SYK vs. SNN

Last updated Apr 2, 2026

Compare and contrast key facts about Stryker Corporation (SYK) and Smith & Nephew plc (SNN).

Performance

SYK vs. SNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stryker Corporation (SYK) and Smith & Nephew plc (SNN). The values are adjusted to include any dividend payments, if applicable.

SYK vs. SNN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SYK Stryker Corporation	-6.03%	-1.48%	21.34%	23.80%	-7.42%	10.22%	18.17%	35.33%	2.43%	30.84%
SNN Smith & Nephew plc	-0.71%	36.82%	-7.34%	4.44%	-20.20%	-16.21%	-10.40%	30.84%	8.90%	18.57%

Fundamentals

Market Cap SYK : $127.31B SNN : $14.01B
EPS SYK : $8.40 SNN : $2.37
PE Ratio SYK : 39.22 SNN : 13.54
PEG Ratio SYK : 2.24 SNN : 0.47
PS Ratio SYK : 5.07 SNN : 1.17
PB Ratio SYK : 2.66 SNN : 2.65
Total Revenue (TTM) SYK : $25.12B SNN : $11.99B
Gross Profit (TTM) SYK : $15.91B SNN : $8.25B
EBITDA (TTM) SYK : $5.67B SNN : $2.82B

Returns By Period

In the year-to-date period, SYK achieves a -6.03% return, which is significantly lower than SNN's -0.71% return. Over the past 10 years, SYK has outperformed SNN with an annualized return of 12.99%, while SNN has yielded a comparatively lower 1.95% annualized return.

SYK

• 1D: 0.25%
• 1M: -14.66%
• YTD: -6.03%
• 6M: -9.07%
• 1Y: -10.91%
• 3Y*: 5.91%
• 5Y*: 7.38%
• 10Y*: 12.99%

SNN

• 1D: 0.98%
• 1M: -8.90%
• YTD: -0.71%
• 6M: -10.74%
• 1Y: 16.52%
• 3Y*: 7.59%
• 5Y*: -0.60%
• 10Y*: 1.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SYK vs. SNN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SYK

SYK Risk / Return Rank: 18
SYK Sharpe Ratio Rank: 19
SYK Sortino Ratio Rank: 18
SYK Omega Ratio Rank: 18
SYK Calmar Ratio Rank: 22
SYK Martin Ratio Rank: 14

SNN

SNN Risk / Return Rank: 58
SNN Sharpe Ratio Rank: 61
SNN Sortino Ratio Rank: 54
SNN Omega Ratio Rank: 56
SNN Calmar Ratio Rank: 61
SNN Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SYK vs. SNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stryker Corporation (SYK) and Smith & Nephew plc (SNN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SYK	SNN	Difference
Sharpe ratio Return per unit of total volatility	-0.48	0.56	-1.05
Sortino ratio Return per unit of downside risk	-0.57	1.00	-1.56
Omega ratio Gain probability vs. loss probability	0.93	1.14	-0.21
Calmar ratio Return relative to maximum drawdown	-0.57	0.93	-1.50
Martin ratio Return relative to average drawdown	-1.30	1.79	-3.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYK vs. SNN - Sharpe Ratio Comparison

The current SYK Sharpe Ratio is -0.48, which is lower than the SNN Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of SYK and SNN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SYK	SNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	0.56	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	-0.02	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.07	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.29	+0.28

Correlation

The correlation between SYK and SNN is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SYK vs. SNN - Dividend Comparison

SYK's dividend yield for the trailing twelve months is around 1.04%, less than SNN's 2.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SYK Stryker Corporation	1.04%	0.97%	0.90%	1.02%	1.16%	0.97%	0.96%	1.02%	1.23%	1.13%	1.31%	1.52%
SNN Smith & Nephew plc	2.44%	2.32%	3.05%	2.75%	2.79%	2.17%	1.78%	1.51%	1.96%	1.76%	2.08%	1.68%

Drawdowns

SYK vs. SNN - Drawdown Comparison

The maximum SYK drawdown since its inception was -58.63%, which is greater than SNN's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for SYK and SNN.

Drawdown Indicators

	SYK	SNN	Difference
Max Drawdown Largest peak-to-trough decline	-58.63%	-55.20%	-3.43%
Max Drawdown (1Y) Largest decline over 1 year	-18.80%	-16.89%	-1.91%
Max Drawdown (5Y) Largest decline over 5 years	-31.68%	-49.18%	+17.50%
Max Drawdown (10Y) Largest decline over 10 years	-43.80%	-55.06%	+11.26%
Current Drawdown Current decline from peak	-17.76%	-26.69%	+8.93%
Average Drawdown Average peak-to-trough decline	-13.07%	-17.57%	+4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.18%	8.80%	-0.62%

Volatility

SYK vs. SNN - Volatility Comparison

Stryker Corporation (SYK) has a higher volatility of 7.46% compared to Smith & Nephew plc (SNN) at 6.19%. This indicates that SYK's price experiences larger fluctuations and is considered to be riskier than SNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYK	SNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.46%	6.19%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	15.63%	19.70%	-4.07%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	29.60%	-7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.74%	26.88%	-3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.06%	26.74%	-0.68%

Financials

SYK vs. SNN - Profitability Comparison

The chart below illustrates the profitability comparison between Stryker Corporation and Smith & Nephew plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SYK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Stryker Corporation reported a gross profit of 4.63B and revenue of 7.17B. Therefore, the gross margin over that period was 64.5%.

SNN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Smith & Nephew plc reported a gross profit of 2.09B and revenue of 3.19B. Therefore, the gross margin over that period was 65.6%.

SYK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Stryker Corporation reported an operating income of 1.80B and revenue of 7.17B, resulting in an operating margin of 25.2%.

SNN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Smith & Nephew plc reported an operating income of 570.45M and revenue of 3.19B, resulting in an operating margin of 17.9%.

SYK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Stryker Corporation reported a net income of 849.00M and revenue of 7.17B, resulting in a net margin of 11.8%.

SNN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Smith & Nephew plc reported a net income of 330.82M and revenue of 3.19B, resulting in a net margin of 10.4%.