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Stryker Stock Price, News & Analysis

SYK NYSE

Company Description

Stryker Corporation (NYSE: SYK) is described in its public communications as a global leader in medical technologies. The company states that, together with its customers, it is driven to make healthcare better by offering products and services in MedSurg, Neurotechnology and Orthopaedics that are intended to help improve patient and healthcare outcomes. Stryker’s disclosures note that, alongside customers around the world, its technologies impact more than 150 million patients annually.

Stryker is incorporated in Michigan and lists its common stock on the New York Stock Exchange under the ticker symbol SYK, as indicated in its SEC filings. In addition to common stock, Stryker has several series of senior unsecured notes registered for trading on the NYSE. The company’s SEC filings also identify it as operating in the manufacturing sector, with a focus on surgical and medical instrument manufacturing.

According to third-party business descriptions and company communications, Stryker designs, manufactures and markets a range of medical equipment, instruments, consumable supplies and implantable devices. Its portfolio includes hip and knee replacements, extremities implants, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and orthopedic robotics. These offerings align with the company’s emphasis on MedSurg, Neurotechnology and Orthopaedics, and support its role in surgical care, trauma care and joint reconstruction.

Business focus and product areas

Stryker’s activities span multiple categories of medical technology. In orthopaedics, public descriptions highlight hip and knee replacements and extremities implants, reflecting the company’s participation in reconstructive orthopedic procedures. In MedSurg and Neurotechnology, Stryker provides endoscopy systems, operating room equipment, embolic coils and hospital infrastructure products such as beds and gurneys. Orthopedic robotics is another noted area, supporting surgeons in joint replacement and related procedures.

External analyses referenced in the input data characterize Stryker as one of the three largest competitors in reconstructive orthopedic implants and note that it holds a leadership position in operating room equipment. Available descriptions also indicate that a meaningful portion of Stryker’s revenue is generated outside the United States, underscoring its global footprint in medical technology markets.

Segments: MedSurg, Neurotechnology and Orthopaedics

Across its MedSurg and Neurotechnology activities, Stryker’s reported net sales include products such as endoscopy systems, operating room equipment, embolic coils and other technologies used in surgical and interventional settings. In Orthopaedics, the company reports sales related to joint replacement and trauma products, including hip and knee replacements and extremities solutions. Company press releases and earnings materials group performance into these broad segments, reflecting how Stryker organizes its operations and communicates results.

Recent communications also reference Stryker’s trauma portfolio, including nailing and plating platforms such as the Pangea platform and T2 Alpha system, which are designed to support management of complex fractures. The company has highlighted upcoming expansions to these platforms at professional meetings, emphasizing design goals such as simplifying instrumentation, enhancing stability and providing flexibility for surgeons treating challenging trauma cases.

Innovation in orthopaedics and trauma

Stryker’s orthopaedic activities include work in joint replacement and trauma care. Public materials describe the development of systems like the Incompass Total Ankle System, an FDA-cleared solution intended for patients with end-stage ankle arthritis. According to company communications, Incompass introduces an implant with an enhanced instrument platform, was developed using insights from surgeons and engineers, and draws on experience with legacy systems such as Infinity and Inbone. The system is described as offering intraoperative flexibility and including 3D-printed porous metal tibial and talar components designed to promote early bony ingrowth.

In trauma, Stryker has emphasized its long history of collaborating with surgeons to design products and advance its offerings in nailing and plating. The Pangea platform and T2 Alpha system are described as being designed to simplify instrumentation, enhance stability and provide flexibility in managing complex fractures, including complex femur fractures requiring dual constructs. These communications illustrate how Stryker positions its trauma portfolio within orthopaedic care.

Corporate developments and portfolio shaping

Company disclosures and news also show that Stryker actively manages its portfolio. For example, Stryker’s third quarter 2025 earnings release references the impact of a divested spinal implant business on Orthopaedics growth metrics. Separate news coverage notes that VB Spine LLC was formed through the acquisition of Stryker’s U.S. spine implant business and later completed the acquisition of Stryker’s spine implant manufacturing facility in Cestas, France. These developments indicate that Stryker has transferred certain spine implant manufacturing operations and assets to VB Spine while continuing to operate broader MedSurg, Neurotechnology and Orthopaedics businesses.

Financial reporting and capital structure

Stryker regularly reports its operating results and financial condition through quarterly earnings releases and SEC filings. For example, in its third quarter 2025 results, the company reported consolidated net sales, operating income, net earnings and segment-level sales for MedSurg and Neurotechnology and Orthopaedics. The company also provides non-GAAP measures such as adjusted gross profit margin, adjusted operating income margin and adjusted net earnings per diluted share, together with reconciliations to the most directly comparable GAAP measures.

SEC filings identify Stryker’s registered securities, including its common stock and multiple series of senior unsecured notes with various maturities. These notes trade on the New York Stock Exchange under distinct symbols corresponding to their maturities. The filings also outline Stryker’s state of incorporation and confirm its status as a reporting company under U.S. securities laws.

Leadership and governance updates

Stryker discloses key leadership changes through Form 8-K filings and press releases. In an 8-K dated December 4, 2025, the company announced that Spencer Stiles, then Group President, Orthopaedics, was appointed President and Chief Operating Officer effective January 1, 2026. The same filing noted that Dylan Crotty, then President, Instruments, would succeed Mr. Stiles as Group President, Orthopaedics on that date. The filing included biographical details for both executives and summarized letter agreements outlining their compensation in the new roles.

These leadership updates illustrate Stryker’s approach to succession within its senior management team and highlight the importance of its MedSurg, Neurotechnology and Orthopaedics businesses, which are central to the roles described.

Investor communications and events

Stryker maintains an active investor relations program, as reflected in announcements of upcoming earnings releases, webcasts and investor events. The company has announced dates for quarterly financial results, including webcasts to discuss performance, and has scheduled events such as an Investor Day and participation in healthcare conferences. These communications provide forums for management to discuss operating results, strategic priorities and financial outlook with investors and analysts.

Global reach and impact

In its public statements, Stryker emphasizes that it works with customers around the world and that its products and services impact more than 150 million patients annually. Third-party descriptions also note that a substantial portion of Stryker’s revenue is generated outside the United States. Together, these points underscore the company’s global presence in medical technologies and its role in supporting healthcare systems in multiple regions.

Summary

Overall, Stryker Corporation is presented in its own communications and external descriptions as a global medical technology company focused on MedSurg, Neurotechnology and Orthopaedics. Its activities include designing, manufacturing and marketing medical equipment, instruments, consumable supplies and implantable devices, with particular strength in reconstructive orthopedic implants, trauma systems, operating room equipment and related technologies. Through regular SEC reporting, earnings releases, product announcements and leadership disclosures, Stryker provides investors and healthcare stakeholders with information about its operations, portfolio and governance.

Stock Performance

$339.76
-1.75%
6.05
Last updated: March 19, 2026 at 16:00
-10.13%
Performance 1 year
$133.8B

Stryker (SYK) stock last traded at $345.81, down 1.75% from the previous close. Over the past 12 months, the stock has lost 10.1%, ranking #1,389 in 52-week price change. At a market capitalization of $133.8B, SYK is classified as a large-cap stock with approximately 382.7M shares outstanding.

Latest News

Stryker has 10 recent news articles, with the latest published 2 days ago. Of the recent coverage, 5 articles coincided with positive price movement and 5 with negative movement. Key topics include management, dividends, earnings, acquisition, earnings date. View all SYK news →

SEC Filings

Stryker has filed 5 recent SEC filings, including 3 Form 4, 2 Form 8-K. The most recent filing was submitted on March 12, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SYK SEC filings →

Insider Radar

Net Sellers
90-Day Summary
0
Shares Bought
500,475
Shares Sold
19
Transactions
Most Recent Transaction
STRYKER RONDA E (Director) sold 23,151 shares @ $366.35 on Feb 5, 2026

Insider selling at Stryker over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.

Based on SEC Form 4 filings over the last 90 days.

Financial Highlights

$25.1B
Revenue (TTM)
$3.2B
Net Income (TTM)
$5.0B
Operating Cash Flow

Stryker generated $25.1B in revenue over the trailing twelve months, retaining a 64.0% gross margin, operating income reached $4.9B (19.5% operating margin), and net income was $3.2B, reflecting a 12.9% net profit margin. Diluted earnings per share stood at $8.40. The company generated $5.0B in operating cash flow. With a current ratio of 1.89, the balance sheet reflects a strong liquidity position.

Upcoming Events

MAR
31
March 31, 2026 Financial

Dividend record date

Shareholders of record at close on Mar 31, 2026 eligible for dividend
APR
30
April 30, 2026 Financial

Quarterly cash dividend payable

Stryker to pay $0.88 per share to record holders; payable Apr 30, 2026

Stryker has 2 upcoming scheduled events. The next event, "Dividend record date", is scheduled for March 31, 2026 (in 11 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the SYK stock price.

Short Interest History

Last 12 Months

Short interest in Stryker (SYK) currently stands at 4.1 million shares, down 12.3% from the previous reporting period, representing 1.1% of the float. Over the past 12 months, short interest has decreased by 28.1%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Stryker (SYK) currently stands at 2.0 days, down 16.6% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has decreased 47.5% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 2.0 to 5.8 days.

SYK Company Profile & Sector Positioning

Stryker (SYK) operates in the Medical Devices industry within the broader Surgical & Medical Instruments & Apparatus sector and is listed on the NYSE. Among dividend-paying stocks, SYK ranks #1,289 by dividend yield. In monthly performance, the stock ranks #1,581 among all tracked companies.

Investors comparing SYK often look at related companies in the same sector, including Boston Scien Cp (BSX), Medtronic (MDT), Edwards Lifesciences Corp (EW), Zimmer Biomet (ZBH), and Abbott Labs (ABT). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SYK's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Stryker (SYK)?

The current stock price of Stryker (SYK) is $345.81 as of March 18, 2026.

What is the market cap of Stryker (SYK)?

The market cap of Stryker (SYK) is approximately 133.8B. Learn more about what market capitalization means .

What is the revenue (TTM) of Stryker (SYK) stock?

The trailing twelve months (TTM) revenue of Stryker (SYK) is $25.1B.

What is the net income of Stryker (SYK)?

The trailing twelve months (TTM) net income of Stryker (SYK) is $3.2B.

What is the earnings per share (EPS) of Stryker (SYK)?

The diluted earnings per share (EPS) of Stryker (SYK) is $8.40 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Stryker (SYK)?

The operating cash flow of Stryker (SYK) is $5.0B. Learn about cash flow.

What is the profit margin of Stryker (SYK)?

The net profit margin of Stryker (SYK) is 12.9%. Learn about profit margins.

What is the operating margin of Stryker (SYK)?

The operating profit margin of Stryker (SYK) is 19.5%. Learn about operating margins.

What is the gross margin of Stryker (SYK)?

The gross profit margin of Stryker (SYK) is 64.0%. Learn about gross margins.

What is the current ratio of Stryker (SYK)?

The current ratio of Stryker (SYK) is 1.89, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Stryker (SYK)?

The gross profit of Stryker (SYK) is $16.1B on a trailing twelve months (TTM) basis.

What is the operating income of Stryker (SYK)?

The operating income of Stryker (SYK) is $4.9B. Learn about operating income.

What does Stryker Corporation do?

Stryker Corporation describes itself as a global leader in medical technologies. The company offers products and services in MedSurg, Neurotechnology and Orthopaedics that are intended to help improve patient and healthcare outcomes, including medical equipment, instruments, consumable supplies and implantable devices.

In which main business areas does Stryker operate?

Stryker highlights three primary areas: MedSurg, Neurotechnology and Orthopaedics. Across these areas it provides technologies such as endoscopy systems, operating room equipment, embolic coils, hip and knee replacements, extremities implants and orthopedic robotics.

On which exchange is Stryker stock listed and what is its ticker symbol?

According to its SEC filings, Stryker Corporation’s common stock is listed on the New York Stock Exchange under the ticker symbol SYK.

What types of products are included in Stryker’s orthopaedics portfolio?

Public descriptions indicate that Stryker’s orthopaedics portfolio includes hip and knee replacements, extremities implants, trauma systems such as nailing and plating platforms, and solutions like the Incompass Total Ankle System for patients with end-stage ankle arthritis.

How does Stryker describe its impact on patients and healthcare systems?

Stryker states that, together with its customers around the world, it is driven to make healthcare better. The company reports that its products and services impact more than 150 million patients annually by helping improve patient and healthcare outcomes.

What is known about Stryker’s position in reconstructive orthopedic implants and operating room equipment?

Third-party business descriptions referenced in the input data characterize Stryker as one of the three largest competitors in reconstructive orthopedic implants and note that it holds a leadership position in operating room equipment.

Does Stryker operate internationally?

Yes. Stryker’s own statements emphasize working with customers around the world, and external descriptions note that a significant portion of its revenue is generated outside the United States, indicating a global presence in medical technology markets.

What recent leadership changes has Stryker disclosed?

In a Form 8-K dated December 4, 2025, Stryker announced that Spencer Stiles, then Group President, Orthopaedics, was appointed President and Chief Operating Officer effective January 1, 2026, and that Dylan Crotty, then President, Instruments, would become Group President, Orthopaedics on the same date.

How does Stryker communicate its financial performance?

Stryker reports its financial performance through quarterly earnings releases and SEC filings. For example, it issues press releases describing net sales, operating income, net earnings and segment performance, and files Form 8-K reports that furnish these releases as exhibits.

Has Stryker made changes to its spine implant business?

Yes. Earnings materials reference the impact of a divested spinal implant business on Orthopaedics growth, and separate news coverage notes that VB Spine LLC was formed through the acquisition of Stryker’s U.S. spine implant business and later acquired Stryker’s spine implant manufacturing facility in Cestas, France.