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Edwards Lifesciences EW Operating margin

Operating margin at other companies

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AbbottABT
15.8%-1.7pp
Artivion logo
ArtivionAORT
8.2%+4.1pp
Merit Medical Systems logo
Merit Medical SystemsMMSI
12.2%+0.6pp
ICU Medical logo
ICU MedicalICUI
3.3%+0.4pp
Boston Scientific logo
Boston ScientificBSX
19.8%+2.8pp
LeMaitre Vascular logo
LeMaitre VascularLMAT
29.5%+6.1pp

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$51.28B+11.2%
Enterprise value$49.54B+11.0%
P/E51×+39.9×
P/S7.9×-0.2×

Profitability

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Gross margin77.8%-1.0pp
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 trailing twelve months.

The source filing: Edwards Lifesciences’s 8-K, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:29 PM EDT
Accession
0001099800-26-000038

FAQ

What is Edwards Lifesciences's operating margin?
Edwards Lifesciences (EW) reported operating margin of 22.3% in Q2 2026.
How has Edwards Lifesciences's operating margin changed year-over-year?
Edwards Lifesciences's operating margin decreased by 13.9% year-over-year, from 25.8% to 22.3%.
What is the long-term trend for Edwards Lifesciences's operating margin?
Over 5 years (2020 to 2025), Edwards Lifesciences's operating margin has grown at a 0.4% compound annual growth rate (CAGR), from 20.5% to 20.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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