Edwards Lifesciences Free Cash Flow (FCF) History (EW)
Edwards Lifesciences reported $1.33B in free cash flow for fiscal 2025, an increase of 360.50% from the previous fiscal year, with a free cash flow margin of 22.00%.
View full Edwards Lifesciences company overviewEdwards Lifesciences free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.33B | $1.05B | +360.50% | +22.00% |
| 2024 | 2024-12-31 | $289.9M | −$352.9M | −54.90% | +5.33% |
| 2023 | 2023-12-31 | $642.8M | −$330.8M | −33.98% | +12.83% |
| 2022 | 2022-12-31 | $973.6M | −$432.7M | −30.77% | +21.81% |
| 2021 | 2021-12-31 | $1.41B | $759.0M | +117.26% | +26.88% |
| 2020 | 2020-12-31 | $647.3M | −$281.2M | −30.29% | +14.76% |
| 2019 | 2019-12-31 | $928.5M | $240.5M | +34.96% | +21.35% |
| 2018 | 2018-12-31 | $688.0M | −$144.6M | −17.37% | +18.48% |
| 2017 | 2017-12-31 | $832.6M | $304.3M | +57.60% | +24.24% |
| 2016 | 2016-12-31 | $528.3M | $81.3M | +18.19% | +17.83% |
| 2015 | 2015-12-31 | $447.0M | −$492.4M | −52.42% | +17.93% |
| 2014 | 2014-12-31 | $939.4M | $575.7M | +158.29% | +40.44% |
| 2013 | 2013-12-31 | $363.7M | $110.6M | +43.70% | +17.78% |
| 2012 | 2012-12-31 | $253.1M | $21.5M | +9.28% | +13.32% |
| 2011 | 2011-12-31 | $231.6M | $42.0M | +22.15% | +13.80% |
| 2010 | 2010-12-31 | $189.6M | $88.3M | +87.17% | +13.10% |
| 2009 | 2009-12-31 | $101.3M | −$1.3M | −1.27% | +7.67% |
| 2008 | 2008-12-31 | $102.6M | — | — | +8.29% |
Edwards Lifesciences quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $585.0M | $344.1M | +142.84% | +33.60% |
| Q1 2026 | 2026-03-31 | −$21.1M | −$245.5M | — | −1.28% |
| Q4 2025 | 2025-12-31 | $353.5M | $530.8M | — | +22.52% |
| Q3 2025 | 2025-09-30 | $516.2M | $216.3M | +72.12% | +33.24% |
| Q2 2025 | 2025-06-30 | $240.9M | −$45.2M | −15.80% | +15.72% |
| Q1 2025 | 2025-03-31 | $224.4M | $343.2M | — | +15.88% |
| Q4 2024 | 2024-12-31 | −$177.3M | −$225.6M | — | −12.79% |
| Q3 2024 | 2024-09-30 | $299.9M | −$56.3M | −15.81% | +22.14% |
| Q2 2024 | 2024-06-30 | $286.1M | $300.4M | — | +20.89% |
| Q1 2024 | 2024-03-31 | −$118.8M | −$371.4M | — | −8.93% |
| Q4 2023 | 2023-12-31 | $48.3M | −$165.6M | −77.42% | +4.78% |
| Q3 2023 | 2023-09-30 | $356.2M | $106.2M | +42.48% | +28.65% |
| Q2 2023 | 2023-06-30 | −$14.3M | −$303.4M | — | −1.10% |
| Q1 2023 | 2023-03-31 | $252.6M | $32.0M | +14.51% | +17.31% |
| Q4 2022 | 2022-12-31 | $213.9M | −$69.9M | −24.63% | +49.76% |
| Q3 2022 | 2022-09-30 | $250.0M | −$221.2M | −46.94% | +18.95% |
| Q2 2022 | 2022-06-30 | $289.1M | −$167.7M | −36.71% | +21.04% |
| Q1 2022 | 2022-03-31 | $220.6M | $26.1M | +13.42% | +16.45% |
| Q4 2021 | 2021-12-31 | $283.8M | −$2.8M | −0.98% | +21.34% |
| Q3 2021 | 2021-09-30 | $471.2M | $358.4M | +317.73% | +35.96% |
| Q2 2021 | 2021-06-30 | $456.8M | $333.8M | +271.38% | +33.20% |
| Q1 2021 | 2021-03-31 | $194.5M | $69.6M | +55.72% | +15.99% |
| Q4 2020 | 2020-12-31 | $286.6M | −$44.8M | −13.52% | +24.05% |
| Q3 2020 | 2020-09-30 | $112.8M | −$248.4M | −68.77% | +9.89% |
| Q2 2020 | 2020-06-30 | $123.0M | −$153.6M | −55.53% | +13.30% |
| Q1 2020 | 2020-03-31 | $124.9M | $165.6M | — | +11.07% |
| Q4 2019 | 2019-12-31 | $331.4M | $96.1M | +40.84% | +28.23% |
| Q3 2019 | 2019-09-30 | $361.2M | $104.0M | +40.44% | +33.02% |
| Q2 2019 | 2019-06-30 | $276.6M | $189.2M | +216.48% | +25.45% |
| Q1 2019 | 2019-03-31 | −$40.7M | −$148.8M | — | −4.10% |
| Q4 2018 | 2018-12-31 | $235.3M | −$76.7M | −24.58% | +24.07% |
| Q3 2018 | 2018-09-30 | $257.2M | −$11.3M | −4.21% | +28.37% |
| Q2 2018 | 2018-06-30 | $87.4M | −$52.3M | −37.44% | +9.26% |
| Q1 2018 | 2018-03-31 | $108.1M | −$4.3M | −3.83% | +12.08% |
| Q4 2017 | 2017-12-31 | $312.0M | $174.1M | +126.25% | +35.12% |
| Q3 2017 | 2017-09-30 | $268.5M | $110.7M | +70.15% | +32.68% |
| Q2 2017 | 2017-06-30 | $139.7M | −$13.5M | −8.81% | +16.60% |
| Q1 2017 | 2017-03-31 | $112.4M | $33.0M | +41.56% | +12.72% |
| Q4 2016 | 2016-12-31 | $137.9M | $71.6M | +107.99% | +17.96% |
| Q3 2016 | 2016-09-30 | $157.8M | −$18.7M | −10.59% | +21.34% |
| Q2 2016 | 2016-06-30 | $153.2M | $1.5M | +0.99% | +20.18% |
| Q1 2016 | 2016-03-31 | $79.4M | $26.9M | +51.24% | +11.39% |
| Q4 2015 | 2015-12-31 | $66.3M | $7.6M | +12.95% | +9.88% |
| Q3 2015 | 2015-09-30 | $176.5M | $182.4M | — | +28.68% |
| Q2 2015 | 2015-06-30 | $151.7M | −$610.3M | −80.09% | +24.59% |
| Q1 2015 | 2015-03-31 | $52.5M | −$72.1M | −57.87% | +8.89% |
| Q4 2014 | 2014-12-31 | $58.7M | −$32.5M | −35.64% | +9.50% |
| Q3 2014 | 2014-09-30 | −$5.9M | −$115.5M | — | −0.97% |
| Q2 2014 | 2014-06-30 | $762.0M | $663.4M | +672.82% | +132.50% |
| Q1 2014 | 2014-03-31 | $124.6M | $60.3M | +93.78% | +23.85% |
| Q4 2013 | 2013-12-31 | $91.2M | $20.6M | +29.18% | +17.01% |
| Q3 2013 | 2013-09-30 | $109.6M | $4.0M | +3.79% | +22.11% |
| Q2 2013 | 2013-06-30 | $98.6M | −$27.0M | −21.50% | +19.06% |
| Q1 2013 | 2013-03-31 | $64.3M | $113.0M | — | +12.95% |
| Q4 2012 | 2012-12-31 | $70.6M | −$22.0M | −23.76% | +13.83% |
| Q3 2012 | 2012-09-30 | $105.6M | $9.7M | +10.11% | +23.58% |
| Q2 2012 | 2012-06-30 | $125.6M | $83.5M | +198.34% | +26.06% |
| Q1 2012 | 2012-03-31 | −$48.7M | −$49.7M | — | −10.61% |
| Q4 2011 | 2011-12-31 | $92.6M | $20.3M | +28.08% | +21.52% |
| Q3 2011 | 2011-09-30 | $95.9M | $15.9M | +19.88% | +23.24% |
| Q2 2011 | 2011-06-30 | $42.1M | $9.8M | +30.34% | +9.76% |
| Q1 2011 | 2011-03-31 | $1.0M | −$4.0M | −80.00% | +0.25% |
| Q4 2010 | 2010-12-31 | $72.3M | $12.9M | +21.72% | +18.43% |
| Q3 2010 | 2010-09-30 | $80.0M | — | — | +22.93% |
| Q2 2010 | 2010-06-30 | $32.3M | — | — | +8.84% |
| Q1 2010 | 2010-03-31 | $5.0M | — | — | +1.47% |
| Q3 2009 | 2009-09-30 | $59.4M | — | — | +18.24% |
Edwards Lifesciences free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $647.3M to $1.33B, a compound annual growth rate of 15.58%. Edwards Lifesciences's latest reported quarter, Q2 2026, generated $585.0M in free cash flow, an increase of 142.84% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Edwards Lifesciences filings at SEC.gov ↗