Stryker Corp., net profit margin, long-term trends, calculation

	Net profit margin	=	100	×	Net earnings¹	÷	Net sales¹
Dec 31, 2019	13.99%	=	100	×	2,083	÷	14,884
Dec 31, 2018	26.12%	=	100	×	3,553	÷	13,601
Dec 31, 2017	8.20%	=	100	×	1,020	÷	12,444
Dec 31, 2016	14.54%	=	100	×	1,647	÷	11,325
Dec 31, 2015	14.47%	=	100	×	1,439	÷	9,946
Dec 31, 2014	5.32%	=	100	×	515	÷	9,675
Dec 31, 2013	11.15%	=	100	×	1,006	÷	9,021
Dec 31, 2012	14.99%	=	100	×	1,298	÷	8,657
Dec 31, 2011	16.19%	=	100	×	1,345	÷	8,307
Dec 31, 2010	17.40%	=	100	×	1,273	÷	7,320
Dec 31, 2009	16.47%	=	100	×	1,107	÷	6,723
Dec 31, 2008	17.08%	=	100	×	1,148	÷	6,718
Dec 31, 2007	16.96%	=	100	×	1,017	÷	6,001
Dec 31, 2006	14.39%	=	100	×	778	÷	5,406
Dec 31, 2005	13.86%	=	100	×	675	÷	4,872

¹ US$ in millions

Stryker Corp., net profit margin, long-term trends, comparison to competitors

	Stryker Corp.	Becton, Dickinson & Co.	Boston Scientific Corp.	Danaher Corp.	Edwards Lifesciences Corp.	Intuitive Surgical Inc.	Medtronic PLC	Thermo Fisher Scientific Inc.	UnitedHealth Group Inc.
Dec 31, 2019	13.99%	7.13%	43.78%	16.80%	24.08%	30.80%	15.16%	14.47%	5.76%
Dec 31, 2018	26.12%	1.95%	17.01%	13.33%	19.40%	30.29%	10.36%	12.06%	5.33%
Dec 31, 2017	8.20%	9.10%	1.15%	13.60%	16.99%	21.09%	13.56%	10.64%	5.28%
Dec 31, 2016	14.54%	7.82%	4.14%	15.13%	19.22%	27.21%	12.27%	11.06%	3.81%
Dec 31, 2015	14.47%	6.76%	-3.20%	16.33%	19.85%	24.69%	13.20%	11.64%	3.72%
Dec 31, 2014	5.32%	14.03%	-1.61%	13.05%	34.92%	19.65%	18.02%	11.22%	4.33%
Dec 31, 2013	11.15%	16.05%	-1.69%	14.10%	19.15%	29.62%	20.90%	9.73%	4.62%
Dec 31, 2012	14.99%	15.18%	-56.12%	13.10%	15.43%	30.14%	22.35%	9.42%	5.03%
Dec 31, 2011	16.19%	16.23%	5.79%	13.50%	14.10%	28.17%	19.43%	11.34%	5.08%
Dec 31, 2010	17.40%	17.87%	-13.64%	13.58%	15.07%	27.02%	19.59%	9.60%	4.95%
Dec 31, 2009	16.47%	17.20%	-12.52%	10.30%	17.34%	22.11%	14.86%	8.41%	4.42%
Dec 31, 2008	17.08%	15.75%	-25.29%	10.38%	10.41%	23.35%	16.51%	9.47%	3.70%
Dec 31, 2007	16.96%	13.99%	-5.92%	12.42%	10.36%	24.06%	22.78%	7.81%	6.26%
Dec 31, 2006	14.39%	12.89%	-45.74%	11.69%	12.58%	19.33%	22.55%	4.46%	5.89%
Dec 31, 2005	13.86%	13.34%	10.00%	11.24%	7.95%	41.41%	17.94%	8.48%	7.36%

Stryker Corp., net profit margin, long-term trends, comparison to sector (health care equipment & services)

	Stryker Corp.	Health Care Equipment & Services
Dec 31, 2019	13.99%	9.73%
Dec 31, 2018	26.12%	8.11%
Dec 31, 2017	8.20%	7.36%
Dec 31, 2016	14.54%	6.79%
Dec 31, 2015	14.47%	6.81%
Dec 31, 2014	5.32%	7.49%
Dec 31, 2013	11.15%	8.19%
Dec 31, 2012	14.99%	6.54%
Dec 31, 2011	16.19%	9.02%
Dec 31, 2010	17.40%	7.99%
Dec 31, 2009	16.47%	6.65%
Dec 31, 2008	17.08%	5.73%
Dec 31, 2007	16.96%	8.67%
Dec 31, 2006	14.39%	5.31%
Dec 31, 2005	13.86%	10.11%

Stryker Corp., net profit margin, long-term trends, comparison to industry (health care)

Stryker Corp. (NYSE:SYK)

Net Profit Margin
since 2005