Stryker Past Earnings Performance
Past criteria checks 4/6
Stryker's earnings have been declining at an average annual rate of -3.8%, while the Medical Equipment industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 8.4% per year. Stryker's return on equity is 17%, and it has net margins of 15.4%.
Key information
-3.8%
Earnings growth rate
-4.2%
EPS growth rate
| Medical Equipment Industry Growth | 4.3% |
| Revenue growth rate | 8.4% |
| Return on equity | 17.0% |
| Net Margin | 15.4% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Stryker makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 20,498 | 3,165 | 6,943 | 1,301 |
| 30 Sep 23 | 19,885 | 2,585 | 6,678 | 1,364 |
| 30 Jun 23 | 19,455 | 2,709 | 6,491 | 1,367 |
| 31 Mar 23 | 18,952 | 2,627 | 6,278 | 1,372 |
| 31 Dec 22 | 18,449 | 2,358 | 6,114 | 1,454 |
| 30 Sep 22 | 17,948 | 2,457 | 6,014 | 1,372 |
| 30 Jun 22 | 17,629 | 2,079 | 5,925 | 1,322 |
| 31 Mar 22 | 17,430 | 2,015 | 5,929 | 1,281 |
| 31 Dec 21 | 17,108 | 1,994 | 5,752 | 1,235 |
| 30 Sep 21 | 16,669 | 1,900 | 5,525 | 1,159 |
| 30 Jun 21 | 16,246 | 2,083 | 5,297 | 1,095 |
| 31 Mar 21 | 14,716 | 1,408 | 4,900 | 1,018 |
| 31 Dec 20 | 14,351 | 1,599 | 4,759 | 984 |
| 30 Sep 20 | 14,220 | 1,756 | 4,766 | 983 |
| 30 Jun 20 | 14,070 | 1,601 | 4,824 | 987 |
| 31 Mar 20 | 14,956 | 2,164 | 4,995 | 1,000 |
| 31 Dec 19 | 14,884 | 2,083 | 4,968 | 971 |
| 30 Sep 19 | 14,549 | 3,426 | 4,970 | 938 |
| 30 Jun 19 | 14,204 | 3,550 | 4,914 | 913 |
| 31 Mar 19 | 13,876 | 3,522 | 4,864 | 883 |
| 31 Dec 18 | 13,601 | 3,553 | 4,808 | 862 |
| 30 Sep 18 | 13,276 | 1,236 | 4,687 | 846 |
| 30 Jun 18 | 13,040 | 1,080 | 4,556 | 823 |
| 31 Mar 18 | 12,730 | 1,019 | 4,484 | 799 |
| 31 Dec 17 | 12,444 | 1,020 | 4,380 | 787 |
| 30 Sep 17 | 12,130 | 1,779 | 4,239 | 771 |
| 30 Jun 17 | 11,957 | 1,700 | 4,167 | 757 |
| 31 Mar 17 | 11,785 | 1,689 | 4,076 | 748 |
| 31 Dec 16 | 11,325 | 1,647 | 3,941 | 715 |
| 30 Sep 16 | 10,883 | 1,659 | 3,828 | 690 |
| 30 Jun 16 | 10,470 | 1,605 | 3,703 | 661 |
| 31 Mar 16 | 10,062 | 1,617 | 3,591 | 632 |
| 31 Dec 15 | 9,946 | 1,439 | 3,511 | 625 |
| 30 Sep 15 | 9,849 | 1,177 | 3,445 | 614 |
| 30 Jun 15 | 9,818 | 933 | 3,417 | 612 |
| 31 Mar 15 | 9,749 | 669 | 3,381 | 616 |
| 31 Dec 14 | 9,675 | 515 | 3,356 | 614 |
| 30 Sep 14 | 9,525 | 641 | 2,851 | 600 |
| 30 Jun 14 | 9,287 | 687 | 3,147 | 583 |
| 31 Mar 14 | 9,136 | 772 | 3,305 | 557 |
| 31 Dec 13 | 9,021 | 1,006 | 3,345 | 536 |
| 30 Sep 13 | 8,891 | 890 | 4,046 | 526 |
| 30 Jun 13 | 8,792 | 1,140 | 3,700 | 504 |
Quality Earnings: SYK has high quality earnings.
Growing Profit Margin: SYK's current net profit margins (15.4%) are higher than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SYK's earnings have declined by 3.8% per year over the past 5 years.
Accelerating Growth: SYK's earnings growth over the past year (34.2%) exceeds its 5-year average (-3.8% per year).
Earnings vs Industry: SYK earnings growth over the past year (34.2%) exceeded the Medical Equipment industry -9.8%.
Return on Equity
High ROE: SYK's Return on Equity (17%) is considered low.