Baxter International (BAX) Inventory (2009 - 2026)
Baxter International (BAX) reported Inventory of $2.3 billion for Q3 2026, down 6.5% from $2.46 billion a year earlier but up 1.8% 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 2.5%.
- 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 Q3 2026 came in at $2.26 billion (Q2 2026), $2.32 billion (Q1 2026) and $2.23 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 5.64 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.34 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 3.13 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 2.13 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 6.22 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 5.75 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 3.32 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 1.16 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.81 Bn |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 2.30 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.30 Bn |
| 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 |
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();