Stryker Free Cash Flow (FCF) History (SYK)
Stryker reported $4.28B in free cash flow for fiscal 2025, an increase of 22.83% from the previous fiscal year, with a free cash flow margin of 17.05%.
View full Stryker company overviewStryker free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.28B | $796.0M | +22.83% | +17.05% |
| 2024 | 2024-12-31 | $3.49B | $351.0M | +11.19% | +15.43% |
| 2023 | 2023-12-31 | $3.14B | $1.10B | +54.03% | +15.30% |
| 2022 | 2022-12-31 | $2.04B | −$702.0M | −25.64% | +11.04% |
| 2021 | 2021-12-31 | $2.74B | −$52.0M | −1.86% | +16.00% |
| 2020 | 2020-12-31 | $2.79B | $1.25B | +80.93% | +19.44% |
| 2019 | 2019-12-31 | $1.54B | −$496.0M | −24.34% | +10.36% |
| 2018 | 2018-12-31 | $2.04B | $1.08B | +112.07% | +14.98% |
| 2017 | 2017-12-31 | $961.0M | −$464.0M | −32.56% | +7.72% |
| 2016 | 2016-12-31 | $1.43B | $714.0M | +100.42% | +12.58% |
| 2015 | 2015-12-31 | $711.0M | −$838.0M | −54.10% | +7.15% |
| 2014 | 2014-12-31 | $1.55B | −$142.0M | −8.40% | +16.01% |
| 2013 | 2013-12-31 | $1.69B | $244.0M | +16.86% | +18.75% |
| 2012 | 2012-12-31 | $1.45B | $239.0M | +19.78% | +16.71% |
| 2011 | 2011-12-31 | $1.21B | −$157.0M | −11.50% | +14.54% |
| 2010 | 2010-12-31 | $1.36B | $35.0M | +2.63% | +18.65% |
| 2009 | 2009-12-31 | $1.33B | $309.3M | +30.30% | +19.78% |
| 2008 | 2008-12-31 | $1.02B | $180.1M | +21.43% | +15.19% |
| 2007 | 2007-12-31 | $840.6M | — | — | +14.01% |
Stryker quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.06B | $131.0M | +14.12% | +16.07% |
| Q1 2026 | 2026-03-31 | $415.0M | $288.0M | +226.77% | +6.89% |
| Q4 2025 | 2025-12-31 | $1.88B | $210.0M | +12.61% | +26.15% |
| Q3 2025 | 2025-09-30 | $1.35B | $49.0M | +3.76% | +22.34% |
| Q2 2025 | 2025-06-30 | $928.0M | $447.0M | +92.93% | +15.41% |
| Q1 2025 | 2025-03-31 | $127.0M | $90.0M | +243.24% | +2.17% |
| Q4 2024 | 2024-12-31 | $1.67B | $282.0M | +20.39% | +25.87% |
| Q3 2024 | 2024-09-30 | $1.30B | $402.0M | +44.57% | +23.73% |
| Q2 2024 | 2024-06-30 | $481.0M | −$55.0M | −10.26% | +8.87% |
| Q1 2024 | 2024-03-31 | $37.0M | −$278.0M | −88.25% | +0.71% |
| Q4 2023 | 2023-12-31 | $1.38B | $568.0M | +69.69% | +23.78% |
| Q3 2023 | 2023-09-30 | $902.0M | $151.0M | +20.11% | +18.37% |
| Q2 2023 | 2023-06-30 | $536.0M | $150.0M | +38.86% | +10.73% |
| Q1 2023 | 2023-03-31 | $315.0M | $231.0M | +275.00% | +6.59% |
| Q4 2022 | 2022-12-31 | $815.0M | $21.0M | +2.64% | +15.67% |
| Q3 2022 | 2022-09-30 | $751.0M | −$52.0M | −6.48% | +16.77% |
| Q2 2022 | 2022-06-30 | $386.0M | −$386.0M | −50.00% | +8.59% |
| Q1 2022 | 2022-03-31 | $84.0M | −$285.0M | −77.24% | +1.96% |
| Q4 2021 | 2021-12-31 | $794.0M | −$278.0M | −25.93% | +16.89% |
| Q3 2021 | 2021-09-30 | $803.0M | $43.0M | +5.66% | +19.30% |
| Q2 2021 | 2021-06-30 | $772.0M | $261.0M | +51.08% | +17.98% |
| Q1 2021 | 2021-03-31 | $369.0M | −$78.0M | −17.45% | +9.33% |
| Q4 2020 | 2020-12-31 | $1.07B | $536.0M | +100.00% | +25.15% |
| Q3 2020 | 2020-09-30 | $760.0M | $294.0M | +63.09% | +20.34% |
| Q2 2020 | 2020-06-30 | $511.0M | $162.0M | +46.42% | +18.49% |
| Q1 2020 | 2020-03-31 | $447.0M | $256.0M | +134.03% | +12.46% |
| Q4 2019 | 2019-12-31 | $536.0M | −$356.0M | −39.91% | +12.98% |
| Q3 2019 | 2019-09-30 | $466.0M | −$12.0M | −2.51% | +12.99% |
| Q2 2019 | 2019-06-30 | $349.0M | −$143.0M | −29.07% | +9.56% |
| Q1 2019 | 2019-03-31 | $191.0M | $15.0M | +8.52% | +5.43% |
| Q4 2018 | 2018-12-31 | $892.0M | $399.0M | +80.93% | +23.50% |
| Q3 2018 | 2018-09-30 | $478.0M | $541.0M | — | +14.74% |
| Q2 2018 | 2018-06-30 | $492.0M | −$27.0M | −5.20% | +14.81% |
| Q1 2018 | 2018-03-31 | $176.0M | $164.0M | +1366.67% | +5.43% |
| Q4 2017 | 2017-12-31 | $493.0M | −$22.0M | −4.27% | +14.20% |
| Q3 2017 | 2017-09-30 | −$63.0M | −$447.0M | — | −2.10% |
| Q2 2017 | 2017-06-30 | $519.0M | $140.0M | +36.94% | +17.23% |
| Q1 2017 | 2017-03-31 | $12.0M | −$135.0M | −91.84% | +0.41% |
| Q4 2016 | 2016-12-31 | $515.0M | −$159.0M | −23.59% | +16.31% |
| Q3 2016 | 2016-09-30 | $384.0M | $970.0M | — | +13.55% |
| Q2 2016 | 2016-06-30 | $379.0M | $90.0M | +31.14% | +13.35% |
| Q1 2016 | 2016-03-31 | $147.0M | −$187.0M | −55.99% | +5.89% |
| Q4 2015 | 2015-12-31 | $674.0M | $63.0M | +10.31% | +24.83% |
| Q3 2015 | 2015-09-30 | −$586.0M | −$1.07B | — | −24.21% |
| Q2 2015 | 2015-06-30 | $289.0M | −$23.0M | −7.37% | +11.88% |
| Q1 2015 | 2015-03-31 | $334.0M | $195.0M | +140.29% | +14.04% |
| Q4 2014 | 2014-12-31 | $611.0M | −$5.0M | −0.81% | +23.34% |
| Q3 2014 | 2014-09-30 | $487.0M | −$92.0M | −15.89% | +20.39% |
| Q2 2014 | 2014-06-30 | $312.0M | $3.0M | +0.97% | +13.20% |
| Q1 2014 | 2014-03-31 | $139.0M | −$48.0M | −25.67% | +6.03% |
| Q4 2013 | 2013-12-31 | $616.0M | $69.0M | +12.61% | +24.96% |
| Q3 2013 | 2013-09-30 | $579.0M | $68.0M | +13.31% | +26.92% |
| Q2 2013 | 2013-06-30 | $309.0M | −$97.0M | −23.89% | +13.97% |
| Q1 2013 | 2013-03-31 | $187.0M | $204.0M | — | +8.54% |
| Q4 2012 | 2012-12-31 | $547.0M | −$16.0M | −2.84% | +23.40% |
| Q3 2012 | 2012-09-30 | $511.0M | $122.0M | +31.36% | +24.90% |
| Q2 2012 | 2012-06-30 | $406.0M | $299.0M | +279.44% | +19.28% |
| Q1 2012 | 2012-03-31 | −$17.0M | −$166.0M | — | −0.79% |
| Q4 2011 | 2011-12-31 | $563.0M | $101.0M | +21.86% | +25.42% |
| Q3 2011 | 2011-09-30 | $389.0M | $19.0M | +5.14% | +19.15% |
| Q2 2011 | 2011-06-30 | $107.0M | −$182.3M | −63.01% | +5.23% |
| Q1 2011 | 2011-03-31 | $149.0M | −$94.7M | −38.86% | +7.39% |
| Q4 2010 | 2010-12-31 | $462.0M | −$37.0M | −7.41% | +23.16% |
| Q3 2010 | 2010-09-30 | $370.0M | −$67.2M | −15.37% | +20.93% |
| Q2 2010 | 2010-06-30 | $289.3M | $137.3M | +90.33% | +16.46% |
| Q1 2010 | 2010-03-31 | $243.7M | $1.9M | +0.79% | +13.55% |
| Q4 2009 | 2009-12-31 | $499.0M | $210.5M | +72.96% | +27.21% |
| Q3 2009 | 2009-09-30 | $437.2M | $238.1M | +119.59% | +26.44% |
| Q2 2009 | 2009-06-30 | $152.0M | — | — | +9.30% |
| Q1 2009 | 2009-03-31 | $241.8M | — | — | +15.10% |
| Q3 2008 | 2008-09-30 | $288.5M | — | — | +17.45% |
| Q2 2008 | 2008-06-30 | $199.1M | — | — | +11.63% |
Stryker free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.79B to $4.28B, a compound annual growth rate of 8.95%. Stryker's latest reported quarter, Q2 2026, generated $1.06B in free cash flow, an increase of 14.12% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Stryker filings at SEC.gov ↗