Growth Metrics

Baxter International (BAX) Debt Ratio (2016 - 2025)

Baxter International (BAX) has disclosed Debt Ratio for 17 consecutive years, with 0.47 as the latest value for Q4 2025.

  • On a quarterly basis, Debt Ratio fell 2.56% to 0.47 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.47, a 2.56% decrease, with the full-year FY2025 number at 0.47, down 2.56% from a year prior.
  • Debt Ratio was 0.47 for Q4 2025 at Baxter International, up from 0.44 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.58 in Q2 2023 to a low of 0.01 in Q3 2022.
  • A 5-year average of 0.44 and a median of 0.49 in 2023 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: surged 68.3% in 2021, then crashed 96.61% in 2022.
  • Baxter International's Debt Ratio stood at 0.52 in 2021, then increased by 5.47% to 0.55 in 2022, then dropped by 11.39% to 0.49 in 2023, then dropped by 0.34% to 0.48 in 2024, then dropped by 2.56% to 0.47 in 2025.
  • Per Business Quant, the three most recent readings for BAX's Debt Ratio are 0.47 (Q4 2025), 0.44 (Q1 2025), and 0.48 (Q4 2024).