Baxter International Inc. BAX

23.37 (0.11) (0.47%) as of 25 Sep
Market cap
$12.2B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Baxter International Inc. (BAX) Debt to equity

Baxter International Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.5×, down 0.0× from fiscal 2025 (1.6×). Over the past ten years it has ranged from 0.3× (fiscal 2016) to 2.8× (fiscal 2022); the current reading is higher than 64% of that period. That is above the Medical Instruments & Supplies industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 1.6× (16.90%)
FY2024 1.9× 15.03%
FY2023 1.6× (42.44%)
FY2022 2.8× 45.75%
FY2021 1.9× 172.86%
FY2020 0.7× 4.94%
FY2019 0.7× 52.64%
FY2018 0.4× 14.98%
FY2017 0.4× 14.67%
FY2016 0.3× (54.22%)

Quarterly

Period Debt to equity Change
Jun 2026 1.5× (2.68%)
Mar 2026 1.6× 1.29%
Dec 2025 1.6× 17.89%
Sep 2025 1.3× 1.12%
42 more quarters

Against its own ten years

Low 0.3× High 2.8×
Ten-year median 0.7×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
ALGN Align Technology, Inc. compare 0.0×
RGEN Repligen Corporation compare 0.3×
STVN Stevanato Group S.p.A. compare 0.3×
COO The Cooper Companies, Inc. compare 0.3×
ATR AptarGroup, Inc. compare 0.5×
AVTR Avantor, Inc. compare 0.7×
BLCO Bausch + Lomb Corporation compare 0.8×
SOLV Solventum Corporation compare 1.1×
BAX Baxter International Inc. 1.5×
Medical Instruments & Supplies industry median 0.1×
Healthcare sector median 0.0×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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