Baxter International (BAX) Treasury Shares (2009 - 2026)
Baxter International (BAX) recorded Treasury Shares of $10.71 billion in Q2 2026, down 1.9% from $10.92 billion a year earlier and down 0.3% from the prior quarter.
Baxter International (BAX) Treasury Shares (2009 - 2026) Analysis & Trends
At the end of FY2025, Baxter International reported Treasury Shares of $10.87 billion, down 1.7% from FY2024.
- Annual Treasury Shares has declined for four straight years, with a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- Across earlier years, Treasury Shares came in at $11.06 billion in FY2024 (-1.5%), $11.23 billion in FY2023 (-1.4%), $11.39 billion in FY2022 (-0.9%) and $11.49 billion in FY2021 (+4.0%).
- The Q2 2026 figure is the lowest quarterly Treasury Shares since Q3 2020.
- On a year-over-year basis, Treasury Shares has declined for 17 consecutive quarters, with an average decline of 1.7% over the last eight quarters.
- Peak year-over-year performance for Treasury Shares in the last five years was growth of 9.1% in Q3 2021, against a decline of 1.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.74 billion (Q1 2026), $10.87 billion (Q4 2025) and $10.89 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 75.93 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 267.91 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 12.32 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | - |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 303.21 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 85.10 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 98.21 Mn |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | 166.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 166.50 Mn |
| Mar 31, 2026 | 167.05 Mn |
| Dec 31, 2025 | 169.21 Mn |
| Sep 30, 2025 | 169.55 Mn |
| Jun 30, 2025 | 170.00 Mn |
| Mar 31, 2025 | 170.41 Mn |
| Dec 31, 2024 | 172.57 Mn |
| Sep 30, 2024 | 173.03 Mn |
| Jun 30, 2024 | 173.43 Mn |
| Mar 31, 2024 | 173.93 Mn |
| Dec 31, 2023 | 175.86 Mn |
| Sep 30, 2023 | 176.20 Mn |
| Jun 30, 2023 | 177.13 Mn |
| Mar 31, 2023 | 177.66 Mn |
| Dec 31, 2022 | 179.06 Mn |
| Sep 30, 2022 | 179.45 Mn |
| Jun 30, 2022 | 179.69 Mn |
| Mar 31, 2022 | 180.06 Mn |
| Dec 31, 2021 | 181.88 Mn |
| Sep 30, 2021 | 182.85 Mn |
Baxter International Treasury Shares API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=treasury-shares&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=treasury-shares&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();