Edwards Lifesciences Corporation EW
- Market cap
- $49.4B
- P/E
- 49.6×
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Edwards Lifesciences Corporation (EW) Free cash flow
Edwards Lifesciences Corporation's free cash flow for fiscal 2025 was $1.3B, up 413.7% from $259.9M in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.4B. Over the past ten years it has ranged from $259.9M (fiscal 2024) to $1.4B (fiscal 2021); the current reading is higher than 91% of that period. Edwards Lifesciences Corporation ranks 8th of 149 Medical Devices companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.3B | 413.66% |
| FY2024 | $259.9M | (58.71%) |
| FY2023 | $629.5M | (33.97%) |
| FY2022 | $953.4M | (32.01%) |
| FY2021 | $1.4B | 116.74% |
| FY2020 | $647.0M | (28.47%) |
| FY2019 | $904.5M | 32.04% |
| FY2018 | $685.0M | (16.99%) |
| FY2017 | $825.2M | 69.45% |
| FY2016 | $487.0M | 9.88% |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $585.0M | — |
| Mar 2026 | −$21.1M | — |
| Dec 2025 | $353.5M | (31.52%) |
| Sep 2025 | $516.2M | 114.28% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| MDT Medtronic PLC compare | $6.1B |
| SYK Stryker Corporation compare | $4.7B |
| BSX Boston Scientific Corporation compare | $3.6B |
| PHG Koninklijke Philips N.V. compare | $1.8B |
| GEHC GE HealthCare Technologies Inc. compare | $1.6B |
| EW Edwards Lifesciences Corporation | $1.4B |
| DXCM DexCom, Inc. compare | $1.4B |
| ZBH Zimmer Biomet Holdings, Inc. compare | $1.0B |
| STE STERIS plc compare | $936.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on EW
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement