Stocktoria

STRYKER CORP SYK

NYSE · stock · Surgical & Medical Instruments & Apparatus · website · IPO 1980-03-17 · LEI

STRYKER CORP statistics & valuation

Market cap$127.5B
P / E39.3×
P / S5.1×
P / B5.7×
P / FCF29.8×
Dividend yield1.01%
Net margin12.9%
Return on equity14.5%
FCF margin17.1%
Net debt$10.8B
Net debt / EBITDA1.7×
Enterprise value USD$138.4B
EV / EBITDA21.4×
Earnings yield EBIT/EV3.5%
Return on capital12.2%
Graham number -69.8%$104.71

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($104.71); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.50% 8.20% 26.10% 14.00% 11.10% 11.70% 12.80% 15.40% 13.20% 12.90% 2016201720182019202020212022202320242025
Gross margin (%)
66.30% 65.70% 65.70% 65.10% 63.10% 64.10% 62.80% 63.70% 63.90% 64.00% 2016201720182019202020212022202320242025
Operating margin (%)
19.20% 18.50% 18.70% 18.20% 15.50% 15.10% 15.40% 19.00% 16.30% 19.50% 2016201720182019202020212022202320242025
Return on equity (%)
17.20% 10.20% 30.30% 16.30% 12.20% 13.40% 14.20% 17.00% 14.50% 14.50% 2016201720182019202020212022202320242025
Shares outstanding
378.5M 380.1M 380.3M 379.9M 380.3M 382.3M 382.2M 383.7M 385.6M 386.5M 2016201720182019202020212022202320242025
Net debt ($)
$3.37B $4.05B $4.87B $5.89B $10.29B $9.53B $10.01B $7.93B $8.54B $10.85B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.10% 4.60% 13.00% 6.90% 4.70% 5.80% 6.40% 7.90% 7.00% 6.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
12.60% 7.70% 15.00% 10.40% 19.40% 16.00% 11.00% 15.30% 15.40% 17.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.70× 0.66× 0.72× 0.80× 1.01× 0.84× 0.71× 0.59× 0.59× 0.66× 2016201720182019202020212022202320242025
EPS ($)
$4.35 $2.68 $9.34 $5.48 $4.20 $5.21 $6.17 $8.25 $7.76 $8.40 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

STRYKER CORP trades at about 41.3× earnings — near its 10-year norm (10-year range 19×–61.3×, median 44×).

19× 61.3×

Shaded band = 10-year range (19×–61.3×); dot = today's 41.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin64.0%63.9%63.7%62.8%64.1%63.1%65.1%65.7%65.7%66.3%
Operating margin19.5%16.3%19.0%15.4%15.1%15.5%18.2%18.7%18.5%19.2%
Net margin12.9%13.2%15.4%12.8%11.7%11.1%14.0%26.1%8.2%14.5%
FCF margin17.1%15.4%15.3%11.0%16.0%19.4%10.4%15.0%7.7%12.6%
Return on assets6.8%7.0%7.9%6.4%5.8%4.7%6.9%13.0%4.6%8.1%
Return on equity14.5%14.5%17.0%14.2%13.4%12.2%16.3%30.3%10.2%17.2%
Debt / equity0.66×0.59×0.59×0.71×0.84×1.01×0.80×0.72×0.66×0.70×
Current ratio1.891.951.581.632.201.932.512.022.292.50

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.