Edwards Lifesciences Corporation EW
86.29
0.56
0.65%
as of 25 Sep
- Market cap
- $49.4B
- P/E
- 49.6×
Follow EW
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
Edwards Lifesciences Corporation (EW) Operating margin
Edwards Lifesciences Corporation's operating margin over the twelve months to 30 June 2026 was 22.3%, up 1.4 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 −15.0% and above the Healthcare sector median of 0.00%.
Operating margin, annual
Annual
| 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
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 29.5% | 0.51 |
| Mar 2026 | 29.0% | 19.34 |
| Dec 2025 | 9.63% | (10.14) |
| Sep 2025 | 19.8% | (7.07) |
| 42 more quarters | Free account |
Against its own ten years
Low 20.1%
High 33.6%
Ten-year median
26.1%
Current reading's percentile
27
Operating margin against peers
| Company | Operating margin |
|---|---|
| DXCM DexCom, Inc. compare | 22.9% |
| EW Edwards Lifesciences Corporation | 22.3% |
| SYK Stryker Corporation compare | 21.4% |
| BSX Boston Scientific Corporation compare | 19.8% |
| STE STERIS plc compare | 18.9% |
| MDT Medtronic PLC compare | 18.1% |
| ZBH Zimmer Biomet Holdings, Inc. compare | 14.2% |
| GEHC GE HealthCare Technologies Inc. compare | 12.9% |
| PHG Koninklijke Philips N.V. compare | 9.64% |
| Medical Devices industry median | −15.0% |
| 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
More on EW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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