Baxter International (BAX) Total Debt (2009 - 2026)

Baxter International (BAX) reported Total Debt of $9.5 billion for Q1 2026, down 5.96% year-over-year from $10.1 billion in Q1 2025, and little changed quarter-over-quarter from $9.5 billion in Q4 2025.

Baxter International (BAX) Total Debt (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Total Debt data on file, last reported at $9.5 billion in Q1 2026.

  • Total Debt for Q1 2026 came in at $9.5 billion, down 5.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 billion (down 5.96% YoY), and the FY2025 annual result was $9.5 billion, down 13.86% from the prior year.
  • Total Debt held at $9.5 billion in Q1 2026 per BAX's latest filing, from $9.5 billion in the prior quarter.
  • Over five years, Total Debt peaked at $17.0 billion in Q1 2022 and troughed at $9.5 billion in Q1 2026.
  • A 5-year average of $12.9 billion and a median of $12.9 billion in 2024 frame the typical range for Total Debt.
  • The sharpest annual moves came in 2022 and 2023: Total Debt surged 190.5% in 2022, then slipped 28.6% in 2023.
  • A 5-year view of Total Debt shows it stood at $15.5 billion in 2022, then declined by 28.6% to $11.1 billion in 2023, then retreated by 0.8% to $11.0 billion in 2024, then slipped by 13.86% to $9.5 billion in 2025, then retreated by 0.13% to $9.5 billion in 2026.
  • Business Quant data shows BAX's Total Debt at $9.5 billion in Q1 2026, $9.5 billion in Q4 2025, and $9.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (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 17.28 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 12.57 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 259.93 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 202.80 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 5.08 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 2.46 Bn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn -
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 9.46 Bn
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 1.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.46 Bn
Dec 31, 2025 9.48 Bn
Sep 30, 2025 9.50 Bn
Jun 30, 2025 9.50 Bn
Mar 31, 2025 10.06 Bn
Dec 31, 2024 11.00 Bn
Sep 30, 2024 12.94 Bn
Jun 30, 2024 12.90 Bn
Mar 31, 2024 13.73 Bn
Dec 31, 2023 11.09 Bn
Sep 30, 2023 14.58 Bn
Jun 30, 2023 14.56 Bn
Mar 31, 2023 15.33 Bn
Dec 31, 2022 15.53 Bn
Sep 30, 2022 16.43 Bn
Jun 30, 2022 16.48 Bn
Mar 31, 2022 16.97 Bn
Dec 31, 2021 17.45 Bn
Sep 30, 2021 5.66 Bn
Jun 30, 2021 5.76 Bn