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% on a QoQ basis from -$104.0 million in Q4 2025.
Baxter International (BAX) has 18 years of Other Working Capital Changes data on file, last reported at -$13.0 million in Q1 2026.
- Quarterly Other Working Capital Changes rose 74.51% year-over-year to -$13.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$34.0 million (up 60.47% YoY) and the FY2025 annual result came in at -$72.0 million, down 132.26% from the prior year.
- Other Working Capital Changes rose to -$13.0 million in Q1 2026 per BAX's latest filing, from -$104.0 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $101.0 million in Q2 2022 and bottomed at -$197.0 million in Q4 2022.
- The 5-year median for Other Working Capital Changes is $4.0 million (2024), against an average of -$12.9 million.
- Peak annual rise in Other Working Capital Changes reached 448.28% in 2022, while the deepest fall reached 2050.0% in 2022.
- Tracing BAX's Other Working Capital Changes over 5 years: stood at -$197.0 million in 2022, then surged by 125.38% to $50.0 million in 2023, then fell by 20.0% to $40.0 million in 2024, then plunged by 360.0% to -$104.0 million in 2025, then surged by 87.5% to -$13.0 million in 2026.
- Per Business Quant, the three latest BAX Other Working Capital Changes figures stand at -$13.0 million (Q1 2026), -$104.0 million (Q4 2025), and $73.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 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 |
| Sep 30, 2023 | -37.00 Mn |
| Sep 30, 2023 | -37.00 Mn |
| Jun 30, 2023 | -57.00 Mn |
| Jun 30, 2023 | -57.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 31, 2022 | -197.00 Mn |
| Dec 31, 2022 | -197.00 Mn |
| Sep 30, 2022 | 48.00 Mn |
| Sep 30, 2022 | 48.00 Mn |
| Jun 30, 2022 | 101.00 Mn |
| Jun 30, 2022 | 101.00 Mn |
| Mar 31, 2022 | -43.00 Mn |
| Mar 31, 2022 | -43.00 Mn |
| Dec 31, 2021 | -188.00 Mn |
| Dec 31, 2021 | -188.00 Mn |
| Sep 30, 2021 | 82.00 Mn |
| Sep 30, 2021 | 82.00 Mn |
| Jun 30, 2021 | -29.00 Mn |
| Jun 30, 2021 | -29.00 Mn |
| Mar 31, 2021 | -2.00 Mn |
| Mar 31, 2021 | -2.00 Mn |
| Dec 31, 2020 | -157.00 Mn |
| Dec 31, 2020 | -157.00 Mn |
| Sep 30, 2020 | 121.00 Mn |
| Sep 30, 2020 | 121.00 Mn |
| Jun 30, 2020 | -75.00 Mn |
| Jun 30, 2020 | -75.00 Mn |
| Mar 31, 2020 | 14.00 Mn |
| Mar 31, 2020 | 14.00 Mn |
| Dec 31, 2019 | 176.00 Mn |
| Dec 31, 2019 | 176.00 Mn |
| Sep 30, 2019 | -59.00 Mn |
| Sep 30, 2019 | -59.00 Mn |
| Jun 30, 2019 | -38.00 Mn |
| Jun 30, 2019 | -38.00 Mn |
| Mar 31, 2019 | -48.00 Mn |
| Mar 31, 2019 | -48.00 Mn |
| Dec 31, 2018 | -4.00 Mn |
| Dec 31, 2018 | -4.00 Mn |
| Sep 30, 2018 | -13.00 Mn |
| Sep 30, 2018 | -13.00 Mn |
| Jun 30, 2018 | -48.00 Mn |
| Jun 30, 2018 | -48.00 Mn |
| Mar 31, 2018 | -34.00 Mn |
| Mar 31, 2018 | -34.00 Mn |
| Dec 31, 2017 | -132.00 Mn |
| Dec 31, 2017 | -132.00 Mn |
| Jun 30, 2017 | -33.00 Mn |
| Jun 30, 2017 | -33.00 Mn |
| Mar 31, 2017 | -62.00 Mn |
| Mar 31, 2017 | -62.00 Mn |
| Dec 31, 2016 | -31.00 Mn |
| Dec 31, 2016 | -31.00 Mn |
| Sep 30, 2016 | 60.00 Mn |
| Sep 30, 2016 | 60.00 Mn |
| Jun 30, 2016 | 169.00 Mn |
| Jun 30, 2016 | 169.00 Mn |
| Mar 31, 2016 | -108.00 Mn |
| Mar 31, 2016 | -108.00 Mn |
| Dec 31, 2015 | -148.00 Mn |
| Dec 31, 2015 | -148.00 Mn |
| Sep 30, 2015 | -100.00 Mn |
| Sep 30, 2015 | -100.00 Mn |
| Jun 30, 2015 | -114.00 Mn |
| Jun 30, 2015 | -114.00 Mn |
| Mar 31, 2015 | -2.00 Mn |
| Mar 31, 2015 | -2.00 Mn |
| Dec 31, 2014 | 117.00 Mn |
| Dec 31, 2014 | 117.00 Mn |
| Sep 30, 2014 | -96.00 Mn |
| Sep 30, 2014 | -96.00 Mn |
| Jun 30, 2014 | -42.00 Mn |
| Jun 30, 2014 | -42.00 Mn |
| Mar 31, 2014 | 4.00 Mn |
| Mar 31, 2014 | 4.00 Mn |
| Dec 31, 2013 | 99.00 Mn |
| Dec 31, 2013 | 99.00 Mn |
| Sep 30, 2013 | -54.00 Mn |
| Sep 30, 2013 | -54.00 Mn |
| Jun 30, 2013 | 19.00 Mn |
| Jun 30, 2013 | 19.00 Mn |
| Mar 31, 2013 | -90.00 Mn |
| Mar 31, 2013 | -90.00 Mn |
| Dec 31, 2012 | -327.00 Mn |
| Dec 31, 2012 | -327.00 Mn |
| Sep 30, 2012 | 36.00 Mn |
| Sep 30, 2012 | 36.00 Mn |
| Jun 30, 2012 | 45.00 Mn |
| Jun 30, 2012 | 45.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Dec 31, 2011 | -285.00 Mn |
| Dec 31, 2011 | -285.00 Mn |
| Sep 30, 2011 | -76.00 Mn |
| Sep 30, 2011 | -76.00 Mn |
| Jun 30, 2011 | -48.00 Mn |
| Jun 30, 2011 | -48.00 Mn |
| Mar 31, 2011 | 162.00 Mn |
| Mar 31, 2011 | 162.00 Mn |
| Dec 31, 2010 | -382.00 Mn |
| Dec 31, 2010 | -382.00 Mn |
| Sep 30, 2010 | 30.00 Mn |
| Sep 30, 2010 | 30.00 Mn |
| Jun 30, 2010 | -93.00 Mn |
| Jun 30, 2010 | -93.00 Mn |
| Mar 31, 2010 | 263.00 Mn |
| Mar 31, 2010 | 263.00 Mn |
| Dec 31, 2009 | -23.00 Mn |
| Dec 31, 2009 | -23.00 Mn |
| Sep 30, 2009 | 14.00 Mn |
| Sep 30, 2009 | 14.00 Mn |
| Jun 30, 2009 | 159.00 Mn |
| Jun 30, 2009 | 159.00 Mn |
| Mar 31, 2009 | -91.00 Mn |
| Mar 31, 2009 | -91.00 Mn |