8-K Announcements
6Apr 30, 2026·SEC
Mar 23, 2026·SEC
Mar 12, 2026·SEC
Stryker Corporation (SYK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Stryker Corporation (SYK) stock price & volume — 10-year historical chart
Stryker Corporation (SYK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Stryker Corporation (SYK) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $2.60vs $2.98-12.8% | $6.0Bvs $6.3B-5.0% |
| Q1 2026 | Jan 29, 2026 | $4.47vs $4.40+1.6% | $7.2Bvs $7.1B+0.7% |
| Q4 2025 | Oct 30, 2025 | $3.19vs $3.13+1.9% | $6.1Bvs $6.0B+0.2% |
| Q3 2025 | Jul 31, 2025 | $3.13vs $3.07+2.0% | $6.0Bvs $5.9B+1.4% |
Stryker Corporation (SYK) competitors in Orthopedics, spine, and sports medicine — business model, growth, and fundamentals comparison
Stryker Corporation (SYK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Stryker Corporation (SYK) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 12.44B | 13.6B | 14.88B | 14.35B | 17.11B | 18.45B | 20.5B | 22.59B | 25.12B |
| Revenue Growth % | 9.88% | 9.3% | 9.43% | -3.58% | 19.21% | 7.84% | 11.11% | 10.23% | 11.16% |
| Cost of Goods Sold | 4.54B | 5B | 5.5B | 5.6B | 6.4B | 7.41B | 8B | 8.62B | 9.05B |
| COGS % of Revenue | 36.49% | 36.77% | 36.97% | 39.01% | 37.4% | 40.16% | 39.05% | 38.13% | 36.04% |
| Gross Profit | 7.9B▲ 0% | 8.6B▲ 8.8% | 9.38B▲ 9.1% | 8.75B▼ 6.7% | 10.71B▲ 22.3% | 11.04B▲ 3.1% | 12.49B▲ 13.2% | 13.98B▲ 11.9% | 16.07B▲ 14.9% |
| Gross Margin % | 63.51% | 63.23% | 63.03% | 60.99% | 62.6% | 59.84% | 60.95% | 61.87% | 63.96% |
| Gross Profit Growth % | 9.07% | 8.82% | 9.09% | -6.7% | 22.35% | 3.09% | 13.17% | 11.89% | 14.91% |
| Operating Expenses | 5.14B | 5.5B | 5.99B | 5.72B | 6.95B | 7.31B | 8.21B | 8.92B | 11.18B |
| OpEx % of Revenue | 41.27% | 40.41% | 40.27% | 39.89% | 40.6% | 39.6% | 40.07% | 39.47% | 44.5% |
| Selling, General & Admin | 4.35B | 4.63B | 5.02B | 4.82B | 5.81B | 6.08B | 6.92B | 7.5B | 8.65B |
| SG&A % of Revenue | 34.95% | 34.07% | 33.75% | 33.59% | 33.98% | 32.93% | 33.76% | 33.22% | 34.44% |
| Research & Development | 787M | 862M | 971M | 905M | 1.13B | 1.23B | 1.29B | 1.41B | 1.58B |
| R&D % of Revenue | 6.32% | 6.34% | 6.52% | 6.31% | 6.62% | 6.67% | 6.31% | 6.26% | 6.3% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 902M |
| Operating Income | 2.77B▲ 0% | 3.1B▲ 12.2% | 3.39B▲ 9.1% | 3.03B▼ 10.6% | 3.76B▲ 24.3% | 3.73B▼ 0.8% | 4.28B▲ 14.6% | 5.06B▲ 18.2% | 4.89B▼ 3.4% |
| Operating Margin % | 22.24% | 22.82% | 22.76% | 21.1% | 22% | 20.24% | 20.89% | 22.4% | 19.47% |
| Operating Income Growth % | 7.37% | 12.18% | 9.15% | -10.63% | 24.27% | -0.77% | 14.65% | 18.22% | -3.4% |
| EBITDA | 3.41B | 3.83B | 4.17B | 3.84B | 4.75B | 4.73B | 5.31B | 6.11B | 6.08B |
| EBITDA Margin % | 27.39% | 28.14% | 27.99% | 26.76% | 27.78% | 25.65% | 25.9% | 27.05% | 24.22% |
| EBITDA Growth % | 9.16% | 12.26% | 8.86% | -7.83% | 23.78% | -0.44% | 12.19% | 15.11% | -0.47% |
| D&A (Non-Cash Add-back) | 642M | 723M | 778M | 812M | 990M | 998M | 1.03B | 1.05B | 1.19B |
| EBIT | 2.31B | 2.62B | 2.85B | 2.27B | 2.62B | 3.02B | 4.03B | 3.89B | 5.12B |
| Net Interest Income | -187M | -145M | -132M | -213M | -269M | -243M | -281M | -257M | -486M |
| Interest Income | 60M | 119M | 155M | 102M | 68M | 94M | 75M | 139M | 121M |
| Interest Expense | 247M | 264M | 287M | 315M | 337M | 337M | 356M | 396M | 607M |
| Other Income/Expense | -704M | -748M | -826M | -1.07B | -1.48B | -1.05B | -608M | -1.57B | -375M |
| Pretax Income | 2.06B▲ 0% | 2.36B▲ 14.2% | 2.56B▲ 8.7% | 1.95B▼ 23.7% | 2.28B▲ 16.7% | 2.68B▲ 17.6% | 3.67B▲ 36.9% | 3.49B▼ 4.9% | 4.51B▲ 29.3% |
| Pretax Margin % | 16.58% | 17.32% | 17.21% | 13.62% | 13.33% | 14.54% | 17.92% | 15.45% | 17.97% |
| Income Tax | 1.04B | -1.2B | 479M | 355M | 287M | 325M | 508M | 499M | 1.27B |
| Effective Tax Rate % | 50.56% | -50.81% | 18.7% | 18.17% | 12.58% | 12.11% | 13.83% | 14.29% | 28.09% |
| Net Income | 1.02B▲ 0% | 3.55B▲ 248.3% | 2.08B▼ 41.4% | 1.6B▼ 23.2% | 1.99B▲ 24.7% | 2.36B▲ 18.3% | 3.17B▲ 34.2% | 2.99B▼ 5.4% | 3.25B▲ 8.5% |
| Net Margin % | 8.2% | 26.12% | 13.99% | 11.14% | 11.66% | 12.78% | 15.44% | 13.25% | 12.92% |
| Net Income Growth % | -38.07% | 248.33% | -41.37% | -23.24% | 24.7% | 18.25% | 34.22% | -5.43% | 8.45% |
| Net Income (Continuing) | 1.02B | 3.55B | 2.08B | 1.6B | 1.99B | 2.36B | 3.17B | 2.99B | 3.25B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.68▲ 0% | 9.34▲ 248.5% | 5.48▼ 41.3% | 4.20▼ 23.4% | 5.22▲ 24.3% | 6.17▲ 18.2% | 8.25▲ 33.7% | 7.76▼ 5.9% | 8.40▲ 8.2% |
| EPS Growth % | -38.39% | 248.51% | -41.33% | -23.36% | 24.29% | 18.2% | 33.71% | -5.94% | 8.25% |
| EPS (Basic) | 2.73 | 9.50 | 5.57 | 4.26 | 5.29 | 6.23 | 8.34 | 7.86 | 8.49 |
| Diluted Shares Outstanding | 380.1M | 380.3M | 379.9M | 380.3M | 382.3M | 382.2M | 383.7M | 385.6M | 382.2M |
| Basic Shares Outstanding | 374M | 374.1M | 374M | 375.5M | 377M | 378.2M | 379.6M | 381M | 382.2M |
| Dividend Payout Ratio | 62.35% | 19.79% | 37.35% | 53.97% | 47.64% | 44.57% | 35.99% | 40.73% | 39.56% |
Stryker Corporation (SYK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 7.99B | 9.73B | 11.36B | 9.71B | 10.02B | 10.28B | 12.52B | 14.85B | 14.76B |
| Cash & Short-Term Investments | 2.79B | 3.7B | 4.42B | 3.02B | 3.02B | 1.93B | 3.05B | 4.49B | 4.1B |
| Cash Only | 2.54B | 3.62B | 4.34B | 2.94B | 2.94B | 1.84B | 2.97B | 3.65B | 4.01B |
| Short-Term Investments | 251M | 83M | 88M | 81M | 75M | 84M | 82M | 841M | 89M |
| Accounts Receivable | 2.2B | 2.33B | 2.89B | 2.7B | 3.02B | 3.56B | 3.77B | 3.99B | 4.04B |
| Days Sales Outstanding | 64.47 | 62.58 | 70.94 | 68.7 | 64.47 | 70.53 | 67.04 | 64.41 | 58.7 |
| Inventory | 2.46B | 2.96B | 3.28B | 3.49B | 3.31B | 4B | 4.84B | 4.77B | 5.31B |
| Days Inventory Outstanding | 198.13 | 215.67 | 217.73 | 227.82 | 189.03 | 196.81 | 220.85 | 202.26 | 214.14 |
| Other Current Assets | 537M | 747M | 760M | 488M | 662M | 787M | 857M | 1.59B | 1.31B |
| Total Non-Current Assets | 14.19B | 17.5B | 18.81B | 24.62B | 24.61B | 26.61B | 27.39B | 28.12B | 33.09B |
| Property, Plant & Equipment | 1.98B | 2.29B | 2.95B | 3.17B | 3.25B | 3.44B | 3.71B | 3.96B | 3.88B |
| Fixed Asset Turnover | 6.30x | 5.94x | 5.04x | 4.52x | 5.26x | 5.36x | 5.53x | 5.70x | 6.48x |
| Goodwill | 7.17B | 8.56B | 9.07B | 12.78B | 12.92B | 14.88B | 15.24B | 15.86B | 24.97B |
| Intangible Assets | 3.48B | 4.16B | 4.23B | 5.55B | 4.84B | 4.88B | 4.59B | 4.39B | 0 |
| Long-Term Investments | 0 | 0 | 0 | 4M | 66M | 90M | 2M | 39M | 0 |
| Other Non-Current Assets | 1.3B | 801M | 985M | 1.58B | 1.78B | 1.9B | 2.18B | 2.13B | 3.14B |
| Total Assets | 22.18B▲ 0% | 27.23B▲ 22.7% | 30.17B▲ 10.8% | 34.33B▲ 13.8% | 34.63B▲ 0.9% | 36.88B▲ 6.5% | 39.91B▲ 8.2% | 42.97B▲ 7.7% | 47.84B▲ 11.3% |
| Asset Turnover | 0.56x | 0.50x | 0.49x | 0.42x | 0.49x | 0.50x | 0.51x | 0.53x | 0.52x |
| Asset Growth % | 8.55% | 22.75% | 10.79% | 13.8% | 0.88% | 6.51% | 8.21% | 7.66% | 11.34% |
| Total Current Liabilities | 3.29B | 4.81B | 4.4B | 5.04B | 4.55B | 6.3B | 7.92B | 7.62B | 7.79B |
| Accounts Payable | 487M | 646M | 675M | 810M | 1.13B | 1.41B | 1.52B | 1.68B | 0 |
| Days Payables Outstanding | 39.14 | 47.15 | 44.78 | 52.81 | 64.4 | 69.61 | 69.18 | 71.14 | - |
| Short-Term Debt | 632M | 1.37B | 945M | 870M | 119M | 1.31B | 2.24B | 1.55B | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.39B | 1.71B | 1.65B | 2.23B | 2.02B | 2.14B | 2.3B | 2.44B | 7.79B |
| Current Ratio | 2.43x | 2.02x | 2.58x | 1.93x | 2.20x | 1.63x | 1.58x | 1.95x | 1.89x |
| Quick Ratio | 1.68x | 1.41x | 1.84x | 1.23x | 1.47x | 1.00x | 0.97x | 1.32x | 1.21x |
| Cash Conversion Cycle | 223.46 | 231.11 | 243.89 | 243.7 | 189.11 | 197.73 | 218.71 | 195.53 | - |
| Total Non-Current Liabilities | 8.73B | 10.69B | 12.96B | 16.2B | 15.21B | 13.96B | 13.4B | 14.72B | 17.63B |
| Long-Term Debt | 6.59B | 8.49B | 10.23B | 13.23B | 12.47B | 11.86B | 10.9B | 12.19B | 14.86B |
| Capital Lease Obligations | 0 | 0 | 301M | 325M | 310M | 357M | 356M | 379M | 0 |
| Deferred Tax Liabilities | 47M | 54M | 108M | 117M | 68M | 67M | 63M | 82M | 0 |
| Other Non-Current Liabilities | 2.1B | 2.15B | 2.32B | 2.53B | 2.35B | 1.68B | 2.08B | 2.07B | 2.77B |
| Total Liabilities | 12.22B | 15.5B | 17.36B | 21.25B | 19.75B | 20.27B | 21.32B | 22.34B | 25.42B |
| Total Debt | 7.22B | 9.86B | 11.48B | 14.43B | 12.9B | 13.53B | 13.49B | 14.12B | 14.86B |
| Net Debt | 4.68B | 6.24B | 7.14B | 11.48B | 9.96B | 11.68B | 10.52B | 10.47B | 10.85B |
| Debt / Equity | 0.72x | 0.84x | 0.90x | 1.10x | 0.87x | 0.81x | 0.73x | 0.68x | 0.66x |
| Debt / EBITDA | 2.12x | 2.58x | 2.75x | 3.76x | 2.71x | 2.86x | 2.54x | 2.31x | 2.44x |
| Net Debt / EBITDA | 1.37x | 1.63x | 1.71x | 2.99x | 2.09x | 2.47x | 1.98x | 1.71x | 1.78x |
| Interest Coverage | 9.35x | 9.92x | 9.93x | 7.20x | 7.77x | 8.96x | 11.32x | 9.82x | 8.44x |
| Total Equity | 9.98B▲ 0% | 11.73B▲ 17.5% | 12.81B▲ 9.2% | 13.08B▲ 2.2% | 14.88B▲ 13.7% | 16.62B▲ 11.7% | 18.59B▲ 11.9% | 20.63B▲ 11.0% | 22.42B▲ 8.7% |
| Equity Growth % | 4.5% | 17.54% | 9.18% | 2.16% | 13.7% | 11.69% | 11.9% | 10.98% | 8.66% |
| Book Value per Share | 26.26 | 30.84 | 33.71 | 34.40 | 38.91 | 43.47 | 48.46 | 53.51 | 58.66 |
| Total Shareholders' Equity | 9.97B | 11.73B | 12.81B | 13.08B | 14.88B | 16.62B | 18.59B | 20.63B | 22.42B |
| Common Stock | 37M | 37M | 37M | 38M | 38M | 38M | 38M | 38M | 0 |
| Retained Earnings | 8.99B | 10.77B | 11.75B | 12.46B | 13.48B | 14.77B | 16.77B | 18.53B | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -553M | -631M | -606M | -1.16B | -531M | -221M | -416M | -293M | 0 |
| Minority Interest | 14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stryker Corporation (SYK) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.56B | 2.61B | 2.19B | 3.28B | 3.26B | 2.62B | 3.71B | 4.24B | 5.04B |
| Operating CF Margin % | 12.53% | 19.19% | 14.72% | 22.83% | 19.07% | 14.22% | 18.1% | 18.77% | 20.08% |
| Operating CF Growth % | -18.59% | 67.42% | -16.05% | 49.57% | -0.43% | -19.58% | 41.43% | 14.31% | 18.91% |
| Net Income | 1.02B | 3.55B | 2.08B | 1.6B | 1.99B | 2.36B | 3.17B | 2.99B | 3.25B |
| Depreciation & Amortization | 642M | 723M | 778M | 812M | 990M | 998M | 1.03B | 1.05B | 1.19B |
| Stock-Based Compensation | 113M | 119M | 127M | 142M | 171M | 168M | 205M | 229M | 243M |
| Deferred Taxes | 36M | -1.58B | 126M | 48M | -237M | 58M | -206M | -370M | 392M |
| Other Non-Cash Items | -149M | 1.46B | -253M | -190M | 66M | -226M | 19M | 1.02B | 343M |
| Working Capital Changes | -103M | -1.67B | -670M | 866M | 279M | -732M | -500M | -683M | -373M |
| Change in Receivables | -162M | -60M | -563M | 354M | -377M | -579M | -175M | -321M | 127M |
| Change in Inventory | -320M | -385M | -400M | 27M | -189M | -762M | -797M | -206M | -297M |
| Change in Payables | 21M | 116M | 63M | 100M | 329M | 290M | 77M | 192M | 94M |
| Cash from Investing | -1.61B | -2.86B | -1.46B | -4.7B | -859M | -2.92B | -962M | -3B | -4.87B |
| Capital Expenditures | -598M | -572M | -649M | -487M | -525M | -588M | -575M | -755M | -761M |
| CapEx % of Revenue | 4.81% | 4.21% | 4.36% | 3.39% | 3.07% | 3.19% | 2.81% | 3.34% | 3.03% |
| Acquisitions | -831M | -2.45B | -802M | -4.22B | -339M | -2.56B | -390M | -1.63B | -4.79B |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1M | -2M | 1M | 1M | -1M | 39M | 1M | 43M | -60M |
| Cash from Financing | -794M | 1.33B | 3M | -11M | -2.37B | -749M | -1.59B | -525M | 113M |
| Debt Issued (Net) | 299M | 2.46B | 1.29B | 989M | -1.15B | 472M | -277M | 940M | 1.58B |
| Equity Issued (Net) | -230M | -300M | -307M | -110M | -114M | -122M | -155M | -195M | 0 |
| Dividends Paid | -636M | -703M | -778M | -863M | -950M | -1.05B | -1.14B | -1.22B | -1.28B |
| Share Repurchases | -230M | -300M | -307M | -110M | -114M | -122M | -155M | -195M | 0 |
| Other Financing | -227M | -124M | -205M | -27M | -148M | -48M | -23M | -51M | -182M |
| Net Change in Cash | -774M▲ 0% | 1.07B▲ 238.8% | 721M▼ 32.9% | -1.39B▼ 293.3% | 1M▲ 100.1% | -1.1B▼ 110100.0% | 1.13B▲ 202.5% | 681M▼ 39.6% | 359M▼ 47.3% |
| Free Cash Flow | 961M▲ 0% | 2.04B▲ 112.1% | 1.54B▼ 24.3% | 2.79B▲ 80.9% | 2.74B▼ 1.9% | 2.04B▼ 25.6% | 3.14B▲ 54.0% | 3.49B▲ 11.2% | 4.28B▲ 22.8% |
| FCF Margin % | 7.72% | 14.98% | 10.36% | 19.44% | 16% | 11.04% | 15.3% | 15.43% | 17.05% |
| FCF Growth % | -32.56% | 112.07% | -24.34% | 80.93% | -1.86% | -25.64% | 54.03% | 11.19% | 22.83% |
| FCF per Share | 2.53 | 5.36 | 4.06 | 7.34 | 7.16 | 5.33 | 8.17 | 9.04 | 11.21 |
| FCF Conversion (FCF/Net Income) | 1.53x | 0.73x | 1.05x | 2.05x | 1.64x | 1.11x | 1.17x | 1.42x | 1.55x |
| Interest Paid | 231M | 248M | 286M | 304M | 325M | 324M | 356M | 396M | 0 |
| Taxes Paid | 312M | 539M | 457M | 323M | 622M | 505M | 693M | 989M | 0 |
Stryker Corporation (SYK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 18.24% | 10.45% | 32.73% | 16.98% | 12.35% | 14.26% | 14.97% | 17.98% | 15.26% | 15.08% |
| Return on Invested Capital (ROIC) | 17.35% | 14.93% | 14.27% | 13.4% | 10.2% | 11.43% | 10.54% | 11.18% | 12.61% | 11.39% |
| Gross Margin | 63.98% | 63.51% | 63.23% | 63.03% | 60.99% | 62.6% | 59.84% | 60.95% | 61.87% | 63.96% |
| Net Margin | 14.54% | 8.2% | 26.12% | 13.99% | 11.14% | 11.66% | 12.78% | 15.44% | 13.25% | 12.92% |
| Debt / Equity | 0.72x | 0.72x | 0.84x | 0.90x | 1.10x | 0.87x | 0.81x | 0.73x | 0.68x | 0.66x |
| Interest Coverage | 9.43x | 9.35x | 9.92x | 9.93x | 7.20x | 7.77x | 8.96x | 11.32x | 9.82x | 8.44x |
| FCF Conversion | 1.16x | 1.53x | 0.73x | 1.05x | 2.05x | 1.64x | 1.11x | 1.17x | 1.42x | 1.55x |
| Revenue Growth | 13.86% | 9.88% | 9.3% | 9.43% | -3.58% | 19.21% | 7.84% | 11.11% | 10.23% | 11.16% |
Stryker Corporation (SYK) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Mar 23, 2026·SEC
Mar 12, 2026·SEC
Stryker Corporation (SYK) stock FAQ — growth, dividends, profitability & financials explained
Stryker Corporation (SYK) reported $25.12B in revenue for fiscal year 2025. This represents a 2660% increase from $910.1M in 1996.
Stryker Corporation (SYK) grew revenue by 11.2% over the past year. This is steady growth.
Yes, Stryker Corporation (SYK) is profitable, generating $3.25B in net income for fiscal year 2025 (12.9% net margin).
Yes, Stryker Corporation (SYK) pays a dividend with a yield of 1.14%. This makes it attractive for income-focused investors.
Stryker Corporation (SYK) has a return on equity (ROE) of 15.1%. This is reasonable for most industries.
Stryker Corporation (SYK) generated $4.28B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Stryker Corporation (SYK) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates