Baxter International (BAX) Asset Utilization Ratio (2009 - 2026)
Baxter International's Asset Utilization Ratio came in at 0.56 for Q2 2026, up 8.9% from 0.51 a year earlier and up 2.6% from the prior quarter.
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Analysis
Baxter International (BAX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Baxter International's Asset Utilization Ratio was 0.49, up 24.7% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.39 in FY2024 (+7.4%), 0.37 in FY2023 (+12.6%), 0.33 in FY2022 (-28.3%) and 0.45 in FY2021 (-25.7%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q3 2021.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2025 (growth of 32.3%), and the weakest in Q1 2022 (a decline of 35.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.71 Bn | 229.74 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 178.38 Bn | 148.81 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 161.61 Bn | 145.42 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 154.15 Bn | 134.44 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 123.21 Bn | 88.46 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 117.50 Bn | 103.61 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 67.50 Bn | 62.26 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 54.80 Bn | 51.95 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 51.78 Bn | 35.79 Bn | 1.35 Bn | 0.48 |
| 10 | Baxter International | 13.22 Bn | 5.35 Bn | 1.03 Bn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 0.51 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.46 |
| Sep 30, 2021 | 0.63 |
API Access
Baxter International Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();