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Friday 6 November 2026 Export BAX’s income statement to Excel — free account

Baxter International Inc.

BAX Healthcare Medical Instruments & Supplies

Baxter International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 5.72% from fiscal 2024.

Revenue
+4.97%
EPS
+731.9%
Free cash flow
+255.6%
Total debt
−9.48%

Quarter to September 2026, against a year earlier

25.57 0.93 −3.51%
Market cap
$13.3B
P/E
0.0×
Fwd P/E
21.3×
Dividend yield
0.16%
F-score
4/9
Altman Z
2.12
Beneish M
−2.67
Dividend safety
0/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Baxter International Inc. (BAX) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Baxter International Inc. (BAX) trades at a EV/FCF of 17.5×. Over the past ten years it has ranged from 10.8× (September 2015) to 123× (March 2025); the current reading is higher than 9% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 52.1× 13.90%
FY2024 45.8× 95.29%
FY2023 23.4× (51.89%)
FY2022 48.7× 29.08%
FY2021 37.8× 1.04%
FY2020 37.4× 18.01%
FY2019 31.7× 16.85%
FY2018 27.1× (18.70%)
FY2017 33.3× 28.52%
FY2016 25.9× 11.42%

Quarterly newest first

Period EV/FCF Change
Sep 2026 16.7× (25.57%)
Jun 2026 22.5× 1.02%
Mar 2026 22.3× (57.30%)
Dec 2025 52.1× (34.68%)
43 more quarters

Against its own ten years

Low 10.8× High 123×
Ten-year median 32.6×
Current reading's percentile 1

EV/FCF against peers

Company EV/FCF
SOLV Solventum Corporation compare 0.0×
ALGN Align Technology, Inc. compare 15.1×
BAX Baxter International Inc. 17.5×
COO The Cooper Companies, Inc. compare 21.6×
AVTR Avantor, Inc. compare 30.7×
ATR AptarGroup, Inc. compare 34.9×
BLCO Bausch + Lomb Corporation compare 51.6×
WST West Pharmaceutical Services, Inc. compare 61.0×
RGEN Repligen Corporation compare 166×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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