Baxter International (BAX) Other Working Capital Changes (2009 - 2026)
Baxter International (BAX) reported Other Working Capital Changes of -$13.0 million for Q1 2026, up 74.51% year-over-year from -$7.4 million in Q1 2025, and up 87.5% quarter-over-quarter from -$104.0 million in Q4 2025.
Baxter International (BAX) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Baxter International (BAX) has 18 years of Other Working Capital Changes data on file, last reported at -$13.0 million in Q1 2026.
- Other Working Capital Changes for Q1 2026 came in at -$13.0 million, up 74.51% year-over-year; the trailing twelve-month figure through Mar 2026 was -$34.0 million (up 60.47% YoY), and the FY2025 annual result was -$72.0 million, down 132.26% from the prior year.
- Other Working Capital Changes improved to -$13.0 million in Q1 2026 per BAX's latest filing, from -$104.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $101.0 million in Q2 2022 and troughed at -$197.0 million in Q4 2022.
- A 5-year average of -$12.9 million and a median of $4.0 million in 2024 frame the typical range for Other Working Capital Changes.
- On a YoY basis, Other Working Capital Changes climbed as much as 448.28% in 2022 and fell as far as 2050.0% in 2022.
- A 5-year view of Other Working Capital Changes shows it stood at -$197.0 million in 2022, then jumped by 125.38% to $50.0 million in 2023, then decreased by 20.0% to $40.0 million in 2024, then slumped by 360.0% to -$104.0 million in 2025, then jumped by 87.5% to -$13.0 million in 2026.
- Business Quant data shows BAX's Other Working Capital Changes at -$13.0 million in Q1 2026, -$104.0 million in Q4 2025, and $73.0 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 | -13.00 Mn |
| Mar 31, 2026 | -13.00 Mn |
| Dec 31, 2025 | -104.00 Mn |
| Dec 31, 2025 | -104.00 Mn |
| Sep 30, 2025 | 73.00 Mn |
| Sep 30, 2025 | 73.00 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Mar 31, 2025 | -51.00 Mn |
| Mar 31, 2025 | -51.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Sep 30, 2024 | -95.00 Mn |
| Sep 30, 2024 | -95.00 Mn |
| Jun 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | 20.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 50.00 Mn |
| Dec 31, 2023 | 50.00 Mn |