Stryker Corporation (SYK)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,492,000 | 3,673,000 | 2,683,000 | 2,281,000 | 1,954,000 |
| Revenue | US$ in thousands | 22,595,000 | 20,498,000 | 18,449,000 | 17,108,000 | 14,351,000 |
| Pretax margin | 15.45% | 17.92% | 14.54% | 13.33% | 13.62% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,492,000K ÷ $22,595,000K
= 15.45%
Based on the provided data, Stryker Corporation's pretax margin has shown a fluctuating trend over the past five years. It stood at 13.62% as of December 31, 2020, slightly decreased to 13.33% by December 31, 2021, then increased significantly to 14.54% by December 31, 2022. The pretax margin experienced a substantial rise to 17.92% by December 31, 2023, indicating improved profitability. However, there was a slight decline to 15.45% by December 31, 2024.
Overall, Stryker Corporation's pretax margin has displayed variability in its performance over the years, with a notable increase in 2023 followed by a slight decrease in 2024. It is essential for the company to continue monitoring and managing its cost structures and operational efficiency to sustain and enhance its profitability levels.
Peer comparison
Dec 31, 2024