Stryker (SYK) Stock Analysis
This is a peer-relative look at Stryker (SYK): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | SYK |
|---|---|
| Name | Stryker Corporation |
| Country/Region | United States |
| GICS Sector | Health Care |
| GICS Industry Group | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment |
| Market Capitalization | 120.60 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | March 17, 1980 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Total Return (1Y) | -17.95% | 17.01% |
| Total Return (3Y, Annualized) | 3.10% | -0.94% |
| Total Return (5Y, Annualized) | 5.08% | -4.33% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 25.96% | 49.85% |
| Beta (5Y) | 0.77 | 0.87 |
| Max Drawdown (5Y) | -31.68% | -71.62% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.85 | 0.28 |
| Sortino Ratio (1Y) | -1.17 | 0.45 |
Profitability
ROE (TTM)
Stryker (SYK) posts ROE of 15.20%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
SYK
Health Care Equipment & Services industry group
15.20%
Group distribution
- Max
- 53.65%
- SYK
- 15.20%
- Q3
- 13.93%
- Median
- 3.71%
- Q1
- -16.92%
- Min
- -59.21%
Largest peers
- ISRG
- 17.42%
- SYK
- 15.20%
- UNH
- 14.15%
- MDT
- 9.84%
- CVS
- 3.75%
- ABT
- --
- MCK
- --
Net Margin (TTM)
Stryker (SYK) keeps 13.21% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
SYK
Health Care Equipment & Services industry group
13.21%
Group distribution
- Max
- 30.40%
- SYK
- 13.21%
- Q3
- 8.56%
- Median
- 1.55%
- Q1
- -9.20%
- Min
- -34.34%
Largest peers
- ISRG
- 28.45%
- SYK
- 13.21%
- MDT
- 13.20%
- ABT
- 11.65%
- UNH
- 3.14%
- MCK
- 1.18%
- CVS
- 0.72%
Operating Margin (TTM)
Stryker (SYK) turns 17.82% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
SYK
Health Care Equipment & Services industry group
17.82%
Group distribution
- Max
- 37.54%
- SYK
- 17.82%
- Q3
- 12.86%
- Median
- 5.54%
- Q1
- -4.10%
- Min
- -25.61%
Largest peers
- ISRG
- 33.75%
- MDT
- 22.05%
- SYK
- 17.82%
- ABT
- 14.15%
- UNH
- 7.13%
- CVS
- 4.12%
- MCK
- 2.21%
Profitability Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| ROE (TTM) | 15.20% | 3.71% |
| ROA (TTM) | 7.72% | 3.01% |
| Net Margin (TTM) | 13.21% | 1.55% |
| Operating Margin (TTM) | 17.82% | 5.54% |
| Gross Margin (TTM) | 64.70% | 54.20% |
Growth
Revenue Growth
Stryker (SYK) grew revenue 11.16%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
Stryker (SYK) grew earnings per share 8.25%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 11.16% | 11.75% |
| Revenue Growth (3Y CAGR) | 10.83% | 11.37% |
| EPS Growth (YoY) | 8.25% | 4.84% |
| EPS Growth (3Y CAGR) | 10.83% | 13.94% |
Financial Strength
Current Ratio (MRQ)
Stryker (SYK) has current ratio of 2.11, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
SYK
Health Care Equipment & Services industry group
2.11
Group distribution
- Max
- 7.79
- Q3
- 4.32
- SYK
- 2.11
- Median
- 2.03
- Q1
- 1.34
- Min
- 0.04
Largest peers
- ISRG
- 6.43
- MDT
- 2.13
- SYK
- 2.11
- CVS
- 0.87
- MCK
- 0.85
- UNH
- 0.78
- ABT
- --
Debt / Equity (MRQ)
Stryker (SYK) has debt-to-equity ratio of 0.66, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
SYK
Health Care Equipment & Services industry group
0.66
Group distribution
- Max
- 2.02
- Q3
- 0.99
- SYK
- 0.66
- Median
- 0.58
- Q1
- 0.15
- Min
- 0.00
Largest peers
- CVS
- 1.01
- UNH
- 0.69
- SYK
- 0.66
- ABT
- 0.65
- MDT
- 0.58
- ISRG
- --
- MCK
- --
Financial Strength Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 2.11 | 2.03 |
| Debt / Equity (MRQ) | 0.66 | 0.58 |
| Net Debt / EBITDA | 1.77 | 2.02 |
Dividends
Dividend Yield (TTM)
Stryker (SYK) has dividend yield of 1.08%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.
SYK
Health Care Equipment & Services industry group
1.08%
Group distribution
- SYK
- 1.08%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- MDT
- 3.41%
- CVS
- 2.47%
- ABT
- 2.44%
- SYK
- 1.08%
- UNH
- 1.05%
- MCK
- 0.38%
- ISRG
- 0.00%
Dividend Payout Ratio (TTM)
Stryker (SYK) has payout ratio of 39.81%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.
SYK
Health Care Equipment & Services industry group
39.81%
Group distribution
- SYK
- 39.81%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CVS
- 116.67%
- ABT
- 78.96%
- MDT
- 76.14%
- UNH
- 66.57%
- SYK
- 39.81%
- MCK
- 8.26%
- ISRG
- 0.00%
Dividend Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 1.08% | 0.00% |
| Dividend Payout Ratio (TTM) | 39.81% | 0.00% |
Valuation
P/E Ratio (TTM)
Stryker (SYK) trades at P/E ratio of 36.88, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
SYK
Health Care Equipment & Services industry group
36.88
Group distribution
- Max
- 73.47
- Q3
- 45.86
- SYK
- 36.88
- Median
- 30.56
- Q1
- 21.37
- Min
- 0.91
Largest peers
- CVS
- 47.26
- ISRG
- 40.47
- SYK
- 36.88
- ABT
- 32.89
- UNH
- 31.73
- MDT
- 22.32
- MCK
- 21.65
P/S Ratio (TTM)
Stryker (SYK) trades at 4.77 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
SYK
Health Care Equipment & Services industry group
4.77
Group distribution
- Max
- 8.58
- SYK
- 4.77
- Q3
- 4.23
- Median
- 2.05
- Q1
- 1.10
- Min
- 0.04
Largest peers
- ISRG
- 11.24
- SYK
- 4.77
- ABT
- 3.73
- MDT
- 2.90
- UNH
- 0.88
- CVS
- 0.35
- MCK
- 0.24
P/B Ratio (MRQ)
Stryker (SYK) trades at 5.25 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
SYK
Health Care Equipment & Services industry group
5.25
Group distribution
- Max
- 12.13
- Q3
- 5.82
- SYK
- 5.25
- Median
- 2.96
- Q1
- 1.56
- Min
- -2.02
Largest peers
- ISRG
- 7.10
- SYK
- 5.25
- UNH
- 3.78
- ABT
- 3.33
- MDT
- 2.13
- CVS
- 1.82
- MCK
- -45.79
Valuation Metrics
| Metric | Current stock: SYK | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 36.88 | 30.56 |
| P/S Ratio (TTM) | 4.77 | 2.05 |
| P/B Ratio (MRQ) | 5.25 | 2.96 |
| Free Cash Flow Yield (TTM) | 3.62% | 3.73% |