Companies / Health Care
SYK
Stryker Corporation
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health72
Growth62
Profitability66
Cash generation84
Balance sheet73
Dilution control76
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)7.6%Revenue growth (FY)11.2%Revenue CAGR (3y)10.8%Gross margin64.0%Operating margin19.5%Net margin12.9%Free cash flow margin17.1%R&D / revenue6.5%Stock comp / revenue1.0%Net debt / operating cash flow2.35xCurrent ratio1.89Diluted share count change0.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $17.1B | $18.4B | $20.5B | $22.6B | $25.1B |
| Gross profit | $11.0B | $11.6B | $13.1B | $14.4B | $16.1B |
| Operating income | $2.6B | $2.8B | $3.9B | $3.7B | $4.9B |
| Net income | $2.0B | $2.4B | $3.2B | $3.0B | $3.2B |
| Operating cash flow | $3.3B | $2.6B | $3.7B | $4.2B | $5.0B |
| Capital expenditure | $525M | $588M | $575M | $755M | $761M |
| Free cash flow | $2.7B | $2.0B | $3.1B | $3.5B | $4.3B |
| R&D | $1.2B | $1.5B | $1.4B | $1.5B | $1.6B |
| Stock-based comp | $171M | $168M | $205M | $229M | $243M |
| Buybacks | $0 | — | — | — | — |
| Dividends | $950M | $1.1B | $1.1B | $1.2B | $1.3B |
| Cash | $2.9B | $1.8B | $3.0B | $3.7B | $4.0B |
| Total debt | $12.5B | $13.0B | $13.0B | $13.6B | $15.9B |
| Equity | $14.9B | $16.6B | $18.6B | $20.6B | $22.4B |
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