Baxter International (BAX) Cash & Equivalents (2009 - 2026)
Baxter International (BAX) reported Cash & Equivalents of $2.15 billion for Q2 2026, up 27.5% from $1.69 billion a year earlier and up 6.4% from the prior quarter.
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Analysis
Baxter International (BAX) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Cash & Equivalents of $1.97 billion, up 11.7% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $1.76 billion in FY2024 (-42.7%), $3.08 billion in FY2023 (+89.9%), $1.62 billion in FY2022 (-45.1%) and $2.95 billion in FY2021 (-20.9%).
- The Q2 2026 figure ranks as the highest quarterly Cash & Equivalents since Q1 2025.
- Year over year, Cash & Equivalents gained in four of the last eight quarters, with an average decline of 10.1%.
- The high point for year-over-year Cash & Equivalents in five years was Q3 2023 (growth of 257.0%); the low point was Q3 2024 (a decline of 75.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.02 billion (Q1 2026), $1.97 billion (Q4 2025) and $1.73 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 4.06 Bn |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | 5.10 Bn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | 4.35 Bn |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 2.76 Bn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | 1.69 Bn |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 3.39 Bn |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | 539.00 Mn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 2.91 Bn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | 708.00 Mn |
| 10 | Baxter International | 12.22 Bn | 4.32 Bn | 1.03 Bn | 2.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 2.29 Bn |
| Dec 31, 2024 | 1.76 Bn |
| Sep 30, 2024 | 1.42 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 2.83 Bn |
| Dec 31, 2023 | 3.08 Bn |
| Sep 30, 2023 | 5.72 Bn |
| Jun 30, 2023 | 1.72 Bn |
| Mar 31, 2023 | 1.67 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.60 Bn |
| Jun 30, 2022 | 1.85 Bn |
| Mar 31, 2022 | 2.29 Bn |
| Dec 31, 2021 | 2.95 Bn |
| Sep 30, 2021 | 3.26 Bn |
API Access
Baxter International Cash & Equivalents 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=cash-and-equivalents&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();