Stryker Corporation

SYK Healthcare Medical Devices

Stryker Corporation’s revenue for fiscal 2025 (year ended December 2025) was $25.1 billion, up 11.2% from fiscal 2024. In the quarter to June 2026, revenue grew 9.42%, EPS grew 43.1%, free cash flow grew 14.1% and total debt fell 9.88%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

294.66 1.43 +0.49%
Market cap
$112.5B
P/E
30.3×
Fwd P/E
24.1×
Dividend yield
1.19%
F-score
5/9
Altman Z
4.81
Beneish M
−2.62
Dividend safety
82/100

Stryker Corporation (SYK) Debt to equity

Alert me on Debt to equity

Stryker Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, down 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.5× (fiscal 2015) to 1.1× (fiscal 2020); the current reading is higher than 36% of that period. That is above the Medical Devices industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× 7.34%
FY2024 0.7× (5.71%)
FY2023 0.7× (11.00%)
FY2022 0.8× (6.38%)
FY2021 0.8× (21.56%)
FY2020 1.1× 23.49%
FY2019 0.9× 3.02%
FY2018 0.8× 16.16%
FY2017 0.7× (0.06%)
FY2016 0.7× 54.14%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (2.78%)
Mar 2026 0.6× (9.43%)
Dec 2025 0.7× (7.14%)
Sep 2025 0.8× (2.63%)
42 more quarters

Against its own ten years

Low 0.5× High 1.1×
Ten-year median 0.7×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
EW Edwards Lifesciences Corporation compare 0.1×
STE STERIS plc compare 0.3×
DXCM DexCom, Inc. compare 0.5×
BSX Boston Scientific Corporation compare 0.5×
PHG Koninklijke Philips N.V. compare 0.6×
MDT Medtronic PLC compare 0.6×
SYK Stryker Corporation 0.6×
ABT Abbott Laboratories compare 0.6×
GEHC GE HealthCare Technologies Inc. compare 1.0×
Medical Devices industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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