Stryker Corporation (SYK)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,993,000 | 3,590,000 | 3,448,000 | 3,361,000 | 3,165,000 | 2,585,000 | 2,709,000 | 2,627,000 | 2,358,000 | 2,457,000 | 2,079,000 | 2,015,000 | 1,994,000 | 1,900,000 | 2,083,000 | 1,408,000 | 1,599,000 | 1,756,000 | 1,601,000 | 2,164,000 |
| Revenue (ttm) | US$ in thousands | 22,595,000 | 21,974,000 | 21,389,000 | 20,963,000 | 20,498,000 | 19,885,000 | 19,455,000 | 18,952,000 | 18,449,000 | 17,948,000 | 17,629,000 | 17,430,000 | 17,108,000 | 16,669,000 | 16,246,000 | 14,716,000 | 14,351,000 | 14,220,000 | 14,070,000 | 14,956,000 |
| Net profit margin | 13.25% | 16.34% | 16.12% | 16.03% | 15.44% | 13.00% | 13.92% | 13.86% | 12.78% | 13.69% | 11.79% | 11.56% | 11.66% | 11.40% | 12.82% | 9.57% | 11.14% | 12.35% | 11.38% | 14.47% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,993,000K ÷ $22,595,000K
= 13.25%
Net profit margin is a key financial ratio that indicates the proportion of revenue that translates into net profit after all expenses have been deducted. Stryker Corporation's net profit margin has shown some fluctuations over the reported periods from March 31, 2020, to December 31, 2024.
The net profit margin started at 14.47% in March 31, 2020, but experienced a slight decline to 11.14% by December 31, 2020. It then improved to 12.82% by June 30, 2021, before dropping to 9.57% by March 31, 2021. The trend fluctuated over the next few quarters but generally stayed in the range of 11% to 13%.
There was a notable increase in the net profit margin in the later periods, with a significant spike to 15.44% by December 31, 2023, and further reaching 16.34% by September 30, 2024. However, the margin decreased to 13.25% by December 31, 2024.
Overall, Stryker Corporation's net profit margin has shown variability over the period analyzed, with both upward and downward movements. It is important for investors and stakeholders to closely monitor these fluctuations to assess the company's profitability and financial performance.
Peer comparison
Dec 31, 2024