Stryker Financials

SYK Stock  USD 385.68  3.00  0.77%   
Based on the analysis of Stryker's profitability, liquidity, and operating efficiency, Stryker is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Stryker's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 10.5 B this year, although the value of Accumulated Other Comprehensive Income is projected to rise to (395.2 M). Key indicators impacting Stryker's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0960.1544
Way Down
Very volatile
Return On Assets0.110.0793
Significantly Up
Pretty Stable
Return On Equity0.190.1702
Moderately Up
Pretty Stable
Debt Equity Ratio0.730.6989
Sufficiently Up
Slightly volatile
Operating Income4.1 B3.9 B
Sufficiently Up
Slightly volatile
Current Ratio3.01.5804
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Stryker includes many different criteria found on its balance sheet. An individual investor should monitor Stryker's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Stryker.

Cash And Equivalents

2.46 Billion

  
Understanding current and past Stryker Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Stryker's financial statements are interrelated, with each one affecting the others. For example, an increase in Stryker's assets may result in an increase in income on the income statement.

Stryker Stock Summary

Stryker competes with Boston Scientific, Abbott Laboratories, Medtronic PLC, DexCom, and Edwards Lifesciences. Stryker Corporation operates as a medical technology company. Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, Michigan. Stryker Corp operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 46000 people.
Foreign Associate
  Germany
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8636671013
CUSIP863667101
LocationMichigan; U.S.A
Business Address1941 Stryker Way,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.stryker.com
Phone269 385 2600
CurrencyUSD - US Dollar

Stryker Key Financial Ratios

Stryker Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets30.2B34.3B34.6B36.9B39.9B41.9B
Other Current Liab2.9B3.5B3.4B3.3B3.8B4.0B
Net Debt5.9B10.3B9.5B11.2B10.0B10.5B
Retained Earnings11.7B12.5B13.5B14.8B16.8B17.6B
Cash4.3B2.9B2.9B1.8B3.0B3.1B
Net Receivables2.9B2.7B3.0B3.6B3.8B4.0B
Inventory3.3B3.5B3.3B4.0B4.8B5.1B
Other Current Assets760M488M662M1.5B857M542.0M
Total Liab17.4B21.2B19.8B20.3B21.3B22.4B
Total Current Assets11.4B9.7B10.0B10.3B12.5B13.1B
Short Term Debt859M761M7M1.3B2.2B2.3B
Intangible Assets4.2B5.6B4.8B4.9B4.6B4.8B
Accounts Payable675M810M1.1B1.4B1.5B1.6B
Good Will9.1B12.8B12.9B14.9B15.2B16.0B
Other Liab2.4B3.0B2.7B1.8B2.0B1.1B
Other Assets2.6B3.5B4.0B3.9B4.5B4.7B
Long Term Debt10.2B13.2B12.5B11.9B10.9B11.4B
Net Tangible Assets(489M)(5.2B)(2.9B)(3.1B)(2.8B)(2.7B)
Capital Surpluse1.6B1.7B1.9B2.0B2.3B1.5B

Stryker Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense287M315M337M158M356M373.8M
Total Revenue14.9B14.4B17.1B18.4B20.5B21.5B
Gross Profit9.7B9.1B11.0B11.6B13.1B13.7B
Operating Income2.7B2.2B2.6B2.8B3.9B4.1B
Ebit3.9B2.9B3.7B3.5B4.1B4.3B
Ebitda3.9B3.8B4.6B4.5B5.2B5.4B
Cost Of Revenue5.2B5.3B6.1B6.9B7.4B7.8B
Income Before Tax2.6B2.0B2.3B2.7B3.7B3.9B
Net Income2.1B1.6B2.0B2.4B3.2B3.3B
Income Tax Expense479M355M287M325M508M533.4M
Research Development971M984M1.2B1.5B1.4B1.5B
Tax Provision479M355M287M325M508M289.7M
Interest Income125M213M269M243M279.5M192.8M

Stryker Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(400M)27M(189M)(762M)(797M)(757.2M)
Change In Cash721M(1.4B)1M(1.1B)1.1B1.2B
Free Cash Flow1.5B2.8B2.7B2.0B3.1B3.3B
Depreciation778M812M990M998M1.0B1.1B
Other Non Cash Items(253M)(190M)66M(226M)19M18.1M
Capital Expenditures649M487M525M588M575M300.1M
Net Income2.1B1.6B2.0B2.4B3.2B3.3B
End Period Cash Flow4.3B2.9B2.9B1.8B3.0B3.1B
Dividends Paid778M863M950M1.1B1.1B1.2B
Change To Netincome320M453M464M454M522.1M548.2M
Investments(5M)7M(859M)(2.9B)(972M)(923.4M)
Change Receivables(563M)354M(377M)(579M)(521.1M)(495.0M)
Net Borrowings1.3B989M(1.2B)472M542.8M881.2M

Stryker Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Stryker's current stock value. Our valuation model uses many indicators to compare Stryker value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stryker competition to find correlations between indicators driving Stryker's intrinsic value. More Info.
Stryker is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stryker is roughly  2.65 . At this time, Stryker's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Stryker by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Stryker Systematic Risk

Stryker's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stryker volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Stryker correlated with the market. If Beta is less than 0 Stryker generally moves in the opposite direction as compared to the market. If Stryker Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stryker is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stryker is generally in the same direction as the market. If Beta > 1 Stryker moves generally in the same direction as, but more than the movement of the benchmark.

Stryker Thematic Clasifications

Stryker is part of several thematic ideas from Healthcare to Obamacare Repeal. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Stryker Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stryker's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Stryker growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.94

At this time, Stryker's Price Earnings To Growth Ratio is quite stable compared to the past year.

Stryker November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Stryker help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stryker. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stryker based on widely used predictive technical indicators. In general, we focus on analyzing Stryker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stryker's daily price indicators and compare them against related drivers.
When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stryker. If investors know Stryker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stryker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.2
Dividend Share
3.2
Earnings Share
9.33
Revenue Per Share
57.728
Quarterly Revenue Growth
0.119
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stryker's market value can be influenced by many factors that don't directly affect Stryker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.