Baxter International (BAX) FCF Payout Ratio (2009 - 2026)
Baxter International's FCF Payout Ratio was 0.01 in Q3 2026, down 98.4% from 0.69 a year earlier and down 59.6% from the prior quarter.
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Analysis
Baxter International (BAX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baxter International's FCF Payout Ratio was 0.09 through Sep 30, 2026, down 92.7% year-over-year; for FY2025, it was 0.79, down 22.8% from FY2024.
- In earlier years, FCF Payout Ratio was 1.03 in FY2024 (+127.4%), 0.45 in FY2023 (-34.1%), 0.69 in FY2022 (+98.5%) and 0.35 in FY2021 (-15.0%).
- The Q3 2026 figure marks the lowest quarterly FCF Payout Ratio in data going back to Q1 2009.
- Compared with a year earlier, FCF Payout Ratio was higher in 1 of the last six quarters, with an average decline of 58.7%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q1 2024 (growth of 496.5%); the worst was Q3 2026 (a decline of 98.4%).
- Per Business Quant data, BAX's FCF Payout Ratio in the three quarters before Q3 2026 was 0.03 (Q2 2026), 0.07 (Q1 2026) and 0.19 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 0.08 |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 0.89 |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 0.71 |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | - |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | - |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.01 |
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.51 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 1.24 |
| Mar 31, 2024 | 2.77 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 1.13 |
| Jun 30, 2022 | 1.03 |
| Mar 31, 2022 | 2.06 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.39 |
| Mar 31, 2021 | 0.61 |
API Access
Baxter International FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();