BAX

Stock

Baxter International Inc.

Very rare

This is the kind of decline worth waking up for.

Baxter International Inc. is 73.2% off its high — among the deepest declines in its recorded history.

Price $22.46 · as of Jul 9, 2026All-time high $83.86Drawdown -73.2%Severity Score™ 14.6
🔴

Historic

Current Drawdown

-73.2%

Days in Drawdown

2271

Avg Max Drawdown

5.0%

Avg Length

53

Drawdown Severity Score™

14.6

BAX - Price & High Water Mark

BAX - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within BAX's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.0xHistorically Low · 4th percentile
Low: 0.72xMedian: 1.6xHigh: 4.4x

20 years of daily history

76.2% below its highest Price to Sales reading · 15.1x typical multiple drawdown · high date February 6, 2020

Price to Sales history

EV to EBITDA

29.0xHistorically High · 100th percentile
Low: 4.6xMedian: 14.1xHigh: 30.0x

20 years of daily history

3.4% below its highest EV to EBITDA reading · 0.5x typical multiple drawdown · high date March 7, 2025

EV to EBITDA history · log scale

How we measure valuation

Baxter International Inc. (BAX) Analysis: Current Drawdown Insights

Baxter International Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $22.46, which represents a 73.2% decline from its all-time high of $83.86. This drawdown has persisted for 2271 days.

Based on its full tracked price history, Baxter International Inc. typically experiences drawdowns averaging 5.0% in depth, with an average duration of 53 days. Baxter International Inc. has gone through 227 total drawdown events in its tracked history. The largest drawdown on record for Baxter International Inc. was 68.3%, beginning in 2002. The longest drawdown duration on record was 1846 days.

The Drawdown Severity Score™ for Baxter International Inc. currently stands at 14.60. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score above 12.0 indicates a historic, once-in-a-decade event: declines of this magnitude are extraordinarily rare in this asset's tracked history and can also signal fundamental changes worth investigating.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Baxter International Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 227 tracked pullbacks (67 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2020-04-20Ongoing2271 days-73.2%$83.86$22.46n/a
2020-02-072020-04-2073 days-23.1%$82.90$63.76$83.86
2020-01-232020-02-0514 days-2.1%$81.00$79.28$81.13
2020-01-172020-01-215 days-0.3%$79.96$79.73$80.92
2019-09-092020-01-15129 days-14.6%$79.56$67.97$79.58
2019-08-142019-09-0624 days-3.6%$77.95$75.16$79.56
2019-07-312019-08-1314 days-4.9%$76.16$72.40$77.95
2019-07-262019-07-294 days-0.0%$75.28$75.27$75.99
2019-07-222019-07-232 days-0.5%$73.46$73.09$73.63
2019-07-122019-07-176 days-1.1%$72.95$72.17$73.06
2019-06-242019-07-1118 days-2.2%$72.85$71.26$72.95
2019-04-022019-06-2080 days-10.2%$72.07$64.73$72.52
2019-03-222019-03-265 days-1.5%$69.15$68.08$69.46
2019-03-202019-03-212 days-0.5%$68.39$68.03$69.15
2018-10-022019-03-19169 days-20.9%$68.21$53.97$68.39
2018-09-252018-10-017 days-1.5%$68.17$67.16$68.21
2018-09-212018-09-244 days-0.4%$68.11$67.83$68.17
2018-09-172018-09-204 days-0.8%$68.11$67.54$68.11
2018-07-262018-09-1350 days-7.6%$66.91$61.83$67.62
2018-06-152018-07-2440 days-3.8%$65.94$63.44$66.06
2018-06-132018-06-142 days-1.0%$65.89$65.22$65.94
2018-06-072018-06-126 days-1.2%$65.83$65.02$65.89
2018-05-292018-06-014 days-2.1%$63.26$61.95$63.57
2018-05-222018-05-232 days-0.5%$62.88$62.55$63.10
2018-01-292018-05-21112 days-13.4%$62.87$54.43$62.88
2018-01-232018-01-253 days-0.9%$61.08$60.56$61.82
2018-01-102018-01-1910 days-2.5%$60.37$58.88$60.92
2017-11-292018-01-0235 days-3.6%$57.33$55.27$58.45
2017-10-302017-11-2830 days-2.7%$57.01$55.45$57.33
2017-09-142017-10-2643 days-4.9%$56.08$53.34$56.36
2017-09-122017-09-132 days-0.2%$55.79$55.68$56.08
2017-07-212017-09-0850 days-5.6%$54.57$51.51$54.93
2017-07-182017-07-192 days-0.1%$53.85$53.80$54.06
2017-06-262017-07-1419 days-2.0%$53.14$52.08$53.77
2017-06-022017-06-2120 days-4.7%$51.94$49.48$51.99
2017-05-262017-05-305 days-0.8%$51.06$50.63$51.24
2017-05-172017-05-226 days-1.3%$49.71$49.09$49.77
2017-05-122017-05-154 days-0.3%$48.65$48.51$48.95
2017-05-052017-05-095 days-0.5%$48.31$48.09$48.47
2017-05-012017-05-022 days-0.2%$48.07$48.00$48.07
2017-04-272017-04-282 days-0.3%$48.00$47.85$48.07
2017-04-132017-04-2614 days-1.5%$46.22$45.51$48.00
2017-04-062017-04-072 days-0.0%$45.37$45.35$45.58
2017-03-142017-04-0422 days-2.1%$45.15$44.20$45.22
2017-03-102017-03-133 days-0.2%$45.01$44.90$45.15
2017-03-022017-03-087 days-1.0%$44.21$43.76$44.34
2017-02-272017-02-282 days-0.1%$43.48$43.44$43.85
2017-02-162017-02-172 days-0.0%$42.58$42.56$42.83
2017-02-142017-02-152 days-0.5%$42.40$42.16$42.58
2016-10-262017-02-13111 days-11.0%$42.21$37.57$42.40
2016-08-122016-10-2575 days-7.8%$41.98$38.72$42.21
2015-08-062016-04-04243 days-23.2%$35.64$27.39$35.92
2014-07-252015-08-05377 days-14.3%$34.35$29.45$35.64
2008-08-112012-11-021545 days-40.9%$27.44$16.21$27.51
2008-01-172008-07-08173 days-14.3%$24.85$21.29$25.24
2007-07-172007-10-1894 days-14.7%$22.35$19.07$22.72
2002-03-282007-04-171846 days-68.3%$20.69$6.56$20.86
2001-10-022002-01-23114 days-17.2%$19.05$15.77$19.11
2000-10-192000-12-2871 days-14.8%$15.04$12.82$15.21
1999-03-162000-06-29471 days-30.8%$12.13$8.39$12.18
1998-03-251998-09-14173 days-15.3%$9.67$8.19$9.78
1997-07-181998-03-18244 days-26.4%$9.26$6.82$9.29
1991-12-311995-03-131169 days-41.9%$4.40$2.55$4.40
1991-04-191991-10-23188 days-13.8%$3.94$3.40$4.00
1990-07-181990-11-28134 days-19.7%$2.87$2.30$2.89
1987-10-061990-07-171016 days-42.1%$2.87$1.66$2.87
1987-03-241987-07-30128 days-15.9%$2.54$2.13$2.57
1986-05-291987-01-06223 days-25.8%$2.02$1.50$2.03

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Baxter International Inc. (BAX) is trading at $22.46 as of Jul 9, 2026. It is 73.2% below its high of $83.86. The drawdown has lasted 2,271 days. Severity score: 14.6 (Historic).

BAX Price History and Drawdown Data

Latest price

$22.46

High-water mark

$83.86

Current drawdown

-73.2%

Days in drawdown

2,271

This BAX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Baxter International Inc. drawdowns.

What History Says About BAX

Baxter International Inc. has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 700 days with an average max drop of -34.3%.

The current drawdown of -73.2% has lasted 2,271 days, which is 3.2x the average duration of comparable events.

PeriodMax DropDuration
Mar 2002 to Apr 2007-68.3%1846 days
Oct 1987 to Jul 1990-42.1%1016 days
Dec 1991 to Mar 1995-41.9%1169 days
Aug 2008 to Nov 2012-40.9%1545 days
Mar 1999 to Jun 2000-30.8%471 days
Jul 1997 to Mar 1998-26.4%244 days

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