Baxter International BAX
NYSE BAX
$24.18 -0.21 (-0.87%)
As of: Sep 10, 2026 · 3:59 PM EDT

Baxter International (BAX) Deferred Taxes (2009 - 2026)

Baxter International's (BAX) quarterly Deferred Taxes came in at -$34.0 million in Q2 2026, down 47.83% year-over-year from -$65.2 million in Q2 2025, and down 217.24% quarter-over-quarter from $29.0 million in Q1 2026.

Analysis

Baxter International (BAX) Deferred Taxes (2009 - 2026) Analysis & Trends

Baxter International (BAX) has reported Deferred Taxes for 18 consecutive years, with -$34.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Deferred Taxes fell 47.83% year-over-year to -$34.0 million in Q2 2026; TTM through Jun 2026 was $237.0 million, a 170.75% increase from a year earlier, with the FY2025 full-year figure at $77.0 million, up 129.39% from the prior year.
  • Deferred Taxes was -$34.0 million for Q2 2026 at Baxter International, down from $29.0 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at $192.0 million in Q4 2025 and troughed at -$142.0 million in Q1 2025.
  • A 5-year average of -$39.2 million and a median of -$54.5 million in 2022 frame the typical range for Deferred Taxes.
  • Across the five-year window, Deferred Taxes tumbled 641.18% in 2024 and jumped 252.38% in 2025, its largest moves.
  • Over 5 years, Deferred Taxes stood at -$71.0 million in 2022, then jumped by 76.06% to -$17.0 million in 2023, then plunged by 641.18% to -$126.0 million in 2024, then jumped by 252.38% to $192.0 million in 2025, then sank by 117.71% to -$34.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$34.0 million (Q2 2026), $29.0 million (Q1 2026), and $192.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Becton Dickinson 48.41 Bn 47.55 Bn 2.32 Bn -74.00 Mn
2 Medline 27.78 Bn 25.10 Bn 2.22 Bn 64.00 Mn
3 West Pharmaceutical Services 24.42 Bn 23.98 Bn 329.20 Mn -
4 Baxter International 12.49 Bn 10.34 Bn 1.03 Bn -34.00 Mn
5 Stevanato Group S.p.A 5.70 Bn 5.59 Bn 100.91 Mn -
6 Acme United 235.29 Mn 230.25 Mn 26.69 Mn -
7 Rockwell Medical 31.39 Mn 6.60 Mn 3.24 Mn -
8 Retractable Technologies 21.15 Mn -18.72 Mn 190,852.00 -
9 United Health Products 8.85 Mn 8.82 Mn - -
10 Cuprina Holdings (Cayman) 7.88 Mn 4.76 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -34.00 Mn
Mar 31, 2026 29.00 Mn
Dec 31, 2025 192.00 Mn
Sep 30, 2025 50.00 Mn
Jun 30, 2025 -23.00 Mn
Mar 31, 2025 -142.00 Mn
Dec 31, 2024 -126.00 Mn
Sep 30, 2024 -44.00 Mn
Jun 30, 2024 -34.00 Mn
Mar 31, 2024 -58.00 Mn
Dec 31, 2023 -17.00 Mn
Sep 30, 2023 -83.00 Mn
Jun 30, 2023 -95.00 Mn
Mar 31, 2023 -61.00 Mn
Dec 31, 2022 -71.00 Mn
Sep 30, 2022 -80.00 Mn
Jun 30, 2022 -54.00 Mn
Mar 31, 2022 -55.00 Mn
Dec 31, 2021 -63.00 Mn
Sep 30, 2021 -62.00 Mn