Baxter International (BAX) Inventory (2009 - 2026)
Baxter International's (BAX) quarterly Inventory came in at $2.3 billion in Q2 2026, down 5.24% year-over-year from $2.4 billion in Q2 2025, and down 2.46% quarter-over-quarter from $2.3 billion in Q1 2026.
Analysis
Baxter International (BAX) Inventory (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Inventory for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory fell 5.24% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 5.24% decrease from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 9.09% from the prior year.
- Inventory was $2.3 billion for Q2 2026 at Baxter International, down from $2.3 billion in the prior quarter.
- Over five years, Inventory peaked at $3.0 billion in Q1 2024 and troughed at $1.9 billion in Q4 2023.
- A 5-year average of $2.5 billion and a median of $2.5 billion in 2022 frame the typical range for Inventory.
- Across the five-year window, Inventory soared 32.1% in 2022 and fell 28.41% in 2023, its largest moves.
- Over 5 years, Inventory stood at $2.7 billion in 2022, then slipped by 28.41% to $1.9 billion in 2023, then grew by 6.67% to $2.0 billion in 2024, then climbed by 9.09% to $2.2 billion in 2025, then increased by 1.21% to $2.3 billion in 2026.
- The last three Inventory figures came in at $2.3 billion (Q2 2026), $2.3 billion (Q1 2026), and $2.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Becton Dickinson | 49.48 Bn | 48.62 Bn | 2.32 Bn | 3.32 Bn |
| 2 | Medline | 29.24 Bn | 26.56 Bn | 2.22 Bn | 4.67 Bn |
| 3 | West Pharmaceutical Services | 23.94 Bn | 23.51 Bn | 329.20 Mn | 447.40 Mn |
| 4 | Baxter International | 12.66 Bn | 10.51 Bn | 1.03 Bn | 2.26 Bn |
| 5 | Stevanato Group S.p.A | 5.51 Bn | 5.40 Bn | 100.91 Mn | 359.16 Mn |
| 6 | Acme United | 233.67 Mn | 228.63 Mn | 26.69 Mn | 64.10 Mn |
| 7 | Rockwell Medical | 31.87 Mn | 7.07 Mn | 3.24 Mn | 2.82 Mn |
| 8 | Retractable Technologies | 21.39 Mn | -18.48 Mn | 190,852.00 | 15.93 Mn |
| 9 | United Health Products | 9.09 Mn | 9.06 Mn | - | - |
| 10 | Cuprina Holdings (Cayman) | 7.45 Mn | 4.33 Mn | - | - |
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 |