Edwards Lifesciences Corporation

EW Orthopedic, Prosthetic & Surgical Appliances & Supplies · NYSE

Market statistics

Annualised volatility 24.9%

Beta vs SPY 0.57

Market correlation 0.293

Rate sensitivity -0.12

Volatility sensitivity -0.35

Traded per day $403.1M

Measured from daily returns over the past year. That is not the same estimator as the beta quoted on most finance sites, which is usually five years of monthly returns, and in a market where single stocks move on their own news the daily figure comes out materially lower. Over this window the average large-cap correlation to the index is far below its long-run level: a low number here is a statement about the last twelve months, not a claim that the security is uncorrelated with the market in general.

As filed with the SEC twelve months to 2025-12-31 · balance sheet 2026-03-31

Revenue $6.07B

Operating income $1.26B

Net income $1.07B

Diluted EPS $1.83

Total assets $13.32B

Total liabilities $2.99B

Shareholders’ equity $10.33B

Cash & equivalents $2.45B

Shares outstanding 577.0M

Short selling — three different measurements

Shares short 10.2M

Days to cover 3.1

Change vs prior +2.0%

Short share of volume 43.2%

Largest fail balance 145,740

Dates with a fail balance 13

These measure different things and are routinely confused. Shares short is an outstanding position, reported twice monthly (settlement 2026-08-14). Short share of volume counts sell-side transactions flagged short each day, most of which is market-maker hedging closed the same session — the market-wide median is around half. Fail balances are shares that did not settle on time; the SEC states these are cumulative balances whose age cannot be determined, and they are not evidence of naked short selling.

Short volume across the market

Ownership

Institutions reporting a position 1,272

Reported value $31.85B

Largest reported holdersamong the managers stored here

Manager	Reported value	Shares
WELLINGTON MANAGEMENT GROUP LLP	$1.76B	22,011,101
Bank of New York Mellon Corp	$1.34B	16,737,548
JENNISON ASSOCIATES LLC	$1.05B	13,066,274
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	$1.03B	12,811,902
Ninety One UK Ltd	$992.7M	12,396,143
BROWN ADVISORY INC	$562.9M	7,029,512
DEUTSCHE BANK AG\	$484.9M	6,055,023
Artisan Partners Limited Partnership	$416.5M	5,201,144

On the public record

Insider trading 0 open-market buys, 10 sells by 6 insiders · latest 2026-09-11 Congress trading 21 disclosed trades by 10 members · latest 2025-11-19 Filings on EDGAR CIK 1099800

Moves most like

Ticker	1-year correlation	Volatility vs EW
IHI iShares U.S. Medical Devices ETF	0.556	0.81×
XHE State Street SPDR S&P Health Care Equipment ETF	0.485	0.92×
RSPH Invesco S&P 500 Equal Weight Health Care ETF	0.414	0.68×
ISRG Intuitive Surgical, Inc.	0.411	1.47×
SYK Stryker Corporation	0.397	1.18×
FXH First Trust Health Care AlphaDEX	0.374	0.65×
FHLC Fidelity MSCI Health Care Index ETF	0.363	0.63×
VHT Vanguard Health Care ETF	0.358	0.63×

Full correlation analysis for EW

What is on this page

Everything this site holds about one security, from sources that are all public record. The figures come from different places and mean different things, so each block says where it came from.

Filed by the company — the financial statements, taken from the SEC's XBRL data sets. As filed, unaudited by us, and twelve-month figures unless stated.
Filed by someone else about the company — institutional positions on Form 13F, activist stakes on Schedule 13D, insider transactions on Form 4, congressional trades under the STOCK Act. All lag by design; 13F by up to 45 days.
Reported by the market's plumbing — short interest and short volume from FINRA, settlement fails from the SEC.
Computed here — volatility, beta, correlations and rate sensitivity, measured from daily returns. These are derived statistics; no price or return series is published anywhere on this site.

What is deliberately absent

No price, no chart, no market capitalisation, no valuation ratio. The daily price history behind the statistics above is licensed from a commercial vendor and cannot be republished — and publishing a market cap alongside a share count would hand the price straight back. Every number here is either a public filing or a statistic from which the underlying series cannot be reconstructed.

Coverage

US securities trading at least $1 million a day with three years of history. Sections appear only where there is something to show: a fund has no income statement, most companies have no activist stake, and only a few dozen listed companies hold material federal contracts.