Edwards Lifesciences (EW) EBITDA Margin (2009 - 2026)
Edwards Lifesciences (EW) posted EBITDA Margin of 29.48% for Q2 2026, up 1.75% on a QoQ basis from 28.97% in Q1 2026, and up 264.0% year-over-year from 8.1% in Q2 2025.
Analysis
Edwards Lifesciences (EW) EBITDA Margin (2009 - 2026) Analysis & Trends
Edwards Lifesciences has reported EBITDA Margin for 18 years, with the latest figure at 29.48% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 264.0% year-over-year to 29.48% in Q2 2026; TTM through Jun 2026 was 22.25%, a 359.0% decrease from a year earlier, with the FY2025 full-year figure at 20.84%, down 451.0% from the prior year.
- EBITDA Margin was 29.48% for Q2 2026 at Edwards Lifesciences, up from 28.97% in the prior quarter.
- The five-year high for EBITDA Margin was 45.99% in Q4 2022, with the low at 9.63% in Q4 2025.
- Average EBITDA Margin over 5 years is 27.55%, with a median of 27.67% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin soared 1783 bps in 2022, then tumbled 1860 bps in 2023.
- Over 5 years, EBITDA Margin stood at 45.99% in 2022, then sank by 40 bps to 27.38% in 2023, then retreated by 18 bps to 22.56% in 2024, then slumped by 57 bps to 9.63% in 2025, then soared by 206 bps to 29.48% in 2026.
- The last three EBITDA Margin figures came in at 29.48% (Q2 2026), 28.97% (Q1 2026), and 9.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.02 Bn | 176.42 Bn | 7.27 Bn | 13.44% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 33.60% |
| 3 | Medtronic | 117.91 Bn | 109.10 Bn | 6.34 Bn | 18.08% |
| 4 | Stryker | 105.64 Bn | 102.17 Bn | 4.50 Bn | 25.18% |
| 5 | Boston Scientific | 64.99 Bn | 64.45 Bn | 3.85 Bn | 21.65% |
| 6 | Edwards Lifesciences | 49.92 Bn | 45.67 Bn | 1.35 Bn | 29.48% |
| 7 | Alcon | 33.23 Bn | 31.78 Bn | 1.68 Bn | 0.40% |
| 8 | Dexcom | 32.10 Bn | 30.16 Bn | 830.00 Mn | 24.33% |
| 9 | Steris | 20.83 Bn | 20.35 Bn | 684.20 Mn | 19.15% |
| 10 | Zimmer Biomet Holdings | 17.82 Bn | 17.41 Bn | 1.54 Bn | 14.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 29.79% |