Baxter International Inc. BAX

23.37 (0.11) (0.47%) as of 25 Sep
Market cap
$12.2B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 10.2× High 45.0×
Ten-year median 17.7×
Current reading's percentile 9

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)

The full definition of EV/EBITDA →

More on BAX