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.
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 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
| 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 |
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_KEY
import 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();