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| Date | Value |
|---|---|
| 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 |