Edwards Lifesciences Corporation

Edwards Lifesciences Corporation

EWยทNYSE

$86.00

-1.9%
HealthcareMedical - Devices

Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of heart valves; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases. The company also provides the PASCAL and Cardioband transcatheter valve repair systems for minimally-invasive therapy. In addition, it offers surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS name; KONECT RESILIA, a pre-assembled aortic tissue valved conduit for patients who require replacement of the valve, root, and ascending aorta; and HARPOON Beating Heart Mitral Valve Repair System for patients with degenerative mitral regurgitation. Further, the company provides critical care solutions, including advanced hemodynamic monitoring systems to measure a patient's heart function and fluid status in surgical and intensive care settings; and Acumen Hypotension Prediction Index software that alerts clinicians in advance of a patient developing dangerously low blood pressure. The company distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.

At a Glance

Live Snapshot
Market Cap$49.52B
EPS1.8400
P/E Ratio46.74
Earnings Date07/23/2026
3Y+31.0%
5Y+51.0%
10Y+126.0%
3Y-383.0%
5Y+34.0%
10Y+237.0%
3Y-40.0%
5Y+97.0%
10Y+256.0%
EW

Edwards Lifesciences Corporation Cash Conversion Engine

EW ยท NYSE
Net Income1.07B
Depreciation & Amortization156.60M
Stock-Based Compensation158.10M
Change in Working Capital154.60M
Others174.10M
Capital Expenditures-260.20M
Free Cash Flow1.33B

Cash Flow Quality Analysis

FCF Conversion Rate

124.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

16.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+360.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$154.60M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Edwards Lifesciences Corporation Cash Flow Statement

EW โ€ข NYSE

Edwards Lifesciences Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
1.1B
4.2B
1.4B
1.5B
1.5B
823.4M
1B
722.2M
583.6M
569.5M
494.9M
811.1M
391.7M
293.2M
236.7M
218M
229.1M
128.9M
113M
130.5M
156.6M
155.2M
144.9M
139.6M
134.8M
107.2M
89.3M
77.4M
81.9M
71.2M
65.8M
68.6M
68.7M
57.3M
58M
56.5M
58.7M
55.6M
54.8M
56.8M
-117.6M
-323.4M
-272.1M
-254.5M
-41.4M
-49.4M
12.1M
-27.3M
17.8M
-37.4M
-95M
-71.1M
100K
8.1M
-600K
-11.2M
-4M
-23.5M
-5.6M
7.1M
158.1M
162.3M
139.4M
126.8M
109.3M
92.6M
81.3M
71M
61.6M
56.9M
49.9M
48.3M
47.4M
42.1M
35M
29.3M
28.3M
28.7M
27.7M
26.6M
174.1M
-3.4B
7.5M
105.8M
-119M
38.3M
154.1M
126.1M
21.6M
-21.9M
-30.3M
-24.9M
-56.7M
-38.4M
15.1M
-40.1M
-78.5M
33M
16.2M
24.7M
(0.0)
(1.2B)
(470.1M)
(504.1M)
(182.5M)
(197.9M)
(61.5M)
(223.7M)
(143.7M)
(99.9M)
(86.9M)
(274.7M)
(54M)
(38M)
(15.4M)
(14.7M)
(34.2M)
(37.2M)
(0.0)
(0.0)
154.6M
-259.3M
-526.3M
-421.4M
145.3M
42.2M
-204.3M
-42.6M
234.2M
66.1M
64.4M
190.3M
21.5M
11.5M
-29.7M
-1.1M
-68.3M
-69.5M
4.1M
-14.9M
1.6B
542.3M
895.8M
1.2B
1.7B
1.1B
1.2B
926.8M
1B
704.4M
549.7M
1B
472.7M
373.8M
314.5M
251.4M
165.3M
153.2M
210.2M
230.8M
INVESTING ACTIVITIES
-260.2M
-282.4M
-266.3M
-264.8M
-329.8M
-407.3M
-278.4M
-241.7M
-175.5M
-217.4M
-106.5M
-93.7M
-110.1M
-127.7M
-90.6M
-63M
-64M
-78M
-62.5M
-59.4M
(0.0)
-1.1B
-95.2M
(0.0)
(329.8M)
(407.3M)
-100.2M
-6.2M
-184.6M
-5.7M
-333.7M
-24.1M
-2.7M
-35.8M
-42.6M
-1.2M
(64M)
(69.6M)
-37M
(0.0)
-3.1B
-945.8M
-105.5M
-778.9M
-1.9B
-861.7M
-603.1M
-471.9M
-1.3B
-1.1B
-1.3B
-2.1B
-824.6M
-593.2M
-645.6M
-7.3M
-7.4M
-1.3M
-57.3M
-1.8M
2.9B
857.6M
715.8M
1.4B
529.2M
777M
409.9M
801.3M
1.1B
1.1B
1.4B
1.6B
526.4M
662.3M
362.1M
2.2M
13.7M
41M
5.6M
0.0
-195.7M
3.7B
-75M
-63.1M
-359.3M
-446.4M
-24M
-4.8M
-43.1M
1.2M
2.4M
3.1M
-1.7M
3.9M
3.9M
7.8M
33.8M
27.5M
6.7M
25.5M
-712.9M
(2.3B)
(173.8M)
(252.3M)
-1.7B
-531.1M
-595.8M
(76.7M)
-647.2M
-211.7M
-316.1M
-633M
-412.7M
-90.5M
-412.8M
-61.5M
(40.1M)
(58.8M)
-144.5M
-35.7M
FINANCING ACTIVITIES
-719.3M
-1.2B
-879.6M
-1.7B
-512.8M
-625.4M
-263.3M
-795.5M
-763.3M
-662.3M
-280.1M
-300.9M
-496.9M
-344.1M
-303.4M
-200M
-28.8M
-242.7M
-92.2M
-112.4M
0.0
0.0
-300K
-200K
-1.8M
-800K
-10M
-437.3M
176.3M
222.1M
1.9M
-12.7M
409.6M
39.5M
104.4M
-48.4M
-84.6M
94.2M
-27.9M
-85.9M
-893.4M
-1.2B
-879.6M
-1.7B
-512.8M
-625.4M
-263.3M
-795.5M
-763.3M
-662.3M
-280.1M
-300.9M
-496.9M
-344.1M
-303.4M
-200M
-95.5M
-306.5M
-130.9M
-145.9M
-237.5M
176.4M
168.9M
142.8M
158.3M
139.3M
157.7M
131.6M
113.8M
171.7M
119.6M
160.6M
122.2M
149M
63.8M
144.5M
21.6M
14.4M
12M
4.7M
-956.8M
-983M
-711M
-1.6B
-356.3M
-486.9M
-115.6M
-1.1B
-473.2M
-268.5M
-158.6M
-153M
34.9M
-155.6M
-135.2M
-103.9M
-91.8M
-134.1M
-108.1M
-193.6M
CASH FLOW SUMMARY
-44.8M
38.6M
16.8M
19.2M
13.9M
-20.5M
-3M
-6.5M
7.9M
-12.5M
-10.4M
-2.9M
14.6M
12M
8.6M
-24M
1.8M
-1M
1.4M
2.7M
-119.3M
1.9B
375.4M
-94.8M
-332.8M
15.8M
465M
-104.2M
-111.8M
211.7M
64.6M
233.4M
109.5M
139.7M
-224.9M
62M
115.4M
76.9M
-41M
4.2M
3.1B
1.1B
772.6M
867.4M
1.2B
1.2B
714.1M
818.3M
930.1M
718.4M
653.8M
420.4M
310.9M
171.2M
396.1M
334.1M
218.7M
141.8M
182.8M
178.6M
2.9B
3.1B
1.1B
772.6M
867.4M
1.2B
1.2B
714.1M
818.3M
930.1M
718.4M
653.8M
420.4M
310.9M
171.2M
396.1M
334.1M
218.7M
141.8M
182.8M
1.3B
289.9M
629.5M
953.4M
1.4B
647M
901M
685.1M
825.2M
487M
443.2M
928.6M
362.6M
246.1M
223.9M
188.4M
101.3M
75.2M
147.7M
171.4M

SEC Filings

EW - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 08, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 02, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 07, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 10, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 09, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
Showing 1 to 10 of 341 filings