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

Baxter International's (BAX) quarterly Total Debt came in at $8.6 billion in Q1 2026, down 8.51% year-on-year from $9.4 billion in Q1 2025, and down 9.0% on a QoQ basis 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 $8.6 billion in Q1 2026.

  • On a quarterly basis, Total Debt fell 8.51% year-over-year to $8.6 billion in Q1 2026; TTM through Mar 2026 was $8.6 billion, a 8.51% decrease from a year earlier, with the FY2025 full-year figure at $9.5 billion, down 24.21% from the prior year.
  • Total Debt for Q1 2026 stood at $8.6 billion, down from $9.5 billion in the prior quarter.
  • Over the last five years, Total Debt for BAX reached as high as $16.4 billion in Q1 2023 and fell as low as $375.0 million in Q1 2022.
  • Historically, Total Debt has averaged $11.3 billion across 5 years, with a median of $12.9 billion in 2024.
  • Across the five-year window, Total Debt soared 5267.77% in 2022 and plunged 32.35% in 2025, its largest moves.
  • Year by year, Total Debt stood at $15.5 billion in 2022, then declined by 11.43% to $13.8 billion in 2023, then decreased by 9.13% to $12.5 billion in 2024, then retreated by 24.21% to $9.5 billion in 2025, then dropped by 9.0% to $8.6 billion in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $8.6 billion in Q1 2026, $9.5 billion in Q4 2025, and $8.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 4.16 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 17.28 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 12.57 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 664.10 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 202.90 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 2.46 Bn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 5.08 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 8.62 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 406.00 Mn