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Baxter International Inc. (BAX) EV/EBITDA Ratio: 24.37x

Is Baxter International Inc.’s EV/EBITDA ratio high or low?

Baxter International Inc.'s EV/EBITDA ratio of 24.37x is 28% above its 5-year average of 19.10x, near the high end of its 5-year range (13.41x–27.18x).

The EV/EBITDA ratio for Baxter International Inc. (BAX) is 24.37x as of Thursday, June 11, 2026. It is above its 12-month average by 19.99% (20.31x).

BAX EV/EBITDA Ratio Chart

BAX EV/EBITDA Ratio
24.37x+2.31% 1Y
Zoom

BAX Average EV/EBITDA Ratio Chart

BAX Current vs Average EV/EBITDA Ratio Chart

BAX EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

24.37x

EV/EBITDA RATIO AVG TTM

20.31x

EV/EBITDA RATIO AVG 3Y

19.09x

EV/EBITDA RATIO AVG 5Y

19.10x

EV/EBITDA RATIO AVG 10Y

17.76x

EV/EBITDA RATIO AVG 15Y

14.42x

EV/EBITDA RATIO AVG 20Y

12.44x

CURRENT VS TTM AVG

+19.99%

CURRENT VS 3Y AVG

+27.63%

CURRENT VS 5Y AVG

+27.61%

CURRENT VS 10Y AVG

+37.21%

CURRENT VS 15Y AVG

+68.99%

CURRENT VS 20Y AVG

+95.86%

BAX Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Baxter International Inc. (BAX)$10.49B24.37x20.31x19.09x19.10x
Charles River Laboratories International, Inc. (CRL)$9.06B15.01x19.03x15.54x17.41x
Align Technology, Inc. (ALGN)$12.56B14.39x13.92x20.40x25.91x
Bio-Rad Laboratories, Inc. (BIO)$7.89B252.70x57.93x92.86x47.74x
Hims & Hers Health, Inc. (HIMS)$6.42B74.96x67.13x332.36x332.36x
Hologic, Inc. (HOLX)$16.97B17.28x15.01x15.35x12.41x
Moderna, Inc. (MRNA)$18.40BN/A12.39x25.27x25.27x
BioNTech SE (BNTX)$21.81BN/A51.40x19.63x20.05x
Mettler-Toledo International Inc. (MTD)$22.85B20.28x23.56x23.88x26.50x
Waters Corporation (WAT)$23.83B38.03x21.59x21.24x21.45x

EV/EBITDA vs. its own history

At 24.4, EV/EBITDA is richer than usual — richer than 97% of its 20-year range.

20-year low

4.2

median

8.7

20-year high

27.4

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

Baxter International Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Baxter International Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Baxter International Inc. (BAX)?
The EV/EBITDA ratio for BAX stock is 24.37x.
Is Baxter International Inc.'s EV/EBITDA ratio high or low?
Baxter International Inc.'s EV/EBITDA ratio of 24.37x is 28% above its 5-year average of 19.10x, near the high end of its 5-year range (13.41x–27.18x).
What is the TTM average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The TTM average EV/EBITDA ratio for BAX stock is 20.31x.
What is the 3Y average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The 3Y average EV/EBITDA ratio for BAX stock is 19.09x.
What is the 5Y average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The 5Y average EV/EBITDA ratio for BAX stock is 19.10x.
What is the 10Y average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The 10Y average EV/EBITDA ratio for BAX stock is 17.76x.
What is the 15Y average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The 15Y average EV/EBITDA ratio for BAX stock is 14.42x.
What is the 20Y average EV/EBITDA ratio for Baxter International Inc. (BAX)?
The 20Y average EV/EBITDA ratio for BAX stock is 12.44x.

Baxter International Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1024.37x
2026-06-0924.17x
2026-06-0823.63x
2026-06-0523.72x
2026-06-0423.70x
2026-06-0323.14x
2026-06-0223.24x
2026-06-0123.05x
2026-05-2923.31x
2026-05-2823.63x
2026-05-2723.69x
2026-05-2623.72x
2026-05-2223.59x
2026-05-2123.48x
2026-05-2023.30x
2026-05-1923.00x
2026-05-1822.62x
2026-05-1522.28x
2026-05-1422.62x
2026-05-1322.29x
2026-05-1222.69x
2026-05-1122.44x
2026-05-0822.76x
2026-05-0722.42x
2026-05-0622.06x
2026-05-0521.90x
2026-05-0421.81x
2026-05-0122.22x
2026-04-3022.48x
2026-04-2921.54x
2026-04-2822.24x
2026-04-2722.61x
2026-04-2422.39x
2026-04-2322.55x
2026-04-2222.49x
2026-04-2122.61x
2026-04-2022.84x
2026-04-1722.76x
2026-04-1622.37x
2026-04-1522.01x
2026-04-1422.00x
2026-04-1322.03x
2026-04-1021.71x
2026-04-0921.81x
2026-04-0821.77x
2026-04-0721.35x
2026-04-0621.37x
2026-04-0221.39x
2026-04-0121.46x
2026-03-3121.47x
2026-03-3020.80x
2026-03-2720.92x
2026-03-2621.39x
2026-03-2521.69x
2026-03-2421.42x
2026-03-2321.35x
2026-03-2021.04x
2026-03-1921.38x
2026-03-1821.67x
2026-03-1722.02x
2026-03-1621.66x
2026-03-1321.88x
2026-03-1222.29x
2026-03-1122.31x
2026-03-1021.92x
2026-03-0922.22x
2026-03-0622.07x
2026-03-0522.68x
2026-03-0422.97x
2026-03-0322.97x
2026-03-0223.41x
2026-02-2723.87x
2026-02-2623.86x
2026-02-2524.11x
2026-02-2424.04x
2026-02-2324.47x
2026-02-2024.68x
2026-02-1924.52x
2026-02-1824.88x
2026-02-1724.12x
2026-02-1323.48x
2026-02-1222.76x
2026-02-1118.74x
2026-02-1018.58x
2026-02-0918.47x
2026-02-0618.47x
2026-02-0518.49x
2026-02-0418.12x
2026-02-0317.57x
2026-02-0217.55x
2026-01-3017.65x
2026-01-2917.48x
2026-01-2817.42x
2026-01-2717.40x
2026-01-2617.44x
2026-01-2317.53x
2026-01-2217.65x
2026-01-2117.47x
2026-01-2017.31x
2026-01-1617.67x
2026-01-1517.80x
2026-01-1417.53x
2026-01-1317.44x
2026-01-1217.69x
2026-01-0918.14x
2026-01-0817.96x
2026-01-0717.81x
2026-01-0617.89x
2026-01-0517.56x
2026-01-0217.37x
2025-12-3117.17x
2025-12-3017.27x
2025-12-2917.24x
2025-12-2617.31x
2025-12-2417.17x
2025-12-2317.08x
2025-12-2217.11x
2025-12-1917.10x
2025-12-1817.15x
2025-12-1717.26x
2025-12-1617.14x
2025-12-1517.38x
2025-12-1217.19x
2025-12-1117.07x
2025-12-1016.75x
2025-12-0916.70x
2025-12-0816.70x
2025-12-0516.89x
2025-12-0416.86x
2025-12-0317.06x
2025-12-0217.04x
2025-12-0117.16x
2025-11-2816.99x
2025-11-2617.07x
2025-11-2516.95x
2025-11-2416.71x
2025-11-2116.78x
2025-11-2016.34x
2025-11-1916.47x
2025-11-1816.70x
2025-11-1716.51x
2025-11-1416.86x
2025-11-1316.97x
2025-11-1216.97x
2025-11-1116.75x
2025-11-1016.50x
2025-11-0716.62x
2025-11-0616.61x
2025-11-0516.60x
2025-11-0416.59x
2025-11-0316.81x
2025-10-3116.94x
2025-10-3017.28x
2025-10-2918.90x
2025-10-2819.12x
2025-10-2719.27x
2025-10-2419.20x
2025-10-2319.18x
2025-10-2219.15x
2025-10-2119.07x
2025-10-2019.25x
2025-10-1719.23x
2025-10-1619.17x
2025-10-1519.07x
2025-10-1419.10x
2025-10-1318.75x
2025-10-1018.67x
2025-10-0918.95x
2025-10-0819.07x
2025-10-0719.14x
2025-10-0619.26x
2025-10-0319.62x
2025-10-0219.30x
2025-10-0119.37x
2025-09-3019.08x
2025-09-2918.88x
2025-09-2618.68x
2025-09-2518.55x
2025-09-2418.97x
2025-09-2319.12x
2025-09-2219.10x
2025-09-1919.20x
2025-09-1819.53x
2025-09-1719.29x
2025-09-1619.62x
2025-09-1519.59x
2025-09-1219.68x
2025-09-1119.93x
2025-09-1019.68x
2025-09-0919.91x
2025-09-0819.73x
2025-09-0519.89x
2025-09-0419.48x
2025-09-0319.46x
2025-09-0219.77x
2025-08-2920.03x
2025-08-2819.88x
2025-08-2719.95x
2025-08-2619.93x
2025-08-2519.96x
2025-08-2219.95x
2025-08-2119.61x
2025-08-2019.82x
2025-08-1919.85x
2025-08-1819.49x
2025-08-1519.78x
2025-08-1419.91x
2025-08-1319.74x
2025-08-1219.68x
2025-08-1119.42x
2025-08-0819.53x
2025-08-0719.46x
2025-08-0618.94x
2025-08-0519.11x
2025-08-0419.15x
2025-08-0118.91x
2025-07-3118.80x
2025-07-3021.97x
2025-07-2922.37x
2025-07-2822.21x
2025-07-2522.56x
2025-07-2422.33x
2025-07-2322.23x
2025-07-2221.70x
2025-07-2121.63x
2025-07-1821.83x
2025-07-1721.89x
2025-07-1622.13x
2025-07-1522.07x
2025-07-1422.21x
2025-07-1122.30x
2025-07-1022.80x
2025-07-0922.86x
2025-07-0823.29x
2025-07-0722.80x
2025-07-0323.46x
2025-07-0223.52x
2025-07-0123.57x
2025-06-3023.09x
2025-06-2723.15x
2025-06-2623.20x
2025-06-2523.26x
2025-06-2423.25x
2025-06-2322.95x
2025-06-2022.95x
2025-06-1822.85x
2025-06-1722.91x
2025-06-1623.37x
2025-06-1323.27x
2025-06-1223.64x
2025-06-1123.66x
2025-06-1023.82x
2025-06-0923.38x
2025-06-0623.08x
2025-06-0523.03x
2025-06-0422.94x
2025-06-0323.00x
2025-06-0222.73x
2025-05-3023.20x
2025-05-2923.31x

Showing the most recent 260 of 4,776 data points. The chart above shows the full history.

About Baxter International Inc.

Baxter International Inc., operating globally via its subsidiaries, is a leading developer and provider of a wide spectrum of healthcare products. The company's comprehensive portfolio includes various dialysis treatments, such as peritoneal and hemodialysis, along with related therapies and services. It also specializes in intravenous (IV) therapies, infusion pumps, administration sets, and devices for drug reconstitution. Further expanding its pharmaceutical offerings, Baxter delivers pre-mixed and oncology drug platforms, inhaled anesthetic agents, critical care products, and pharmacy compounding services. Nutritional support is provided through its parenteral nutrition therapies and associated products. For surgical procedures, the company develops biological products and medical devices vital for achieving hemostasis, tissue sealing, and preventing adhesions. Additionally, Baxter supplies continuous renal replacement therapies (CRRT) and other organ support solutions, primarily tailored for intensive care units. Beyond direct medical supplies, Baxter provides sophisticated connected care solutions, integrating devices, software, communication systems, and other advanced technologies. This includes a range of patient monitoring and diagnostic technologies designed to aid in the diagnosis, treatment, and management of numerous illnesses and conditions, spanning respiratory therapy, cardiology, vision screening, and physical assessment. The surgical suite benefits from its specialized video technologies, operating tables, lights, pendants, precision positioning tools, and various ancillary accessories. The company also offers contracted services to a multitude of pharmaceutical and biopharmaceutical companies. Baxter's products are utilized across diverse healthcare environments, including hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors' offices, and for home-based patients under medical supervision. Operating in approximately 100 countries, Baxter distributes its extensive product line through a direct sales force, independent distributors, drug wholesalers, and specialty pharmacies or other alternative site providers. The company also holds a collaborative agreement with Celerity Pharmaceutical, LLC, focused on developing generic injectable pre-mixed medications for acute care and oncolytic molecules. Established in 1931, Baxter International Inc. is headquartered in Deerfield, Illinois.

Deerfield, IL
38,000 employees
Healthcare / Medical - Instruments & Supplies
Sector
Healthcare
Industry
Medical - Instruments & Supplies
CEO
Andrew Hider