Edwards Lifesciences (EW) Free Cash Flow (2009 - 2026)
Edwards Lifesciences (EW) reported Free Cash Flow of $585 million for Q2 2026, up 142.8% from $240.9 million a year earlier.
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Analysis
Edwards Lifesciences (EW) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Edwards Lifesciences' Free Cash Flow came in at $1.43 billion, up 143.9% year-over-year; for FY2025, it was $1.34 billion, up 360.5% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $289.9 million in FY2024 (-54.9%), $642.8 million in FY2023 (-34.0%), $973.6 million in FY2022 (-30.8%) and $1.41 billion in FY2021 (+117.3%).
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow since Q2 2014.
- Year over year, Free Cash Flow gained in two of the last four quarters, with growth averaging 45.8%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2021 (growth of 317.7%); the low point was Q4 2023 (a decline of 77.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$21.1 million (Q1 2026), $353.5 million (Q4 2025) and $516.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 1.68 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 1.99 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 1.27 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 948.40 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 1.06 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 1.28 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 633.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 585.00 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 439.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 585.00 Mn |
| Mar 31, 2026 | -21.10 Mn |
| Dec 31, 2025 | 353.50 Mn |
| Sep 30, 2025 | 516.20 Mn |
| Jun 30, 2025 | 240.90 Mn |
| Mar 31, 2025 | 224.40 Mn |
| Dec 31, 2024 | -177.30 Mn |
| Sep 30, 2024 | 299.90 Mn |
| Jun 30, 2024 | 286.10 Mn |
| Mar 31, 2024 | -118.80 Mn |
| Dec 31, 2023 | 48.30 Mn |
| Sep 30, 2023 | 356.20 Mn |
| Jun 30, 2023 | -14.30 Mn |
| Mar 31, 2023 | 252.60 Mn |
| Dec 31, 2022 | 213.90 Mn |
| Sep 30, 2022 | 250.00 Mn |
| Jun 30, 2022 | 289.10 Mn |
| Mar 31, 2022 | 220.60 Mn |
| Dec 31, 2021 | 283.80 Mn |
| Sep 30, 2021 | 471.20 Mn |
API Access
Edwards Lifesciences Free Cash Flow 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=free-cash-flow&ticker=EW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();