Aureus
AExcellent

Stryker Corporation(SYK)

A

Financial data as of Dec 31, 2025Improving · Healthcare

FCF Margin17.1%Free Cash Flow / Revenue
Cash Conversion155.4%Operating CF / Net Income
Free Cash Flow$4.3B
Revenue$25.1B
Net Cash-$11.8BNet debt position
Debt / FCF3.7xElevated debt burden
Current Ratio1.89Adequate short-term liquidity
YoY FCF Growth+12.6%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (17.1%, 3.7x)
→
+0.5Modest YoY FCF growth (12.6% YoY)
→
FinalA

Analysis Summary

Strengths

  • Strong FCF margin (17.1%)
  • Excellent cash conversion (155%)
  • FCF trend is improving

Concerns

  • Net debt position ($11.8B) — 3.7x FCF, manageable

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin17.1%
Net Margin12.9%
Operating CF Margin20.1%
CapEx Ratio3.0%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$11.8BNet debt position
Debt / FCF3.7xElevated debt burden
Current Ratio1.89Strong liquidity
Debt / Equity0.71Low leverage

Quarterly FCF Trend

+12.6% YoYImproving (+12.6%)

Free cash flow per quarter

Sector Comparison — Healthcare

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameStryker Corporation
SectorHealthcare
Free Cash Flow$4.3B
Revenue$25.1B
Net Income$3.2B
Operating Cash Flow$5.0B
Capital Expenditure$761.0M
FCF Margin17.1%
Cash Conversion Rate155.4%
Net Margin12.9%
Total Debt$15.9B
Total Cash$4.0B
Net Cash-$11.8B
Current Ratio1.89
Debt / Equity0.71
Debt / FCF3.7x
YoY FCF Growth+12.6%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2025
GradeA
Data SourceYahoo Finance