Stryker (SYK) Free Cash Flow (2009 - 2026)
Stryker's Free Cash Flow was $1.06 billion in Q2 2026, up 14.1% from $928 million a year earlier and up 155.2% from the prior quarter.
Stryker (SYK) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stryker's Free Cash Flow was $4.7 billion through Jun 30, 2026, up 16.8% year-over-year; for FY2025, it was $4.28 billion, up 22.8% from FY2024.
- Free Cash Flow has now increased for three consecutive years, with a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $3.49 billion in FY2024 (+11.2%), $3.14 billion in FY2023 (+54.0%), $2.04 billion in FY2022 (-25.6%) and $2.74 billion in FY2021 (-1.9%).
- Quarterly Free Cash Flow has moved between $37 million (Q1 2024) and $1.88 billion (Q4 2025) over five years.
- Compared with a year earlier, Free Cash Flow has increased for eight straight quarters, with growth averaging 82.3% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2023 (growth of 275.0%); the worst was Q1 2024 (a decline of 88.3%).
- Per Business Quant data, SYK's Free Cash Flow in the three quarters before Q2 2026 was $415 million (Q1 2026), $1.88 billion (Q4 2025) and $1.35 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 1.68 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 1.99 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 1.27 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 948.40 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 1.06 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 1.28 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 633.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 585.00 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 439.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Bn |
| Mar 31, 2026 | 415.00 Mn |
| Dec 31, 2025 | 1.88 Bn |
| Sep 30, 2025 | 1.35 Bn |
| Jun 30, 2025 | 928.00 Mn |
| Mar 31, 2025 | 127.00 Mn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 481.00 Mn |
| Mar 31, 2024 | 37.00 Mn |
| Dec 31, 2023 | 1.38 Bn |
| Sep 30, 2023 | 902.00 Mn |
| Jun 30, 2023 | 536.00 Mn |
| Mar 31, 2023 | 315.00 Mn |
| Dec 31, 2022 | 815.00 Mn |
| Sep 30, 2022 | 751.00 Mn |
| Jun 30, 2022 | 386.00 Mn |
| Mar 31, 2022 | 84.00 Mn |
| Dec 31, 2021 | 794.00 Mn |
| Sep 30, 2021 | 803.00 Mn |
Stryker Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SYK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "SYK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SYK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();