Growth Metrics

Baxter International (BAX) Debt to Equity (2016 - 2025)

Baxter International (BAX) has disclosed Debt to Equity for 17 consecutive years, with $1.55 as the latest value for Q4 2025.

  • On a quarterly basis, Debt to Equity fell 13.5% to $1.55 in Q4 2025 year-over-year; TTM through Dec 2025 was $1.55, a 13.5% decrease, with the full-year FY2025 number at $1.55, down 13.5% from a year prior.
  • Debt to Equity was $1.55 for Q4 2025 at Baxter International, up from $1.21 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.88 in Q2 2023 to a low of $0.05 in Q3 2022.
  • A 5-year average of $1.58 and a median of $1.65 in 2024 define the central range for Debt to Equity.
  • Peak YoY movement for Debt to Equity: crashed 92.44% in 2022, then surged 3522.44% in 2023.
  • Baxter International's Debt to Equity stood at $1.91 in 2021, then soared by 37.71% to $2.63 in 2022, then plummeted by 38.34% to $1.62 in 2023, then grew by 10.49% to $1.79 in 2024, then fell by 13.5% to $1.55 in 2025.
  • Per Business Quant, the three most recent readings for BAX's Debt to Equity are $1.55 (Q4 2025), $1.21 (Q3 2025), and $1.3 (Q2 2025).