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

Baxter International (BAX) has 18 years of FCF Margin data on file, last reported at 2.81% in Q1 2026.

• On a quarterly basis, FCF Margin rose 1123.0% year-over-year to 2.81% in Q1 2026; TTM through Mar 2026 was 6.82%, a 404.0% increase from a year earlier, with the FY2025 full-year figure at 3.9%, down 149.0% from the prior year.
• FCF Margin for Q1 2026 stood at 2.81%, up from 8.42% in the prior quarter.
• Over the last five years, FCF Margin for BAX reached as high as 13.58% in Q3 2023 and fell as low as 8.42% in Q1 2025.
• Historically, FCF Margin has averaged 3.61% across 5 years, with a median of 2.02% in 2024.
• Across the five-year window, FCF Margin slumped 1787 bps in 2022 and surged 1586 bps in 2024, its largest moves.
• Year by year, FCF Margin stood at 0.13% in 2022, then slumped by 2096 bps to 2.93% in 2023, then jumped by 541 bps to 12.93% in 2024, then sank by 165 bps to 8.42% in 2025, then soared by 133 bps to 2.81% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 2.81% in Q1 2026, 8.42% in Q1 2025, and 12.93% in Q4 2024.