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MARKETS / NYSE / EW
NYSE · ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES · LARGE CAP

Edwards Lifesciences Corp. EW

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.1B
▲ 11.5% YoY
$1.1B
▼ 74.3% YoY
$1.3B
▲ 360.5% YoY
Growth
USD 6.1B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.1 · Net income 1.1
2.5B5.0B2008201120142017202020232025
Compound annual growth
+10.8%
+6.7%
+9.3%
+10.0%
−11.0%
−9.1%
+7.1%
−21.5%
+8.0%
+14.0%
+9.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.8% · Net 17.6%
20%40%60%2008201120142017202020232025
ROE
FY2025 · ROE 10.6%
20%40%2008201120142017202020232025

Each USD of equity produced 11 cents of profit this year.

Cash & shareholders
USD 804.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.3
0.5B1.0B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 0.8
0.8B1.6B2008201120142017202020232025

USD 804.2M in buybacks — 75% of the year's profit went back to shareholders.

Total assetsUSD 13.7B
EquityUSD 10.3B
CashUSD 2.9B
Gross debtUSD 598.3M
Net debtUSD -2.3B
Current ratio3.72×

The company holds more cash than debt.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B6.15.45.04.55.24.44.33.73.43.02.52.32.01.91.71.41.31.2
Operating income $B1.31.41.31.51.70.91.10.71.10.8········
EBITDA $B1.41.51.51.61.81.01.20.81.20.8········
Income tax $B0.20.20.20.20.20.10.10.00.50.20.10.30.10.10.00.10.10.0
Net income $B1.14.21.41.51.50.81.00.70.60.60.50.80.40.30.20.20.20.1
Free cash flow $B1.30.30.61.01.40.60.90.70.80.50.40.90.40.30.20.20.10.1
EPS, diluted $1.836.972.302.442.381.301.641.132.702.612.253.741.712.461.981.831.951.10
Dividend / sh $··················
Payout %··················
ROE %10.650.222.526.128.918.928.723.720.922.221.143.425.820.918.017.722.514.7
Shares out B0.580.590.600.610.620.620.210.210.210.210.220.110.110.110.110.120.06·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOrthopedic, Prosthetic & Surgical Appliances & Supplies
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008

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