Edwards Lifesciences price to free cash flow EW
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 35.8×
- 10-year median
- 52.4×
- Against its 10-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 32.6× to 205×
- Peer median
- 20.2×
Edwards Lifesciences' price to free cash flow is 35.8× as of Oct 23, 2026.
That is below its ten-year median of 52.4×, lower than on 94% of days in the last ten years.
Over that time it ranged from 32.6× in Apr 2018 to 205× in Jun 2024.
The median for 7 medical device stocks of a similar size is 20.2×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 35.8× | 33.9× | 61.6× |
| 2025 | 62.7× | 59.9× | 154× |
| 2024 | 86.6× | 54.7× | 205× |
| 2023 | 57.2× | 45.6× | 68.9× |
| 2022 | 44.2× | 34.7× | 54.9× |
| 2021 | 57.4× | 48.1× | 97.3× |
| 2020 | 82.6× | 37.6× | 82.6× |
| 2019 | 58.8× | 40.7× | 82.3× |
| 2018 | 41.1× | 32.6× | 47.0× |
| 2017 | 36.2× | 33.0× | 45.6× |
| 2016 | 43.9× | 36.7× | 54.0× |
| 2015 | 38.8× | 13.8× | 64.7× |
| 2014 | 14.3× | 9.2× | 24.3× |
| 2013 | 21.0× | 19.6× | 40.7× |
| 2012 | 35.1× | 33.7× | 66.3× |
| 2011 | 41.8× | 36.9× | 56.2× |
Against its peers
Companies in Medical - Devices nearest Edwards Lifesciences' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| EWEdwards Lifesciences | 35.8× |
| BSXBoston Scientific | 18.3× |
| GEHCGE HealthCare Technologies | 20.4× |
| DXCMDexCom | 20.9× |
| SYKStryker | 25.1× |
| MDTMedtronic | 19.9× |
| ZBHZimmer Biomet | 12.3× |
| ABTAbbott Laboratories | n/m |
| Peer median | 20.2× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Edwards Lifesciences
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.