Baxter International (BAX) EBITDA Margin (2009 - 2026)
Baxter International's EBITDA Margin came in at 15.41% for Q2 2026, down 0.54 percentage points from 15.94% a year earlier but up 4.19 percentage points from the prior quarter.
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Analysis
Baxter International (BAX) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Baxter International reported EBITDA Margin of 13.63%, down 5.86 percentage points year-over-year; for FY2025, it came in at 5.99%, down 3.52 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -14.91 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 9.51% in FY2024 (-6.82 pp), 16.32% in FY2023 (+33.95 pp), -17.63% in FY2022 (-35.88 pp) and 18.25% in FY2021 (-2.64 pp).
- The five-year range for quarterly EBITDA Margin is -70.63% (Q3 2022) to 33.35% (Q4 2023).
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2023 (a gain of 72.21 percentage points), and the weakest in Q3 2022 (a drop of 92.92 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 24.20% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 21.86% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 28.51% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 41.08% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 25.55% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 29.67% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 28.17% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 31.93% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 24.62% |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 15.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.41% |
| Mar 31, 2026 | 11.22% |
| Jun 30, 2025 | 15.94% |
| Mar 31, 2025 | 11.62% |
| Mar 31, 2024 | 18.39% |
| Dec 31, 2023 | 33.35% |
| Sep 30, 2023 | 1.58% |
| Jun 30, 2023 | 11.50% |
| Mar 31, 2023 | 18.11% |
| Dec 31, 2022 | -7.85% |
| Sep 30, 2022 | -70.63% |
| Jun 30, 2022 | 16.89% |
| Mar 31, 2022 | 15.26% |
| Dec 31, 2021 | 8.52% |
| Sep 30, 2021 | 22.29% |
| Jun 30, 2021 | 20.85% |
| Mar 31, 2021 | 20.60% |
| Dec 31, 2020 | 19.46% |
| Sep 30, 2020 | 22.85% |
| Jun 30, 2020 | 19.61% |
API Access
Baxter International EBITDA Margin 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-margin&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();