Baxter International (BAX) Total Debt (2009 - 2026)
Baxter International (BAX) posted quarterly Total Debt of $9.5 billion for Q2 2026, little changed year-over-year from $9.5 billion in Q2 2025, and little changed quarter-over-quarter from $9.5 billion in Q1 2026.
Baxter International (BAX) Total Debt (2009 - 2026) Analysis & Trends
Baxter International (BAX) has reported Total Debt for 18 consecutive years, with $9.5 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Debt changed 0.41% year-over-year to $9.5 billion; the TTM figure through Jun 2026 stood at $9.5 billion (changed 0.41% YoY), while the FY2025 annual figure was $9.5 billion, down 24.2% from the prior year.
- Total Debt held at $9.5 billion in Q2 2026 per BAX's latest filing, from $9.5 billion in the prior quarter.
- Across five years, Total Debt topped out at $16.4 billion in Q3 2022 and bottomed at $384.0 million in Q1 2022.
- Historically, Total Debt has averaged $11.4 billion across 5 years, with a median of $12.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Total Debt soared 5357.81% — and 2025, when it declined 26.69%.
- Baxter International's Total Debt stood at $16.3 billion in 2022, then declined by 15.8% to $13.8 billion in 2023, then fell by 9.13% to $12.5 billion in 2024, then retreated by 24.2% to $9.5 billion in 2025, then decreased by 0.17% to $9.5 billion in 2026.
- Business Quant data shows BAX's Total Debt at $9.5 billion in Q2 2026, $9.5 billion in Q1 2026, and $9.5 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | - |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 16.81 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 4.72 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 659.37 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 12.58 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 202.90 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 5.08 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 2.46 Bn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 9.46 Bn |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.46 Bn |
| Mar 31, 2026 | 8.62 Bn |
| Dec 31, 2025 | 9.47 Bn |
| Sep 30, 2025 | 8.75 Bn |
| Jun 30, 2025 | 9.49 Bn |
| Mar 31, 2025 | 9.42 Bn |
| Dec 31, 2024 | 12.50 Bn |
| Sep 30, 2024 | 12.94 Bn |
| Jun 30, 2024 | 12.90 Bn |
| Mar 31, 2024 | 13.73 Bn |
| Dec 31, 2023 | 13.76 Bn |
| Sep 30, 2023 | 15.98 Bn |
| Jun 30, 2023 | 16.23 Bn |
| Mar 31, 2023 | 16.38 Bn |
| Dec 31, 2022 | 15.53 Bn |
| Sep 30, 2022 | 16.16 Bn |
| Jun 30, 2022 | 555.00 Mn |
| Mar 31, 2022 | 375.00 Mn |
| Dec 31, 2021 | 17.36 Bn |
| Sep 30, 2021 | 301.00 Mn |