Baxter International (BAX) FCF Margin (2009 - 2026)

Baxter International (BAX) has reported FCF Margin for 18 consecutive years, with 6.11% the latest figure, recorded in Q2 2026.

• On a quarterly basis, FCF Margin rose 3.0% year-over-year to 6.11% in Q2 2026; TTM through Jun 2026 was 7.56%, a 452.0% increase from a year earlier, with the FY2025 full-year figure at 3.9%, down 149.0% from the prior year.
• FCF Margin was 6.11% for Q2 2026 at Baxter International, up from 2.81% in the prior quarter.
• Over five years, FCF Margin peaked at 16.09% in Q4 2023 and troughed at 12.0% in Q1 2025.
• A 5-year average of 6.04% and a median of 5.25% in 2024 frame the typical range for FCF Margin.
• Across the five-year window, FCF Margin tumbled 1413 bps in 2025 and surged 1481 bps in 2026, its largest moves.
• Over 5 years, FCF Margin stood at 13.35% in 2022, then gained by 20 bps to 16.09% in 2023, then declined by 20 bps to 12.93% in 2024, then slumped by 53 bps to 6.09% in 2025, then grew by 0 bps to 6.11% in 2026.
• The last three FCF Margin figures came in at 6.11% (Q2 2026), 2.81% (Q1 2026), and 6.09% (Q2 2025), per Business Quant data.