| Stage | SYK | % of rev | MMM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $6.5B | 100.00% | $6.6B | 100.00% | MMM ×1.01 |
| Gross profit | $4.2B | 65.15% | $2.8B | 42.27% | SYK +22.9pp |
| Operating income | $1.0B | 15.86% | $1.6B | 23.66% | MMM +7.8pp |
| Pre-tax income | $997M | 15.29% | $1.7B | 25.36% | MMM +10.1pp |
| Net income | $753M | 11.55% | $1.4B | 21.42% | MMM +9.9pp |
| Stage | SYK | MMM | Gap · A − B |
|---|---|---|---|
| Revenue | $6.5B100.00% | $6.6B100.00% | MMM ×1.01 |
| Gross profit | 65.15%$4.2B | 42.27%$2.8B | SYK +22.9pp |
| Operating income | 15.86%$1.0B | 23.66%$1.6B | MMM +7.8pp |
| Pre-tax income | 15.29%$997M | 25.36%$1.7B | MMM +10.1pp |
| Net income |
| 11.55%$753M |
| 21.42%$1.4B |
| MMM +9.9pp |