Shares Outstanding for Baxter International (BAX)
According to Baxter International's latest reported financial statements, the company's latest reported diluted shares outstanding is 514.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
514.00M
YoY change
+0.6%
5Y CAGR
-0.2%
Peak year (2006)
656.00M
Latest annual
513.00M
Shares Outstanding history chart for Baxter International (BAX) from 1985 to 2025
Shares Outstanding history table for Baxter International (BAX) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 513.00M | +0.6% | ||
| 2024 | 510.00M | +0.8% | ||
| 2023 | 506.00M | +0.4% | ||
| 2022 | 504.00M | -0.8% | ||
| 2021 | 508.00M | -1.7% | ||
| 2020 | 517.00M | -0.4% | ||
| 2019 | 519.00M | -4.9% | ||
| 2018 | 546.00M | -1.6% | ||
| 2017 | 555.00M | +0.7% | ||
| 2016 | 551.00M | +0.4% | ||
| 2015 | 549.00M | +0.4% | ||
| 2014 | 547.00M | -0.4% | ||
| 2013 | 549.00M | -1.3% | ||
| 2012 | 556.00M | -3.0% | ||
| 2011 | 573.00M | -3.5% | ||
| 2010 | 594.00M | -3.3% | ||
| 2009 | 614.00M | -3.6% | ||
| 2008 | 637.00M | -2.6% | ||
| 2007 | 654.00M | -0.3% | ||
| 2006 | 656.00M | +4.3% | ||
| 2005 | 629.00M | +1.8% | ||
| 2004 | 618.00M | +7.0% | ||
| 2003 | 577.33M | +24.3% | ||
| 2002 | 464.46M | -17.3% | ||
| 2001 | 561.47M | -5.2% | ||
| 2000 | 592.00M | +0.3% | ||
| 1999 | 590.00M | +2.1% | ||
| 1998 | 578.00M | +2.5% | ||
| 1997 | 564.00M | +2.2% | ||
| 1996 | 552.00M | -0.7% | ||
| 1995 | 556.00M | -0.7% | ||
| 1994 | 560.00M | +1.1% | ||
| 1993 | 554.00M | -2.2% | ||
| 1992 | 566.23M | -0.3% | ||
| 1991 | 568.00M | +18.3% | ||
| 1990 | 480.00M | -6.9% | ||
| 1989 | 515.44M | +3.1% | ||
| 1988 | 500.00M | +3.6% | ||
| 1987 | 482.57M | -3.2% | ||
| 1986 | 498.73M | +59.2% | ||
| 1985 | 313.25M | — |
Shares Outstanding 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
As of the 2025 fiscal year, Baxter International (BAX) reported diluted shares outstanding of 513.00M – edged up 0.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Baxter International diluted shares outstanding compounded at -0.2% per year, sustaining 3 straight years of year-over-year growth.
Baxter International diluted shares outstanding declined from 656.00M in 2006 to 513.00M in 2025, a 21.8% drawdown.
The highest annual diluted shares outstanding of 656.00M was reported in 2006. The lowest in the available history was 313.25M in 1985.
Baxter International (BAX) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of 1.34B.
Baxter International Shares Outstanding by Year
Baxter International Shares Outstanding 2025: 513.00M
Baxter International diluted shares outstanding in 2025 was 513.00M, edged up 0.6% from 2024.
Baxter International Shares Outstanding 2024: 510.00M
Baxter International diluted shares outstanding in 2024 was 510.00M, edged up 0.8% from 2023.
Baxter International Shares Outstanding 2023: 506.00M
Baxter International diluted shares outstanding in 2023 was 506.00M, edged up 0.4% from 2022.
Baxter International Shares Outstanding 2022: 504.00M
Baxter International diluted shares outstanding in 2022 was 504.00M, edged down 0.8% below 2021.
Baxter International Shares Outstanding 2021: 508.00M
Baxter International diluted shares outstanding in 2021 was 508.00M.
See more financial history for Baxter International (BAX).
Sector peers — Shares Outstanding
Companies in the same sector as Baxter International, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | 4.45B | Healthcare |
| Merck & Co., Inc. (MRK) | 2.51B | Healthcare |
| Johnson & Johnson (JNJ) | 2.43B | Healthcare |
| AbbVie Inc. (ABBV) | 1.77B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | 910.00M | Healthcare |
| Eli Lilly and Company (LLY) | 898.00M | Healthcare |
| AstraZeneca PLC (AZN) | 781.00M | Healthcare |
| Amgen Inc. (AMGN) | 542.00M | Healthcare |
Frequently asked questions
What is Baxter International's diluted shares outstanding?
- Latest reported diluted shares outstanding for Baxter International (BAX) is 514.00M (period ending December 31, 2025).
How has Baxter International diluted shares outstanding changed year-over-year?
- Baxter International (BAX) diluted shares outstanding changed +0.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Baxter International diluted shares outstanding?
- Baxter International (BAX) diluted shares outstanding compound annual growth rate is -0.2% over the most recent 5 years available.
When did Baxter International diluted shares outstanding hit its highest annual value?
- Baxter International diluted shares outstanding reached its highest annual value of 656.00M in 2006.
What was Baxter International diluted shares outstanding in 2024?
- Baxter International (BAX) diluted shares outstanding in 2024 was 510.00M.
What was Baxter International diluted shares outstanding in 2025?
- Baxter International (BAX) diluted shares outstanding in 2025 was 513.00M.
Metrics overview
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