Stryker Corp
NYSE:SYK
Income Statement
Earnings Waterfall
Stryker Corp
Revenue
|
20.5B
USD
|
Cost of Revenue
|
-7.4B
USD
|
Gross Profit
|
13.1B
USD
|
Operating Expenses
|
-8.7B
USD
|
Operating Income
|
4.4B
USD
|
Other Expenses
|
-1.2B
USD
|
Net Income
|
3.2B
USD
|
Income Statement
Stryker Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 021
N/A
|
9 136
+1%
|
9 287
+2%
|
9 525
+3%
|
9 675
+2%
|
9 749
+1%
|
9 818
+1%
|
9 849
+0%
|
9 946
+1%
|
10 062
+1%
|
10 470
+4%
|
10 883
+4%
|
11 325
+4%
|
11 785
+4%
|
11 957
+1%
|
12 130
+1%
|
12 444
+3%
|
12 730
+2%
|
13 040
+2%
|
13 276
+2%
|
13 601
+2%
|
13 876
+2%
|
14 204
+2%
|
14 549
+2%
|
14 884
+2%
|
14 956
+0%
|
14 070
-6%
|
14 220
+1%
|
14 351
+1%
|
14 716
+3%
|
16 246
+10%
|
16 669
+3%
|
17 108
+3%
|
17 430
+2%
|
17 629
+1%
|
17 948
+2%
|
18 449
+3%
|
18 952
+3%
|
19 455
+3%
|
19 885
+2%
|
20 498
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 931)
|
(2 987)
|
(3 070)
|
(3 210)
|
(3 319)
|
(3 345)
|
(3 352)
|
(3 332)
|
(3 344)
|
(3 306)
|
(3 454)
|
(3 610)
|
(3 770)
|
(3 961)
|
(4 015)
|
(4 075)
|
(4 185)
|
(4 289)
|
(4 401)
|
(4 479)
|
(4 620)
|
(4 731)
|
(4 854)
|
(4 990)
|
(5 083)
|
(5 126)
|
(5 057)
|
(5 103)
|
(5 193)
|
(5 468)
|
(5 749)
|
(5 876)
|
(6 107)
|
(6 009)
|
(6 197)
|
(6 471)
|
(6 812)
|
(7 026)
|
(7 182)
|
(7 236)
|
(7 399)
|
|
Gross Profit |
6 090
N/A
|
6 149
+1%
|
6 217
+1%
|
6 315
+2%
|
6 356
+1%
|
6 404
+1%
|
6 466
+1%
|
6 517
+1%
|
6 602
+1%
|
6 756
+2%
|
7 016
+4%
|
7 273
+4%
|
7 555
+4%
|
7 824
+4%
|
7 942
+2%
|
8 055
+1%
|
8 259
+3%
|
8 441
+2%
|
8 639
+2%
|
8 797
+2%
|
8 981
+2%
|
9 145
+2%
|
9 350
+2%
|
9 559
+2%
|
9 801
+3%
|
9 830
+0%
|
9 013
-8%
|
9 117
+1%
|
9 158
+0%
|
9 248
+1%
|
10 497
+14%
|
10 793
+3%
|
11 001
+2%
|
11 421
+4%
|
11 432
+0%
|
11 477
+0%
|
11 637
+1%
|
11 926
+2%
|
12 273
+3%
|
12 649
+3%
|
13 099
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 957)
|
(3 899)
|
(3 996)
|
(4 056)
|
(4 158)
|
(4 209)
|
(4 203)
|
(4 227)
|
(4 345)
|
(4 383)
|
(4 617)
|
(4 806)
|
(4 978)
|
(5 171)
|
(5 248)
|
(5 337)
|
(5 492)
|
(5 594)
|
(5 706)
|
(5 812)
|
(5 893)
|
(6 003)
|
(6 141)
|
(6 262)
|
(6 419)
|
(6 490)
|
(6 269)
|
(6 235)
|
(6 211)
|
(6 430)
|
(6 930)
|
(7 231)
|
(7 500)
|
(7 616)
|
(7 687)
|
(7 804)
|
(7 892)
|
(8 106)
|
(8 297)
|
(8 512)
|
(8 739)
|
|
Selling, General & Administrative |
(3 283)
|
(3 191)
|
(3 251)
|
(3 278)
|
(3 356)
|
(3 401)
|
(3 397)
|
(3 415)
|
(3 510)
|
(3 537)
|
(3 703)
|
(3 828)
|
(3 944)
|
(4 069)
|
(4 130)
|
(4 202)
|
(4 334)
|
(4 410)
|
(4 483)
|
(4 546)
|
(4 614)
|
(4 691)
|
(4 787)
|
(4 879)
|
(4 984)
|
(5 022)
|
(4 826)
|
(4 798)
|
(4 755)
|
(4 895)
|
(5 305)
|
(5 538)
|
(5 748)
|
(5 859)
|
(5 880)
|
(5 945)
|
(6 035)
|
(6 233)
|
(6 427)
|
(6 619)
|
(6 811)
|
|
Research & Development |
(536)
|
(557)
|
(583)
|
(600)
|
(614)
|
(616)
|
(612)
|
(614)
|
(625)
|
(632)
|
(661)
|
(690)
|
(715)
|
(748)
|
(757)
|
(771)
|
(787)
|
(799)
|
(823)
|
(846)
|
(862)
|
(883)
|
(913)
|
(938)
|
(971)
|
(1 000)
|
(987)
|
(983)
|
(984)
|
(1 000)
|
(1 051)
|
(1 089)
|
(1 133)
|
(1 169)
|
(1 208)
|
(1 245)
|
(1 230)
|
(1 235)
|
(1 231)
|
(1 249)
|
(1 293)
|
|
Depreciation & Amortization |
(138)
|
(151)
|
(162)
|
(178)
|
(188)
|
(192)
|
(194)
|
(198)
|
(210)
|
(214)
|
(253)
|
(288)
|
(319)
|
(354)
|
(361)
|
(364)
|
(371)
|
(385)
|
(400)
|
(420)
|
(417)
|
(429)
|
(441)
|
(445)
|
(464)
|
(468)
|
(456)
|
(454)
|
(472)
|
(535)
|
(574)
|
(604)
|
(619)
|
(588)
|
(599)
|
(614)
|
(627)
|
(638)
|
(639)
|
(644)
|
(635)
|
|
Operating Income |
2 133
N/A
|
2 250
+5%
|
2 221
-1%
|
2 259
+2%
|
2 198
-3%
|
2 195
0%
|
2 263
+3%
|
2 290
+1%
|
2 257
-1%
|
2 373
+5%
|
2 399
+1%
|
2 467
+3%
|
2 577
+4%
|
2 653
+3%
|
2 694
+2%
|
2 718
+1%
|
2 767
+2%
|
2 847
+3%
|
2 933
+3%
|
2 985
+2%
|
3 088
+3%
|
3 142
+2%
|
3 209
+2%
|
3 297
+3%
|
3 382
+3%
|
3 340
-1%
|
2 744
-18%
|
2 882
+5%
|
2 947
+2%
|
2 818
-4%
|
3 567
+27%
|
3 562
0%
|
3 501
-2%
|
3 805
+9%
|
3 745
-2%
|
3 673
-2%
|
3 745
+2%
|
3 820
+2%
|
3 976
+4%
|
4 137
+4%
|
4 360
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
(62)
|
0
|
0
|
0
|
(55)
|
13
|
7
|
2
|
(180)
|
34
|
56
|
78
|
(178)
|
83
|
96
|
107
|
(139)
|
137
|
140
|
149
|
(125)
|
165
|
158
|
140
|
(213)
|
79
|
72
|
68
|
(269)
|
66
|
68
|
79
|
(243)
|
93
|
84
|
73
|
(281)
|
|
Non-Reccuring Items |
(877)
|
(1 249)
|
(1 313)
|
(1 051)
|
(952)
|
(674)
|
(510)
|
(609)
|
(396)
|
(399)
|
(354)
|
(314)
|
(402)
|
(443)
|
(483)
|
(465)
|
(470)
|
(513)
|
(428)
|
(432)
|
(551)
|
(668)
|
(794)
|
(830)
|
(669)
|
(520)
|
(557)
|
(464)
|
(724)
|
(760)
|
(760)
|
(1 040)
|
(913)
|
(1 240)
|
(1 137)
|
(831)
|
(904)
|
(691)
|
(654)
|
(692)
|
(472)
|
|
Total Other Income |
(44)
|
(57)
|
(66)
|
(78)
|
(24)
|
(91)
|
(89)
|
(97)
|
(71)
|
(148)
|
(181)
|
(210)
|
(74)
|
(305)
|
(317)
|
(329)
|
(56)
|
(311)
|
(316)
|
(312)
|
(42)
|
(317)
|
(319)
|
(333)
|
(26)
|
(313)
|
(325)
|
(339)
|
(56)
|
(406)
|
(399)
|
(395)
|
(38)
|
(331)
|
(318)
|
(242)
|
85
|
(246)
|
(251)
|
(310)
|
66
|
|
Pre-Tax Income |
1 212
N/A
|
944
-22%
|
842
-11%
|
1 130
+34%
|
1 160
+3%
|
1 430
+23%
|
1 664
+16%
|
1 584
-5%
|
1 735
+10%
|
1 839
+6%
|
1 871
+2%
|
1 945
+4%
|
1 921
-1%
|
1 939
+1%
|
1 950
+1%
|
2 002
+3%
|
2 063
+3%
|
2 106
+2%
|
2 285
+8%
|
2 348
+3%
|
2 356
+0%
|
2 294
-3%
|
2 236
-3%
|
2 283
+2%
|
2 562
+12%
|
2 672
+4%
|
2 020
-24%
|
2 219
+10%
|
1 954
-12%
|
1 731
-11%
|
2 480
+43%
|
2 195
-11%
|
2 281
+4%
|
2 300
+1%
|
2 358
+3%
|
2 679
+14%
|
2 683
+0%
|
2 976
+11%
|
3 155
+6%
|
3 208
+2%
|
3 673
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(206)
|
(172)
|
(155)
|
(489)
|
(645)
|
(761)
|
(731)
|
(407)
|
(296)
|
(222)
|
(266)
|
(286)
|
(274)
|
(250)
|
(250)
|
(223)
|
(210)
|
(254)
|
(372)
|
(279)
|
(362)
|
(331)
|
(245)
|
(416)
|
(479)
|
(508)
|
(419)
|
(463)
|
(355)
|
(323)
|
(397)
|
(295)
|
(287)
|
(285)
|
(279)
|
(222)
|
(325)
|
(349)
|
(446)
|
(623)
|
(508)
|
|
Income from Continuing Operations |
1 006
|
772
|
687
|
641
|
515
|
669
|
933
|
1 177
|
1 439
|
1 617
|
1 605
|
1 659
|
1 647
|
1 689
|
1 700
|
1 779
|
1 853
|
1 852
|
1 913
|
2 069
|
1 994
|
1 963
|
1 991
|
1 867
|
2 083
|
2 164
|
1 601
|
1 756
|
1 599
|
1 408
|
2 083
|
1 900
|
1 994
|
2 015
|
2 079
|
2 457
|
2 358
|
2 627
|
2 709
|
2 585
|
3 165
|
|
Net Income (Common) |
1 006
N/A
|
772
-23%
|
687
-11%
|
641
-7%
|
515
-20%
|
669
+30%
|
933
+39%
|
1 177
+26%
|
1 439
+22%
|
1 617
+12%
|
1 605
-1%
|
1 659
+3%
|
1 647
-1%
|
1 689
+3%
|
1 700
+1%
|
1 779
+5%
|
1 020
-43%
|
1 019
0%
|
1 080
+6%
|
1 236
+14%
|
3 553
+187%
|
3 522
-1%
|
3 550
+1%
|
3 426
-3%
|
2 083
-39%
|
2 164
+4%
|
1 601
-26%
|
1 756
+10%
|
1 599
-9%
|
1 408
-12%
|
2 083
+48%
|
1 900
-9%
|
1 994
+5%
|
2 015
+1%
|
2 079
+3%
|
2 457
+18%
|
2 358
-4%
|
2 627
+11%
|
2 709
+3%
|
2 585
-5%
|
3 165
+22%
|
|
EPS (Diluted) |
2.63
N/A
|
2.02
-23%
|
1.79
-11%
|
1.67
-7%
|
1.35
-19%
|
1.74
+29%
|
2.44
+40%
|
3.08
+26%
|
3.78
+23%
|
4.27
+13%
|
4.24
-1%
|
4.39
+4%
|
4.35
-1%
|
4.46
+3%
|
4.49
+1%
|
4.69
+4%
|
2.68
-43%
|
2.67
0%
|
2.84
+6%
|
3.25
+14%
|
9.35
+188%
|
9.28
-1%
|
9.35
+1%
|
9
-4%
|
5.48
-39%
|
5.7
+4%
|
4.26
-25%
|
4.62
+8%
|
4.2
-9%
|
3.69
-12%
|
5.46
+48%
|
4.97
-9%
|
5.22
+5%
|
5.27
+1%
|
5.44
+3%
|
6.43
+18%
|
6.17
-4%
|
6.87
+11%
|
7.05
+3%
|
6.74
-4%
|
8.25
+22%
|