Edwards Lifesciences Corporation (EW)

Sector: Healthcare|Industry: Medical Devices|Market Cap: $42.94B|Employees: 19.8K


Edwards Lifesciences is a global leader in patient-focused medical innovations for structural heart disease and critical care monitoring. The company is a pioneer in heart valve therapies, offering both surgical and transcatheter solutions. They also provide hemodynamic monitoring systems used in hospitals, and are focused on expanding into less invasive mitral and tricuspid valve therapies.

  1. Filings

Filing Highlights

Financial Performance

Net sales reached $1,385.9 million for the three months ended June 30, 2024, an increase of 7.0% compared to $1,295.5 million for the same period in 2023. This growth is primarily driven by increased sales in TAVR products.

Gross profit as a percentage of net sales decreased due to a 0.7 percentage point negative impact from foreign currency rate fluctuations, primarily due to the strengthening of the United States dollar against the Japanese yen.

Net income attributable to Edwards Lifesciences Corporation was $366.3 million for the three months ended June 30, 2024, compared to $307.1 million for the same period in 2023, primarily driven by increased sales and a decrease in intellectual property agreement expenses.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment