EW vs. LH: Edwards Lifesciences vs. Labcorp Stock Comparison
How do Edwards Lifesciences (EW) and Labcorp (LH) 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
Edwards Lifesciences (EW) and Labcorp (LH) both fall under the Health Care Equipment & Services industry group, but EW is classified in Health Care Equipment & Supplies while LH is classified in Health Care Providers & Services.
| Profile Item | EW | LH |
|---|---|---|
| Name | Edwards Lifesciences Corporation | Labcorp Holdings Inc. |
| 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 Providers & Services |
| GICS Sub-Industry | Health Care Equipment | Health Care Services |
| Market Capitalization | 58.73 billion USD | 29.77 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 27, 2000 | March 29, 1990 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EW | LH |
|---|---|---|
| Total Return (1Y) | 25.08% | 48.62% |
| Total Return (3Y, Annualized) | 17.28% | 23.39% |
| Total Return (5Y, Annualized) | -2.77% | 10.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EW | LH |
|---|---|---|
| Volatility (1Y, Annualized) | 25.58% | 24.36% |
| Beta (5Y) | 0.78 | 0.85 |
| Max Drawdown (5Y) | -54.32% | -34.61% |
| Avg. Volume (3M) | 3.69M | 721.05K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EW | LH |
|---|---|---|
| Sharpe Ratio (1Y) | 0.81 | 1.82 |
| Sortino Ratio (1Y) | 1.23 | 2.99 |
Profitability
ROE (TTM)
Both Edwards Lifesciences (EW) at 9.33% and Labcorp (LH) at 11.44% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
LH
Health Care Equipment & Services industry group
11.44%
- Max
- 47.61%
- Q3
- 14.36%
- LH
- 11.44%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Edwards Lifesciences (EW) at 15.30% retains a top-quartile share of revenue as profit, ahead of Labcorp (LH) at 6.88%, which keeps about the industry-typical share.
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%
LH
Health Care Equipment & Services industry group
6.88%
- Max
- 29.35%
- Q3
- 9.33%
- LH
- 6.88%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Edwards Lifesciences (EW) at 30.15% operates in the top operating margin quartile, ahead of Labcorp (LH) at 10.91%, which runs around its industry’s norm.
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%
LH
Health Care Equipment & Services industry group
10.91%
- Max
- 35.43%
- Q3
- 14.14%
- LH
- 10.91%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | EW | LH |
|---|---|---|
| ROE (TTM) | 9.33% | 11.44% |
| ROA (TTM) | 8.77% | 5.48% |
| Net Margin (TTM) | 15.30% | 6.88% |
| Operating Margin (TTM) | 30.15% | 10.91% |
| Gross Margin (TTM) | 78.02% | 28.96% |
Growth
Revenue Growth
Both Edwards Lifesciences (EW) at 11.55% and Labcorp (LH) at 7.25% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Labcorp (LH) at 18.33% is around its peer norm for EPS growth, while Edwards Lifesciences (EW) at -73.74% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | EW | LH |
|---|---|---|
| Revenue Growth (YoY) | 11.55% | 7.25% |
| Revenue Growth (3Y CAGR) | 10.77% | 5.55% |
| EPS Growth (YoY) | -73.74% | 18.33% |
| EPS Growth (3Y CAGR) | -9.14% | -9.19% |
Financial Strength
Current Ratio (MRQ)
Labcorp (LH) at 1.41 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.
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
LH
Health Care Equipment & Services industry group
1.41
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- LH
- 1.41
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Edwards Lifesciences (EW) at 0.06 keeps leverage in the lower industry quartile, while Labcorp (LH) at 0.77 runs a more typical debt-to-equity mix.
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
LH
Health Care Equipment & Services industry group
0.77
- Max
- 1.88
- Q3
- 0.91
- LH
- 0.77
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | EW | LH |
|---|---|---|
| Current Ratio (MRQ) | 4.60 | 1.41 |
| Debt / Equity (MRQ) | 0.06 | 0.77 |
| Net Debt / EBITDA | -1.88 | 2.81 |
Dividends
Dividend Yield (TTM)
Edwards Lifesciences (EW) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Labcorp (LH) reports a yield of 0.79%, ranking against industry peers normally.
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%
LH
Health Care Equipment & Services industry group
0.79%
- LH
- 0.79%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
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 Labcorp (LH) reports a payout of 23.61%, ranking against industry peers normally.
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%
LH
Health Care Equipment & Services industry group
23.61%
- LH
- 23.61%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EW | LH |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.79% |
| Dividend Payout Ratio (TTM) | 0.00% | 23.61% |
Valuation
P/E Ratio (TTM)
Labcorp (LH) at 30.05 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.
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
LH
Health Care Equipment & Services industry group
30.05
- Max
- 80.41
- Q3
- 47.62
- LH
- 30.05
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Labcorp (LH) at 2.04 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.
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
LH
Health Care Equipment & Services industry group
2.04
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- LH
- 2.04
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Edwards Lifesciences (EW) at 5.41 and Labcorp (LH) at 3.36 are valued close to their industries’ norm against book — neither stands out from peers.
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
LH
Health Care Equipment & Services industry group
3.36
- Max
- 11.68
- Q3
- 6.12
- LH
- 3.36
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | EW | LH |
|---|---|---|
| P/E Ratio (TTM) | 59.38 | 30.05 |
| P/S Ratio (TTM) | 8.80 | 2.04 |
| P/B Ratio (MRQ) | 5.41 | 3.36 |
| Free Cash Flow Yield (TTM) | 1.95% | 3.55% |