TORVANTA
Health Care · S&P 500 · data as of 2026-10-05

SYK stock analysis: Stryker

Stryker (SYK) is an S&P 500 company in Health Care Equipment. It grades weakest on momentum.

The model's view of SYK · subscribers

Where SYK ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

See plans
What's happening with SYK · updated 2026-10-05 · from prices and SEC filings

SYK price performance

SYK against the S&P 500, one year
-20%+0%+20%S&P 500 +18%SYK -22%2025-09-292026-10-05
Year to date-18.1%S&P 500 +14.5% · behind by 32.6 pts
1 year-22.1%S&P 500 +17.0% · behind by 39.2 pts
3 years+10.9%S&P 500 +89.3% · behind by 78.3 pts
5 years+14.5%S&P 500 +91.3% · behind by 76.8 pts

Total returns with dividends reinvested.

SYK factor grades

Each grade compares SYK with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 29.6x (industry 28.8x)FCF yield 4.3% (industry 4.4%)
BGrowthRevenue growth +8% (industry +9%)EPS growth +28% (industry +11%)
B-ProfitabilityOperating margin 21.4% (industry 18.5%)ROIC 11.3% (industry 11.1%)
D-Momentum12-month change -22%From 52-wk high -26%

SYK in plain numbers

SYK key statistics

SectorHealth Care
IndustryHealth Care Equipment
IndexS&P 500
Market value$109.4B
Revenue growth (y/y)+8%
Free-cash-flow yield4.3%
Dividend yield1.2%
Next earnings (expected)2026-10-29
Valuation measures
Market value$109.4B
Enterprise value$121.0B
P/E (trailing)29.6x
Forward P/E (Torvanta estimate)26.5x
PEG (Torvanta estimate)2.26
Price / sales4.2x
Price / book4.6x
EV / revenue4.7x
EV / EBITDA16.9x
Financial highlights
Revenue, last 12 months$25.8B
Net income, last 12 months$3.7B
EPS, last 12 months (GAAP)$9.65
Gross margin65.0%
Operating margin21.4%
Net margin14.4%
Return on equity16.5%
Return on invested capital11.3%
Cash$3.4B
Total debt$14.9B
Debt / equity0.62x
Free cash flow, last 12 months$4.7B
Interest cover9.8x
Current ratio2.16x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

SYK earnings trends

Revenue vs earnings
$0$1.8B$3.6B$5.4B$7.2BSep 2024 Revenue: $5.5BDec 2024 Revenue: $6.4BMar 2025 Revenue: $5.9BJun 2025 Revenue: $6.0BSep 2025 Revenue: $6.1BDec 2025 Revenue: $7.2BMar 2026 Revenue: $6.0BJun 2026 Revenue: $6.6BSep 2024 Net income: $834.0MDec 2024 Net income: $546.0MMar 2025 Net income: $654.0MJun 2025 Net income: $884.0MSep 2025 Net income: $859.0MDec 2025 Net income: $849.0MMar 2026 Net income: $745.0MJun 2026 Net income: $1.3BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 15.2%Net margin: 8.5%Net margin: 11.1%Net margin: 14.7%Net margin: 14.2%Net margin: 11.8%Net margin: 12.4%Net margin: 19.4%0%10%19%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.8$1.7$2.5$3.3Sep 2024 EPS (GAAP, diluted): $2.2Dec 2024 EPS (GAAP, diluted): $1.4Mar 2025 EPS (GAAP, diluted): $1.7Jun 2025 EPS (GAAP, diluted): $2.3Sep 2025 EPS (GAAP, diluted): $2.2Dec 2025 EPS (GAAP, diluted): $2.2Mar 2026 EPS (GAAP, diluted): $1.9Jun 2026 EPS (GAAP, diluted): $3.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +3% · Dec 2025 +56% · Mar 2026 +14% · Jun 2026 +44%

From the company's 10-Q and 10-K filings with the SEC.

Stryker financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$17.1B$18.4B$20.5B$22.6B$25.1B
Net income$2.0B$2.4B$3.2B$3.0B$3.2B
EPS (GAAP)$5.21$6.17$8.25$7.76$8.40
Free cash flow$2.7B$2.0B$3.1B$3.5B$4.3B

SYK earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$3.30+44%+9%-10.0%
2026-04-30$1.93+14%+3%-7.7%
2026-01-29$2.20+56%+11%+3.8%
2025-10-30$2.22+3%+10%-2.8%
2025-07-31$2.29+7%+11%-3.6%
2025-05-01$1.69-18%+12%-1.1%

About Stryker

HeadquartersPortage, MI
Industry (SEC code)Surgical & Medical Instruments & Apparatus
Fiscal year endsDecember 31
Incorporated inMI
Listed onNYSE

From the company's SEC registration record.

Companies similar to SYK

CompanyMarket valueP/ERevenue growthOperating margin12-month change
SYK Stryker$109.4B29.6x+8%21.4%-22%
MDT Medtronic$112.5B21.6x+10%18.1%-7%compare
ISRG Intuitive Surgical$143.6B46.6x+21%31.3%-10%compare
ABT Abbott Labs$174.4B28.0x+7%17.1%-24%compare
BSX Boston Scientific$61.4B17.2x+14%19.8%-56%
EW Edwards Lifesciences$50.3B50.1x+15%22.3%+13%
BDX Becton Dickinson$49.2B54.4x-3%9.6%+22%

All Health Care stock ratings

Frequently asked questions

Is SYK stock a buy?

Torvanta does not tell individuals what to buy. Its grades for SYK are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is SYK's P/E ratio?

SYK trades at about 29.6 times its last 12 months of GAAP earnings reported to the SEC, and about 26.5 times Torvanta's own estimate of the next 12 months.

When does SYK report earnings next?

Based on its filing history, Torvanta expects Stryker to report around 2026-10-29.

Does SYK pay a dividend?

Yes. Its dividend yield is about 1.2%, and it has raised its dividend 16 years in a row.

How has SYK performed against the S&P 500?

Over the past year SYK returned -22.1%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

See plans Or get the free weekly newsletter

Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

All stock ratings · Stock lists · AI stock research · Model portfolio · Research · Disclaimer