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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |