Baxter International (BAX) EV to FCF (2009 - 2026)
Baxter International's (BAX) EV to FCF stood at 8.97 in Q3 2026, down 69.5% from 29.44 a year earlier and down 14.9% from the prior quarter.
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Analysis
Baxter International (BAX) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Baxter International's EV to FCF came in at 3.68 as of Sep 30, 2026, down 70.4% year-over-year; for FY2025, it was 17.89, down 22.4% from FY2024.
- Across earlier years, EV to FCF came in at 23.06 in FY2024 (+79.6%), 12.84 in FY2023 (-72.8%), 47.24 in FY2022 (+26.1%) and 37.46 in FY2021 (+2.1%).
- Quarterly EV to FCF has ranged from 8.00 in Q1 2026 to 74.37 in Q1 2025 over the past five years.
- On a year-over-year basis, EV to FCF has declined for four consecutive quarters, with growth averaging 34.2% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 304.0% in Q1 2025, against a decline of 89.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.54 (Q2 2026), 8.00 (Q1 2026) and 17.89 (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 | 8.97 |
| Jun 30, 2026 | 10.54 |
| Mar 31, 2026 | 8.00 |
| Dec 31, 2025 | 17.89 |
| Sep 30, 2025 | 29.44 |
| Jun 30, 2025 | 41.81 |
| Mar 31, 2025 | 170.56 |
| Dec 31, 2024 | 28.89 |
| Sep 30, 2024 | 33.38 |
| Jun 30, 2024 | 20.09 |
| Mar 31, 2024 | 27.90 |
| Dec 31, 2023 | 17.63 |
| Sep 30, 2023 | 13.45 |
| Jun 30, 2023 | 27.46 |
| Mar 31, 2023 | 17.51 |
| Dec 31, 2022 | 47.24 |
| Sep 30, 2022 | 30.33 |
| Jun 30, 2022 | 38.66 |
| Mar 31, 2022 | 38.45 |
| Dec 31, 2021 | 37.46 |
API Access
Baxter International EV to FCF 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-fcf&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();