Baxter International Inc. BAX
- Market cap
- $12.2B
- P/E
- 0.0×
Follow BAX
Baxter International Inc. (BAX) EV/EBITDA
As of 25 September 2026, Baxter International Inc. (BAX) trades at a EV/EBITDA of 13.3×. Over the past ten years it has ranged from 10.2× (March 2015) to 45.0× (December 2023); the current reading is higher than 9% of that period. That is below the Medical Instruments & Supplies industry median of 16.1× and above the Healthcare sector median of 10.4×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 12.0× | (32.27%) |
| FY2024 | 17.7× | (1.59%) |
| FY2023 | 17.9× | (38.95%) |
| FY2022 | 29.4× | 12.72% |
| FY2021 | 26.1× | 47.87% |
| FY2020 | 17.6× | 2.52% |
| FY2019 | 17.2× | 10.07% |
| FY2018 | 15.6× | (12.98%) |
| FY2017 | 18.0× | 14.41% |
| FY2016 | 15.7× | (5.28%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 12.6× | 13.25% |
| Mar 2026 | 11.1× | (6.89%) |
| Dec 2025 | 12.0× | (11.18%) |
| Sep 2025 | 13.5× | (16.57%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| SOLV Solventum Corporation compare | 7.9× |
| ATR AptarGroup, Inc. compare | 11.5× |
| ALGN Align Technology, Inc. compare | 11.7× |
| BAX Baxter International Inc. | 13.3× |
| COO The Cooper Companies, Inc. compare | 14.1× |
| BLCO Bausch + Lomb Corporation compare | 14.4× |
| STVN Stevanato Group S.p.A. compare | 18.1× |
| RGEN Repligen Corporation compare | 65.3× |
| AVTR Avantor, Inc. compare | 110× |
| Medical Instruments & Supplies industry median | 16.1× |
| Healthcare sector median | 10.4× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on BAX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement