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Stryker vs West Pharmaceutical Services (SYK vs WST)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Stryker is the larger company by revenue ($25.1B vs $3.1B) and market value ($127.1B vs $25.3B). Stryker has grown revenue faster over the last 4 fiscal years (+46.8% cumulative vs +8.6%). Stryker trades at the lower trailing P/E (38.4x vs 48.5x).

About Stryker

Stryker Corporation develops and sells medical technologies globally, focusing on MedSurg, Neurotechnology, and Orthopaedics. Its products include surgical equipment, patient care technologies, implants for joint replacement and trauma surgeries, and robotic-assisted surgical systems. The company serves healthcare providers such as doctors, hospitals, and other medical facilities in approximately 61 countries.

About West Pharmaceutical Services

West Pharmaceutical Services Inc manufactures advanced containment and delivery systems for injectable drugs and healthcare products. Its main offerings include proprietary packaging components, drug delivery devices, and contract manufacturing services for pharmaceutical, biologic, generic, diagnostic, and medical device companies worldwide. The company operates through two segments: Proprietary Products, which provides packaging and delivery solutions, and Contract-Manufactured Products, which focuses on custom manufacturing and assembly of complex devices.

Head to head (SYK FY2025 vs WST FY2025)

MetricSYKFY2025WSTFY2025
Revenue$25.12B$3.07B
Revenue growth (YoY)11.2%6.3%
Gross margin64.0%35.9%
Operating margin19.5%19.0%
Net margin12.9%16.1%
Net income$3.25B$493.7M
Diluted EPS$8.40$6.79
FCF margin17.1%15.3%
ROE14.5%15.5%
Debt / equity0.7×0.1×
Market cap$127.06B$25.31B
P/E (TTM)38.4×48.5×

Fundamentals are from each company’s SEC filings (SYK FY2025, WST FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
SYK$17.11B$18.45B$20.50B$22.59B$25.12B
WST$2.83B$2.89B$2.95B$2.89B$3.07B
Net incomeFY2021FY2022FY2023FY2024FY2025
SYK$1.99B$2.36B$3.17B$2.99B$3.25B
WST$661.8M$585.9M$593.4M$492.7M$493.7M
Operating marginFY2021FY2022FY2023FY2024FY2025
SYK15.1%15.4%19.0%16.3%19.5%
WST26.6%25.4%22.9%19.7%19.0%

Peer standing

Where each company ranks among the 88 medical device companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricSYKWST
Gross margin
64.0%55th percentile of 77
35.9%11th percentile of 77
Operating margin
19.5%91st percentile of 80
19.0%90th percentile of 80
Net margin
12.9%83rd percentile of 81
16.1%89th percentile of 81
FCF margin
17.1%86th percentile of 74
15.3%82nd percentile of 74
Revenue growth (YoY)
+11.2%43rd percentile of 87
+6.3%30th percentile of 87
ROE
14.5%82nd percentile of 79
15.5%85th percentile of 79
P/E (TTM)
38.4×71st percentile of 32
48.5×81st percentile of 32
Debt / equity
0.66×62nd percentile of 54
0.06×9th percentile of 54
Short interest (days to cover)
2.36d31st percentile of 88
2.33d30th percentile of 88

Short interest

FINRA settlement dataSYKWST
Shares sold short6.9M2.3M
Change vs prior settlement+12.7%+1.3%
Days to cover2.362.33
As of settlement2026-06-302026-06-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 open-market activitySYKWST
Buys00
Sells14 ($100.7M)2 ($1.1M)

Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.

Held by the same investors

9 tracked 13F managers hold both Stryker and West Pharmaceutical Services as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Point72 Asset Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.