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%

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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 Segments Valuation Filings

Baxter International Inc. (BAX) P/E ratio

Alert me on P/E ratio

Baxter International Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 190× (September 2024) — the current reading is the lowest in ten years.

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<iframe src="https://stockrow.com/embed/BAX/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Baxter International Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/BAX/metrics/pe-ratio">Baxter International Inc. (BAX) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	0.0×	—
FY2024	0.0×	—
FY2023	7.4×	—
FY2022	0.0×	—
FY2021	33.5×	(9.74%)
FY2020	37.1×	(10.26%)
FY2019	41.4×	91.19%
FY2018	21.7×	(57.45%)
FY2017	50.9×	937.42%
FY2016	4.9×	(77.22%)

Period	P/E ratio	Change
Sep 2026	0.0×	—
Jun 2026	0.0×	—
Mar 2026	0.0×	—
Dec 2025	0.0×	—
43 more quarters	Free account

Against its own ten years

Low 0.0× High 190×

Ten-year median 16.4×

Current reading's percentile 24

Company	P/E ratio
RGEN Repligen Corporation compare	n/m
BAX Baxter International Inc.	n/m
BLCO Bausch + Lomb Corporation compare	n/m
COO The Cooper Companies, Inc. compare	21.7×
ALGN Align Technology, Inc. compare	23.1×
AVTR Avantor, Inc. compare	30.3×
ATR AptarGroup, Inc. compare	34.6×
WST West Pharmaceutical Services, Inc. compare	43.8×
SOLV Solventum Corporation compare	97.3×
Medical Instruments & Supplies industry median	30.3×
Healthcare sector median	25.2×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Baxter International Inc. (BAX) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on BAX

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on BAX

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