Edwards Lifesciences Corporation

EW Healthcare Medical Devices

Edwards Lifesciences Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 11.5% from fiscal 2024. In the quarter to June 2026, revenue grew 13.6%, EPS fell 26.3%, free cash flow grew 142.8% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.

86.60 1.50 −1.70%
Market cap
$50.8B
P/E
49.8×
Fwd P/E
30.7×
Dividend yield
—
F-score
5/9
Altman Z
11.54
Beneish M
−2.48
Dividend safety
n/a
Jun '26 Mar '26 Dec '25 Sep '25 Older periods
P/E ratio
51.99 42.37 46.33 33.38

+8 more quarters

P/S ratio
8.01 7.36 8.22 7.73
P/FCF ratio
37.15 43.78 38.20 58.73
P/Operating CF
79.98 1,058.96 110.57 79.26
P/B ratio
4.86 4.49 4.82 4.46
EV/Sales
7.54 6.97 7.72 7.28
EV/EBITDA
30.40 29.12 32.96 27.07
EV/FCF
34.97 41.44 35.88 55.32
Current Ratio
4.52 4.42 3.72 4.00
Net Debt/EBITDA
(6.57) (5.93) (18.72) (9.37)
Debt/Equity
0.06 0.06 0.06 0.06
Earnings Yield
1.92% 2.36% 2.16% 3.00%
Free Cash Flow Yield
2.69% 2.28% 2.62% 1.70%
Free Cash Flow per Share
1.01 (0.04) 0.60 0.88
Book value per Share
18.61 17.83 17.68 17.45
Free Cash Flow
585.00 (21.10) 353.50 516.20
EV/EBIT
33.88 32.60 37.04 30.04
Other line items

Show all line items

Columns are period end dates