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FMS vs. SYK: Fresenius Medical Care vs. Stryker Stock Comparison

How do Fresenius Medical Care (FMS) and Stryker (SYK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Fresenius Medical Care (FMS) and Stryker (SYK) both fall under the Health Care Equipment & Services industry group, but FMS is classified in Health Care Providers & Services while SYK is classified in Health Care Equipment & Supplies.

Stryker (SYK) trades as ordinary local shares, while Fresenius Medical Care (FMS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Fresenius Medical Care (FMS) and Stryker (SYK)
Profile ItemFMSSYK
NameFresenius Medical Care AG - Depositary ReceiptStryker Corp.
Country/RegionGermanyUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care ServicesHealth Care Equipment
Market Capitalization12.15 billion USD124.06 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateSeptember 17, 1996March 17, 1980
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

FMS
SYK
GSPC
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Fresenius Medical Care (FMS) vs. Stryker (SYK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Fresenius Medical Care (FMS) and Stryker (SYK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Fresenius Medical Care (FMS) and Stryker (SYK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Total Return (1Y)-0.71%-6.99%
Total Return (3Y, Annualized)13.88%7.60%
Total Return (5Y, Annualized)-4.69%4.64%

Risk Profile

Drawdown History

FMS
SYK
GSPC
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Fresenius Medical Care (FMS) vs. Stryker (SYK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Fresenius Medical Care (FMS) and Stryker (SYK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Volatility (1Y, Annualized)30.61%32.80%
Beta (5Y)0.770.72
Max Drawdown (5Y)-62.33%-32.47%
Avg. Volume (3M)954.21K2.81M

Risk-Adjusted Performance

Risk-Return Positioning

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FMS and SYK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Sharpe Ratio (1Y)-0.16-0.34
Sortino Ratio (1Y)-0.21-0.49

Profitability

ROE (TTM)

Stryker (SYK) at 16.02% sits in the top ROE quartile, while Fresenius Medical Care (FMS) at 7.84% is closer to the peer norm — stronger capital efficiency for SYK.

FMS

Health Care Equipment & Services industry group

7.84%

Max
47.61%
Q3
14.36%
FMS
7.84%
Median
5.45%
Q1
-10.67%
Min
-47.01%

SYK

Health Care Equipment & Services industry group

16.02%

Max
47.61%
SYK
16.02%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Stryker (SYK) at 13.78% retains a top-quartile share of revenue as profit, ahead of Fresenius Medical Care (FMS) at 4.22%, which keeps about the industry-typical share.

FMS

Health Care Equipment & Services industry group

4.22%

Max
29.35%
Q3
9.33%
FMS
4.22%
Median
2.18%
Q1
-6.29%
Min
-28.46%

SYK

Health Care Equipment & Services industry group

13.78%

Max
29.35%
SYK
13.78%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Stryker (SYK) at 22.96% operates in the top operating margin quartile, ahead of Fresenius Medical Care (FMS) at 9.63%, which runs around its industry’s norm.

FMS

Health Care Equipment & Services industry group

9.63%

Max
35.43%
Q3
14.14%
FMS
9.63%
Median
6.81%
Q1
-0.28%
Min
-16.29%

SYK

Health Care Equipment & Services industry group

22.96%

Max
35.43%
SYK
22.96%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
ROE (TTM)7.84%16.02%
ROA (TTM)3.94%8.36%
Net Margin (TTM)4.22%13.78%
Operating Margin (TTM)9.63%22.96%
Gross Margin (TTM)26.46%65.70%

Growth

Revenue Growth

Stryker (SYK) at 11.16% is around its peer norm for revenue growth, while Fresenius Medical Care (FMS) at 1.51% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Fresenius Medical Care (FMS) at 83.61% sits in the top EPS growth quartile, while Stryker (SYK) at 8.25% is closer to the peer norm — faster per-share earnings growth for FMS.

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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Revenue Growth (YoY)1.51%11.16%
Revenue Growth (3Y CAGR)0.39%10.83%
EPS Growth (YoY)83.61%8.25%
EPS Growth (3Y CAGR)13.47%10.83%

Financial Strength

Current Ratio (MRQ)

Stryker (SYK) at 2.18 keeps current ratio within its industry’s typical mid-range, while Fresenius Medical Care (FMS) at 0.99 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FMS.

FMS

Health Care Equipment & Services industry group

0.99

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
FMS
0.99
Min
0.30

SYK

Health Care Equipment & Services industry group

2.18

Max
7.59
Q3
4.00
SYK
2.18
Median
1.98
Q1
1.37
Min
0.30
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Fresenius Medical Care (FMS) at 0.79 and Stryker (SYK) at 0.66 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FMS

Health Care Equipment & Services industry group

0.79

Max
1.88
Q3
0.91
FMS
0.79
Median
0.58
Q1
0.16
Min
0.00

SYK

Health Care Equipment & Services industry group

0.66

Max
1.88
Q3
0.91
SYK
0.66
Median
0.58
Q1
0.16
Min
0.00
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Current Ratio (MRQ)0.992.18
Debt / Equity (MRQ)0.790.66
Net Debt / EBITDA3.631.62

Dividends

Dividend Yield (TTM)

Both Fresenius Medical Care (FMS) at 6.30% and Stryker (SYK) at 1.05% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

FMS

Health Care Equipment & Services industry group

6.30%

FMS
6.30%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SYK

Health Care Equipment & Services industry group

1.05%

SYK
1.05%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Fresenius Medical Care (FMS) at 50.14% and Stryker (SYK) at 37.49% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

FMS

Health Care Equipment & Services industry group

50.14%

FMS
50.14%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SYK

Health Care Equipment & Services industry group

37.49%

SYK
37.49%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
Dividend Yield (TTM)6.30%1.05%
Dividend Payout Ratio (TTM)50.14%37.49%

Valuation

P/E Ratio (TTM)

Fresenius Medical Care (FMS) at 13.53 sits in the cheaper P/E ratio quartile, while Stryker (SYK) at 34.70 is closer to its industry’s usual earnings multiple — a discount for FMS, though growth and earnings durability still matter.

FMS

Health Care Equipment & Services industry group

13.53

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
FMS
13.53
Min
4.21

SYK

Health Care Equipment & Services industry group

34.70

Max
80.41
Q3
47.62
SYK
34.70
Median
29.93
Q1
21.19
Min
4.21
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Fresenius Medical Care (FMS) at 0.62 looks cheap on sales in the lower P/S ratio quartile, while Stryker (SYK) at 4.72 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

FMS

Health Care Equipment & Services industry group

0.62

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
FMS
0.62
Min
0.03

SYK

Health Care Equipment & Services industry group

4.72

Max
8.80
SYK
4.72
Q3
4.32
Median
2.13
Q1
1.10
Min
0.03
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Fresenius Medical Care (FMS) at 0.85 sits in the lower P/B ratio quartile against book while Stryker (SYK) at 5.29 is valued near its industry’s middle — FMS is cheaper on assets, though weigh it against ROE and asset quality.

FMS

Health Care Equipment & Services industry group

0.85

Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
FMS
0.85
Min
-1.31

SYK

Health Care Equipment & Services industry group

5.29

Max
11.68
Q3
6.12
SYK
5.29
Median
3.00
Q1
1.73
Min
-1.31
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Fresenius Medical Care (FMS) vs. Stryker (SYK): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Fresenius Medical Care (FMS) and Stryker (SYK)
MetricFMSSYK
P/E Ratio (TTM)13.5334.70
P/S Ratio (TTM)0.624.72
P/B Ratio (MRQ)0.855.29
Free Cash Flow Yield (TTM)12.29%2.98%