Baxter International (BAX) Ending Cash Balance (2009 - 2026)
Baxter International (BAX) recorded Ending Cash Balance of $1.98 billion in Q3 2026, up 14.6% from $1.73 billion a year earlier but down 8.1% from the prior quarter.
Baxter International (BAX) Ending Cash Balance (2009 - 2026) Analysis & Trends
For FY2025, Baxter International reported Ending Cash Balance of $1.97 billion, down 18.4% from FY2024.
- Annual Ending Cash Balance has a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- Across earlier years, Ending Cash Balance came in at $2.41 billion in FY2024 (-24.5%), $3.2 billion in FY2023 (+85.7%), $1.72 billion in FY2022 (-41.7%) and $2.96 billion in FY2021 (-20.9%).
- Quarterly Ending Cash Balance has ranged from $1.6 billion in Q3 2022 to $5.79 billion in Q3 2023 over the past five years.
- On a year-over-year basis, Ending Cash Balance rose in two of the last eight quarters, with an average decline of 9.2%.
- Peak year-over-year performance for Ending Cash Balance in the last five years was growth of 261.1% in Q3 2023, against a decline of 64.1% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.16 billion (Q2 2026), $2.02 billion (Q1 2026) and $1.97 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 5.49 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 4.05 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 5.68 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 3.02 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 1.69 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 3.27 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 797.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 3.11 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 2.32 Bn |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 1.98 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.98 Bn |
| Jun 30, 2026 | 2.16 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 2.30 Bn |
| Dec 31, 2024 | 2.41 Bn |
| Sep 30, 2024 | 2.08 Bn |
| Jun 30, 2024 | 2.10 Bn |
| Mar 31, 2024 | 3.03 Bn |
| Dec 31, 2023 | 3.20 Bn |
| Sep 30, 2023 | 5.79 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 1.68 Bn |
| Dec 31, 2022 | 1.72 Bn |
| Sep 30, 2022 | 1.60 Bn |
| Jun 30, 2022 | 1.86 Bn |
| Mar 31, 2022 | 2.30 Bn |
| Dec 31, 2021 | 2.96 Bn |
Baxter International Ending Cash Balance 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=ending-cash-balance&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "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=ending-cash-balance&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();