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Stryker Corporation (NYSE: SYK)

Medical Devices ยท Kalamazoo, MI, United States ยท Founded 1941

$130.0B
Market Cap
$25.12B
Revenue
52,000
Employees
$3.25B
Net Income
๐Ÿ“Š Key Statistics for Stryker Corporation (SYK)
  • Market capitalization: $130.0 billion
  • Annual revenue: $25.12 billion
  • Net income: $3.25 billion
  • Employees: 52,000
  • Sector: Healthcare
  • Headquarters: Kalamazoo, United States
  • Founded: 1941

Source: Statvoo company profile for Stryker Corporation. Browse all 500+ companies

๐Ÿ“‹ About Stryker Corporation

Stryker Corporation is one of the world's largest medical technology companies, specializing in orthopedic implants, surgical equipment, and neurotechnology. The company's Mako robotic-arm assisted surgery system has become the gold standard in joint replacement procedures. Stryker also manufactures hospital beds, stretchers, and emergency medical equipment used in facilities worldwide.

๐Ÿ’ฐ How Stryker Corporation Makes Money

Stryker earns revenue from the sale of medical devices, implants, and surgical instruments, with a growing recurring revenue stream from robotic surgery system placements and associated consumables. The razor-and-blade model of placing Mako robots and selling per-procedure consumables drives long-term margin expansion.

๐Ÿ“œ Key Milestones

Founded in 1941 by orthopedic surgeon Homer Stryker in Kalamazoo, Michigan, the company went public in 1979. The acquisition of Mako Surgical in 2013 for $1.65 billion was initially questioned but proved transformative. Stryker has completed over 20 acquisitions since 2010, building a diversified medtech portfolio.

๐Ÿ“Š Financial Overview
Market Capitalization$130.0B
Annual Revenue$25.12B
Net Income$3.25B
Profit Margin13%
Revenue per Employee$483077K
Stock ExchangeNYSE
Ticker SymbolSYK

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Stryker's Mako robot has been used in over one million joint replacement procedures worldwide. The company's founder invented the turning frame hospital bed, which revolutionized care for patients with spinal injuries.

๐Ÿ“ Analyst Take

Stryker is a serial acquirer that actually integrates wellโ€”a rare combination in medtech. The Mako platform is a competitive moat that deepens with every hospital installation, and the aging global population is a demographic tailwind that won't quit.

โ“ Frequently Asked Questions

What is Stryker Corporation's revenue?

Stryker Corporation generates approximately $25.12 billion in annual revenue.

How many employees does Stryker Corporation have?

Stryker Corporation employs approximately 52,000 people worldwide.

What is Stryker Corporation's market cap?

Stryker Corporation (SYK) has a market capitalization of approximately $130.0 billion on the NYSE.

When was Stryker Corporation founded?

Stryker Corporation was founded in 1941 and is headquartered in Kalamazoo, MI, United States.

Who is the CEO of Stryker Corporation?

Kevin Lobo is the current CEO of Stryker Corporation.

What is Stryker Corporation's website?

Stryker Corporation's official website is stryker.com.