Baxter International (BAX) Market Capitalization (2009 - 2026)
Baxter International's Market Capitalization came in at $12.42 billion for Q3 2026, up 6.1% from $11.71 billion a year earlier and up 12.7% from the prior quarter.
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Analysis
Baxter International (BAX) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Baxter International's Market Capitalization was $9.83 billion, down 34.1% from FY2024.
- Market Capitalization has declined in each of the last four years, with a five-year compound annual growth rate of -24.7% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $14.92 billion in FY2024 (-24.0%), $19.63 billion in FY2023 (-23.7%), $25.72 billion in FY2022 (-40.3%) and $43.12 billion in FY2021 (+6.4%).
- The Q3 2026 figure represents the highest quarterly Market Capitalization since Q2 2025.
- Year-over-year, Market Capitalization increased in 1 of the last eight quarters, with an average decline of 24.9%.
- The fastest year-over-year change in Market Capitalization over five years came in Q4 2021 (growth of 6.4%), and the weakest in Q1 2026 (a decline of 50.6%).
- Business Quant data shows BAX's Market Capitalization at $11.02 billion (Q2 2026), $8.68 billion (Q1 2026) and $9.83 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 | 12.42 Bn |
| Jun 30, 2026 | 11.02 Bn |
| Mar 31, 2026 | 8.68 Bn |
| Dec 31, 2025 | 9.83 Bn |
| Sep 30, 2025 | 11.71 Bn |
| Jun 30, 2025 | 15.55 Bn |
| Mar 31, 2025 | 17.57 Bn |
| Dec 31, 2024 | 14.92 Bn |
| Sep 30, 2024 | 19.39 Bn |
| Jun 30, 2024 | 17.07 Bn |
| Mar 31, 2024 | 21.78 Bn |
| Dec 31, 2023 | 19.63 Bn |
| Sep 30, 2023 | 19.15 Bn |
| Jun 30, 2023 | 23.07 Bn |
| Mar 31, 2023 | 20.52 Bn |
| Dec 31, 2022 | 25.72 Bn |
| Sep 30, 2022 | 27.15 Bn |
| Jun 30, 2022 | 32.35 Bn |
| Mar 31, 2022 | 39.04 Bn |
| Dec 31, 2021 | 43.12 Bn |
API Access
Baxter International Market Capitalization 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=market-capitalization&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();