BDX vs. EW: Becton, Dickinson vs. Edwards Lifesciences Stock Comparison

November 11, 2026

How do Becton, Dickinson (BDX) and Edwards Lifesciences (EW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Becton, Dickinson (BDX) and Edwards Lifesciences (EW) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

Company profile comparison for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Profile Item	BDX	EW
Name	Becton, Dickinson and Company	Edwards Lifesciences Corporation
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment	Health Care Equipment
Market Capitalization	57.71 billion USD	58.73 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	March 27, 2000
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BDX

GSPC

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Becton, Dickinson (BDX) and Edwards Lifesciences (EW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Becton, Dickinson (BDX) and Edwards Lifesciences (EW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Total Return (1Y)	57.61%	25.08%
Total Return (3Y, Annualized)	7.79%	17.28%
Total Return (5Y, Annualized)	4.70%	-2.77%

Risk Profile

Drawdown History

BDX

GSPC

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Becton, Dickinson (BDX) and Edwards Lifesciences (EW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Volatility (1Y, Annualized)	26.68%	25.58%
Beta (5Y)	0.19	0.78
Max Drawdown (5Y)	-40.06%	-54.32%
Avg. Volume (3M)	1.77M	3.69M

Risk-Adjusted Performance

Risk-Return Positioning

BDX and EW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Sharpe Ratio (1Y)	2.00	0.81
Sortino Ratio (1Y)	3.59	1.23

Profitability

ROE (TTM)

Both Becton, Dickinson (BDX) at 5.66% and Edwards Lifesciences (EW) at 9.33% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BDX

Health Care Equipment & Services industry group

5.66%

Max: 47.61%
Q3: 14.36%
BDX: 5.66%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

EW

Health Care Equipment & Services industry group

9.33%

Max: 47.61%
Q3: 14.36%
EW: 9.33%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Edwards Lifesciences (EW) at 15.30% retains a top-quartile share of revenue as profit, ahead of Becton, Dickinson (BDX) at 5.89%, which keeps about the industry-typical share.

BDX

Health Care Equipment & Services industry group

5.89%

Max: 29.35%
Q3: 9.33%
BDX: 5.89%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

EW

Health Care Equipment & Services industry group

15.30%

Max: 29.35%
EW: 15.30%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Becton, Dickinson (BDX) at 21.63% and Edwards Lifesciences (EW) at 30.15% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

BDX

Health Care Equipment & Services industry group

21.63%

Max: 35.43%
BDX: 21.63%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

EW

Health Care Equipment & Services industry group

30.15%

Max: 35.43%
EW: 30.15%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
ROE (TTM)	5.66%	9.33%
ROA (TTM)	3.59%	8.77%
Net Margin (TTM)	5.89%	15.30%
Operating Margin (TTM)	21.63%	30.15%
Gross Margin (TTM)	47.02%	78.02%

Growth

Revenue Growth

Both Becton, Dickinson (BDX) at 8.24% and Edwards Lifesciences (EW) at 11.55% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Becton, Dickinson (BDX) at -1.86% is around its peer norm for EPS growth, while Edwards Lifesciences (EW) at -73.74% drops into the bottom quartile, signaling weaker earnings momentum.

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Revenue Growth (YoY)	8.24%	11.55%
Revenue Growth (3Y CAGR)	4.99%	10.77%
EPS Growth (YoY)	-1.86%	-73.74%
EPS Growth (3Y CAGR)	-0.34%	-9.14%

Financial Strength

Current Ratio (MRQ)

Edwards Lifesciences (EW) at 4.60 carries current ratio above its industry’s typical mid-range, while Becton, Dickinson (BDX) at 0.87 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

BDX

Health Care Equipment & Services industry group

0.87

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
BDX: 0.87
Min: 0.30

EW

Health Care Equipment & Services industry group

4.60

Max: 7.59
EW: 4.60
Q3: 4.00
Median: 1.98
Q1: 1.37
Min: 0.30

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Edwards Lifesciences (EW) at 0.06 keeps leverage in the lower industry quartile, while Becton, Dickinson (BDX) at 0.66 runs a more typical debt-to-equity mix.

BDX

Health Care Equipment & Services industry group

0.66

Max: 1.88
Q3: 0.91
BDX: 0.66
Median: 0.58
Q1: 0.16
Min: 0.00

EW

Health Care Equipment & Services industry group

0.06

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
EW: 0.06
Min: 0.00

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Current Ratio (MRQ)	0.87	4.60
Debt / Equity (MRQ)	0.66	0.06
Net Debt / EBITDA	2.95	-1.88

Dividends

Dividend Yield (TTM)

Neither Becton, Dickinson (BDX) nor Edwards Lifesciences (EW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BDX

Health Care Equipment & Services industry group

0.00%

BDX: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

EW

Health Care Equipment & Services industry group

0.00%

EW: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Edwards Lifesciences (EW) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Becton, Dickinson (BDX) reports a payout of 72.49%, ranking against industry peers normally.

BDX

Health Care Equipment & Services industry group

72.49%

BDX: 72.49%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

EW

Health Care Equipment & Services industry group

0.00%

EW: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	72.49%	0.00%

Valuation

P/E Ratio (TTM)

Becton, Dickinson (BDX) at 41.87 is near its industry’s usual P/E ratio, while Edwards Lifesciences (EW) at 59.38 sits in the richer quartile — EW needs stronger growth or earnings quality to justify the premium.

BDX

Health Care Equipment & Services industry group

41.87

Max: 80.41
Q3: 47.62
BDX: 41.87
Median: 29.93
Q1: 21.19
Min: 4.21

EW

Health Care Equipment & Services industry group

59.38

Max: 80.41
EW: 59.38
Q3: 47.62
Median: 29.93
Q1: 21.19
Min: 4.21

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Becton, Dickinson (BDX) at 2.97 is priced about in line with its industry on P/S ratio, while Edwards Lifesciences (EW) at 8.80 sits in the pricier quartile — EW costs more per dollar of sales.

BDX

Health Care Equipment & Services industry group

2.97

Max: 8.80
Q3: 4.32
BDX: 2.97
Median: 2.13
Q1: 1.10
Min: 0.03

EW

Health Care Equipment & Services industry group

8.80

EW: 8.80
Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
Min: 0.03

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Becton, Dickinson (BDX) at 2.34 and Edwards Lifesciences (EW) at 5.41 are valued close to their industries’ norm against book — neither stands out from peers.

BDX

Health Care Equipment & Services industry group

2.34

Max: 11.68
Q3: 6.12
Median: 3.00
BDX: 2.34
Q1: 1.73
Min: -1.31

EW

Health Care Equipment & Services industry group

5.41

Max: 11.68
Q3: 6.12
EW: 5.41
Median: 3.00
Q1: 1.73
Min: -1.31

Becton, Dickinson (BDX) vs. Edwards Lifesciences (EW): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Becton, Dickinson (BDX) and Edwards Lifesciences (EW)
Metric	BDX	EW
P/E Ratio (TTM)	41.87	59.38
P/S Ratio (TTM)	2.97	8.80
P/B Ratio (MRQ)	2.34	5.41
Free Cash Flow Yield (TTM)	7.18%	1.95%