EW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $85.15
Market Cap (MRQ) $49.10B
P/E (TTM) 48.9
EPS (TTM) $1.74
Revenue (TTM) $6.51B
ROE (TTM) 9.5%
Debt/Equity (MRQ) 0.1
52W Range $72–$96

EW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

Stock splits 3
Ex-date Split Type
June 1, 2020 3-for-1 Forward
Dec. 14, 2015 2-for-1 Forward
May 28, 2010 2-for-1 Forward

About Edwards Lifesciences Corporation Common Stock Company overview from Wikipedia

05 · wikidata

Edwards Lifesciences Corporation is an American medical technology company headquartered in Irvine, California, specializing in tissue heart valves and transcatheter technologies for the treatment of structural heart disease. The company has manufacturing facilities at the Irvine headquarters, as well as in Draper, Utah; Costa Rica; Singapore; and Limerick, Ireland. The company is also constructing a manufacturing plant in Moncada, near Valencia, Spain, with a €150 million investment. Production is scheduled to begin in 2027.

History

Edwards Lifesciences was originally founded by electrical engineer Miles "Lowell" Edwards in 1958, a graduate of Oregon State University. Edwards invented the first medically proven and adopted artificial heart valve. Dr. Albert Starr, a surgeon at the Oregon Health and Sciences University, is credited as the first to successfully implant the Starr-Edwards mitral valve in a patient in 1960. As a result of the successful heart implant, Edwards established manufacturing in Santa Ana, California the same year to continue his research in pulmonary devices.

Edwards' valves are still in operation today. An early patient lived a record 48 years with the implant before requiring a replacement.

Edwards was acquired by Baxter in 1985. It was spun off from Baxter in 2000.

In 2017, Edwards completed the acquisition of Valtech Cardio for $340 million. Also in 2017, Edwards acquired Harpoon Medical of Baltimore, Maryland for $100 million. Harpoon, founded in 2013, developed a minimally invasive heart surgery product for mitral valve repair to treat degenerative mitral regurgitation. At the time of the acquisition, the product was not available on any market.

On April 18, 2019, Edwards completed the acquisition of CAS Medical Systems of Branford, Connecticut for ~$100 million.

Edwards Sapien 3 and Sapien 3 Ultra Transcatheter Heart Valve systems were FDA-approved for the treatment of patients at low risk for death or major complications associated with open-heart surgery on August 16, 2019. These products are used to treat patients with severe aortic stenosis without utilizing open-heart surgery.

In 2020, Edwards co-sponsored the Virtual ISPOR-FDA Summit centered on patient preference information in medical device regulatory decisions.

In December 2021, the FDA approved the SAPIEN 3 transcatheter valve in combination with the Alterra adaptive prestent for the treatment of severe pulmonary regurgitation.

In February 2024, the FDA approved Edwards' EVOQUE tricuspid valve replacement system, the first transcatheter therapy approved in the United States for the treatment of tricuspid regurgitation. In May 2024, Edwards launched the SAPIEN 3 Ultra RESILIA valve in Europe.

In June 2024, the company received FDA approval for a new implant designed to manage heart failure issues, called the Cordella pulmonary artery sensor.

In July 2024, Edwards made agreements with Affluent Medical for an equity stake, IP licensing and an exclusive option to acquire its Kephalios subsidiary. The same month, Edwards announced it would acquire Innovalve Bio Medical for approximately $300 million, and JenaValve Technology and Endotronix for $1.2 billion.

In August 2024, Edwards acquired JC Medical from Genesis MedTech, gaining its J-Valve transcatheter aortic valve replacement system for the treatment of aortic regurgitation.

In 2023, Edwards announced that its critical care business unit would be spun off into a separate entity. In June 2024 Edwards instead agreed to sell the unit to BD for $4.2 billion. The sale closed on September 3, 2024.

In May 2025, the FDA approved the SAPIEN 3 platform, including the SAPIEN 3, SAPIEN 3 Ultra, and SAPIEN 3 Ultra RESILIA valves, for the treatment of severe aortic stenosis in asymptomatic patients, marking the first FDA approval of TAVR therapy for this patient population.

In September 2025, Edwards completed the full acquisition of heart failure monitoring company Vectorious Medical Technologies.

In January 2026, the FDA approved the SAPIEN M3 mitral valve replacement system, the first transcatheter mitral valve replacement therapy using a transseptal approach to receive FDA approval for the treatment of mitral regurgitation.

Business segments

Prior to September 2024, its products were categorized into four areas: surgical valve technologies, transcatheter heart valves, transcatheter mitral and tricuspid therapies, and critical care. In September 2024, Edwards completed the sale of its Critical Care product group to BD. Since September 2024, its products are categorized into four areas: surgical valve technologies, transcatheter heart valves, transcatheter mitral and tricuspid therapies, and implantable heart failure management (IHFM).

Transcatheter Heart Valve

The company's SAPIEN family of transcatheter aortic heart valves is made of bovine pericardial tissue mounted within a balloon-expandable, cobalt-chromium frame and is deployed via catheter. Edwards introduced the transcatheter heart valve replacement procedure to U.S. patients unable to undergo open-heart surgery with FDA approval of the SAPIEN transcatheter valve in 2011. The indication was expanded in November 2012 to include patients at a high risk for death or serious complications associated with open-heart surgery. In 2021, the FDA cleared Edwards’ SAPIEN 3 transcatheter valve with the Alterra adaptive prestent for pulmonic heart valve replacement. In May 2024, Edwards launched the SAPIEN 3 Ultra RESILIA valve in Europe.

Transcatheter Mitral and Tricuspid Therapies

The Transcatheter Mitral and Tricuspid Therapies business segment develops transcatheter heart valve repair and replacement technologies to treat mitral and tricuspid valve diseases. In September 2022, the FDA approved Edwards' PASCAL Precision transcatheter valve repair system for the treatment of degenerative mitral regurgitation.

Surgical

The Surgical business segment involves the use of Edwards' RESILIA tissue technology, developed to help limit valve calcification. Edwards estimates that more than 450,000 patients around the world have either undergone SAVR or TAVR with an Edwards RESILIA valve.

Critical Care

Before its sale, the Critical Care business segment included pulmonary artery catheters, disposable pressure transducers and advanced hemodynamic monitoring systems. The portfolio also included a line of balloon catheter-based vascular products, surgical clips and inserts. In 2023, it was announced that the critical care business unit was to be spun off into its own entity, however in 2024 the critical care department was purchased by BD for $4.2 billion.

Organizational culture

Edwards Lifesciences Foundation

The Edwards Lifesciences Foundation launched in 2014 and supports programs designed to treat underserved people to reduce heart valve disease.

Since the initiative launched in 2014, Edwards and its foundation have contributed more than $100 million in financial and technology donations through "Every Heartbeat Matters" (EHM), reaching over 4 million underserved structural heart patients globally.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorHealth Care industryHealth Care employees16,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$6.07B
2016-12-31 → 2025-12-31
EPS$1.83
2016-12-31 → 2025-12-31
Free Cash Flow$1.33B
2016-12-31 → 2025-12-31
Net margin15.4%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend EW 5Y avg Peer Median Verdict
P/E (TTM) 48.95Y avg ≈35.1 ≈35.1 31.0 Overvalued
P/S (TTM) 7.55Y avg ≈10.2 ≈10.2 5.0 Overvalued
P/B (MRQ) 4.65Y avg ≈7.5 ≈7.5 5.0 Fair value
EV / EBITDA (TTM) 28.15Y avg ≈30.5 ≈30.5 27.0 Overvalued
Price / FCF (TTM) 34.25Y avg ≈72.6 ≈72.6 · ·
Price / Cash Flow (TTM) 28.55Y avg ≈49.3 ≈49.3 26.4 Overvalued
EV / Revenue (TTM) 7.05Y avg ≈9.8 ≈9.8 · ·
EV / FCF (TTM) 31.75Y avg ≈69.1 ≈69.1 · ·
Price / Tangible Book (MRQ) 5.35Y avg ≈10.1 ≈10.1 · ·
PEG Ratio ≈6.9 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 2.6%
Next Report Oct 28, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 22, 2026 $0.78 $0.76 2.3%
March 31, 2026 $0.78 $0.75 4.2%
Dec. 31, 2025 $0.58 $0.64 -8.8%
Sept. 30, 2025 $0.67 $0.61 9.6%
June 30, 2025 $0.67 $0.64 4.4%
March 31, 2025 $0.64 $0.61 4.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $6.07B$5.44B$5.01B$4.46B$5.23B$4.39B$4.35B$3.72B$3.44B$2.96B$2.49B$2.32B
Cost of Revenue $1.33B$1.12B$978M$724M$1.25B$1.08B$1.11B$939M$875M$797M$617M$626M
Gross Profit $4.73B$4.32B$4.03B$3.74B$3.98B$3.31B$3.23B$2.78B$2.56B$2.17B$1.88B$1.70B
R&D Expense $1.08B$1.05B$963M$844M$903M$761M$753M$622M$553M$442M$383M$346M
SG&A Expense $2.09B$1.79B$1.58B$1.36B$1.49B$1.23B$1.24B$1.09B$991M$905M$851M$858M
Operating Income $1.26B$1.38B$1.31B$1.50B$1.69B$898M$1.15B$748M$1.09B$751M··
Interest Expense ··$18M$19M$18M$16M$21M$30M$23M$19M$17M$17M
Interest Income $169M$120M$67M$36M$17M$23M$32M$32M$20M$11M$8M$6M
Other Non-op $7M$69M$14M$5M$13M$12M$8M$4M$-1M$-5M$-4M$-8M
Pretax Income $1.27B$1.55B$1.37B$1.52B$1.70B$917M$1.17B$761M$1.03B$738M$622M$1.14B
Income Tax $217M$152M$152M$196M$199M$93M$120M$39M$451M$168M$128M$333M
Net Income $1.07B$4.17B$1.40B$1.52B$1.50B·······
EPS (Basic) $1.84$6.98$2.31$2.46$2.41$1.32$1.68$1.15$2.77$2.67$2.30$3.81
EPS (Diluted) $1.83$6.97$2.30$2.44$2.38$1.30$1.64$1.13$2.70$2.61$2.25$3.74
Shares (Basic) 584,800,000597,700,000606,700,000619,000,000623,300,000622,600,000624,800,000627,600,000210,900,000213,000,000215,500,000213,000,000
Shares (Diluted) 585,800,000599,300,000609,400,000624,200,000631,200,000631,900,000636,700,000640,900,000215,900,000217,800,000220,300,000217,000,000
EBITDA $1.42B$1.53B$1.68B$1.89B$1.83B$1.00B$1.24B$826M$82M$71M$66M$69M
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $2.94B$3.05B$1.13B$769M$863M$1.18B$1.18B$714M$818M$930M$718M$654M
Short-term Investments $1.29B$931M$500M$446M$604M$219M$338M$242M$519M$341M$506M$785M
Receivables $660M$609M$772M$643M$582M$515M$544M$457M$439M$366M$315M$288M
Inventory $1.13B$1.09B$904M$876M$727M$802M$641M$607M$555M$397M$340M$297M
Prepaid Expense $135M$121M$129M$110M$85M$75M$59M$54M$61M$46M$45M$49M
Other Current Assets $339M$348M$225M$196M$237M$208M$168M$132M$117M$112M$66M$122M
Current Assets $6.74B$6.29B$4.04B$3.10B$3.18B$3.09B$2.98B$2.29B$2.55B$2.24B$2.05B$2.23B
PP&E (Net) $1.81B$1.69B$1.59B$1.63B$1.55B$1.40B$1.06B$868M$680M$580M$482M$443M
PP&E (Gross) $2.66B$2.48B$2.29B$2.38B$2.20B$1.99B$1.57B$1.32B$1.09B$961M$854M$808M
Accum. Depreciation $850M$794M$699M$750M$655M$598M$512M$455M$412M$381M$372M$365M
Goodwill $1.77B$1.78B$1.15B$1.06B$1.17B$1.17B$1.17B$1.11B$1.13B$626M$628M$376M
Intangibles $1.13B$1.18B$399M$285M$324M$331M$336M$343M$468M$205M$205M$23M
Other Non-current Assets $730M$722M$463M$299M$111M$120M$102M$34M$109M$123M$132M$49M
Total Assets $13.70B$13.06B$9.36B$8.29B$8.50B$7.24B$6.49B$5.32B$5.67B$4.51B$4.06B$3.52B
Accounts Payable $228M$197M$187M$202M$204M$196M$180M$134M$117M$97M$64M$58M
Current Liabilities $1.81B$1.51B$1.20B$1.02B$1.03B$894M$902M$877M$1.42B$532M$476M$426M
Capital Leases $83M$79M$65M$70M$69M$73M$59M·····
Deferred Tax ······$37M·····
Other Non-current Liabilities $362M$373M$251M$218M$267M$252M$203M$150M$147M$115M$285M$113M
Total Liabilities $3.36B$2.99B$2.64B$2.49B$2.67B$2.66B······
Long-term Debt ·······$594M$1.04B$822M··
Total Debt $598M$598M$597M$596M$596M$595M$594M$594M$1.04B$822M$600M$598M
Common Stock $659M$655M$650M$646M$642M$636M$218M$215M$212M$243M$239M$129M
Retained Earnings $14.24B$13.17B$8.99B$7.59B$6.07B$4.57B$3.74B$2.69B$1.96B$3.91B$3.34B$2.84B
Treasury Stock $7.09B$6.19B$5.02B$4.14B$2.42B$1.90B$1.28B$1.02B$252M$2.50B$1.84B$1.56B
AOCI $-238M$-244M$-243M$-255M$-158M$-161M$-156M$-138M$-133M$-198M$-183M$-101M
Stockholders' Equity $10.34B$10.00B$6.65B$5.81B$5.84B$4.57B$4.15B$3.14B$2.96B$2.62B$2.50B$2.19B
Liabilities + Equity $13.70B$13.06B$9.36B$8.29B$8.50B$7.24B$6.49B$5.32B$5.67B$4.51B$4.06B$3.52B
Shares Outstanding 580,700,000654,800,000650,500,000646,300,000642,000,000636,400,000218,100,000207,700,000209,700,000211,600,000215,400,000107,800,000
Cash Flow 18
Metric Trend 202520242023202220212020201920182017201620152014
D&A $157M$155M$145M$140M$135M$107M$89M$77M$82M$71M$66M$69M
Stock-based Comp $158M$162M$139M$127M$109M$93M$81M$71M$62M$57M$50M$48M
Deferred Tax $-66M$-163M$-242M$-262M$-44M$-52M$10M$-21M$27M$-24M$-16M$-67M
Amort. of Intangibles $8M$6M$2M$2M$8M$5M$5M$2M$8M$8M$7M$8M
Restructuring $13M$33M········$0$0
Other Non-cash $273M$-3.79B$-529M·········
Operating Cash Flow $1.60B$542M$896M$1.22B$1.73B$1.05B$1.18B$927M$1.00B$704M$550M$1.02B
CapEx $260M$252M$253M$245M$326M$407M$254M$239M$168M$176M$103M$83M
Investing Cash Flow $-713M$2.31B$174M$252M$-1.72B$-531M$-596M$77M$-647M$-212M$-316M·
Debt Issued ··$0$0$5M$16M$19M$688M$995M$254M$31M$226M
Net Debt Issued ··$0$0$5M$16M$19M$688M$995M$254M$31M$226M
Stock Repurchased $893M$1.16B$880M$1.73B$513M$625M$263M$796M$763M$662M$280M$301M
Net Stock Activity $-893M$-1.16B$-880M$-1.73B$-513M$-625M$-263M$-796M$-763M$-662M$-280M$-301M
Financing Cash Flow $-957M$-983M$-711M$-1.58B$-356M$-487M$-116M$-1.10B$-473M$-268M$-159M·
Net Change in Cash $-119M$1.91B$375M$-95M$-333M$16M$468M$-104M$-112M$212M$65M$233M
Taxes Paid $490M$1.20B$470M········$275M
Free Cash Flow $1.33B$290M$643M$974M$1.41B$647M$925M$688M$833M$528M$447M$939M
Levered FCF ··$627M$957M$1.39B$633M$906M$660M$820M$513M$433M$927M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 78.0%79.5%77.0%79.9%76.1%75.4%74.4%74.8%74.5%73.1%75.2%73.1%
Operating Margin 20.8%25.4%25.6%32.5%32.3%20.5%26.4%20.1%····
Net Margin 17.7%76.8%23.4%·········
Pretax Margin 21.0%28.5%26.6%32.8%32.5%20.9%26.8%20.4%30.1%24.9%25.0%49.2%
EBITDA Margin 23.4%28.2%28.0%35.1%34.9%22.9%28.4%22.2%2.4%2.4%2.6%2.9%
ROA 8.0%37.2%15.9%·········
ROE 10.6%50.1%22.5%·········
ROIC 9.6%11.7%18.5%23.5%23.2%15.6%21.7%19.0%····
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 3.74.23.43.03.13.53.32.61.84.24.35.3
Quick Ratio 2.73.02.01.82.02.12.31.61.33.13.24.0
Debt / Equity 0.10.10.10.10.10.10.10.20.40.30.20.3
LT Debt / Equity 0.10.10.10.10.10.10.10.20.10.30.20.3
Interest Coverage ··87.291.191.956.855.425.0····
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.50.50.70.60.70.60.70.70.70.70.70.7
Inventory Turnover 1.21.11.41.31.61.51.81.61.82.21.92.1
Receivables Turnover 9.67.98.58.89.58.38.78.38.78.78.37.9
Per Share 5
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $17.80$16.99$11.06$9.55$9.35$7.33$19.84$15.12$14.10$12.38$11.62$20.33
Revenue / Share $10.36$9.08$9.85$8.62$8.29$6.94$20.49$17.43$15.91$13.61$11.32$21.41
Cash Flow / Share $2.72$0.90$1.47$1.95$2.74$1.67$5.56$4.34$4.63$3.23$2.50$9.42
Cash / Share $5.06$5.17$1.90$1.26$1.38$1.90$5.64$3.44$3.90$4.40$3.34$6.06
EPS (TTM) $1.83$6.97$2.30$2.44$2.38$1.30$1.64$1.13$2.70$2.61$2.25$3.74
Growth Rates 8
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 11.6%8.6%12.2%-14.7%19.3%·······
Revenue CAGR 3Y 10.8%1.3%4.5%·········
Revenue CAGR 5Y 6.7%···········
EPS YoY -73.7%203.0%-5.7%2.5%83.1%·······
EPS CAGR 3Y -9.1%43.1%20.9%·········
EPS CAGR 5Y 7.1%···········
Net Income YoY -74.3%197.7%-7.8%1.2%········
Net Income CAGR 3Y -11.0%40.6%··········
Valuation (TTM) 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $6.07B$5.44B$5.01B$4.46B$5.23B$4.39B$4.35B$3.72B$3.44B$2.96B$2.49B$2.32B
Net Income TTM $1.07B$4.17B$1.40B$1.52B$1.50B$235M$235M$235M$235M$235M$235M$235M
Market Cap $49.50B$43.57B$45.83B$45.39B$80.85B$56.95B$16.26B$10.60B$7.88B$6.61B$5.67B$2.29B
Enterprise Value $45.88B$40.20B$44.79B$44.77B$79.98B$56.15B$15.34B$10.24B$7.58B$6.16B$5.05B$1.45B
P/E 46.610.633.230.654.470.247.445.213.912.011.75.7
P/S 8.28.09.110.215.513.03.72.82.32.22.31.0
P/B 4.84.46.97.813.912.53.93.42.72.52.31.0
P / Tangible Book 6.76.29.010.218.618.6······
P / Cash Flow 31.080.451.237.346.754.013.811.47.99.410.32.2
P / FCF 37.1150.371.346.657.588.017.615.49.512.512.72.4
EV / EBITDA 32.326.226.723.743.855.912.412.492.586.576.721.1
EV / FCF 34.4138.769.746.056.986.716.614.99.111.711.31.5
EV / Revenue 7.67.48.910.015.312.83.52.82.22.12.00.6
Earnings Yield 2.1%9.4%3.0%3.3%1.8%1.4%2.1%2.2%7.2%8.4%8.6%17.6%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $6.07B $5.44B $5.01B $4.46B $5.23B
Gross Margin % 78.0% 79.5% 77.0% 79.9% 76.1%
Operating Margin % 20.8% 25.4% 25.6% 32.5% 32.3%
Net Income $1.07B $4.17B $1.40B $1.52B $1.50B
Diluted EPS $1.83 $6.97 $2.30 $2.44 $2.38

Institutional owners (13F) 1,432 filers · $52.4B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,432
Value held $52.4B
New positions 155
Exited positions 97
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
155 (+6 vs prior Q) 97 (-12 vs prior Q) 471 (+23 vs prior Q) 469 (+12 vs prior Q) +13.8M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $5,974,271,834 70,079,435 11.40% Shares
BlackRock, Inc. $5,318,092,039 58,789,433 10.15% Shares
VANGUARD CAPITAL MANAGEMENT LLC $3,402,739,018 37,615,952 6.50% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,389,175,425 26,411,402 4.56% Shares
STATE STREET CORP $2,381,082,692 26,321,940 4.55% Shares
JPMORGAN CHASE & CO $2,077,369,996 22,783,175 3.97% Shares
WELLINGTON MANAGEMENT GROUP LLP $1,522,257,896 16,827,967 2.91% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,390,906,696 15,437,251 2.66% Shares
Bank of New York Mellon Corp $1,274,082,304 14,084,483 2.43% Shares
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $1,176,248,067 13,002,965 2.25% Shares
Ninety One UK Ltd $1,116,050,276 12,337,502 2.13% Shares
Aristotle Capital Management, LLC $783,906,442 8,665,712 1.50% Shares
FMR LLC $763,115,873 8,435,949 1.46% Shares
NORGES BANK $757,492,410 8,373,783 1.45% Shares
ALLIANCEBERNSTEIN L.P. $693,526,113 8,660,416 1.32% Shares
BROWN ADVISORY INC $666,327,162 7,365,987 1.27% Shares
BANK OF AMERICA CORP /DE/ $605,396,715 6,692,424 1.16% Shares
Artisan Partners Limited Partnership $599,361,052 6,625,703 1.14% Shares
MORGAN STANLEY $573,459,576 6,339,368 1.09% Shares
DEUTSCHE BANK AG\ $516,552,291 5,710,284 0.99% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $513,572,538 5,677,344 0.98% Shares
NORTHERN TRUST CORP $513,019,376 5,671,229 0.98% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $437,088,491 5,458,148 0.83% Shares
WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST $434,208,000 4,800,000 0.83% Shares
GOLDMAN SACHS GROUP INC $411,512,754 4,549,113 0.79% Shares
Legal & General Group Plc $389,088,546 4,301,222 0.74% Shares
CITADEL ADVISORS LLC $361,652,295 3,997,925 0.69% Shares
Invesco Ltd. $359,806,234 3,977,518 0.69% Shares
DIMENSIONAL FUND ADVISORS LP $334,928,288 3,702,299 0.64% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $334,071,856 3,693,034 0.64% Shares
MILLENNIUM MANAGEMENT LLC $324,280,556 3,584,795 0.62% Shares
ROYAL BANK OF CANADA $316,740,000 3,501,447 0.60% Shares
PRIMECAP MANAGEMENT CO/CA/ $308,314,004 3,408,291 0.59% Shares
VANGUARD FIDUCIARY TRUST CO $292,399,738 3,232,365 0.56% Shares
Holocene Advisors, LP $283,979,721 3,139,285 0.54% Shares
Nuveen, LLC $267,803,860 2,960,468 0.51% Shares
NEUBERGER BERMAN GROUP LLC $261,237,879 2,886,953 0.50% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $250,776,107 2,772,232 0.48% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $238,277,000 2,634,054 0.45% Shares
Amundi $233,363,816 2,579,748 0.45% Shares
Mirova US LLC $229,802,865 2,540,381 0.44% Shares
Allspring Global Investments Holdings, LLC $228,999,539 2,489,396 0.44% Shares
RAYMOND JAMES FINANCIAL INC $219,553,940 2,427,083 0.42% Shares
UBS Group AG $212,640,342 2,350,656 0.41% Shares
Russell Investments Group, Ltd. $207,120,205 2,288,745 0.40% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $175,696,355 1,942,132 0.34% Shares
SEI INVESTMENTS CO $171,883,685 1,900,137 0.33% Shares
Assenagon Asset Management S.A. $163,997,286 1,812,926 0.31% Shares
Point72 Asset Management, L.P. $160,486,895 1,774,120 0.31% Shares
NORDEA INVESTMENT MANAGEMENT AB $147,126,018 1,629,844 0.28% Shares

Show all 1,432 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Undisclosed reporting person April 5, 2001 · Initial filing Board campaign SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 48 insiders · 20 officers · 8 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Bernard J Zovighian CEO July 27, 2026 S 8,916 0 8 $-6,996,971
Theodora Mistras CVP, Chief Financial Officer July 9, 2026 A 99,920 0 0 $0
Thomas M Abate CVP, CFO May 14, 2013 A 43,047 0 0 $0
Wayne Markowitz CVP, JAPAC Sept. 14, 2026 F 19,371 0 5 $-1,042,352
Andrew M. Dahl SVP, Corporate Controller Sept. 13, 2026 F 14,615 0 2 $-98,430
Daniel J. Lippis CVP, TAVR Sept. 11, 2026 M 40,034 0 13 $-871,621
Daveen Chopra CVP, TMTT, Surgical & IHFM Sept. 11, 2026 F 43,926 0 4 $-3,190,031
Annette Bruls CVP, EMEACLA Aug. 28, 2026 S 17,984 0 1 $-237,907
Carlyn D Solomon CVP, Critical Care & Vascular Oct. 28, 2014 M 31,154 0 0 $0
Christine Z Mccauley CVP, Human Resources May 13, 2013 F 4,035 0 0 $0
Paul C Redmond CVP, Global Operations May 13, 2013 S 12,534 0 0 $0
Bruce P Garren CVP, Public Affairs/Special Co May 13, 2013 F 56,071 0 0 $0
John H Kehl JR CVP, Strategy & Corp Dev May 7, 2013 F 101,767 0 0 $0
Robert C Reindl CVP, H.R. and Communications July 27, 2012 M 1,124 0 0 $0
Aimee S Weisner CVP, General Counsel May 9, 2012 A 1,675 0 0 $0
Corinne H Nevinny CVP & Pres., Global Ops May 13, 2010 A 16,687 0 0 $0
Anita Bessler CVP Aug. 31, 2007 S 29,410 0 0 $0
John Alexander Martin CVP, North America May 10, 2007 A 15,300 0 0 $0
Stuart L Foster CVP, Critical Care / Vascular May 10, 2007 A 24,604 0 0 $0
Randel William Woodgrift Corp VP, Manufacturing Ops Aug. 4, 2005 M 3,349 0 0 $0
John T Cardis Director Aug. 10, 2016 S 91,458 0 0 $0
Barbara J Mcneil Director Feb. 4, 2016 S 46,454 0 0 $0
Robert Alexander Ingram Director May 15, 2015 A 32,367 0 0 $0
Michael R Bowlin Director Nov. 14, 2014 M 81,751 0 0 $0
David E I Pyott Director May 9, 2014 A 53,582 0 0 $0
NEAL PHILIP M Director Aug. 12, 2008 M 27,333 0 0 $0
Vernon R Loucks JR Director May 9, 2008 A 24,133 0 0 $0
Donald E Bobo JR · May 27, 2026 S 98,611 0 12 $-11,153,294
Scott B. Ullem · May 11, 2026 M 46,740 0 7 $-3,875,008
Leslie C. Davis · May 8, 2026 A 9,834 0 0 $0
Ramona Sequeira · May 8, 2026 A 6,779 0 0 $0
David T Feinberg · May 8, 2026 A 9,087 0 0 $0
Kieran Gallahue · May 8, 2026 A 4,315 0 0 $0
Nicholas J Valeriani · May 8, 2026 A 84,423 0 0 $0
Heisz Leslie Stone · May 8, 2026 A 34,199 0 1 $-218,117
Steven R Loranger · May 8, 2026 A 8,997 0 0 $0
Paul A Laviolette · May 8, 2026 A 17,552 0 0 $0
Larry L Wood · Aug. 18, 2025 M 206,900 0 0 $0
Catherine M. Szyman · Sept. 3, 2024 F 81,287 0 0 $0
Jean-Luc M Lemercier · July 7, 2024 F 184,686 0 0 $0
Robert W.A. Sellers · May 11, 2024 F 17,081 0 0 $0
Michael A Mussallem · May 2, 2024 M 4,486 0 0 $0
Martha H. Marsh · May 12, 2023 A 31,880 0 0 $0
Huimin Wang · July 8, 2022 M 99,381 0 0 $0
William J Link PHD · May 8, 2020 A 11,349 0 0 $0
Wesley W Von Schack · Aug. 1, 2019 S 8,000 0 0 $0
Patrick B Verguet · May 31, 2017 M 129,137 0 0 $0
Randall J Nelson · Sept. 30, 2003 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 128 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
IHI · iShares Trust 4.43% 1,622,151 SH Sept. 11, 2026 Daily
JDOC · J.P. Morgan Exchange-Traded Fund Tr… 1.73% 1,827 NS July 31, 2026 N-PORT
RSPH · Invesco Exchange-Traded Fund Trust 1.63% 167,084 SH Oct. 2, 2026 Daily
HTEC · EXCHANGE TRADED CONCEPTS TRUST 1.55% 12,485 NS July 31, 2026 N-PORT
VOT · VANGUARD INDEX FUNDS 1.14% 4,411,246 SH Aug. 19, 2026 Daily
CVAR · ETF Opportunities Trust 0.90% 4,502 NS July 31, 2026 N-PORT
JOET · Virtus ETF Trust II 0.81% 22,947 NS July 31, 2026 N-PORT
IYH · iShares Trust 0.80% 333,769 SH Sept. 11, 2026 Daily
NULV · Nushares ETF Trust 0.78% 199,212 NS July 31, 2026 N-PORT
SDG · iShares Trust 0.77% 14,866 SH Sept. 11, 2026 Daily
VHT · VANGUARD WORLD FUND 0.77% 1,733,147 SH Aug. 19, 2026 Daily
NULC · Nushares ETF Trust 0.75% 6,147 NS July 31, 2026 N-PORT
FHLC · FIDELITY COVINGTON TRUST 0.72% 274,258 NS July 31, 2026 N-PORT
IMCG · iShares Trust 0.67% 307,122 SH Sept. 11, 2026 Daily
IXJ · iShares Trust 0.63% 303,150 SH Sept. 11, 2026 Daily
JGLO · J.P. Morgan Exchange-Traded Fund Tr… 0.58% 451,454 NS July 31, 2026 N-PORT
CURE · Direxion Shares ETF Trust 0.57% 11,330 NS July 31, 2026 N-PORT
HUSV · First Trust Exchange-Traded Fund III 0.55% 4,726 NS July 31, 2026 N-PORT
NULG · Nushares ETF Trust 0.52% 160,328 NS July 31, 2026 N-PORT
SUSA · iShares Trust 0.50% 233,488 SH Sept. 11, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.50% 12,477,902 SH Aug. 19, 2026 Daily
IWS · iShares Trust 0.49% 851,606 SH Sept. 11, 2026 Daily
HELO · J.P. Morgan Exchange-Traded Fund Tr… 0.38% 204,605 NS July 31, 2026 N-PORT
FTC · First Trust Exchange-Traded AlphaDE… 0.37% 56,826 NS July 31, 2026 N-PORT
IWR · iShares Trust 0.36% 2,336,086 SH Sept. 11, 2026 Daily
EGUS · iShares Trust 0.36% 1,132 SH Sept. 11, 2026 Daily
JOYT · J.P. Morgan Exchange-Traded Fund Tr… 0.34% 3,899 NS July 31, 2026 N-PORT
IMCB · iShares Trust 0.34% 64,965 SH Sept. 11, 2026 Daily
EVUS · iShares Trust 0.30% 13,166 SH Sept. 11, 2026 Daily
FFLG · FIDELITY COVINGTON TRUST 0.28% 19,459 NS July 31, 2026 N-PORT
XOEF · iShares Trust 0.28% 720 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.28% 154,088 SH Oct. 2, 2026 Daily
ESUM · Strategy Shares 0.27% 5,627 NS July 31, 2026 N-PORT
WINN · Harbor ETF Trust 0.24% 31,833 NS July 31, 2026 N-PORT
DFLV · Dimensional ETF Trust 0.24% 188,776 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.24% 35,583 NS July 31, 2026 N-PORT
HEQQ · J.P. Morgan Exchange-Traded Fund Tr… 0.22% 749 NS July 31, 2026 N-PORT
ESGU · iShares Trust 0.20% 421,118 SH Sept. 11, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.20% 2,266,909 SH Oct. 2, 2026 Daily
USXF · iShares Trust 0.20% 34,234 SH Sept. 11, 2026 Daily
SIZE · iShares Trust 0.20% 9,721 SH Sept. 11, 2026 Daily
EUSA · iShares, Inc. 0.19% 42,285 SH Sept. 11, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.19% 5,470,146 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.18% 12,350 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.18% 327,155 NS July 31, 2026 N-PORT
FEX · First Trust Exchange-Traded AlphaDE… 0.17% 31,155 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.15% 140 NS July 31, 2026 N-PORT
ILCG · iShares Trust 0.15% 53,996 SH Sept. 11, 2026 Daily
QUAL · iShares Trust 0.15% 807,173 SH Sept. 11, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.15% 5,623 NS July 31, 2026 N-PORT
SUSL · iShares Trust 0.15% 20,323 SH Sept. 11, 2026 Daily
ESLV · Strategy Shares 0.14% 236 NS July 31, 2026 N-PORT
DSI · iShares Trust 0.14% 87,882 SH Sept. 11, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.14% 344,148 SH Aug. 19, 2026 Daily
BSCS · Invesco Exchange-Traded Self-Indexe… 0.14% 4,863,000 Oct. 2, 2026 Daily
ACWV · iShares, Inc. 0.14% 52,593 SH Sept. 11, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.14% 172,000 Oct. 1, 2026 Daily
IWD · iShares Trust 0.13% 1,266,618 SH Sept. 11, 2026 Daily
HAPI · Harbor ETF Trust 0.13% 7,541 NS July 31, 2026 N-PORT
AQLT · iShares Trust 0.12% 4,632 SH Sept. 11, 2026 Daily
GLBL · Pacer Funds Trust 0.12% 15 NS July 31, 2026 N-PORT
EGLE · Global X Funds 0.11% 29 NS July 31, 2026 N-PORT
VOOV · VANGUARD ADMIRAL FUNDS 0.10% 71,482 SH Aug. 19, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.10% 19,087 SH Oct. 2, 2026 Daily
USCL · iShares Trust 0.09% 30,549 SH Sept. 11, 2026 Daily
TOPC · iShares Trust 0.09% 349 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.09% 8,633 SH Oct. 2, 2026 Daily
IVE · iShares Trust 0.09% 515,927 SH Sept. 11, 2026 Daily
ESMV · iShares Trust 0.09% 81 SH Sept. 11, 2026 Daily
LGDX · Tidal Trust III 0.09% 1,493 NS July 31, 2026 N-PORT
ESGV · VANGUARD WORLD FUND 0.09% 128,864 SH Aug. 19, 2026 Daily
ACVF · ETF Opportunities Trust 0.09% 1,589 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.09% 22,900 NS July 31, 2026 N-PORT
XVV · iShares Trust 0.09% 6,682 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.09% 271,422 SH Sept. 11, 2026 Daily
XRMI · Global X Funds 0.08% 475 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.08% 14,955,304 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.08% 672,462 SH Aug. 19, 2026 Daily
XYLG · Global X Funds 0.08% 591 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.08% 44 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.08% 29,356 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.08% 28,920 NS July 31, 2026 N-PORT
IVV · iShares Trust 0.08% 7,257,429 SH Sept. 11, 2026 Daily
DFVX · Dimensional ETF Trust 0.08% 4,635 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.08% 86,729 SH Oct. 2, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.08% 3,428 SH Oct. 2, 2026 Daily
BKLC · BNY Mellon ETF Trust 0.07% 47,622 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.07% 31 NS July 31, 2026 N-PORT
PBUS · Invesco Exchange-Traded Fund Trust … 0.07% 99,747 SH Oct. 2, 2026 Daily
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.07% 76,534 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.07% 106,648 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.07% 9,386 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.07% 10,752 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.07% 175,602 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.07% 24,812 SH Sept. 11, 2026 Daily
VOXP · Advisors Series Trust 0.07% 48 NS July 31, 2026 N-PORT
SPUU · Direxion Shares ETF Trust 0.07% 2,173 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.07% 27,431 NS July 31, 2026 N-PORT
IWB · iShares Trust 0.07% 393,450 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.07% 18,282,795 SH Aug. 19, 2026 Daily
VOOG · VANGUARD ADMIRAL FUNDS 0.07% 197,076 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.07% 94,564 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.07% 48,000 SH Aug. 19, 2026 Daily
QDPL · Pacer Funds Trust 0.07% 13,875 NS July 31, 2026 N-PORT
TOV · EA Series Trust 0.07% 2,241 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.07% 752,546 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.07% 156,590 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.07% 365,592 NS July 31, 2026 N-PORT
IVW · iShares Trust 0.06% 564,876 SH Sept. 11, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.06% 7,296 SH Oct. 2, 2026 Daily
PHDG · Invesco Actively Managed Exchange-T… 0.06% 446 SH Oct. 2, 2026 Daily
IUSG · iShares Trust 0.06% 232,595 SH Sept. 11, 2026 Daily
HCMT · Direxion Shares ETF Trust 0.06% 4,008 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.06% 1,613 SH Sept. 11, 2026 Daily
SPXL · Direxion Shares ETF Trust 0.06% 45,012 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.06% 52,555 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.05% 13,604 NS July 31, 2026 N-PORT
ACWI · iShares Trust 0.05% 184,834 SH Sept. 11, 2026 Daily
ROUS · Lattice Strategies Trust 0.04% 3,407 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.04% 480,405 SH Aug. 19, 2026 Daily
CRBN · iShares Trust 0.04% 4,703 SH Sept. 11, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.03% 37,719 SH Oct. 2, 2026 Daily
DXUV · Dimensional ETF Trust 0.03% 1,805 NS July 31, 2026 N-PORT
PEVC · Pacer Funds Trust 0.01% 2 NS July 31, 2026 N-PORT
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 14, 2026 Daily

EW Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 40 analysts BUY
Median target $101.50 +19.2%
13 32.5% Strong Buy
18 45.0% Buy
9 22.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

26 analysts · 2026-09-30

Mean target $100.96 +18.6%

Now Current price $85.15
Low$84.00 Mean$100.96 High$110.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
EW $49.50B 46.6 11.6% 17.7% 10.6% 78.0%
ABT $250.18B 33.7 5.7% 14.7% 13.1% ·
ISRG $201.11B 72.0 20.5% 28.4% 16.7% 66.0%
SYK $134.44B 41.8 11.2% 12.9% 15.1% 64.0%
BSX · 49.1 19.9% 14.4% 12.6% 69.0%
BDX · 25.3 8.2% 7.7% 6.5% ·
IDXX $53.93B 51.7 10.4% 24.6% 69.2% 61.8%
DXCM $25.54B 31.8 15.6% 17.9% 31.4% 60.1%
RMD $28.11B 18.7 9.8% 26.9% 23.6% 61.1%
GEHC · 18.0 4.8% 10.1% 22.1% 40.0%
ZBH $28.66B 25.3 7.2% 8.6% 5.6% ·

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 10-Q filed Aug 4, 2026