Baxter International (BAX) Shares Outstanding (2009 - 2026)
Baxter International (BAX) recorded Shares Outstanding of 517 million in Q2 2026, up 0.8% from 513 million a year earlier and up 0.4% from the prior quarter.
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Analysis
Baxter International (BAX) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Baxter International reported Shares Outstanding of 513 million, up 0.6% from FY2024.
- Annual Shares Outstanding has increased for four straight years, with a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 510 million in FY2024 (+0.8%), 506 million in FY2023 (+0.4%), 504 million in FY2022 (+0.4%) and 502 million in FY2021 (-1.4%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding since Q4 2018.
- On a year-over-year basis, Shares Outstanding has increased for 17 consecutive quarters, with growth averaging 0.7% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 0.8% in Q3 2022, against a decline of 2.2% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 515 million (Q1 2026), 513 million (Q4 2025) and 514 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 371.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 1.74 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 705.30 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 354.10 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.28 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 383.50 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 576.40 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 274.79 Mn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 517.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 517.00 Mn |
| Mar 31, 2026 | 515.00 Mn |
| Dec 31, 2025 | 513.00 Mn |
| Sep 30, 2025 | 514.00 Mn |
| Jun 30, 2025 | 513.00 Mn |
| Mar 31, 2025 | 512.00 Mn |
| Dec 31, 2024 | 510.00 Mn |
| Sep 30, 2024 | 510.00 Mn |
| Jun 30, 2024 | 510.00 Mn |
| Mar 31, 2024 | 508.00 Mn |
| Dec 31, 2023 | 506.00 Mn |
| Sep 30, 2023 | 507.00 Mn |
| Jun 30, 2023 | 506.00 Mn |
| Mar 31, 2023 | 505.00 Mn |
| Dec 31, 2022 | 504.00 Mn |
| Sep 30, 2022 | 504.00 Mn |
| Jun 30, 2022 | 504.00 Mn |
| Mar 31, 2022 | 503.00 Mn |
| Dec 31, 2021 | 502.00 Mn |
| Sep 30, 2021 | 500.00 Mn |
API Access
Baxter International Shares Outstanding 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=shares-outstanding&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();