Edwards Lifesciences (EW) Stock Buyback History
TTM buyback yield 1.56% · Shareholder yield (TTM) 1.56%.
TTM buyback yield
1.56%
Shareholder yield (TTM)
1.56%
5Y share count change
-7.3%
TTM buyback spend
$724.90M
SBC coverage (TTM)
4.44x
YoY change in spend
-22.9%
5Y CAGR of spend
+7.4%
Peak year (2022)
$1.73B
Cumulative spend
$11.08B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Edwards Lifesciences (EW) repurchased about $724.90M of stock over the trailing twelve months.
- Diluted share count is down 7.3% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 4.44× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +7.4% per year over the latest 5-year window.
- TTM repurchases used about 67% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $893.40M | $158.10M | $735.30M | 0.59B | -2.3% | 1.81% |
| 2024 | $1.16B | $162.30M | $997.10M | 0.60B | -1.7% | 2.66% |
| 2023 | $879.60M | $139.40M | $740.20M | 0.61B | -2.4% | 1.91% |
| 2022 | $1.73B | $126.80M | $1.60B | 0.62B | -1.1% | 3.78% |
| 2021 | $512.80M | $109.30M | $403.50M | 0.63B | -0.1% | 0.63% |
| 2020 | $625.40M | $92.60M | $532.80M | 0.63B | -0.7% | 1.10% |
| 2019 | $263.30M | $81.30M | $182.00M | 0.64B | -0.7% | 0.54% |
| 2018 | $795.50M | $71.00M | $724.50M | 0.64B | -1.1% | 2.50% |
| 2017 | $763.30M | $61.60M | $701.70M | 0.65B | -0.9% | 3.21% |
| 2016 | $662.30M | $56.90M | $605.40M | 0.65B | -1.1% | 3.31% |
| 2015 | $280.10M | $49.90M | $230.20M | 0.66B | 1.5% | 1.64% |
| 2014 | $300.90M | $48.30M | $252.60M | 0.65B | -4.7% | 2.20% |
| 2013 | $496.90M | $47.40M | $449.50M | 0.68B | -3.8% | 6.92% |
| 2012 | $344.10M | $42.10M | $302.00M | 0.71B | -0.9% | 3.32% |
| 2011 | $303.40M | $35.00M | $268.40M | 0.72B | 0.2% | 3.76% |
| 2010 | $200.00M | $29.30M | $170.70M | 0.72B | 1.5% | 2.18% |
| 2009 | $95.50M | $28.30M | $67.20M | 0.70B | -1.5% | 1.95% |
| 2008 | $306.50M | $28.70M | $277.80M | 0.72B | -4.9% | 10.00% |
| 2007 | $130.90M | $27.70M | $103.20M | 0.75B | -1.9% | 5.02% |
| 2006 | $145.90M | $26.60M | $119.30M | 0.77B | 2.6% | 5.38% |
| 2005 | $53.50M | $0.00 | $53.50M | 0.75B | 0.5% | 2.16% |
| 2004 | $59.10M | $0.00 | $59.10M | 0.74B | 1.5% | 2.40% |
| 2003 | $49.40M | $0.00 | $49.40M | 0.73B | -0.3% | 2.78% |
| 2002 | $30.80M | $0.00 | $30.80M | 0.74B | 4.1% | 2.06% |
| 2001 | $0.00 | $0.00 | $0.00 | 0.71B | 1.4% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.70B | 0.0% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.70B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Edwards Lifesciences (EW) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Edwards Lifesciences (EW)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Edwards Lifesciences (EW)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $893.40M | -22.9% | -$266.00M | ||
| 2024 | $1.16B | +31.8% | +$279.80M | ||
| 2023 | $879.60M | -49.1% | -$847.50M | ||
| 2022 | $1.73B | +236.8% | +$1.21B | ||
| 2021 | $512.80M | -18.0% | -$112.60M | ||
| 2020 | $625.40M | +137.5% | +$362.10M | ||
| 2019 | $263.30M | -66.9% | -$532.20M | ||
| 2018 | $795.50M | +4.2% | +$32.20M | ||
| 2017 | $763.30M | +15.2% | +$101.00M | ||
| 2016 | $662.30M | +136.5% | +$382.20M | ||
| 2015 | $280.10M | -6.9% | -$20.80M | ||
| 2014 | $300.90M | -39.4% | -$196.00M | ||
| 2013 | $496.90M | +44.4% | +$152.80M | ||
| 2012 | $344.10M | +13.4% | +$40.70M | ||
| 2011 | $303.40M | +51.7% | +$103.40M | ||
| 2010 | $200.00M | +109.4% | +$104.50M | ||
| 2009 | $95.50M | -68.8% | -$211.00M | ||
| 2008 | $306.50M | +134.1% | +$175.60M | ||
| 2007 | $130.90M | -10.3% | -$15.00M | ||
| 2006 | $145.90M | +172.7% | +$92.40M | ||
| 2005 | $53.50M | -9.5% | -$5.60M | ||
| 2004 | $59.10M | +19.6% | +$9.70M | ||
| 2003 | $49.40M | +60.4% | +$18.60M | ||
| 2002 | $30.80M | — | +$30.80M | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | — |
Edwards Lifesciences (EW) most recent annual buyback spend stands at $893.40M (2025) – declined 22.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Edwards Lifesciences buyback spend compounded at +7.4% per year, with the latest reading among the more recent periods of the dataset.
Edwards Lifesciences buyback spend peaked at $1.73B in 2022; the latest annual figure is $893.40M in 2025 (48.3% below peak).
2022 marks the peak buyback spend at $1.73B, with the historical low of $0 recorded in 1999.
Among 8 Healthcare peers, Edwards Lifesciences (EW) ranks 7th; the peer median for buyback spend is $2.75B.
Edwards Lifesciences Buyback Spend 2025: $893.40M
Edwards Lifesciences buyback spend in 2025 was $893.40M, declined 22.9% below 2024.
Edwards Lifesciences Buyback Spend 2024: $1.16B
Edwards Lifesciences buyback spend in 2024 was $1.16B, surged 31.8% from 2023.
Edwards Lifesciences Buyback Spend 2023: $879.60M
Edwards Lifesciences buyback spend in 2023 was $879.60M, plunged 49.1% below 2022.
Edwards Lifesciences Buyback Spend 2022: $1.73B
Edwards Lifesciences buyback spend in 2022 was $1.73B, surged 236.8% from 2021. This figure represents the highest annual value in the available history.
Edwards Lifesciences Buyback Spend 2021: $512.80M
Edwards Lifesciences buyback spend in 2021 was $512.80M.
See more financial history for Edwards Lifesciences (EW).
Sector peers by buyback spend
Companies in the same sector as Edwards Lifesciences, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Johnson & Johnson (JNJ) | $5.95B | Healthcare |
| UnitedHealth Group (UNH) | $5.54B | Healthcare |
| Merck & Co. (MRK) | $5.08B | Healthcare |
| Eli Lilly (LLY) | $4.11B | Healthcare |
| Novo Nordisk (NVO) | $1.39B | Healthcare |
| AbbVie (ABBV) | $980.00M | Healthcare |
| AstraZeneca (AZN) | $719.66M | Healthcare |
| Amgen (AMGN) | $0 | Healthcare |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 4.44×.
Capital allocation mix
How Edwards Lifesciences splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.09B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Edwards Lifesciences's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Edwards Lifesciences buy back its own stock?
Yes, Edwards Lifesciences (EW) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Edwards Lifesciences spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $724.90M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Edwards Lifesciences's buyback yield?
TTM buyback yield is about 1.56% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Edwards Lifesciences's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.56% combined (TTM-based where available).
Is Edwards Lifesciences diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Edwards Lifesciences's share count changed?
Diluted weighted average shares changed by about -7.3% over roughly five fiscal years (annual income statement data).
What is Edwards Lifesciences's buyback spend?
Latest reported buyback spend for Edwards Lifesciences (EW) is $724.90M (period ending March 31, 2026).
How has Edwards Lifesciences buyback spend changed year-over-year?
Edwards Lifesciences (EW) buyback spend changed -22.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Edwards Lifesciences buyback spend?
Edwards Lifesciences (EW) buyback spend compound annual growth rate is +7.4% over the most recent 5 years available.
When did Edwards Lifesciences buyback spend hit its highest annual value?
Edwards Lifesciences buyback spend reached its highest annual value of $1.73B in 2022.
What was Edwards Lifesciences buyback spend in 2024?
Edwards Lifesciences (EW) buyback spend in 2024 was $1.16B.
What was Edwards Lifesciences buyback spend in 2025?
Edwards Lifesciences (EW) buyback spend in 2025 was $893.40M.
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