Baxter International Inc (BAX) — Capital Reinvestment Ratio
Baxter International Inc (BAX) has a Capital Reinvestment Ratio of 0.24x as of December 2025, meaning it reinvests 0% of its operating cash flow ($584.00 Million) in capital expenditures ($140.00 Million). See Baxter International Inc (BAX) balance sheet quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Baxter International Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Baxter International Inc's Capital Reinvestment Ratio across 37 annual periods. Check Baxter International Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Baxter International Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Baxter International Inc from 1989 to 2025. For live market cap and broader valuation context, see BAX company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.61x | $845.00 Million | $513.00 Million | ▲ +34.5% |
| 2024 | 0.45x | $1.02 Billion | $460.00 Million | ▲ +78.7% |
| 2023 | 0.25x | $1.73 Billion | $436.00 Million | ▼ -54.9% |
| 2022 | 0.56x | $1.21 Billion | $679.00 Million | ▲ +67.7% |
| 2021 | 0.33x | $2.22 Billion | $743.00 Million | ▼ -11.9% |
| 2020 | 0.38x | $1.87 Billion | $709.00 Million | ▲ +14.7% |
| 2019 | 0.33x | $2.10 Billion | $696.00 Million | ▲ +1.2% |
| 2018 | 0.33x | $2.02 Billion | $659.00 Million | ▼ -9.1% |
| 2017 | 0.36x | $1.71 Billion | $616.00 Million | ▼ -17.3% |
| 2016 | 0.43x | $1.65 Billion | $719.00 Million | ▼ -15.5% |
| 2015 | 0.51x | $1.77 Billion | $911.00 Million | ▲ +78.8% |
| 2014 | 0.29x | $3.21 Billion | $925.00 Million | ▲ +30.3% |
| 2013 | 0.22x | $3.20 Billion | $706.00 Million | ▼ -40.9% |
| 2012 | 0.37x | $3.11 Billion | $1.16 Billion | ▲ +9.7% |
| 2011 | 0.34x | $2.82 Billion | $960.00 Million | ▲ +6.3% |
| 2010 | 0.32x | $3.00 Billion | $963.00 Million | ▼ -8.0% |
| 2009 | 0.35x | $2.91 Billion | $1.01 Billion | ▼ -8.1% |
| 2008 | 0.38x | $2.52 Billion | $954.00 Million | ▲ +26.3% |
| 2007 | 0.30x | $2.31 Billion | $692.00 Million | ▲ +24.6% |
| 2006 | 0.24x | $2.18 Billion | $526.00 Million | ▼ -15.9% |
| 2005 | 0.29x | $1.55 Billion | $444.00 Million | ▼ -29.2% |
| 2004 | 0.40x | $1.38 Billion | $558.00 Million | ▼ -27.0% |
| 2003 | 0.55x | $1.43 Billion | $789.00 Million | ▼ -22.1% |
| 2002 | 0.71x | $1.19 Billion | $848.00 Million | ▲ +1.7% |
| 2001 | 0.70x | $1.09 Billion | $759.00 Million | ▲ +20.0% |
| 2000 | 0.58x | $1.18 Billion | $685.00 Million | ▼ 0.0% |
| 1999 | 0.58x | $1.08 Billion | $631.00 Million | ▼ -1.6% |
| 1998 | 0.59x | $939.00 Million | $556.00 Million | ▼ -27.2% |
| 1997 | 0.81x | $558.00 Million | $454.00 Million | ▲ +62.1% |
| 1996 | 0.50x | $793.00 Million | $398.00 Million | ▲ +68.1% |
| 1995 | 0.30x | $1.34 Billion | $399.00 Million | ▼ -21.7% |
| 1994 | 0.38x | $1.32 Billion | $502.00 Million | ▼ -43.4% |
| 1993 | 0.67x | $765.00 Million | $516.00 Million | ▼ -4.2% |
| 1992 | 0.70x | $763.00 Million | $537.00 Million | ▲ +1.7% |
| 1991 | 0.69x | $769.00 Million | $532.00 Million | ▲ +50.0% |
| 1990 | 0.46x | $796.00 Million | $367.00 Million | ▼ -13.9% |
| 1989 | 0.54x | $618.00 Million | $331.00 Million | — |