BAXNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31

BAXTER INTERNATIONAL INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$24.99−0.29 (-1.15%)

Close on Oct 19, 2026

Market cap: $12.94B
P/E (TTM): –
Dividend yield: 2.08%

BAXTER INTERNATIONAL INC balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31	FY 2006 2006-12-31
Cash & Equivalents	1,966	1,764	3,078	1,621	2,951	3,736	3,335	1,838	3,403	2,786	2,213	2,925	2,733	3,270	2,905	2,685	2,786	2,131	2,539	2,485
Short-Term Investments	–	–	–	–	–	–	–	–	–	–	5,148	–	–	–	–	–	–	–	–	–
Cash & Short-Term Investments	1,966	1,764	3,078	1,621	2,951	3,736	3,335	1,838	3,403	2,786	7,361	2,925	2,733	3,270	2,905	2,685	2,786	2,131	2,539	2,485
Receivables	1,861	1,679	1,719	2,571	2,629	2,007	1,896	1,840	1,700	–	–	–	–	–	–	2,265	2,302	1,980	–	–
Inventory	2,232	2,046	1,918	2,679	2,453	1,916	1,653	1,667	1,475	1,430	1,604	1,577	3,499	2,803	2,628	2,371	2,557	2,361	–	–
Prepaid Expenses & Other	813	753	706	857	839	758	619	614	601	602	855	478	548	418	402	345	–	–	–	–
Other Current Assets	341	205	145	368	390	342	315	404	368	341	435	380	–	–	–	668	400	425	–	–
Total Current Assets	6,872	8,853	9,600	8,011	8,872	8,411	7,503	5,959	7,263	6,574	11,796	10,162	10,195	9,260	8,650	7,989	8,271	7,148	–	–
Property, Plant & Equipment	2,910	2,870	2,871	4,695	5,178	4,722	4,512	4,530	4,588	4,289	4,386	4,434	4,408	6,098	5,525	5,260	5,159	4,609	–	–
Gross Property, Plant & Equipment	8,054	7,648	7,650	10,780	11,728	11,271	10,660	10,333	10,148	9,162	8,990	8,954	13,795	11,869	10,973	10,591	10,060	–	–	–
Accumulated Depreciation	-5,144	-4,778	-4,779	-6,085	-6,550	-6,549	-6,148	-5,803	-5,560	-4,873	-4,604	-4,520	-5,963	-5,771	-5,448	-5,331	-4,901	–	–	–
Land	–	–	–	–	–	–	–	–	–	–	–	225	220	190	184	183	163	–	–	–
Buildings & Improvements	–	–	–	–	–	–	–	–	–	–	–	2,673	2,670	2,181	2,099	2,063	1,921	–	–	–
Machinery & Equipment	–	–	–	–	–	–	–	–	–	–	–	7,687	7,360	6,691	6,384	6,330	5,962	–	–	–
Construction in Progress	–	–	–	–	–	–	–	–	–	–	–	2,870	2,184	1,512	1,101	910	975	–	–	–
Operating Lease Right-of-Use Assets	276	306	336	541	630	603	608	–	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	4,929	5,275	5,793	6,452	9,836	3,217	3,030	3,002	3,102	2,595	2,687	2,927	3,290	2,502	2,317	2,015	1,825	1,654	–	–
Intangible Assets	4,369	5,223	5,918	6,793	7,792	1,671	1,471	1,410	1,374	1,111	1,349	1,620	2,294	814	826	500	513	390	–	–
Deferred Tax Assets	200	204	263	280	376	748	621	483	408	629	354	531	41	1,156	1,123	1,139	1,095	–	–	–
Other Long-Term Assets	699	755	809	1,109	1,213	1,395	1,069	819	787	977	744	930	698	1,716	1,755	1,725	1,586	1,604	–	–
Total Assets	20,055	25,782	28,276	28,287	33,521	20,019	18,193	15,720	17,111	15,546	20,962	26,138	25,224	20,390	19,073	17,489	17,354	15,405	–	–
Accounts Payable	999	968	881	1,110	1,246	1,043	2,689	2,810	2,733	2,612	2,666	2,677	4,208	4,409	4,411	4,017	3,753	3,241	–	–
Accrued Expenses	1,968	1,861	1,915	2,170	2,479	1,884	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Short-Term Debt	1.00	2,126	0	299	301	0	226	2.00	–	0	1,775	913	181	27	256	15	29	200	–	–
Current Portion of Long-Term Debt	2.00	626	2,667	1,105	210	406	315	2.00	3.00	3.00	810	785	859	323	190	9.00	682	6.00	–	–
Current Debt	3.00	2,752	2,667	1,404	511	406	541	4.00	3.00	3.00	2,585	1,698	1,040	350	446	24	711	206	–	–
Current Portion of Leases	81	80	92	120	128	111	101	–	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	83	121	78	91	90	–	–	104	85	126	453	336	382	451	353	346	375	–	–	–
Deferred Revenue (Current)	141	131	128	154	162	32	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Liabilities	2,970	6,511	6,503	4,745	4,236	3,333	3,230	2,814	2,821	2,744	5,750	6,037	5,248	4,759	4,857	4,041	4,464	3,635	–	–
Long-Term Debt	9,473	10,374	11,089	15,232	17,149	5,786	4,809	3,481	3,509	2,779	3,922	7,331	8,126	5,580	4,749	4,363	3,440	3,362	–	–
Long-Term Leases	223	243	265	447	522	501	510	502	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	304	323	357	567	650	612	611	502	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	245	103	403	661	962	143	192	215	280	93	195	168	–	–	–	–	–	–	–	–
Other Long-Term Liabilities	1,287	1,076	1,400	1,848	2,493	1,673	1,732	1,559	1,665	1,743	2,425	2,937	3,364	3,073	2,639	2,289	2,030	2,117	–	–
Total Liabilities	13,953	18,758	19,808	22,392	24,400	11,293	10,281	7,854	7,995	7,325	12,097	17,982	16,738	13,412	12,245	10,693	9,934	9,114	–	–
Total Debt	9,476	13,126	13,756	16,636	17,660	6,192	5,350	3,485	3,512	2,782	6,507	9,029	9,166	5,930	5,195	4,387	4,151	3,568	–	–
Common Stock	683	683	683	683	683	683	683	683	683	683	683	683	683	683	683	683	683	683	–	–
Additional Paid-In Capital	6,368	6,421	6,389	6,322	6,197	6,043	5,955	5,898	5,940	5,958	5,902	5,853	5,818	5,769	5,783	5,753	5,683	5,533	–	–
Retained Earnings	13,705	14,929	16,114	14,050	17,065	16,328	15,718	15,075	14,483	14,200	9,683	13,227	11,852	10,888	9,429	7,925	7,343	5,795	–	–
Treasury Stock	-10,873	-11,059	-11,230	-11,389	-11,488	-11,051	-10,764	-9,989	-7,981	-7,995	-7,646	-7,993	-7,914	-7,592	-6,719	-5,655	-4,741	-3,897	–	–
Comprehensive Income & Other	-3,754	-4,010	-3,554	-3,833	-3,380	-3,314	-3,710	-3,823	-4,001	-4,556	224	-3,650	-1,976	-2,810	-2,591	-2,139	-1,777	-1,885	–	–
Shareholders' Equity	6,129	6,964	8,402	5,833	9,077	8,689	7,882	7,844	9,124	8,290	8,846	8,120	8,463	6,938	6,585	6,567	7,191	6,229	–	–
Noncontrolling Interest	-27	60	66	62	44	37	30	22	-8.00	-10	19	36	23	40	243	229	229	62	–	–
Total Equity	6,102	7,024	8,468	5,895	9,121	8,726	7,912	7,866	9,109	8,221	8,865	8,156	8,486	6,978	6,828	6,796	7,420	6,291	7,007	–
Total Liabilities & Equity	20,055	25,782	28,276	28,287	33,521	20,019	18,193	15,720	17,111	15,546	20,962	26,138	25,224	20,390	19,073	17,489	17,354	15,405	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 30.1%
Operating margin: -2.4%
Net margin: -9.3%
Return on equity, FY2025: -14.6%

Financial strength

Current ratio: 1.95
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 59.9%

Valuation

P/E ratio: –
Price to sales: 1.13
Price to book: 2.09
Dividend yield: 2.08%