vs

Side-by-side financial comparison of Garrett Motion Inc. (GTX) 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 $891.0M, roughly 1.7× Garrett Motion Inc.). Steris runs the higher net margin — 12.9% vs 9.4%, a 3.5% gap on every dollar of revenue. On growth, Steris posted the faster year-over-year revenue change (9.2% vs 5.6%). Steris produced more free cash flow last quarter ($199.5M vs $78.0M). Over the past eight quarters, Steris's revenue compounded faster (15.8% CAGR vs -1.3%).

Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide ...

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.

GTX vs STE — Head-to-Head

Bigger by revenue
STE
STE
1.7× larger
STE
$1.5B
$891.0M
GTX
Growing faster (revenue YoY)
STE
STE
+3.6% gap
STE
9.2%
5.6%
GTX
Higher net margin
STE
STE
3.5% more per $
STE
12.9%
9.4%
GTX
More free cash flow
STE
STE
$121.5M more FCF
STE
$199.5M
$78.0M
GTX
Faster 2-yr revenue CAGR
STE
STE
Annualised
STE
15.8%
-1.3%
GTX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GTX
GTX
STE
STE
Revenue
$891.0M
$1.5B
Net Profit
$84.0M
$192.9M
Gross Margin
20.8%
43.8%
Operating Margin
11.6%
18.3%
Net Margin
9.4%
12.9%
Revenue YoY
5.6%
9.2%
Net Profit YoY
-16.0%
11.2%
EPS (diluted)
$0.42
$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
GTX
GTX
STE
STE
Q4 25
$891.0M
$1.5B
Q3 25
$902.0M
$1.5B
Q2 25
$913.0M
$1.4B
Q1 25
$878.0M
$1.5B
Q4 24
$844.0M
$1.4B
Q3 24
$826.0M
$1.3B
Q2 24
$890.0M
$1.3B
Q1 24
$915.0M
$1.1B
Net Profit
GTX
GTX
STE
STE
Q4 25
$84.0M
$192.9M
Q3 25
$77.0M
$191.9M
Q2 25
$87.0M
$177.4M
Q1 25
$62.0M
$145.7M
Q4 24
$100.0M
$173.5M
Q3 24
$52.0M
$150.0M
Q2 24
$64.0M
$145.4M
Q1 24
$66.0M
$-1.4M
Gross Margin
GTX
GTX
STE
STE
Q4 25
20.8%
43.8%
Q3 25
20.6%
44.2%
Q2 25
19.8%
45.1%
Q1 25
20.4%
43.3%
Q4 24
21.6%
44.5%
Q3 24
20.1%
43.6%
Q2 24
20.8%
44.7%
Q1 24
18.8%
40.2%
Operating Margin
GTX
GTX
STE
STE
Q4 25
11.6%
18.3%
Q3 25
11.3%
18.2%
Q2 25
11.2%
17.7%
Q1 25
9.7%
14.6%
Q4 24
11.7%
17.9%
Q3 24
9.2%
16.5%
Q2 24
9.8%
14.5%
Q1 24
8.9%
22.0%
Net Margin
GTX
GTX
STE
STE
Q4 25
9.4%
12.9%
Q3 25
8.5%
13.1%
Q2 25
9.5%
12.8%
Q1 25
7.1%
9.8%
Q4 24
11.8%
12.7%
Q3 24
6.3%
11.3%
Q2 24
7.2%
11.4%
Q1 24
7.2%
-0.1%
EPS (diluted)
GTX
GTX
STE
STE
Q4 25
$0.42
$1.96
Q3 25
$0.38
$1.94
Q2 25
$0.42
$1.79
Q1 25
$0.30
$1.48
Q4 24
$0.46
$1.75
Q3 24
$0.24
$1.51
Q2 24
$0.28
$1.46
Q1 24
$0.28
$-0.02

Balance Sheet & Financial Strength

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

Metric
GTX
GTX
STE
STE
Cash + ST InvestmentsLiquidity on hand
$177.0M
$423.7M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$-802.0M
$7.2B
Total Assets
$2.4B
$10.6B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTX
GTX
STE
STE
Q4 25
$177.0M
$423.7M
Q3 25
$230.0M
$319.2M
Q2 25
$232.0M
$279.7M
Q1 25
$130.0M
$171.7M
Q4 24
$125.0M
$155.2M
Q3 24
$96.0M
$172.2M
Q2 24
$98.0M
$198.3M
Q1 24
$196.0M
$207.0M
Total Debt
GTX
GTX
STE
STE
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$2.2B
Q2 24
$2.2B
Q1 24
$3.1B
Stockholders' Equity
GTX
GTX
STE
STE
Q4 25
$-802.0M
$7.2B
Q3 25
$-813.0M
$7.0B
Q2 25
$-812.0M
$7.0B
Q1 25
$-700.0M
$6.6B
Q4 24
$-673.0M
$6.4B
Q3 24
$-778.0M
$6.6B
Q2 24
$-725.0M
$6.4B
Q1 24
$-735.0M
$6.3B
Total Assets
GTX
GTX
STE
STE
Q4 25
$2.4B
$10.6B
Q3 25
$2.4B
$10.4B
Q2 25
$2.4B
$10.4B
Q1 25
$2.3B
$10.1B
Q4 24
$2.3B
$10.0B
Q3 24
$2.2B
$10.2B
Q2 24
$2.2B
$10.1B
Q1 24
$2.4B
$11.1B
Debt / Equity
GTX
GTX
STE
STE
Q4 25
0.27×
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.33×
Q2 24
0.35×
Q1 24
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
GTX
GTX
STE
STE
Operating Cash FlowLast quarter
$99.0M
$298.2M
Free Cash FlowOCF − Capex
$78.0M
$199.5M
FCF MarginFCF / Revenue
8.8%
13.3%
Capex IntensityCapex / Revenue
2.4%
6.6%
Cash ConversionOCF / Net Profit
1.18×
1.55×
TTM Free Cash FlowTrailing 4 quarters
$341.0M
$917.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTX
GTX
STE
STE
Q4 25
$99.0M
$298.2M
Q3 25
$100.0M
$287.8M
Q2 25
$158.0M
$420.0M
Q1 25
$56.0M
$260.8M
Q4 24
$131.0M
$332.8M
Q3 24
$67.0M
$250.7M
Q2 24
$126.0M
$303.7M
Q1 24
$84.0M
$254.8M
Free Cash Flow
GTX
GTX
STE
STE
Q4 25
$78.0M
$199.5M
Q3 25
$90.0M
$201.3M
Q2 25
$143.0M
$326.4M
Q1 25
$30.0M
$189.9M
Q4 24
$109.0M
$243.6M
Q3 24
$47.0M
$148.8M
Q2 24
$109.0M
$195.7M
Q1 24
$52.0M
$163.3M
FCF Margin
GTX
GTX
STE
STE
Q4 25
8.8%
13.3%
Q3 25
10.0%
13.8%
Q2 25
15.7%
23.5%
Q1 25
3.4%
12.8%
Q4 24
12.9%
17.8%
Q3 24
5.7%
11.2%
Q2 24
12.2%
15.3%
Q1 24
5.7%
14.6%
Capex Intensity
GTX
GTX
STE
STE
Q4 25
2.4%
6.6%
Q3 25
1.1%
5.9%
Q2 25
1.6%
6.7%
Q1 25
3.0%
4.8%
Q4 24
2.6%
6.5%
Q3 24
2.4%
7.7%
Q2 24
1.9%
8.4%
Q1 24
3.5%
8.2%
Cash Conversion
GTX
GTX
STE
STE
Q4 25
1.18×
1.55×
Q3 25
1.30×
1.50×
Q2 25
1.82×
2.37×
Q1 25
0.90×
1.79×
Q4 24
1.31×
1.92×
Q3 24
1.29×
1.67×
Q2 24
1.97×
2.09×
Q1 24
1.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTX
GTX

Segment breakdown not available.

STE
STE

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

Related Comparisons