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Side-by-side financial comparison of Stryker Corporation (SYK) and Vistra Corp. (VST). Click either name above to swap in a different company.

Stryker Corporation is the larger business by last-quarter revenue ($6.0B vs $4.8B, roughly 1.3× Vistra Corp.). Stryker Corporation runs the higher net margin — 12.4% vs 4.8%, a 7.5% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 2.6%). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs 5.4%).

The Stryker is a family of eight-wheeled armored fighting vehicles derived from the Canadian LAV III, which in turn derived from the Swiss Mowag Piranha. Stryker vehicles are produced by General Dynamics Land Systems-Canada (GDLS-C) for the United States Army in a plant in London, Ontario. It has four-wheel drive (8×4) and can be switched to all-wheel drive (8×8).

Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas

SYK vs VST — Head-to-Head

Bigger by revenue
SYK
SYK
1.3× larger
SYK
$6.0B
$4.8B
VST
Growing faster (revenue YoY)
VST
VST
+28.6% gap
VST
31.2%
2.6%
SYK
Higher net margin
SYK
SYK
7.5% more per $
SYK
12.4%
4.8%
VST
Faster 2-yr revenue CAGR
VST
VST
Annualised
VST
23.3%
5.4%
SYK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SYK
SYK
VST
VST
Revenue
$6.0B
$4.8B
Net Profit
$745.0M
$233.0M
Gross Margin
63.3%
Operating Margin
15.5%
9.9%
Net Margin
12.4%
4.8%
Revenue YoY
2.6%
31.2%
Net Profit YoY
13.9%
-47.2%
EPS (diluted)
$1.93
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SYK
SYK
VST
VST
Q1 26
$6.0B
Q4 25
$7.2B
$4.8B
Q3 25
$6.1B
$4.8B
Q2 25
$6.0B
$3.8B
Q1 25
$5.9B
$4.3B
Q4 24
$6.4B
$3.7B
Q3 24
$5.5B
$4.3B
Q2 24
$5.4B
$3.6B
Net Profit
SYK
SYK
VST
VST
Q1 26
$745.0M
Q4 25
$849.0M
$233.0M
Q3 25
$859.0M
$652.0M
Q2 25
$884.0M
$327.0M
Q1 25
$654.0M
$-268.0M
Q4 24
$546.0M
$441.0M
Q3 24
$834.0M
$1.9B
Q2 24
$825.0M
$365.0M
Gross Margin
SYK
SYK
VST
VST
Q1 26
63.3%
Q4 25
64.5%
Q3 25
63.6%
Q2 25
63.8%
Q1 25
63.8%
Q4 24
64.9%
Q3 24
64.0%
Q2 24
63.0%
Operating Margin
SYK
SYK
VST
VST
Q1 26
15.5%
Q4 25
25.2%
9.9%
Q3 25
18.7%
21.7%
Q2 25
18.5%
13.7%
Q1 25
14.3%
-2.8%
Q4 24
9.0%
16.4%
Q3 24
19.7%
59.6%
Q2 24
19.4%
22.5%
Net Margin
SYK
SYK
VST
VST
Q1 26
12.4%
Q4 25
11.8%
4.8%
Q3 25
14.2%
13.6%
Q2 25
14.7%
8.7%
Q1 25
11.1%
-6.3%
Q4 24
8.5%
12.0%
Q3 24
15.2%
43.5%
Q2 24
15.2%
10.1%
EPS (diluted)
SYK
SYK
VST
VST
Q1 26
$1.93
Q4 25
$2.20
$0.55
Q3 25
$2.22
$1.75
Q2 25
$2.29
$0.81
Q1 25
$1.69
$-0.93
Q4 24
$1.41
$1.09
Q3 24
$2.16
$5.25
Q2 24
$2.14
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SYK
SYK
VST
VST
Cash + ST InvestmentsLiquidity on hand
$2.9M
$785.0M
Total DebtLower is stronger
$15.8B
Stockholders' EquityBook value
$23.0M
$5.1B
Total Assets
$46.3M
$41.5B
Debt / EquityLower = less leverage
3.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SYK
SYK
VST
VST
Q1 26
$2.9M
Q4 25
$4.0B
$785.0M
Q3 25
$3.3B
$602.0M
Q2 25
$2.4B
$458.0M
Q1 25
$2.3B
$561.0M
Q4 24
$3.7B
$1.2B
Q3 24
$3.9B
$905.0M
Q2 24
$1.9B
$1.6B
Total Debt
SYK
SYK
VST
VST
Q1 26
Q4 25
$15.8B
Q3 25
$15.8B
Q2 25
$15.5B
Q1 25
$15.4B
Q4 24
$15.4B
Q3 24
$13.9B
Q2 24
$13.9B
Stockholders' Equity
SYK
SYK
VST
VST
Q1 26
$23.0M
Q4 25
$22.4B
$5.1B
Q3 25
$21.8B
$5.2B
Q2 25
$21.2B
$4.8B
Q1 25
$20.9B
$4.8B
Q4 24
$20.6B
$5.6B
Q3 24
$20.1B
$5.4B
Q2 24
$19.8B
$5.6B
Total Assets
SYK
SYK
VST
VST
Q1 26
$46.3M
Q4 25
$47.8B
$41.5B
Q3 25
$47.1B
$38.0B
Q2 25
$46.3B
$38.1B
Q1 25
$46.0B
$38.2B
Q4 24
$43.0B
$37.8B
Q3 24
$43.8B
$37.9B
Q2 24
$39.1B
$39.1B
Debt / Equity
SYK
SYK
VST
VST
Q1 26
Q4 25
3.11×
Q3 25
3.02×
Q2 25
3.22×
Q1 25
3.20×
Q4 24
2.77×
Q3 24
2.56×
Q2 24
2.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SYK
SYK
VST
VST
Operating Cash FlowLast quarter
$581.0M
$1.4B
Free Cash FlowOCF − Capex
$596.0M
FCF MarginFCF / Revenue
12.4%
Capex IntensityCapex / Revenue
17.4%
Cash ConversionOCF / Net Profit
0.78×
6.15×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SYK
SYK
VST
VST
Q1 26
$581.0M
Q4 25
$2.1B
$1.4B
Q3 25
$1.5B
$1.5B
Q2 25
$1.1B
$572.0M
Q1 25
$250.0M
$599.0M
Q4 24
$1.9B
$1.4B
Q3 24
$1.5B
$1.7B
Q2 24
$633.0M
$1.2B
Free Cash Flow
SYK
SYK
VST
VST
Q1 26
Q4 25
$1.9B
$596.0M
Q3 25
$1.4B
$1.0B
Q2 25
$928.0M
$-118.0M
Q1 25
$127.0M
$-169.0M
Q4 24
$1.7B
$923.0M
Q3 24
$1.3B
$1.0B
Q2 24
$481.0M
$698.0M
FCF Margin
SYK
SYK
VST
VST
Q1 26
Q4 25
26.1%
12.4%
Q3 25
22.3%
21.1%
Q2 25
15.4%
-3.1%
Q1 25
2.2%
-4.0%
Q4 24
25.9%
25.2%
Q3 24
23.7%
23.4%
Q2 24
8.9%
19.4%
Capex Intensity
SYK
SYK
VST
VST
Q1 26
Q4 25
3.7%
17.4%
Q3 25
3.1%
9.6%
Q2 25
3.0%
18.4%
Q1 25
2.1%
18.1%
Q4 24
4.1%
11.7%
Q3 24
3.1%
15.8%
Q2 24
2.8%
13.8%
Cash Conversion
SYK
SYK
VST
VST
Q1 26
0.78×
Q4 25
2.52×
6.15×
Q3 25
1.79×
2.25×
Q2 25
1.26×
1.75×
Q1 25
0.38×
Q4 24
3.54×
3.07×
Q3 24
1.77×
0.90×
Q2 24
0.77×
3.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SYK
SYK

Segment breakdown not available.

VST
VST

Retail Energy Charge In ERCOT$2.1B43%
Retail Energy Charge In Northeast Midwest$1.2B24%
East Segment$1.1B24%
Hedging Revenue Realized$170.0M4%
Revenue From Other Wholesale Contracts$116.0M2%
Transferable Production Tax Credit Revenues$78.0M2%
West Segment$77.0M2%
Intersegment Sales$25.0M1%

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