Applied Industrial Technologies (AIT) vs Edwards Lifesciences (EW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Applied Industrial Technologies (AIT) has outperformed Edwards Lifesciences (EW) over the past year, gaining 32.4% versus a gain of 11.8%. Over five years, AIT leads with a +250.6% price change compared with -23.5% for EW. Edwards Lifesciences is the larger company by market cap ($49.44 billion vs $12.29 billion), about 4.0 times the size.
On valuation, Applied Industrial Technologies trades at a lower forward P/E (25.3x vs 25.4x for Edwards Lifesciences). Applied Industrial Technologies pays a dividend yielding 0.58%, while Edwards Lifesciences does not currently pay one. Edwards Lifesciences converts more of its revenue into profit, with a net margin of 17.7% versus 8.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AIT | EW |
|---|---|---|
| Share price | $334.58 | $85.78 |
| Market cap | $12.29B | $49.44B |
| 1-day change | -3.02% | -0.81% |
| YTD return | +30.30% | +0.62% |
| 1-year return | +32.38% | +11.81% |
| 5-year return | +250.64% | -23.52% |
| P/E ratio (TTM) | 30.56 | 51.06 |
| Forward P/E | 25.29 | 25.40 |
| EPS (TTM) | $10.95 | $1.68 |
| Dividend yield | 0.58% | 0.00% |
| Annual dividend | $1.94 | $0.00 |
| Revenue (latest FY) | $4.97B | $6.07B |
| Revenue growth (YoY) | +8.84% | +11.55% |
| Net income (latest FY) | $414.52M | $1.07B |
| Gross margin | 30.34% | 78.01% |
| Operating margin | 11.06% | 20.84% |
| Net margin | 8.35% | 17.69% |
| 52-week high | $374.80 | $96.29 |
| 52-week low | $238.34 | $72.30 |
| Distance from 52-week high | -10.73% | -10.91% |
| Analyst consensus | none | buy |
| Avg. price target upside | +19.55% | +18.86% |
| Average volume | 280.12K | 3.82M |
| Shares outstanding | 36.73M | 576.40M |
| Employees | 6,900 | 16,000 |
| Sector | Consumer Discretionary | Health Care |
| Industry | Industrial Specialties | Industrial Specialties |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Edwards Lifesciences is about 4.0 times larger than Applied Industrial Technologies by market value ($49.44B vs $12.29B).
- AIT has outperformed EW by 20.6 percentage points over the past year.
- Edwards Lifesciences trades at a higher earnings multiple (51.1x vs 30.6x trailing P/E).
- Edwards Lifesciences is more profitable, keeping 17.7 cents of every revenue dollar as net income versus 8.3 cents for Applied Industrial Technologies.
- The two companies sit in different sectors: Applied Industrial Technologies in Consumer Discretionary and Edwards Lifesciences in Health Care.
About Applied Industrial Technologies
AIT stock →Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica.
Consumer Discretionary · Industrial Specialties · 6,900 employees
About Edwards Lifesciences
EW stock →Edwards Lifesciences Corporation provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL and EVOQUE brands.
Health Care · Industrial Specialties · 16,000 employees
AIT vs EW FAQ
Which is bigger, Applied Industrial Technologies or Edwards Lifesciences?
Edwards Lifesciences (EW) is larger, with a market capitalization of $49.44B compared with $12.29B for Applied Industrial Technologies (AIT).
Which stock has performed better over the past year, AIT or EW?
AIT returned +32.38% over the past 12 months, compared with +11.81% for EW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AIT or EW?
AIT has the lower trailing P/E at 30.6, versus 51.1 for EW. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Applied Industrial Technologies or Edwards Lifesciences?
Applied Industrial Technologies pays a dividend yielding 0.58%, while Edwards Lifesciences does not currently pay a regular dividend.
Are Applied Industrial Technologies and Edwards Lifesciences in the same industry?
Yes. Both are classified in the Industrial Specialties industry within the Consumer Discretionary sector.