Edwards Lifesciences (WBO:EWLS) Pre-Tax Income: €1,222 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:EWLS Edwards Lifesciences Corp WBO:EWLS
96 GF Score
Price €74.46
GF Value €81.45
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Edwards Lifesciences Pre-Tax Income?

Edwards Lifesciences WBO:EWLS -3.10% 96 Pre-Tax Income is €1,222 Mil as of Jun. 2026. GuruFocus rates WBO:EWLS with a GF Score™ of 96/100 and a GF Value™ of €81.45 (Fairly Valued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Edwards Lifesciences's pretax income for the three months ended in Jun. 2026 was €451 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was €1,222 Mil. Edwards Lifesciences's pretax margin was 29.86%.

During the past 13 years, Edwards Lifesciences's highest Pretax Margin was 34.04%. The lowest was 20.45%. And the median was 27.11%.


Edwards Lifesciences  (WBO:EWLS) Pre-Tax Income Explanation

Edwards Lifesciences's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=451.186/1511.188
=29.86%

During the past 13 years, Edwards Lifesciences's highest Pretax Margin was 34.04%. The lowest was 20.45%. And the median was 27.11%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Edwards Lifesciences Pre-Tax Income Related Terms


Edwards Lifesciences Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Edwards Lifesciences's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Edwards Lifesciences Pre-Tax Income Chart

Edwards Lifesciences Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,506.27 1,434.41 1,258.49 1,478.44 1,087.06

Edwards Lifesciences Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 346.97 296.84 77.20 397.04 451.19

WBO:EWLS vs BSX, DXCM, GEHC: Pre-Tax Income Comparison

For the Medical Devices subindustry, Edwards Lifesciences's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Edwards Lifesciences Pre-Tax Income vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Edwards Lifesciences's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Edwards Lifesciences's Pre-Tax Income falls into.


WBO:EWLS
96GF Score
Edwards Lifesciences Corp WBO:EWLS
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edwards Lifesciences Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Edwards Lifesciences's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1397.315+-436.992+-17.422+144.155+0.00099999999997635
=1,087

Edwards Lifesciences's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=450.926+-25.78+0+26.04+0
=451

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,222 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of €1,222 Mil mean?
Edwards Lifesciences (WBO:EWLS) has a Pre-Tax Income of €1,222 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Edwards Lifesciences and its competitors.
Is Edwards Lifesciences' Pre-Tax Income too high?
Edwards Lifesciences' current Pre-Tax Income is €1,222 Mil. Overall, Edwards Lifesciences has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edwards Lifesciences' Pre-Tax Income compare to BSX and DXCM?
Edwards Lifesciences' Pre-Tax Income of €1,222 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Medical Devices & Instruments company?
A good Pre-Tax Income depends on the Medical Devices & Instruments industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Edwards Lifesciences and its competitors. Edwards Lifesciences's current Pre-Tax Income is €1,222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edwards Lifesciences stock overvalued right now?
Based on GuruFocus' analysis, Edwards Lifesciences (WBO:EWLS) is currently considered Fairly Valued. The stock's GF Value™ is €81.45, compared to a current price of €74.46 — trading 8.6% below its estimated fair value. The current Pre-Tax Income is €1,222 Mil. Edwards Lifesciences' overall GF Score™ is 96/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Edwards Lifesciences (WBO:EWLS), the current Pre-Tax Income is €1,222 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Edwards Lifesciences (WBO:EWLS) Overvalued in 2026?

Based on GuruFocus' analysis, Edwards Lifesciences stock appears to be undervalued. The current stock price of €74.46 is trading 8.6% below its estimated GF Value™ of €81.45. GuruFocus considers Edwards Lifesciences to be Fairly Valued.

Key valuation signals for WBO:EWLS:

  • Pre-Tax Income: €1,222 Mil
  • GF Value™: €81.45 vs. price of €74.46 (8.6% below fair value)
  • GF Score™: 96/100 with 5 warning signs

No single metric tells the full story. See the WBO:EWLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Edwards Lifesciences Business Description

Address One Edwards Way, Irvine, CA, USA, 92614
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of structural heart disease. It has established itself as a leader across key products, including surgical tissue heart valves, transcatheter aortic valves, and transcatheter mitral and tricuspid valve technologies. The firm derives about 60% of its total sales from outside the US.
96GF Score

Get the complete analysis for WBO:EWLS

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.46
Price
€81.45
GF Value