Stryker Corp Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Stryker Corp has an operating margin of 19.5%, meaning the company retains $19 of operating profit per $100 of revenue. This strong profitability earns a score of 97/100, reflecting efficient cost management and pricing power. This is up from 16.3% the prior year.
Stryker Corp's revenue declined 100% year-over-year, from $22.6B to $25K. This contraction results in a growth score of 0/100.
Stryker Corp carries a low D/E ratio of 0.66, meaning only $0.66 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.
Stryker Corp's current ratio of 1.89 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.
Stryker Corp converts 17.1% of revenue into free cash flow ($4K). This strong cash generation earns a score of 85/100.
Stryker Corp's ROE of 14.5% shows moderate profitability relative to equity, earning a score of 58/100. This is up from 14.5% the prior year.
Stryker Corp scores 3305929.64, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($140.1B) relative to total liabilities ($25K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Stryker Corp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Stryker Corp generates $1.55 in operating cash flow ($5K OCF vs $3K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Stryker Corp earns $8.4 in operating income for every $1 of interest expense ($5K vs $582). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Stryker Corp (SYK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Stryker Corp generated $25K in revenue in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Stryker Corp's EBITDA was $5K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 100.0% from the prior year.
Stryker Corp generated $4K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 100.0% from the prior year.
Stryker Corp reported $3K in net income in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Stryker Corp earned $8.40 per diluted share (EPS) in fiscal year 2025. This represents an increase of 8.2% from the prior year.
Stryker Corp held $4K in cash against $15K in long-term debt as of fiscal year 2025.
Stryker Corp paid $0.84 per share in dividends in fiscal year 2025.
Stryker Corp had 383M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.
Stryker Corp's gross margin was 64.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.
Stryker Corp's operating margin was 19.5% in fiscal year 2025, reflecting core business profitability. This is up 3.1 percentage points from the prior year.
Stryker Corp's net profit margin was 12.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.3 percentage points from the prior year.
Stryker Corp's ROE was 14.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.0 percentage points from the prior year.
Stryker Corp invested $2K in research and development in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Stryker Corp invested $761 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
SYK Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.2B+18.4% | $6.1B+0.6% | $6.0B+2.7% | $5.9B-8.9% | $6.4B+17.1% | $5.5B+1.3% | $5.4B+3.4% | $5.2B |
| Cost of Revenue | $2.5B+15.3% | $2.2B+1.1% | $2.2B+2.8% | $2.1B-6.2% | $2.3B+14.4% | $2.0B-1.4% | $2.0B+5.0% | $1.9B |
| Gross Profit | $4.6B+20.1% | $3.9B+0.3% | $3.8B+2.6% | $3.7B-10.3% | $4.2B+18.7% | $3.5B+3.0% | $3.4B+2.5% | $3.3B |
| R&D Expenses | $401.0M-2.2% | $410.0M+0.7% | $407.0M+0.5% | $405.0M+13.1% | $358.0M-5.0% | $377.0M+3.9% | $363.0M-1.4% | $368.0M |
| SG&A Expenses | $2.2B+8.9% | $2.0B-1.6% | $2.1B-9.6% | $2.3B+8.3% | $2.1B+12.1% | $1.9B+3.4% | $1.8B-0.3% | $1.8B |
| Operating Income | $1.8B+58.9% | $1.1B+2.0% | $1.1B+33.0% | $837.0M+44.1% | $581.0M-46.5% | $1.1B+3.2% | $1.1B+8.1% | $972.0M |
| Interest Expense | N/A | $157.0M-1.3% | $159.0M | N/A | N/A | $98.0M+2.1% | $96.0M | N/A |
| Income Tax | $856.0M+403.5% | $170.0M+28.8% | $132.0M+20.0% | $110.0M+711.1% | -$18.0M-108.6% | $209.0M+20.8% | $173.0M+28.1% | $135.0M |
| Net Income | $849.0M-1.2% | $859.0M-2.8% | $884.0M+35.2% | $654.0M+19.8% | $546.0M-34.5% | $834.0M+1.1% | $825.0M+4.7% | $788.0M |
| EPS (Diluted) | $2.20-0.9% | $2.22-3.1% | $2.29+35.5% | $1.69+19.9% | $1.41-34.7% | $2.16+0.9% | $2.14+4.4% | $2.05 |
SYK Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $47.8B+1.7% | $47.1B+1.6% | $46.3B+0.7% | $46.0B+7.1% | $43.0B-2.0% | $43.8B+12.0% | $39.1B-0.7% | $39.4B |
| Current Assets | $14.8B+7.6% | $13.7B+5.4% | $13.0B-0.1% | $13.0B-12.3% | $14.8B+1.2% | $14.7B+26.0% | $11.6B-2.1% | $11.9B |
| Cash & Equivalents | $4.0B+23.2% | $3.3B+37.1% | $2.4B+2.4% | $2.3B-36.5% | $3.7B-5.1% | $3.9B+105.4% | $1.9B-19.6% | $2.3B |
| Inventory | $5.3B-1.1% | $5.4B+1.5% | $5.3B+3.6% | $5.1B+6.9% | $4.8B-9.8% | $5.3B+4.9% | $5.0B+0.4% | $5.0B |
| Accounts Receivable | $4.0B+10.9% | $3.6B-7.0% | $3.9B-1.1% | $4.0B-0.7% | $4.0B+6.7% | $3.7B+3.1% | $3.6B+4.3% | $3.5B |
| Goodwill | $19.3B+0.2% | $19.3B+0.4% | $19.2B+0.5% | $19.1B+20.4% | $15.9B-3.3% | $16.4B+6.4% | $15.4B+0.4% | $15.4B |
| Total Liabilities | $25.4B+0.6% | $25.3B+0.5% | $25.1B+0.3% | $25.1B+12.3% | $22.3B-5.7% | $23.7B+22.3% | $19.4B-4.3% | $20.2B |
| Current Liabilities | $7.8B+5.1% | $7.4B+1.7% | $7.3B-8.1% | $7.9B+4.1% | $7.6B-0.7% | $7.7B+10.7% | $6.9B-0.4% | $7.0B |
| Long-Term Debt | $14.9B+0.1% | $14.8B+0.1% | $14.8B+3.1% | $14.4B+18.0% | $12.2B-8.5% | $13.3B+31.6% | $10.1B-6.3% | $10.8B |
| Total Equity | $22.4B+2.9% | $21.8B+2.8% | $21.2B+1.2% | $20.9B+1.4% | $20.6B+2.4% | $20.1B+2.0% | $19.8B+3.1% | $19.2B |
| Retained Earnings | $20.5B+2.6% | $20.0B+2.8% | $19.4B+3.0% | $18.9B+1.8% | $18.5B+1.2% | $18.3B+3.0% | $17.8B+3.0% | $17.3B |
SYK Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.1B+39.2% | $1.5B+38.6% | $1.1B+344.4% | $250.0M-87.1% | $1.9B+31.0% | $1.5B+132.9% | $633.0M+210.3% | $204.0M |
| Capital Expenditures | $268.0M+43.3% | $187.0M+2.2% | $183.0M+48.8% | $123.0M-53.8% | $266.0M+56.5% | $170.0M+11.8% | $152.0M-9.0% | $167.0M |
| Free Cash Flow | $1.9B+38.6% | $1.4B+45.8% | $928.0M+630.7% | $127.0M-92.4% | $1.7B+27.7% | $1.3B+171.1% | $481.0M+1200.0% | $37.0M |
| Investing Cash Flow | -$305.0M+5.0% | -$321.0M-208.7% | -$104.0M+97.5% | -$4.1B-1265.0% | -$303.0M+86.0% | -$2.2B-1756.4% | -$117.0M+71.3% | -$408.0M |
| Financing Cash Flow | -$1.1B-222.4% | -$339.0M+65.7% | -$989.0M-139.0% | $2.5B+241.2% | -$1.8B-167.6% | $2.7B+374.6% | -$966.0M-131.1% | -$418.0M |
| Dividends Paid | $321.0M-0.3% | $322.0M+0.3% | $321.0M+0.3% | $320.0M+4.9% | $305.0M0.0% | $305.0M0.0% | $305.0M+0.3% | $304.0M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SYK Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.5%+0.9pp | 63.6%-0.2pp | 63.8%-0.0pp | 63.8%-1.0pp | 64.8%+0.8pp | 64.0%+1.0pp | 63.0%-0.6pp | 63.6% |
| Operating Margin | 25.2%+6.4pp | 18.7%+0.3pp | 18.5%+4.2pp | 14.3%+5.2pp | 9.0%-10.7pp | 19.8%+0.4pp | 19.4%+0.8pp | 18.5% |
| Net Margin | 11.8%-2.3pp | 14.2%-0.5pp | 14.7%+3.5pp | 11.2%+2.7pp | 8.5%-6.7pp | 15.2%-0.0pp | 15.2%+0.2pp | 15.0% |
| Return on Equity | 3.8%-0.1pp | 3.9%-0.2pp | 4.2%+1.1pp | 3.1%+0.5pp | 2.6%-1.5pp | 4.1%-0.0pp | 4.2%+0.1pp | 4.1% |
| Return on Assets | 1.8%-0.1pp | 1.8%-0.1pp | 1.9%+0.5pp | 1.4%+0.2pp | 1.3%-0.6pp | 1.9%-0.2pp | 2.1%+0.1pp | 2.0% |
| Current Ratio | 1.89+0.0 | 1.85+0.1 | 1.78+0.1 | 1.64-0.3 | 1.95+0.0 | 1.91+0.2 | 1.68-0.0 | 1.71 |
| Debt-to-Equity | 0.66-0.0 | 0.68-0.0 | 0.70+0.0 | 0.69+0.1 | 0.59-0.1 | 0.66+0.1 | 0.51-0.1 | 0.56 |
| FCF Margin | 26.2%+3.8pp | 22.3%+6.9pp | 15.4%+13.2pp | 2.2%-23.7pp | 25.9%+2.1pp | 23.7%+14.9pp | 8.9%+8.2pp | 0.7% |
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Frequently Asked Questions
What is Stryker Corp's annual revenue?
Stryker Corp (SYK) reported $25K in total revenue for fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Stryker Corp's revenue growing?
Stryker Corp (SYK) revenue declined by 100% year-over-year, from $22.6B to $25K in fiscal year 2025.
Is Stryker Corp profitable?
Yes, Stryker Corp (SYK) reported a net income of $3K in fiscal year 2025, with a net profit margin of 12.9%.
What is Stryker Corp's earnings per share (EPS)?
Stryker Corp (SYK) reported diluted earnings per share of $8.40 for fiscal year 2025. This represents a 8.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Stryker Corp's EBITDA?
Stryker Corp (SYK) had EBITDA of $5K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Stryker Corp have?
As of fiscal year 2025, Stryker Corp (SYK) had $4K in cash and equivalents against $15K in long-term debt.
What is Stryker Corp's gross margin?
Stryker Corp (SYK) had a gross margin of 64.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Stryker Corp's operating margin?
Stryker Corp (SYK) had an operating margin of 19.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Stryker Corp's net profit margin?
Stryker Corp (SYK) had a net profit margin of 12.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Stryker Corp pay dividends?
Yes, Stryker Corp (SYK) paid $0.84 per share in dividends during fiscal year 2025.
What is Stryker Corp's return on equity (ROE)?
Stryker Corp (SYK) has a return on equity of 14.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Stryker Corp's free cash flow?
Stryker Corp (SYK) generated $4K in free cash flow during fiscal year 2025. This represents a -100.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Stryker Corp's operating cash flow?
Stryker Corp (SYK) generated $5K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Stryker Corp's total assets?
Stryker Corp (SYK) had $48K in total assets as of fiscal year 2025, including both current and long-term assets.
What are Stryker Corp's capital expenditures?
Stryker Corp (SYK) invested $761 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Stryker Corp spend on research and development?
Stryker Corp (SYK) invested $2K in research and development during fiscal year 2025.
How many shares does Stryker Corp have outstanding?
Stryker Corp (SYK) had 383M shares outstanding as of fiscal year 2025.
What is Stryker Corp's current ratio?
Stryker Corp (SYK) had a current ratio of 1.89 as of fiscal year 2025, which is generally considered healthy.
What is Stryker Corp's debt-to-equity ratio?
Stryker Corp (SYK) had a debt-to-equity ratio of 0.66 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Stryker Corp's return on assets (ROA)?
Stryker Corp (SYK) had a return on assets of 6.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Stryker Corp's Altman Z-Score?
Stryker Corp (SYK) has an Altman Z-Score of 3305929.64, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Stryker Corp's Piotroski F-Score?
Stryker Corp (SYK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Stryker Corp's earnings high quality?
Stryker Corp (SYK) has an earnings quality ratio of 1.55x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Stryker Corp cover its interest payments?
Stryker Corp (SYK) has an interest coverage ratio of 8.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Stryker Corp?
Stryker Corp (SYK) scores 64 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.