XNYSEW
Market cap44bUSD
Dec 24, Last price
75.30USD
1D
0.76%
1Q
15.24%
Jan 2017
141.37%
Name
Edwards Lifesciences Corp
Chart & Performance
Profile
Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of heart valves; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases. The company also provides the PASCAL and Cardioband transcatheter valve repair systems for minimally-invasive therapy. In addition, it offers surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS name; KONECT RESILIA, a pre-assembled aortic tissue valved conduit for patients who require replacement of the valve, root, and ascending aorta; and HARPOON Beating Heart Mitral Valve Repair System for patients with degenerative mitral regurgitation. Further, the company provides critical care solutions, including advanced hemodynamic monitoring systems to measure a patient's heart function and fluid status in surgical and intensive care settings; and Acumen Hypotension Prediction Index software that alerts clinicians in advance of a patient developing dangerously low blood pressure. The company distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 6,004,800 11.56% | 5,382,400 2.86% | 5,232,500 19.29% | |||||||
Cost of revenue | 4,276,200 | 3,593,200 | 3,645,700 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,728,600 | 1,789,200 | 1,586,800 | |||||||
NOPBT Margin | 28.79% | 33.24% | 30.33% | |||||||
Operating Taxes | 198,700 | 245,500 | 198,900 | |||||||
Tax Rate | 11.49% | 13.72% | 12.53% | |||||||
NOPAT | 1,529,900 | 1,543,700 | 1,387,900 | |||||||
Net income | 1,402,400 -7.85% | 1,521,900 1.25% | 1,503,100 82.55% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (879,600) | (1,580,700) | (354,200) | |||||||
BB yield | 1.89% | 3.39% | 0.43% | |||||||
Debt | ||||||||||
Debt current | 49,800 | 25,500 | 25,500 | |||||||
Long-term debt | 767,900 | 760,800 | 759,400 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 778,400 | 797,600 | 969,600 | |||||||
Net debt | (1,410,700) | (1,668,000) | (2,516,100) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 895,800 | 1,218,200 | 1,732,100 | |||||||
CAPEX | (266,300) | (264,800) | (329,800) | |||||||
Cash from investing activities | 173,800 | 252,300 | (1,722,500) | |||||||
Cash from financing activities | (711,000) | (1,584,500) | (356,300) | |||||||
FCF | 817,300 | 1,305,600 | 1,363,300 | |||||||
Balance | ||||||||||
Cash | 1,644,500 | 1,215,300 | 1,466,800 | |||||||
Long term investments | 583,900 | 1,239,000 | 1,834,200 | |||||||
Excess cash | 1,928,160 | 2,185,180 | 3,039,375 | |||||||
Stockholders' equity | 9,469,500 | 7,981,400 | 6,552,400 | |||||||
Invested Capital | 6,289,440 | 5,014,220 | 4,356,925 | |||||||
ROIC | 27.07% | 32.95% | 32.00% | |||||||
ROCE | 21.04% | 24.85% | 21.45% | |||||||
EV | ||||||||||
Common stock shares outstanding | 609,400 | 624,200 | 631,200 | |||||||
Price | 76.25 2.20% | 74.61 -42.41% | 129.55 42.00% | |||||||
Market cap | 46,466,750 -0.23% | 46,571,562 -43.05% | 81,771,960 41.85% | |||||||
EV | 45,125,450 | 44,903,562 | 79,255,860 | |||||||
EBITDA | 1,873,500 | 1,928,800 | 1,721,600 | |||||||
EV/EBITDA | 24.09 | 23.28 | 46.04 | |||||||
Interest | 17,600 | 19,200 | 18,400 | |||||||
Interest/NOPBT | 1.02% | 1.07% | 1.16% |