Baxter International (BAX) Common Equity (2009 - 2026)
Baxter International (BAX) reported Common Equity of $6.21 billion for Q2 2026, down 14.9% from $7.29 billion a year earlier but up 3.2% from the prior quarter.
Baxter International (BAX) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Common Equity of $6.13 billion, down 12.7% from FY2024.
- Common Equity has a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- By year, Common Equity came in at $7.02 billion in FY2024 (-17.1%), $8.47 billion in FY2023 (+43.6%), $5.9 billion in FY2022 (-35.4%) and $9.12 billion in FY2021 (+4.5%).
- Five-year quarterly Common Equity spans a low of $5.58 billion in Q3 2022 and a high of $9.12 billion in Q4 2021.
- Year over year, Common Equity has now declined in each of the last eight quarters, with an average decline of 11.3% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q3 2023 (growth of 46.4%); the low point was Q2 2023 (a decline of 36.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.02 billion (Q1 2026), $6.13 billion (Q4 2025) and $7.24 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 52.69 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 51.76 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 52.59 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 18.30 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 50.85 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 23.99 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 25.17 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 10.72 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 24.42 Bn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 6.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.21 Bn |
| Mar 31, 2026 | 6.02 Bn |
| Dec 31, 2025 | 6.13 Bn |
| Sep 30, 2025 | 7.24 Bn |
| Jun 30, 2025 | 7.29 Bn |
| Mar 31, 2025 | 7.05 Bn |
| Dec 31, 2024 | 7.02 Bn |
| Sep 30, 2024 | 7.94 Bn |
| Jun 30, 2024 | 7.71 Bn |
| Mar 31, 2024 | 8.24 Bn |
| Dec 31, 2023 | 8.47 Bn |
| Sep 30, 2023 | 8.17 Bn |
| Jun 30, 2023 | 5.63 Bn |
| Mar 31, 2023 | 5.94 Bn |
| Dec 31, 2022 | 5.90 Bn |
| Sep 30, 2022 | 5.58 Bn |
| Jun 30, 2022 | 8.90 Bn |
| Mar 31, 2022 | 9.12 Bn |
| Dec 31, 2021 | 9.12 Bn |
| Sep 30, 2021 | 8.82 Bn |
Baxter International Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();