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Edwards Lifesciences EW Net debt / EBITDA

Net debt / EBITDA at other companies

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AbbottABT
2.5×+1.9×
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7.3×+2.2×
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Merit Medical SystemsMMSI
1.1×-0.5×
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ICU MedicalICUI
3.7×-0.3×
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-0.1×-2.9×
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LeMaitre VascularLMAT
-0.1×0.0×

Other financials

Income statement

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Revenue$1.7B+13.6%
Gross profit$1.3B+13.5%
Operating income$513.2M+24.8%
Net income$241.9M-27.4%
EPS (diluted)$0.42-25.0%

Balance sheet

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Cash & equivalents$2.4B-22.3%
Total debt$702.9M+0.5%
Total equity$10.3B+2.0%
Total assets$13.3B+2.3%

Cash flow

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Operating cash flow$43.8M-84.4%
CapEx$64.9M+15.9%
Free cash flow-$21.1M-109%

Valuation

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Market cap$51.48B+11.6%
Enterprise value$49.74B+11.0%
P/E51.2×+40.1×
P/S7.9×-0.2×

Profitability

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Gross margin77.8%-1.0pp
Operating margin22.3%-3.6pp
Net margin15.4%-57.5pp
FCF margin17.3%

Returns & leverage

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Return on equity10.7%-37.8pp
Debt / equity0.1×0.0×
Current ratio4.4×0.0×

Where this comes from

Calculated from Edwards Lifesciences’s reported figures.

Based on the most recent quarter.

The source filing: Edwards Lifesciences’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001099800-26-000026

FAQ

What is Edwards Lifesciences's net debt / EBITDA?
Edwards Lifesciences (EW) reported net debt / EBITDA of -1.2× in Q1 2026.
How has Edwards Lifesciences's net debt / EBITDA changed year-over-year?
Edwards Lifesciences's net debt / EBITDA increased by 25.5% year-over-year, from -1.6× to -1.2×.
What is the long-term trend for Edwards Lifesciences's net debt / EBITDA?
Over 5 years (2020 to 2025), Edwards Lifesciences's net debt / EBITDA has grown at a 25.6% compound annual growth rate (CAGR), from -0.5× to -1.6×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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