Baxter International (BAX) FCF Payout Ratio (2009 - 2026)
Baxter International (BAX) posted quarterly FCF Payout Ratio of 0.03 for Q2 2026, down 94.57% year-over-year from 0.51 in Q2 2025, and down 58.01% quarter-over-quarter from 0.07 in Q1 2026.
Baxter International (BAX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported FCF Payout Ratio for 18 consecutive years, with 0.03 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 94.57% year-over-year to 0.03; the TTM figure through Jun 2026 stood at 0.22 (down 84.59% YoY), while the FY2025 annual figure was 0.79, down 22.84% from the prior year.
- FCF Payout Ratio eased to 0.03 in Q2 2026 per BAX's latest filing, from 0.07 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 3.33 in Q2 2024 and bottomed at 0.28 in Q1 2025.
- Historically, FCF Payout Ratio has averaged 0.87 across 5 years, with a median of 0.49 in 2023.
- Annual changes were most pronounced in 2024 — FCF Payout Ratio soared 492.45% — and 2025, when it slumped 109.96%.
- Baxter International's FCF Payout Ratio stood at 0.29 in 2022, then grew by 9.21% to 0.32 in 2023, then climbed by 29.48% to 0.41 in 2024, then tumbled by 53.8% to 0.19 in 2025, then slumped by 85.52% to 0.03 in 2026.
- Business Quant data shows BAX's FCF Payout Ratio at 0.03 in Q2 2026, 0.07 in Q1 2026, and 0.19 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | - |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 0.45 |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 0.22 |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 0.19 |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 0.19 |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | - |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 0.03 |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | -5.12 |
| Mar 31, 2025 | -0.39 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 1.26 |
| Jun 30, 2024 | 3.33 |
| Mar 31, 2024 | 2.77 |
| Dec 31, 2023 | -1.84 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | -31.00 |
| Sep 30, 2022 | 2.30 |
| Jun 30, 2022 | 6.13 |
| Mar 31, 2022 | 2.06 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |