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Side-by-side financial comparison of Genpact LTD (G) and Steris (STE). Click either name above to swap in a different company.

Steris is the larger business by last-quarter revenue ($1.5B vs $1.3B, roughly 1.1× Genpact LTD). Steris runs the higher net margin — 12.9% vs 10.8%, a 2.0% gap on every dollar of revenue. On growth, Steris posted the faster year-over-year revenue change (9.2% vs 5.6%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $199.5M). Over the past eight quarters, Steris's revenue compounded faster (15.8% CAGR vs 8.0%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

Steris plc is an American-Irish-based medical equipment company specializing in sterilization and surgical products for the US healthcare system. Steris is operationally headquartered in Mentor, Ohio, and has been legally registered in Dublin, Ireland, for tax purposes since 2018. Previously the company was registered in the United Kingdom from 2014 to 2018.

G vs STE — Head-to-Head

Bigger by revenue
STE
STE
1.1× larger
STE
$1.5B
$1.3B
G
Growing faster (revenue YoY)
STE
STE
+3.5% gap
STE
9.2%
5.6%
G
Higher net margin
STE
STE
2.0% more per $
STE
12.9%
10.8%
G
More free cash flow
G
G
$69.5M more FCF
G
$269.0M
$199.5M
STE
Faster 2-yr revenue CAGR
STE
STE
Annualised
STE
15.8%
8.0%
G

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
G
G
STE
STE
Revenue
$1.3B
$1.5B
Net Profit
$143.1M
$192.9M
Gross Margin
36.6%
43.8%
Operating Margin
14.8%
18.3%
Net Margin
10.8%
12.9%
Revenue YoY
5.6%
9.2%
Net Profit YoY
0.8%
11.2%
EPS (diluted)
$0.82
$1.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
G
G
STE
STE
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$1.3B
$1.4B
Q1 25
$1.2B
$1.5B
Q4 24
$1.2B
$1.4B
Q3 24
$1.2B
$1.3B
Q2 24
$1.2B
$1.3B
Q1 24
$1.1B
$1.1B
Net Profit
G
G
STE
STE
Q4 25
$143.1M
$192.9M
Q3 25
$145.8M
$191.9M
Q2 25
$132.7M
$177.4M
Q1 25
$130.9M
$145.7M
Q4 24
$141.9M
$173.5M
Q3 24
$132.8M
$150.0M
Q2 24
$122.0M
$145.4M
Q1 24
$116.9M
$-1.4M
Gross Margin
G
G
STE
STE
Q4 25
36.6%
43.8%
Q3 25
36.4%
44.2%
Q2 25
35.9%
45.1%
Q1 25
35.3%
43.3%
Q4 24
35.7%
44.5%
Q3 24
35.6%
43.6%
Q2 24
35.4%
44.7%
Q1 24
35.0%
40.2%
Operating Margin
G
G
STE
STE
Q4 25
14.8%
18.3%
Q3 25
14.8%
18.2%
Q2 25
14.3%
17.7%
Q1 25
15.1%
14.6%
Q4 24
15.2%
17.9%
Q3 24
15.0%
16.5%
Q2 24
14.5%
14.5%
Q1 24
14.1%
22.0%
Net Margin
G
G
STE
STE
Q4 25
10.8%
12.9%
Q3 25
11.3%
13.1%
Q2 25
10.6%
12.8%
Q1 25
10.8%
9.8%
Q4 24
11.4%
12.7%
Q3 24
11.0%
11.3%
Q2 24
10.4%
11.4%
Q1 24
10.3%
-0.1%
EPS (diluted)
G
G
STE
STE
Q4 25
$0.82
$1.96
Q3 25
$0.83
$1.94
Q2 25
$0.75
$1.79
Q1 25
$0.73
$1.48
Q4 24
$0.80
$1.75
Q3 24
$0.74
$1.51
Q2 24
$0.67
$1.46
Q1 24
$0.64
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
G
G
STE
STE
Cash + ST InvestmentsLiquidity on hand
$1.2B
$423.7M
Total DebtLower is stronger
$1.5B
$1.9B
Stockholders' EquityBook value
$2.5B
$7.2B
Total Assets
$5.8B
$10.6B
Debt / EquityLower = less leverage
0.60×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
STE
STE
Q4 25
$1.2B
$423.7M
Q3 25
$740.8M
$319.2M
Q2 25
$663.3M
$279.7M
Q1 25
$561.6M
$171.7M
Q4 24
$671.6M
$155.2M
Q3 24
$1.0B
$172.2M
Q2 24
$914.2M
$198.3M
Q1 24
$478.4M
$207.0M
Total Debt
G
G
STE
STE
Q4 25
$1.5B
$1.9B
Q3 25
$1.2B
$1.9B
Q2 25
$1.2B
$1.9B
Q1 25
$1.2B
$1.9B
Q4 24
$1.2B
$2.0B
Q3 24
$1.6B
$2.2B
Q2 24
$1.6B
$2.2B
Q1 24
$1.2B
$3.1B
Stockholders' Equity
G
G
STE
STE
Q4 25
$2.5B
$7.2B
Q3 25
$2.5B
$7.0B
Q2 25
$2.6B
$7.0B
Q1 25
$2.5B
$6.6B
Q4 24
$2.4B
$6.4B
Q3 24
$2.4B
$6.6B
Q2 24
$2.3B
$6.4B
Q1 24
$2.3B
$6.3B
Total Assets
G
G
STE
STE
Q4 25
$5.8B
$10.6B
Q3 25
$5.4B
$10.4B
Q2 25
$5.3B
$10.4B
Q1 25
$4.9B
$10.1B
Q4 24
$5.0B
$10.0B
Q3 24
$5.3B
$10.2B
Q2 24
$5.2B
$10.1B
Q1 24
$4.7B
$11.1B
Debt / Equity
G
G
STE
STE
Q4 25
0.60×
0.27×
Q3 25
0.47×
0.27×
Q2 25
0.47×
0.27×
Q1 25
0.50×
0.29×
Q4 24
0.51×
0.32×
Q3 24
0.68×
0.33×
Q2 24
0.70×
0.35×
Q1 24
0.54×
0.50×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
G
G
STE
STE
Operating Cash FlowLast quarter
$286.7M
$298.2M
Free Cash FlowOCF − Capex
$269.0M
$199.5M
FCF MarginFCF / Revenue
20.4%
13.3%
Capex IntensityCapex / Revenue
1.3%
6.6%
Cash ConversionOCF / Net Profit
2.00×
1.55×
TTM Free Cash FlowTrailing 4 quarters
$734.7M
$917.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
STE
STE
Q4 25
$286.7M
$298.2M
Q3 25
$308.4M
$287.8M
Q2 25
$177.4M
$420.0M
Q1 25
$40.4M
$260.8M
Q4 24
$203.2M
$332.8M
Q3 24
$228.5M
$250.7M
Q2 24
$209.3M
$303.7M
Q1 24
$-25.6M
$254.8M
Free Cash Flow
G
G
STE
STE
Q4 25
$269.0M
$199.5M
Q3 25
$292.0M
$201.3M
Q2 25
$155.1M
$326.4M
Q1 25
$18.5M
$189.9M
Q4 24
$183.5M
$243.6M
Q3 24
$208.7M
$148.8M
Q2 24
$190.0M
$195.7M
Q1 24
$-49.6M
$163.3M
FCF Margin
G
G
STE
STE
Q4 25
20.4%
13.3%
Q3 25
22.6%
13.8%
Q2 25
12.4%
23.5%
Q1 25
1.5%
12.8%
Q4 24
14.7%
17.8%
Q3 24
17.2%
11.2%
Q2 24
16.2%
15.3%
Q1 24
-4.4%
14.6%
Capex Intensity
G
G
STE
STE
Q4 25
1.3%
6.6%
Q3 25
1.3%
5.9%
Q2 25
1.8%
6.7%
Q1 25
1.8%
4.8%
Q4 24
1.6%
6.5%
Q3 24
1.6%
7.7%
Q2 24
1.6%
8.4%
Q1 24
2.1%
8.2%
Cash Conversion
G
G
STE
STE
Q4 25
2.00×
1.55×
Q3 25
2.11×
1.50×
Q2 25
1.34×
2.37×
Q1 25
0.31×
1.79×
Q4 24
1.43×
1.92×
Q3 24
1.72×
1.67×
Q2 24
1.72×
2.09×
Q1 24
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

STE
STE

Servicerevenues$404.7M27%
Consumablerevenues$387.1M26%
Applied Sterilization Technologies$286.6M19%
Capitalequipmentrevenues$272.1M18%
Life Science$145.8M10%

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