Baxter International (BAX) Asset Utilization Ratio (2009 - 2026)
Baxter International (BAX) posted quarterly Asset Utilization Ratio of 0.56 for Q2 2026, up 8.9% year-over-year from 0.51 in Q2 2025, and up 2.58% quarter-over-quarter from 0.55 in Q1 2026.
Baxter International (BAX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Asset Utilization Ratio for 18 consecutive years, with 0.56 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 8.9% year-over-year to 0.56; the TTM figure through Jun 2026 stood at 0.56 (up 8.9% YoY), while the FY2025 annual figure was 0.49, up 24.68% from the prior year.
- Asset Utilization Ratio improved to 0.56 in Q2 2026 per BAX's latest filing, from 0.55 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.56 in Q2 2026 and bottomed at 0.35 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.44 across 5 years, with a median of 0.43 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio slumped 35.64% — and 2025, when it jumped 32.3%.
- Baxter International's Asset Utilization Ratio stood at 0.52 in 2022, then plunged by 31.83% to 0.35 in 2023, then advanced by 15.33% to 0.41 in 2024, then advanced by 26.79% to 0.51 in 2025, then gained by 8.9% to 0.56 in 2026.
- Business Quant data shows BAX's Asset Utilization Ratio at 0.56 in Q2 2026, 0.55 in Q1 2026, and 0.51 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.85 Bn | 129.64 Bn | 1.96 Bn | 0.54 |
| 2 | Becton Dickinson | 52.47 Bn | 51.60 Bn | 2.32 Bn | 0.46 |
| 3 | Alcon | 35.76 Bn | 34.40 Bn | 1.68 Bn | 0.34 |
| 4 | Resmed | 33.91 Bn | 32.44 Bn | 861.22 Mn | 0.64 |
| 5 | Medline | 29.29 Bn | 26.62 Bn | 2.22 Bn | 0.73 |
| 6 | West Pharmaceutical Services | 24.94 Bn | 24.51 Bn | 329.20 Mn | 0.81 |
| 7 | Solventum | 15.34 Bn | 14.94 Bn | 1.29 Bn | 0.59 |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 0.34 |
| 9 | Baxter International | 13.62 Bn | 11.47 Bn | 1.03 Bn | 0.56 |
| 10 | Align Technology | 11.49 Bn | 10.39 Bn | 757.43 Mn | 0.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.54 |
| 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 |
| Jun 30, 2021 | 0.62 |
| Mar 31, 2021 | 0.60 |
| Dec 31, 2020 | 0.58 |