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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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Edwards Lifesciences Corporation (EW) trades at a P/S ratio of 7.7×. Over the past ten years it has ranged from 5.6× (May 2015) to 16.0× (December 2021); the current reading is higher than 24% of that period. That is above the Medical Devices industry median of 2.3× and above the Healthcare sector median of 3.4×.

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
Jun 2026 8.0× 8.81%
Mar 2026 7.4× (10.45%)
Dec 2025 8.2× 6.32%
Sep 2025 7.7× (4.30%)
42 more quarters

Against its own ten years

Low 5.6× High 16.0×
Ten-year median 8.7×
Current reading's percentile 17

P/S ratio against peers

Company P/S ratio
PHG Koninklijke Philips N.V. compare 1.2×
GEHC GE HealthCare Technologies Inc. compare 1.5×
ZBH Zimmer Biomet Holdings, Inc. compare 2.1×
BSX Boston Scientific Corporation compare 3.1×
MDT Medtronic PLC compare 3.2×
STE STERIS plc compare 3.6×
SYK Stryker Corporation compare 4.4×
DXCM DexCom, Inc. compare 6.6×
EW Edwards Lifesciences Corporation 7.7×
Medical Devices industry median 2.3×
Healthcare sector median 3.4×
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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