Is it safe?
Can SYK take a bad year?
Stryker Corporation carries $11.7B of net debt at 1.64× EBITDA: a load its earnings can carry.
$11.7B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.64×
Net debt / EBITDA · 2.78× a year ago · the load is coming down
- Altman Z-score
- 4.47
Altman Z-score · safe zone, above 3
- Interest cover
- 9.81×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $15.2B
- Cash and short-term investments
- $3.48B
- Net debt
- $11.7B
- EBITDA, trailing twelve months
- $7.16B
- Operating profit, trailing twelve months
- $5.53B
- Debt / equity
- 0.63×
- Total debt / EBITDA
- 2.12×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Medical Devices
Ranks #17 of 35 by Smart Score