Stryker Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	25,116	22,595	20,498	18,449	17,108
Revenue Growth (YoY)	11.16%	10.23%	11.11%	7.84%	19.21%
Cost of Revenue	8,780	8,050	7,401	6,803	5,846
Gross Profit	16,336	14,545	13,097	11,646	11,262
Selling, General & Admin	8,242	7,503	6,961	6,099	5,752
Research & Development	1,604	1,463	1,387	1,367	1,235
Amortization of Goodwill & Intangibles	732	623	635	627	619
Operating Expenses	10,578	9,589	8,983	8,093	7,606
Operating Income	5,758	4,956	4,114	3,553	3,656
Interest Expense	-	-396	-356	-337	-337
Interest & Investment Income	-	139	75	25	15
Currency Exchange Gain (Loss)	-	75	59	69	43
Other Non Operating Income (Expenses)	-402	-12	7	88	-11
EBT Excluding Unusual Items	5,356	4,762	3,899	3,398	3,366
Merger & Restructuring Charges	-229	-101	-31	-331	-982
Impairment of Goodwill	-	-456	-	-216	-
Asset Writedown	-114	-466	-26	-8	-
Other Unusual Items	-499	-247	-169	-160	-103
Pretax Income	4,514	3,492	3,673	2,683	2,281
Income Tax Expense	1,268	499	508	325	287
Net Income	3,246	2,993	3,165	2,358	1,994
Net Income to Common	3,246	2,993	3,165	2,358	1,994
Net Income Growth	8.45%	-5.43%	34.22%	18.25%	24.70%
Shares Outstanding (Basic)	382	381	380	378	377
Shares Outstanding (Diluted)	387	386	384	382	382
Shares Change (YoY)	0.23%	0.50%	0.39%	-0.03%	0.53%
EPS (Basic)	8.49	7.86	8.34	6.23	5.29
EPS (Diluted)	8.40	7.76	8.25	6.17	5.21
EPS Growth	8.25%	-5.94%	33.71%	18.43%	24.05%
Free Cash Flow	4,283	3,487	3,136	2,036	2,738
Free Cash Flow Per Share	11.08	9.04	8.17	5.33	7.16
Dividend Per Share	3.400	3.240	3.050	2.835	2.585
Dividend Growth	4.94%	6.23%	7.58%	9.67%	9.77%
Gross Margin	65.04%	64.37%	63.89%	63.13%	65.83%
Operating Margin	22.93%	21.93%	20.07%	19.26%	21.37%
Profit Margin	12.92%	13.25%	15.44%	12.78%	11.65%
Free Cash Flow Margin	17.05%	15.43%	15.30%	11.04%	16.00%
EBITDA	6,951	6,006	5,142	4,551	4,646
EBITDA Margin	27.68%	26.58%	25.09%	24.67%	27.16%
D&A For EBITDA	1,193	1,050	1,028	998	990
EBIT	5,758	4,956	4,114	3,553	3,656
EBIT Margin	22.93%	21.93%	20.07%	19.26%	21.37%
Effective Tax Rate	28.09%	14.29%	13.83%	12.11%	12.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.