What is Stryker's capex?

Stryker (SYK) reported capex of $166M in Q1 2026.

How has Stryker's capex changed year-over-year?

Stryker's capex increased by 35.0% year-over-year, from $123M to $166M.

What is the long-term trend for Stryker's capex?

Over 4 years (2021 to 2025), Stryker's capex has grown at a 9.7% compound annual growth rate (CAGR), from $525M to $761M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Stryker SYK CapEx

CapEx at other companies

Johnson & JohnsonJNJ

$1.05B+31.9%

CONMEDCNMD

$2.89M-23.5%

Merit Medical SystemsMMSI

$16.01M-24.0%

Orthofix Medical Inc.OFIX

$10.66M+58.3%

Boston ScientificBSX

$177M-5.3%

VericelVCEL

$1.26M-91.2%

Other financials

Income statement

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Revenue$6.0B+2.6%

Gross profit$3.8B+1.8%

Operating income$936.0M+11.8%

Net income$745.0M+13.9%

EPS (diluted)$1.93+14.2%

Balance sheet

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Cash & equivalents$2.9B+24.1%

Total debt$14.4B-15.1%

Total assets$46.3B+0.6%

Cash flow

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Operating cash flow$581.0M+132%

Free cash flow$415.0M+227%

Valuation

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Market cap$121.18B-15.6%

Enterprise value$132.69B-16.1%

P/E36.3×-13.9×

P/S4.8×-1.4×

Profitability

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Gross margin63.8%-0.1pp

Operating margin19.7%+4.4pp

Net margin13.2%+0.9pp

FCF margin18.1%+2.7pp

Returns & leverage

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Return on equity32.8%—

Debt / equity0.8×—

Current ratio2.1×+0.5×

Where this comes from

Reported directly by Stryker in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Stryker’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Stryker's capex?: Stryker (SYK) reported capex of $166M in Q1 2026.
How has Stryker's capex changed year-over-year?: Stryker's capex increased by 35.0% year-over-year, from $123M to $166M.
What is the long-term trend for Stryker's capex?: Over 4 years (2021 to 2025), Stryker's capex has grown at a 9.7% compound annual growth rate (CAGR), from $525M to $761M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.