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Stryker SYK Debt-to-assets

Debt-to-assets at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
0.3×0.0×
Boston Scientific logo
Boston ScientificBSX
-0.3×
Intuitive Surgical logo
Intuitive SurgicalISRG
0.0×
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
0.3×0.0×
Medtronic logo
MedtronicMDT
0.3×0.0×
STERIS logo
STERISSTE
0.2×0.0×

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%
CapEx$166.0M+35.0%
Free cash flow$415.0M+227%

Valuation

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Market cap$115.45B-11.4%
Enterprise value$126.95B-12.4%
P/E34.6×-11.0×
P/S4.6×-1.0×

Profitability

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Gross margin63.8%-0.1pp
Operating margin19.7%+4.4pp
Net margin13.2%+0.9pp

Returns & leverage

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Return on equity32.8%
Debt / equity0.8×
Current ratio2.1×+0.5×

Where this comes from

Calculated from Stryker’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
Stryker (SYK) reported debt-to-assets of 0.3× in Q1 2026.
How has Stryker's debt-to-assets changed year-over-year?
Stryker's debt-to-assets decreased by 15.6% year-over-year, from 0.4× to 0.3×.
What is the long-term trend for Stryker's debt-to-assets?
Over 4 years (2021 to 2025), Stryker's debt-to-assets has grown at a -1.9% compound annual growth rate (CAGR), from 1.5× to 1.4×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.