Stryker Corporation
Industry: Medical Equipment Supplies
Fortune Rank: 333
For the nine months ended 30 September 2005, Stryker Corporation's sales increased 16% to $3.59B. Net income for the period increased 62% to $489.5M. Revenues reflect strong shipments of Orthopaedic Implants and MedSurg Equipment. Higher net income reflects the absence of a $120.8M charge to writeoff purchased in-process research and development associated with the acquisition of SpineCore, Inc.
Stryker Corporation (Stryker) manufactures and markets medical devices primarily to the orthopedic market. The Company segregates its operations into two reportable business segments: Orthopaedic Implants and MedSurg Equipment. The Orthopaedic Implants segment sells orthopaedic reconstructive (hip, knee and shoulder), trauma, spine and micro implant systems, bone cement and the bone growth factor OP-1. The MedSurg Equipment segment sells powered surgical instruments, surgical navigation systems, endoscopic products, medical video imaging equipment, and hospital beds and stretchers. The Other category includes Physical Therapy Services and corporate administration, interest expense and interest income. In the year ended December 31, 2004, the Company completed its acquisition, by merger, of SpineCore, Inc. (SpineCore), a developer of artificial lumbar and cervical discs.
Stryker Corporation
Stryker Corporation is a Fortune 500 company. In 2010 Stryker Corporation was ranked number 333 on the Fortune 500 list, making it the 333rd largest company in the United States when judged by revenue.
Stryker Corporation achieved revenue of $6,723.10 million in 2010 and earned a profit of $1,107.40 million.
Stryker Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 333rd compared to 375th in 2009. This was based on its 2009 revenue of $6,718 million (a change of 0 million compared to 2010) and profits of $1,148 million (a change of $0 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Stryker Corporation would be ranked 118th rather than 333rd due to its profits of $1,107 in 2010.
Stryker Corporation | Revenue* | Profit* | Fortune Ranking |
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2010 | 6,723 | 1,107 | 333 |
2009 | 6,718 | 1,148 | 375 |
2008 | 6,108 | 1,017 | 401 |
2007 | 5,406 | 778 | 422 |
2006 | 4,872 | 675 | 439 |
* US$ Million
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Address
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Stryker Corporation
2725 Fairfield Rd
Kalamazoo
MI
49002
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Stryker Corporation
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Contact Details
- Phone: 269-385-2600
- Fax: 269-385-1062
- Website: www.strykercorp.com
- Stock Symbol: SYK
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