Baxter International (BAX) Common Equity (2009 - 2026)
Baxter International (BAX) reported Common Equity of $6.5 billion for Q3 2026, down 9.9% from $7.21 billion a year earlier but up 5.2% from the prior quarter.
Baxter International (BAX) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Common Equity of $6.13 billion, down 12.7% from FY2024.
- Common Equity has a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- By year, Common Equity came in at $7.02 billion in FY2024 (-17.1%), $8.47 billion in FY2023 (+43.6%), $5.9 billion in FY2022 (-35.4%) and $9.12 billion in FY2021 (+4.5%).
- Five-year quarterly Common Equity spans a low of $5.58 billion in Q3 2022 and a high of $9.12 billion in Q4 2021.
- Year over year, Common Equity has now declined in each of the last nine quarters, with an average decline of 12.3% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q3 2023 (growth of 46.4%); the low point was Q2 2023 (a decline of 36.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.18 billion (Q2 2026), $6.02 billion (Q1 2026) and $6.13 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 54.77 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 51.62 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 53.63 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 16.12 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 50.85 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 23.46 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 25.87 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 10.96 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 19.39 Bn |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 6.50 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.50 Bn |
| Jun 30, 2026 | 6.18 Bn |
| Mar 31, 2026 | 6.02 Bn |
| Dec 31, 2025 | 6.13 Bn |
| Sep 30, 2025 | 7.21 Bn |
| Jun 30, 2025 | 7.29 Bn |
| Mar 31, 2025 | 7.05 Bn |
| Dec 31, 2024 | 7.02 Bn |
| Sep 30, 2024 | 7.94 Bn |
| Jun 30, 2024 | 7.71 Bn |
| Mar 31, 2024 | 8.24 Bn |
| Dec 31, 2023 | 8.47 Bn |
| Sep 30, 2023 | 8.17 Bn |
| Jun 30, 2023 | 5.63 Bn |
| Mar 31, 2023 | 5.94 Bn |
| Dec 31, 2022 | 5.90 Bn |
| Sep 30, 2022 | 5.58 Bn |
| Jun 30, 2022 | 8.90 Bn |
| Mar 31, 2022 | 9.12 Bn |
| Dec 31, 2021 | 9.12 Bn |
Baxter International Common Equity 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=common-equity&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();