Stryker Corporation (SYK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,993,000 | 3,165,000 | 2,358,000 | 1,994,000 | 1,599,000 |
| Revenue | US$ in thousands | 22,595,000 | 20,498,000 | 18,449,000 | 17,108,000 | 14,351,000 |
| Net profit margin | 13.25% | 15.44% | 12.78% | 11.66% | 11.14% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,993,000K ÷ $22,595,000K
= 13.25%
The net profit margin of Stryker Corporation has shown a generally positive trend over the years, increasing from 11.14% in December 31, 2020, to 13.25% in December 31, 2024. This indicates that the company has been effectively managing its expenses relative to its revenue during this period. The notable rise in net profit margin from 2021 to 2023, peaking at 15.44% in December 31, 2023, suggests a strong performance in terms of profitability. However, the slight decrease in the net profit margin in 2024 to 13.25% could be worth monitoring to ensure continued financial health and efficiency in operations. Overall, the trend in Stryker Corporation's net profit margin reflects a positive trajectory, with some fluctuations that warrant attention for future analysis.
Peer comparison
Dec 31, 2024