Edwards Lifesciences Corporation EW

86.29 0.56 0.65% as of 25 Sep
Market cap
$49.4B
P/E
49.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Edwards Lifesciences Corporation (EW) Gross margin

Edwards Lifesciences Corporation's gross margin over the twelve months to 30 June 2026 was 77.8%, down 0.2 percentage points from fiscal 2025 (78.0%). Over the past ten years it has ranged from 73.1% (fiscal 2016) to 83.8% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Medical Devices industry median of 56.0% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 78.0% (1.45)
FY2024 79.5% (1.01)
FY2023 80.5% (3.32)
FY2022 83.8% 7.66
FY2021 76.1% 0.77
FY2020 75.4% 0.99
FY2019 74.4% (0.40)
FY2018 74.8% 0.25
FY2017 74.5% 1.43
FY2016 73.1% (2.16)

Quarterly

Period Gross margin Change (points)
Jun 2026 77.5% (0.55)
Mar 2026 78.0% (0.14)
Dec 2025 78.2% 0.38
Sep 2025 77.8% 0.25
42 more quarters

Against its own ten years

Low 73.1% High 83.8%
Ten-year median 75.4%
Current reading's percentile 73

Gross margin against peers

Company Gross margin
EW Edwards Lifesciences Corporation 77.8%
BSX Boston Scientific Corporation compare 69.9%
ZBH Zimmer Biomet Holdings, Inc. compare 69.9%
MDT Medtronic PLC compare 65.0%
SYK Stryker Corporation compare 65.0%
DXCM DexCom, Inc. compare 62.5%
PHG Koninklijke Philips N.V. compare 45.9%
STE STERIS plc compare 44.4%
GEHC GE HealthCare Technologies Inc. compare 39.5%
Medical Devices industry median 56.0%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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