Baxter International Inc (BAX) — Financial Flexibility Index
Baxter International Inc (BAX) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of $538.00 Million (operating CF $285.00 Million minus capex $253.00 Million) represents 0% of total liabilities ($13.61 Billion). Check Baxter International Inc (BAX) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see BAX cash flow metrics.
Annual Financial Flexibility Index for Baxter International Inc (1985–2025)
Year-by-year free cash flow to debt coverage for Baxter International Inc. Explore Baxter International Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |