Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $34,330 | $34,631 | $36,884 | $39,912 | $42,971 |
Liabilities | $21,246 | $19,754 | $20,268 | $21,319 | $22,337 |
Equity | $13,084 | $14,877 | $16,616 | $18,593 | $20,634 |
Edwyn
Over the past 5 years, Stryker Corp has shown consistent growth in its financial position. Total assets have been steadily increasing from $34.33 billion in 2020 to $42.97 billion in 2024, indicating the company's expansion and investment in its operations. This growth in assets suggests that Stryker has been actively acquiring new assets or increasing the value of existing ones to support its business activities. Simultaneously, total liabilities have also shown an upward trend, but at a slower pace compared to assets. Liabilities have increased from $21.25 billion in 2020 to $22.34 billion in 2024. This indicates that Stryker has been managing its debt levels well relative to its asset growth, which is a positive sign for investors and creditors. Stockholders' equity has seen significant growth over the years, rising from $13.08 billion in 2020 to $20.63 billion in 2024. This increase in equity demonstrates that Stryker has been generating profits and retaining earnings effectively, strengthening its financial position and providing a buffer against potential financial risks. Overall, Stryker Corp's financial performance reflects a healthy balance sheet and a strong foundation for future growth and innovation within the medical technology industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.