Friday 6 November 2026 Export EW’s income statement to Excel — free account

Edwards Lifesciences Corporation

Edwards Lifesciences Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 11.5% from fiscal 2024.

Revenue: +10.5%
EPS: +4.60%
Free cash flow: −1.84%
Total debt: +0.10%

Quarter to September 2026, against a year earlier

101.94 1.12 +1.11%

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Market cap: $58.1B
P/E: 57.8×
Fwd P/E: 36.5×
Dividend yield: —
F-score: 5/9
Altman Z: 11.54
Beneish M: −2.48
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
ROE Full definition →	+8 more TTM periods Free account	10.52%	10.68%	9.42%	9.65%
Piotroski F-Score Full definition →		5	5	5	7
ROA Full definition →		8.03%	8.32%	7.35%	7.45%
ROIC Full definition →		11.78%	11.60%	12.81%	13.02%
Return on Tangible Assets Full definition →		15.93%	16.50%	14.05%	13.56%
Average Days of Receivables Full definition →		54.87	56.34	53.56	51.28
Free Cash Flow per Share Full definition →		2.28	1.88	2.49	2.47
Free Cash Flow Full definition →		1,335.00	1,089.50	1,433.60	1,424.10
Capital Expenditures Full definition →		(260.20)	(269.10)	(286.70)	(292.80)
Other line items
Cash ROIC Full definition →		8.80%	7.46%	9.20%	8.79%
Accounts Receivable Turnover Full definition →		7.40	7.31	7.01	7.29
Accounts Payable Turnover Full definition →		6.28	7.89	7.75	8.05
Inventory Turnover Full definition →		1.21	1.25	1.27	1.28
Average Days of Payables Full definition →		62.24	47.38	53.24	49.68
Days of Inventory on Hand Full definition →		308.10	292.74	286.09	288.43
Tax Rate Full definition →		(0.17)	(0.17)	(0.31)	(0.31)
Research and Development Expense of Revenue Full definition →		17.79%	17.26%	16.75%	16.35%
Selling, General and Administrative Expense of Revenue Full definition →		34.37%	33.98%	33.80%	33.67%
Share Based Compensation of Revenue Full definition →		2.61%	2.59%	2.58%	2.59%
Operating CF/Net income Full definition →		1.49	1.24	1.71	1.68
Depreciation/Fixed assets Full definition →		0.09	0.09	0.09	0.09
Capex/Depreciation Full definition →		(1.66)	(1.67)	(1.73)	(1.71)
Revenue per Share Full definition →		10.38	10.88	11.30	11.58
Operating CF per Share Full definition →		2.73	2.35	2.98	2.98
Capex per Share Full definition →		(0.44)	(0.46)	(0.50)	(0.51)
Capex to Sales Full definition →		0.04	0.04	0.04	0.04

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Columns are period end dates · fundamentals updated 6 Nov 2026

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