Baxter International (BAX) Enterprise Value (2009 - 2026)
Baxter International (BAX) posted quarterly Enterprise Value of -$2.2 billion for Q2 2026, down 27.09% year-over-year from -$3.0 billion in Q2 2025, and down 6.35% quarter-over-quarter from -$2.0 billion in Q1 2026.
Baxter International (BAX) Enterprise Value (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Enterprise Value for 18 consecutive years, with -$2.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Enterprise Value fell 27.09% year-over-year to -$2.2 billion; the TTM figure through Jun 2026 stood at -$2.2 billion (down 27.09% YoY), while the FY2025 annual figure was -$2.0 billion, down 17.19% from the prior year.
- Enterprise Value slipped to -$2.2 billion in Q2 2026 per BAX's latest filing, from -$2.0 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $14.5 billion in Q1 2022 and bottomed at -$5.7 billion in Q3 2023.
- Historically, Enterprise Value has averaged $546.0 million across 5 years, with a median of -$1.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 472.13% — and 2023, when it slumped 262.94%.
- Baxter International's Enterprise Value stood at $13.7 billion in 2022, then sank by 122.03% to -$3.0 billion in 2023, then jumped by 43.43% to -$1.7 billion in 2024, then dropped by 17.19% to -$2.0 billion in 2025, then decreased by 9.01% to -$2.2 billion in 2026.
- Business Quant data shows BAX's Enterprise Value at -$2.2 billion in Q2 2026, -$2.0 billion in Q1 2026, and -$2.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | -5.09 Bn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | -863.00 Mn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | -1.36 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | -1.47 Bn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 4.83 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | -435.80 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | -403.00 Mn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -138.60 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | -2.18 Bn |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | -1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.18 Bn |
| Mar 31, 2026 | -2.04 Bn |
| Dec 31, 2025 | -2.00 Bn |
| Sep 30, 2025 | -1.75 Bn |
| Jun 30, 2025 | -1.72 Bn |
| Mar 31, 2025 | -2.32 Bn |
| Dec 31, 2024 | -1.70 Bn |
| Sep 30, 2024 | -1.35 Bn |
| Jun 30, 2024 | -1.51 Bn |
| Mar 31, 2024 | -2.76 Bn |
| Dec 31, 2023 | -3.01 Bn |
| Sep 30, 2023 | -5.65 Bn |
| Jun 30, 2023 | -1.66 Bn |
| Mar 31, 2023 | -1.61 Bn |
| Dec 31, 2022 | 13.67 Bn |
| Sep 30, 2022 | -1.56 Bn |
| Jun 30, 2022 | 14.47 Bn |
| Mar 31, 2022 | 14.52 Bn |
| Dec 31, 2021 | 14.24 Bn |
| Sep 30, 2021 | 2.23 Bn |