Stryker Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.12B | $22.60B | $20.50B | $18.45B | $17.11B | $14.35B | $14.88B | $13.60B |
| Cost of Revenue | $9.05B | $8.16B | $7.44B | $6.87B | $6.14B | $5.29B | $5.19B | $4.66B |
| Gross Profit | $16.07B | $14.44B | $13.06B | $11.58B | $10.97B | $9.06B | $9.70B | $8.94B |
| Gross Margin | 64.0% | 63.9% | 63.7% | 62.8% | 64.1% | 63.1% | 65.1% | 65.7% |
| Operating Expenses | ||||||||
| Research & Development | $1.62B | $1.47B | $1.39B | $1.45B | $1.24B | $984.0M | $971.0M | $862.0M |
| SG&A Expense | $8.65B | $7.69B | $7.11B | $6.39B | $6.43B | $5.36B | $5.36B | $5.10B |
| Operating Income | $4.89B | $3.69B | $3.89B | $2.84B | $2.58B | $2.22B | $2.71B | $2.54B |
| Operating Margin | 19.5% | 16.3% | 19.0% | 15.4% | 15.1% | 15.5% | 18.2% | 18.7% |
| Interest Expense | $582.0M | $396.0M | $356.0M | $337.0M | $337.0M | $315.0M | $287.0M | $264.0M |
| Pretax Income | $4.51B | $3.49B | $3.67B | $2.68B | $2.28B | $1.95B | $2.56B | $2.36B |
| Income Tax Expense | $1.27B | $499.0M | $508.0M | $325.0M | $287.0M | $355.0M | $479.0M | $-1.20B |
| Net Income | $3.25B | $2.99B | $3.17B | $2.36B | $1.99B | $1.60B | $2.08B | $3.55B |
| Net Margin | 12.9% | 13.2% | 15.4% | 12.8% | 11.7% | 11.1% | 14.0% | 26.1% |
| EPS (Basic) | $8.49 | $7.86 | $8.34 | $6.23 | $5.29 | $4.26 | $5.57 | $9.50 |
| EPS (Diluted) | $8.40 | $7.76 | $8.25 | $6.17 | $5.21 | $4.20 | $5.48 | $9.34 |
| Shares Outstanding (Basic) | 382.2M | 381.0M | 379.6M | 378.2M | 377.0M | 375.5M | 374.0M | 374.1M |
| Shares Outstanding (Diluted) | 386.5M | 385.6M | 383.7M | 382.2M | 382.3M | 380.3M | 379.9M | 380.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |