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
Download Data| Date | Value |
|---|---|
| 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 |