Selected Financial Data
since 2005
Income Statement
Stryker Corp., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Net sales | Operating income | Net earnings |
|---|---|---|---|
| Dec 31, 2021 | 17,108) | 2,584) | 1,994) |
| Dec 31, 2020 | 14,351) | 2,223) | 1,599) |
| Dec 31, 2019 | 14,884) | 2,713) | 2,083) |
| Dec 31, 2018 | 13,601) | 2,537) | 3,553) |
| Dec 31, 2017 | 12,444) | 2,290) | 1,020) |
| Dec 31, 2016 | 11,325) | 2,166) | 1,647) |
| Dec 31, 2015 | 9,946) | 1,861) | 1,439) |
| Dec 31, 2014 | 9,675) | 1,246) | 515) |
| Dec 31, 2013 | 9,021) | 1,256) | 1,006) |
| Dec 31, 2012 | 8,657) | 1,741) | 1,298) |
| Dec 31, 2011 | 8,307) | 1,686) | 1,345) |
| Dec 31, 2010 | 7,320) | 1,751) | 1,273) |
| Dec 31, 2009 | 6,723) | 1,594) | 1,107) |
| Dec 31, 2008 | 6,718) | 1,519) | 1,148) |
| Dec 31, 2007 | 6,001) | 1,307) | 1,017) |
| Dec 31, 2006 | 5,406) | 1,074) | 778) |
| Dec 31, 2005 | 4,872) | 999) | 675) |
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).
- Net Sales:
- The data shows a generally increasing trend in net sales over the years, with minor fluctuations in some periods. There was a notable jump in sales from 2016 to 2017 and a slight decrease in 2020 followed by a recovery in 2021.
- Operating Income:
- Operating income displayed a pattern of growth until 2014, then fluctuated in subsequent years. A significant increase was observed from 2017 to 2018, followed by a dip in 2019 and a recovery in 2020.
- Net Earnings:
- Net earnings followed a similar trajectory to operating income, peaking in 2017 before experiencing volatility in the following years. A substantial increase was noticed from 2016 to 2017, with a sharp decline in 2018 and a notable rebound in 2019.
Balance Sheet: Assets
Stryker Corp., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2021 | 10,017) | 34,631) |
| Dec 31, 2020 | 9,707) | 34,330) |
| Dec 31, 2019 | 11,360) | 30,167) |
| Dec 31, 2018 | 9,733) | 27,229) |
| Dec 31, 2017 | 7,993) | 22,197) |
| Dec 31, 2016 | 7,861) | 20,435) |
| Dec 31, 2015 | 7,944) | 16,247) |
| Dec 31, 2014 | 9,673) | 17,713) |
| Dec 31, 2013 | 8,335) | 15,743) |
| Dec 31, 2012 | 8,148) | 13,206) |
| Dec 31, 2011 | 7,211) | 12,405) |
| Dec 31, 2010 | 7,631) | 10,895) |
| Dec 31, 2009 | 5,851) | 9,071) |
| Dec 31, 2008 | 4,979) | 7,603) |
| Dec 31, 2007 | 4,905) | 7,354) |
| Dec 31, 2006 | 3,534) | 5,874) |
| Dec 31, 2005 | 2,870) | 4,944) |
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).
- Current Assets:
- The trend in current assets shows a general increase over the years, with a peak in Dec 31, 2019, followed by a slight decline by Dec 31, 2021.
- Total Assets:
- Total assets have been on an upward trajectory, experiencing steady growth with some fluctuations, reaching the highest value on Dec 31, 2021.
Balance Sheet: Liabilities and Stockholders’ Equity
Stryker Corp., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Long-term debt, including current maturities | Total Stryker shareholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2021 | 4,549) | 19,754) | 12,479) | 14,877) |
| Dec 31, 2020 | 5,041) | 21,246) | 13,991) | 13,084) |
| Dec 31, 2019 | 4,400) | 17,360) | 11,090) | 12,807) |
| Dec 31, 2018 | 4,807) | 15,499) | 9,859) | 11,730) |
| Dec 31, 2017 | 3,485) | 12,217) | 7,222) | 9,966) |
| Dec 31, 2016 | 3,148) | 10,885) | 6,914) | 9,550) |
| Dec 31, 2015 | 3,503) | —) | 4,022) | 8,511) |
| Dec 31, 2014 | 4,464) | —) | 3,973) | 8,595) |
| Dec 31, 2013 | 2,657) | —) | 2,764) | 9,047) |
| Dec 31, 2012 | 1,876) | —) | 1,762) | 8,597) |
| Dec 31, 2011 | 1,828) | —) | 1,768) | 7,683) |
| Dec 31, 2010 | 1,605) | —) | 1,022) | 7,174) |
| Dec 31, 2009 | 1,441) | —) | 18) | 6,595) |
| Dec 31, 2008 | 1,462) | —) | 21) | 5,407) |
| Dec 31, 2007 | 1,333) | —) | 17) | 5,379) |
| Dec 31, 2006 | 1,352) | —) | 15) | 4,191) |
| Dec 31, 2005 | 1,249) | —) | 232) | 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).
- Current Liabilities:
- The trend in current liabilities for Company Stryker Corp shows a gradual increase over the years, with fluctuations but a general uptrend, increasing from US$1.2 billion in 2005 to US$4.5 billion by 2021.
- Total Liabilities:
- The total liabilities data indicate missing values for earlier years but a consistent increase from US$10.9 billion in 2014 to US$19.8 billion in 2021, possibly reflecting the company's expanding financial obligations.
- Long-term Debt:
- The long-term debt depicted a fluctuating pattern, with substantial jumps and drops, notably rising from US$1.0 billion in 2010 to US$14.0 billion in 2021, indicating significant borrowing activities.
- Total Stryker Shareholders’ Equity:
- The shareholders' equity exhibited a relatively steady growth trajectory, increasing from US$3.3 billion in 2005 to US$14.9 billion by 2021, suggesting a positive trend in the company's net worth over the years.
Cash Flow Statement
Stryker Corp., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2021 | 3,263) | (859) | (2,365) |
| Dec 31, 2020 | 3,277) | (4,701) | (11) |
| Dec 31, 2019 | 2,191) | (1,455) | 3) |
| Dec 31, 2018 | 2,610) | (2,857) | 1,329) |
| Dec 31, 2017 | 1,559) | (1,613) | (794) |
| Dec 31, 2016 | 1,812) | (4,191) | 2,361) |
| Dec 31, 2015 | 899) | 1,956) | (1,141) |
| Dec 31, 2014 | 1,782) | (1,878) | 629) |
| Dec 31, 2013 | 1,886) | (2,217) | 300) |
| Dec 31, 2012 | 1,657) | (736) | (449) |
| Dec 31, 2011 | 1,434) | (2,135) | (161) |
| Dec 31, 2010 | 1,547) | (796) | 410) |
| Dec 31, 2009 | 1,461) | (1,328) | (193) |
| Dec 31, 2008 | 1,176) | 310) | (1,046) |
| Dec 31, 2007 | 1,028) | (1,178) | 14) |
| Dec 31, 2006 | 867) | (742) | (203) |
| Dec 31, 2005 | 864) | (903) | 202) |
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).
- Net cash provided by operating activities
- The trend in net cash provided by operating activities shows a general increase over the years, with a peak in 2021 at US$3,277 million. This indicates improving operational cash generation capabilities of the company.
- Net cash (used in) provided by investing activities
- There are fluctuations in net cash used in investing activities, with some years showing negative values, indicating investments in assets or acquisitions. The year 2020 stands out with a significant negative value of US$4,701 million, possibly due to substantial investment activities.
- Net cash provided by (used in) financing activities
- The net cash provided by financing activities displays variations across the years. Negative values in some years suggest debt repayments or investments financed by debt. The year 2015 shows a notable positive value of US$2,361 million, indicating significant financing activities.
Per Share Data
Stryker Corp., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2021 | 5.29 | 5.21 | 2.59 |
| Dec 31, 2020 | 4.26 | 4.20 | 2.36 |
| Dec 31, 2019 | 5.57 | 5.48 | 2.14 |
| Dec 31, 2018 | 9.50 | 9.34 | 1.93 |
| Dec 31, 2017 | 2.73 | 2.68 | 1.75 |
| Dec 31, 2016 | 4.40 | 4.35 | 1.57 |
| Dec 31, 2015 | 3.82 | 3.78 | 1.42 |
| Dec 31, 2014 | 1.36 | 1.34 | 1.26 |
| Dec 31, 2013 | 2.66 | 2.63 | 1.10 |
| Dec 31, 2012 | 3.41 | 3.39 | 0.90 |
| Dec 31, 2011 | 3.48 | 3.45 | 0.75 |
| Dec 31, 2010 | 3.21 | 3.19 | 0.63 |
| Dec 31, 2009 | 2.79 | 2.77 | 0.25 |
| Dec 31, 2008 | 2.81 | 2.78 | 0.40 |
| Dec 31, 2007 | 2.48 | 2.44 | 0.33 |
| Dec 31, 2006 | 1.91 | 1.89 | 0.22 |
| Dec 31, 2005 | 1.67 | 1.64 | 0.11 |
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, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings per Share:
- The basic earnings per share of Stryker Corp. has fluctuated over the years, generally showing an increasing trend from 2005 to 2021. There is a notable dip in 2013 and a peak in 2018, followed by a slight decrease in 2019 and 2020.
- Diluted Earnings per Share:
- Similar to basic earnings per share, the diluted earnings per share of Stryker Corp. has followed a pattern of increase over the years. The fluctuations mirror those of basic earnings per share, with some variance in the exact figures.
- Dividend per Share:
- The dividend per share distributed by Stryker Corp. has shown a steady upward trend from 2005 to 2021, with incremental increases observed almost every year. This indicates the company's commitment to rewarding its shareholders through dividend payments.