Stryker Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.44B | $11.33B | $9.95B | $9.68B | $9.02B | $8.66B | $8.31B | $7.32B |
| Cost of Revenue | $4.26B | $3.82B | $3.34B | $3.32B | $3.00B | $2.78B | $2.81B | $2.29B |
| Gross Profit | $8.18B | $7.50B | $6.60B | $6.36B | $6.02B | $5.88B | $5.50B | $5.03B |
| Gross Margin | 65.7% | 66.3% | 66.4% | 65.7% | 66.7% | 67.9% | 66.2% | 68.8% |
| Operating Expenses | ||||||||
| Research & Development | $787.0M | $715.0M | $625.0M | $614.0M | $536.0M | $471.0M | $462.0M | $394.0M |
| SG&A Expense | $4.55B | $4.14B | $3.61B | $3.55B | $3.47B | $3.37B | $3.15B | $2.71B |
| Operating Income | $2.30B | $2.18B | $1.86B | $1.25B | $1.26B | $1.74B | $1.69B | $1.75B |
| Operating Margin | 18.5% | 19.2% | 18.7% | 12.9% | 13.9% | 20.1% | 20.3% | 23.9% |
| Interest Expense | $247.0M | $228.0M | $108.0M | $113.0M | $83.0M | $63.0M | $56.0M | $53.0M |
| Pretax Income | $2.06B | $1.92B | $1.74B | $1.16B | $1.21B | $1.71B | $1.69B | $1.73B |
| Income Tax Expense | $1.04B | $274.0M | $296.0M | $645.0M | $206.0M | $407.0M | $341.0M | $456.0M |
| Net Income | $1.02B | $1.65B | $1.44B | $515.0M | $1.01B | $1.30B | $1.35B | $1.27B |
| Net Margin | 8.2% | 14.5% | 14.5% | 5.3% | 11.2% | 15.0% | 16.2% | 17.4% |
| EPS (Basic) | $2.73 | $4.40 | $3.82 | $1.36 | $2.66 | $3.41 | $3.48 | $3.21 |
| EPS (Diluted) | $2.68 | $4.35 | $3.78 | $1.34 | $2.63 | $3.39 | $3.45 | $3.19 |
| Shares Outstanding (Basic) | 374.0M | 374.1M | 376.6M | 378.5M | 378.6M | 380.6M | 386.5M | 396.4M |
| Shares Outstanding (Diluted) | 380.1M | 378.5M | 380.9M | 382.8M | 382.1M | 383.0M | 389.5M | 399.5M |
| Dividends Per Share | — | $1.57 | $1.42 | $1.26 | $1.10 | $0.90 | $0.75 | $0.63 |