Growth Metrics

Baxter International (BAX) FCF Payout Ratio (2009 - 2026)

Baxter International (BAX) reported FCF Payout Ratio of 0.07 for Q1 2026, up 123.82% year-over-year from 0.03 in Q1 2025, and down 66.42% on a QoQ basis from 0.2 in Q4 2025.

Baxter International (BAX) has 18 years of FCF Payout Ratio data on file, last reported at 0.07 in Q1 2026.

  • Quarterly FCF Payout Ratio rose 123.82% year-over-year to 0.07 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.37 (down 93.04% YoY) and the FY2025 annual result came in at 1.05, down 33.73% from the prior year.
  • FCF Payout Ratio eased to 0.07 in Q1 2026 per BAX's latest filing, from 0.2 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.06 in Q1 2022 and bottomed at 3.42 in Q1 2024.
  • The 5-year median for FCF Payout Ratio is 0.41 (2024), against an average of 0.24.
  • The widest annual swing landed in 2022, when FCF Payout Ratio soared 300.86%; it then sank 835.23% in 2024.
  • Tracing BAX's FCF Payout Ratio over 5 years: stood at 0.75 in 2022, then surged by 144.73% to 0.33 in 2023, then soared by 181.41% to 0.94 in 2024, then sank by 79.21% to 0.2 in 2025, then slumped by 66.42% to 0.07 in 2026.
  • Per Business Quant, the three latest BAX FCF Payout Ratio figures stand at 0.07 (Q1 2026), 0.2 (Q4 2025), and 0.69 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn -
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 0.53
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 0.17
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 0.25
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn -
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn -
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn -
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 0.07
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 0.58
10 Repligen 6.39 Bn 5.41 Bn 108.28 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.07
Dec 31, 2025 0.20
Sep 30, 2025 0.69
Jun 30, 2025 1.13
Mar 31, 2025 -0.28
Dec 31, 2024 0.94
Sep 30, 2024 0.41
Jun 30, 2024 -1.40
Mar 31, 2024 -3.42
Dec 31, 2023 0.33
Sep 30, 2023 0.37
Jun 30, 2023 1.09
Mar 31, 2023 0.46
Dec 31, 2022 -0.75
Sep 30, 2022 1.14
Jun 30, 2022 1.07
Mar 31, 2022 2.06
Dec 31, 2021 0.27
Sep 30, 2021 0.28
Jun 30, 2021 0.45
Mar 31, 2021 0.61
Dec 31, 2020 0.26
Sep 30, 2020 0.36
Jun 30, 2020 0.54
Mar 31, 2020 1.11
Dec 31, 2019 0.20
Sep 30, 2019 0.22
Jun 30, 2019 0.38
Mar 31, 2019 -1.66
Dec 31, 2018 0.17
Sep 30, 2018 0.31
Jun 30, 2018 0.41
Mar 31, 2018 0.31
Dec 31, 2017 0.64
Sep 30, 2017 0.18
Jun 30, 2017 0.19
Mar 31, 2017 1.06
Dec 31, 2016 0.14
Sep 30, 2016 0.19
Jun 30, 2016 0.15
Mar 31, 2016 -0.18
Dec 31, 2015 2.71
Sep 30, 2015 13.48
Jun 30, 2015 0.46
Mar 31, 2015 -1.17
Dec 31, 2014 -0.23
Sep 30, 2014 0.25
Jun 30, 2014 1.51
Mar 31, 2014 1.93
Dec 31, 2013 0.19
Sep 30, 2013 0.47
Jun 30, 2013 0.59
Mar 31, 2013 2.62
Dec 31, 2012 0.45
Sep 30, 2012 0.38
Jun 30, 2012 0.26
Mar 31, 2012 0.91
Dec 31, 2011 0.30
Sep 30, 2011 0.26
Jun 30, 2011 0.42
Mar 31, 2011 1.04
Dec 31, 2010 0.25
Sep 30, 2010 0.22
Jun 30, 2010 0.32
Mar 31, 2010 3.55
Dec 31, 2009 0.26
Sep 30, 2009 0.25
Jun 30, 2009 0.27
Mar 31, 2009 2.42