What is Stryker's EBITDA margin?

Latest reported EBITDA margin for Stryker (SYK) is 22.89% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Stryker EBITDA margin changed year-over-year?

Stryker (SYK) EBITDA margin changed +3.3 percentage points year-over-year on the latest annual filing.

When did Stryker EBITDA margin hit its highest annual value?

Stryker EBITDA margin reached its highest annual value of 30.29% in 2010.

What was Stryker EBITDA margin in 2024?

Stryker (SYK) EBITDA margin in 2024 was 21.85%.

What was Stryker EBITDA margin in 2025?

Stryker (SYK) EBITDA margin in 2025 was 25.14%.

Stryker (SYK) EBITDA Margin — Annual & Quarterly %

TTM

22.9%

YoY change

+3.28pp

Trough year (1990)

15.3%

Peak year (2010)

30.3%

EBITDA Margin history chart for Stryker (SYK) from 1985 to 2025

Latest: 25.1%

EBITDA Margin change chart for Stryker (SYK) from 1985 to 2025

Latest: +3.28pp

EBITDA Margin history table for Stryker (SYK) from 1985 to 2025


2025	25.1%	+3.28pp	Dec 31, 2025	Feb 11, 2026
2024	21.9%	-2.82pp	Dec 31, 2024	Feb 12, 2025
2023	24.7%	+2.89pp	Dec 31, 2023	Feb 14, 2024
2022	21.8%	+0.69pp	Dec 31, 2022	Feb 10, 2023
2021	21.1%	-0.38pp	Dec 31, 2021	Feb 11, 2022
2020	21.5%	-2.90pp	Dec 31, 2020	Feb 11, 2021
2019	24.4%	-0.21pp	Dec 31, 2019	Feb 6, 2020
2018	24.6%	+0.86pp	Dec 31, 2018	Feb 7, 2019
2017	23.7%	-0.07pp	Dec 31, 2017	Feb 8, 2018
2016	23.8%	+1.28pp	Dec 31, 2016	Feb 9, 2017
2015	22.5%	+5.46pp	Dec 31, 2015	Feb 11, 2016
2014	17.1%	-0.83pp	Dec 31, 2014	Feb 12, 2015
2013	17.9%	-5.78pp	Dec 31, 2013	Feb 13, 2014
2012	23.7%	-3.55pp	Dec 31, 2012	Feb 27, 2013
2011	27.2%	-3.07pp	Dec 31, 2011	Feb 13, 2012
2010	30.3%	+0.19pp	Dec 31, 2010	Feb 18, 2011
2009	30.1%	+0.36pp	Dec 31, 2009	Feb 26, 2010
2008	29.7%	+0.43pp	Dec 31, 2008	Feb 20, 2009
2007	29.3%	+2.58pp	Dec 31, 2007	Mar 3, 2008
2006	26.7%	+1.03pp	Dec 31, 2006	Feb 28, 2007
2005	25.7%	+2.84pp	Dec 31, 2005	Mar 7, 2006
2004	22.9%	-1.99pp	Dec 31, 2004	Mar 2, 2005
2003	24.9%	-0.08pp	Dec 31, 2003	Mar 12, 2004
2002	24.9%	+0.16pp	Dec 31, 2002	Mar 14, 2003
2001	24.8%	-1.39pp	Dec 31, 2001	Mar 15, 2002
2000	26.2%	+1.09pp	Dec 31, 2000	Mar 16, 2001
1999	25.1%	+3.13pp	Dec 31, 1999	Mar 15, 2000
1998	21.9%	-1.88pp	Dec 31, 1998	Mar 31, 1999
1997	23.8%	+5.27pp	Dec 31, 1997	Mar 26, 1998
1996	18.6%	-2.77pp	Dec 31, 1996	Mar 25, 1997
1995	21.3%	+0.59pp	Dec 31, 1995	Mar 28, 1996
1994	20.7%	+1.34pp	Dec 31, 1994	May 5, 1995
1993	19.4%	+1.56pp	Dec 31, 1993	Mar 24, 1994
1992	17.8%	+0.48pp	Dec 31, 1992	Dec 31, 1992
1991	17.4%	+2.10pp	Dec 31, 1991	Dec 31, 1991
1990	15.3%	-1.57pp	Dec 31, 1990	Dec 31, 1990
1989	16.8%	-1.32pp	Dec 31, 1989	Dec 31, 1989
1988	18.1%	+0.45pp	Dec 31, 1988	Dec 31, 1988
1987	17.7%	-0.56pp	Dec 31, 1987	Dec 31, 1987
1986	18.2%	+0.93pp	Dec 31, 1986	Dec 31, 1986
1985	17.3%	—	Dec 31, 1985	Dec 31, 1985

202525.1%+3.28pp
202421.9%-2.82pp
202324.7%+2.89pp
202221.8%+0.69pp
202121.1%-0.38pp
202021.5%-2.90pp
201924.4%-0.21pp
201824.6%+0.86pp
201723.7%-0.07pp
201623.8%+1.28pp
201522.5%+5.46pp
201417.1%-0.83pp
201317.9%-5.78pp
201223.7%-3.55pp
201127.2%-3.07pp
201030.3%+0.19pp
200930.1%+0.36pp
200829.7%+0.43pp
200729.3%+2.58pp
200626.7%+1.03pp
200525.7%+2.84pp
200422.9%-1.99pp
200324.9%-0.08pp
200224.9%+0.16pp
200124.8%-1.39pp
200026.2%+1.09pp
199925.1%+3.13pp
199821.9%-1.88pp
199723.8%+5.27pp
199618.6%-2.77pp
199521.3%+0.59pp
199420.7%+1.34pp
199319.4%+1.56pp
199217.8%+0.48pp
199117.4%+2.10pp
199015.3%-1.57pp
198916.8%-1.32pp
198818.1%+0.45pp
198717.7%-0.56pp
198618.2%+0.93pp
198517.3%—

EBITDA Margin values are taken from Stryker's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Stryker (SYK)

According to Stryker's latest reported financial statements, the company's latest reported EBITDA margin is 22.9%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported May 11, 2026). Chart and table below cover the full reported history back to 1985.

The 2025 reading of Stryker (SYK) EBITDA margin is 25.14% – expanded 3.3 percentage points year-over-year.

30.29% stands as the all-time-high annual EBITDA margin, posted in 2010, against a low of 15.25% during 1990.

Stryker EBITDA Margin by Year

Stryker EBITDA Margin 2025: 25.1%

2025's EBITDA margin for Stryker came in at 25.14%, expanded 3.3 percentage points from 2024.

Stryker EBITDA Margin 2024: 21.9%

Stryker posted EBITDA margin of 21.85% in 2024, contracted 2.8 percentage points from 2023.

Stryker EBITDA Margin 2023: 24.7%

In 2023, Stryker reported EBITDA margin of 24.67%, expanded 2.9 percentage points from 2022.

Stryker EBITDA Margin 2022: 21.8%

Stryker EBITDA margin in 2022 was 21.78%, expanded 0.7 percentage points from 2021.

Stryker EBITDA Margin 2021: 21.1%

Stryker EBITDA margin in 2021 was 21.09%.

See more financial history for Stryker (SYK).

Sector peers by EBITDA Margin

Healthcare peers of Stryker (SYK), ranked by their latest EBITDA margin


Novo Nordisk (NVO)	55.4%
Amgen (AMGN)	46.6%
Eli Lilly (LLY)	45.9%
Merck & Co. (MRK)	34.6%
AstraZeneca (AZN)	33.9%
Johnson & Johnson (JNJ)	30.3%
AbbVie (ABBV)	26.9%
UnitedHealth Group (UNH)	5.1%

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Stryker (SYK) Key Financials

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