SYK financial statements
The full income statement, balance sheet, and cash-flow statement for Stryker Corporation (SYK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 25.1B+11.2% | 22.6B+10.2% | 20.5B+11.1% | 18.4B+7.8% | 17.1B+19.2% | |
| 16.1B+11.3% | 14.4B+10.6% | 13.1B+12.8% | 11.6B+5.6% | 11.0B+21.1% | ||
| Cost of revenue | 9.05B+11.0% | 8.15B+9.6% | 7.44B+8.3% | 6.87B+11.9% | 6.14B+16.0% | |
| 11.2B+4.0% | 10.8B+17.2% | 9.17B+5.0% | 8.74B+4.2% | 8.38B+22.7% | ||
| Research & development | 1.62B+10.7% | 1.47B+5.6% | 1.39B-4.5% | 1.45B+17.7% | 1.24B+25.5% | |
| Selling, general & administrative | 8.65B+12.6% | 7.68B+8.1% | 7.11B+11.4% | 6.39B-0.6% | 6.43B+19.9% | |
| Amortization of intangibles | 732M+17.5% | 623M-1.9% | 635M+1.3% | 627M+1.3% | 619M+31.1% | |
| Operating income | 4.89B+32.5% | 3.69B-5.1% | 3.89B+36.9% | 2.84B+9.9% | 2.58B+16.2% | |
| Interest expense | 607M+48.4% | 409M+12.7% | 363M+7.7% | 337M+0.0% | 337M+7.0% | |
| Other non-operating income | 232M+9.4% | 212M+43.2% | 148M+193.7% | -158M+47.9% | -303M-12.6% | |
| Pre-tax income | 4.51B+29.3% | 3.49B-4.9% | 3.67B+36.9% | 2.68B+17.6% | 2.28B+16.7% | |
| Income tax | 1.27B+154.1% | 499M-1.8% | 508M+56.3% | 325M+13.2% | 287M-19.2% | |
| Net income | 3.25B+8.5% | 2.99B-5.4% | 3.17B+34.2% | 2.36B+18.3% | 1.99B+24.7% | |
| $8.40+8.2% | $7.76-5.9% | $8.25+33.7% | $6.17+18.4% | $5.21+24.0% | ||
| EPS (basic) | $8.49+8.0% | $7.86-5.8% | $8.34+33.9% | $6.23+17.8% | $5.29+24.2% | |
| Weighted-avg shares (basic) | 382M+0.3% | 381M+0.4% | 380M+0.4% | 378M+0.3% | 377M+0.4% | |
| Weighted-avg shares (diluted) | 387M+0.2% | 386M+0.5% | 384M+0.4% | 382M-0.0% | 382M+0.5% | |
| Dividends per share | $3.36+5.0% | $3.19+6.7% | $3.00+8.0% | $2.77+10.3% | $2.52+9.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 14.8B-0.6% | 14.8B+18.6% | 12.5B+21.8% | 10.3B+2.6% | 10.0B+3.2% | ||
| Cash & equivalents | 4.01B+9.8% | 3.65B+22.9% | 2.97B+61.1% | 1.84B-37.4% | 2.94B+0.0% | |
| Accounts receivable | 4.04B+1.3% | 3.99B+5.9% | 3.77B+5.6% | 3.56B+18.0% | 3.02B+11.9% | |
| Inventory | 5.31B+11.2% | 4.77B-1.4% | 4.84B+21.2% | 4.00B+20.5% | 3.31B-5.2% | |
| Prepaid expenses | 1.31B-18.0% | 1.59B+85.9% | 857M+8.9% | 787M+18.9% | 662M+35.7% | |
| 47.8B+11.3% | 43.0B+7.7% | 39.9B+8.2% | 36.9B+6.5% | 34.6B+0.9% | ||
| Property, plant & equipment | 3.88B+12.4% | 3.45B+7.2% | 3.21B+8.2% | 2.97B+4.8% | 2.83B+2.9% | |
| Operating lease right-of-use | 519M+0.6% | 516M+4.5% | 494M+4.4% | 473M+12.9% | 419M-0.9% | |
| Goodwill | 19.3B+21.7% | 15.9B+4.0% | 15.2B+2.4% | 14.9B+15.2% | 12.9B+1.1% | |
| Intangible assets | 5.68B+29.3% | 4.39B-4.3% | 4.59B-6.0% | 4.88B+0.9% | 4.84B-12.9% | |
| Deferred tax assets | 1.10B-37.0% | 1.74B+4.3% | 1.67B+18.4% | 1.41B-19.9% | 1.76B+15.0% | |
| Other non-current assets | 3.14B+17.1% | 2.68B+0.4% | 2.67B+8.5% | 2.46B+8.9% | 2.26B+12.6% | |
| 7.79B+2.3% | 7.62B-3.9% | 7.92B+25.7% | 6.30B+38.6% | 4.55B-9.8% | ||
| Accounts payable | 1.80B+7.1% | 1.68B+10.7% | 1.52B+7.4% | 1.41B+25.2% | 1.13B+39.4% | |
| Short-term & current debt | 1.00B-29.0% | 1.41B-32.7% | 2.09B+75.8% | 1.19B+16914.3% | 7.00M-99.1% | |
| Current lease liability | 153M+6.3% | 144M+0.7% | 143M+18.2% | 121M+8.0% | 112M+2.8% | |
| Other current liabilities | 2.65B+16.7% | 2.27B+6.0% | 2.14B+22.5% | 1.74B+19.0% | 1.47B-7.6% | |
| 25.4B+13.8% | 22.3B+4.8% | 21.3B+5.2% | 20.3B+2.6% | 19.8B-7.0% | ||
| Long-term debt | 14.9B+21.9% | 12.2B+11.8% | 10.9B-8.1% | 11.9B-4.9% | 12.5B-5.7% | |
| Non-current lease liability | 348M-8.2% | 379M+6.5% | 356M-0.3% | 357M+15.2% | 310M-4.6% | |
| Deferred tax liabilities | 137M+67.1% | 82.0M+30.2% | 63.0M-6.0% | 67.0M-1.5% | 68.0M-41.9% | |
| Other non-current liabilities | 2.37B+8.5% | 2.18B+13.2% | 1.93B+31.6% | 1.47B-19.4% | 1.82B-8.3% | |
| 22.4B+8.7% | 20.6B+11.0% | 18.6B+11.9% | 16.6B+11.7% | 14.9B+13.7% | ||
| Additional paid-in capital | 2.60B+10.0% | 2.36B+7.3% | 2.20B+8.2% | 2.03B+7.6% | 1.89B+8.6% | |
| Retained earnings | 20.5B+10.5% | 18.5B+10.5% | 16.8B+13.6% | 14.8B+9.5% | 13.5B+8.2% | |
| Accumulated other comprehensive income | -687M-134.5% | -293M+29.6% | -416M-88.2% | -221M+58.4% | -531M+54.1% | |
| Total equity incl. non-controlling | 22.4B+8.7% | 20.6B+11.0% | 18.6B+11.9% | 16.6B+11.7% | 14.9B+13.7% | |
| Total liabilities & equity | 47.8B+11.3% | 43.0B+7.7% | 39.9B+8.2% | 36.9B+6.5% | 34.6B+0.9% | |
| Shares outstanding (cover) | 383M+0.3% | 382M+0.3% | 380M+0.4% | 379M+0.3% | 378M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.04B+18.9% | 4.24B+14.3% | 3.71B+41.4% | 2.62B-19.6% | 3.26B-0.4% | ||
| Depreciation & amortization | 1.57B+10.1% | 1.43B+6.3% | 1.34B+4.9% | 1.28B+0.5% | 1.27B+18.2% | |
| Intangible amortization | 732M+17.5% | 623M-1.9% | 635M+1.3% | 627M+1.3% | 619M+31.1% | |
| Share-based compensation | 243M+6.1% | 229M+11.7% | 205M+22.0% | 168M-1.8% | 171M+20.4% | |
| Deferred income taxes | 392M+205.9% | -370M-79.6% | -206M-455.2% | 58.0M+124.5% | -237M-593.8% | |
| Change in receivables | -127M-139.6% | 321M+83.4% | 175M-69.8% | 579M+53.6% | 377M+206.5% | |
| Change in inventory | 297M+44.2% | 206M-74.2% | 797M+4.6% | 762M+303.2% | 189M+800.0% | |
| -4.87B-62.2% | -3.00B-211.9% | -962M+67.1% | -2.92B-240.4% | -859M+81.7% | ||
| Capital expenditure | 761M+0.8% | 755M+31.3% | 575M-2.2% | 588M+12.0% | 525M+7.8% | |
| Free cash flow | 4.28B+22.8% | 3.49B+11.2% | 3.14B+54.0% | 2.04B-25.6% | 2.74B-1.9% | |
| Acquisitions | 4.96B+204.7% | 1.63B+317.4% | 390M-84.8% | 2.56B+656.0% | 339M-92.0% | |
| Other investing activities | 60.0M+145.1% | -133M-4333.3% | -3.00M+92.3% | -39.0M-4000.0% | 1.00M+200.0% | |
| 113M+121.5% | -525M+67.1% | -1.59B-112.8% | -749M+68.3% | -2.37B-21400.0% | ||
| Long-term debt issued | 2.98B-1.1% | 3.01B+142.6% | 1.24B-17.3% | 1.50B+29900.0% | 5.00M-99.8% | |
| Long-term debt repaid | 1.40B-31.3% | 2.04B-0.9% | 2.06B+215.2% | 653M-43.3% | 1.15B-49.9% | |
| Net short-term debt | 0.00+100.0% | -32.0M-105.9% | 540M+244.0% | -375M-5257.1% | -7.00M-16.7% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 1.28B+5.3% | 1.22B+7.0% | 1.14B+8.4% | 1.05B+10.6% | 950M+10.1% | |
| Other financing activities | -33.0M+35.3% | -51.0M-121.7% | -23.0M+52.1% | -48.0M+67.6% | -148M-448.1% | |
| FX effect on cash | 68.0M+288.9% | -36.0M-28.6% | -28.0M+45.1% | -51.0M-34.2% | -38.0M-192.7% | |
| Net change in cash | 359M-47.3% | 681M-39.6% | 1.13B+202.5% | -1.10B-110100.0% | 1.00M+100.1% | |
| Interest paid | 582M+47.0% | 396M+11.2% | 356M+9.9% | 324M-0.3% | 325M+6.9% | |
| Income taxes paid | 1.00B+1.3% | 989M+42.7% | 693M+37.2% | 505M-18.8% | 622M+92.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 135B-2.1% | 137B+20.8% | 114B+23.0% | 92.5B-8.4% | 101B+9.5% | |
| P/E | 41.4×-9.7% | 45.9×+4.3% | 44.0×+16.9% | 37.7×-25.6% | 50.6×-12.2% | |
| P/S | 5.4×-11.9% | 6.1×+6.3% | 5.7×+11.0% | 5.2×-12.6% | 5.9×-8.1% | |
| P/B | 6.0×-9.9% | 6.7×+4.8% | 6.4×+13.1% | 5.6×-17.2% | 6.8×-3.7% | |
| P/FCF | 31.4×-20.3% | 39.4×-11.1% | 44.3×-3.5% | 45.9×+24.5% | 36.9×+11.6% | |
| Earnings yield | 2.4%+10.8% | 2.2%-4.1% | 2.3%-14.4% | 2.7%+34.5% | 2.0%+13.9% | |
| FCF yield | 3.2%+25.5% | 2.5%+12.4% | 2.3%+3.6% | 2.2%-19.7% | 2.7%-10.4% | |
| Dividend yield | 0.95%+7.6% | 0.89%-11.3% | 1.0%-11.9% | 1.1%+20.6% | 0.94%+0.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SYK’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SYK filings on SEC EDGAR → Not investment advice.
