Baxter International (BAX) Dividend Coverage Ratio (2009 - 2026)
Baxter International's (BAX) Dividend Coverage Ratio was 58.80 for Q3 2026, compared with -0.53 a year earlier and up 133.3% from the prior quarter.
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Analysis
Baxter International (BAX) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Baxter International's Dividend Coverage Ratio came in at -7.09; for FY2025, it came in at -2.75.
- By year, Dividend Coverage Ratio came in at -1.10 in FY2024, 4.53 in FY2023, -4.25 in FY2022 and 2.42 in FY2021 (+4.0%).
- The Q3 2026 figure ranks as the highest quarterly Dividend Coverage Ratio in data going back to Q1 2009.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q1 2025 (growth of 475.4%); the low point was Q3 2024 (a decline of 94.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 25.20 (Q2 2026), -3.00 (Q1 2026) and -12.97 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 9.89 |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 0.84 |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 1.60 |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | - |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | - |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 58.80 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 58.80 |
| Jun 30, 2026 | 25.20 |
| Mar 31, 2026 | -3.00 |
| Dec 31, 2025 | -12.97 |
| Sep 30, 2025 | -0.53 |
| Jun 30, 2025 | 1.05 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | -3.48 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | -2.12 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 1.67 |
| Sep 30, 2023 | 17.06 |
| Jun 30, 2023 | -0.97 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 1.24 |
| Sep 30, 2022 | -20.12 |
| Jun 30, 2022 | 1.79 |
| Mar 31, 2022 | 0.51 |
| Dec 31, 2021 | 1.70 |
API Access
Baxter International Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();