STRYKER CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $11.3b $12.4b $13.6b $14.9b $14.4b $17.1b $18.4b $20.5b $22.6b $25.1b
Cost of Goods and Services Sold $3.8b $4.3b $4.7b $5.2b $5.3b $6.1b $6.9b $7.4b $8.2b $9.1b
Cost of sales $3.8b $4.3b $4.7b $5.2b $5.3b $6.1b $6.9b $7.4b $8.2b $9.1b
Gross Profit $7.5b $8.2b $8.9b $9.7b $9.1b $11.0b $11.6b $13.1b $14.4b $16.1b
Operating Expenses $5.3b $5.9b $6.4b $7.0b $6.8b $8.4b $8.7b $9.2b $10.8b $11.2b
Total operating expenses $5.3b $5.9b $6.4b $7.0b $6.8b $8.4b $8.7b $9.2b $10.8b $11.2b
Operating Income (Loss) $2.2b $2.3b $2.5b $2.7b $2.2b $2.6b $2.8b $3.9b $3.7b $4.9b
Additional Financial Items
Amortization of Intangible Assets $319.0m $371.0m $417.0m $464.0m $472.0m $619.0m $627.0m $635.0m $623.0m $732.0m
Basic (in shares) $374.1m $374.0m $374.1m $374.0m $375.5m $377.0m $378.2m $379.6m $381.0m $382.2m
Diluted (in shares) $378.5m $380.1m $380.3m $379.9m $380.3m $382.3m $382.2m $383.7m $385.6m $386.5m
Earnings before income taxes $1.9b $2.1b $2.4b $2.6b $2.0b $2.3b $2.7b $3.7b $3.5b $4.5b
Effect of dilutive employee stock compensation (in shares) $4.4m $6.1m $6.2m $5.9m $4.8m $5.3m $4.0m $4.1m $4.6m $4.3m
Goodwill and other impairments $270.0m $36.0m $977.0m $170.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $216.0m $0 $456.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $542.0m $499.0m $509.0m $366.0m $239.0m $433.0m $407.0m $701.0m $523.0m $1.4b
Income taxes $274.0m $1.0b ($1.2b) $479.0m $355.0m $287.0m $325.0m $508.0m $499.0m $1.3b
Net earnings $1.6b $1.0b $3.6b $2.1b $1.6b $2.0b $2.4b $3.2b $3.0b $3.2b
Other income ($245.0m) ($227.0m) ($181.0m) ($151.0m) ($269.0m) ($303.0m) ($158.0m) ($215.0m) ($197.0m) $232.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.9b $2.1b $2.4b $2.6b $2.0b $2.3b $2.7b $3.7b $3.5b $4.5b
Net Income (Loss) Attributable to Parent $1.6b $1.0b $3.6b $2.1b $1.6b $2.0b $2.4b $3.2b $3.0b $3.2b
Common Stock, Dividends, Per Share, Declared $1.56 $0.00 $0.00 $0.00 $4.26 $5.29 $6.23 $8.34 $7.86 $8.49
Earnings Per Share, Basic $4.40 $2.73 $9.50 $5.57 $4.26 $5.29 $6.23 $8.34 $7.86 $8.49
Earnings Per Share, Diluted $4.35 $2.68 $9.34 $5.48 $4.20 $5.21 $6.17 $8.25 $7.76 $8.40
Weighted Average Number of Shares Outstanding, Basic 374.1m 374.0m 374.1m 374.0m 375.5m 377.0m 378.2m 379.6m 381.0m 382.2m
Weighted Average Number of Shares Outstanding, Diluted 378.5m 380.1m 380.3m 379.9m 380.3m 382.3m 382.2m 383.7m 385.6m 386.5m
Current Income Tax Expense (Benefit) $320.0m $1.0b $385.0m $353.0m $307.0m $524.0m $267.0m $714.0m $869.0m $876.0m
Interest Expense (non-operating) $607.0m
Interest Expense, Debt $228.0m $247.0m $264.0m $287.0m $315.0m $337.0m $337.0m $356.0m $396.0m $582.0m
Interest expense ($363.0m) ($409.0m) ($607.0m)
Operating Lease, Expense $133.0m $130.0m $133.0m $149.0m $172.0m $190.0m $205.0m
Research and Development Expense $715.0m $787.0m $862.0m $971.0m $984.0m $1.2b $1.5b $1.4b $1.5b $1.6b
Research, development and engineering expenses $715.0m $787.0m $862.0m $971.0m $984.0m $1.2b $1.5b $1.4b $1.5b $1.6b
Selling, General and Administrative Expense $4.1b $4.6b $5.1b $5.4b $5.4b $6.4b $6.5b $7.1b $7.7b $8.7b
Selling, general and administrative expenses $4.1b $4.6b $5.1b $5.4b $5.4b $6.4b $6.5b $7.1b $7.7b $8.7b
Income Tax Expense (Benefit) $274.0m $1.0b ($1.2b) $479.0m $355.0m $287.0m $325.0m $508.0m $499.0m $1.3b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.