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Solventum vs Stryker: revenue, profit, margins and growth compared

Solventum brought in $8.3B of revenue in fiscal 2025, Stryker $25.1B in fiscal 2025. Revenue changed by +0.9% at Solventum and +11.2% at Stryker on the year before, so Stryker grew faster. Solventum kept 18.7% of its revenue as net profit, Stryker 12.9%. Free cash flow was -$10M at Solventum and $4.3B at Stryker.

Side by side, latest fiscal year

SOLVSYK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$8.3B$25.1B
Revenue growth+0.9%+11.2%
Net income$1.6B$3.2B
Net margin18.7%12.9%
Free cash flow-$10M$4.3B
Free cash flow margin-0.1%17.1%
Earnings per share (diluted)$8.88$8.40
Cash$878M$4B
Debt$5B$14.9B
Price to earnings10.132.4
Market value$15.2B$104.5B
Dividend yieldn/an/a
Rank by revenue in sector#49 of 523 · Health care#24 of 523 · Health care

Over the years

Revenue
SOLV FY2022: $8.1BSOLV FY2024: $8.2BSOLV FY2024: $8.3BSOLV FY2025: $8.3BSYK FY2018: $13.6BSYK FY2019: $14.9BSYK FY2020: $14.4BSYK FY2021: $17.1BSYK FY2022: $18.4BSYK FY2023: $20.5BSYK FY2024: $22.6BSYK FY2025: $25.1BFY18FY19FY20FY21FY22FY23FY24FY25
SOLV $8.3BSYK $25.1B
Net income
SOLV FY2022: $1.3BSOLV FY2024: $1.3BSOLV FY2024: $479MSOLV FY2025: $1.6BSYK FY2018: $3.6BSYK FY2019: $2.1BSYK FY2020: $1.6BSYK FY2021: $2BSYK FY2022: $2.4BSYK FY2023: $3.2BSYK FY2024: $3BSYK FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25
SOLV $1.6BSYK $3.2B
Net margin
SOLV FY2022: 16.5%SOLV FY2024: 16.4%SOLV FY2024: 5.8%SOLV FY2025: 18.7%SYK FY2018: 26.1%SYK FY2019: 14.0%SYK FY2020: 11.1%SYK FY2021: 11.7%SYK FY2022: 12.8%SYK FY2023: 15.4%SYK FY2024: 13.2%SYK FY2025: 12.9%FY18FY19FY20FY21FY22FY23FY24FY25
SOLV 18.7%SYK 12.9%
Revenue growth
SOLV FY2024: +0.8%SOLV FY2024: +0.7%SOLV FY2025: +0.9%SYK FY2019: +9.4%SYK FY2020: -3.6%SYK FY2021: +19.2%SYK FY2022: +7.8%SYK FY2023: +11.1%SYK FY2024: +10.2%SYK FY2025: +11.2%FY19FY20FY21FY22FY23FY24FY25
SOLV +0.9%SYK +11.2%
Free cash flow
SOLV FY2022: $1.4BSOLV FY2024: $1.6BSOLV FY2024: $805MSOLV FY2025: -$10MSYK FY2018: $2BSYK FY2019: $1.5BSYK FY2020: $2.8BSYK FY2021: $2.7BSYK FY2022: $2BSYK FY2023: $3.1BSYK FY2024: $3.5BSYK FY2025: $4.3BFY18FY19FY20FY21FY22FY23FY24FY25
SOLV -$10MSYK $4.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Solventum and Stryker

Which is bigger by revenue, Solventum or Stryker?

Stryker is bigger by revenue: $25.1B in fiscal 2025, against $8.3B for Solventum in fiscal 2025.

Which keeps more of its revenue as profit, Solventum or Stryker?

Solventum had a net margin of 18.7% in fiscal 2025; Stryker had 12.9% in fiscal 2025.

Which grew revenue faster, Solventum or Stryker?

In their latest fiscal years revenue changed by +0.9% at Solventum and +11.2% at Stryker.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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