Stryker
Financial Performance
Stryker Revenue & Financials
Revenue
$20.5B (FY2024)
Market Cap
$135B
Net Income
$3.2B
Employees
52,000
What is Stryker's revenue?
Stryker had $20.5B in revenue for fiscal year 2024, up 10.2% from 2023. Net income was $3.2B.
- Latest revenue
- $20.5B (FY2024)
- Year-over-year
- +10.2%
- Growth rate (CAGR)
- 8.4% over 9 years
- Peak revenue
- $20.5B (FY2024)
- Years of data
- 10
- Employees
- 52,000
- How much profit does Stryker make?
- Stryker reported net income of $3.2B for fiscal year 2024.
- How many employees does Stryker have?
- Stryker has about 52,000 employees.
Financial Analysis
Stryker demonstrates an enviable financial record of organic top-line compounding, expanding operating leverage, and robust capital generation. In fiscal year 2024, Stryker generated consolidated net sales of $20.50 billion, up 10.5% year-over-year with organic sales growth exceeding 9.5%. GAAP net income reached $3.165 billion ($8.17 diluted EPS), with adjusted operating margins expanding to 25.5%. Stryker generated $3.7 billion in operating cash flow, maintaining an investment-grade A credit rating and deploying capital toward strategic bolt-on M&A and over $1.1 billion in annual cash dividends as a reliable Dividend Aristocrat.
Revenue Trend Analysis
YoY Change
+10.2%
9-Year CAGR
+8.4%
Peak Year
2024
Trend
Consistent Growth
Stryker has 10 full fiscal year figures on this page, compounding at +8.4% annually over 9 years. The most recent year saw a 10.2% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $20.5B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $20.5B | $3.2B | +10.2% |
| FY2023 | $18.6B | $2.8B | +11.4% |
| FY2022 | $16.7B | $2.4B | +7.7% |
| FY2021 | $15.5B | $2.3B | +8.0% |
| FY2020 | $14.3B | $1.6B | -3.7% |
| FY2019 | $14.9B | $2.1B | +9.6% |
| FY2018 | $13.6B | $3.6B | +9.3% |
| FY2017 | $12.4B | $1.8B | +9.3% |
| FY2016 | $11.4B | $1.6B | +14.9% |
| FY2015 | $9.9B | $1.4B | — |
Click any row to see year details.
Keep researching Stryker
Stryker Revenue and Financial FAQ
What was Stryker's latest reported annual revenue?
In its latest audited financial reporting period, Stryker recorded consolidated net revenue of $20.5B, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Stryker?
Stryker generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Stryker's capital and liquidity position?
Stryker maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Stryker distribute capital to shareholders?
Stryker executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Stryker Revenue & Financials." CorpDigest, https://corpdigest.com/company/stryker/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Stryker reported $20.5B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/stryker/financials" target="_blank" rel="noopener">CorpDigest — Stryker financials</a></div>Related Financial Audits
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