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
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