Stryker Corporation (SYK)

Stryker Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	20,963	20,498	18,449	17,108	14,351	14,884
Revenue Growth (YoY)	10.61%	11.11%	7.84%	19.21%	-3.58%	9.43%
Cost of Revenue	7,588	7,440	6,871	6,140	5,294	5,188
Gross Profit	13,375	13,058	11,578	10,968	9,057	9,696
Selling, General & Admin	7,188	7,129	6,455	6,427	5,361	5,356
Research & Development	1,417	1,388	1,454	1,235	984	971
Other Operating Expenses	645	653	828	722	489	656
Operating Expenses	9,250	9,170	8,737	8,384	6,834	6,983
Operating Income	4,125	3,888	2,841	2,584	2,223	2,713
Other Expense / Income	208	215	158	303	269	151
Pretax Income	3,917	3,673	2,683	2,281	1,954	2,562
Income Tax	556	508	325	287	355	479
Net Income	3,361	3,165	2,358	1,994	1,599	2,083
Net Income Growth	27.94%	34.22%	18.25%	24.70%	-23.24%	-41.37%
Shares Outstanding (Basic)	380	380	378	377	376	374
Shares Outstanding (Diluted)	385	384	382	382	380	380
Shares Change	0.50%	0.39%	-0.03%	0.53%	0.11%	-0.11%
EPS (Basic)	8.85	8.34	6.23	5.29	4.26	5.57
EPS (Diluted)	8.76	8.25	6.17	5.21	4.20	5.48
EPS Growth	27.51%	33.71%	18.43%	24.05%	-23.36%	-41.33%
Free Cash Flow	2,858	3,136	2,036	2,738	2,790	1,542
Free Cash Flow Per Share	7.51	8.26	5.38	7.26	7.43	4.12
Dividend Per Share	3.100	3.050	2.835	2.585	2.355	2.135
Dividend Growth	7.27%	7.58%	9.67%	9.77%	10.30%	10.62%
Gross Margin	63.80%	63.70%	62.76%	64.11%	63.11%	65.14%
Operating Margin	19.68%	18.97%	15.40%	15.10%	15.49%	18.23%
Profit Margin	16.03%	15.44%	12.78%	11.66%	11.14%	13.99%
Free Cash Flow Margin	13.63%	15.30%	11.04%	16.00%	19.44%	10.36%
Effective Tax Rate	14.19%	13.83%	12.11%	12.58%	18.17%	18.70%
EBITDA	4,321	4,066	3,054	2,652	2,294	2,876
EBITDA Margin	20.61%	19.84%	16.55%	15.50%	15.98%	19.32%
Depreciation & Amortization	404	393	371	371	340	314
EBIT	3,917	3,673	2,683	2,281	1,954	2,562
EBIT Margin	18.69%	17.92%	14.54%	13.33%	13.62%	17.21%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).