Growth Metrics

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

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DateValue
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