Return on Equity (ROE)
since 2005
Calculation
Stryker Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings1 | ÷ | Total Stryker shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 13.40% | = | 100 | × | 1,994) | ÷ | 14,877) |
| Dec 31, 2020 | 12.22% | = | 100 | × | 1,599) | ÷ | 13,084) |
| Dec 31, 2019 | 16.26% | = | 100 | × | 2,083) | ÷ | 12,807) |
| Dec 31, 2018 | 30.29% | = | 100 | × | 3,553) | ÷ | 11,730) |
| Dec 31, 2017 | 10.23% | = | 100 | × | 1,020) | ÷ | 9,966) |
| Dec 31, 2016 | 17.25% | = | 100 | × | 1,647) | ÷ | 9,550) |
| Dec 31, 2015 | 16.91% | = | 100 | × | 1,439) | ÷ | 8,511) |
| Dec 31, 2014 | 5.99% | = | 100 | × | 515) | ÷ | 8,595) |
| Dec 31, 2013 | 11.12% | = | 100 | × | 1,006) | ÷ | 9,047) |
| Dec 31, 2012 | 15.10% | = | 100 | × | 1,298) | ÷ | 8,597) |
| Dec 31, 2011 | 17.51% | = | 100 | × | 1,345) | ÷ | 7,683) |
| Dec 31, 2010 | 17.75% | = | 100 | × | 1,273) | ÷ | 7,174) |
| Dec 31, 2009 | 16.79% | = | 100 | × | 1,107) | ÷ | 6,595) |
| Dec 31, 2008 | 21.23% | = | 100 | × | 1,148) | ÷ | 5,407) |
| Dec 31, 2007 | 18.92% | = | 100 | × | 1,017) | ÷ | 5,379) |
| Dec 31, 2006 | 18.56% | = | 100 | × | 778) | ÷ | 4,191) |
| Dec 31, 2005 | 20.76% | = | 100 | × | 675) | ÷ | 3,252) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Stryker Corp., ROE, long-term trends, comparison to competitors
| Stryker Corp. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Danaher Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | Shockwave Medical Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 13.40% | 19.75% | 11.39% | 10.54% | 14.24% | 16.93% | 18.24% | 14.32% | 7.01% | -3.78% | 24.09% |
| Dec 31, 2020 | 12.22% | 13.71% | 16.81% | 10.35% | 9.17% | 13.77% | 24.53% | 10.90% | 9.44% | -29.11% | 23.52% |
| Dec 31, 2019 | 16.26% | 11.86% | 11.26% | 10.39% | 9.94% | 15.15% | 22.49% | 16.69% | 9.25% | -26.53% | 24.02% |
| Dec 31, 2018 | 30.29% | 7.76% | 6.43% | -1.02% | 9.40% | 13.14% | 16.56% | 16.89% | 6.12% | — | 23.19% |
| Dec 31, 2017 | 10.23% | 1.54% | 16.32% | 17.57% | 9.45% | 14.50% | 24.87% | 13.97% | 8.01% | — | 22.10% |
| Dec 31, 2016 | 17.25% | 6.82% | 13.60% | 14.44% | 11.10% | 9.84% | 5.75% | 12.74% | 6.80% | — | 18.33% |
| Dec 31, 2015 | 16.91% | 20.85% | 17.40% | 14.08% | 14.17% | 11.11% | 12.33% | 13.63% | 5.03% | — | 17.18% |
| Dec 31, 2014 | 5.99% | 10.61% | 19.51% | 12.23% | 11.11% | 10.60% | 11.89% | 12.39% | 15.76% | — | 17.31% |
| Dec 31, 2013 | 11.12% | 10.23% | 13.97% | 12.10% | 12.04% | 10.05% | 13.21% | 19.16% | 18.57% | — | 17.50% |
| Dec 31, 2012 | 15.10% | 22.32% | 16.61% | 10.28% | 12.58% | 11.16% | 13.81% | 18.34% | 21.14% | — | 17.72% |
| Dec 31, 2011 | 17.51% | 19.35% | 15.90% | 9.10% | 12.85% | 11.36% | 17.60% | 18.71% | 19.39% | — | 18.17% |
| Dec 31, 2010 | 17.75% | 20.66% | 20.24% | 9.09% | 13.08% | 12.12% | 15.88% | 18.74% | 21.18% | — | 17.94% |
| Dec 31, 2009 | 16.79% | 25.14% | 24.04% | 10.33% | 9.90% | 19.09% | 18.00% | 15.13% | 16.88% | — | 16.19% |
| Dec 31, 2008 | 21.23% | 27.92% | 8.13% | 9.29% | 13.43% | 11.62% | 14.52% | 16.13% | 19.34% | — | 14.33% |
| Dec 31, 2007 | 18.92% | 20.28% | 23.48% | 8.42% | 15.08% | 14.55% | 20.69% | 16.26% | 25.53% | — | 23.20% |
| Dec 31, 2006 | 18.56% | 12.22% | 26.67% | 13.80% | 16.89% | 12.59% | 15.96% | 12.22% | 27.14% | — | 19.99% |
| Dec 31, 2005 | 20.76% | 23.39% | 30.32% | 14.70% | 17.67% | 9.86% | 12.47% | 21.27% | 17.26% | — | 18.61% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Stryker Corp., ROE, long-term trends, comparison to sector (health care equipment & services)
| Stryker Corp. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2021 | 13.40% | 14.95% |
| Dec 31, 2020 | 12.22% | 14.48% |
| Dec 31, 2019 | 16.26% | 13.84% |
| Dec 31, 2018 | 30.29% | 9.39% |
| Dec 31, 2017 | 10.23% | 13.46% |
| Dec 31, 2016 | 17.25% | 11.29% |
| Dec 31, 2015 | 16.91% | 12.80% |
| Dec 31, 2014 | 5.99% | 13.37% |
| Dec 31, 2013 | 11.12% | 13.46% |
| Dec 31, 2012 | 15.10% | 15.49% |
| Dec 31, 2011 | 17.51% | 14.75% |
| Dec 31, 2010 | 17.75% | 15.16% |
| Dec 31, 2009 | 16.79% | 16.57% |
| Dec 31, 2008 | 21.23% | 14.61% |
| Dec 31, 2007 | 18.92% | 16.83% |
| Dec 31, 2006 | 18.56% | 16.84% |
| Dec 31, 2005 | 20.76% | 16.90% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Stryker Corp., ROE, long-term trends, comparison to industry (health care)
| Stryker Corp. | Health Care | |
|---|---|---|
| Dec 31, 2021 | 13.40% | 23.00% |
| Dec 31, 2020 | 12.22% | 16.14% |
| Dec 31, 2019 | 16.26% | 21.17% |
| Dec 31, 2018 | 30.29% | 17.64% |
| Dec 31, 2017 | 10.23% | 14.44% |
| Dec 31, 2016 | 17.25% | 18.00% |
| Dec 31, 2015 | 16.91% | 18.21% |
| Dec 31, 2014 | 5.99% | 18.74% |
| Dec 31, 2013 | 11.12% | 18.27% |
| Dec 31, 2012 | 15.10% | 17.42% |
| Dec 31, 2011 | 17.51% | 15.35% |
| Dec 31, 2010 | 17.75% | 14.63% |
| Dec 31, 2009 | 16.79% | 19.52% |
| Dec 31, 2008 | 21.23% | 18.97% |
| Dec 31, 2007 | 18.92% | 17.18% |
| Dec 31, 2006 | 18.56% | 20.41% |
| Dec 31, 2005 | 20.76% | 18.45% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).