 4.2% ▲ 13.4%
Vanguard Portfolio Management LLC $212M 11.9M 4.1% ▲ 12.6%
T. Rowe Price Investment Management, Inc. $187M 10.5M 3.6% ▲ 15.3%
AQR Capital Management LLC $186M 10.7M 3.6% ▲ 59.7%
Jupiter Topco LLC $149M 8.4M 2.9% —
State Street Corp $148M 8.3M 2.9% ▲ 18.6%
FMR LLC $110M 6.2M 2.1% ▲ 21490.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sotera Health Co's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Petras Michael B. Jr. Executive Chairman August 17, 2026 Sell 850,000 $18.50 $15.7M
Petras Michael B. Jr. Executive Chairman August 17, 2026 Sell 294,515 $18.50 $5.4M
Rutz Michael P President of Sterigenics August 7, 2026 Sell 150,000 $18.84 $2.8M
Gtcr Fund Xi/C Lp Director May 13, 2026 Sell 12,735,301 $15.17 $193M
Warburg Pincus Xi, L.P. Director May 13, 2026 Sell 19,102,952 $15.17 $290M
Warburg Pincus (Cayman) Xi, L.P. Director May 13, 2026 Sell 19,102,952 $15.17 $290M
Gtcr Co-Invest Xi Lp Director March 6, 2026 Sell 10,000,000 $15.27 $153M
Warburg Pincus Partners Ii, L.P. Director March 6, 2026 Sell 15,000,000 $15.27 $229M
Warburg Pincus Partners Gp Llc Director March 6, 2026 Sell 15,000,000 $15.27 $229M
Petras Michael B. Jr. Chairman & CEO December 8, 2025 Sell 39,243 $16.45 $645,547
Petras Michael B. Jr. Chairman & CEO December 8, 2025 Sell 394,861 $16.45 $6.5M
Petras Michael B. Jr. Chairman & CEO December 8, 2025 Sell 315,896 $16.45 $5.2M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 21, 2027 estimated from the company's past filing pattern, not announced

  • November 3, 2026
  • August 6, 2026
  • May 5, 2026
  • February 24, 2026
  • January 12, 2026
  • November 4, 2025

Recent SEC filings

Data status

When each part of this page on Sotera Health Co was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Sotera Health Co in brief

What does Sotera Health Co do?
Sotera Health Co is a US-listed company in the life sciences tools & services industry. Its financial year ends in December.
What is Sotera Health Co's stock ticker?
Sotera Health Co trades under the ticker SHC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Sotera Health Co's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Sotera Health Co reported revenue of $1.2B, 8.1% higher than a year earlier, according to its SEC filings.
What is Sotera Health Co's free cash flow?
Sotera Health Co's free-cash-flow margin is 9.3% of revenue over the trailing twelve months, ranking 18 of the 54 life sciences tools & services companies we cover.
Who are Sotera Health Co's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Sessa Capital Im, L.P., Darsana Capital Partners LP and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Sotera Health Co's market cap?
On November 2, 2026, Sotera Health Co's market capitalisation was about $5.1B, with a price-to-earnings ratio of 31.3 and net debt of $1.8B. Market figures come from third-party market data and may be delayed.
How much debt does Sotera Health Co have?
Sotera Health Co's debt-to-equity ratio is 321.4%, from its latest balance sheet (297.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Sotera Health Co's competitors?
In our Life Sciences Tools & Services peer group, the companies closest to Sotera Health Co are Bio-Techne, Repligen Corp, Neogenomics Inc, Qiagen N.V. and 10x Genomics, Inc. The side-by-side comparison below sets their revenue, margins and growth against Sotera Health Co's.
Are insiders buying or selling Sotera Health Co stock?
Over the last 12 months, Sotera Health Co's directors and officers reported 0 open-market purchases and 18 sales on Form 4. The insider trading page charts every trade.
When is Sotera Health Co's next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sotera Health Co announces its own schedule.