Until now the hole expansion ratio has been generally regarded as a relative “local formability” parameter with limited application to edge-cracking analysis and prediction. In this study a constrained statistical hole expansion test data analysis methodology is introduced, where the lower-bound hole expansion ratio is the basis for three practical edge-cracking failure criteria. The Maximum Edge Stretch Criterion is directly compatible with CAE simulation. The Edge Thinning Limit Criterion and the Critical Thickness Criterion are more useful in field work and post mortem laboratory failure analysis. Several case studies are described, where hole expansion test data are used to analyze edge cracking of Advanced High Strength Steels in real-world applications.