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% quarter-over-quarter from 0.2 in Q4 2025.
Baxter International (BAX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Baxter International (BAX) has 18 years of FCF Payout Ratio data on file, last reported at 0.07 in Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.07, up 123.82% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.37 (down 93.04% YoY), and the FY2025 annual result was 1.05, down 33.73% from the prior year.
- FCF Payout Ratio slipped to 0.07 in Q1 2026 per BAX's latest filing, from 0.2 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 2.06 in Q1 2022 and troughed at 3.42 in Q1 2024.
- A 5-year average of 0.24 and a median of 0.41 in 2024 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio surged 300.86% in 2022, then tumbled 835.23% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 0.75 in 2022, then jumped by 144.73% to 0.33 in 2023, then surged by 181.41% to 0.94 in 2024, then tumbled by 79.21% to 0.2 in 2025, then plunged by 66.42% to 0.07 in 2026.
- Business Quant data shows BAX's FCF Payout Ratio at 0.07 in Q1 2026, 0.2 in Q4 2025, and 0.69 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 0.53 |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 0.03 |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 0.17 |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 0.25 |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | - |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | - |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | - |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 0.07 |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |