Baxter International (BAX) Net Cash Flow (2009 - 2026)
Baxter International's Net Cash Flow was -$172 million in Q3 2026, compared with $45 million a year earlier.
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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 $297 million through Sep 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.
- The Q3 2026 figure marks the lowest quarterly Net Cash Flow since Q2 2025.
- Per Business Quant data, BAX's Net Cash Flow in the three quarters before Q3 2026 was $149 million (Q2 2026), $69 million (Q1 2026) and $251 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 1.41 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | -1.05 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 1.32 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 228.30 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | -169.00 Mn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | -119.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 42.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 213.10 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | -3.00 Mn |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | -172.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -172.00 Mn |
| 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 | -1.03 Bn |
| Mar 31, 2024 | -143.00 Mn |
| Dec 31, 2023 | -2.63 Bn |
| Sep 30, 2023 | 4.09 Bn |
| Jun 30, 2023 | -293.39 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 |
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();