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
DateValue
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