Baxter International BAX
NYSE BAX
$24.81 -0.05 (-0.20%)
As of: Sep 9, 2026 · 9:54 AM EDT

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

Baxter International's (BAX) quarterly EV to FCF came in at 48.87 in Q2 2026, down 39.62% year-over-year from 80.93 in Q2 2025, and down 43.98% quarter-over-quarter from 87.23 in Q1 2026.

Analysis

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

Baxter International (BAX) has reported EV to FCF for 18 consecutive years, with 48.87 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF fell 39.62% year-over-year to 48.87 in Q2 2026; TTM through Jun 2026 was 10.54, a 74.78% decrease from a year earlier, with the FY2025 full-year figure at 17.89, down 22.44% from the prior year.
  • EV to FCF was 48.87 for Q2 2026 at Baxter International, down from 87.23 in the prior quarter.
  • Over five years, EV to FCF peaked at 787.63 in Q1 2022 and troughed at 48.4 in Q1 2025.
  • A 5-year average of 156.37 and a median of 79.94 in 2025 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF jumped 495.87% in 2024 and slumped 113.49% in 2025, its largest moves.
  • Over 5 years, EV to FCF stood at 78.79 in 2022, then tumbled by 51.95% to 37.86 in 2023, then fell by 1.95% to 37.12 in 2024, then sank by 53.71% to 17.18 in 2025, then surged by 184.43% to 48.87 in 2026.
  • The last three EV to FCF figures came in at 48.87 (Q2 2026), 87.23 (Q1 2026), and 17.18 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Becton Dickinson 49.84 Bn 48.98 Bn 2.32 Bn
2 Medline 29.28 Bn 26.61 Bn 2.22 Bn
3 West Pharmaceutical Services 24.04 Bn 23.61 Bn 329.20 Mn
4 Baxter International 12.83 Bn 10.68 Bn 1.03 Bn
5 Stevanato Group S.p.A 5.54 Bn 5.43 Bn 100.91 Mn
6 Acme United 234.28 Mn 229.24 Mn 26.69 Mn
7 Rockwell Medical 28.82 Mn 4.02 Mn 3.24 Mn
8 Retractable Technologies 20.96 Mn -18.91 Mn 190,852.00
9 United Health Products 9.59 Mn 9.56 Mn -
10 Cuprina Holdings (Cayman) 8.14 Mn 5.02 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 48.87
Mar 31, 2026 87.23
Dec 31, 2025 17.18
Sep 30, 2025 78.95
Jun 30, 2025 80.93
Mar 31, 2025 -48.40
Dec 31, 2024 37.12
Sep 30, 2024 151.57
Jun 30, 2024 345.70
Mar 31, 2024 358.78
Dec 31, 2023 37.86
Sep 30, 2023 38.23
Jun 30, 2023 113.89
Mar 31, 2023 60.21
Dec 31, 2022 78.79
Sep 30, 2022 198.41
Jun 30, 2022 341.73
Mar 31, 2022 787.63
Dec 31, 2021 112.47
Sep 30, 2021 85.69