Edwards Lifesciences (EW) Debt Ratio (2009 - 2026)
Edwards Lifesciences' Debt Ratio was 0.04 in Q3 2026, down 6.1% from 0.05 a year earlier and down 1.9% from the prior quarter.
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Analysis
Edwards Lifesciences (EW) Debt Ratio (2009 - 2026) Analysis & Trends
From Q4 2009 onward, Edwards Lifesciences has reported Debt Ratio for 67 quarters.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.05 in FY2024 (-28.2%), 0.06 in FY2023 (-11.3%), 0.07 in FY2022 (+2.6%) and 0.07 in FY2021 (-14.8%).
- The Q3 2026 figure marks the lowest quarterly Debt Ratio since Q4 2010.
- Compared with a year earlier, Debt Ratio has declined for 15 straight quarters, with an average decline of 12.0% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 2.6%); the worst was Q4 2024 (a decline of 28.2%).
- Per Business Quant data, EW's Debt Ratio in the three quarters before Q3 2026 was 0.04 (Q2 2026), 0.04 (Q1 2026) and 0.04 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 0.36 |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 0.29 |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 0.32 |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 0.26 |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 0.04 |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 0.33 |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.04 |
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.05 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | 0.06 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.07 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.07 |
API Access
Edwards Lifesciences Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=EW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "EW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();