Baxter International (BAX) Goodwill & Intangibles (2009 - 2026)
Baxter International's Goodwill & Intangibles came in at $8.8 billion for Q3 2026, down 13.8% from $10.21 billion a year earlier and down 1.8% from the prior quarter.
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Analysis
Baxter International (BAX) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International's Goodwill & Intangibles was $9.3 billion, down 11.4% from FY2024.
- Goodwill & Intangibles has declined in each of the last four years, though with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $10.5 billion in FY2024 (-10.4%), $11.71 billion in FY2023 (-11.6%), $13.25 billion in FY2022 (-24.9%) and $17.63 billion in FY2021 (+260.6%).
- The Q3 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q3 2021.
- Year-over-year, Goodwill & Intangibles has declined for 16 consecutive quarters, with an average decline of 12.3% over the last eight quarters.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q4 2021 (growth of 260.6%), and the weakest in Q4 2022 (a decline of 24.9%).
- Business Quant data shows BAX's Goodwill & Intangibles at $8.96 billion (Q2 2026), $9.12 billion (Q1 2026) and $9.3 billion (Q4 2025) in the three quarters before Q3 2026.
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 | 8.80 Bn |
| Jun 30, 2026 | 8.96 Bn |
| Mar 31, 2026 | 9.12 Bn |
| Dec 31, 2025 | 9.30 Bn |
| Sep 30, 2025 | 10.21 Bn |
| Jun 30, 2025 | 10.35 Bn |
| Mar 31, 2025 | 10.42 Bn |
| Dec 31, 2024 | 10.50 Bn |
| Sep 30, 2024 | 11.23 Bn |
| Jun 30, 2024 | 11.74 Bn |
| Mar 31, 2024 | 12.34 Bn |
| Dec 31, 2023 | 11.71 Bn |
| Sep 30, 2023 | 12.64 Bn |
| Jun 30, 2023 | 12.89 Bn |
| Mar 31, 2023 | 13.51 Bn |
| Dec 31, 2022 | 13.25 Bn |
| Sep 30, 2022 | 13.57 Bn |
| Jun 30, 2022 | 17.10 Bn |
| Mar 31, 2022 | 17.51 Bn |
| Dec 31, 2021 | 17.63 Bn |
API Access
Baxter International Goodwill & Intangibles 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-and-intangibles&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();