Stryker (SYK) Free Cash Flow (2009 - 2026)
Stryker's (SYK) quarterly Free Cash Flow came in at $1.1 billion in Q2 2026, up 14.12% year-over-year from $928.0 million in Q2 2025, and up 155.18% quarter-over-quarter from $415.0 million in Q1 2026.
Analysis
Stryker (SYK) Free Cash Flow (2009 - 2026) Analysis & Trends
Stryker (SYK) has reported Free Cash Flow for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 14.12% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $4.7 billion, a 16.85% increase from a year earlier, with the FY2025 full-year figure at $4.3 billion, up 22.83% from the prior year.
- Free Cash Flow was $1.1 billion for Q2 2026 at Stryker, up from $415.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.9 billion in Q4 2025 and troughed at $37.0 million in Q1 2024.
- A 5-year average of $800.9 million and a median of $783.0 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow soared 275.0% in 2023 and plunged 88.25% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $815.0 million in 2022, then jumped by 69.69% to $1.4 billion in 2023, then increased by 20.39% to $1.7 billion in 2024, then rose by 12.61% to $1.9 billion in 2025, then sank by 43.52% to $1.1 billion in 2026.
- The last three Free Cash Flow figures came in at $1.1 billion (Q2 2026), $415.0 million (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.26 Bn | 177.65 Bn | 7.27 Bn | 1.99 Bn |
| 2 | Intuitive Surgical | 124.84 Bn | 119.62 Bn | 1.96 Bn | 948.40 Mn |
| 3 | Medtronic | 117.90 Bn | 109.08 Bn | 6.34 Bn | 1.29 Bn |
| 4 | Stryker | 105.70 Bn | 102.22 Bn | 4.50 Bn | 1.06 Bn |
| 5 | Boston Scientific | 66.09 Bn | 65.55 Bn | 3.85 Bn | 1.28 Bn |
| 6 | Edwards Lifesciences | 49.48 Bn | 45.23 Bn | 1.35 Bn | 585.00 Mn |
| 7 | Alcon | 33.80 Bn | 32.35 Bn | 1.68 Bn | 606.00 Mn |
| 8 | Dexcom | 32.03 Bn | 30.09 Bn | 830.00 Mn | 184.50 Mn |
| 9 | Steris | 21.02 Bn | 20.53 Bn | 684.20 Mn | 279.60 Mn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 393.60 Mn |
Historic Data
Download Data
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 |