Stock Analysis on Net
Stock Analysis on Net

Stryker Corp. (NYSE:SYK)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Common-Size Income Statement

Stryker Corp., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net sales 100.00 100.00 100.00 100.00 100.00
Cost of sales -35.89 -36.89 -34.86 -34.28 -34.32
Gross profit 64.11% 63.11% 65.14% 65.72% 65.68%
Research, development and engineering expenses -7.22 -6.86 -6.52 -6.34 -6.32
Selling, general and administrative expenses -37.57 -37.36 -35.98 -37.49 -36.58
Recall charges -0.60 -0.12 -1.29 -0.17 -1.39
Amortization of intangible assets -3.62 -3.29 -3.12 -3.07 -2.98
Operating expenses -49.01% -47.62% -46.92% -47.06% -47.28%
Operating income 15.10% 15.49% 18.23% 18.65% 18.40%
Interest expense -1.97 -2.19 -1.93 -1.94 -1.98
Other income (expense), net 0.20 0.32 0.91 0.61 0.16
Earnings before income taxes 13.33% 13.62% 17.21% 17.32% 16.58%
Income taxes -1.68 -2.47 -3.22 8.80 -8.38
Net earnings 11.66% 11.14% 13.99% 26.12% 8.20%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Stryker Corp. operating income as a percentage of net sales decreased from 2019 to 2020 and from 2020 to 2021.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Stryker Corp. earnings before income taxes as a percentage of net sales decreased from 2019 to 2020 and from 2020 to 2021.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Stryker Corp. net earnings as a percentage of net sales decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.