On Jan. 25, Stryker
- International sales for the entire fiscal year were $502 million, up 12.3%, as a result of higher shipments of orthopedic implants and MedSurg equipment supported by favorable foreign currency movements.
- The company's outlook for 2007 continues to be optimistic, with growth in shipments of orthopedic implants and MedSurg equipment.
- The company projects that diluted net earnings per share for 2007 will be about $2.42, an increase of 20% over adjusted diluted net earnings per share of $2.02 in 2006.
- Stryker is very popular in Motley Fool CAPS, sporting the highest rating -- five stars.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$1,462.8 |
$1,278.5 |
14.4% |
Net Profit |
$227.9 |
$178.4 |
27.7% |
EPS |
$0.55 |
$0.43 |
27.9% |
Diluted Shares |
413.8 |
410.5 |
0.8% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
65.7% |
65.0% |
0.7 |
Operating Margin |
20.9% |
19.3% |
1.6 |
Net Margin |
15.6% |
14.0% |
1.6 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$1,414.8 |
$1,056.5 |
33.9% |
Accounts Rec. |
$907.0 |
$770.3 |
17.7% |
Inventory |
$677.6 |
$563.5 |
20.2% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
No Data |
$206.5 |
N/A |
Long-Term Debt |
$0.0 |
$184.2 |
(100.0%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Cash From Operations |
$370.4 |
$366.1 |
1.2% |
Capital Expenditures |
$64.8 |
$85.9 |
(24.6%) |
Free Cash Flow |
$305.6 |
$280.2 |
9.1% |
Find out why Fools always follow the money.
Related Companies:
-
Luxottica Group
(NYSE:LUX) -
AthroCare
(NASDAQ:ARTC) -
Baxter International
(NYSE:BAX) -
Biomet
(NASDAQ:BMET)
Related Foolishness:
How do you think Stryker will do in the next few weeks? How about the next few years? Join CAPS, the Fool's new community-intelligence stock-rating service, and tell more than 20,000 fellow investors how you feel.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.