Edwards Lifesciences Corporation (EW) vs IQVIA Holdings Inc. (IQV)
A side-by-side comparison of Edwards Lifesciences Corporation and IQVIA Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
EW
Edwards Lifesciences Corporation
$89.79HealthcareAt close: Aug 21, 2026, 4:00 PM ET
IQV
IQVIA Holdings Inc.
$259.82HealthcareAt close: Aug 21, 2026, 4:00 PM ET
Total return — EW vs IQV
growth of $100 · dividends reinvested · last 10yEW +138.9% (+9.1%/yr)IQV +239.2% (+13.0%/yr)IQV compounded faster over this window
EW IQV
EW vs IQV: by the numbers
- •EW is the larger company ($51.70B vs $42.77B market cap).
- •IQV trades at the lower trailing earnings multiple (32.24 vs 51.60 P/E), one valuation lens rather than an overall verdict.
- •EW converts more revenue to profit (15.43% vs 8.10% net margin).
- •EW grew revenue faster over the past five years (5.75% vs 5.61% CAGR).
Metrics side by side
Valuation
| Metric | EW | IQV |
|---|---|---|
| P/E ratio | 51.60 | 32.24 |
| Forward P/E | 29.92 | 20.04 |
| P/S ratio | 7.96 | 2.58 |
| P/B ratio | 4.88 | 7.10 |
| EV / EBITDA | 24.89 | 16.67 |
| FCF yield | 2.76% | 5.97% |
Profitability
| Metric | EW | IQV |
|---|---|---|
| Gross margin | 77.98% | 26.23% |
| Operating margin | 28.09% | 13.57% |
| Net margin | 15.43% | 8.10% |
| ROE | 9.46% | 22.28% |
| ROIC | 10.22% | 8.32% |
Growth (annualized)
| Metric | EW | IQV |
|---|---|---|
| Revenue CAGR (5Y) | 5.75% | 5.61% |
| EPS CAGR (5Y) | 6.87% | 40.21% |
| FCF CAGR (5Y) | 6.41% | 4.44% |
| Total return CAGR (5Y) | -5.47% | 0.40% |
Frequently asked
- Which has the lower trailing P/E, EW or IQV?
- IQV has the lower trailing P/E: EW trades at 51.60 and IQV at 32.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EW or IQV?
- Over the past five years, EW grew revenue faster — EW at a 5.75% CAGR versus IQV at 5.61%.
- Is EW or IQV more profitable?
- EW runs the higher net margin — EW at 15.43% versus IQV at 8.10%.
- How have EW and IQV total returns compared?
- Over the past 10 years, EW delivered 8.59% and IQV delivered 13.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Edwards Lifesciences P/E ratioIQVIA P/E ratioEdwards Lifesciences ROEIQVIA ROEEdwards Lifesciences operating marginIQVIA operating marginEdwards Lifesciences revenue growthIQVIA revenue growthEdwards Lifesciences free cash flowIQVIA free cash flow
Edwards Lifesciences & IQVIA appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.