YOLFTbeta
Edwards Lifesciences Corp

Edwards Lifesciences Corp

EW · NYSE · Healthcare / Medical Devices

107.15USD+1.35 (+1.28%)

Price History

Full chart

Market Stats

Previous Close105.80
Open106.11
Day Range106.01 – 107.69
52-Week Range74.66 – 96.29
Volume3.82M
Market Cap52.20B
P/E (TTM)53.90
Forward P/E26.32
EPS1.68
Dividend Yield0.00%
Beta0.86
50-Day Avg88.06
200-Day Avg85.23

About

Edwards Lifesciences Corporation provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL and EVOQUE brands. The company also provides surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS brand name; INSPIRIS RESILIA aortic valve, which offers RESILIA tissue and VFit technology; KONECT RESILIA, a pre-assembled tissue valve conduit for complex combined procedures; and MITRIS RESILIA valve. It distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Bernard J. Zovighian
  • Employees16.00K
  • HeadquartersOne Edwards Way, Irvine, CA, United States, 92614, USA
  • Websitehttps://www.edwards.com

Leadership

  • Mr. Bernard J. ZovighianCEO & Director · b. 1968
  • Mr. Donald E. Bobo Jr.Corporate Vice President of Strategy & Corporate Development · b. 1962
  • Mr. Daveen ChopraCorporate Vice President of Transcatheter Mitral & Tricuspid Therapies · b. 1979
  • Ms. Annette Maria BrulsCorporate Vice President of EMEA, Canada, & Latin America · b. 1971
  • Ms. Theodora MistrasCorporate VP & CFO · b. 1982
  • Mr. Joseph NuzzoleseCorporate Vice President of Global Operations & Quality
  • Mr. Andrew M. DahlPrincipal Accounting Officer, Senior VP & Corporate Controller · b. 1978
  • Dr. Todd Brinton FACC, M.D.Corporate VP of Advanced Innovation & Technology and Chief Scientific Officer
  • Mr. Snehashish SarkarSenior VP and Chief Information & Digital Officer · b. 1975
  • Mr. Mark D. PetersonCorporate VP & General Counsel · b. 1963

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue905.00M804.00M692.00M704.00M860.50M931.50M997.90M1.04B1.09B1.24B1.32B1.45B1.68B1.90B2.05B2.32B2.49B2.96B3.44B3.72B4.35B4.39B5.23B5.38B6.00B5.44B6.07B
Growth (%)--11.16%-13.93%+1.73%+22.23%+8.25%+7.13%+3.92%+5.22%+13.44%+6.76%+9.51%+16.01%+13.17%+7.68%+13.56%+7.35%+18.85%+15.91%+8.37%+16.79%+0.88%+19.29%+2.86%+11.56%-9.41%+11.55%
Cost of Revenue466.00M423.00M324.00M299.10M359.40M370.20M374.60M383.30M381.30M408.90M399.10M410.10M460.80M506.80M543.90M631.20M684.30M805.80M882.90M922.10M1.16B1.10B1.23B1.17B1.38B1.12B1.33B
Gross Profit439.00M381.00M368.00M404.90M501.10M561.30M623.30M653.70M709.80M828.80M922.30M1.04B1.22B1.39B1.50B1.69B1.81B2.16B2.55B2.80B3.19B3.29B4.01B4.22B4.63B4.32B4.74B
Gross Margin48.51%47.39%53.18%57.51%58.23%60.26%62.46%63.04%65.05%66.96%69.80%71.66%72.55%73.32%73.41%72.83%72.56%72.81%74.30%75.23%73.43%74.94%76.57%78.31%77.02%79.46%78.13%
Operating Expense322.00M286.00M344.00M352.80M362.70M406.90M447.70M490.20M540.30M619.80M684.30M754.40M888.70M996.10M1.07B1.20B1.23B1.34B1.54B1.71B1.99B1.99B2.40B2.51B3.09B2.94B3.10B
Operating Income117.00M95.00M24.00M52.10M138.40M154.40M175.60M163.50M169.50M209.00M238.00M282.50M329.10M396.70M433.00M487.20M575.90M815.50M1.01B1.09B1.20B1.30B1.61B1.70B1.53B1.38B1.64B
Operating Margin12.93%11.82%3.47%7.40%16.08%16.58%17.60%15.77%15.53%16.89%18.01%19.52%19.61%20.88%21.17%20.97%23.09%27.52%29.40%29.34%27.55%29.55%30.78%31.63%25.55%25.35%26.97%
EBITDA201.00M169.00M81.10M92.50M184.00M100.00M185.20M239.60M213.70M227.20M296.70M327.10M344.70M452.80M589.80M1.23B706.60M827.10M1.14B872.20M1.28B1.05B1.86B1.93B1.53B1.72B1.43B
EBITDA Margin22.21%21.02%11.72%13.14%21.38%10.74%18.56%23.11%19.59%18.36%22.45%22.61%20.53%23.84%28.83%53.13%28.34%27.91%33.18%23.43%29.51%23.85%35.58%35.92%25.55%31.68%23.56%
Net Income82.00M-272.00M-12.00M55.70M79.00M1.70M79.30M130.50M113.00M128.90M229.10M218.00M236.70M293.20M391.70M811.10M494.90M569.50M622.10M722.20M1.05B823.40M1.50B1.52B1.40B4.17B1.07B
Net Income Margin9.06%-33.83%-1.73%7.91%9.18%0.18%7.95%12.58%10.36%10.41%17.34%15.07%14.10%15.43%19.15%34.92%19.85%19.22%18.11%19.40%24.08%18.77%28.73%28.28%23.35%76.75%17.69%
R&D55.00M55.00M55.00M65.20M72.80M87.00M99.00M114.20M122.30M139.20M175.50M204.40M246.30M291.30M323.00M346.50M383.10M442.20M552.60M622.20M752.70M760.70M903.10M945.20M1.07B1.05B1.08B
R&D as % of Total Revenue6.08%6.84%7.95%9.26%8.46%9.34%9.92%11.01%11.21%11.25%13.28%14.13%14.67%15.33%15.79%14.92%15.36%14.92%16.09%16.71%17.31%17.34%17.26%17.56%17.85%19.36%17.79%
Interest Expense0023.00M11.50M13.20M14.20M12.30M10.50M9.10M7.20M1.10M2.40M3.10M4.40M5.80M21.60M18.40M18.00M23.20M33.40M27.30M22.20M24.80M26.20M17.60M19.80M20.40M
Interest Expense % of Total Revenue0.00%0.00%3.32%1.63%1.53%1.52%1.23%1.01%0.83%0.58%0.08%0.17%0.18%0.23%0.28%0.93%0.74%0.61%0.68%0.90%0.63%0.51%0.47%0.49%0.29%0.36%0.34%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.44B1.09B973.00M1.01B1.10B1.11B1.23B1.25B1.35B1.40B1.62B1.77B1.98B2.22B2.72B3.52B4.06B4.51B5.70B5.32B6.49B7.24B8.50B8.29B9.36B13.06B13.70B
Total Liabilities213.00M648.00M514.00M468.80M466.30M484.60M539.10M497.40M510.10M521.40M457.60M459.00M642.60M742.20M1.17B1.33B1.56B1.89B2.70B2.18B2.34B2.66B2.67B2.49B2.64B2.99B3.36B
Total Equity1.22B440.00M459.00M539.40M635.10M628.10M690.00M749.40M835.00M878.80M1.16B1.31B1.34B1.48B1.56B2.19B2.50B2.62B2.99B3.14B4.15B4.57B5.84B5.81B6.65B10.00B10.34B
Cash-28.00M48.00M34.20M61.10M48.90M178.60M182.80M141.80M218.70M334.10M396.10M171.20M310.90M420.40M653.80M718.40M930.10M818.30M714.10M1.18B1.18B862.80M769.00M1.13B3.05B2.94B
Total Debt-428.00M310.90M245.50M255.80M267.10M316.10M235.90M211.70M175.50M90.30M41.80M150.40M189.30M593.10M598.10M599.90M822.30M1.04B593.80M678.80M694.90M690.30M691.30M685.10M700.00M705.40M
Net Debt-400.00M263.20M211.30M194.70M218.20M137.50M53.10M69.90M-43.20M-243.80M-354.30M-20.80M-121.60M172.70M-55.70M-118.50M-107.80M218.10M-120.30M-500.30M-488.30M-172.50M-77.70M-447.20M-2.35B-2.23B

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow176.00M137.00M101.00M120.60M122.30M180.60M136.80M230.80M210.20M153.20M165.30M251.40M314.50M373.80M472.70M1.02B549.70M704.40M1.00B926.80M1.18B1.05B1.73B1.22B895.80M542.30M1.60B
Investing Cash Flow-49.00M-75.00M-4.00M-68.30M-63.30M-177.10M-27.20M-35.70M-144.50M58.80M40.10M-61.50M-412.80M-90.50M-412.70M-633.00M-316.10M-211.70M-647.20M76.70M-595.80M-531.10M-1.72B252.30M173.80M2.31B-712.90M
Financing Cash Flow-127.00M-37.00M-78.00M-69.50M-15.00M-20.50M29.00M-193.60M-108.10M-134.10M-91.80M-103.90M-135.20M-155.60M34.90M-153.00M-158.60M-268.50M-473.20M-1.10B-115.60M-486.90M-356.30M-1.58B-711.00M-983.00M-956.80M
Capital Expenditure42.00M46.00M38.00M40.70M37.90M42.50M48.50M59.40M62.50M78.00M64.00M63.00M90.60M127.70M110.10M93.70M106.50M217.40M175.50M241.70M278.40M407.30M329.80M264.80M266.30M252.40M260.20M
Free Cash Flow134.00M91.00M63.00M79.90M84.40M138.10M88.30M171.40M147.70M75.20M101.30M188.40M223.90M246.10M362.60M928.60M443.20M487.00M825.20M685.10M901.00M647.00M1.40B953.40M629.50M289.90M1.33B
Dividends Paid---------206.30M129.30M254.40M526.10M407.00M1.30B226.30M31.40M253.50M0688.00M18.90M140.50M158.60M146.40M169.90M--
FCF to OCF76.14%66.42%62.38%66.25%69.01%76.47%64.55%74.26%70.27%49.09%61.28%74.94%71.19%65.84%76.71%90.83%80.63%69.14%82.46%73.92%76.39%61.37%80.96%78.26%70.27%53.46%83.69%
Dividend Paid to FCF---------274.34%127.64%135.03%234.97%165.38%359.90%24.37%7.08%52.05%0.00%100.42%2.10%21.72%11.31%15.36%26.99%--

Earnings

Report DateMar 31, 2000Aug 24, 2000Oct 31, 2000Feb 6, 2001Apr 26, 2001Jul 26, 2001Oct 25, 2001Feb 5, 2002Apr 23, 2002Jul 24, 2002Oct 22, 2002Feb 3, 2003Apr 22, 2003Jul 22, 2003Oct 20, 2003Feb 3, 2004Apr 22, 2004Jul 27, 2004Oct 21, 2004Jan 27, 2005Apr 21, 2005Jul 21, 2005Oct 25, 2005Feb 2, 2006Apr 20, 2006Jul 24, 2006Oct 19, 2006Feb 5, 2007Apr 23, 2007Jul 23, 2007Oct 22, 2007Feb 5, 2008Apr 22, 2008Jul 22, 2008Oct 21, 2008Feb 3, 2009Apr 27, 2009Jul 20, 2009Oct 21, 2009Feb 4, 2010Apr 20, 2010Jul 21, 2010Oct 25, 2010Feb 2, 2011Apr 20, 2011Jul 21, 2011Oct 19, 2011Feb 2, 2012Apr 24, 2012Jul 24, 2012Oct 19, 2012Feb 4, 2013Apr 23, 2013Jul 25, 2013Oct 28, 2013Feb 3, 2014Apr 24, 2014Jul 29, 2014Oct 23, 2014Feb 3, 2015Apr 23, 2015Jul 28, 2015Oct 26, 2015Feb 2, 2016Apr 26, 2016Jul 26, 2016Oct 25, 2016Feb 1, 2017Apr 25, 2017Jul 26, 2017Oct 24, 2017Feb 1, 2018Apr 24, 2018Jul 26, 2018Oct 23, 2018Jan 31, 2019Apr 23, 2019Jul 23, 2019Oct 23, 2019Jan 30, 2020Apr 23, 2020Jul 23, 2020Oct 21, 2020Jan 27, 2021Apr 20, 2021Jul 29, 2021Oct 27, 2021Jan 26, 2022Apr 26, 2022Jul 28, 2022Oct 27, 2022Jan 31, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Feb 6, 2024Apr 25, 2024Jul 24, 2024Oct 24, 2024Feb 4, 2025Apr 23, 2025Jul 24, 2025Oct 30, 2025Feb 10, 2026Apr 23, 2026Jul 23, 2026Oct 29, 2026Nov 4, 2026
EPS Estimate-0.010.020.020.020.020.020.020.020.030.030.030.030.030.030.030.030.030.030.040.040.040.040.040.040.050.040.040.050.050.030.040.040.050.050.060.060.060.060.070.070.070.070.090.070.080.070.100.080.110.090.130.130.130.110.140.110.130.120.160.170.170.160.200.220.230.230.240.270.290.290.300.370.380.340.390.410.440.410.500.410.190.440.530.470.550.530.550.570.640.620.610.610.650.590.640.640.690.590.550.600.620.590.620.730.730.730.73
EPS Actual0.020.010.020.020.020.020.020.020.020.030.030.030.030.030.030.040.030.040.030.040.040.040.040.040.050.050.040.050.050.050.040.050.050.060.050.070.060.070.060.070.070.080.070.090.090.080.060.100.090.110.100.150.120.140.110.150.130.150.130.180.190.190.180.210.240.250.230.250.310.360.280.310.410.410.360.390.440.460.470.490.500.340.510.500.540.640.540.510.600.630.610.640.620.660.590.640.660.700.670.590.640.670.670.580.780.78--
Surprise-0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%33.33%0.00%33.33%0.00%0.00%0.00%0.00%0.00%0.00%25.00%0.00%0.00%25.00%0.00%0.00%33.33%25.00%25.00%20.00%0.00%16.67%0.00%16.67%0.00%0.00%0.00%14.29%0.00%0.00%28.57%0.00%-14.29%0.00%12.50%0.00%11.11%15.38%-7.69%7.69%0.00%7.14%18.18%15.38%8.33%12.50%11.76%11.76%12.50%5.00%9.09%8.70%0.00%4.17%14.81%24.14%-3.45%3.33%10.81%7.89%5.88%0.00%7.32%4.55%14.63%-2.00%21.95%78.95%15.91%-5.66%14.89%16.36%1.89%-7.27%5.26%-1.56%-1.61%4.92%1.64%1.54%0.00%0.00%3.13%1.45%13.56%6.38%6.67%8.06%13.56%-6.39%6.85%6.85%--
Timing--------After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap52.20B
Enterprise Value47.79B
Trailing P/E53.90
Forward P/E26.32
PEG Ratio1.87
Price / Sales8.02
Price / Book4.84
EPS1.68
Book Value18.42
Revenue (TTM)6.51B
Gross Profit (TTM)5.07B
EBITDA2.00B
Profit Margin15.43%
Operating Margin29.84%
Return on Equity9.18%
Return on Assets8.37%
Shares Outstanding576.40M
Shares Float574.49M
Beta0.86
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 30 analystsTarget 101.39
  • Strong Buy
    18
  • Buy
    5
  • Hold
    7

Ownership Breakdown

Institutions
95.67%
Insiders
0.19%
Retail / Other
4.14%

Top Institutional Holders

  • BlackRock Inc
    58.79M10.20%
  • Vanguard Capital Management, LLC
    37.62M6.53%
  • Vanguard Portfolio Management, LLC
    26.41M4.58%
  • State Street Corp
    26.32M4.57%
  • JPMorgan Chase & Co
    22.78M3.95%
  • Wellington Management Company LLP
    16.83M2.92%
  • Geode Capital Management, LLC
    15.44M2.68%
  • Bank of New York Mellon Corp
    14.08M2.44%
  • DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main
    13.00M2.26%
  • Ninety One UK Limited
    12.34M2.14%
  • Aristotle Capital Management LLC
    8.67M1.50%
  • AllianceBernstein L.P.
    8.66M1.50%
  • FMR Inc
    8.44M1.46%
  • NORGES BANK
    8.37M1.45%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    18.28M3.17%
  • Vanguard 500 Index Investor
    15.14M2.63%
  • Vanguard MStar Mid Cap Index Instl
    12.34M2.14%
  • Vanguard Health Care Inv
    10.69M1.85%
  • iShares Core S&P 500 ETF
    7.68M1.33%
  • Fidelity 500 Index
    7.47M1.30%

Stock Splits

  • Jun 1, 20203:1
  • Dec 14, 20152:1
  • May 28, 20102:1