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Stryker SYK Net debt / EBITDA

Net debt / EBITDA at other companies

Baxter International logo
Baxter InternationalBAX
-2.7×+6.5×
Johnson & Johnson logo
Johnson & JohnsonJNJ
0.8×-0.3×
CONMED logo
CONMEDCNMD
6.1×+2.3×
Merit Medical Systems logo
Merit Medical SystemsMMSI
1.1×-0.5×
Boston Scientific logo
Boston ScientificBSX
-0.1×-2.9×
Vericel logo
VericelVCEL
-1×-3.1×

Other financials

Income statement

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Revenue$6.6B+9.4%
Gross profit$4.5B+17.1%
Operating income$1.7B+49.1%
Net income$1.3B+44.3%
EPS (diluted)$3.30+44.1%

Balance sheet

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Cash & equivalents$3.4B+42.8%
Total debt$14.2B-15.2%
Total assets$47.9B+3.5%

Cash flow

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Operating cash flow$1.3B+13.5%
CapEx$202.0M+10.4%
Free cash flow$1.1B+14.1%

Valuation

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Market cap$124.86B-14.4%
Enterprise value$135.66B-15.3%
P/E33.5×-16.5×
P/S4.8×-1.3×

Profitability

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Gross margin65%+0.8pp
Operating margin21.4%+6.2pp
Net margin14.4%+2.2pp
FCF margin18.2%+1.3pp

Returns & leverage

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Return on equity32.8%
Debt / equity0.8×
Current ratio2.2×+0.4×

Where this comes from

Calculated from Stryker’s reported figures.

Based on the most recent quarter.

The source filing: Stryker’s 10-Q, filed May 11, 2026. Open the filing →

Filed
May 11, 2026, 11:10 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000310764-26-000031

FAQ

What is Stryker's net debt / EBITDA?
Stryker (SYK) reported net debt / EBITDA of 1.9× in Q1 2026.
How has Stryker's net debt / EBITDA changed year-over-year?
Stryker's net debt / EBITDA decreased by 41.5% year-over-year, from 3.2× to 1.9×.
What is the long-term trend for Stryker's net debt / EBITDA?
Over 5 years (2020 to 2025), Stryker's net debt / EBITDA has grown at a -13.2% compound annual growth rate (CAGR), from 3.7× to 1.8×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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