Edwards Lifesciences (EW) Tax Rate (2009 - 2026)
Edwards Lifesciences (EW) reported Tax Rate of 53.56% for Q2 2026, up 37.49 percentage points from 16.07% a year earlier and up 36.50 percentage points from the prior quarter.
Edwards Lifesciences (EW) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Edwards Lifesciences' Tax Rate came in at 30.97%, up 17.42 percentage points year-over-year; for FY2025, it was 17.04%, up 7.21 percentage points from FY2024.
- Tax Rate has a five-year change of +6.86 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 9.82% in FY2024 (-1.28 pp), 11.10% in FY2023 (-1.76 pp), 12.87% in FY2022 (+1.18 pp) and 11.69% in FY2021 (+1.51 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2018.
- Year over year, Tax Rate has now increased in each of the last seven quarters, with an average year-over-year change of +9.39 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q2 2026 (a gain of 37.49 percentage points); the low point was Q4 2022 (a drop of 5.74 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.06% (Q1 2026), 28.98% (Q4 2025) and 16.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 53.56% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 18.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.56% |
| Mar 31, 2026 | 17.06% |
| Dec 31, 2025 | 28.98% |
| Sep 30, 2025 | 16.10% |
| Jun 30, 2025 | 16.07% |
| Mar 31, 2025 | 16.20% |
| Dec 31, 2024 | 11.56% |
| Sep 30, 2024 | 10.10% |
| Jun 30, 2024 | 5.21% |
| Mar 31, 2024 | 12.47% |
| Dec 31, 2023 | 9.29% |
| Sep 30, 2023 | 13.60% |
| Jun 30, 2023 | 7.60% |
| Mar 31, 2023 | 14.58% |
| Dec 31, 2022 | 5.16% |
| Sep 30, 2022 | 15.66% |
| Jun 30, 2022 | 12.55% |
| Mar 31, 2022 | 14.33% |
| Dec 31, 2021 | 10.90% |
| Sep 30, 2021 | 13.00% |
Edwards Lifesciences Tax Rate 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=tax-rate&ticker=EW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=EW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();