Baxter International (BAX) Retained Earnings (2009 - 2026)
Baxter International (BAX) posted quarterly Retained Earnings of $13.8 billion for Q2 2026, down 7.78% year-over-year from $15.0 billion in Q2 2025, and up 0.88% quarter-over-quarter from $13.7 billion in Q1 2026.
Baxter International (BAX) Retained Earnings (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Retained Earnings for 18 consecutive years, with $13.8 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Retained Earnings fell 7.78% year-over-year to $13.8 billion; the TTM figure through Jun 2026 stood at $13.8 billion (down 7.78% YoY), while the FY2025 annual figure was $13.7 billion, down 8.2% from the prior year.
- Retained Earnings rose to $13.8 billion in Q2 2026 per BAX's latest filing, from $13.7 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $17.1 billion in Q2 2022 and bottomed at -$120.0 million in Q4 2023.
- Historically, Retained Earnings has averaged $13.3 billion across 5 years, with a median of $14.9 billion in 2024.
- Annual changes were most pronounced in 2023 — Retained Earnings dropped 20.14% — and 2024, when it jumped 12540.83%.
- Baxter International's Retained Earnings stood at -$119.0 million in 2022, then fell by 0.84% to -$120.0 million in 2023, then surged by 12540.83% to $14.9 billion in 2024, then dropped by 8.2% to $13.7 billion in 2025, then rose by 0.74% to $13.8 billion in 2026.
- Business Quant data shows BAX's Retained Earnings at $13.8 billion in Q2 2026, $13.7 billion in Q1 2026, and $13.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 6.84 Bn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 17.51 Bn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 7.26 Bn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 11.40 Bn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 4.62 Bn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 3.92 Bn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 7.70 Bn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 13.81 Bn |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 2.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.81 Bn |
| Mar 31, 2026 | 13.69 Bn |
| Dec 31, 2025 | 13.71 Bn |
| Sep 30, 2025 | 14.84 Bn |
| Jun 30, 2025 | 14.97 Bn |
| Mar 31, 2025 | -3.94 Bn |
| Dec 31, 2024 | -4.01 Bn |
| Sep 30, 2024 | 15.53 Bn |
| Jun 30, 2024 | -3.83 Bn |
| Mar 31, 2024 | -3.72 Bn |
| Dec 31, 2023 | -120.00 Mn |
| Sep 30, 2023 | 16.02 Bn |
| Jun 30, 2023 | -3.81 Bn |
| Mar 31, 2023 | 13.95 Bn |
| Dec 31, 2022 | -119.00 Mn |
| Sep 30, 2022 | 14.02 Bn |
| Jun 30, 2022 | 17.10 Bn |
| Mar 31, 2022 | 16.99 Bn |
| Dec 31, 2021 | -126.00 Mn |
| Sep 30, 2021 | 16.97 Bn |