Market Cap for Baxter International (BAX)
According to Baxter International's latest reported financial statements, the company's latest reported market cap is $9.82B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
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Latest period
$9.82B
YoY change
-11.6%
5Y CAGR
-27.6%
Peak year (2021)
$43.61B
Latest annual
$8.67B
Market Cap history chart for Baxter International (BAX) from 1985 to 2026
Market Cap history table for Baxter International (BAX) from 1985 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $8.67B | -11.6% | ||
| 2025 | $9.80B | -34.1% | ||
| 2024 | $14.87B | -24.0% | ||
| 2023 | $19.56B | -23.9% | ||
| 2022 | $25.69B | -41.1% | ||
| 2021 | $43.61B | +5.1% | ||
| 2020 | $41.48B | -4.4% | ||
| 2019 | $43.40B | +20.8% | ||
| 2018 | $35.94B | +0.2% | ||
| 2017 | $35.88B | +46.8% | ||
| 2016 | $24.43B | +16.6% | ||
| 2015 | $20.94B | -3.8% | ||
| 2014 | $21.78B | +5.0% | ||
| 2013 | $20.74B | +3.0% | ||
| 2012 | $20.13B | +30.7% | ||
| 2011 | $15.40B | -5.7% | ||
| 2010 | $16.34B | -16.5% | ||
| 2009 | $19.57B | +5.6% | ||
| 2008 | $18.54B | -10.1% | ||
| 2007 | $20.63B | +24.8% | ||
| 2006 | $16.53B | +28.5% | ||
| 2005 | $12.86B | +10.9% | ||
| 2004 | $11.59B | +21.1% | ||
| 2003 | $9.57B | +35.5% | ||
| 2002 | $7.06B | -56.8% | ||
| 2001 | $16.36B | +15.2% | ||
| 2000 | $14.20B | +47.5% | ||
| 1999 | $9.63B | -0.3% | ||
| 1998 | $9.66B | +30.6% | ||
| 1997 | $7.39B | +25.8% | ||
| 1996 | $5.88B | -2.8% | ||
| 1995 | $6.05B | +47.2% | ||
| 1994 | $4.11B | +17.2% | ||
| 1993 | $3.51B | -26.4% | ||
| 1992 | $4.76B | -19.4% | ||
| 1991 | $5.91B | +70.0% | ||
| 1990 | $3.48B | +3.7% | ||
| 1989 | $3.35B | +46.3% | ||
| 1988 | $2.29B | -19.7% | ||
| 1987 | $2.85B | +14.4% | ||
| 1986 | $2.49B | +94.6% | ||
| 1985 | $1.28B | — |
Market Cap values are taken from Baxter International's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2026, Baxter International (BAX) market cap totalled $8.67B – declined 11.6% year-over-year.
Looking at the 2021–2026 (5 years) stretch, Baxter International market cap compounded at -27.6% per year, with a net decline across the window.
Baxter International market cap peaked at $43.61B in 2021; the latest annual figure is $8.67B in 2026 (80.1% below peak).
2021 marks the peak market cap at $43.61B, with the historical low of $1.28B recorded in 1985.
Among 8 Healthcare peers, Baxter International (BAX) ranks 9th; the peer median for market cap is $311.16B.
Baxter International Market Cap by Year
Baxter International Market Cap 2026: $8.67B
Baxter International market cap in 2026 was $8.67B, declined 11.6% below 2025.
Baxter International Market Cap 2025: $9.80B
Baxter International market cap in 2025 was $9.80B, plunged 34.1% below 2024.
Baxter International Market Cap 2024: $14.87B
Baxter International market cap in 2024 was $14.87B, declined 24.0% below 2023.
Baxter International Market Cap 2023: $19.56B
Baxter International market cap in 2023 was $19.56B, declined 23.9% below 2022.
Baxter International Market Cap 2022: $25.69B
Baxter International market cap in 2022 was $25.69B.
See more financial history for Baxter International (BAX).
Sector peers — Market Cap
Companies in the same sector as Baxter International, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Eli Lilly and Company (LLY) | $825.77B | Healthcare |
| Johnson & Johnson (JNJ) | $548.34B | Healthcare |
| AbbVie Inc. (ABBV) | $349.67B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $332.91B | Healthcare |
| AstraZeneca PLC (AZN) | $289.41B | Healthcare |
| Merck & Co., Inc. (MRK) | $272.11B | Healthcare |
| Amgen Inc. (AMGN) | $183.05B | Healthcare |
| Novo Nordisk A/S (NVO) | $182.96B | Healthcare |
Frequently asked questions
What is Baxter International's market cap?
- Latest reported market cap for Baxter International (BAX) is $9.82B (period ending December 31, 2025).
How has Baxter International market cap changed year-over-year?
- Baxter International (BAX) market cap changed -11.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Baxter International market cap?
- Baxter International (BAX) market cap compound annual growth rate is -27.6% over the most recent 5 years available.
When did Baxter International market cap hit its highest annual value?
- Baxter International market cap reached its highest annual value of $43.61B in 2021.
What was Baxter International market cap in 2025?
- Baxter International (BAX) market cap in 2025 was $9.80B.
What was Baxter International market cap in 2026?
- Baxter International (BAX) market cap in 2026 was $8.67B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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