STRYKER CORP (SYK) Fundamental Analysis & Valuation
NYSE:SYK • US8636671013
Current stock price
315.13 USD
-6.3 (-1.96%)
At close:
314 USD
-1.13 (-0.36%)
After Hours:
This SYK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SYK Profitability Analysis
1.1 Basic Checks
- SYK had positive earnings in the past year.
- SYK had a positive operating cash flow in the past year.
- In the past 5 years SYK has always been profitable.
- In the past 5 years SYK always reported a positive cash flow from operatings.
1.2 Ratios
- SYK has a better Return On Assets (6.78%) than 85.56% of its industry peers.
- SYK has a Return On Equity of 14.48%. This is amongst the best in the industry. SYK outperforms 88.77% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 11.20%, SYK belongs to the top of the industry, outperforming 91.44% of the companies in the same industry.
- SYK had an Average Return On Invested Capital over the past 3 years of 11.08%. This is in line with the industry average of 9.12%.
- The last Return On Invested Capital (11.20%) for SYK is above the 3 year average (11.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 14.48% | ||
| ROIC | 11.2% |
ROA(3y)7.23%
ROA(5y)6.77%
ROE(3y)15.34%
ROE(5y)14.72%
ROIC(3y)11.08%
ROIC(5y)10.41%
1.3 Margins
- SYK has a better Profit Margin (12.92%) than 87.70% of its industry peers.
- SYK's Profit Margin has improved in the last couple of years.
- SYK's Operating Margin of 22.66% is amongst the best of the industry. SYK outperforms 94.65% of its industry peers.
- In the last couple of years the Operating Margin of SYK has grown nicely.
- With a decent Gross Margin value of 64.57%, SYK is doing good in the industry, outperforming 68.98% of the companies in the same industry.
- SYK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.66% | ||
| PM (TTM) | 12.92% | ||
| GM | 64.57% |
OM growth 3Y3.78%
OM growth 5Y2.35%
PM growth 3Y0.37%
PM growth 5Y3.01%
GM growth 3Y0.78%
GM growth 5Y0.34%
2. SYK Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SYK is still creating some value.
- The number of shares outstanding for SYK has been increased compared to 1 year ago.
- SYK has more shares outstanding than it did 5 years ago.
- SYK has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.60 indicates that SYK is not in any danger for bankruptcy at the moment.
- With a decent Altman-Z score value of 4.60, SYK is doing good in the industry, outperforming 75.40% of the companies in the same industry.
- The Debt to FCF ratio of SYK is 3.70, which is a good value as it means it would take SYK, 3.70 years of fcf income to pay off all of its debts.
- SYK has a Debt to FCF ratio of 3.70. This is in the better half of the industry: SYK outperforms 79.14% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that SYK is somewhat dependend on debt financing.
- SYK's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. SYK is outperformed by 68.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 3.7 | ||
| Altman-Z | 4.6 |
ROIC/WACC1.33
WACC8.41%
2.3 Liquidity
- A Current Ratio of 1.89 indicates that SYK should not have too much problems paying its short term obligations.
- SYK's Current ratio of 1.89 is on the low side compared to the rest of the industry. SYK is outperformed by 65.24% of its industry peers.
- SYK has a Quick Ratio of 1.21. This is a normal value and indicates that SYK is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of SYK (1.21) is worse than 71.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.21 |
3. SYK Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 11.81% over the past year.
- Measured over the past years, SYK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.90% on average per year.
- Looking at the last year, SYK shows a quite strong growth in Revenue. The Revenue has grown by 11.16% in the last year.
- SYK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.84% yearly.
EPS 1Y (TTM)11.81%
EPS 3Y13.43%
EPS 5Y12.9%
EPS Q2Q%11.47%
Revenue 1Y (TTM)11.16%
Revenue growth 3Y10.83%
Revenue growth 5Y11.84%
Sales Q2Q%11.42%
3.2 Future
- Based on estimates for the next years, SYK will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.63% on average per year.
- SYK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.74% yearly.
EPS Next Y10.95%
EPS Next 2Y11.44%
EPS Next 3Y11.27%
EPS Next 5Y11.63%
Revenue Next Year8.97%
Revenue Next 2Y8.7%
Revenue Next 3Y8.53%
Revenue Next 5Y8.74%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. SYK Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.12, SYK is valued on the expensive side.
- 75.40% of the companies in the same industry are more expensive than SYK, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of SYK to the average of the S&P500 Index (26.54), we can say SYK is valued inline with the index average.
- A Price/Forward Earnings ratio of 20.84 indicates a rather expensive valuation of SYK.
- Based on the Price/Forward Earnings ratio, SYK is valued a bit cheaper than 78.07% of the companies in the same industry.
- SYK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.12 | ||
| Fwd PE | 20.84 |
4.2 Price Multiples
- SYK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SYK is cheaper than 74.87% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, SYK is valued a bit cheaper than 78.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.18 | ||
| EV/EBITDA | 19.58 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of SYK may justify a higher PE ratio.
PEG (NY)2.11
PEG (5Y)1.79
EPS Next 2Y11.44%
EPS Next 3Y11.27%
5. SYK Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.07%, SYK has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.25, SYK pays a better dividend. On top of this SYK pays more dividend than 93.05% of the companies listed in the same industry.
- With a Dividend Yield of 1.07, SYK pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
- On average, the dividend of SYK grows each year by 7.89%, which is quite nice.
- SYK has been paying a dividend for at least 10 years, so it has a reliable track record.
- SYK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.89%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
- SYK pays out 39.56% of its income as dividend. This is a sustainable payout ratio.
- SYK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.56%
EPS Next 2Y11.44%
EPS Next 3Y11.27%
SYK Fundamentals: All Metrics, Ratios and Statistics
315.13
-6.3 (-1.96%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Industry Strength9.94
Industry Growth61.49
Earnings (Last)01-29 2026-01-29/amc
Earnings (Next)04-30 2026-04-30/amc
Inst Owners81.56%
Inst Owner Change-0.72%
Ins Owners0.14%
Ins Owner Change8.31%
Market Cap120.69B
Revenue(TTM)25.12B
Net Income(TTM)3.25B
Analysts81.67
Price Target428.15 (35.86%)
Short Float %1.3%
Short Ratio2.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Yearly Dividend3.36
Dividend Growth(5Y)7.89%
DP39.56%
Div Incr Years16
Div Non Decr Years16
Ex-Date03-31 2026-03-31 (0.88)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.75%
Min EPS beat(2)0.69%
Max EPS beat(2)0.82%
EPS beat(4)4
Avg EPS beat(4)1.68%
Min EPS beat(4)0.69%
Max EPS beat(4)4.19%
EPS beat(8)7
Avg EPS beat(8)2.08%
EPS beat(12)11
Avg EPS beat(12)2.75%
EPS beat(16)13
Avg EPS beat(16)1.87%
Revenue beat(2)0
Avg Revenue beat(2)-0.57%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)-0.32%
Revenue beat(4)2
Avg Revenue beat(4)0.3%
Min Revenue beat(4)-0.82%
Max Revenue beat(4)1.82%
Revenue beat(8)5
Avg Revenue beat(8)0.46%
Revenue beat(12)8
Avg Revenue beat(12)1.06%
Revenue beat(16)10
Avg Revenue beat(16)0.95%
PT rev (1m)-1.16%
PT rev (3m)-1.76%
EPS NQ rev (1m)-0.39%
EPS NQ rev (3m)-2.62%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.04%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.12 | ||
| Fwd PE | 20.84 | ||
| P/S | 4.81 | ||
| P/FCF | 28.18 | ||
| P/OCF | 23.93 | ||
| P/B | 5.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.58 |
EPS(TTM)13.63
EY4.33%
EPS(NY)15.12
Fwd EY4.8%
FCF(TTM)11.18
FCFY3.55%
OCF(TTM)13.17
OCFY4.18%
SpS65.58
BVpS58.54
TBVpS-6.66
PEG (NY)2.11
PEG (5Y)1.79
Graham Number133.989 (-57.48%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 14.48% | ||
| ROCE | 14.21% | ||
| ROIC | 11.2% | ||
| ROICexc | 12.48% | ||
| ROICexgc | 40.86% | ||
| OM | 22.66% | ||
| PM (TTM) | 12.92% | ||
| GM | 64.57% | ||
| FCFM | 17.05% |
ROA(3y)7.23%
ROA(5y)6.77%
ROE(3y)15.34%
ROE(5y)14.72%
ROIC(3y)11.08%
ROIC(5y)10.41%
ROICexc(3y)12.43%
ROICexc(5y)11.56%
ROICexgc(3y)38.76%
ROICexgc(5y)35.83%
ROCE(3y)14.06%
ROCE(5y)13.21%
ROICexgc growth 3Y7.2%
ROICexgc growth 5Y7.27%
ROICexc growth 3Y6.64%
ROICexc growth 5Y7.51%
OM growth 3Y3.78%
OM growth 5Y2.35%
PM growth 3Y0.37%
PM growth 5Y3.01%
GM growth 3Y0.78%
GM growth 5Y0.34%
F-Score4
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 3.7 | ||
| Debt/EBITDA | 2.16 | ||
| Cap/Depr | 63.79% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 9.78 | ||
| Cash Conversion | 73.27% | ||
| Profit Quality | 131.95% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 4.6 |
F-Score4
WACC8.41%
ROIC/WACC1.33
Cap/Depr(3y)63.88%
Cap/Depr(5y)60.72%
Cap/Sales(3y)3.06%
Cap/Sales(5y)3.09%
Profit Quality(3y)115.85%
Profit Quality(5y)114.24%
High Growth Momentum
Growth
EPS 1Y (TTM)11.81%
EPS 3Y13.43%
EPS 5Y12.9%
EPS Q2Q%11.47%
EPS Next Y10.95%
EPS Next 2Y11.44%
EPS Next 3Y11.27%
EPS Next 5Y11.63%
Revenue 1Y (TTM)11.16%
Revenue growth 3Y10.83%
Revenue growth 5Y11.84%
Sales Q2Q%11.42%
Revenue Next Year8.97%
Revenue Next 2Y8.7%
Revenue Next 3Y8.53%
Revenue Next 5Y8.74%
EBIT growth 1Y12.78%
EBIT growth 3Y15.02%
EBIT growth 5Y14.47%
EBIT Next Year23.91%
EBIT Next 3Y14.63%
EBIT Next 5Y12.84%
FCF growth 1Y22.83%
FCF growth 3Y28.13%
FCF growth 5Y8.95%
OCF growth 1Y18.91%
OCF growth 3Y24.34%
OCF growth 5Y9.01%
STRYKER CORP / SYK Fundamental Analysis FAQ
What is the ChartMill fundamental rating of STRYKER CORP (SYK) stock?
ChartMill assigns a fundamental rating of 6 / 10 to SYK.
What is the valuation status of STRYKER CORP (SYK) stock?
ChartMill assigns a valuation rating of 4 / 10 to STRYKER CORP (SYK). This can be considered as Fairly Valued.
What is the profitability of SYK stock?
STRYKER CORP (SYK) has a profitability rating of 9 / 10.
Can you provide the expected EPS growth for SYK stock?
The Earnings per Share (EPS) of STRYKER CORP (SYK) is expected to grow by 10.95% in the next year.
How sustainable is the dividend of STRYKER CORP (SYK) stock?
The dividend rating of STRYKER CORP (SYK) is 7 / 10 and the dividend payout ratio is 39.56%.