Edwards Lifesciences Corp (EW) — Financial Flexibility Index

Latest as of June 2026: 0.23x

Edwards Lifesciences Corp (EW) has a Financial Flexibility Index of 0.23x as of June 2026. Free cash flow of $718.80 Million (operating CF $651.90 Million minus capex $66.90 Million) represents 0% of total liabilities ($3.14 Billion). Check total reinvestment intensity of Edwards Lifesciences Corp to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.23x
Free Cash Flow / Total Liabilities

Free Cash Flow

$718.80 Million
Operating CF − Capex

Total Liabilities

$3.14 Billion
USD

Capital Expenditures

$66.90 Million
USD

Edwards Lifesciences Corp Financial Flexibility Index (1999–2025)

Historical Financial Flexibility Index trend for Edwards Lifesciences Corp across 27 annual periods. For the full cash flow conversion analysis, see EW cash flow conversion.

Annual Financial Flexibility Index for Edwards Lifesciences Corp (1999–2025)

Year-by-year free cash flow to debt coverage for Edwards Lifesciences Corp. Explore Edwards Lifesciences Corp (EW) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.55x $1.86 Billion $1.60 Billion $3.36 Billion ▲ +108.0%
2024 0.27x $794.70 Million $542.30 Million $2.99 Billion ▼ -39.6%
2023 0.44x $1.16 Billion $895.80 Million $2.64 Billion ▼ -26.3%
2022 0.60x $1.48 Billion $1.22 Billion $2.49 Billion ▼ -22.8%
2021 0.77x $2.06 Billion $1.73 Billion $2.67 Billion ▲ +40.9%
2020 0.55x $1.46 Billion $1.05 Billion $2.66 Billion ▼ -11.9%
2019 0.62x $1.46 Billion $1.18 Billion $2.34 Billion ▲ +16.4%
2018 0.54x $1.17 Billion $926.80 Million $2.18 Billion ▲ +22.9%
2017 0.44x $1.18 Billion $1.00 Billion $2.70 Billion ▼ -10.7%
2016 0.49x $921.80 Million $704.40 Million $1.89 Billion ▲ +15.6%
2015 0.42x $656.20 Million $549.70 Million $1.56 Billion ▼ -49.6%
2014 0.84x $1.12 Billion $1.02 Billion $1.33 Billion ▲ +67.4%
2013 0.50x $582.80 Million $472.70 Million $1.17 Billion ▼ -26.0%
2012 0.68x $501.50 Million $373.80 Million $742.20 Million ▲ +7.2%
2011 0.63x $405.10 Million $314.50 Million $642.60 Million ▼ -8.0%
2010 0.68x $314.40 Million $251.40 Million $459.00 Million ▲ +36.7%
2009 0.50x $229.30 Million $165.30 Million $457.60 Million ▲ +13.0%
2008 0.44x $231.20 Million $153.20 Million $521.40 Million ▼ -17.1%
2007 0.53x $272.70 Million $210.20 Million $510.10 Million ▼ -8.4%
2006 0.58x $290.20 Million $230.80 Million $497.40 Million ▲ +69.7%
2005 0.34x $185.30 Million $136.80 Million $539.10 Million ▼ -25.3%
2004 0.46x $223.10 Million $180.60 Million $484.60 Million ▲ +34.0%
2003 0.34x $160.20 Million $122.30 Million $466.30 Million ▼ -0.1%
2002 0.34x $161.30 Million $120.60 Million $468.80 Million ▲ +27.2%
2001 0.27x $139.00 Million $101.00 Million $514.00 Million ▼ -4.2%
2000 0.28x $183.00 Million $137.00 Million $648.00 Million ▼ -72.4%
1999 1.02x $218.00 Million $176.00 Million $213.00 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities