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.
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Stryker Corporation (SYK) EV/EBITDA
As of 16 October 2026, Stryker Corporation (SYK) trades at a EV/EBITDA of 18.4×. Over the past ten years it has ranged from 14.6× (January 2016) to 37.9× (April 2021); the current reading is higher than 14% of that period. That is above the Medical Devices industry median of 11.5× and above the Healthcare sector median of 9.2×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 24.0× | (22.18%) |
| FY2024 | 30.9× | 23.99% |
| FY2023 | 24.9× | (8.25%) |
| FY2022 | 27.1× | (12.06%) |
| FY2021 | 30.9× | (9.06%) |
| FY2020 | 33.9× | 39.06% |
| FY2019 | 24.4× | 22.76% |
| FY2018 | 19.9× | (7.98%) |
| FY2017 | 21.6× | 21.92% |
| FY2016 | 17.7× | 14.56% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 19.6× | (11.67%) |
| Mar 2026 | 22.2× | (7.76%) |
| Dec 2025 | 24.0× | (25.32%) |
| Sep 2025 | 32.2× | (8.25%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PHG Koninklijke Philips N.V. compare | 8.8× |
| GEHC GE HealthCare Technologies Inc. compare | 12.3× |
| BSX Boston Scientific Corporation compare | 13.9× |
| STE STERIS plc compare | 14.2× |
| MDT Medtronic PLC compare | 14.5× |
| SYK Stryker Corporation | 18.4× |
| ABT Abbott Laboratories compare | 19.4× |
| DXCM DexCom, Inc. compare | 23.5× |
| EW Edwards Lifesciences Corporation compare | 29.0× |
| Medical Devices industry median | 11.5× |
| Healthcare sector median | 9.2× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on SYK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement