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Stryker Corporation cash flow statement

In fiscal 2025, Stryker Corporation's operations generated $5.04bn of cash; it spent $761m on capital projects, leaving free cash flow of $4.28bn. It returned $1.28bn in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations1,4611,5471,4341,6571,8861,7829811,9151,5592,6102,1913,2773,2632,6243,7114,2425,0445,446
Depreciation and amortisation3854104814865115865907528599661,0441,0761,2721,2781,3411,4261,5701,615
Stock-based pay6269757576778697113119127142171168205229243256
Capital spending131182226210195233270490598572649487525588575755761873
Free cash flow1,3301,3651,2081,4471,6911,5497111,4259612,0381,5422,7902,7382,0363,1363,4874,2834,573
Free cash flow after stock pay1,2681,2961,1331,3721,6151,4726251,3288481,9191,4152,6482,5671,8682,9313,2584,0404,317
Dividends paid1982382793244014625215686367037788639501,0511,1391,2191,2841,333
Share buybacks04266221083171007001323030030700—————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Stryker Corporation's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Stryker Corporation.