Edwards Lifesciences Corporation (EW)
NYSE: EW · IEX Real-Time Price · USD
89.54
+0.40 (0.45%)
May 20, 2024, 1:11 PM EDT - Market open

Edwards Lifesciences Statistics

Total Valuation

EW has a market cap or net worth of $53.96 billion. The enterprise value is $53.02 billion.

Market Cap 53.96B
Enterprise Value 53.02B

Important Dates

The last earnings date was Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date n/a

Share Statistics

EW has 602.60 million shares outstanding. The number of shares has decreased by -1.11% in one year.

Shares Outstanding 602.60M
Shares Change (YoY) -1.11%
Shares Change (QoQ) -0.48%
Owned by Insiders (%) 0.90%
Owned by Institutions (%) 84.69%
Float 596.58M

Valuation Ratios

The trailing PE ratio is 38.67 and the forward PE ratio is 30.74. EW's PEG ratio is 5.19.

PE Ratio 38.67
Forward PE 30.74
PS Ratio 8.79
Forward PS 7.85
PB Ratio 7.59
P/FCF Ratio 199.02
PEG Ratio 5.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 29.33, with an EV/FCF ratio of 195.34.

EV / Earnings 37.50
EV / Sales 8.63
EV / EBITDA 29.33
EV / EBIT 32.52
EV / FCF 195.34

Financial Position

The company has a current ratio of 3.76, with a Debt / Equity ratio of 0.10.

Current Ratio 3.76
Quick Ratio 2.32
Debt / Equity 0.10
Debt / EBITDA 0.39
Debt / FCF 2.58
Interest Coverage 92.64

Financial Efficiency

Return on equity (ROE) is 21.10% and return on invested capital (ROIC) is 16.89%.

Return on Equity (ROE) 21.10%
Return on Assets (ROA) 15.10%
Return on Capital (ROIC) 16.89%
Revenue Per Employee $310,273
Profits Per Employee $71,404
Employee Count 19,800
Asset Turnover 0.66
Inventory Turnover 1.35

Taxes

In the past 12 months, EW has paid $199.00 million in taxes.

Income Tax 199.00M
Effective Tax Rate 12.34%

Stock Price Statistics

The stock price has increased by +1.69% in the last 52 weeks. The beta is 1.10, so EW's price volatility has been similar to the market average.

Beta (1Y) 1.10
52-Week Price Change +1.69%
50-Day Moving Average 89.90
200-Day Moving Average 78.47
Relative Strength Index (RSI) 54.73
Average Volume (30 Days) 3,310,970

Short Selling Information

The latest short interest is 9.63 million, so 1.60% of the outstanding shares have been sold short.

Short Interest 9.63M
Short Previous Month 10.38M
Short % of Shares Out 1.60%
Short % of Float 1.61%
Short Ratio (days to cover) 3.06

Income Statement

In the last 12 months, EW had revenue of $6.14 billion and earned $1.41 billion in profits. Earnings per share was $2.32.

Revenue 6.14B
Gross Profit 4.71B
Operating Income 1.51B
Pretax Income 1.61B
Net Income 1.41B
EBITDA 1.81B
EBIT 1.63B
Earnings Per Share (EPS) $2.32
Full Income Statement

Balance Sheet

The company has $1.70 billion in cash and $699.20 million in debt, giving a net cash position of $998.40 million or $1.66 per share.

Cash & Cash Equivalents 1.70B
Total Debt 699.20M
Net Cash 998.40M
Net Cash Per Share $1.66
Equity / Book Value 7.12B
Book Value Per Share 11.81
Working Capital 3.06B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $528.20 million and capital expenditures -$256.80 million, giving a free cash flow of $271.40 million.

Operating Cash Flow 528.20M
Capital Expenditures -256.80M
Free Cash Flow 271.40M
FCF Per Share $0.45
Full Cash Flow Statement

Margins

Gross margin is 76.63%, with operating and profit margins of 24.52% and 23.01%.

Gross Margin 76.63%
Operating Margin 24.52%
Pretax Margin 26.25%
Profit Margin 23.01%
EBITDA Margin 29.43%
EBIT Margin 26.54%
FCF Margin 4.42%

Dividends & Yields

EW does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.11%
Shareholder Yield 1.11%
Earnings Yield 2.62%
FCF Yield 0.50%
Dividend Details

Analyst Forecast

The average price target for EW is $94.24, which is 5.25% higher than the current price. The consensus rating is "Buy".

Price Target $94.24
Price Target Difference 5.25%
Analyst Consensus Buy
Analyst Count 18
Revenue Growth Forecast (5Y) 9.91%
EPS Growth Forecast (5Y) 13.74%
Stock Forecasts

Stock Splits

The last stock split was on June 1, 2020. It was a forward split with a ratio of 3:1.

Last Split Date Jun 1, 2020
Split Type Forward
Split Ratio 3:1

Scores

EW has an Altman Z-Score of 15.61 and a Piotroski F-Score of 6.

Altman Z-Score 15.61
Piotroski F-Score 6