Baxter International (BAX) Non-Current Assets (2009 - 2026)
Baxter International (BAX) reported Non-Current Assets of $12.8 billion for Q2 2026, down 10.5% from $14.3 billion a year earlier and down 1.5% from the prior quarter.
Powered by 
Analysis
Baxter International (BAX) Non-Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International posted Non-Current Assets of $13.18 billion, down 22.1% from FY2024.
- Non-Current Assets has declined for four consecutive years, though with a five-year compound annual growth rate of 2.6% (FY2020 to FY2025).
- By year, Non-Current Assets came in at $16.93 billion in FY2024 (-9.4%), $18.68 billion in FY2023 (-7.9%), $20.28 billion in FY2022 (-17.7%) and $24.65 billion in FY2021 (+112.3%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Assets since Q3 2021.
- Year over year, Non-Current Assets has now declined in each of the last 15 quarters, with an average decline of 14.7% over the last eight quarters.
- The high point for year-over-year Non-Current Assets in five years was Q4 2021 (growth of 112.3%); the low point was Q1 2025 (a decline of 22.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13 billion (Q1 2026), $13.18 billion (Q4 2025) and $14.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 89.81 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 84.70 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 78.99 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 11.33 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 68.92 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 33.51 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 37.24 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 7.05 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 42.59 Bn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 12.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.80 Bn |
| Mar 31, 2026 | 13.00 Bn |
| Dec 31, 2025 | 13.18 Bn |
| Sep 30, 2025 | 14.13 Bn |
| Jun 30, 2025 | 14.30 Bn |
| Mar 31, 2025 | 14.27 Bn |
| Dec 31, 2024 | 16.93 Bn |
| Sep 30, 2024 | 17.81 Bn |
| Jun 30, 2024 | 17.72 Bn |
| Mar 31, 2024 | 18.39 Bn |
| Dec 31, 2023 | 18.68 Bn |
| Sep 30, 2023 | 18.62 Bn |
| Jun 30, 2023 | 19.68 Bn |
| Mar 31, 2023 | 20.19 Bn |
| Dec 31, 2022 | 20.28 Bn |
| Sep 30, 2022 | 20.16 Bn |
| Jun 30, 2022 | 23.95 Bn |
| Mar 31, 2022 | 24.54 Bn |
| Dec 31, 2021 | 24.65 Bn |
| Sep 30, 2021 | 11.64 Bn |
API Access
Baxter International Non-Current Assets 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=non-current-assets&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();