Baxter International Inc Cash Flow Quality Index

Latest as of June 2026: 2.26x

Baxter International Inc cash flow quality index. Baxter International Inc (BAX) has a Cash Flow Quality Index of 2.26x as of June 2026. Operating cash flow of $285.00 Million exceeds net income of $126.00 Million, indicating high earnings quality where cash backs reported profits. Explore Baxter International Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.26x
Operating CF / Net Income

Operating Cash Flow

$285.00 Million
USD

Net Income

$126.00 Million
USD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of Baxter International Inc (1985–2023)

Cash flow quality index of Baxter International Inc from 1985 to 2023. Historical Cash Flow Quality Index for Baxter International Inc across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Baxter International Inc balance sheet quality to measure how much of total assets are equity-financed.

Baxter International Inc Cash Flow Quality Index by Year (1985–2023)

Baxter International Inc cash flow quality index by year from 1985 to 2023. Year-by-year earnings quality comparison for Baxter International Inc. For the full cash flow conversion analysis, see Baxter International Inc operating cash flow efficiency.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 9.54x $1.73 Billion $181.00 Million ▲ +455.8%
2021 1.72x $2.22 Billion $1.29 Billion ▲ +2.0%
2020 1.68x $1.87 Billion $1.11 Billion ▼ -19.1%
2019 2.08x $2.10 Billion $1.01 Billion ▲ +59.5%
2018 1.30x $2.02 Billion $1.55 Billion ▼ -53.6%
2017 2.81x $1.71 Billion $609.00 Million ▲ +745.0%
2016 0.33x $1.65 Billion $4.97 Billion ▼ -92.6%
2015 4.51x $1.77 Billion $393.00 Million ▼ -35.9%
2014 7.04x $3.21 Billion $457.00 Million ▼ -30.7%
2013 10.15x $3.20 Billion $315.00 Million ▲ +660.3%
2012 1.34x $3.11 Billion $2.33 Billion ▲ +6.9%
2011 1.25x $2.82 Billion $2.26 Billion ▼ -40.7%
2010 2.10x $3.00 Billion $1.43 Billion ▲ +60.2%
2009 1.31x $2.91 Billion $2.21 Billion ▲ +5.7%
2008 1.24x $2.52 Billion $2.02 Billion ▼ -8.0%
2007 1.35x $2.31 Billion $1.71 Billion ▼ -13.6%
2006 1.56x $2.18 Billion $1.40 Billion ▼ -3.6%
2005 1.62x $1.55 Billion $956.00 Million ▼ -54.4%
2004 3.56x $1.38 Billion $388.00 Million ▲ +130.1%
2003 1.55x $1.43 Billion $922.00 Million ▲ +33.8%
2002 1.15x $1.19 Billion $1.03 Billion ▼ -28.2%
2001 1.61x $1.09 Billion $675.00 Million ▲ +3.2%
2000 1.56x $1.18 Billion $754.00 Million ▲ +18.7%
1999 1.31x $1.08 Billion $824.00 Million ▼ -55.9%
1998 2.98x $939.00 Million $315.00 Million ▲ +60.3%
1997 1.86x $558.00 Million $300.00 Million ▲ +56.9%
1996 1.19x $793.00 Million $669.00 Million ▼ -42.4%
1995 2.06x $1.34 Billion $649.00 Million ▼ -6.8%
1994 2.21x $1.32 Billion $596.00 Million ▲ +75.4%
1992 1.26x $763.00 Million $606.00 Million ▼ -3.2%
1991 1.30x $769.00 Million $591.00 Million ▼ -93.5%
1990 19.90x $796.00 Million $40.00 Million ▲ +1336.1%
1989 1.39x $618.00 Million $446.00 Million ▼ -59.0%
1985 3.38x $463.00 Million $137.00 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.