Baxter International (BAX) Net Cash Flow (2009 - 2026)
Baxter International's Net Cash Flow was $149 million in Q2 2026, compared with -$566 million a year earlier and up 115.9% from the prior quarter.
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Analysis
Baxter International (BAX) Net Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baxter International's Net Cash Flow was $514 million through Jun 30, 2026; for FY2025, it was -$424 million.
- In earlier years, Net Cash Flow was -$688 million in FY2024, $1.45 billion in FY2023, -$1.16 billion in FY2022 and -$733 million in FY2021.
- Quarterly Net Cash Flow has moved between -$2.63 billion (Q4 2023) and $4.09 billion (Q3 2023) over five years.
- Per Business Quant data, BAX's Net Cash Flow in the three quarters before Q2 2026 was $69 million (Q1 2026), $251 million (Q4 2025) and $45 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn | 718.00 Mn |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn | -1.70 Bn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn | -1.34 Bn |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn | 746.50 Mn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn | -169.00 Mn |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn | 527.00 Mn |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn | -892.00 Mn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 458.40 Mn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn | -42.00 Mn |
| 10 | Baxter International | 12.22 Bn | 4.32 Bn | 1.03 Bn | 149.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 149.00 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 251.00 Mn |
| Sep 30, 2025 | 45.00 Mn |
| Jun 30, 2025 | -566.00 Mn |
| Mar 31, 2025 | -154.00 Mn |
| Dec 31, 2024 | 424.00 Mn |
| Sep 30, 2024 | -57.00 Mn |
| Jun 30, 2024 | -912.00 Mn |
| Mar 31, 2024 | -143.00 Mn |
| Dec 31, 2023 | -2.63 Bn |
| Sep 30, 2023 | 4.09 Bn |
| Jun 30, 2023 | 58.00 Mn |
| Mar 31, 2023 | -63.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | -196.00 Mn |
| Jun 30, 2022 | -382.00 Mn |
| Mar 31, 2022 | -644.00 Mn |
| Dec 31, 2021 | -298.00 Mn |
| Sep 30, 2021 | 144.00 Mn |
API Access
Baxter International Net Cash Flow 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=net-cash-flow&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();