Edwards LifesciencesEW +3.12%97 Quick Ratio is 3.63 as of Mar. 2026, which is 35% above its 10-year median of 2.68. GuruFocus rates EW with a GF Score™ of 97/100 and a GF Value™ of $93.17 (Fairly Valued). The stock has 5 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Edwards Lifesciences ranks better than 72.95% on this metric.
Edwards Lifesciences has a quick ratio of 3.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Edwards Lifesciences's Quick Ratio or its related term are showing as below:
EW'
s Quick Ratio Range Over the Past 10 Years
Min: 1.4 Med: 2.68 Max: 3.87
Current: 3.63
During the past 13 years, Edwards Lifesciences's highest Quick Ratio was 3.87. The lowest was 1.40. And the median was 2.68.
EW's Quick Ratio is ranked better than 72.95% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 1.865
vs EW: 3.63
Edwards Lifesciences (NYSE:EW) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Edwards Lifesciences Quick Ratio Related Terms
Edwards Lifesciences Quick Ratio Historical Data
* Premium members only.
The historical data trend for Edwards Lifesciences's Quick Ratio 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.
For the Medical Devices subindustry, Edwards Lifesciences's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Edwards Lifesciences's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Edwards Lifesciences's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Edwards Lifesciences's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (EW) has a Quick Ratio of 3.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Edwards Lifesciences and its competitors. This is 35% above median its historical median of 2.68. Over the past decade, Edwards Lifesciences' Quick Ratio has ranged from 1.40 to 3.87. According to the industry distribution chart, Edwards Lifesciences ranks #231 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 27%.
Is Edwards Lifesciences' Quick Ratio too high?
Edwards Lifesciences' current Quick Ratio of 3.63 is 35% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 3.87. The Medical Devices & Instruments industry median Quick Ratio is 1.87. Edwards Lifesciences' value of 3.63 is 94.6% above this industry median. Based on the distribution chart, Edwards Lifesciences ranks #231 out of 854 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Edwards Lifesciences has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Edwards Lifesciences' Quick Ratio compare to DXCM and GEHC?
According to the Medical Devices & Instruments industry distribution chart, Edwards Lifesciences ranks #231 out of 854 companies for Quick Ratio. This puts Edwards Lifesciences in the upper half of its industry. The industry median Quick Ratio is 1.87. Edwards Lifesciences' value of 3.63 is 94.6% above this benchmark. Historically, Edwards Lifesciences' own Quick Ratio has ranged from 1.40 to 3.87 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 1.87, Edwards Lifesciences has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Edwards Lifesciences's current Quick Ratio of 3.63 is 94.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Edwards Lifesciences and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edwards Lifesciences's current Quick Ratio is 3.63, which is 35% above median its own 10-year median of 2.68. 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 (EW) is currently considered Fairly Valued. The stock's GF Value™ is $93.17, compared to a current price of $89.66 — trading 3.8% below its estimated fair value. The current Quick Ratio is 3.63, which is 35% above median its 10-year median of 2.68 and 94.6% above the Medical Devices & Instruments industry median of 1.87. Edwards Lifesciences' overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Edwards Lifesciences (EW), the current Quick Ratio is 3.63 as of Mar. 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 (EW) Overvalued in 2026?
Based on GuruFocus' analysis, Edwards Lifesciences stock appears to be undervalued.
The current stock price of $89.66 is trading 3.8% below its estimated GF Value™ of $93.17.
GuruFocus considers Edwards Lifesciences to be Fairly Valued.
Key valuation signals for EW:
Quick Ratio: 3.63 (35% above median its 10-year median of 2.68)
GF Value™: $93.17 vs. price of $89.66 (3.8% below fair value)
Industry Position: 94.6% above the Medical Devices & Instruments median (#231 of 854)
No single metric tells the full story. See the EW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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