Stryker (SYK) Operating Margin (2009 - 2026)
Stryker (SYK) posted quarterly Operating Margin of 25.18% for Q2 2026, up 670.0% year-over-year from 3.27% in Q2 2025, and up 61.94% on a QoQ basis from 15.55% in Q1 2026.
Stryker (SYK) Operating Margin (2009 - 2026) Analysis & Trends
Stryker has reported Operating Margin for 18 years, with the latest figure at 25.18% in Q2 2026.
- Operating Margin for Q2 2026 came in at 25.18%, up 670.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 21.42% (up 624.0% YoY), and the FY2025 annual result was 19.47%, up 314.0% from the prior year.
- Operating Margin advanced to 25.18% in Q2 2026, from 15.55% in the prior quarter.
- Over five years, Operating Margin peaked at 25.18% in Q2 2026 and troughed at 9.03% in Q4 2024.
- A 5-year average of 17.82% and a median of 18.51% in 2024 frame the typical range for Operating Margin.
- The widest annual swing landed in 2024, when Operating Margin slumped 1259 bps; it then soared 1613 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 15.65% in 2022, then soared by 38 bps to 21.62% in 2023, then sank by 58 bps to 9.03% in 2024, then jumped by 179 bps to 25.16% in 2025, then increased by 0 bps to 25.18% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 25.18% in Q2 2026, 15.55% in Q1 2026, and 25.16% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 19.15% |
| 10 | Zimmer Biomet Holdings | 19.32 Bn | 18.91 Bn | 1.54 Bn | 14.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.18% |
| Mar 31, 2026 | 15.55% |
| Dec 31, 2025 | 25.16% |
| Sep 30, 2025 | 18.74% |
| Jun 30, 2025 | 18.48% |
| Mar 31, 2025 | 14.27% |
| Dec 31, 2024 | 9.03% |
| Sep 30, 2024 | 19.75% |
| Jun 30, 2024 | 19.38% |
| Mar 31, 2024 | 18.54% |
| Dec 31, 2023 | 21.62% |
| Sep 30, 2023 | 18.97% |
| Jun 30, 2023 | 19.32% |
| Mar 31, 2023 | 15.38% |
| Dec 31, 2022 | 15.65% |
| Sep 30, 2022 | 18.04% |
| Jun 30, 2022 | 17.18% |
| Mar 31, 2022 | 10.46% |
| Dec 31, 2021 | 17.42% |
| Sep 30, 2021 | 13.80% |