stockrowEdwards 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
- +6.00%
- Free cash flow
- −1.84%
- Total debt
- +0.10%
Quarter to September 2026, against a year earlier
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Edwards Lifesciences Corporation (EW) Operating margin
Edwards Lifesciences Corporation's operating margin over the twelve months to 30 September 2026 was 21.6%, up 0.8 percentage points from fiscal 2025 (20.8%). Over the past ten years it has ranged from 20.1% (fiscal 2018) to 33.6% (fiscal 2022); the current reading is higher than 27% of that period. That is above the Medical Devices industry median of −15.1% and above the Healthcare sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 20.8% | (4.51) |
| FY2024 | 25.4% | (0.78) |
| FY2023 | 26.1% | (7.44) |
| FY2022 | 33.6% | 1.27 |
| FY2021 | 32.3% | 11.84 |
| FY2020 | 20.5% | (5.92) |
| FY2019 | 26.4% | 6.28 |
| FY2018 | 20.1% | (11.61) |
| FY2017 | 31.7% | 5.26 |
| FY2016 | 26.5% | 0.68 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 17.4% | (12.04) |
| Jun 2026 | 29.5% | 0.51 |
| Mar 2026 | 29.0% | 19.34 |
| Dec 2025 | 9.63% | (10.14) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DXCM DexCom, Inc. compare | 24.0% |
| EW Edwards Lifesciences Corporation | 21.6% |
| SYK Stryker Corporation compare | 20.7% |
| STE STERIS plc compare | 19.0% |
| BSX Boston Scientific Corporation compare | 18.7% |
| MDT Medtronic PLC compare | 18.1% |
| ZBH Zimmer Biomet Holdings, Inc. compare | 13.6% |
| GEHC GE HealthCare Technologies Inc. compare | 13.3% |
| PHG Koninklijke Philips N.V. compare | 8.68% |
| Medical Devices industry median | −15.1% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
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