Baxter International BAX
NYSE BAX
$24.88 +0.01 (+0.06%)
As of: Sep 9, 2026 · 11:24 AM EDT

Baxter International (BAX) EV to EBITDA (2009 - 2026)

Baxter International's (BAX) quarterly EV to EBITDA came in at 40.76 in Q2 2026, down 43.74% year-over-year from 72.46 in Q2 2025, and down 59.42% quarter-over-quarter from 100.45 in Q1 2026.

Analysis

Baxter International (BAX) EV to EBITDA (2009 - 2026) Analysis & Trends

Baxter International (BAX) has reported EV to EBITDA for 18 consecutive years, with 40.76 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 43.74% year-over-year to 40.76 in Q2 2026; TTM through Jun 2026 was 16.63, a 29.99% increase from a year earlier, with the FY2025 full-year figure at 25.44, down 102.69% from the prior year.
  • EV to EBITDA was 40.76 for Q2 2026 at Baxter International, down from 100.45 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 328.58 in Q1 2022 and troughed at 1259.52 in Q2 2023.
  • A 5-year average of 30.99 and a median of 72.46 in 2025 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA surged 185.1% in 2022 and slumped 2877.51% in 2023, its largest moves.
  • Over 5 years, EV to EBITDA stood at 126.27 in 2022, then jumped by 120.38% to 25.73 in 2023, then soared by 295.23% to 101.69 in 2024, then decreased by 28.74% to 72.46 in 2025, then tumbled by 43.74% to 40.76 in 2026.
  • The last three EV to EBITDA figures came in at 40.76 (Q2 2026), 100.45 (Q1 2026), and 72.46 (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Becton Dickinson 49.43 Bn 48.56 Bn 2.32 Bn
2 Medline 29.49 Bn 26.81 Bn 2.22 Bn
3 West Pharmaceutical Services 23.95 Bn 23.51 Bn 329.20 Mn
4 Baxter International 12.85 Bn 10.70 Bn 1.03 Bn
5 Stevanato Group S.p.A 5.58 Bn 5.47 Bn 100.91 Mn
6 Acme United 232.75 Mn 227.71 Mn 26.69 Mn
7 Rockwell Medical 32.38 Mn 7.58 Mn 3.24 Mn
8 Retractable Technologies 20.96 Mn -18.91 Mn 190,852.00
9 United Health Products 9.09 Mn 9.06 Mn -
10 Cuprina Holdings (Cayman) 7.55 Mn 4.43 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.76
Mar 31, 2026 100.45
Jun 30, 2025 72.46
Mar 31, 2025 262.84
Mar 31, 2024 101.69
Dec 31, 2023 25.73
Sep 30, 2023 -264.62
Jun 30, 2023 -1,259.52
Mar 31, 2023 146.56
Dec 31, 2022 -126.27
Sep 30, 2022 -8.89
Jun 30, 2022 177.34
Mar 31, 2022 328.58
Dec 31, 2021 2,493.86
Sep 30, 2021 82.85
Jun 30, 2021 101.08
Mar 31, 2021 115.25
Dec 31, 2020 104.98
Sep 30, 2020 90.46
Jun 30, 2020 137.73