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

101.39 0.57 +0.57%
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) Return on equity

Alert me on Return on equity

Edwards Lifesciences Corporation's return on equity over the twelve months to 30 September 2026 was 9.65%, down 0.9 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from 10.5% (fiscal 2025) to 49.8% (fiscal 2024) — the current reading is the lowest in ten years. That is above the Medical Devices industry median of −10.4% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.5% (39.23)
FY2024 49.8% 27.36
FY2023 22.4% (3.75)
FY2022 26.1% (2.74)
FY2021 28.9% 10.00
FY2020 18.9% (9.85)
FY2019 28.7% 5.04
FY2018 23.7% 2.75
FY2017 20.9% (1.30)
FY2016 22.2% 1.16

Against its own ten years

Low 10.5% High 49.8%
Ten-year median 22.4%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
DXCM DexCom, Inc. compare 37.7%
GEHC GE HealthCare Technologies Inc. compare 19.9%
SYK Stryker Corporation compare 16.0%
BSX Boston Scientific Corporation compare 14.2%
STE STERIS plc compare 11.6%
MDT Medtronic PLC compare 10.6%
EW Edwards Lifesciences Corporation 9.65%
PHG Koninklijke Philips N.V. compare 8.54%
ZBH Zimmer Biomet Holdings, Inc. compare 6.02%
Medical Devices industry median −10.4%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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