SYK Stryker margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 85

Gross margin

65.3%

Operating margin

20.7%

EBITDA margin

25.3%

Net margin

13.8%

Currently, Stryker has a gross margin of 65.3%, an operating margin of 20.7%, an EBITDA margin of 25.3%, and a net margin of 13.8%. Each available margin improved from the same period last year. EBITDA margin recorded the strongest gain, increasing by 6.3 percentage points.

SYK margin history

Gross, operating, EBITDA and net margin trends

Stryker's margins averaged 64.07% gross, 18.45% operating, 21.84% EBITDA, and 14% net over the last 3 years. Compared with the three-year averages, gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.

SYK margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by EBITDA margin with an increase of 6.3 percentage points.

Gross margin expansion

1.3pp

Operating margin expansion

5.7pp

EBITDA margin expansion

6.3pp

Net margin expansion

1.7pp

SYK Gross margin

Stryker recorded an average gross margin of 64.07% across the last 3 years. The current gross margin stands at 65.3%, 1.2 percentage points above its three-year average. Gross margin was highest at 65.3% in Sep 2026 and lowest at 63.6% in Jun 2024.

SYK Operating margin

The average operating margin for Stryker was 18.45% over the last 3 years. Currently, the current operating margin for Stryker is 20.7%, 2.3 percentage points above its three-year average. The operating margin for Stryker moved between 15% in Sep 2025 and 21.4% in Jun 2026.

SYK EBITDA margin

Over the last 3 years, Stryker's EBITDA margin averaged 21.84%. Currently, Stryker's current EBITDA margin is 25.3%, which is 3.5 percentage points above its three-year average. During this period, EBITDA margin reached a high of 25.9% in Jun 2026 and a low of 18.5% in Mar 2025.

SYK Net margin

Stryker recorded an average net margin of 14% across the last 3 years. Stryker currently reports a net margin of 13.8%, 0.2 percentage points below its three-year average. The highest net margin for Stryker was 16.3% in Sep 2024, while the lowest was 12.1% in Sep 2025.

SYK margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 65.3%, SYK stands above the industry and its peers average but below the Healthcare sector average. But compared to its Healthcare sector average of 68.3%, Stryker's gross margin is only 4.4% lower.

SYK margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Stryker's gross margin?

For the period ending Sep 30, 2026, SYK recorded a gross margin of 65.3%.

What is Stryker's operating margin?

The current operating margin for SYK is 20.7% as of Sep 30, 2026.

What is Stryker's EBITDA margin?

For the period ending Sep 30, 2026, SYK recorded an EBITDA margin of 25.3%.

What is Stryker's net margin?

For the period ending Sep 30, 2026, SYK recorded a net margin of 13.8%.

What are the average margins of SYK?

Looking back over 3 years, SYK recorded average margins of 64.1% gross, 18.5% operating, 21.8% EBITDA, and 14.0% net.

What are the highest historical margins of SYK?

Stryker's highest recorded margins during the past 5 years were 65.3% gross in Sep 2026, 21.4% operating in Jun 2026, 25.9% EBITDA in Jun 2026, and 16.3% net in Sep 2024.

What are the lowest historical margins of SYK?

Looking back across 5 years, SYK reached its lowest margins at 62.6% gross in Mar 2023, 14.8% operating in Mar 2022, 15.3% EBITDA in Mar 2022, and 11.6% net in Mar 2022.