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Side-by-side financial comparison of SiriusPoint Ltd (SPNT) 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 $973.7M, roughly 1.5× SiriusPoint Ltd). SiriusPoint Ltd runs the higher net margin — 25.1% vs 12.9%, a 12.2% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 9.2%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs 15.8%).

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

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.

SPNT vs STE — Head-to-Head

Bigger by revenue
STE
STE
1.5× larger
STE
$1.5B
$973.7M
SPNT
Growing faster (revenue YoY)
SPNT
SPNT
+49.7% gap
SPNT
58.9%
9.2%
STE
Higher net margin
SPNT
SPNT
12.2% more per $
SPNT
25.1%
12.9%
STE
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
15.8%
STE

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SPNT
SPNT
STE
STE
Revenue
$973.7M
$1.5B
Net Profit
$244.1M
$192.9M
Gross Margin
43.8%
Operating Margin
28.8%
18.3%
Net Margin
25.1%
12.9%
Revenue YoY
58.9%
9.2%
Net Profit YoY
1535.9%
11.2%
EPS (diluted)
$1.92
$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
SPNT
SPNT
STE
STE
Q4 25
$973.7M
$1.5B
Q3 25
$755.9M
$1.5B
Q2 25
$748.2M
$1.4B
Q1 25
$727.3M
$1.5B
Q4 24
$612.8M
$1.4B
Q3 24
$562.2M
$1.3B
Q2 24
$743.3M
$1.3B
Q1 24
$685.5M
$1.1B
Net Profit
SPNT
SPNT
STE
STE
Q4 25
$244.1M
$192.9M
Q3 25
$90.8M
$191.9M
Q2 25
$63.2M
$177.4M
Q1 25
$61.6M
$145.7M
Q4 24
$-17.0M
$173.5M
Q3 24
$8.5M
$150.0M
Q2 24
$113.9M
$145.4M
Q1 24
$94.8M
$-1.4M
Gross Margin
SPNT
SPNT
STE
STE
Q4 25
43.8%
Q3 25
44.2%
Q2 25
45.1%
Q1 25
43.3%
Q4 24
44.5%
Q3 24
43.6%
Q2 24
44.7%
Q1 24
40.2%
Operating Margin
SPNT
SPNT
STE
STE
Q4 25
28.8%
18.3%
Q3 25
14.7%
18.2%
Q2 25
10.0%
17.7%
Q1 25
10.4%
14.6%
Q4 24
-2.1%
17.9%
Q3 24
2.0%
16.5%
Q2 24
17.4%
14.5%
Q1 24
15.4%
22.0%
Net Margin
SPNT
SPNT
STE
STE
Q4 25
25.1%
12.9%
Q3 25
12.0%
13.1%
Q2 25
8.4%
12.8%
Q1 25
8.5%
9.8%
Q4 24
-2.8%
12.7%
Q3 24
1.5%
11.3%
Q2 24
15.3%
11.4%
Q1 24
13.8%
-0.1%
EPS (diluted)
SPNT
SPNT
STE
STE
Q4 25
$1.92
$1.96
Q3 25
$0.73
$1.94
Q2 25
$0.50
$1.79
Q1 25
$0.49
$1.48
Q4 24
$-0.05
$1.75
Q3 24
$0.03
$1.51
Q2 24
$0.57
$1.46
Q1 24
$0.49
$-0.02

Balance Sheet & Financial Strength

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

Metric
SPNT
SPNT
STE
STE
Cash + ST InvestmentsLiquidity on hand
$731.2M
$423.7M
Total DebtLower is stronger
$688.6M
$1.9B
Stockholders' EquityBook value
$2.5B
$7.2B
Total Assets
$12.6B
$10.6B
Debt / EquityLower = less leverage
0.28×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPNT
SPNT
STE
STE
Q4 25
$731.2M
$423.7M
Q3 25
$582.4M
$319.2M
Q2 25
$732.4M
$279.7M
Q1 25
$740.3M
$171.7M
Q4 24
$682.0M
$155.2M
Q3 24
$640.7M
$172.2M
Q2 24
$598.1M
$198.3M
Q1 24
$867.5M
$207.0M
Total Debt
SPNT
SPNT
STE
STE
Q4 25
$688.6M
$1.9B
Q3 25
$682.5M
$1.9B
Q2 25
$678.4M
$1.9B
Q1 25
$663.5M
$1.9B
Q4 24
$639.1M
$2.0B
Q3 24
$660.5M
$2.2B
Q2 24
$648.6M
$2.2B
Q1 24
$770.6M
$3.1B
Stockholders' Equity
SPNT
SPNT
STE
STE
Q4 25
$2.5B
$7.2B
Q3 25
$2.2B
$7.0B
Q2 25
$2.1B
$7.0B
Q1 25
$2.0B
$6.6B
Q4 24
$1.9B
$6.4B
Q3 24
$2.7B
$6.6B
Q2 24
$2.7B
$6.4B
Q1 24
$2.6B
$6.3B
Total Assets
SPNT
SPNT
STE
STE
Q4 25
$12.6B
$10.6B
Q3 25
$12.5B
$10.4B
Q2 25
$12.4B
$10.4B
Q1 25
$12.3B
$10.1B
Q4 24
$12.5B
$10.0B
Q3 24
$12.7B
$10.2B
Q2 24
$12.8B
$10.1B
Q1 24
$13.1B
$11.1B
Debt / Equity
SPNT
SPNT
STE
STE
Q4 25
0.28×
0.27×
Q3 25
0.31×
0.27×
Q2 25
0.32×
0.27×
Q1 25
0.33×
0.29×
Q4 24
0.33×
0.32×
Q3 24
0.25×
0.33×
Q2 24
0.24×
0.35×
Q1 24
0.30×
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
SPNT
SPNT
STE
STE
Operating Cash FlowLast quarter
$-26.4M
$298.2M
Free Cash FlowOCF − Capex
$199.5M
FCF MarginFCF / Revenue
13.3%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
-0.11×
1.55×
TTM Free Cash FlowTrailing 4 quarters
$917.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPNT
SPNT
STE
STE
Q4 25
$-26.4M
$298.2M
Q3 25
$155.6M
$287.8M
Q2 25
$62.1M
$420.0M
Q1 25
$-88.9M
$260.8M
Q4 24
$107.7M
$332.8M
Q3 24
$58.1M
$250.7M
Q2 24
$-149.9M
$303.7M
Q1 24
$58.8M
$254.8M
Free Cash Flow
SPNT
SPNT
STE
STE
Q4 25
$199.5M
Q3 25
$201.3M
Q2 25
$326.4M
Q1 25
$189.9M
Q4 24
$243.6M
Q3 24
$148.8M
Q2 24
$195.7M
Q1 24
$163.3M
FCF Margin
SPNT
SPNT
STE
STE
Q4 25
13.3%
Q3 25
13.8%
Q2 25
23.5%
Q1 25
12.8%
Q4 24
17.8%
Q3 24
11.2%
Q2 24
15.3%
Q1 24
14.6%
Capex Intensity
SPNT
SPNT
STE
STE
Q4 25
6.6%
Q3 25
5.9%
Q2 25
6.7%
Q1 25
4.8%
Q4 24
6.5%
Q3 24
7.7%
Q2 24
8.4%
Q1 24
8.2%
Cash Conversion
SPNT
SPNT
STE
STE
Q4 25
-0.11×
1.55×
Q3 25
1.71×
1.50×
Q2 25
0.98×
2.37×
Q1 25
-1.44×
1.79×
Q4 24
1.92×
Q3 24
6.84×
1.67×
Q2 24
-1.32×
2.09×
Q1 24
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SPNT
SPNT

Segment breakdown not available.

STE
STE

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

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