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Sotera Health vs Viemed Healthcare: revenue, profit, margins and growth compared

Sotera Health brought in $1.2B of revenue in fiscal 2025, Viemed Healthcare $270.3M in fiscal 2025. Revenue changed by +5.7% at Sotera Health and +20.5% at Viemed Healthcare on the year before, so Viemed Healthcare grew faster. Sotera Health kept 6.7% of its revenue as net profit, Viemed Healthcare 5.5%. Free cash flow was $149.2M at Sotera Health and $11.9M at Viemed Healthcare.

Side by side, latest fiscal year

SHCVMD
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.2B$270.3M
Revenue growth+5.7%+20.5%
Net income$77.9M$14.9M
Net margin6.7%5.5%
Free cash flow$149.2M$11.9M
Free cash flow margin12.8%4.4%
Earnings per share (diluted)$0.27$0.37
Cash$344.6M$13.5M
Debt$2.1B$12.4M
Price to earnings67.924.1
Market value$5.2B$339.4M
Dividend yieldn/an/a
Rank by revenue in sector#138 of 523 · Health care#231 of 523 · Health care

Over the years

Revenue
SHC FY2019: $778.3MSHC FY2021: $818.2MSHC FY2021: $931.5MSHC FY2022: $1BSHC FY2023: $1BSHC FY2024: $1.1BSHC FY2025: $1.2BVMD FY2019: $64.5MVMD FY2019: $80.3MVMD FY2020: $131.3MVMD FY2021: $117.1MVMD FY2022: $138.8MVMD FY2023: $183MVMD FY2024: $224.3MVMD FY2025: $270.3MFY19FY20FY21FY22FY23FY24FY25
SHC $1.2BVMD $270.3M
Net income
SHC FY2019: -$20.9MSHC FY2021: -$38.6MSHC FY2021: $116.9MSHC FY2022: -$233.6MSHC FY2023: $51.4MSHC FY2024: $44.4MSHC FY2025: $77.9MVMD FY2019: $9.5MVMD FY2019: $8.5MVMD FY2020: $31.5MVMD FY2021: $9.1MVMD FY2022: $6.2MVMD FY2023: $10.2MVMD FY2024: $11.3MVMD FY2025: $14.9MFY19FY20FY21FY22FY23FY24FY25
SHC $77.9MVMD $14.9M
Net margin
SHC FY2019: -2.7%SHC FY2021: -4.7%SHC FY2021: 12.5%SHC FY2022: -23.3%SHC FY2023: 4.9%SHC FY2024: 4.0%SHC FY2025: 6.7%VMD FY2019: 14.7%VMD FY2019: 10.6%VMD FY2020: 24.0%VMD FY2021: 7.8%VMD FY2022: 4.5%VMD FY2023: 5.6%VMD FY2024: 5.0%VMD FY2025: 5.5%FY19FY20FY21FY22FY23FY24FY25
SHC 6.7%VMD 5.5%
Revenue growth
SHC FY2021: +5.1%SHC FY2021: +13.9%SHC FY2022: +7.8%SHC FY2023: +4.5%SHC FY2024: +4.9%SHC FY2025: +5.7%VMD FY2019: +24.5%VMD FY2020: +63.6%VMD FY2021: -10.8%VMD FY2022: +18.6%VMD FY2023: +31.8%VMD FY2024: +22.5%VMD FY2025: +20.5%FY19FY20FY21FY22FY23FY24FY25
SHC +5.7%VMD +20.5%
Free cash flow
SHC FY2019: $91.8MSHC FY2021: $67.1MSHC FY2021: $179.4MSHC FY2022: $95.6MSHC FY2023: -$362.7MSHC FY2024: $45.1MSHC FY2025: $149.2MVMD FY2019: $16.3MVMD FY2019: $5.7MVMD FY2020: $22.1MVMD FY2021: $2.8MVMD FY2022: $4.9MVMD FY2023: $19.1MVMD FY2024: $1.3MVMD FY2025: $11.9MFY19FY20FY21FY22FY23FY24FY25
SHC $149.2MVMD $11.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Sotera Health and Viemed Healthcare

Which is bigger by revenue, Sotera Health or Viemed Healthcare?

Sotera Health is bigger by revenue: $1.2B in fiscal 2025, against $270.3M for Viemed Healthcare in fiscal 2025.

Which keeps more of its revenue as profit, Sotera Health or Viemed Healthcare?

Sotera Health had a net margin of 6.7% in fiscal 2025; Viemed Healthcare had 5.5% in fiscal 2025.

Which grew revenue faster, Sotera Health or Viemed Healthcare?

In their latest fiscal years revenue changed by +5.7% at Sotera Health and +20.5% at Viemed Healthcare.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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