SYK Q3 2023 Earnings — Stryker Corporation Revenue & Financial Results | Market Cap Arena

SYKStryker Corporation

$138B

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$4.9B+9.6% YoY

Gross Profit

$3.0B61.5% margin

Operating Income

$991M20.2% margin

Net Income

$692M14.1% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$902M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$38.0B

Total Liabilities

$20.1B

Stockholders' Equity

$17.9B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$4.5B	+9.6%
Gross Profit	$3.0B	$2.6B	+14.0%
Operating Income	$991M	$849M	+16.7%
Net Income	$692M	$816M	-15.2%

Revenue Segments

MedSurg

$2.9B58%

Orthopaedics and Spine

$2.0B42%

Geographic Segments

United States

$3.7B75%

Non-US

$1.2B25%