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Side-by-side financial comparison of Steris (STE) and TFI International Inc. (TFII). Click either name above to swap in a different company.
Steris is the larger business by last-quarter revenue ($1.5B vs $921.9M, roughly 1.6× TFI International Inc.).
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.
TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal. It operates primarily in Canada, the United States, and Mexico through 4 business segments: less than truckload (LTL), package and courier, logistics, and truckload. It has Canada's largest LTL business, largest trucking fleet, and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. Its trucking fleet consists of over 14,000 c...
STE vs TFII — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $921.9M |
| Net Profit | $192.9M | — |
| Gross Margin | 43.8% | — |
| Operating Margin | 18.3% | 8.4% |
| Net Margin | 12.9% | — |
| Revenue YoY | 9.2% | — |
| Net Profit YoY | 11.2% | — |
| EPS (diluted) | $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.
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $921.9M | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.5B | $2.0B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.3B | $2.3B | ||
| Q1 24 | $1.1B | $1.9B |
| Q4 25 | $192.9M | — | ||
| Q3 25 | $191.9M | — | ||
| Q2 25 | $177.4M | $98.2M | ||
| Q1 25 | $145.7M | $56.0M | ||
| Q4 24 | $173.5M | — | ||
| Q3 24 | $150.0M | — | ||
| Q2 24 | $145.4M | $117.8M | ||
| Q1 24 | $-1.4M | $92.8M |
| 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% | — |
| Q4 25 | 18.3% | — | ||
| Q3 25 | 18.2% | 8.4% | ||
| Q2 25 | 17.7% | 8.4% | ||
| Q1 25 | 14.6% | 5.8% | ||
| Q4 24 | 17.9% | — | ||
| Q3 24 | 16.5% | 9.5% | ||
| Q2 24 | 14.5% | 9.2% | ||
| Q1 24 | 22.0% | 8.1% |
| Q4 25 | 12.9% | — | ||
| Q3 25 | 13.1% | — | ||
| Q2 25 | 12.8% | 4.8% | ||
| Q1 25 | 9.8% | 2.9% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | 11.4% | 5.2% | ||
| Q1 24 | -0.1% | 5.0% |
| Q4 25 | $1.96 | — | ||
| Q3 25 | $1.94 | — | ||
| Q2 25 | $1.79 | — | ||
| Q1 25 | $1.48 | — | ||
| Q4 24 | $1.75 | — | ||
| Q3 24 | $1.51 | — | ||
| Q2 24 | $1.46 | — | ||
| Q1 24 | $-0.02 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $423.7M | — |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $7.2B | — |
| Total Assets | $10.6B | — |
| Debt / EquityLower = less leverage | 0.27× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $423.7M | — | ||
| Q3 25 | $319.2M | — | ||
| Q2 25 | $279.7M | — | ||
| Q1 25 | $171.7M | — | ||
| Q4 24 | $155.2M | — | ||
| Q3 24 | $172.2M | — | ||
| Q2 24 | $198.3M | — | ||
| Q1 24 | $207.0M | — |
| 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 | — |
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.0B | — | ||
| Q2 25 | $7.0B | — | ||
| Q1 25 | $6.6B | — | ||
| Q4 24 | $6.4B | — | ||
| Q3 24 | $6.6B | — | ||
| Q2 24 | $6.4B | — | ||
| Q1 24 | $6.3B | — |
| Q4 25 | $10.6B | — | ||
| Q3 25 | $10.4B | — | ||
| Q2 25 | $10.4B | — | ||
| Q1 25 | $10.1B | — | ||
| Q4 24 | $10.0B | — | ||
| Q3 24 | $10.2B | — | ||
| Q2 24 | $10.1B | — | ||
| Q1 24 | $11.1B | — |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $298.2M | — |
| Free Cash FlowOCF − Capex | $199.5M | — |
| FCF MarginFCF / Revenue | 13.3% | — |
| Capex IntensityCapex / Revenue | 6.6% | — |
| Cash ConversionOCF / Net Profit | 1.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | $917.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $298.2M | — | ||
| Q3 25 | $287.8M | — | ||
| Q2 25 | $420.0M | — | ||
| Q1 25 | $260.8M | — | ||
| Q4 24 | $332.8M | — | ||
| Q3 24 | $250.7M | — | ||
| Q2 24 | $303.7M | — | ||
| Q1 24 | $254.8M | — |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 1.55× | — | ||
| Q3 25 | 1.50× | — | ||
| Q2 25 | 2.37× | — | ||
| Q1 25 | 1.79× | — | ||
| Q4 24 | 1.92× | — | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 2.09× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STE
| Servicerevenues | $404.7M | 27% |
| Consumablerevenues | $387.1M | 26% |
| Applied Sterilization Technologies | $286.6M | 19% |
| Capitalequipmentrevenues | $272.1M | 18% |
| Life Science | $145.8M | 10% |
TFII
Segment breakdown not available.
