Stryker (FRA:SYK) Tax Rate % : 14.63% (As of Mar. 2024)

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What is Stryker Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Stryker's Tax Expense for the three months ended in Mar. 2024 was €124 Mil. Stryker's Pre-Tax Income for the three months ended in Mar. 2024 was €849 Mil. Therefore, Stryker's Tax Rate % for the quarter that ended in Mar. 2024 was 14.63%.

Stryker Tax Rate % Historical Data

The historical data trend for Stryker's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stryker Tax Rate % Chart

Stryker Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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18.70

18.17

12.58

12.11

13.83

Stryker Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															12.81	17.91	20.37	6.77	14.63

Stryker Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Stryker's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	465.836	/	3368.141
	=	13.83 %

Stryker's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	124.2	/	849.16
	=	14.63 %

Stryker Tax Rate % Related Terms

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Stryker (FRA:SYK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stryker Corp (FRA:SYK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SYK:USA SYK:Mexico 1SYK:Italy S1YK34:Brazil SYK:Austria

Address

2825 Airview Boulevard, Kalamazoo, MI, USA, 49002

Website

https://www.stryker.com

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.