Edwards Lifesciences (EW) Return on Capital Employed [ROCE] (2009 - 2026)
Edwards Lifesciences (EW) reported Return on Capital Employed [ROCE] of 11.59% for Q3 2026, down 0.50 percentage points from 12.09% a year earlier and down 0.40 percentage points from the prior quarter.
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Analysis
Edwards Lifesciences (EW) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Edwards Lifesciences posted Return on Capital Employed [ROCE] of 10.93%, down 3.27 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for four consecutive years, with a five-year change of -4.10 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 14.21% in FY2024 (-2.94 pp), 17.15% in FY2023 (-3.17 pp), 20.32% in FY2022 (-4.40 pp) and 24.72% in FY2021 (+9.68 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 10.83% in Q4 2025 and a high of 23.24% in Q1 2022.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last nine quarters, with an average year-over-year change of -2.25 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2022 (a gain of 8.88 percentage points); the low point was Q3 2023 (a drop of 6.71 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 11.99% (Q2 2026), 11.13% (Q1 2026) and 10.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.86% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.59% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.76% |
| 10 | Agilent Technologies | 50.15 Bn | 43.04 Bn | 1.04 Bn | 14.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.59% |
| Jun 30, 2026 | 11.99% |
| Mar 31, 2026 | 11.13% |
| Dec 31, 2025 | 10.83% |
| Sep 30, 2025 | 12.09% |
| Jun 30, 2025 | 12.40% |
| Mar 31, 2025 | 12.23% |
| Dec 31, 2024 | 11.98% |
| Sep 30, 2024 | 14.73% |
| Jun 30, 2024 | 16.41% |
| Mar 31, 2024 | 15.70% |
| Dec 31, 2023 | 16.70% |
| Sep 30, 2023 | 15.29% |
| Jun 30, 2023 | 16.32% |
| Mar 31, 2023 | 19.59% |
| Dec 31, 2022 | 20.13% |
| Sep 30, 2022 | 22.00% |
| Jun 30, 2022 | 22.31% |
| Mar 31, 2022 | 23.24% |
| Dec 31, 2021 | 23.16% |
API Access
Edwards Lifesciences Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=EW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();