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) Operating margin

Alert me on Operating margin

Stryker Corporation's operating margin over the twelve months to 30 June 2026 was 21.4%, up 2.0 percentage points from fiscal 2025 (19.5%). Over the past ten years it has ranged from 15.1% (fiscal 2021) to 19.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −15.0% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 19.5% 3.14
FY2024 16.3% (2.64)
FY2023 19.0% 3.57
FY2022 15.4% 0.30
FY2021 15.1% (0.39)
FY2020 15.5% (2.74)
FY2019 18.2% (0.42)
FY2018 18.7% 0.19
FY2017 18.5% (0.75)
FY2016 19.2% 0.50

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 25.2% 9.63
Mar 2026 15.6% (9.61)
Dec 2025 25.2% 6.42
Sep 2025 18.7% 0.26
42 more quarters

Against its own ten years

Low 15.1% High 19.5%
Ten-year median 18.5%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
DXCM DexCom, Inc. compare 22.9%
EW Edwards Lifesciences Corporation compare 22.3%
SYK Stryker Corporation 21.4%
BSX Boston Scientific Corporation compare 19.8%
STE STERIS plc compare 18.9%
MDT Medtronic PLC compare 18.1%
ABT Abbott Laboratories compare 15.8%
GEHC GE HealthCare Technologies Inc. compare 12.9%
PHG Koninklijke Philips N.V. compare 9.64%
Medical Devices industry median −15.0%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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