Baxter International Inc (BAX) — Financial Flexibility Index
Baxter International Inc (BAX) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $350.00 Million (operating CF $213.00 Million minus capex $137.00 Million) represents 0% of total liabilities ($13.83 Billion). Check Baxter International Inc (BAX) strategic asset index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Baxter International Inc Financial Flexibility Index (1985–2025)
Historical Financial Flexibility Index trend for Baxter International Inc across 38 annual periods. See working capital to net assets of Baxter International Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Baxter International Inc (1985–2025)
Year-by-year free cash flow to debt coverage for Baxter International Inc. For the full company profile including market capitalisation, see Baxter International Inc (BAX) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.10x | $1.37 Billion | $845.00 Million | $13.95 Billion | ▲ +24.3% |
| 2024 | 0.08x | $1.48 Billion | $1.02 Billion | $18.76 Billion | ▼ -27.8% |
| 2023 | 0.11x | $2.16 Billion | $1.73 Billion | $19.81 Billion | ▲ +29.3% |
| 2022 | 0.08x | $1.89 Billion | $1.21 Billion | $22.39 Billion | ▼ -30.5% |
| 2021 | 0.12x | $2.96 Billion | $2.22 Billion | $24.40 Billion | ▼ -46.7% |
| 2020 | 0.23x | $2.58 Billion | $1.87 Billion | $11.29 Billion | ▼ -16.2% |
| 2019 | 0.27x | $2.80 Billion | $2.10 Billion | $10.28 Billion | ▼ -20.1% |
| 2018 | 0.34x | $2.68 Billion | $2.02 Billion | $7.85 Billion | ▲ +16.9% |
| 2017 | 0.29x | $2.33 Billion | $1.71 Billion | $8.00 Billion | ▼ -10.8% |
| 2016 | 0.33x | $2.37 Billion | $1.65 Billion | $7.27 Billion | ▲ +47.3% |
| 2015 | 0.22x | $2.68 Billion | $1.77 Billion | $12.10 Billion | ▼ -3.7% |
| 2014 | 0.23x | $4.14 Billion | $3.21 Billion | $17.98 Billion | ▼ -1.3% |
| 2013 | 0.23x | $3.90 Billion | $3.20 Billion | $16.74 Billion | ▼ -26.7% |
| 2012 | 0.32x | $4.27 Billion | $3.11 Billion | $13.41 Billion | ▲ +3.1% |
| 2011 | 0.31x | $3.78 Billion | $2.82 Billion | $12.24 Billion | ▼ -16.8% |
| 2010 | 0.37x | $3.97 Billion | $3.00 Billion | $10.69 Billion | ▼ -6.1% |
| 2009 | 0.39x | $3.92 Billion | $2.91 Billion | $9.93 Billion | ▲ +4.5% |
| 2008 | 0.38x | $3.47 Billion | $2.52 Billion | $9.18 Billion | ▲ +5.7% |
| 2007 | 0.36x | $3.00 Billion | $2.31 Billion | $8.38 Billion | ▲ +11.1% |
| 2006 | 0.32x | $2.71 Billion | $2.18 Billion | $8.41 Billion | ▲ +36.1% |
| 2005 | 0.24x | $1.99 Billion | $1.55 Billion | $8.43 Billion | ▲ +27.5% |
| 2004 | 0.19x | $1.94 Billion | $1.38 Billion | $10.44 Billion | ▼ -12.5% |
| 2003 | 0.21x | $2.21 Billion | $1.43 Billion | $10.43 Billion | ▼ -0.8% |
| 2002 | 0.21x | $2.04 Billion | $1.19 Billion | $9.54 Billion | ▼ -23.6% |
| 2001 | 0.28x | $1.84 Billion | $1.09 Billion | $6.59 Billion | ▼ -8.6% |
| 2000 | 0.31x | $1.86 Billion | $1.18 Billion | $6.07 Billion | ▲ +12.5% |
| 1999 | 0.27x | $1.71 Billion | $1.08 Billion | $6.30 Billion | ▲ +28.1% |
| 1998 | 0.21x | $1.50 Billion | $939.00 Million | $7.03 Billion | ▲ +27.9% |
| 1997 | 0.17x | $1.01 Billion | $558.00 Million | $6.09 Billion | ▼ -28.9% |
| 1996 | 0.23x | $1.19 Billion | $793.00 Million | $5.09 Billion | ▼ -22.7% |
| 1995 | 0.30x | $1.74 Billion | $1.34 Billion | $5.73 Billion | ▲ +4.6% |
| 1994 | 0.29x | $1.82 Billion | $1.32 Billion | $6.28 Billion | ▲ +66.3% |
| 1993 | 0.17x | $1.28 Billion | $765.00 Million | $7.36 Billion | ▼ -28.2% |
| 1992 | 0.24x | $1.30 Billion | $763.00 Million | $5.36 Billion | ▼ -7.4% |
| 1991 | 0.26x | $1.30 Billion | $769.00 Million | $4.97 Billion | ▼ -0.3% |
| 1990 | 0.26x | $1.16 Billion | $796.00 Million | $4.42 Billion | ▲ +17.9% |
| 1989 | 0.22x | $949.00 Million | $618.00 Million | $4.26 Billion | ▲ +129.0% |
| 1985 | 0.10x | $463.00 Million | $463.00 Million | $4.76 Billion | — |