Baxter International Inc (BAX) — 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
Operating Cash Flow
Net Income
Data as of
Baxter International Inc Cash Flow Quality Index (1985–2023)
Historical Cash Flow Quality Index for Baxter International Inc across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Baxter International Inc.
Annual Cash Flow Quality Index for Baxter International Inc (1985–2023)
Year-by-year earnings quality comparison for Baxter International Inc.
| 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 | — |