Seek Returns

ELV vs. STE: Elevance Health vs. STERIS Stock Comparison

How do Elevance Health (ELV) and STERIS (STE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Elevance Health (ELV) and STERIS (STE) both fall under the Health Care Equipment & Services industry group, but ELV is classified in Health Care Providers & Services while STE is classified in Health Care Equipment & Supplies.

Company profile comparison for Elevance Health (ELV) and STERIS (STE)
Profile ItemELVSTE
NameElevance Health, Inc.STERIS plc
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryManaged Health CareHealth Care Equipment
Market Capitalization91.96 billion USD24.50 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 30, 2001June 1, 1992
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ELV
STE
GSPC
Loading price history…
Elevance Health (ELV) vs. STERIS (STE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Elevance Health (ELV) and STERIS (STE). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Elevance Health (ELV) and STERIS (STE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Total Return (1Y)35.51%-1.85%
Total Return (3Y, Annualized)-0.68%9.57%
Total Return (5Y, Annualized)1.10%3.26%

Risk Profile

Drawdown History

ELV
STE
GSPC
Loading price history…
Elevance Health (ELV) vs. STERIS (STE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Elevance Health (ELV) and STERIS (STE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Volatility (1Y, Annualized)35.05%26.39%
Beta (5Y)0.610.81
Max Drawdown (5Y)-50.38%-36.18%
Avg. Volume (3M)1.19M694.02K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ELV and STE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Sharpe Ratio (1Y)0.89-0.23
Sortino Ratio (1Y)1.25-0.34

Profitability

ROE (TTM)

Both Elevance Health (ELV) at 11.48% and STERIS (STE) at 11.61% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ELV

Health Care Equipment & Services industry group

11.48%

Max
47.61%
Q3
14.36%
ELV
11.48%
Median
5.45%
Q1
-10.67%
Min
-47.01%

STE

Health Care Equipment & Services industry group

11.61%

Max
47.61%
Q3
14.36%
STE
11.61%
Median
5.45%
Q1
-10.67%
Min
-47.01%
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

STERIS (STE) at 13.41% retains a top-quartile share of revenue as profit, ahead of Elevance Health (ELV) at 2.55%, which keeps about the industry-typical share.

ELV

Health Care Equipment & Services industry group

2.55%

Max
29.35%
Q3
9.33%
ELV
2.55%
Median
2.18%
Q1
-6.29%
Min
-28.46%

STE

Health Care Equipment & Services industry group

13.41%

Max
29.35%
STE
13.41%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

STERIS (STE) at 19.18% operates in the top operating margin quartile, ahead of Elevance Health (ELV) at 4.22%, which runs around its industry’s norm.

ELV

Health Care Equipment & Services industry group

4.22%

Max
35.43%
Q3
14.14%
Median
6.81%
ELV
4.22%
Q1
-0.28%
Min
-16.29%

STE

Health Care Equipment & Services industry group

19.18%

Max
35.43%
STE
19.18%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
ROE (TTM)11.48%11.61%
ROA (TTM)4.01%7.00%
Net Margin (TTM)2.55%13.41%
Operating Margin (TTM)4.22%19.18%
Gross Margin (TTM)26.43%44.30%

Growth

Revenue Growth

Both Elevance Health (ELV) at 12.62% and STERIS (STE) at 8.73% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their Revenue Growth across different time periods.

EPS Growth

STERIS (STE) at 27.90% sits in the top EPS growth quartile, while Elevance Health (ELV) at -1.83% is closer to the peer norm — faster per-share earnings growth for STE.

Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Revenue Growth (YoY)12.62%8.73%
Revenue Growth (3Y CAGR)8.34%9.38%
EPS Growth (YoY)-1.83%27.90%
EPS Growth (3Y CAGR)0.53%94.97%

Financial Strength

Current Ratio (MRQ)

Both Elevance Health (ELV) at 1.47 and STERIS (STE) at 2.05 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

ELV

Health Care Equipment & Services industry group

1.47

Max
7.59
Q3
4.00
Median
1.98
ELV
1.47
Q1
1.37
Min
0.30

STE

Health Care Equipment & Services industry group

2.05

Max
7.59
Q3
4.00
STE
2.05
Median
1.98
Q1
1.37
Min
0.30
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Elevance Health (ELV) at 0.69 and STERIS (STE) at 0.28 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ELV

Health Care Equipment & Services industry group

0.69

Max
1.88
Q3
0.91
ELV
0.69
Median
0.58
Q1
0.16
Min
0.00

STE

Health Care Equipment & Services industry group

0.28

Max
1.88
Q3
0.91
Median
0.58
STE
0.28
Q1
0.16
Min
0.00
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Current Ratio (MRQ)1.472.05
Debt / Equity (MRQ)0.690.28
Net Debt / EBITDA-0.810.91

Dividends

Dividend Yield (TTM)

Both Elevance Health (ELV) at 1.59% and STERIS (STE) at 1.02% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

ELV

Health Care Equipment & Services industry group

1.59%

ELV
1.59%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

STE

Health Care Equipment & Services industry group

1.02%

STE
1.02%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Elevance Health (ELV) at 29.17% and STERIS (STE) at 30.61% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

ELV

Health Care Equipment & Services industry group

29.17%

ELV
29.17%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

STE

Health Care Equipment & Services industry group

30.61%

STE
30.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
Dividend Yield (TTM)1.59%1.02%
Dividend Payout Ratio (TTM)29.17%30.61%

Valuation

P/E Ratio (TTM)

Elevance Health (ELV) at 18.07 sits in the cheaper P/E ratio quartile, while STERIS (STE) at 29.93 is closer to its industry’s usual earnings multiple — a discount for ELV, though growth and earnings durability still matter.

ELV

Health Care Equipment & Services industry group

18.07

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
ELV
18.07
Min
4.21

STE

Health Care Equipment & Services industry group

29.93

Max
80.41
Q3
47.62
STE
29.93
Median
29.93
Q1
21.19
Min
4.21
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Elevance Health (ELV) at 0.46 sits in the cheaper P/S ratio quartile while STERIS (STE) at 3.97 prices around its industry’s middle — ELV costs less per dollar of sales, though read it alongside growth and margins.

ELV

Health Care Equipment & Services industry group

0.46

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
ELV
0.46
Min
0.03

STE

Health Care Equipment & Services industry group

3.97

Max
8.80
Q3
4.32
STE
3.97
Median
2.13
Q1
1.10
Min
0.03
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Elevance Health (ELV) at 2.06 and STERIS (STE) at 3.38 are valued close to their industries’ norm against book — neither stands out from peers.

ELV

Health Care Equipment & Services industry group

2.06

Max
11.68
Q3
6.12
Median
3.00
ELV
2.06
Q1
1.73
Min
-1.31

STE

Health Care Equipment & Services industry group

3.38

Max
11.68
Q3
6.12
STE
3.38
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
Elevance Health (ELV) vs. STERIS (STE): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Elevance Health (ELV) and STERIS (STE)
MetricELVSTE
P/E Ratio (TTM)18.0729.93
P/S Ratio (TTM)0.463.97
P/B Ratio (MRQ)2.063.38
Free Cash Flow Yield (TTM)8.69%3.36%