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Saturday 17 October 2026 Export EW’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Edwards Lifesciences Corporation (EW) Current ratio

Alert me on Current ratio

Edwards Lifesciences Corporation's current ratio at the end of the quarter to 30 June 2026 was 4.5×, up 0.8× from fiscal 2025 (3.7×). Over the past ten years it has ranged from 1.8× (fiscal 2017) to 4.3× (fiscal 2015); the current reading is higher than 73% of that period. That is above the Medical Devices industry median of 2.5× and above the Healthcare sector median of 3.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 3.7× (11.02%)
FY2024 4.2× 23.69%
FY2023 3.4× 11.49%
FY2022 3.0× (1.73%)
FY2021 3.1× (10.89%)
FY2020 3.5× 4.57%
FY2019 3.3× 26.75%
FY2018 2.6× 45.32%
FY2017 1.8× (57.32%)
FY2016 4.2× (2.18%)

Quarterly newest first

Period Current ratio Change
Jun 2026 4.5× 2.29%
Mar 2026 4.4× 18.98%
Dec 2025 3.7× (7.21%)
Sep 2025 4.0× (14.48%)
42 more quarters

Against its own ten years

Low 1.8× High 4.3×
Ten-year median 3.4×
Current reading's percentile 73

Current ratio against peers

Company Current ratio
EW Edwards Lifesciences Corporation 4.5×
SYK Stryker Corporation compare 2.2×
MDT Medtronic PLC compare 2.1×
STE STERIS plc compare 1.9×
DXCM DexCom, Inc. compare 1.7×
ZBH Zimmer Biomet Holdings, Inc. compare 1.7×
GEHC GE HealthCare Technologies Inc. compare 1.3×
PHG Koninklijke Philips N.V. compare 1.3×
BSX Boston Scientific Corporation compare 1.2×
Medical Devices industry median 2.5×
Healthcare sector median 3.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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