Stryker (SYK) Net Margin (2009 - 2026)
Stryker's (SYK) quarterly Net Margin came in at 12.38% in Q1 2026, up 123.0% year-on-year from 5.55% in Q1 2025, and up 4.53% on a QoQ basis from 11.84% in Q4 2025.
Stryker (SYK) Net Margin (2009 - 2026) Analysis & Trends
Stryker (SYK) has 18 years of Net Margin data on file, last reported at 12.38% in Q1 2026.
- On a quarterly basis, Net Margin rose 123.0% year-over-year to 12.38% in Q1 2026; TTM through Mar 2026 was 13.21%, a 89.0% increase from a year earlier, with the FY2025 full-year figure at 12.92%, down 32.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.38%, up from 11.84% in the prior quarter.
- Over the last five years, Net Margin for SYK reached as high as 19.66% in Q4 2023 and fell as low as 7.56% in Q1 2022.
- Historically, Net Margin has averaged 13.54% across 5 years, with a median of 14.18% in 2025.
- Across the five-year window, Net Margin surged 883 bps in 2023 and sank 1117 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 10.82% in 2022, then jumped by 82 bps to 19.66% in 2023, then slumped by 57 bps to 8.48% in 2024, then jumped by 40 bps to 11.84% in 2025, then rose by 5 bps to 12.38% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 12.38% in Q1 2026, 11.84% in Q4 2025, and 14.18% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.38% |
| Dec 31, 2025 | 11.84% |
| Sep 30, 2025 | 14.18% |
| Jun 30, 2025 | 14.68% |
| Mar 31, 2025 | 11.15% |
| Dec 31, 2024 | 8.48% |
| Sep 30, 2024 | 15.18% |
| Jun 30, 2024 | 15.22% |
| Mar 31, 2024 | 15.03% |
| Dec 31, 2023 | 19.66% |
| Sep 30, 2023 | 14.10% |
| Jun 30, 2023 | 14.77% |
| Mar 31, 2023 | 12.39% |
| Dec 31, 2022 | 10.82% |
| Sep 30, 2022 | 18.22% |
| Jun 30, 2022 | 14.60% |
| Mar 31, 2022 | 7.56% |
| Dec 31, 2021 | 14.08% |
| Sep 30, 2021 | 10.53% |
| Jun 30, 2021 | 13.79% |