OverviewSuggest Edit

Stryker is a medical technology company that operates through three business segments: Orthopedics, Medical and Surgical, Neurotechnology and Spine. The Orthopedics segment offers implants used in hip and knee joint replacements and trauma and extremities surgeries. The Medical and Surgical segment provides surgical equipment and navigation, endoscopic and communications systems, patient handling and emergency medical equipment, reprocessed and remanufactured medical devices. The Neurotechnology and Spine segment offers both neurosurgical and neurovascular devices used for minimally invasive endovascular techniques. 

TypePublic
Founded1941
HQPortage, US
Websitestryker.com
Employee Ratings4.2
Culture scoreA+

Latest Updates

Employees (est.) (Dec 2019)40,000(+12%)
Job Openings286
Revenue (FY, 2019)$14.9 B(+10%)
Share Price (May 2020)$191.6 (+3%)

Key People/Management at Stryker

Kevin Lobo

Kevin Lobo

CEO, Chairman
Mary K. Brainerd

Mary K. Brainerd

Director
Katherine A. Owen

Katherine A. Owen

Vice President, Strategy & Investor Relations Stryker Corporation
Kevin A. Lobo

Kevin A. Lobo

Chairman and Chief Executive Officer
Yin C. Becker

Yin C. Becker

Vice President, Communications and Public Affairs, Corporate Marketing
Srikant M. Datar

Srikant M. Datar

Director
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Stryker Office Locations

Stryker has offices in Portage, Chicago, Davie, Flower Mound and in 44 other locations
Portage, US (HQ)
2825 Airview Blvd
Chicago, US
350 North Orleans St. Suite 650 S
Davie, US
2555 Davie Rd
Flower Mound, US
571 Silveron Blvd
Fremont, US
47900 Bayside Pkwy
Greenwood Village, US
5670 Greenwood Plaza Blvd #200
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Stryker Financials and Metrics

Stryker Revenue

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View revenue for all periods
Stryker's revenue was reported to be $14.88 b in FY, 2019
USD

Revenue (Q1, 2020)

3.6b

Gross profit (Q1, 2020)

2.3b

Gross profit margin (Q1, 2020), %

65%

Net income (Q1, 2020)

493.0m

EBIT (Q1, 2020)

635.0m

Market capitalization (27-May-2020)

71.9b

Closing stock price (27-May-2020)

191.6

Cash (31-Mar-2020)

4.0b

EV

78.5b
Stryker's current market capitalization is $71.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.3b12.4b13.6b14.9b

Revenue growth, %

14%10%9%

Cost of goods sold

3.8b4.3b4.7b5.2b

Gross profit

7.5b8.2b8.9b9.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

3.0b3.0b3.0b3.2b3.3b3.2b3.5b3.7b3.6b3.6b

Cost of goods sold

993.0m1.0b1.0b1.1b1.1b1.1b1.2b1.3b1.3b1.3b

Gross profit

2.0b2.0b2.0b2.1b2.2b2.2b2.3b2.4b2.3b2.3b

Gross profit Margin, %

66%66%66%66%66%66%65%65%65%65%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.3b2.5b3.6b4.3b

Accounts Receivable

2.0b2.2b2.3b2.9b

Prepaid Expenses

480.0m537.0m747.0m760.0m

Inventories

2.0b2.5b3.0b3.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

3.2b3.6b2.6b2.2b1.6b1.9b1.7b1.8b1.9b4.0b

Accounts Receivable

1.9b1.9b2.0b2.1b2.1b2.1b2.3b2.4b2.4b2.6b

Prepaid Expenses

563.0m547.0m602.0m624.0m664.0m739.0m782.0m740.0m823.0m683.0m

Inventories

2.2b2.3b2.5b2.7b2.7b2.9b3.1b3.2b3.3b3.4b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.6b1.0b3.6b2.1b

Depreciation and Amortization

546.0m642.0m723.0m778.0m

Inventories

(299.0m)(320.0m)(385.0m)(400.0m)

Accounts Payable

(16.0m)21.0m116.0m63.0m
USDY, 2020

EV/EBIT

123.6 x

EV/CFO

132.8 x

Financial Leverage

2.2 x
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Stryker Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Patents (US)

1.90 k1.88 k2.18 k2.67 k3.07 k

Patents (Foreign)

3.40 k3.01 k3.45 k3.89 k4.72 k

Manufacturing Locations

42 42 43

Company-owned Locations

24 24 23
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Stryker Acquisitions / Subsidiaries

Company NameDateDeal Size
Wright Medical GroupNovember 04, 2019$4 b
Mobius ImagingOctober 21, 2019$500 m
OrthoSpaceMarch 03, 2019$220 m
Arrinex, Inc.February 25, 2019
HyperBranchOctober 11, 2018$220 m
InvuitySeptember 11, 2018$190 m
K2M GroupSeptember 03, 2018$1.40 b
Hygia Health ServicesMay 01, 2018
Entellus MedicalDecember 07, 2017
VeximOctober 24, 2017
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Stryker Revenue Breakdown

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Stryker revenue breakdown by business segment: 36.7% from Orthopaedics, 44.4% from MedSurg and 18.9% from Neurotechnology & Spine

Stryker revenue breakdown by geographic segment: 72.4% from United States, 13.2% from Europe, Middle East, Africa, 11.3% from Asia Pacific and 3.1% from Other

Stryker Online and Social Media Presence

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Stryker Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    95/100

  • Compensation

    A+

    90/100

  • Diversity

    A+

    87/100

Learn more on Comparably

Stryker News and Updates

Stryker announces pricing of $2.3 billion senior notes offering

Stryker (NYSE:SYK) (the “Company”) announced today that it has priced the following senior notes: (i) $650 million aggregate principal amount of the Company’s 1.150% Notes due 2025 (the “2025 Notes”), (ii) $1 billion aggregate principal amount of the Company’s 1.950% Notes due 2030 (the “2030 Notes”…

Stryker reports first quarter 2020 operating results

The response to the COVID-19 pandemic has included unprecedented measures to slow the spread of the virus taken by local governments and health care authorities globally, including the deferral of elective medical procedures and social contact restrictions, which have had a significant negative impa…

Stryker declares a $0.575 per share quarterly dividend

Kalamazoo, Michigan, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Kalamazoo, Michigan – February 5, 2020 – Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.575 per share payable on April 30, 2020 to shareholders of record at the close of business on March 31, 2…

Stryker increases dividend 11%, declaring a $0.575 per share quarterly dividend

Kalamazoo, Michigan, Dec. 04, 2019 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.575 per share payable on January 31, 2020 to shareholders of record at the close of business on December 31, 2019, representing an increase of app…

Stryker to buy Wright Medical in deal at 52% premium to 30-day average

Stryker to buy Wright Medical in deal at 52% premium to 30-day average

Stryker reports third quarter 2019 operating results

Kalamazoo, Michigan, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) reported operating results for the third quarter of 2019:
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Stryker Frequently Asked Questions

  • When was Stryker founded?

    Stryker was founded in 1941.

  • Who are Stryker key executives?

    Stryker's key executives are Kevin Lobo, Mary K. Brainerd and Katherine A. Owen.

  • How many employees does Stryker have?

    Stryker has 40,000 employees.

  • What is Stryker revenue?

    Latest Stryker annual revenue is $14.9 b.

  • What is Stryker revenue per employee?

    Latest Stryker revenue per employee is $372.1 k.

  • Who are Stryker competitors?

    Competitors of Stryker include Smith & Nephew, Johnson & Johnson and Medtronic.

  • Where is Stryker headquarters?

    Stryker headquarters is located at 2825 Airview Blvd, Portage.

  • Where are Stryker offices?

    Stryker has offices in Portage, Chicago, Davie, Flower Mound and in 44 other locations.

  • How many offices does Stryker have?

    Stryker has 55 offices.