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.

Revenue
+10.5%
EPS
+4.60%
Free cash flow
−1.84%
Total debt
+0.10%

Quarter to September 2026, against a year earlier

101.94 1.12 +1.11%
Market cap
$58.1B
P/E
57.8×
Fwd P/E
36.5×
Dividend yield
—
F-score
5/9
Altman Z
11.54
Beneish M
−2.48
Dividend safety
n/a

Edwards Lifesciences Corporation (EW) P/S ratio

Alert me on P/S ratio

As of 6 November 2026, Edwards Lifesciences Corporation (EW) trades at a P/S ratio of 8.8×. Over the past ten years it has ranged from 5.6× (May 2015) to 16.0× (December 2021); the current reading is higher than 51% of that period. That is above the Medical Devices industry median of 2.7× and above the Healthcare sector median of 3.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 8.2× 1.01%
FY2024 8.1× (11.11%)
FY2023 9.2× (11.14%)
FY2022 10.3× (33.27%)
FY2021 15.4× 19.17%
FY2020 12.9× 15.89%
FY2019 11.2× 29.81%
FY2018 8.6× 25.67%
FY2017 6.8× (0.23%)
FY2016 6.9× 0.57%

Quarterly newest first

Period P/S ratio Change
Sep 2026 7.5× (6.91%)
Jun 2026 8.0× 8.81%
Mar 2026 7.4× (10.45%)
Dec 2025 8.2× 6.32%
43 more quarters

Against its own ten years

Low 5.6× High 16.0×
Ten-year median 8.7×
Current reading's percentile 47

P/S ratio against peers

Company P/S ratio
PHG Koninklijke Philips N.V. compare 1.4×
GEHC GE HealthCare Technologies Inc. compare 1.7×
ZBH Zimmer Biomet Holdings, Inc. compare 2.3×
BSX Boston Scientific Corporation compare 2.9×
MDT Medtronic PLC compare 3.5×
STE STERIS plc compare 4.0×
SYK Stryker Corporation compare 4.7×
DXCM DexCom, Inc. compare 5.8×
EW Edwards Lifesciences Corporation 8.8×
Medical Devices industry median 2.7×
Healthcare sector median 3.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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