Baxter International BAX
NYSE BAX
$24.41 -0.45 (-1.83%)
As of: Sep 9, 2026 · 3:59 PM EDT

Baxter International (BAX) EBITDA (2009 - 2026)

Baxter International's (BAX) quarterly EBITDA came in at $217.0 million in Q2 2026, up 13.61% year-over-year from $191.0 million in Q2 2025, and up 228.79% quarter-over-quarter from $66.0 million in Q1 2026.

Analysis

Baxter International (BAX) EBITDA (2009 - 2026) Analysis & Trends

Baxter International (BAX) has reported EBITDA for 18 consecutive years, with $217.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA rose 13.61% year-over-year to $217.0 million in Q2 2026; TTM through Jun 2026 was $532.0 million, a 50.83% decrease from a year earlier, with the FY2025 full-year figure at -$308.0 million, down 2300.0% from the prior year.
  • EBITDA was $217.0 million for Q2 2026 at Baxter International, up from $66.0 million in the prior quarter.
  • Over five years, EBITDA peaked at $646.0 million in Q4 2023 and troughed at -$2.9 billion in Q3 2022.
  • A 5-year average of -$103.0 million and a median of $129.0 million in 2023 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA slumped 1456.52% in 2022 and surged 307.05% in 2023, its largest moves.
  • Over 5 years, EBITDA stood at -$312.0 million in 2022, then surged by 307.05% to $646.0 million in 2023, then slumped by 71.05% to $187.0 million in 2024, then gained by 2.14% to $191.0 million in 2025, then rose by 13.61% to $217.0 million in 2026.
  • The last three EBITDA figures came in at $217.0 million (Q2 2026), $66.0 million (Q1 2026), and $191.0 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Becton Dickinson 49.48 Bn 48.62 Bn 2.32 Bn 663.00 Mn
2 Medline 29.24 Bn 26.56 Bn 2.22 Bn 395.00 Mn
3 West Pharmaceutical Services 23.94 Bn 23.51 Bn 329.20 Mn 179.10 Mn
4 Baxter International 12.66 Bn 10.51 Bn 1.03 Bn 217.00 Mn
5 Stevanato Group S.p.A 5.51 Bn 5.40 Bn 100.91 Mn 45.39 Mn
6 Acme United 233.67 Mn 228.63 Mn 26.69 Mn 6.83 Mn
7 Rockwell Medical 31.87 Mn 7.07 Mn 3.24 Mn -1.06 Mn
8 Retractable Technologies 21.39 Mn -18.48 Mn 190,852.00 -5.15 Mn
9 United Health Products 9.09 Mn 9.06 Mn - -166,850.00
10 Cuprina Holdings (Cayman) 7.45 Mn 4.33 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 217.00 Mn
Mar 31, 2026 66.00 Mn
Jun 30, 2025 191.00 Mn
Mar 31, 2025 58.00 Mn
Mar 31, 2024 187.00 Mn
Dec 31, 2023 646.00 Mn
Sep 30, 2023 -51.00 Mn
Jun 30, 2023 -17.00 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