Stryker Corporation (SYK)

Stryker Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	23,818	22,595	20,498	18,449	17,108	14,351
Revenue Growth (YoY)	11.36%	10.23%	11.11%	7.84%	19.21%	-3.58%
Cost of Revenue	8,348	8,050	7,401	6,803	5,846	5,193
Gross Profit	15,470	14,545	13,097	11,646	11,262	9,158
Selling, General & Admin	7,974	7,503	6,961	6,099	5,752	4,768
Research & Development	1,539	1,463	1,387	1,367	1,235	984
Operating Expenses	10,182	9,589	8,983	8,093	7,606	6,224
Operating Income	5,288	4,956	4,114	3,553	3,656	2,934
Interest Expense	-396	-396	-356	-337	-337	-315
Interest & Investment Income	139	139	75	25	15	102
Currency Exchange Gain (Loss)	96	75	59	69	43	15
Other Non Operating Income (Expenses)	-92	-12	7	88	-11	-64
EBT Excluding Unusual Items	5,035	4,762	3,899	3,398	3,366	2,672
Merger & Restructuring Charges	-563	-240	-201	-626	-982	-701
Impairment of Goodwill	-456	-456	-	-216	-	-
Asset Writedown	-542	-466	-26	-8	-	-
Other Unusual Items	-123	-108	1	135	-103	-17
Pretax Income	3,351	3,492	3,673	2,683	2,281	1,954
Income Tax Expense	433	499	508	325	287	355
Net Income	2,918	2,993	3,165	2,358	1,994	1,599
Net Income to Common	2,918	2,993	3,165	2,358	1,994	1,599
Net Income Growth	-15.37%	-5.43%	34.22%	18.25%	24.70%	-23.24%
Shares Outstanding (Basic)	382	381	380	378	377	376
Shares Outstanding (Diluted)	386	386	384	382	382	380
Shares Change (YoY)	0.44%	0.50%	0.39%	-0.03%	0.53%	0.10%
EPS (Basic)	7.65	7.86	8.34	6.23	5.29	4.26
EPS (Diluted)	7.55	7.76	8.25	6.17	5.21	4.20
EPS Growth	-15.81%	-5.94%	33.71%	18.43%	24.05%	-23.36%
Free Cash Flow	4,024	3,487	3,136	2,036	2,738	2,790
Free Cash Flow Per Share	10.42	9.04	8.17	5.33	7.16	7.34
Dividend Per Share	3.320	3.240	3.050	2.835	2.585	2.355
Dividend Growth	5.40%	6.23%	7.58%	9.67%	9.77%	10.30%
Gross Margin	64.95%	64.37%	63.89%	63.13%	65.83%	63.81%
Operating Margin	22.20%	21.93%	20.07%	19.26%	21.37%	20.45%
Profit Margin	12.25%	13.25%	15.44%	12.78%	11.65%	11.14%
Free Cash Flow Margin	16.89%	15.43%	15.30%	11.04%	16.00%	19.44%
EBITDA	6,388	6,006	5,142	4,551	4,646	3,746
EBITDA Margin	26.82%	26.58%	25.09%	24.67%	27.16%	26.10%
D&A For EBITDA	1,100	1,050	1,028	998	990	812
EBIT	5,288	4,956	4,114	3,553	3,656	2,934
EBIT Margin	22.20%	21.93%	20.07%	19.26%	21.37%	20.45%
Effective Tax Rate	12.92%	14.29%	13.83%	12.11%	12.58%	18.17%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q