Baxter International (BAX) Other Working Capital Changes (2020 - 2026)

Baxter International's (BAX) quarterly Other Working Capital Changes came in at -$13.0 million in Q1 2026, up 74.51% year-on-year from -$7.4 million in Q1 2025, and up 7.14% on a QoQ basis from -$14.0 million in Q4 2025.

Baxter International (BAX) Other Working Capital Changes (2020 - 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.

  • On a quarterly basis, Other Working Capital Changes rose 74.51% year-over-year to -$13.0 million in Q1 2026; TTM through Mar 2026 was -$43.0 million, a 28.33% increase from a year earlier, with the FY2025 full-year figure at -$81.0 million, down 161.29% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at -$13.0 million, up from -$14.0 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for BAX reached as high as $64.0 million in Q4 2024 and fell as low as -$104.0 million in Q4 2025.
  • Historically, Other Working Capital Changes has averaged $8.2 million across 5 years, with a median of $13.0 million in 2022.
  • Across the five-year window, Other Working Capital Changes plunged 4400.0% in 2022 and jumped 733.33% in 2023, its largest moves.
  • Year by year, Other Working Capital Changes stood at $6.0 million in 2022, then soared by 733.33% to $50.0 million in 2023, then declined by 20.0% to $40.0 million in 2024, then tumbled by 135.0% to -$14.0 million in 2025, then gained by 7.14% to -$13.0 million in 2026.
  • Per Business Quant data, the three most recent Other Working Capital Changes figures were -$13.0 million in Q1 2026, -$14.0 million in Q4 2025, and -$26.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.00 Mn
Mar 31, 2026 -2.00 Mn
Mar 31, 2026 -2.00 Mn
Dec 31, 2025 -104.00 Mn
Dec 31, 2025 -104.00 Mn
Dec 31, 2025 -104.00 Mn
Sep 30, 2025 42.00 Mn
Sep 30, 2025 42.00 Mn
Sep 30, 2025 42.00 Mn
Jun 30, 2025 -34.00 Mn
Jun 30, 2025 -34.00 Mn
Jun 30, 2025 -34.00 Mn
Mar 31, 2025 24.00 Mn
Mar 31, 2025 24.00 Mn
Mar 31, 2025 24.00 Mn
Dec 31, 2024 64.00 Mn
Dec 31, 2024 64.00 Mn
Dec 31, 2024 64.00 Mn
Sep 30, 2024 37.00 Mn
Sep 30, 2024 37.00 Mn