OakChart

Stryker Corp

SYKHealthcare·Medical Devices·USA·Large·NYSE·Nov 11 • 4:00 PM ET

318.79-5.50 (-1.70%)
2026-11-12 05:37 CET
Market cap
121,360.48 USD m
Revenue, TTM
26,300.00 USD m
Net income, TTM
3,623.00 USD m
Free cash flow, TTM
4,573.00 USD m
EPS diluted, TTM
9.39
P/E
33.96
Compare

Price

SYK against its 20, 50 and 200-day averages
2050200beatmiss
275.00300.00325.00350.003.2M6.5MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SYKclose 318.7920-day 310.2050-day 292.21200-day 322.38318.7952w low

18.1% under the 52-week high of 389.33 on 2 Mar 2026. 52-week low 267.00 on 11 Sep 2026. Last 15 sessions, 23.9% high to low

Volume 1.13× normal · the line is the 50-bar volume average

Profile

SYK
52-week range, 42% of the way up
267389.33

Stryker Corp. is a medical technology company, which engages in the provision of products and services that help improve patient and healthcare outcomes. It operates under the MedSurg and Neurotechnology, and Orthopaedics and Spine segments. The MedSurg and Neurotechnology segment includes surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment, intensive care disposable products, clinical communication, workflow solutions, products for the treatment of acute ischemic and hemorrhagic stroke, traditional brain, and open skull based surgical procedures, orthobiologic, and biosurgery. The Orthopaedics and Spine segment focuses on implants used in hip and knee joint replacements and trauma and extremity surgeries, and cervical, thoracolumbar, and interbody systems used in spinal injury, deformity, and degenerative therapies. The company was founded by Homer H. Stryker in 1941 and is headquartered in Portage, MI.

IndexS&P 500, RUI
Employees56000
IPOMar 17, 1980
Beta0.76
ATR, 14d11.18
Rel volume1.13
Short float1.86%
Insider own5.88%
Inst own83.24%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap121.36B
Enterprise Value133.52B
Income3.62B
Sales26.30B
Book/sh61.62
Cash/sh8.59
Dividend Est.3.53 (1.11%)
Dividend TTM3.52 (1.10%)
Dividend Ex-DateSep 30, 2026
Dividend Gr. 3/5Y6.31% 7.67%
Payout40.48%
Employees56000
IPOMar 17, 1980

Ratios

P/E33.96
Forward P/E19.55
PEG1.97
P/S4.61
P/B5.17
P/C37.10
P/FCF26.54
EV/EBITDA17.42
EV/Sales5.08
Quick Ratio1.30
Current Ratio2.18
Debt/Eq0.66
LT Debt/Eq0.62
Option/ShortYes / Yes

Earnings

EPS (ttm)9.39
EPS next Y16.31
EPS next Q5.03
EPS this Y8.85%
EPS next Y9.91%
EPS next 5Y9.90%
EPS past 3/5Y10.83% 14.84%
Sales past 3/5Y10.83% 11.84%
EPS Y/Y TTM22.82%
Sales Y/Y TTM7.87%
EPS Q/Q-11.88%
Sales Q/Q7.64%
EarningsOct 29 AMC
EPS/Sales Surpr.-0.79% -1.47%

Ownership

Insider Own5.88%
Insider Trans-5.19%
Inst Own83.24%
Inst Trans1.16%
ROA7.68%
ROE16.02%
ROIC9.54%
Gross Margin63.21%
Oper. Margin24.56%
Profit Margin13.78%
SMA202.77%
SMA509.10%
SMA200-1.11%
Trades-

Technical

Shs Outstand380.70M
Shs Float358.30M
Short Float1.86%
Short Ratio2.34
Short Interest6.66M
52W High389.33 -18.12%
52W Low267.00 19.40%
Volatility2.65% 3.03%
ATR (14)11.18
RSI (14)56.57
Beta0.76
Rel Volume1.13
Avg Volume2.85M
Volume3,215,580

Performance

Perf Week-6.14%
Perf Month12.83%
Perf Quarter-6.54%
Perf Half Y5.53%
Perf YTD-9.30%
Perf Year-12.35%
Perf 3Y16.51%
Perf 5Y21.02%
Perf 10Y188.86%
Recom1.71
Target Price340.68
Prev Close324.29
Price318.79
Change %-1.70%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 30, 2026DowngradeCCanaccord GenuityBuy → Hold$300-5.9%
Oct 07, 2026InitiatedBBarclaysOverweight$375+17.6%
Aug 13, 2026DowngradeWWolfe ResearchOutperform → Peer Perform
Jul 28, 2026ResumedUUBSBuy$400+25.5%
Jul 09, 2026InitiatedBBMO Capital MarketsOutperform$369+15.8%
Apr 13, 2026InitiatedLLeerink PartnersOutperform$410+28.6%
Feb 20, 2026InitiatedWWilliam BlairOutperform
Jan 27, 2026ResumedTTD CowenHold$387+21.4%
Jan 06, 2026UpgradeRRaymond JamesMkt Perform → Outperform$418+31.1%
Dec 19, 2025UpgradeCCitizens JMPMkt Perform → Mkt Outperform$440+38.0%

Peers

Mkt cap
TickerCompanyMkt cap
ZBHZimmer Biomet Holdings Inc20.34B
MDTMedtronic Plc129.98B
SNNSmith & Nephew plc ADR12.99B
BSXBoston Scientific Corp65.41B
ISRGIntuitive Surgical Inc155.83B
ABTAbbott Laboratories189.28B
EWEdwards Lifesciences Corp60.84B
BDXBecton Dickinson & Co58.43B
BAXBaxter International Inc13.63B
TFXTeleflex Incorporated6.20B

Insider trading

latest 14 of 37
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
STRYKER RONDA EDirectorNov 06 '26Sale325.32550,000178,924,7311,701,375Nov 09 04:29 PM
STRYKER RONDA EDirectorNov 06 '26Proposed Sale339.65550,000186,807,500Nov 05 04:41 PM
Crotty Dylan BramGroup PresidentAug 21 '26Sale328.61441144,9156,102Aug 26 04:33 PM
STRYKER RONDA EDirectorAug 18 '26Sale335.90300,000100,770,9632,301,375Aug 20 05:12 PM
STRYKER RONDA EDirectorAug 19 '26Sale340.1050,00017,005,1652,251,375Aug 20 05:12 PM
King DebraSee RemarksAug 18 '26Sale336.30826277,7876,210Aug 18 04:34 PM
Debra KingOfficerAug 18 '26Proposed Sale336.30826277,786Aug 18 12:44 PM
STRYKER RONDA EDirectorAug 18 '26Proposed Sale335.00350,000117,250,000Aug 17 10:13 AM
Fletcher Robert SVP, Chief Legal OfficerMay 28 '26Sale306.874,5441,394,40910,582May 29 04:59 PM
STRYKER RONDA EDirectorMay 26 '26Sale312.23310,00096,792,6691,924,880May 28 05:22 PM
Fletcher Robert SOfficerMay 28 '26Proposed Sale305.594,5441,388,601May 28 04:48 PM
STRYKER RONDA EDirectorMay 26 '26Proposed Sale313.00310,00097,030,000May 27 08:49 AM
Fink M KathrynVP, Chief HR OfficerMay 08 '26Option Exercise167.9821,5823,625,38834,719May 12 04:37 PM
Fink M KathrynVP, Chief HR OfficerMay 11 '26Sale283.855,2201,481,67113,137May 12 04:37 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLVState Street Health Care Select Sector SPDR ETFAUM: 50.35B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 183.48B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.80B
VHTVanguard Health Care ETFAUM: 21.51B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-293.5203.5481.9606,5206,61726
2026Q22026-07-303.6903.4883.3066,5896,57924
2026Q12026-04-302.6002.9811.9286,0206,33726
2025Q42026-01-294.4704.3962.1977,1717,12526
2025Q32025-10-303.1903.1332.2216,0576,04525
2025Q22025-07-313.1303.0692.2886,0225,93627
2025Q12025-05-012.8402.7141.6935,8665,69126
2024Q42025-01-284.0103.8721.4146,4366,36127
2024Q32024-10-292.8702.7722.1635,4945,37328
2024Q22024-07-302.8102.7922.1415,4225,40527
2024Q12024-04-302.5002.3562.0465,2435,10526
2023Q42024-01-303.4603.2692.9775,8155,60226
2023Q32023-11-022.4602.4351.8024,9094,86526
2023Q22023-08-032.5402.3811.9224,9964,82625
2023Q12023-05-012.1402.0021.5454,7784,56625
2022Q42023-01-313.0002.8361.4735,2024,96426

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY8.2608.2295.48314,88414,860
2020FY7.4307.1844.20514,35114,418
2021FY9.0909.1095.21617,10817,059
2022FY9.3409.1756.17018,44918,208
2023FY10.60010.4108.24920,49820,285
2024FY12.19012.0547.76222,59522,523
2025FY13.63013.5648.40025,11625,066
2026FY-14.836--26,816
2027FY-16.306--28,705
2028FY-18.094--30,850
2029FY-19.773--33,026
2030FY-21.651--35,324

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06250247,6977,5727,942
2026Q4S2026-11-02250247,6977,5727,942
2026Q4S2026-10-30250237,7067,5727,960
2026Q4S2026-10-2925147,9587,8548,045
2026Q4S2026-10-2325147,9587,8548,045
2026Q4S2026-10-1425147,9587,8548,045
2026Q4S2026-10-0924647,9627,9028,045
2026Q4S2026-10-0824747,9687,9028,084
2026Q4S2026-10-0624747,9717,9028,084
2026Q4S2026-10-0523737,9747,9028,084
2026Q4S2026-09-3023737,9767,9028,084
2026Q4S2026-09-2823737,9777,9028,084
2026Q4S2026-09-2423737,9787,9028,084
2026Q4S2026-09-2123647,9747,8418,084

Estimate history

EPS, annual2.689.345.4834.2055.2166.178.2497.7628.3989.3873
Period201720182019202020212022202320242025TTM
EPS, quarterly2.1631.4141.6932.2882.2212.1971.9283.3061.957
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual12444136011488414351171081844920498225952511626300
Period201720182019202020212022202320242025TTM
Sales, quarterly549464365866602260577171602065896520
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual374.4374.4374.5376.1377.5378.7380.1381.4382.5380.7
Period201720182019202020212022202320242025MRQ
Shares, quarterly381.2381.4382.1382.3382.4382.5383.4383.573380.7
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue26,300.0025,116.0022,595.0020,498.0018,449.0017,108.0014,351.0014,884.0013,601.00
Cost of Goods Sold Incl. D&A9,675.009,387.008,553.007,926.007,363.006,399.005,598.005,502.005,001.00
Gross Profit16,625.0015,729.0014,042.0012,572.0011,086.0010,709.008,753.009,382.008,600.00
Selling, General and Administrative Excl. Other10,167.009,883.008,919.008,213.007,306.006,946.005,725.005,994.005,496.00
Research and Development1,625.001,567.001,414.001,293.001,230.001,133.00905.00971.00862.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income6,458.005,846.005,123.004,359.003,780.003,763.003,028.003,388.003,104.00
Interest Expense586.00607.00396.00356.00337.00337.00315.00287.00264.00
Unusual Expense1,051.00907.001,359.00412.00899.001,166.00785.00666.00566.00
Net Income Before Taxes5,116.004,514.003,492.003,673.002,683.002,281.001,954.002,562.002,356.00
Income Taxes1,493.001,268.00499.00508.00325.00287.00355.00479.00-1,197.00
Consolidated Net Income3,623.003,246.002,993.003,165.002,358.001,994.001,599.002,083.003,553.00
Net Income From Continuing Operations3,623.003,246.002,993.003,165.002,358.001,994.001,599.002,083.003,553.00
Net Income3,623.003,246.002,993.003,165.002,358.001,994.001,599.002,083.003,553.00
EPS (Recurring)11.3310.0410.239.007.827.355.656.7110.38
EPS (Basic, Before Extraordinaries)9.468.497.868.346.235.294.265.579.50
EPS (Diluted)9.398.407.768.256.175.224.205.489.34
EBITDA7,665.007,039.006,173.005,387.004,778.004,753.003,840.004,166.003,827.00
Non-Operating Income (Expense)295.00182.00124.0082.00139.0021.0026.00127.0082.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense202.24191.97180.91161.95132.72124.83103.6692.7194.01
Price To Earnings Ratio33.9633.9638.6044.4238.0451.2958.3438.2816.78
Price To Sales Ratio4.035.416.145.615.065.986.495.364.38
Gross Margin63.2162.6362.1561.3360.0962.6060.9963.0363.23
Operating Margin24.5623.2822.6721.2720.4922.0021.1022.7622.82
Net Margin13.7812.9213.2515.4412.7811.6611.1413.9926.12
Shares Outstanding380.70382.50381.40380.10378.70377.50376.10374.50374.40
Market Capitalization121,360.48121,360.48137,256.82113,776.2392,522.35100,881.5292,083.8378,601.5458,653.81

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue6,520.006,589.006,020.007,171.006,057.006,022.005,866.006,436.00
Cost of Goods Sold Incl. D&A2,417.002,231.002,360.002,667.002,310.002,272.002,186.002,329.00
Gross Profit4,103.004,358.003,660.004,504.003,747.003,750.003,680.004,107.00
Selling, General and Administrative Excl. Other2,552.002,544.002,556.002,515.002,383.002,389.002,501.002,326.00
Research and Development417.00424.00404.00380.00398.00396.00393.00342.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,551.001,814.001,104.001,989.001,364.001,361.001,179.001,781.00
Interest Expense143.00141.00148.00154.00157.00159.00--
Unusual Expense564.00148.00159.00180.00225.00231.00318.001,182.00
Net Income Before Taxes997.001,564.00850.001,705.001,029.001,016.00764.00528.00
Income Taxes244.00288.00105.00856.00170.00132.00110.00-18.00
Consolidated Net Income753.001,276.00745.00849.00859.00884.00654.00546.00
Net Income From Continuing Operations753.001,276.00745.00849.00859.00884.00654.00546.00
Net Income753.001,276.00745.00849.00859.00884.00654.00546.00
EPS (Recurring)2.983.572.222.522.632.712.273.56
EPS (Basic, Before Extraordinaries)1.973.331.952.222.252.311.711.43
EPS (Diluted)1.963.311.932.202.222.291.691.41
EBITDA1,846.002,110.001,404.002,305.001,673.001,657.001,451.002,045.00
Non-Operating Income (Expense)153.0039.0053.0050.0047.0045.00-97.00-71.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense52.9342.6668.7337.9248.9838.7166.3635.55
Price To Earnings Ratio33.9636.4739.1346.1548.9253.3947.9538.60
Price To Sales Ratio4.034.705.035.415.866.426.206.15
Gross Margin62.9366.1460.8062.8161.8662.2762.7363.81
Operating Margin23.7927.5318.3427.7422.5222.6020.1027.67
Net Margin11.5519.3712.3811.8414.1814.6811.158.48
Shares Outstanding380.70383.57383.40382.50382.40382.30382.10381.40
Market Capitalization121,360.48120,697.38125,747.78134,410.56141,327.43151,195.94142,083.73137,256.82

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments4,100.004,493.003,053.001,928.003,019.003,024.004,425.003,699.002,793.00
Short Term Receivables4,039.003,987.003,765.003,565.003,022.002,701.002,893.002,332.002,198.00
Inventories5,310.004,774.004,843.003,995.003,314.003,494.003,282.002,955.002,465.00
Other Current Assets1,306.001,593.00857.00787.00662.00488.00760.00747.00537.00
Total Current Assets14,755.0014,847.0012,518.0010,275.0010,017.009,707.0011,360.009,733.007,993.00
Net Property, Plant & Equipment4,395.003,964.003,709.003,443.003,252.003,175.002,951.002,291.001,975.00
Total Investments and Advances2.0039.002.0090.0066.004.000.000.000.00
Intangible Assets24,972.0020,250.0019,836.0019,765.0017,758.0018,332.0013,296.0012,726.0010,645.00
Deferred Tax Assets1,098.001,742.001,670.001,410.001,760.001,530.001,575.001,678.00283.00
Other Assets2,622.002,129.002,177.001,901.001,778.001,582.00985.00801.001,301.00
Total Assets47,844.0042,971.0039,912.0036,884.0034,631.0034,330.0030,167.0027,229.0022,197.00
Short Term Debt Incl. Current Port. of LT Debt1,153.001,553.002,237.001,312.00119.00870.00945.001,373.00632.00
Accounts Payable1,799.001,679.001,517.001,413.001,129.00810.00675.00646.00487.00
Income Tax Payable418.00539.00391.00292.00192.00207.00171.00158.00143.00
Other Current Liabilities4,424.003,845.003,776.003,286.003,109.003,154.002,609.002,630.002,223.00
Total Current Liabilities7,794.007,616.007,921.006,303.004,549.005,041.004,400.004,807.003,485.00
Long Term Debt15,207.0012,567.0011,257.0012,214.0012,782.0013,555.0010,532.008,486.006,590.00
Provision for Risks Charges738.00684.00926.00912.001,404.001,584.001,507.001,567.001,597.00
Deferred Tax Liabilities137.0082.0063.0067.0068.00117.00108.0054.0047.00
Other Liabilities1,548.001,388.001,152.00772.00951.00949.00813.00585.00498.00
Total Liabilities25,424.0022,337.0021,319.0020,268.0019,754.0021,246.0017,360.0015,499.0012,217.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity22,420.0020,634.0018,593.0016,616.0014,877.0013,084.0012,807.0011,730.009,966.00
Total Shareholders Equity22,420.0020,634.0018,593.0016,616.0014,877.0013,084.0012,807.0011,730.009,966.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.0014.00
Total Equity22,420.0020,634.0018,593.0016,616.0014,877.0013,084.0012,807.0011,730.009,980.00
Total Liabilities & Stockholders Equity47,844.0042,971.0039,912.0036,884.0034,631.0034,330.0030,167.0027,229.0022,197.00
Book Value Per Share58.6154.1048.9243.8839.4134.7934.2031.3326.62
Tangible Book Value Per Share-6.671.01-3.27-8.32-7.63-13.95-1.31-2.66-1.81
Full-Time Employees56,00053,00052,00051,00046,00043,00040,00036,00033,000
Price to Book Ratio5.176.816.355.626.797.046.145.005.55
Return on Assets7.157.228.246.595.784.967.2614.384.79
Return on Equity15.0815.2617.9814.9714.2612.3516.9832.7510.45
Return on Invested Capital8.639.0110.608.187.216.008.9217.586.16
Quick Ratio1.211.320.971.001.471.231.841.411.59
Current Ratio1.891.951.581.632.201.932.582.022.29

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income3,623.003,246.002,993.003,165.002,358.001,994.001,599.002,083.003,553.00
Depreciation1,207.001,193.001,050.001,028.00998.00990.00812.00778.00723.00
Other Funds (Non Cash)570.00586.001,252.00259.00435.00804.00422.00386.00158.00
Funds from Operations5,767.005,417.004,925.004,246.003,849.003,551.002,881.003,373.002,852.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-321.00-373.00-683.00-535.00-1,225.00-288.00396.00-1,182.00-242.00
Income Taxes Payable37.00-145.00-116.00-4.00-238.00-98.00-16.00-105.00-156.00
Cash from Operating Activities5,446.005,044.004,242.003,711.002,624.003,263.003,277.002,191.002,610.00
Capital Expenditures-873.00-761.00-755.00-575.00-588.00-525.00-487.00-649.00-572.00
Net Assets From Acquisitions-491.00-4,960.00-1,628.00-390.00-2,563.00-339.00-4,222.00-802.00-2,465.00
Sale of Fixed Assets and Businesses0.00165.000.000.000.000.000.000.00-
Purchase or Sale of Investments81.00750.00-660.002.00-9.006.007.00-5.00168.00
Purchase of Investments9.000.00-808.00-52.00-52.00-49.00-54.00-74.00-226.00
Sale Or Maturity of Investments72.00750.00148.0054.0043.0055.0061.0069.00394.00
Other Uses-33.00-60.000.000.000.00-1.000.000.00-2.00
Other Sources0.000.0043.001.00236.000.001.001.000.00
Cash from Investing Activities-1,316.00-4,866.00-3,000.00-962.00-2,924.00-859.00-4,701.00-1,455.00-2,871.00
Cash Dividends Paid-1,333.00-1,284.00-1,219.00-1,139.00-1,051.00-950.00-863.00-778.00-703.00
Change in Capital Stock-1,000.000.000.000.000.000.000.00-307.00-300.00
Repurchase of Common Pref Stock-1,000.000.000.000.000.000.000.00-307.00-300.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1,504.001,579.00940.00-277.00472.00-1,153.00989.001,293.002,456.00
Change in Long Term Debt-1,750.001,579.00972.00-817.00847.00-1,146.00995.001,293.002,456.00
Issuance of Long Term Debt0.002,979.003,011.001,241.001,500.005.003,292.002,642.003,126.00
Reduction of Long Term Debt-1,750.00-1,400.00-2,039.00-2,058.00-653.00-1,151.00-2,297.00-1,349.00-670.00
Net Financing Active Other Cash Flow-254.00-182.00-246.00-178.00-170.00-262.00-137.00-205.00-110.00
Other Financing Activities Uses-254.00-182.00-246.00-178.00-170.00-262.00-137.00-205.00-120.00
Cash from Financing Activities-4,091.00113.00-525.00-1,594.00-749.00-2,365.00-11.003.001,343.00
Exchange Rate Effect-24.0068.00-36.00-28.00-51.00-38.0041.00-18.00-8.00
Net Change in Cash15.00359.00681.001,127.00-1,100.001.00-1,394.00721.001,074.00
Free Cash Flow4,573.004,283.003,487.003,136.002,036.002,738.002,790.001,542.002,038.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow32.7045.3061.2157.5494.8757.1848.36104.3944.65
Deferred Taxes & Investment Tax Credit-392.00-370.00-206.0058.00-237.0048.00126.00-1,582.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments3,271.003,476.002,965.004,100.003,343.002,464.00
Short Term Receivables3,693.003,743.003,571.004,039.003,643.003,918.00
Inventories5,747.005,521.005,419.005,310.005,370.005,289.00
Other Current Assets1,472.001,678.001,383.001,306.001,355.001,332.00
Total Current Assets14,183.0014,418.0013,338.0014,755.0013,711.0013,003.00
Net Property, Plant & Equipment4,572.004,479.004,416.004,395.004,273.004,253.00
Total Investments and Advances67.0081.0082.002.0044.003.00
Intangible Assets24,868.0025,326.0024,704.0024,972.0025,101.0025,145.00
Deferred Tax Assets901.00994.001,193.001,098.001,374.001,375.00
Other Assets2,656.002,632.002,558.002,622.002,554.002,552.00
Total Assets47,247.0047,930.0046,291.0047,844.0047,057.0046,331.00
Short Term Debt Incl. Current Port. of LT Debt914.00909.00660.001,153.001,911.001,910.00
Accounts Payable1,634.001,663.001,592.001,799.001,498.001,442.00
Income Tax Payable65.00224.00476.00418.00118.0091.00
Other Current Liabilities3,887.003,888.003,587.004,424.003,887.003,845.00
Total Current Liabilities6,500.006,684.006,315.007,794.007,414.007,288.00
Long Term Debt14,519.0014,537.0014,574.0015,207.0015,222.0015,218.00
Provision for Risks Charges413.00406.00403.00738.00400.00395.00
Deferred Tax Liabilities---137.00--
Other Liabilities2,358.002,315.002,020.001,548.002,236.002,239.00
Total Liabilities23,790.0023,942.0023,312.0025,424.0025,272.0025,140.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity23,457.0023,988.0022,979.0022,420.0021,785.0021,191.00
Total Shareholders Equity23,457.0023,988.0022,979.0022,420.0021,785.0021,191.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity23,457.0023,988.0022,979.0022,420.0021,785.0021,191.00
Total Liabilities & Stockholders Equity47,247.0047,930.0046,291.0047,844.0047,057.0046,331.00
Book Value Per Share61.6262.5459.9358.6156.9755.43
Tangible Book Value Per Share-3.71-3.49-4.50-6.67-8.67-10.34
Full-Time Employees---56,000--
Price to Book Ratio5.175.255.616.176.677.22
Return on Assets7.687.917.237.156.486.83
Return on Equity16.0216.5115.2015.0814.0414.25
Return on Invested Capital1.983.311.982.262.322.43
Quick Ratio1.301.331.251.211.131.06
Current Ratio2.182.162.111.891.851.78

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income753.001,276.00745.00849.00859.00884.00
Depreciation295.00296.00300.00316.00309.00296.00
Other Funds (Non Cash)360.0055.0087.0068.00196.00169.00
Funds from Operations1,500.001,734.001,099.001,434.001,379.001,511.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-39.00-473.00-518.00709.00161.00-400.00
Income Taxes Payable-137.00-300.0042.00432.0033.00-659.00
Cash from Operating Activities1,461.001,261.00581.002,143.001,540.001,111.00
Capital Expenditures-237.00-202.00-166.00-268.00-187.00-183.00
Net Assets From Acquisitions-22.00-437.00-22.00-10.00-136.00-65.00
Sale of Fixed Assets and Businesses0.000.000.000.000.00165.00
Purchase or Sale of Investments85.002.002.00-8.003.00-1.00
Purchase of Investments-4.00-14.00-5.0032.00-5.00-16.00
Sale Or Maturity of Investments89.0016.007.00-40.008.0015.00
Other Uses-13.00-1.000.00-19.00-1.00-20.00
Other Sources0.00-1.001.000.000.000.00
Cash from Investing Activities-187.00-639.00-185.00-305.00-321.00-104.00
Cash Dividends Paid-338.00-337.00-337.00-321.00-322.00-321.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,000.000.000.000.000.000.00
Repurchase of Common Pref Stock-1,000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-3.00250.00-1,000.00-751.00-1.00-648.00
Change in Long Term Debt0.000.00-1,000.00-750.000.00-650.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.00-1,000.00-750.000.00-650.00
Net Financing Active Other Cash Flow-52.00-8.00-173.00-21.00-16.00-20.00
Other Financing Activities Uses-52.00-8.00-173.00-21.00-16.00-20.00
Cash from Financing Activities-1,393.00-95.00-1,510.00-1,093.00-339.00-989.00
Exchange Rate Effect-1.00-14.00-19.0010.001.0037.00
Net Change in Cash-120.00513.00-1,133.00755.00881.0055.00
Free Cash Flow1,224.001,059.00415.001,875.001,353.00928.00
Price to Free Cash Flow32.7035.9038.8445.3050.9655.13

Revenue breakdown

Endoscopy2024: 3.39B 2025: 3.81B
Hips2024: 1.70B 2025: 1.87B
Instruments2024: 2.83B 2025: 3.18B
Knees2024: 2.45B 2025: 2.66B
Medical2024: 3.85B 2025: 4.20B
Neuro Cranial2024: 2.14B 2025: 2.49B
Neurovascular2024: 1.31B 2025: 1.97B
Other Orthopaedics2024: 712.00M 2025: 815.00M
Spine2024: 707.00M 2025: 185.00M
Trauma and Extremities2024: 3.51B 2025: 3.95B
Asia Pacific2024: 2.02B 2025: 2.16B
EMEA2024: 2.90B 2025: 3.18B
Other foreign countries2024: 735.00M 2025: 765.00M
United States2024: 16.94B 2025: 19.01B
MedSurg and Neurotechnology2024: 13.52B 2025: 15.65B
Orthopaedics and Spine2024: 9.08B 2025: 9.47B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.86%6.7M358.3M2.72M
2026-10-151.58%5.7M361.0M2.58M
2026-09-301.59%5.7M361.0M2.62M
2026-09-152.13%7.7M361.0M2.63M
2026-08-312.12%7.6M360.9M2.46M
2026-08-141.92%6.9M360.9M2.63M
2026-07-312.31%8.3M360.6M2.80M
2026-07-151.95%7.0M360.4M2.73M
2026-06-301.92%6.9M360.4M2.59M
2026-06-151.71%6.1M360.3M2.50M
2026-05-291.73%6.2M360.4M2.46M
2026-05-151.60%5.8M360.1M2.23M
2026-04-301.23%4.4M359.6M2.08M
2026-04-151.31%4.7M359.6M2.09M
2026-03-311.23%4.4M359.4M2.12M
2026-03-131.13%4.1M359.4M1.97M
2026-02-271.19%4.3M359.4M1.85M
2026-02-131.14%4.1M359.4M1.86M
2026-01-301.15%4.1M358.8M1.81M
2026-01-151.31%4.7M358.8M1.69M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call170147.7150.50.002.3900.000.000.987-0.1810.016
call175142.6145.50.002.2930.000.000.987-0.1810.016
call180136.91410.002.3270.000.000.986-0.1800.017
call185132.7135.50.002.1060.000.000.986-0.1800.018
call190126.91310.002.1370.000.000.985-0.1790.018
call195122.1125.90.002.0450.000.000.985-0.1780.019
call200117.7120.90.001.9560.000.000.984-0.1770.020
call210107.5110.90.001.7830.000.000.982-0.1750.021
call22097.70100.50.001.5190.000.000.980-0.1730.023
call23087.7090.900.001.4740.000.000.978-0.1710.025
call24077.8081.000.001.3170.000.000.976-0.1680.028
call25067.8071.0059.601.1662.000.000.973-0.1650.031
call26057.5061.0045.201.0181.000.000.969-0.1600.035
call27048.2051.0071.400.87228.000.000.964-0.1550.039
call28037.7040.9047.080.70643.000.000.957-0.1490.045
call29028.6030.5033.460.5242220.000.943-0.1470.056
call30019.2021.0020.100.4274185.000.848-0.2810.116
call31011.1012.9012.000.3862,7932.000.679-0.4460.177
call3204.807.406.000.3971,1905.000.492-0.4360.198
call3302.104.002.250.4151,25736.000.305-0.4020.174
call3400.651.000.800.3486619.000.133-0.2200.107
call3500.100.400.200.3632,39027.000.055-0.1150.055
call3600.000.150.770.3792880.000.022-0.0560.026
call3700.002.001.450.53510.000.000.073-0.2040.074
call3800.002.150.700.71188.000.000.069-0.2640.067
call3900.002.150.350.7911.000.000.063-0.2740.063
call4000.000.200.250.6453.000.000.014-0.0640.017
call4100.002.150.000.7160.000.000.016-0.0800.020
call4200.002.150.110.77421.000.000.015-0.0820.019
put1700.002.150.002.0630.000.00-0.018-0.2500.022
put1750.002.150.001.9790.000.00-0.019-0.2480.023
put1800.002.150.001.8970.000.00-0.019-0.2460.024
put1850.002.150.151.8174.000.00-0.020-0.2450.025
put1900.002.150.121.7393.000.00-0.021-0.2430.025
put1950.002.150.001.6620.000.00-0.022-0.2410.026
put2000.002.150.351.5885.000.00-0.023-0.2390.027
put2100.002.150.001.4440.000.00-0.025-0.2340.030
put2200.002.150.301.3058090.00-0.028-0.2290.032
put2300.002.150.121.17243.000.00-0.031-0.2230.035
put2400.002.150.900.9611560.00-0.024-0.1510.028
put2500.002.150.560.8424090.00-0.027-0.1460.031
put2600.002.150.350.7222160.00-0.031-0.1400.035
put2700.002.200.130.6092080.00-0.036-0.1340.039
put2800.000.500.100.5013051.00-0.043-0.1280.045
put2900.001.450.330.3897880.00-0.057-0.1250.056
put3000.601.501.140.3881944.00-0.151-0.2570.116
put3102.405.003.070.4513179.00-0.320-0.4210.177
put3206.507.606.900.35944949.00-0.508-0.4100.198
put33011.9014.2013.300.3732990.00-0.694-0.3750.174
put34020.5022.7018.000.41211.000.00-0.867-0.1920.107
put35030.0032.3013.600.4909.000.00-0.945-0.0860.055
put36040.2042.600.000.6260.000.00-0.978-0.0260.026
put37049.4052.9029.700.7570.000.00-0.981-0.0270.023
put38059.4063.4053.900.8630.000.00-0.983-0.0280.021
put39069.4073.0049.100.9550.000.00-0.985-0.0290.019
put40079.4082.900.000.9780.000.00-0.986-0.0290.017
put41089.4092.900.001.0580.000.00-0.987-0.0300.016
put42099.801030.001.2040.000.00-0.988-0.0300.015

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-094Statement of changes in beneficial ownership of securities2026-11-06SEC
2026-11-098-KCurrent report2026-11-03SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-10-30IRANNOTICENotice of Iran-related disclosure filed pursuant to Section 13(r)(3) of the Exchange ActSEC
2026-10-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-068-KCurrent report2026-10-06SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-244Statement of changes in beneficial ownership of securities2026-07-17SEC
2026-09-083Initial statement of beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2019-06-26SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-21SEC
2026-08-204Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-18144Filing for proposed sale of securities under Rule 144.SEC
2026-08-17144Filing for proposed sale of securities under Rule 144.SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-01SEC
2026-07-3110-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-06-268-KCurrent report2026-06-26SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-28SEC
2026-05-28144Filing for proposed sale of securities under Rule 144.SEC
2026-05-284Statement of changes in beneficial ownership of securities2026-05-26SEC
2026-05-27144Filing for proposed sale of securities under Rule 144.SEC
2026-05-22SDSpecialized Disclosure ReportSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100178.92M1
2026-100000
2026-090000
2026-0800118.20M4
2026-070000
2026-060000
2026-0500100.66M4
2026-040000
2026-030000
2026-0200181.89M3
2026-010000
2025-120000
2025-1100185.38M4

Institutional holders

Manager% owned
BlackRock, Inc.7.15%
VANGUARD CAPITAL MANAGEMENT LLC5.88%
JPMORGAN CHASE & CO4.50%
STATE STREET CORP4.05%
GREENLEAF TRUST3.95%
PRICE T ROWE ASSOCIATES INC /MD/3.11%
VANGUARD PORTFOLIO MANAGEMENT LLC2.13%
WELLINGTON MANAGEMENT GROUP LLP2.13%
GEODE CAPITAL MANAGEMENT, LLC2.09%
MORGAN STANLEY1.55%

Funds

Fund% owned
JPMorgan Ultra-Short Income ETF15.11%
PGIM Ultra Short Bond ETF7.82%
iShares Ultra Short Duration Bond Active ETF6.86%
Capital Group Central Corporate Bond Fund6.48%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND5.77%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND5.68%
PIMCO Investment Grade Credit Bond Fund5.50%
VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND5.22%
Dimensional Ultrashort Fixed Income ETF5.07%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND4.49%

OakChart. SYK. Cached 15 minutes.