Edwards Lifesciences Corporation (EW) vs STERIS plc (STE)
Edwards Lifesciences Corporation and STERIS plc are both Medical Devices companies. Edwards Lifesciences Corporation is the larger, with a market value of $49.4B against $20.4B — 2.4× the size. STERIS plc trades at the lower P/E: 25.4× against 49.6×. Edwards Lifesciences Corporation grew revenue faster over the last twelve months: 14.6% against 8.37%. Edwards Lifesciences Corporation has the higher net margin (15.4% vs 13.3%) and the higher return on invested capital (12.8% vs 8.27%). Across the 22 metrics below, STERIS plc leads on 13 and Edwards Lifesciences Corporation on 9.
Valuation
Profitability
| Metric | EW | STE | Medical Devices median |
|---|---|---|---|
| Gross margin | 77.84% | 44.43% | 56.01% |
| Operating margin | 22.25% | 18.91% | (15.03%) |
| Net margin | 15.43% | 13.33% | (20.40%) |
| Free cash flow margin | 22.01% | 15.50% | (7.24%) |
| Return on equity | 9.42% | 11.35% | (15.32%) |
| Return on assets | 7.35% | 7.62% | (19.72%) |
| Return on invested capital | 12.81% | 8.27% | (10.33%) |
Growth
Health
Dividend
Size
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