Edwards Lifesciences (EW) EBIT Margin (2009 - 2026)
Edwards Lifesciences' EBIT Margin was 17.44% in Q3 2026, down 2.34 percentage points from 19.77% a year earlier and down 12.04 percentage points from the prior quarter.
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Analysis
Edwards Lifesciences (EW) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Edwards Lifesciences' EBIT Margin was 21.59% through Sep 30, 2026, down 2.64 percentage points year-over-year; for FY2025, it came in at 20.84%, down 4.51 percentage points from FY2024.
- EBIT Margin has now declined for three consecutive years, though with a five-year change of +0.37 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 25.35% in FY2024 (-0.78 pp), 26.13% in FY2023 (-7.44 pp), 33.57% in FY2022 (+1.26 pp) and 32.30% in FY2021 (+11.84 pp).
- Quarterly EBIT Margin has moved between 9.63% (Q4 2025) and 45.99% (Q4 2022) over five years.
- Compared with a year earlier, EBIT Margin was higher in four of the last eight quarters, with an average year-over-year change of -2.60 percentage points.
- The best year-over-year quarter for EBIT Margin over five years was Q4 2022 (a gain of 17.83 percentage points); the worst was Q4 2023 (a drop of 18.60 percentage points).
- Per Business Quant data, EW's EBIT Margin in the three quarters before Q3 2026 was 29.48% (Q2 2026), 28.97% (Q1 2026) and 9.63% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 18.65% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 10.44% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 19.00% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 19.44% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 15.86% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 16.12% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 17.44% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 6.36% |
| 10 | Agilent Technologies | 50.15 Bn | 43.04 Bn | 1.04 Bn | 23.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.44% |
| Jun 30, 2026 | 29.48% |
| Mar 31, 2026 | 28.97% |
| Dec 31, 2025 | 9.63% |
| Sep 30, 2025 | 19.77% |
| Jun 30, 2025 | 26.84% |
| Mar 31, 2025 | 27.95% |
| Dec 31, 2024 | 22.56% |
| Sep 30, 2024 | 25.89% |
| Jun 30, 2024 | 26.76% |
| Mar 31, 2024 | 26.24% |
| Dec 31, 2023 | 27.38% |
| Sep 30, 2023 | 29.43% |
| Jun 30, 2023 | 20.60% |
| Mar 31, 2023 | 31.80% |
| Dec 31, 2022 | 45.99% |
| Sep 30, 2022 | 30.51% |
| Jun 30, 2022 | 33.44% |
| Mar 31, 2022 | 32.72% |
| Dec 31, 2021 | 28.16% |
API Access
Edwards Lifesciences EBIT Margin 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=ebit-margin&ticker=EW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();