Baxter International annual capital expenditures (capex)
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Baxter International Capital Expenditures (CapEx) Growth & History (BAX)
Baxter International's capital expenditures (capex) was $513.0M for fiscal 2025.
View full Baxter International company overviewBaxter International annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $513.0M | $67.0M | +15.02% |
| 2024 | 2024-12-31 | $446.0M | $14.0M | +3.24% |
| 2023 | 2023-12-31 | $432.0M | $55.0M | +14.59% |
| 2022 | 2022-12-31 | $377.0M | −$314.0M | −45.44% |
| 2021 | 2021-12-31 | $691.0M | −$18.0M | −2.54% |
| 2020 | 2020-12-31 | $709.0M | $13.0M | +1.87% |
| 2019 | 2019-12-31 | $696.0M | $37.0M | +5.61% |
| 2018 | 2018-12-31 | $659.0M | $43.0M | +6.98% |
| 2017 | 2017-12-31 | $616.0M | −$103.0M | −14.33% |
| 2016 | 2016-12-31 | $719.0M | −$192.0M | −21.08% |
| 2015 | 2015-12-31 | $911.0M | −$14.0M | −1.51% |
| 2014 | 2014-12-31 | $925.0M | $219.0M | +31.02% |
| 2013 | 2013-12-31 | $706.0M | −$455.0M | −39.19% |
| 2012 | 2012-12-31 | $1.16B | $201.0M | +20.94% |
| 2011 | 2011-12-31 | $960.0M | −$3.0M | −0.31% |
| 2010 | 2010-12-31 | $963.0M | −$51.0M | −5.03% |
| 2009 | 2009-12-31 | $1.01B | $60.0M | +6.29% |
| 2008 | 2008-12-31 | $954.0M | $262.0M | +37.86% |
| 2007 | 2007-12-31 | $692.0M | — | — |
Baxter International quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $116.0M | −$24.0M | −17.14% |
| Q1 2026 | 2026-03-31 | $137.0M | $15.0M | +12.30% |
| Q4 2025 | 2025-12-31 | $140.0M | $17.0M | +13.82% |
| Q3 2025 | 2025-09-30 | $111.0M | −$28.0M | −20.14% |
| Q2 2025 | 2025-06-30 | $140.0M | $72.0M | +105.88% |
| Q1 2025 | 2025-03-31 | $122.0M | $6.0M | +5.17% |
| Q4 2024 | 2024-12-31 | $123.0M | $53.0M | +75.71% |
| Q3 2024 | 2024-09-30 | $139.0M | −$35.0M | −20.11% |
| Q2 2024 | 2024-06-30 | $68.0M | −$88.0M | −56.41% |
| Q1 2024 | 2024-03-31 | $116.0M | −$56.0M | −32.56% |
| Q4 2023 | 2023-12-31 | $70.0M | $9.0M | +14.75% |
| Q3 2023 | 2023-09-30 | $174.0M | $13.0M | +8.07% |
| Q2 2023 | 2023-06-30 | $156.0M | $19.0M | +13.87% |
| Q1 2023 | 2023-03-31 | $172.0M | $32.0M | +22.86% |
| Q4 2022 | 2022-12-31 | $61.0M | −$122.0M | −66.67% |
| Q3 2022 | 2022-09-30 | $161.0M | −$18.0M | −10.06% |
| Q2 2022 | 2022-06-30 | $137.0M | −$21.0M | −13.29% |
| Q1 2022 | 2022-03-31 | $140.0M | −$31.0M | −18.13% |
| Q4 2021 | 2021-12-31 | $183.0M | −$54.0M | −22.78% |
| Q3 2021 | 2021-09-30 | $179.0M | $23.0M | +14.74% |
| Q2 2021 | 2021-06-30 | $158.0M | $14.0M | +9.72% |
| Q1 2021 | 2021-03-31 | $171.0M | −$1.0M | −0.58% |
| Q4 2020 | 2020-12-31 | $237.0M | $46.0M | +24.08% |
| Q3 2020 | 2020-09-30 | $156.0M | −$11.0M | −6.59% |
| Q2 2020 | 2020-06-30 | $144.0M | −$1.0M | −0.69% |
| Q1 2020 | 2020-03-31 | $172.0M | −$21.0M | −10.88% |
| Q4 2019 | 2019-12-31 | $191.0M | −$15.0M | −7.28% |
| Q3 2019 | 2019-09-30 | $167.0M | $25.0M | +17.61% |
| Q2 2019 | 2019-06-30 | $145.0M | −$14.0M | −8.81% |
| Q1 2019 | 2019-03-31 | $193.0M | $41.0M | +26.97% |
| Q4 2018 | 2018-12-31 | $206.0M | $0 | 0.00% |
| Q3 2018 | 2018-09-30 | $142.0M | $11.0M | +8.40% |
| Q2 2018 | 2018-06-30 | $159.0M | $3.0M | +1.92% |
| Q1 2018 | 2018-03-31 | $152.0M | $29.0M | +23.58% |
| Q4 2017 | 2017-12-31 | $206.0M | $6.0M | +3.00% |
| Q3 2017 | 2017-09-30 | $131.0M | −$36.0M | −21.56% |
| Q2 2017 | 2017-06-30 | $156.0M | −$12.0M | −7.14% |
| Q1 2017 | 2017-03-31 | $123.0M | −$61.0M | −33.15% |
| Q4 2016 | 2016-12-31 | $200.0M | −$53.0M | −20.95% |
| Q3 2016 | 2016-09-30 | $167.0M | −$67.0M | −28.63% |
| Q2 2016 | 2016-06-30 | $168.0M | −$42.0M | −20.00% |
| Q1 2016 | 2016-03-31 | $184.0M | −$30.0M | −14.02% |
| Q4 2015 | 2015-12-31 | $253.0M | −$48.0M | −15.95% |
| Q3 2015 | 2015-09-30 | $234.0M | $14.0M | +6.36% |
| Q2 2015 | 2015-06-30 | $210.0M | −$213.0M | −50.35% |
| Q1 2015 | 2015-03-31 | $214.0M | −$207.0M | −49.17% |
| Q4 2014 | 2014-12-31 | $301.0M | −$30.0M | −9.06% |
| Q3 2014 | 2014-09-30 | $220.0M | −$178.0M | −44.72% |
| Q2 2014 | 2014-06-30 | $423.0M | $76.0M | +21.90% |
| Q1 2014 | 2014-03-31 | $421.0M | $129.0M | +44.18% |
| Q4 2013 | 2013-12-31 | $331.0M | −$68.0M | −17.04% |
| Q3 2013 | 2013-09-30 | $398.0M | $139.0M | +53.67% |
| Q2 2013 | 2013-06-30 | $347.0M | $83.0M | +31.44% |
| Q1 2013 | 2013-03-31 | $292.0M | $53.0M | +22.18% |
| Q4 2012 | 2012-12-31 | $399.0M | $82.0M | +25.87% |
| Q3 2012 | 2012-09-30 | $259.0M | $24.0M | +10.21% |
| Q2 2012 | 2012-06-30 | $264.0M | $54.0M | +25.71% |
| Q1 2012 | 2012-03-31 | $239.0M | $41.0M | +20.71% |
| Q4 2011 | 2011-12-31 | $317.0M | $53.0M | +20.08% |
| Q3 2011 | 2011-09-30 | $235.0M | $3.0M | +1.29% |
| Q2 2011 | 2011-06-30 | $210.0M | −$27.0M | −11.39% |
| Q1 2011 | 2011-03-31 | $198.0M | −$32.0M | −13.91% |
| Q4 2010 | 2010-12-31 | $264.0M | −$116.0M | −30.53% |
| Q3 2010 | 2010-09-30 | $232.0M | −$15.0M | −6.07% |
| Q2 2010 | 2010-06-30 | $237.0M | $21.0M | +9.72% |
| Q1 2010 | 2010-03-31 | $230.0M | $59.0M | +34.50% |
| Q4 2009 | 2009-12-31 | $380.0M | — | — |
| Q3 2009 | 2009-09-30 | $247.0M | −$4.0M | −1.59% |
| Q2 2009 | 2009-06-30 | $216.0M | — | — |
| Q1 2009 | 2009-03-31 | $171.0M | — | — |
| Q3 2008 | 2008-09-30 | $251.0M | — | — |
Baxter International capital expenditures (capex) trends
Over the last five fiscal years, Baxter International's capital expenditures (capex) decreased from $709.0M to $513.0M, a change of −$196.0M. The latest reported quarter, Q2 2026, shows $116.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Baxter International source filings ↗