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Operating Income for Stryker (SYK)

According to Stryker's latest reported financial statements, the company's current operating income (TTM) is $5.64B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$5.64B

YoY change

-3.4%

5Y CAGR

+10.1%

Peak year (2024)

$5.06B

Cumulative operating income

$59.54B

Operating Income history chart for Stryker (SYK) from 1985 to 2025

Operating Income history table for Stryker (SYK) from 1985 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$4.89B-3.4%
2024$5.06B+18.2%
2023$4.28B+14.6%
2022$3.73B-0.8%
2021$3.76B+24.3%
2020$3.03B-10.6%
2019$3.39B+9.1%
2018$3.10B+12.2%
2017$2.77B+7.4%
2016$2.58B+14.4%
2015$2.25B+1.0%
2014$2.23B+6.2%
2013$2.10B+9.5%
2012$1.92B-2.7%
2011$1.97B+6.5%
2010$1.85B+7.3%
2009$1.72B+10.9%
2008$1.55B+17.1%
2007$1.33B+17.8%
2006$1.13B+16.7%
2005$966.00M+14.8%
2004$841.20M+23.7%
2003$680.30M+24.3%
2002$547.50M+16.0%
2001$472.00M+31.8%
2000$358.00M-402.4%
1999-$118.40M-162.7%
1998$188.80M+2.7%
1997$183.90M+37.0%
1996$134.20M-14.7%
1995$157.30M+30.5%
1994$120.50M+31.1%
1993$91.90M+24.7%
1992$73.70M+43.1%
1991$51.50M+44.3%
1990$35.70M+12.6%
1989$31.70M+20.1%
1988$26.40M+20.0%
1987$22.00M+20.2%
1986$18.30M+25.3%
1985$14.60M

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

Analysis

In 2025, Stryker (SYK) operating income totalled $4.89B – edged down 3.4% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Stryker operating income compounded at +10.1% per year, with the latest reading among the more recent periods of the dataset.

Between 2024 and 2025, Stryker operating income edged down 3.4%, falling from $5.06B to $4.89B.

$5.06B stands as the all-time-high annual operating income, posted in 2024, against a low of -$118.40M during 1999.

Stryker (SYK) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $22.84B.

Stryker Operating Income by Year

Stryker Operating Income 2025: $4.89B

Stryker operating income in 2025 was $4.89B, edged down 3.4% below 2024.

Stryker Operating Income 2024: $5.06B

Stryker operating income in 2024 was $5.06B, grew 18.2% from 2023. This figure represents the highest annual value in the available history.

Stryker Operating Income 2023: $4.28B

Stryker operating income in 2023 was $4.28B, grew 14.6% from 2022.

Stryker Operating Income 2022: $3.73B

Stryker operating income in 2022 was $3.73B, edged down 0.8% below 2021.

Stryker Operating Income 2021: $3.76B

Stryker operating income in 2021 was $3.76B.

See more financial history for Stryker (SYK).

Sector peers — Operating Income

Companies in the same sector as Stryker, ranked by their latest operating income.

CompanyOperating IncomeSector
Novo Nordisk A/S (NVO)$127.66BHealthcare
Eli Lilly and Company (LLY)$29.70BHealthcare
Merck & Co., Inc. (MRK)$26.78BHealthcare
Johnson & Johnson (JNJ)$25.60BHealthcare
AbbVie Inc. (ABBV)$20.09BHealthcare
UnitedHealth Group Incorporated (UNH)$18.96BHealthcare
AstraZeneca PLC (AZN)$13.74BHealthcare
Amgen Inc. (AMGN)$10.68BHealthcare

Frequently asked questions

What is Stryker's operating income?

Latest reported operating income for Stryker (SYK) is $5.64B (period ending December 31, 2025).

How has Stryker operating income changed year-over-year?

Stryker (SYK) operating income changed -3.4% year-over-year on the latest annual filing.

What is the long-term growth rate of Stryker operating income?

Stryker (SYK) operating income compound annual growth rate is +10.1% over the most recent 5 years available.

When did Stryker operating income hit its highest annual value?

Stryker operating income reached its highest annual value of $5.06B in 2024.

What was Stryker operating income in 2024?

Stryker (SYK) operating income in 2024 was $5.06B.

What was Stryker operating income in 2025?

Stryker (SYK) operating income in 2025 was $4.89B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.