Pricing Log in Create free account
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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Edwards Lifesciences Corporation (EW) trades at a P/E ratio of 49.8×. Over the past ten years it has ranged from 9.3× (October 2024) to 77.0× (June 2021); the current reading is higher than 79% of that period. That is above the Medical Devices industry median of 23.2× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 46.3× 336.84%
FY2024 10.6× (67.58%)
FY2023 32.7× 7.92%
FY2022 30.3× (43.37%)
FY2021 53.5× (22.74%)
FY2020 69.3× 49.11%
FY2019 46.5× 4.36%
FY2018 44.5× 10.46%
FY2017 40.3× 12.68%
FY2016 35.8× 3.94%

Quarterly newest first

Period P/E ratio Change
Jun 2026 52.0× 22.70%
Mar 2026 42.4× (8.55%)
Dec 2025 46.3× 38.81%
Sep 2025 33.4× 197.46%
42 more quarters

Against its own ten years

Low 9.3× High 77.0×
Ten-year median 39.9×
Current reading's percentile 77

P/E ratio against peers

Company P/E ratio
GEHC GE HealthCare Technologies Inc. compare 16.0×
BSX Boston Scientific Corporation compare 17.9×
PHG Koninklijke Philips N.V. compare 18.8×
ZBH Zimmer Biomet Holdings, Inc. compare 23.0×
MDT Medtronic PLC compare 23.2×
STE STERIS plc compare 27.1×
SYK Stryker Corporation compare 30.3×
DXCM DexCom, Inc. compare 33.2×
EW Edwards Lifesciences Corporation 49.8×
Medical Devices industry median 23.2×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on EW