Edwards Lifesciences (EW) EV to FCF (2010 - 2026)
Edwards Lifesciences' EV to FCF came in at 31.71 for Q3 2026, down 38.3% from 51.38 a year earlier and down 5.3% from the prior quarter.
Edwards Lifesciences (EW) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Edwards Lifesciences reported EV to FCF of 23.18, down 36.5% year-over-year; for FY2025, it came in at 33.92, down 75.2% from FY2024.
- Going back by year, EV to FCF was 136.81 in FY2024 (+98.7%), 68.87 in FY2023 (+51.8%), 45.37 in FY2022 (-19.6%) and 56.45 in FY2021 (-34.2%).
- The Q3 2026 figure represents the lowest quarterly EV to FCF since Q4 2017.
- Year-over-year, EV to FCF has declined for seven consecutive quarters, with an average decline of 27.7% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2024 (growth of 323.3%), and the weakest in Q4 2025 (a decline of 75.2%).
- Business Quant data shows EW's EV to FCF at 33.49 (Q2 2026), 39.04 (Q1 2026) and 33.92 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 262.02 Bn | 238.53 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 190.67 Bn | 164.53 Bn | 7.39 Bn |
| 3 | Danaher | 163.88 Bn | 143.53 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 160.79 Bn | 141.08 Bn | 2.08 Bn |
| 5 | Medtronic | 131.42 Bn | 96.67 Bn | 6.34 Bn |
| 6 | Stryker | 125.24 Bn | 111.42 Bn | 4.25 Bn |
| 7 | Boston Scientific | 63.54 Bn | 58.97 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 59.92 Bn | 43.12 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 58.88 Bn | 56.03 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 50.44 Bn | 43.33 Bn | 1.04 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.71 |
| Jun 30, 2026 | 33.49 |
| Mar 31, 2026 | 39.04 |
| Dec 31, 2025 | 33.92 |
| Sep 30, 2025 | 51.38 |
| Jun 30, 2025 | 71.40 |
| Mar 31, 2025 | 61.05 |
| Dec 31, 2024 | 136.81 |
| Sep 30, 2024 | 67.00 |
| Jun 30, 2024 | 93.93 |
| Mar 31, 2024 | 206.10 |
| Dec 31, 2023 | 68.87 |
| Sep 30, 2023 | 49.76 |
| Jun 30, 2023 | 79.61 |
| Mar 31, 2023 | 48.69 |
| Dec 31, 2022 | 45.37 |
| Sep 30, 2022 | 47.38 |
| Jun 30, 2022 | 45.40 |
| Mar 31, 2022 | 50.02 |
| Dec 31, 2021 | 56.45 |
Edwards Lifesciences EV to FCF 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=ev-to-fcf&ticker=EW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();