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BTSG vs. EW: BrightSpring Health Services vs. Edwards Lifesciences Stock Comparison

How do BrightSpring Health Services (BTSG) 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

BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW) both fall under the Health Care Equipment & Services industry group, but BTSG is classified in Health Care Providers & Services while EW is classified in Health Care Equipment & Supplies.

Edwards Lifesciences (EW) carries decades of public-market history since March 27, 2000, while BrightSpring Health Services (BTSG) listed on January 26, 2024 — long-window comparisons have far more historical data on the EW side.

Company profile comparison for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
Profile ItemBTSGEW
NameBrightSpring Health Services, Inc.Edwards Lifesciences Corporation
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care ServicesHealth Care Equipment
Market Capitalization13.36 billion USD58.73 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 26, 2024March 27, 2000
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BTSG
EW
GSPC
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BrightSpring Health Services (BTSG) 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

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Trailing total returns for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Total Return (1Y)106.02%25.08%
Total Return (3Y, Annualized)--17.28%
Total Return (5Y, Annualized)---2.77%

Risk Profile

Drawdown History

BTSG
EW
GSPC
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BrightSpring Health Services (BTSG) 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

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Distribution of monthly total returns for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Volatility (1Y, Annualized)45.20%25.58%
Beta (5Y)1.750.78
Max Drawdown (5Y)-35.56%-54.32%
Avg. Volume (3M)2.47M3.69M

Risk-Adjusted Performance

Risk-Return Positioning

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BTSG 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 BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Sharpe Ratio (1Y)2.250.81
Sortino Ratio (1Y)3.251.23

Profitability

ROE (TTM)

BrightSpring Health Services (BTSG) at 15.54% sits in the top ROE quartile, while Edwards Lifesciences (EW) at 9.33% is closer to the peer norm — stronger capital efficiency for BTSG.

BTSG

Health Care Equipment & Services industry group

15.54%

Max
47.61%
BTSG
15.54%
Q3
14.36%
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%
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BrightSpring Health Services (BTSG) 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 BrightSpring Health Services (BTSG) at 2.69%, which keeps about the industry-typical share.

BTSG

Health Care Equipment & Services industry group

2.69%

Max
29.35%
Q3
9.33%
BTSG
2.69%
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%
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Edwards Lifesciences (EW) at 30.15% operates in the top operating margin quartile, ahead of BrightSpring Health Services (BTSG) at 3.81%, which runs around its industry’s norm.

BTSG

Health Care Equipment & Services industry group

3.81%

Max
35.43%
Q3
14.14%
Median
6.81%
BTSG
3.81%
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%
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
ROE (TTM)15.54%9.33%
ROA (TTM)5.44%8.77%
Net Margin (TTM)2.69%15.30%
Operating Margin (TTM)3.81%30.15%
Gross Margin (TTM)12.50%78.02%

Growth

Revenue Growth

BrightSpring Health Services (BTSG) at 28.18% sits in the top revenue growth quartile, while Edwards Lifesciences (EW) at 11.55% is closer to the peer norm — faster top-line expansion for BTSG.

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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Edwards Lifesciences (EW) reports EPS growth of -73.74%, ranked against its industry; BrightSpring Health Services (BTSG) has no EPS growth figure this period.

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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Revenue Growth (YoY)28.18%11.55%
Revenue Growth (3Y CAGR)18.69%10.77%
EPS Growth (YoY)---73.74%
EPS Growth (3Y CAGR)---9.14%

Financial Strength

Current Ratio (MRQ)

BrightSpring Health Services (BTSG) at 1.62 keeps current ratio within its industry’s typical mid-range, while Edwards Lifesciences (EW) at 4.60 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

BTSG

Health Care Equipment & Services industry group

1.62

Max
7.59
Q3
4.00
Median
1.98
BTSG
1.62
Q1
1.37
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
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BrightSpring Health Services (BTSG) 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 quartile, while BrightSpring Health Services (BTSG) at 1.09 sits in the higher-leverage quartile.

BTSG

Health Care Equipment & Services industry group

1.09

Max
1.88
BTSG
1.09
Q3
0.91
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
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BrightSpring Health Services (BTSG) 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 BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Current Ratio (MRQ)1.624.60
Debt / Equity (MRQ)1.090.06
Net Debt / EBITDA2.39-1.88

Dividends

Dividend Yield (TTM)

Neither BrightSpring Health Services (BTSG) nor Edwards Lifesciences (EW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG
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%
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither BrightSpring Health Services (BTSG) nor Edwards Lifesciences (EW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG
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%
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

BrightSpring Health Services (BTSG) at 47.62 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.

BTSG

Health Care Equipment & Services industry group

47.62

Max
80.41
BTSG
47.62
Q3
47.62
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
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

BrightSpring Health Services (BTSG) at 0.88 looks cheap on sales in the lower P/S ratio quartile, while Edwards Lifesciences (EW) at 8.80 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

BTSG

Health Care Equipment & Services industry group

0.88

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
BTSG
0.88
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
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BrightSpring Health Services (BTSG) vs. Edwards Lifesciences (EW): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Edwards Lifesciences (EW) at 5.41 is valued about in line with its industry on P/B ratio, while BrightSpring Health Services (BTSG) at 6.39 carries an above-peer premium to book — BTSG is pricier on assets.

BTSG

Health Care Equipment & Services industry group

6.39

Max
11.68
BTSG
6.39
Q3
6.12
Median
3.00
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
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BrightSpring Health Services (BTSG) 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 BrightSpring Health Services (BTSG) and Edwards Lifesciences (EW)
MetricBTSGEW
P/E Ratio (TTM)47.6259.38
P/S Ratio (TTM)0.888.80
P/B Ratio (MRQ)6.395.41
Free Cash Flow Yield (TTM)8.30%1.95%