Baxter International (BAX) Operating Leases (2019 - 2026)

Baxter International (BAX) reported Operating Leases of $224.0 million for Q1 2026, down 4.68% year-over-year from $235.0 million in Q1 2025, and little changed quarter-over-quarter from $223.0 million in Q4 2025.

Baxter International (BAX) Operating Leases (2019 - 2026) Analysis & Trends

Baxter International (BAX) has 8 years of Operating Leases data on file, last reported at $224.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $224.0 million, down 4.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $224.0 million (down 4.68% YoY), and the FY2025 annual result was $223.0 million, down 8.23% from the prior year.
  • Operating Leases held at $224.0 million in Q1 2026 per BAX's latest filing, from $223.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $567.0 million in Q4 2022 and troughed at $210.0 million in Q3 2025.
  • A 5-year average of $358.7 million and a median of $436.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases climbed 8.62% in 2022, then tumbled 53.26% in 2023.
  • A 5-year view of Operating Leases shows it stood at $567.0 million in 2022, then tumbled by 53.26% to $265.0 million in 2023, then dropped by 8.3% to $243.0 million in 2024, then declined by 8.23% to $223.0 million in 2025, then grew by 0.45% to $224.0 million in 2026.
  • Business Quant data shows BAX's Operating Leases at $224.0 million in Q1 2026, $223.0 million in Q4 2025, and $210.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 224.00 Mn
Dec 31, 2025 223.00 Mn
Sep 30, 2025 210.00 Mn
Jun 30, 2025 225.00 Mn
Mar 31, 2025 235.00 Mn
Dec 31, 2024 243.00 Mn
Sep 30, 2024 259.00 Mn
Jun 30, 2024 439.00 Mn
Mar 31, 2024 444.00 Mn
Dec 31, 2023 265.00 Mn
Sep 30, 2023 436.00 Mn
Jun 30, 2023 438.00 Mn
Mar 31, 2023 458.00 Mn
Dec 31, 2022 567.00 Mn
Sep 30, 2022 454.00 Mn
Jun 30, 2022 470.00 Mn
Mar 31, 2022 508.00 Mn
Dec 31, 2021 522.00 Mn
Sep 30, 2021 484.00 Mn
Jun 30, 2021 469.00 Mn