Stock Analysis on Net

Stryker Corp. (NYSE:SYK)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Stryker Corp., asset turnover by geographic area

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
United States 7.18 6.36 7.02 7.31 8.22
Europe, Middle East, Africa 2.44 1.94 2.25 2.68 2.18
Asia Pacific 25.96 17.91 17.02 15.96 13.21
Other countries 5.20 5.74 5.78 2.40 8.44

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).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Europe, Middle East, Africa Europe, Middle East, Africa area asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Asia Pacific Asia Pacific area asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.
Other countries Other countries area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Area Asset Turnover: United States

Stryker Corp.; United States; area asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net sales 12,321 10,455 10,957 9,848 9,059
Net property, plant and equipment 1,717 1,645 1,561 1,348 1,102
Area Activity Ratio
Area asset turnover1 7.18 6.36 7.02 7.31 8.22

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).

1 2021 Calculation
Area asset turnover = Net sales ÷ Net property, plant and equipment
= 12,321 ÷ 1,717 = 7.18

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Area Asset Turnover: Europe, Middle East, Africa

Stryker Corp.; Europe, Middle East, Africa; area asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net sales 2,299 1,818 1,888 1,793 1,567
Net property, plant and equipment 941 938 838 669 718
Area Activity Ratio
Area asset turnover1 2.44 1.94 2.25 2.68 2.18

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).

1 2021 Calculation
Area asset turnover = Net sales ÷ Net property, plant and equipment
= 2,299 ÷ 941 = 2.44

Area activity ratio Geographic area The company
Area asset turnover Europe, Middle East, Africa Europe, Middle East, Africa area asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Area Asset Turnover: Asia Pacific

Stryker Corp.; Asia Pacific; area asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net sales 1,973 1,630 1,617 1,532 1,413
Net property, plant and equipment 76 91 95 96 107
Area Activity Ratio
Area asset turnover1 25.96 17.91 17.02 15.96 13.21

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).

1 2021 Calculation
Area asset turnover = Net sales ÷ Net property, plant and equipment
= 1,973 ÷ 76 = 25.96

Area activity ratio Geographic area The company
Area asset turnover Asia Pacific Asia Pacific area asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Area Asset Turnover: Other countries

Stryker Corp.; Other countries; area asset turnover calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Net sales 515 448 422 428 405
Net property, plant and equipment 99 78 73 178 48
Area Activity Ratio
Area asset turnover1 5.20 5.74 5.78 2.40 8.44

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).

1 2021 Calculation
Area asset turnover = Net sales ÷ Net property, plant and equipment
= 515 ÷ 99 = 5.20

Area activity ratio Geographic area The company
Area asset turnover Other countries Other countries area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Net sales

Stryker Corp., net sales by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
United States 12,321 10,455 10,957 9,848 9,059
Europe, Middle East, Africa 2,299 1,818 1,888 1,793 1,567
Asia Pacific 1,973 1,630 1,617 1,532 1,413
Other countries 515 448 422 428 405
Total 17,108 14,351 14,884 13,601 12,444

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).


Net property, plant and equipment

Stryker Corp., net property, plant and equipment by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
United States 1,717 1,645 1,561 1,348 1,102
Europe, Middle East, Africa 941 938 838 669 718
Asia Pacific 76 91 95 96 107
Other countries 99 78 73 178 48
Total 2,833 2,752 2,567 2,291 1,975

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).