Baxter International Inc.
BAX Healthcare Medical Instruments & Supplies
Baxter International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 5.72% from fiscal 2024. In the quarter to June 2026, revenue grew 5.34%, EPS grew 33.3%, free cash flow grew 119.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Baxter International Inc. (BAX) Total debt
Baxter International Inc.'s total debt at the end of fiscal 2025 was $9.5B, down 27.8% from $13.1B in fiscal 2024. At the end of the quarter to 30 June 2026 it was $9.5B. Over the past ten years it has ranged from $2.8B (fiscal 2016) to $17.7B (fiscal 2021); the current reading is higher than 64% of that period. Baxter International Inc. ranks 3rd of 54 Medical Instruments & Supplies companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2025 | $9.5B | (27.81%) |
| FY2024 | $13.1B | (4.58%) |
| FY2023 | $13.8B | (17.31%) |
| FY2022 | $16.6B | (5.80%) |
| FY2021 | $17.7B | 185.21% |
| FY2020 | $6.2B | 15.74% |
| FY2019 | $5.4B | 53.52% |
| FY2018 | $3.5B | (0.77%) |
| FY2017 | $3.5B | 26.24% |
| FY2016 | $2.8B | (57.25%) |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Jun 2026 | $9.5B | (0.04%) |
| Mar 2026 | $9.5B | (0.14%) |
| Dec 2025 | $9.5B | (0.27%) |
| Sep 2025 | $9.5B | 0.02% |
| 42 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| BAX Baxter International Inc. | $9.5B |
| SOLV Solventum Corporation compare | $5.3B |
| BLCO Bausch + Lomb Corporation compare | $5.1B |
| AVTR Avantor, Inc. compare | $3.7B |
| COO The Cooper Companies, Inc. compare | $2.5B |
| ATR AptarGroup, Inc. compare | $1.4B |
| RGEN Repligen Corporation compare | $551.0M |
| WST West Pharmaceutical Services, Inc. compare | $202.9M |
| ALGN Align Technology, Inc. compare | $127.0M |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
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