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StrykerSYK

Health Care Equipment · Kalamazoo, Michigan · In the S&P 500
Solid business
$291.86−6.38%After hours: $293.00 (+0.39%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 21.0% over 1 year
Stryker over 1 yearDaily close, $, to 30 Oct 2026
$300$350Nov2026MarMayJulSep$291.86$350NovMarJul$291.86
Source: Nasdaq daily closes
Market value$112B
Price to earnings31.1x
Forward P/E18.4x
Dividend yield1.21%
Year to date−17.0%
One year−21.0%
Next earningsNot scheduled
52-week range (closes)
$269.75$387.46

Quality and valuation

How Stryker compares with other health care stocks. A description, not a recommendation.

Stryker and 7 health care equipment peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among health care companies, priced about in line with them.

Stryker trades at 18.4 times the next 12 months of expected earnings, against a median of 19.1x for the 65 health care stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +7.9% vs +7.8%
  • Keeps less of each sale (gross margin): 65.3% vs 65.3%
  • More profitable (operating margin): 20.7% vs 13.3%
  • Turns more of its sales into cash: 17.4% vs 15.9%
SYK trades at 18.4x forward earnings, below the sector medianForward p/e, Health Care Equipment peers
BSX13.8xBDX15.0xMDT16.1xSYK18.4xABT18.6xEW29.3xIDXX35.1xISRG37.5xSector median 19.1xBSX13.8xBDX15.0xMDT16.1xSYK18.4xABT18.6xEW29.3xIDXX35.1xISRG37.5xSector median 19.1x
Source: CNBC quotes; Mostly Markets
At 31.1x earnings, SYK is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40x50xAverage 43.3x2025202631.1x40x50xAverage 43.3x2025202631.1x
Source: Nasdaq prices; SEC filings

Financials

From Stryker's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 7.6% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bn$6bnQ4 ’24Q2 ’25Q4 ’25$6.5bnQ3 ’26$0bn$2bn$5bnQ4 ’24Q2 ’25Q4 ’25$6.5bnQ3 ’26
Source: SEC filings
Growth slowed to +7.6% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’257.6%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’257.6%Q3 ’26
Source: SEC filings
Operating margin was 15.9% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2515.9%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2515.9%Q3 ’26
Source: SEC filings
Free cash flow was $4.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bn$1.5bnQ4 ’24Q2 ’25Q4 ’25$1.2bnQ3 ’26$0bn$1bnQ4 ’24Q2 ’25Q4 ’25$1.2bnQ3 ’26
Source: SEC filings
Last 12 monthsSYKSector median
Revenue growth+7.9%+7.8%
Gross margin65.3%65.3%
Operating margin20.7%13.3%
Free cash flow margin17.4%15.9%
Price to earnings31.1x30.2x

Stories on Stryker

Friday, 30 October
Earnings

Stryker (SYK) Misses Q3 Estimates as Hip and Knee Procedures Slow

Stryker's revenue rose 7.7% to $6.52 billion, short of the $6.58 billion expected, and it cut its 2026 growth forecast. The stock was down 7.6% Friday morning.

SYK▲ 2.5%
An artificial knee joint beside an hourglass on a hospital tray
Thursday, 29 October
Big movers

Stocks Making the Biggest Moves After Hours: Intel, Reddit, Stryker, Pinterest and Amazon

Intel plunged 19.6% after hours on a weak forecast, Reddit 16.7% on soft guidance and a traffic warning, and Amazon slid 6.5% after missing on earnings per share and ads.

INTC▼ 19.6%AH
Screens of market charts

Similar companies

Health Care Equipment, by market value.

CompanyPriceTodayYTDValue
ABTAbbott Laboratories$106.20+1.56%−15.2%$184B
ISRGIntuitive Surgical$432.01−3.73%−23.7%$150B
MDTMedtronic$96.54−0.59%+0.5%$123B
BSXBoston Scientific$41.98−1.66%−56.0%$60.84B
BDXBecton Dickinson$197.88−0.23%+27.4%$53.90B
EWEdwards Lifesciences$92.01−2.57%+7.9%$53.03B
IDXXIdexx Laboratories$551.21−4.30%−18.5%$43.42B
GEHCGE HealthCare$76.57+0.20%−6.6%$34.62B