v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
EBP 001  
EBP, Investment, Fair Value and NAV [Line Items]  
EBP, Investment, Fair Value and NAV [Table Text Block]
The following tables set forth by level, within the fair value hierarchy, the Plan’s assets measured at fair value on a recurring basis as of December 31, 2025 and 2024:
TotalLevel 1Level 2Level 3
December 31, 2025   
Cash$1,929,740 $1,929,740 $ $ 
STERIS Company Stock Fund86,104,555 86,104,555   
Mutual Funds116,844,083 65,511,981 51,332,102  
Total assets in fair value hierarchy$204,878,378 $153,546,276 $51,332,102 $ 
Collective Trusts (1)
1,255,503,985    
Total assets at fair value$1,460,382,363 $153,546,276 $51,332,102 $ 
(1) In accordance with Subtopic 820-10 of ASC 820 Fair Value Measurement, certain investments that were measured at net asset value per share as a practical expedient are not required to be classified in the fair value hierarchy. The fair value amounts are intended to permit reconciliation of the fair value hierarchy to the line item in the Statements of Net Assets Available for Benefits.
TotalLevel 1Level 2Level 3
December 31, 2024   
Cash$1,436,271 $1,436,271 $— $— 
STERIS Company Stock Fund81,552,897 81,552,897 — — 
Mutual Funds467,543,520 419,161,873 48,381,647 — 
Total assets in fair value hierarchy$550,532,688 $502,151,041 $48,381,647 $— 
Collective Trusts (1)
692,329,123 — — — 
Total assets at fair value$1,242,861,811 $502,151,041 $48,381,647 $— 
(1) In accordance with Subtopic 820-10 of ASC 820 Fair Value Measurement, certain investments that were measured at net asset value per share as a practical expedient are not required to be classified in the fair value hierarchy. The fair value amounts are intended to permit reconciliation of the fair value hierarchy to the line item in the Statements of Net Assets Available for Benefits.