The Tip Desk

STRYKER CORP

Company Stats

Market Cap
$105.6B
as of Sep 30, 2026
Enterprise Value
$117.5B
Shares Outstanding
380.7M
Free Float
81.9%

Income Statement

Revenue
$25.1B
Operating Income
$4.9B
Net Income
$3.2B
EBITDA
$6.5B
Non-cash Impairment
$170.0M
Revenue Growth, 3Y
10.8%
FCF Margin, 3Y Avg
15.9%
FCF Margin, Worst Year
15.3%

Cash Flow

Free Cash Flow
$4.3B
FCF Yield
4.1%
Owner FCF Yield
3.8%

Balance Sheet

Cash & Equivalents
$4.0B
Total Debt
$15.9B
Net Debt
$11.8B
Net Debt / EBITDA
1.83x
EV / EBITDA
18.19x
Net Debt / EBIT
2.42x

Returns & Capital

Dividends Paid
$1.3B
Dividend Yield
1.2%
Dividend Payout, 3Y Avg
38.8%
SBC, 3Y Avg
$225.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$25.1B$4.3B17.1%
FY2024$22.6B$3.5B15.4%
FY2023$20.5B$3.1B15.3%
FY2022$18.4B$2.0B11.0%
FY2021$17.1B$2.7B16.0%

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage