Growth Metrics

Baxter International (BAX) Capital Expenditures (2009 - 2026)

Baxter International (BAX) reported Capital Expenditures of $137.0 million for Q1 2026, up 12.3% year-over-year from $122.0 million in Q1 2025, and down 2.14% on a QoQ basis from $140.0 million in Q4 2025.

Baxter International (BAX) has 18 years of Capital Expenditures data on file, last reported at $137.0 million in Q1 2026.

  • Quarterly Capital Expenditures rose 12.3% year-over-year to $137.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $528.0 million (up 15.28% YoY) and the FY2025 annual result came in at $513.0 million, up 15.02% from the prior year.
  • Capital Expenditures fell to $137.0 million in Q1 2026 per BAX's latest filing, from $140.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $165.0 million in Q1 2023 and bottomed at -$61.0 million in Q4 2022.
  • The 5-year median for Capital Expenditures is $134.0 million (2024), against an average of $112.1 million.
  • The widest annual swing landed in 2022, when Capital Expenditures plunged 133.33%; it then jumped 1016.67% in 2024.
  • Tracing BAX's Capital Expenditures over 5 years: stood at -$61.0 million in 2022, then jumped by 250.82% to $92.0 million in 2023, then soared by 43.48% to $132.0 million in 2024, then rose by 6.06% to $140.0 million in 2025, then decreased by 2.14% to $137.0 million in 2026.
  • Per Business Quant, the three latest BAX Capital Expenditures figures stand at $137.0 million (Q1 2026), $140.0 million (Q4 2025), and $111.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 103.30 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 125.00 Mn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 33.65 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 26.10 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 84.00 Mn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 102.20 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 30.79 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 137.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 65.40 Mn
10 Repligen 6.39 Bn 5.41 Bn 108.28 Mn 4.71 Mn

Historic Data

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DateValue
Mar 31, 2026 137.00 Mn
Mar 31, 2026 137.00 Mn
Dec 31, 2025 140.00 Mn
Dec 31, 2025 140.00 Mn
Sep 30, 2025 111.00 Mn
Sep 30, 2025 111.00 Mn
Jun 30, 2025 140.00 Mn
Jun 30, 2025 140.00 Mn
Mar 31, 2025 122.00 Mn
Mar 31, 2025 122.00 Mn
Dec 31, 2024 132.00 Mn
Dec 31, 2024 132.00 Mn
Sep 30, 2024 134.00 Mn
Sep 30, 2024 134.00 Mn
Jun 30, 2024 70.00 Mn
Jun 30, 2024 70.00 Mn
Mar 31, 2024 110.00 Mn
Mar 31, 2024 110.00 Mn
Dec 31, 2023 92.00 Mn
Dec 31, 2023 92.00 Mn
Sep 30, 2023 12.00 Mn
Sep 30, 2023 12.00 Mn
Jun 30, 2023 163.00 Mn
Jun 30, 2023 163.00 Mn
Mar 31, 2023 165.00 Mn
Mar 31, 2023 165.00 Mn
Dec 31, 2022 -61.00 Mn
Dec 31, 2022 -61.00 Mn
Sep 30, 2022 161.00 Mn
Sep 30, 2022 161.00 Mn
Jun 30, 2022 137.00 Mn
Jun 30, 2022 137.00 Mn
Mar 31, 2022 140.00 Mn
Mar 31, 2022 140.00 Mn
Dec 31, 2021 183.00 Mn
Dec 31, 2021 183.00 Mn
Sep 30, 2021 179.00 Mn
Sep 30, 2021 179.00 Mn
Jun 30, 2021 158.00 Mn
Jun 30, 2021 158.00 Mn
Mar 31, 2021 171.00 Mn
Mar 31, 2021 171.00 Mn
Dec 31, 2020 237.00 Mn
Dec 31, 2020 237.00 Mn
Sep 30, 2020 156.00 Mn
Sep 30, 2020 156.00 Mn
Jun 30, 2020 144.00 Mn
Jun 30, 2020 144.00 Mn
Mar 31, 2020 172.00 Mn
Mar 31, 2020 172.00 Mn
Dec 31, 2019 191.00 Mn
Dec 31, 2019 191.00 Mn
Sep 30, 2019 167.00 Mn
Sep 30, 2019 167.00 Mn
Jun 30, 2019 145.00 Mn
Jun 30, 2019 145.00 Mn
Mar 31, 2019 193.00 Mn
Mar 31, 2019 193.00 Mn
Dec 31, 2018 206.00 Mn
Dec 31, 2018 206.00 Mn
Sep 30, 2018 150.00 Mn
Sep 30, 2018 150.00 Mn
Jun 30, 2018 151.00 Mn
Jun 30, 2018 151.00 Mn
Mar 31, 2018 152.00 Mn
Mar 31, 2018 152.00 Mn
Dec 31, 2017 206.00 Mn
Dec 31, 2017 206.00 Mn
Sep 30, 2017 131.00 Mn
Sep 30, 2017 131.00 Mn
Jun 30, 2017 156.00 Mn
Jun 30, 2017 156.00 Mn
Mar 31, 2017 123.00 Mn
Mar 31, 2017 123.00 Mn
Dec 31, 2016 172.00 Mn
Dec 31, 2016 172.00 Mn
Sep 30, 2016 167.00 Mn
Sep 30, 2016 167.00 Mn
Jun 30, 2016 168.00 Mn
Jun 30, 2016 168.00 Mn
Mar 31, 2016 184.00 Mn
Mar 31, 2016 184.00 Mn
Dec 31, 2015 253.00 Mn
Dec 31, 2015 253.00 Mn
Sep 30, 2015 234.00 Mn
Sep 30, 2015 234.00 Mn
Jun 30, 2015 210.00 Mn
Jun 30, 2015 210.00 Mn
Mar 31, 2015 214.00 Mn
Mar 31, 2015 214.00 Mn
Dec 31, 2014 301.00 Mn
Dec 31, 2014 301.00 Mn
Sep 30, 2014 -220.00 Mn
Sep 30, 2014 -220.00 Mn
Jun 30, 2014 423.00 Mn
Jun 30, 2014 423.00 Mn
Mar 31, 2014 421.00 Mn
Mar 31, 2014 421.00 Mn
Dec 31, 2013 -331.00 Mn
Dec 31, 2013 -331.00 Mn
Sep 30, 2013 398.00 Mn
Sep 30, 2013 398.00 Mn
Jun 30, 2013 347.00 Mn
Jun 30, 2013 347.00 Mn
Mar 31, 2013 292.00 Mn
Mar 31, 2013 292.00 Mn
Dec 31, 2012 399.00 Mn
Dec 31, 2012 399.00 Mn
Sep 30, 2012 259.00 Mn
Sep 30, 2012 259.00 Mn
Jun 30, 2012 264.00 Mn
Jun 30, 2012 264.00 Mn
Mar 31, 2012 239.00 Mn
Mar 31, 2012 239.00 Mn
Dec 31, 2011 317.00 Mn
Dec 31, 2011 317.00 Mn
Sep 30, 2011 235.00 Mn
Sep 30, 2011 235.00 Mn
Jun 30, 2011 210.00 Mn
Jun 30, 2011 210.00 Mn
Mar 31, 2011 198.00 Mn
Mar 31, 2011 198.00 Mn
Dec 31, 2010 264.00 Mn
Dec 31, 2010 264.00 Mn
Sep 30, 2010 232.00 Mn
Sep 30, 2010 232.00 Mn
Jun 30, 2010 237.00 Mn
Jun 30, 2010 237.00 Mn
Mar 31, 2010 230.00 Mn
Mar 31, 2010 230.00 Mn
Dec 31, 2009 380.00 Mn
Dec 31, 2009 380.00 Mn
Sep 30, 2009 247.00 Mn
Sep 30, 2009 247.00 Mn
Jun 30, 2009 216.00 Mn
Jun 30, 2009 216.00 Mn
Mar 31, 2009 171.00 Mn
Mar 31, 2009 171.00 Mn