Stryker Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Net Income	3,337	3,246	2,993	3,165	2,358	1,994
Depreciation & Amortization	1,221	1,193	1,050	1,028	998	990
Stock-Based Compensation	246	243	229	205	168	171
Other Adjustments	612	265	347	-304	340	396
Change in Receivables	427	127	-321	-175	-579	-377
Changes in Inventories	-331	-297	-206	-797	-762	-189
Changes in Accounts Payable	205	94	192	77	290	329
Changes in Accrued Expenses	168	318	74	516	156	315
Changes in Income Taxes Payable	-152	-145	-116	-4	-238	-98
Changes in Other Operating Activities	-94	-	-	-	-107	-268
Operating Cash Flow	5,375	5,044	4,242	3,711	2,624	3,263
Operating Cash Flow Growth	25.35%	18.91%	14.31%	41.42%	-19.58%	-0.43%
Capital Expenditures	-804	-761	-755	-575	-588	-525
Purchases of Investments	-26	-	-	-	-52	-49
Proceeds from Sale of Investments	30	750	-750	-	43	55
Payments for Business Acquisitions	-233	-4,960	-1,628	-390	-2,563	-339
Proceeds from Business Divestments	-	165	-	-	-	-
Other Investing Activities	-39	-60	133	3	236	-1
Investing Cash Flow	-915	-4,866	-3,000	-962	-2,924	-859
Short-Term Debt Issued	-2	-	-32	540	-375	-7
Net Short-Term Debt Issued (Repaid)	-2	-	-32	540	-375	-7
Long-Term Debt Issued	-	2,979	3,011	1,241	1,500	5
Long-Term Debt Repaid	-2,400	-1,400	-2,039	-2,058	-653	-1,151
Net Long-Term Debt Issued (Repaid)	-2,400	1,579	972	-817	847	-1,146
Repurchase of Common Stock	-187	-149	-195	-155	-122	-114
Net Common Stock Issued (Repurchased)	-187	-149	-195	-155	-122	-114
Common Dividends Paid	-1,301	-1,284	-1,219	-1,139	-1,051	-950
Other Financing Activities	-43	-33	-51	-23	-48	-148
Financing Cash Flow	-3,931	113	-525	-1,594	-749	-2,365
Effect of Exchange Rate Changes on Cash and Cash Equivalents	29	68	-36	-28	-51	-38
Net Cash Flow	558	359	681	1,127	-1,100	1
Free Cash Flow	4,571	4,283	3,487	3,136	2,036	2,738
Free Cash Flow Growth	6.72%	22.83%	11.19%	54.03%	-25.64%	-1.86%
FCF Margin	18.09%	17.05%	15.43%	15.30%	11.04%	16.00%
Free Cash Flow Per Share	11.83	11.08	9.04	8.17	5.33	7.16
Levered Free Cash Flow	1,148	5,227	4,172	3,133	2,579	1,395
Unlevered Free Cash Flow	3,831	3,918	3,401	3,595	2,246	2,813

SEC Filings: 10-K · 10-Q