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) Price to free cash flow

As of 25 September 2026, Baxter International Inc. (BAX) trades at a price to free cash flow of 14.8×. Over the past ten years it has ranged from 7.6× (September 2015) to 85.5× (March 2025); the current reading is higher than 12% of that period. That is below the Medical Instruments & Supplies industry median of 25.7× and below the Healthcare sector median of 19.5×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 29.5× 13.77%
FY2024 26.0× 70.84%
FY2023 15.2× (50.75%)
FY2022 30.8× 9.59%
FY2021 28.1× (20.13%)
FY2020 35.2× 16.57%
FY2019 30.2× 16.80%
FY2018 25.9× (22.08%)
FY2017 33.2× 28.00%
FY2016 26.0× 6.95%

Quarterly

Period Price to free cash flow Change
Jun 2026 13.5× 13.02%
Mar 2026 12.0× (59.47%)
Dec 2025 29.5× (38.44%)
Sep 2025 48.0× (26.82%)
42 more quarters

Against its own ten years

Low 7.6× High 85.5×
Ten-year median 27.9×
Current reading's percentile 12

Price to free cash flow against peers

Company Price to free cash flow
STVN Stevanato Group S.p.A. compare n/m
SOLV Solventum Corporation compare n/m
BAX Baxter International Inc. 14.8×
ALGN Align Technology, Inc. compare 15.5×
COO The Cooper Companies, Inc. compare 15.8×
AVTR Avantor, Inc. compare 22.7×
ATR AptarGroup, Inc. compare 25.1×
BLCO Bausch + Lomb Corporation compare 53.9×
RGEN Repligen Corporation compare 175×
Medical Instruments & Supplies industry median 25.7×
Healthcare sector median 19.5×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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