Baxter International (BAX) Inventory (2009 - 2026)
Baxter International (BAX) reported Inventory of $2.26 billion for Q2 2026, down 5.2% from $2.38 billion a year earlier and down 2.5% from the prior quarter.
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Analysis
Baxter International (BAX) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Inventory of $2.23 billion, up 9.1% from FY2024.
- Inventory has a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- By year, Inventory came in at $2.05 billion in FY2024 (+6.7%), $1.92 billion in FY2023 (-28.4%), $2.68 billion in FY2022 (+9.2%) and $2.45 billion in FY2021 (+28.0%).
- Five-year quarterly Inventory spans a low of $1.92 billion in Q4 2023 and a high of $2.99 billion in Q1 2024.
- Year over year, Inventory gained in four of the last eight quarters, with an average decline of 5.0%.
- The high point for year-over-year Inventory in five years was Q3 2022 (growth of 32.1%); the low point was Q4 2023 (a decline of 28.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.32 billion (Q1 2026), $2.23 billion (Q4 2025) and $2.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.63 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 7.32 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 3.26 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 2.03 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 6.22 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 5.52 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 3.24 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 1.13 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 3.32 Bn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 2.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.26 Bn |
| Mar 31, 2026 | 2.32 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 2.38 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 2.10 Bn |
| Jun 30, 2024 | 2.99 Bn |
| Mar 31, 2024 | 2.99 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 2.87 Bn |
| Jun 30, 2023 | 2.90 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 2.68 Bn |
| Sep 30, 2022 | 2.68 Bn |
| Jun 30, 2022 | 2.66 Bn |
| Mar 31, 2022 | 2.55 Bn |
| Dec 31, 2021 | 2.45 Bn |
| Sep 30, 2021 | 2.03 Bn |
API Access
Baxter International Inventory 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=inventory&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();