Baxter International (BAX) EBITDA (2009 - 2026)
Baxter International (BAX) reported EBITDA of $66.0 million for Q1 2026, down 65.98% year-over-year from $194.0 million in Q1 2025, and up 300.0% on a QoQ basis from -$33.0 million in Q3 2025.
Baxter International (BAX) has 18 years of EBITDA data on file, last reported at $66.0 million in Q1 2026.
- Quarterly EBITDA fell 65.98% year-over-year to $66.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $514.0 million (down 51.23% YoY) and the FY2025 annual result came in at -$308.0 million, down 2300.0% from the prior year.
- EBITDA rose to $66.0 million in Q1 2026 per BAX's latest filing, from -$33.0 million in the prior quarter.
- Across five years, EBITDA topped out at $2.6 billion in Q3 2023 and bottomed at -$2.9 billion in Q3 2022.
- The 5-year median for EBITDA is $146.0 million (2022), against an average of $102.9 million.
- The widest annual swing landed in 2022, when EBITDA tumbled 1456.52%; it then jumped 307.05% in 2023.
- Tracing BAX's EBITDA over 5 years: stood at -$312.0 million in 2022, then jumped by 307.05% to $646.0 million in 2023, then soared by 48.45% to $959.0 million in 2024, then slumped by 103.44% to -$33.0 million in 2025, then jumped by 300.0% to $66.0 million in 2026.
- Per Business Quant, the three latest BAX EBITDA figures stand at $66.0 million (Q1 2026), -$33.0 million (Q3 2025), and $287.0 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 799.70 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 93.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 499.81 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 177.10 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 81.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 203.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 141.96 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 66.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 171.81 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | -3.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.00 Mn |
| Sep 30, 2025 | -33.00 Mn |
| Jun 30, 2025 | 287.00 Mn |
| Mar 31, 2025 | 194.00 Mn |
| Dec 31, 2024 | 959.00 Mn |
| Sep 30, 2024 | 321.00 Mn |
| Jun 30, 2024 | -420.00 Mn |
| Mar 31, 2024 | -131.00 Mn |
| Dec 31, 2023 | 646.00 Mn |
| Sep 30, 2023 | 2.61 Bn |
| Jun 30, 2023 | -216.00 Mn |
| Mar 31, 2023 | 129.00 Mn |
| Dec 31, 2022 | -312.00 Mn |
| Sep 30, 2022 | -2.88 Bn |
| Jun 30, 2022 | 264.00 Mn |
| Mar 31, 2022 | 163.00 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 513.00 Mn |
| Jun 30, 2021 | 424.00 Mn |
| Mar 31, 2021 | 390.00 Mn |
| Dec 31, 2020 | 406.00 Mn |
| Sep 30, 2020 | 470.00 Mn |
| Jun 30, 2020 | 331.00 Mn |
| Mar 31, 2020 | 409.00 Mn |
| Dec 31, 2019 | 536.00 Mn |
| Sep 30, 2019 | 503.00 Mn |
| Jun 30, 2019 | 350.00 Mn |
| Mar 31, 2019 | 383.00 Mn |
| Dec 31, 2018 | 391.00 Mn |
| Sep 30, 2018 | 382.00 Mn |
| Jun 30, 2018 | 377.00 Mn |
| Mar 31, 2018 | 434.00 Mn |
| Dec 31, 2017 | 288.00 Mn |
| Sep 30, 2017 | 300.00 Mn |
| Jun 30, 2017 | 347.00 Mn |
| Mar 31, 2017 | 353.00 Mn |
| Dec 31, 2016 | 1.29 Bn |
| Sep 30, 2016 | 186.00 Mn |
| Jun 30, 2016 | 68.00 Mn |
| Mar 31, 2016 | 188.00 Mn |
| Dec 31, 2015 | 178.00 Mn |
| Sep 30, 2015 | 92.00 Mn |
| Jun 30, 2015 | 87.00 Mn |
| Mar 31, 2015 | 92.00 Mn |
| Dec 31, 2014 | 191.00 Mn |
| Sep 30, 2014 | 217.00 Mn |
| Jun 30, 2014 | 65.00 Mn |
| Mar 31, 2014 | -131.00 Mn |
| Dec 31, 2013 | 1.46 Bn |
| Sep 30, 2013 | 846.00 Mn |
| Jun 30, 2013 | 763.00 Mn |
| Mar 31, 2013 | 851.00 Mn |
| Dec 31, 2012 | 690.00 Mn |
| Sep 30, 2012 | 1.02 Bn |
| Jun 30, 2012 | 373.00 Mn |
| Mar 31, 2012 | 730.00 Mn |
| Dec 31, 2011 | 625.00 Mn |
| Sep 30, 2011 | 745.00 Mn |
| Jun 30, 2011 | 718.00 Mn |
| Mar 31, 2011 | 842.00 Mn |
| Dec 31, 2010 | 755.00 Mn |
| Sep 30, 2010 | 782.00 Mn |
| Jun 30, 2010 | 698.00 Mn |
| Mar 31, 2010 | 133.00 Mn |
| Dec 31, 2009 | 733.00 Mn |
| Sep 30, 2009 | 732.00 Mn |
| Jun 30, 2009 | 747.00 Mn |
| Mar 31, 2009 | 665.00 Mn |