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Edwards Lifesciences Corporation EW SPX

Healthcare · Medical Devices · United States
https://www.edwards.com
Company Profile ↓
$90.09
+15.09% 1Y
Mkt Cap$51.87B
P/E48.70
P/B4.76
52W High$95.18
52W Low$72.65
Book Value$17.90
EPS (TTM)$1.85

Company Overview

Edwards Lifesciences Corporation provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL and EVOQUE brands. The company also provides surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS brand name; INSPIRIS RESILIA aortic valve, which offers RESILIA tissue and VFit technology; KONECT RESILIA, a pre-assembled tissue valve conduit for complex combined procedures; and MITRIS RESILIA valve. It distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 10.1% per year over the last five years.

Healthy Margins

Maintains a net profit margin of 17.4%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.07.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $6.07B (+11.5% YoY); net profit $1.07B.
  • Trailing 12 Months Year-on-year growth — revenue +16.7%, earnings +8.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 9.8%, profit CAGR 10.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:9.80%
1 Year:16.70%

Compounded Profit Growth

5 Years:10.13%
1 Year:8.20%

Stock Price Performance

1 Year:+15.09%
6 Months:+5.83%
3 Months:+15.32%
1 Month:+5.05%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 77% of range
$72.65 $95.18
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)51.02 · Neutral
Price Performance
1M+5.05%
3M+15.32%
6M+5.83%
1Y+15.09%
Valuation vs Sector

P/E of 48.70 is above the sector median of 25.41 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Profit CAGR of 10.1% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
48.70
Industry PE
25.41
Forward P/E
26.75
PEG Ratio
2.05
Book Value
$17.90
Price to Book
4.76
P/S
7.77
EV/EBITDA
24.18
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
9.80%
Profit 5Y
10.13%
Revenue (YoY)
16.70%
Earnings (YoY)
8.20%

Profitability & Returns

ROCE
10.64%
ROE
10.46%
ROA
8.27%
Profit Margin
17.39%
Op Margin
31.22%
Gross Margin
77.87%
EPS (Latest Qtr)
$0.66
EPS (TTM)
$1.85

Balance Sheet & Liquidity

Debt/Equity
0.07
Quick Ratio
3.30
Current Ratio
4.42
Debt
$702.90M
Total Assets
$13.32B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.18%
Chg in Prom Hold
-
FII / Inst Holding
94.11%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$51.87B
Total Revenue (TTM)
$6.30B
EBITDA
$1.90B
Free Cash Flow
$902.14M
Operating Cash Flow
$1.36B
Shares Outstanding
575.80M
Gross Margin
77.87%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 EW Edwards Lifesciences Corporation SPX 90.09 48.70 $51.87B 0.00% 10.64% 10.46% 9.80% 10.13%
2 LLY Eli Lilly and Company SPX 1,152.54 41.02 $1.03T 0.61% - 107.46% 7.20% 11.41%
3 JNJ Johnson & Johnson SPX 253.85 29.45 $611.07B 2.23% 14.88% 26.42% 2.43% 4.76%
4 ABBV AbbVie Inc. SPX 244.78 119.40 $432.48B 3.04% 10.47% -129.24% 1.75% -29.06%
5 UNH UnitedHealth Group Incorporated SPX 425.19 32.02 $386.13B 2.27% 9.74% 12.18% 10.40% 5.43%
6 MRK Merck & Co., Inc. SPX 120.78 34.02 $298.31B 2.86% - 18.94% 5.64% 10.01%
7 AZN AstraZeneca PLC NDX 164.50 24.81 $255.12B 1.77% 15.97% 23.48% 9.82% 45.96%
8 TMO Thermo Fisher Scientific Inc. SPX 534.07 29.33 $198.47B 0.40% 8.14% 13.52% 8.81% 12.95%
9 AMGN Amgen Inc. NDXSPX 355.25 24.69 $191.73B 2.84% 18.02% 101.32% 11.77% 5.58%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue ------883.50M841.80M821.50M888.50M894.80M943.70M906.60M977.70M993.00M1.09B1.09B1.17B1.13B925.00M1.14B1.19B1.22B1.38B1.31B1.34B1.37B1.32B1.22B1.28B1.24B1.27B1.33B1.37B1.35B1.39B1.41B1.53B1.55B1.65B
Gross Profit 468.80M495.20M517.00M556.80M538.00M554.50M667.90M630.70M608.20M653.20M661.20M697.50M681.70M743.00M761.20M782.90M801.60M887.90M863.60M686.80M859.90M895.40M923.20M1.04B998.50M1.04B1.10B1.07B992.30M1.03B992.80M1.02B1.04B1.09B1.09B1.09B1.11B1.19B1.21B1.29B
Operating Income ------298.30M241.00M214.00M-252.50M252.10M248.90M-274.20M267.50M294.30M-358.10M-169.70M357.80M-383.50M542.10M390.30M438.80M459.50M402.40M388.40M263.50M365.90M-349.00M366.50M350.60M-394.80M411.20M307.10M477.60M
Net Income --------------------------406.40M343.50M340.50M307.10M384.90M369.90M351.90M366.30M3.07B385.60M358.00M333.20M291.10M380.70M
Diluted EPS 0.540.640.660.580.650.731.060.860.79-0.010.961.321.060.030.390.380.430.440.49-0.200.520.490.540.780.540.590.650.550.560.500.630.610.580.615.130.650.610.560.500.66
R&D Expense 101.00M-101.80M112.50M113.00M-128.70M134.40M142.90M-143.20M154.10M161.80M-171.40M191.90M195.50M-187.40M182.10M195.50M-207.00M225.30M238.00M228.60M250.80M233.60M261.20M243.70M242.80M-256.70M271.80M253.40M-254.60M276.20M280.70M263.30M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 1.24B1.32B1.45B1.68B1.90B2.05B2.32B2.49B2.96B3.44B3.72B4.35B4.39B5.23B4.46B5.01B5.44B6.07B
Gross Profit 818.10M922.30M1.04B1.19B1.41B1.53B1.70B1.88B2.17B2.56B2.78B3.23B3.31B3.98B3.74B4.03B4.32B4.73B
Operating Income --------751.20M1.09B748.20M1.15B897.60M1.69B1.50B1.31B1.38B1.26B
Net Income -229.10M218.00M236.70M291.50M389.10M811.10M494.90M569.50M583.60M722.20M1.05B823.40M1.50B1.52B1.40B4.17B1.07B
Diluted EPS 1.101.951.831.982.461.713.742.252.612.701.131.641.302.382.442.306.971.83
R&D Expense 139.20M175.50M204.40M246.30M291.30M323.00M346.50M382.90M442.20M552.60M622.20M752.70M760.70M903.10M843.60M962.90M1.05B1.08B

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Mar 2011Jun 2011Sep 2011Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.62B1.77B---1.98B2.22B2.71B3.52B4.06B4.51B5.67B5.32B6.49B7.24B8.50B8.29B9.36B13.06B13.70B
Total Equity 835.00M878.80M1.16B1.31B---1.33B1.47B1.54B2.19B2.50B2.62B2.96B3.14B4.15B4.57B5.84B5.81B6.65B10.00B10.34B
Cash & Equivalents 141.80M218.70M334.10M396.10M325.20M175.60M244.00M171.20M310.90M420.40M653.80M718.40M930.10M818.30M714.10M1.18B1.18B862.80M769.00M1.13B3.05B2.94B
Long Term Debt --------189.30M593.10M598.10M596.90M822.30M438.40M593.80M594.40M595.00M595.70M596.30M597.00M597.70M598.30M
Total Liabilities ----------------2.66B2.67B2.49B2.64B2.99B3.36B
Current Liabilities --290.50M337.80M---335.20M347.40M345.60M426.10M476.20M532.50M1.42B876.60M902.40M893.90M1.03B1.02B1.20B1.51B1.81B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 153.20M165.30M251.40M----549.70M704.40M1.00B926.70M1.18B1.05B1.73B1.22B895.80M542.30M1.60B
Investing Cash Flow 58.80M40.10M-61.50M-----316.10M-211.70M-647.20M76.70M-595.80M-531.10M-1.72B252.30M173.80M2.31B-712.90M
Financing Cash Flow -134.10M-91.80M-103.90M-----158.60M-268.50M-473.20M-1.10B-115.60M-486.90M-356.30M-1.58B-711.00M-983.00M-956.80M
Capital Expenditure -50.60M-64.00M-61.80M-76.60M-109.00M-109.00M-82.90M-102.70M-176.10M-168.10M-238.70M-254.40M-407.00M-325.80M-244.60M-253.00M-252.40M-260.20M
Free Cash Flow 102.60M101.30M189.60M----447.00M528.30M832.60M688.00M928.50M647.30M1.41B973.60M642.80M289.90M1.33B
Share Buybacks 306.50M95.50M200.00M303.40M344.10M496.90M300.90M280.10M662.30M763.30M795.50M263.30M625.40M512.80M1.73B879.60M1.16B893.40M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 66.1%69.8%71.8%70.8%74.2%74.7%73.1%75.2%73.1%74.5%74.8%74.4%75.4%76.1%83.8%80.5%79.5%78.0%
Operating Margin % --------25.3%31.7%20.1%26.4%20.5%32.3%33.6%26.1%25.3%20.8%
Net Margin % -17.3%15.1%14.1%15.3%19.0%34.9%19.8%19.2%17.0%19.4%24.1%18.8%28.7%34.1%28.0%76.7%17.7%
ROE % -19.8%16.7%17.8%19.9%25.2%37.0%19.8%21.7%19.7%23.0%25.2%18.0%25.8%26.2%21.1%41.8%10.4%
ROCE % --------18.9%25.7%16.8%20.5%14.2%22.6%20.6%16.0%11.9%10.6%

Shareholding Pattern

Insiders
0.18%
Institutions
94.11%
Public Float
94.28%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.13% 52.59M $4.96B
2 Vanguard Capital Management LLC 6.55% 37.73M $3.56B
3 Vanguard Portfolio Management LLC 4.59% 26.41M $2.49B
4 State Street Corporation 4.57% 26.30M $2.48B
5 Wellington Management Group, LLP 3.82% 22.01M $2.07B
6 JPMORGAN CHASE & CO 3.78% 21.74M $2.05B
7 Bank Of New York Mellon Corporation 2.91% 16.74M $1.58B
8 FMR, LLC 2.52% 14.50M $1.37B
9 Geode Capital Management, LLC 2.28% 13.13M $1.24B
10 Jennison Associates LLC 2.27% 13.07M $1.23B

Analyst View

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Latest News

Recent headlines for EW

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There’s an IPO Gold Rush—and Texas Is Coming for New York - WSJ

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EW — Frequently Asked Questions

What is the current share price of Edwards Lifesciences Corporation (EW)?

As of 2026-07-14 21:23 PDT, Edwards Lifesciences Corporation (EW) trades at $90.09 on NYSE. Its 52-week range is $72.65 to $95.18.

What is the market capitalisation of EW?

Edwards Lifesciences Corporation (EW) has a market capitalisation of $51.87B on NYSE.

What is the P/E ratio of EW?

EW trades at a trailing price-to-earnings (P/E) ratio of 48.70. The industry average P/E is 25.41. Its price-to-book (P/B) ratio is 4.76.

What is the return on equity (ROE) of EW?

EW has a return on equity (ROE) of 10.46%. Its return on capital employed (ROCE) is 10.64%.

Is EW a good stock to buy?

This page provides a data-driven analysis of Edwards Lifesciences Corporation (EW), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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