SYK

Stryker
D

SYK

Arincen80/100B

If you had invested in Stryker ago, it would be worth $3,161 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

80/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Stryker key facts

Style
Blend stock · 5.3/10Growth 5.3 · Value 4.9 · Dividend 4.2
Day range
310.49 – 315.52
52-week range
267.00 – 389.33
Market capitalization
119.40B USD
P/E
33.19
PEG ratio
1.59
EPS
9.45
Div Yield
1.12%
EPS growth forecast (FY2026)
+8.8%
Volume
32,928
Beta
0.78
ESG score
64.1/100Environment 69 · Social 59 · Governance 65
Sector
Healthcare
Industry
Medical - Devices
CEO
Kevin A. Lobo
Employees
56K
IPO date
17 Mar 1980

Stryker earnings

Next earnings · Q4 FY2026
EPS estimate
5.03 USD
Revenue estimate
7.70B USD
Last quarter · Q3 FY2026
EPS3.52Missed -0.8%Revenue6.52BMissed -1.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20284.32———7.52B———
Q2 FY20284.36———7.56B———
Q1 FY20283.70———6.96B———
Q4 FY20265.03——+12.53%7.70B——+7.34%
Q3 FY20263.553.52-0.85%+10.34%6.62B6.52B-1.47%+7.64%
Q2 FY20263.493.69+5.73%+17.89%6.58B6.59B+0.15%+9.42%
Q1 FY20262.982.60-12.75%-8.45%6.34B6.02B-5.00%+2.63%
Q4 FY20254.404.47+1.59%+11.47%7.12B7.17B+0.65%+11.42%
Q3 FY20253.133.19+1.92%+11.15%6.04B6.06B+0.21%+10.25%
Q2 FY20253.073.13+1.95%+11.39%5.94B6.02B+1.45%+11.07%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Stryker analyst forecast

12-month price target
354.47 USD
+13.02%

Analysts' 1-year price targets range from 309.00 to 407.00, with an average of 354.47.

Past year
1-year forecast
Strong sellStrong buy
Buy
20 ratings
Buy
14
Hold
6
Sell
0

12-month price target

Highest target407.00
Average target354.47
Lowest target309.00
Current price313.64

Stryker valuation

Price to earnings ratio (TTM)
33.19
Forward P/E (FY2026)
21.14
Price to sales (TTM)
4.54
Price to book
5.09
EV / EBITDA (TTM)
19.87

Capital structure

Market capitalization
119.40B USD
+
Total debt
15.43B USD
−
Cash and short-term investments
3.27B USD
=
Enterprise value
131.56B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)17.33————
FY2027 (est.)19.2317.33———
FY2026 (est.)21.1419.23———
Now (TTM)33.1919.474.545.0919.87
FY202541.4023.695.355.9923.23
FY202445.8126.556.076.6524.58
FY202335.9124.875.556.1124.56
FY202239.2423.505.015.5625.92
FY202150.5529.145.896.7830.70

Stryker against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Abbott Laboratories, Boston Scientific, Edwards Lifesciences, GE HealthCare Technologies, DexCom, and Zimmer Biomet Holdings, the US Medical - Devices companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median33.2
    31.655.0
  • Gross marginAbove its median64.0%
    59.8%64.4%
    Against its peers: 3 of 7Peers' median 60.9%
  • Operating marginBelow its median19.5%
    16.3%22.0%
    Against its peers: 4 of 7Peers' median 18.9%
  • Net marginAt its median12.9%
    11.7%15.4%
    Against its peers: 5 of 7Peers' median 14.5%
  • Return on equityAt its median14.5%
    13.4%17.0%
    Against its peers: 3 of 7Peers' median 12.2%
  • Free cash flow marginHighest in 5 years17.1%
    11.0%17.1%
    Against its peers: 5 of 7Peers' median 18.1%
  • Revenue growthAbove its median11.2%
    7.8%19.2%
    Against its peers: 4 of 7Peers' median 9.4%
  • EPS growthBelow its median8.2%
    -5.9%33.7%
    Against its peers: 3 of 7Peers' median -7.5%
  • Debt to EBITDABelow its median2.59×
    2.35×3.58×
    Against its peers: 5 of 7Peers' median 1.85×
  • Current ratioAt its median1.89
    1.582.20
    Against its peers: 3 of 7Peers' median 1.75

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Stryker growth and profitability

Revenue (TTM)
26.30B USD
Net income (TTM)
3.62B USD
Gross margin
65.52%
Operating margin
21.25%
Net margin
13.78%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202525.12B+11.16%3.25B+8.45%63.96%19.47%12.92%6.31B+5.13%
FY202422.60B+10.23%2.99B-5.43%64.37%16.33%13.25%6.01B+18.77%
FY202320.50B+11.11%3.17B+34.22%60.95%20.88%15.44%5.06B+25.86%
FY202218.45B+7.84%2.36B+18.25%59.84%20.24%12.78%4.02B+11.36%
FY202117.11B+19.21%1.99B+24.70%62.60%22.00%11.66%3.61B+17.10%

Stryker revenue breakdown

By product

FY2025
MedSurg: 62.3%Orthopaedics: 37.7%62.3%MedSurg37.7%Orthopaedics
SegmentRevenueShare of revenueChange on the year
MedSurg15.65B62.3%+15.7%
Orthopaedics9.47B37.7%+4.3%

By region

FY2025
EMEA: 52.1%Asia Pacific: 35.4%Other foreign countries: 12.5%52.1%EMEA35.4%Asia Pacific12.5%Other foreign countries
RegionRevenueShare of revenueChange on the year
EMEA3.18B52.1%+9.8%
Asia Pacific2.16B35.4%+7.1%
Other foreign countries765.00M12.5%+4.1%

How Stryker makes its money

MedSurg15.65B 62.3%
Orthopaedics9.47B 37.7%
Revenue25.12B 100.0%
Cost of revenue9.05B 36.0%
Gross profit16.07B 64.0%
Research and development1.58B 6.3%
Selling and administration8.65B 34.4%
Other operating expenses943.00M 3.8%
Operating income4.89B 19.5%
Tax1.27B 5.0%
Other expense375.00M 1.5%
Net income3.25B 12.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Stryker dividends

Annual dividend
3.52 USD
Dividend yield (indicated)
1.12%
Payout ratio
37.25%
Years of dividend growth
27
Frequency
Quarterly
Last payment
0.88 USD
Last ex-dividend date
30 Sept 2026
Last payment date
30 Oct 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share3.363.203.002.782.522.302.081.881.701.52

Stryker financial health

Cash and short-term investments
3.27B USD
Total debt
15.43B USD
Net cash
-12.16B USD
Free cash flow (TTM)
4.57B USD
Current ratio
2.18
Debt to equity
0.66
Piotroski score
9 / 9
Altman Z-score
4.76

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20254.10B16.36B4.28B
FY20244.49B14.12B3.49B
FY20233.05B13.49B3.14B
FY20221.93B13.53B2.04B
FY20213.02B12.90B2.74B

Stryker ownership

Institutions
80.95%
Institutional holders
2,341 (-32)
Free float
90.84%

Who owns the shares

Institutions 80.9% Others 19.1%
As of 30 Jun 2026

Shares free to trade

Free float 345.81M shares ·90.8% Closely held 34.88M shares ·9.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 20260220.00354.90K
Q2 202601430.13K362.82K
Q1 2026019473.43K1.65M
Q4 20250165.14K530.70K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025382.20M382.20M-0.88%
FY2024381.00M385.60M+0.50%
FY2023379.60M383.70M+0.39%
FY2022378.20M382.20M-0.03%
FY2021377.00M382.30M+0.53%

Source: Financial Modeling Prep

Related Instruments

Title: Stryker Corp

Sector: Healthcare
Industry: Medical - Devices
Stryker Corporation is an American multinational company that engages in the design, development and manufacture of medical technology products and services. Its operations are divided into the following business units: Orthopedics, MedSurg, and Neurotechnology and Spine. The Orthopaedics business unit designs and develops reconstructive and trauma implants, while the MedSurg division builds hospital beds and associated peripherals, among other products. Neurotechnology and Spine builds surgical equipment and surgical navigation systems, as well as endoscopic and communications systems for critical patient handling. Its products are sold in over 75 countries through official Stryker subsidiaries and branches, as well as third-party dealers and distributors. The company was founded by Homer H. Stryker in 1941 and is headquartered in Kalamazoo, Michigan.

Common questions about Stryker stock