Baxter International (BAX) EV to EBITDA (2009 - 2026)
Baxter International's (BAX) EV to EBITDA stood at 14.19 in Q3 2026, up 131.0% from 6.14 a year earlier and up 8.9% from the prior quarter.
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Analysis
Baxter International (BAX) EV to EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Baxter International's EV to EBITDA came in at 5.82 as of Sep 30, 2026, up 124.2% year-over-year; for FY2025, it was 11.64, down 10.9% from FY2024.
- Across earlier years, EV to EBITDA came in at 13.07 in FY2024 (+33.0%), 9.83 in FY2023 and 25.87 in FY2021 (+48.0%).
- The Q3 2026 figure is the highest quarterly EV to EBITDA since Q3 2023.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with growth averaging 55.4% over the last four quarters.
- Per Business Quant, the preceding three quarters came in at 13.03 (Q2 2026), 9.88 (Q1 2026) and 11.64 (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 | 14.19 |
| Jun 30, 2026 | 13.03 |
| Mar 31, 2026 | 9.88 |
| Dec 31, 2025 | 11.64 |
| Sep 30, 2025 | 10.24 |
| Jun 30, 2025 | 14.24 |
| Mar 31, 2025 | 16.39 |
| Dec 31, 2024 | 12.20 |
| Sep 30, 2024 | 8.26 |
| Jun 30, 2024 | 8.57 |
| Mar 31, 2024 | 11.14 |
| Dec 31, 2023 | 9.83 |
| Sep 30, 2023 | 27.71 |
| Jun 30, 2022 | 22.15 |
| Mar 31, 2022 | 24.88 |
| Dec 31, 2021 | 25.87 |
| Sep 30, 2021 | 16.40 |
| Jun 30, 2021 | 16.80 |
| Mar 31, 2021 | 18.44 |
| Dec 31, 2020 | 17.48 |
API Access
Baxter International EV to EBITDA 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-ebitda&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();