Baxter International (BAX) EV to CFO (2009 - 2026)
Baxter International's (BAX) EV to CFO was 6.26 for Q3 2026, down 47.0% from 11.81 a year earlier and down 5.0% from the prior quarter.
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Analysis
Baxter International (BAX) EV to CFO (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Baxter International's EV to CFO came in at 2.57, down 48.5% year-over-year; for FY2025, it was 8.24, down 36.5% from FY2024.
- By year, EV to CFO came in at 12.97 in FY2024 (+34.7%), 9.63 in FY2023 (-70.4%), 32.53 in FY2022 (+26.0%) and 25.81 in FY2021 (+13.3%).
- Five-year quarterly EV to CFO spans a low of 4.89 in Q1 2026 and a high of 32.53 in Q4 2022.
- Year over year, EV to CFO has now declined in each of the last five quarters, with an average decline of 15.6% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q3 2024 (growth of 105.6%); the low point was Q1 2026 (a decline of 78.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.59 (Q2 2026), 4.89 (Q1 2026) and 8.24 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.26 |
| Jun 30, 2026 | 6.59 |
| Mar 31, 2026 | 4.89 |
| Dec 31, 2025 | 8.24 |
| Sep 30, 2025 | 11.81 |
| Jun 30, 2025 | 16.11 |
| Mar 31, 2025 | 27.85 |
| Dec 31, 2024 | 14.63 |
| Sep 30, 2024 | 19.06 |
| Jun 30, 2024 | 14.70 |
| Mar 31, 2024 | 17.96 |
| Dec 31, 2023 | 12.09 |
| Sep 30, 2023 | 10.52 |
| Jun 30, 2023 | 17.73 |
| Mar 31, 2023 | 12.76 |
| Dec 31, 2022 | 32.53 |
| Sep 30, 2022 | 17.47 |
| Jun 30, 2022 | 25.31 |
| Mar 31, 2022 | 26.09 |
| Dec 31, 2021 | 25.81 |
API Access
Baxter International EV to CFO 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=ev-to-cfo&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();