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
+6.00%
Free cash flow
−1.84%
Total debt
+0.10%

Quarter to September 2026, against a year earlier

101.68 0.86 +0.85%
Market cap
$58.1B
P/E
56.7×
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) Revenue growth

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Edwards Lifesciences Corporation's revenue growth over the twelve months to 30 September 2026 was 13.4%, up 1.9 percentage points from fiscal 2025 (11.6%). Over the past ten years it has ranged from −14.7% (fiscal 2022) to 19.3% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Medical Devices industry median of 10.4% and above the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 11.6% 2.98
FY2024 8.57% (3.66)
FY2023 12.2% 26.92
FY2022 −14.7% (33.98)
FY2021 19.3% 18.41
FY2020 0.88% (15.91)
FY2019 16.8% 8.42
FY2018 8.37% (7.54)
FY2017 15.9% (2.94)
FY2016 18.9% 11.50

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 10.5% (3.17)
Jun 2026 13.6% (3.07)
Mar 2026 16.7% 3.44
Dec 2025 13.3% (1.41)
43 more quarters

Against its own ten years

Low −14.7% High 19.3%
Ten-year median 11.6%
Current reading's percentile 55

Revenue growth against peers

Company Revenue growth
EW Edwards Lifesciences Corporation 13.4%
DXCM DexCom, Inc. compare 13.0%
MDT Medtronic PLC compare 9.77%
BSX Boston Scientific Corporation compare 8.87%
STE STERIS plc compare 8.12%
PHG Koninklijke Philips N.V. compare 7.98%
SYK Stryker Corporation compare 7.87%
ZBH Zimmer Biomet Holdings, Inc. compare 6.98%
GEHC GE HealthCare Technologies Inc. compare 6.87%
Medical Devices industry median 10.4%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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