Stryker annual operating margin
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2024
2025
Stryker Operating Margin Growth & History (SYK)
Stryker's operating margin was 19.47% for fiscal 2025.
View full Stryker company overviewStryker annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.47% | +3.14 pp |
| 2024 | 2024-12-31 | 16.33% | −2.64 pp |
| 2023 | 2023-12-31 | 18.97% | +3.57 pp |
| 2022 | 2022-12-31 | 15.40% | +0.30 pp |
| 2021 | 2021-12-31 | 15.10% | −0.39 pp |
| 2020 | 2020-12-31 | 15.49% | −2.74 pp |
| 2019 | 2019-12-31 | 18.23% | −0.43 pp |
| 2018 | 2018-12-31 | 18.65% | +0.19 pp |
| 2017 | 2017-12-31 | 18.46% | −0.75 pp |
| 2016 | 2016-12-31 | 19.21% | +0.49 pp |
| 2015 | 2015-12-31 | 18.71% | +5.83 pp |
| 2014 | 2014-12-31 | 12.88% | −1.04 pp |
| 2013 | 2013-12-31 | 13.92% | −6.19 pp |
| 2012 | 2012-12-31 | 20.11% | −0.19 pp |
| 2011 | 2011-12-31 | 20.30% | −3.62 pp |
| 2010 | 2010-12-31 | 23.92% | +0.21 pp |
| 2009 | 2009-12-31 | 23.71% | +1.10 pp |
| 2008 | 2008-12-31 | 22.61% | +0.82 pp |
| 2007 | 2007-12-31 | 21.79% | — |
Stryker quarterly operating margin
Q2.08
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 25.18% | +6.70 pp |
| Q1 2026 | 2026-03-31 | 15.55% | +1.28 pp |
| Q4 2025 | 2025-12-31 | 25.16% | +16.13 pp |
| Q3 2025 | 2025-09-30 | 18.74% | −1.01 pp |
| Q2 2025 | 2025-06-30 | 18.48% | −0.90 pp |
| Q1 2025 | 2025-03-31 | 14.27% | −4.27 pp |
| Q4 2024 | 2024-12-31 | 9.03% | −12.59 pp |
| Q3 2024 | 2024-09-30 | 19.75% | +0.78 pp |
| Q2 2024 | 2024-06-30 | 19.38% | +0.07 pp |
| Q1 2024 | 2024-03-31 | 18.54% | +3.16 pp |
| Q4 2023 | 2023-12-31 | 21.62% | +5.97 pp |
| Q3 2023 | 2023-09-30 | 18.97% | +0.93 pp |
| Q2 2023 | 2023-06-30 | 19.32% | +2.13 pp |
| Q1 2023 | 2023-03-31 | 15.38% | +4.93 pp |
| Q4 2022 | 2022-12-31 | 15.65% | −1.77 pp |
| Q3 2022 | 2022-09-30 | 18.04% | +4.24 pp |
| Q2 2022 | 2022-06-30 | 17.18% | +0.14 pp |
| Q1 2022 | 2022-03-31 | 10.46% | −1.16 pp |
| Q4 2021 | 2021-12-31 | 17.42% | −0.15 pp |
| Q3 2021 | 2021-09-30 | 13.80% | −9.19 pp |
| Q2 2021 | 2021-06-30 | 17.05% | +17.77 pp |
| Q1 2021 | 2021-03-31 | 11.61% | −6.09 pp |
| Q4 2020 | 2020-12-31 | 17.57% | −5.28 pp |
| Q3 2020 | 2020-09-30 | 22.99% | +5.48 pp |
| Q2 2020 | 2020-06-30 | −0.72% | −17.52 pp |
| Q1 2020 | 2020-03-31 | 17.70% | +2.68 pp |
| Q4 2019 | 2019-12-31 | 22.85% | +4.46 pp |
| Q3 2019 | 2019-09-30 | 17.51% | −0.26 pp |
| Q2 2019 | 2019-06-30 | 16.79% | −3.43 pp |
| Q1 2019 | 2019-03-31 | 15.02% | −3.22 pp |
| Q4 2018 | 2018-12-31 | 18.39% | −2.18 pp |
| Q3 2018 | 2018-09-30 | 17.77% | +0.30 pp |
| Q2 2018 | 2018-06-30 | 20.23% | +3.56 pp |
| Q1 2018 | 2018-03-31 | 18.24% | −0.58 pp |
| Q4 2017 | 2017-12-31 | 20.57% | −0.65 pp |
| Q3 2017 | 2017-09-30 | 17.47% | +0.31 pp |
| Q2 2017 | 2017-06-30 | 16.67% | −0.94 pp |
| Q1 2017 | 2017-03-31 | 18.82% | −1.99 pp |
| Q4 2016 | 2016-12-31 | 21.22% | −2.64 pp |
| Q3 2016 | 2016-09-30 | 17.15% | +1.54 pp |
| Q2 2016 | 2016-06-30 | 17.61% | −0.03 pp |
| Q1 2016 | 2016-03-31 | 20.80% | +3.74 pp |
| Q4 2015 | 2015-12-31 | 23.87% | +5.99 pp |
| Q3 2015 | 2015-09-30 | 15.62% | −3.22 pp |
| Q2 2015 | 2015-06-30 | 17.64% | +9.30 pp |
| Q1 2015 | 2015-03-31 | 17.07% | +11.38 pp |
| Q4 2014 | 2014-12-31 | 17.88% | +0.45 pp |
| Q3 2014 | 2014-09-30 | 18.84% | +11.86 pp |
| Q2 2014 | 2014-06-30 | 8.34% | −4.77 pp |
| Q1 2014 | 2014-03-31 | 5.68% | −11.94 pp |
| Q4 2013 | 2013-12-31 | 17.42% | +1.60 pp |
| Q3 2013 | 2013-09-30 | 6.97% | −14.96 pp |
| Q2 2013 | 2013-06-30 | 13.11% | −8.02 pp |
| Q1 2013 | 2013-03-31 | 17.63% | −4.40 pp |
| Q4 2012 | 2012-12-31 | 15.83% | −3.05 pp |
| Q3 2012 | 2012-09-30 | 21.93% | +0.07 pp |
| Q2 2012 | 2012-06-30 | 21.13% | +1.53 pp |
| Q1 2012 | 2012-03-31 | 22.03% | +1.03 pp |
| Q4 2011 | 2011-12-31 | 18.87% | −0.45 pp |
| Q3 2011 | 2011-09-30 | 21.86% | −4.78 pp |
| Q2 2011 | 2011-06-30 | 19.60% | −5.89 pp |
| Q1 2011 | 2011-03-31 | 20.99% | −3.82 pp |
| Q4 2010 | 2010-12-31 | 19.32% | −8.68 pp |
| Q3 2010 | 2010-09-30 | 26.64% | +7.81 pp |
| Q2 2010 | 2010-06-30 | 25.49% | +1.64 pp |
| Q1 2010 | 2010-03-31 | 24.81% | +1.13 pp |
| Q4 2009 | 2009-12-31 | 28.00% | +5.98 pp |
| Q3 2009 | 2009-09-30 | 18.84% | −4.57 pp |
| Q2 2009 | 2009-06-30 | 23.85% | — |
| Q1 2009 | 2009-03-31 | 23.68% | — |
| Q3 2008 | 2008-09-30 | 22.03% | — |
| Q2 2008 | 2008-06-30 | 23.41% | — |
Stryker operating margin trends
Over the last five reported fiscal years, Stryker's operating margin increased from 15.49% to 19.47%, a change of +3.98 percentage points. The latest reported quarter, Q2 2026, shows 25.18%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Stryker filings at SEC.gov ↗