Baxter International (BAX) Goodwill (2009 - 2026)
Baxter International (BAX) reported Goodwill of $4.87 billion for Q3 2026, down 9.8% from $5.4 billion a year earlier and down 0.3% from the prior quarter.
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Analysis
Baxter International (BAX) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Goodwill of $4.93 billion, down 6.6% from FY2024.
- Goodwill has declined for four consecutive years, though with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- By year, Goodwill came in at $5.28 billion in FY2024 (-8.9%), $5.79 billion in FY2023 (-10.2%), $6.45 billion in FY2022 (-34.4%) and $9.84 billion in FY2021 (+205.8%).
- The Q3 2026 figure ranks as the lowest quarterly Goodwill since Q3 2021.
- Year over year, Goodwill has now declined in each of the last 16 quarters, with an average decline of 9.6% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q1 2022 (growth of 215.5%); the low point was Q4 2022 (a decline of 34.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $4.89 billion (Q2 2026), $4.9 billion (Q1 2026) and $4.93 billion (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 | 4.87 Bn |
| Jun 30, 2026 | 4.89 Bn |
| Mar 31, 2026 | 4.90 Bn |
| Dec 31, 2025 | 4.93 Bn |
| Sep 30, 2025 | 5.40 Bn |
| Jun 30, 2025 | 5.40 Bn |
| Mar 31, 2025 | 5.34 Bn |
| Dec 31, 2024 | 5.28 Bn |
| Sep 30, 2024 | 5.78 Bn |
| Jun 30, 2024 | 6.00 Bn |
| Mar 31, 2024 | 6.43 Bn |
| Dec 31, 2023 | 5.79 Bn |
| Sep 30, 2023 | 6.41 Bn |
| Jun 30, 2023 | 6.42 Bn |
| Mar 31, 2023 | 6.87 Bn |
| Dec 31, 2022 | 6.45 Bn |
| Sep 30, 2022 | 6.64 Bn |
| Jun 30, 2022 | 9.64 Bn |
| Mar 31, 2022 | 9.82 Bn |
| Dec 31, 2021 | 9.84 Bn |
API Access
Baxter International Goodwill 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=goodwill&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();