Baxter International (BAX) Capital Expenditures (2009 - 2026)
Baxter International's (BAX) quarterly Capital Expenditures came in at $116.0 million in Q2 2026, down 17.14% year-over-year from $140.0 million in Q2 2025, and down 15.33% quarter-over-quarter from $137.0 million in Q1 2026.
Analysis
Baxter International (BAX) Capital Expenditures (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Capital Expenditures for 18 consecutive years, with $116.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 17.14% year-over-year to $116.0 million in Q2 2026; TTM through Jun 2026 was $504.0 million, a 4.55% decrease from a year earlier, with the FY2025 full-year figure at $513.0 million, up 15.02% from the prior year.
- Capital Expenditures was $116.0 million for Q2 2026 at Baxter International, down from $137.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $165.0 million in Q1 2023 and troughed at -$61.0 million in Q4 2022.
- A 5-year average of $112.3 million and a median of $133.0 million in 2024 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures tumbled 133.33% in 2022 and surged 1016.67% in 2024, its largest moves.
- Over 5 years, Capital Expenditures stood at -$61.0 million in 2022, then surged by 250.82% to $92.0 million in 2023, then jumped by 43.48% to $132.0 million in 2024, then gained by 6.06% to $140.0 million in 2025, then decreased by 17.14% to $116.0 million in 2026.
- The last three Capital Expenditures figures came in at $116.0 million (Q2 2026), $137.0 million (Q1 2026), and $140.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Becton Dickinson | 48.41 Bn | 47.55 Bn | 2.32 Bn | 143.00 Mn |
| 2 | Medline | 27.78 Bn | 25.10 Bn | 2.22 Bn | 111.00 Mn |
| 3 | West Pharmaceutical Services | 24.42 Bn | 23.98 Bn | 329.20 Mn | 43.20 Mn |
| 4 | Baxter International | 12.49 Bn | 10.34 Bn | 1.03 Bn | 116.00 Mn |
| 5 | Stevanato Group S.p.A | 5.70 Bn | 5.59 Bn | 100.91 Mn | -67.01 Mn |
| 6 | Acme United | 235.29 Mn | 230.25 Mn | 26.69 Mn | 1.07 Mn |
| 7 | Rockwell Medical | 31.39 Mn | 6.60 Mn | 3.24 Mn | 617,000.00 |
| 8 | Retractable Technologies | 21.15 Mn | -18.72 Mn | 190,852.00 | 29,823.00 |
| 9 | United Health Products | 8.85 Mn | 8.82 Mn | - | - |
| 10 | Cuprina Holdings (Cayman) | 7.88 Mn | 4.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.00 Mn |
| Mar 31, 2026 | 137.00 Mn |
| Dec 31, 2025 | 140.00 Mn |
| Sep 30, 2025 | 111.00 Mn |
| Jun 30, 2025 | 140.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Dec 31, 2024 | 132.00 Mn |
| Sep 30, 2024 | 134.00 Mn |
| Jun 30, 2024 | 70.00 Mn |
| Mar 31, 2024 | 110.00 Mn |
| Dec 31, 2023 | 92.00 Mn |
| Sep 30, 2023 | 12.00 Mn |
| Jun 30, 2023 | 163.00 Mn |
| Mar 31, 2023 | 165.00 Mn |
| Dec 31, 2022 | -61.00 Mn |
| Sep 30, 2022 | 161.00 Mn |
| Jun 30, 2022 | 137.00 Mn |
| Mar 31, 2022 | 140.00 Mn |
| Dec 31, 2021 | 183.00 Mn |
| Sep 30, 2021 | 179.00 Mn |