Baxter International (BAX) Interest Expenses (2009 - 2019)
Baxter International's Interest Expenses came in at $28 million for Q2 2019, up 16.7% from $24 million a year earlier and up 12.0% from the prior quarter.
Baxter International (BAX) Interest Expenses (2009 - 2019) Analysis & Trends
Over the trailing twelve months to Jun 30, 2019, Baxter International reported Interest Expenses of $100 million, up 9.9% year-over-year; for FY2018, it came in at $93 million, up 9.4% from FY2017.
- Interest Expenses carries a five-year compound annual growth rate of -9.7% (FY2013 to FY2018).
- Going back by year, Interest Expenses was $85 million in FY2017 (-4.5%), $89 million in FY2016 (-39.0%), $146 million in FY2015 (-12.6%) and $167 million in FY2014 (+7.7%).
- The Q2 2019 figure represents the highest quarterly Interest Expenses since Q1 2016.
- Year-over-year, Interest Expenses increased in seven of the last eight quarters, with growth averaging 11.1%.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2017 (growth of 31.3%), and the weakest in Q2 2016 (a decline of 55.6%).
- Business Quant data shows BAX's Interest Expenses at $25 million (Q1 2019), $23 million (Q4 2018) and $24 million (Q3 2018) in the three quarters before Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 401.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 351.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 107.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 186.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 141.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 96.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 132.00 Mn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 28.00 Mn |
| Mar 31, 2019 | 25.00 Mn |
| Dec 31, 2018 | 23.00 Mn |
| Sep 30, 2018 | 24.00 Mn |
| Jun 30, 2018 | 24.00 Mn |
| Mar 31, 2018 | 22.00 Mn |
| Dec 31, 2017 | 23.00 Mn |
| Sep 30, 2017 | 22.00 Mn |
| Jun 30, 2017 | 21.00 Mn |
| Mar 31, 2017 | 20.00 Mn |
| Dec 31, 2016 | 20.00 Mn |
| Sep 30, 2016 | 20.00 Mn |
| Jun 30, 2016 | 16.00 Mn |
| Mar 31, 2016 | 33.00 Mn |
| Dec 31, 2015 | 37.00 Mn |
| Sep 30, 2015 | 38.00 Mn |
| Jun 30, 2015 | 36.00 Mn |
| Mar 31, 2015 | 35.00 Mn |
| Dec 31, 2014 | 36.00 Mn |
| Sep 30, 2014 | 36.00 Mn |
Baxter International Interest Expenses 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=interest-expenses&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();