Baxter International (BAX) EBITDA (2009 - 2026)
Baxter International's EBITDA came in at $456 million for Q2 2026, up 1.8% from $448 million a year earlier and up 50.5% from the prior quarter.
Baxter International (BAX) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Baxter International reported EBITDA of $1.51 billion, down 28.7% year-over-year; for FY2025, it came in at $673 million, down 33.4% from FY2024.
- EBITDA carries a five-year compound annual growth rate of -22.7% (FY2020 to FY2025).
- Going back by year, EBITDA was $1.01 billion in FY2024 (-40.2%), $1.69 billion in FY2023, -$1.77 billion in FY2022 and $2.22 billion in FY2021 (-9.1%).
- The Q2 2026 figure represents the highest quarterly EBITDA since Q1 2024.
- The fastest year-over-year change in EBITDA over five years came in Q3 2021 (growth of 5.9%), and the weakest in Q4 2021 (a decline of 60.4%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 2.90 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 2.75 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 1.79 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 1.19 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 2.49 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 1.96 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.53 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 555.90 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 1.23 Bn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 456.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 456.00 Mn |
| Mar 31, 2026 | 303.00 Mn |
| Jun 30, 2025 | 448.00 Mn |
| Mar 31, 2025 | 305.00 Mn |
| Mar 31, 2024 | 458.00 Mn |
| Dec 31, 2023 | 910.00 Mn |
| Sep 30, 2023 | 41.00 Mn |
| Jun 30, 2023 | 298.00 Mn |
| Mar 31, 2023 | 442.00 Mn |
| Dec 31, 2022 | -294.00 Mn |
| Sep 30, 2022 | -2.55 Bn |
| Jun 30, 2022 | 607.00 Mn |
| Mar 31, 2022 | 543.00 Mn |
| Dec 31, 2021 | 245.00 Mn |
| Sep 30, 2021 | 719.00 Mn |
| Jun 30, 2021 | 646.00 Mn |
| Mar 31, 2021 | 607.00 Mn |
| Dec 31, 2020 | 619.00 Mn |
| Sep 30, 2020 | 679.00 Mn |
| Jun 30, 2020 | 533.00 Mn |
Baxter International EBITDA 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=ebitda&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();