← 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.