Baxter International annual debt-to-assets ratio
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2025
Baxter International Debt-to-Assets Ratio Growth & History (BAX)
Baxter International's debt-to-assets ratio was 0.49 for fiscal 2025.
View full Baxter International company overviewBaxter International annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.49 | −0.12 | −19.27% |
| 2024 | 2024-12-31 | 0.60 | 0.10 | +21.03% |
| 2023 | 2023-12-31 | 0.50 | −0.12 | −19.33% |
| 2022 | 2022-12-31 | 0.62 | 0.06 | +11.44% |
| 2021 | 2021-12-31 | 0.56 | 0.22 | +63.35% |
| 2020 | 2020-12-31 | 0.34 | 0.01 | +3.73% |
| 2019 | 2019-12-31 | 0.33 | 0.11 | +47.80% |
| 2018 | 2018-12-31 | 0.22 | 0.02 | +8.01% |
| 2017 | 2017-12-31 | 0.21 | 0.03 | +14.69% |
| 2016 | 2016-12-31 | 0.18 | −0.05 | −20.94% |
| 2015 | 2015-12-31 | 0.23 | −0.08 | −27.10% |
| 2014 | 2014-12-31 | 0.31 | −0.05 | −12.83% |
| 2013 | 2013-12-31 | 0.36 | 0.07 | +23.04% |
| 2012 | 2012-12-31 | 0.29 | 0.03 | +11.80% |
| 2011 | 2011-12-31 | 0.26 | 0.01 | +3.44% |
| 2010 | 2010-12-31 | 0.25 | 0.05 | +25.23% |
| 2009 | 2009-12-31 | 0.20 | −0.04 | −17.88% |
| 2008 | 2008-12-31 | 0.24 | — | — |
Baxter International quarterly debt-to-assets ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.05 | 0.04 | +380.13% |
| Q1 2026 | 2026-03-31 | 0.05 | 0.01 | +27.57% |
| Q4 2025 | 2025-12-31 | 0.49 | −0.12 | −19.27% |
| Q3 2025 | 2025-09-30 | 0.05 | −0.36 | −88.58% |
| Q2 2025 | 2025-06-30 | 0.01 | −0.40 | −97.32% |
| Q1 2025 | 2025-03-31 | 0.04 | −0.37 | −89.86% |
| Q4 2024 | 2024-12-31 | 0.60 | 0.10 | +21.03% |
| Q3 2024 | 2024-09-30 | 0.40 | −0.09 | −18.15% |
| Q2 2024 | 2024-06-30 | 0.41 | −0.12 | −23.13% |
| Q1 2024 | 2024-03-31 | 0.42 | −0.14 | −25.60% |
| Q4 2023 | 2023-12-31 | 0.50 | −0.12 | −19.33% |
| Q3 2023 | 2023-09-30 | 0.49 | −0.11 | −18.86% |
| Q2 2023 | 2023-06-30 | 0.54 | 0.51 | +1849.28% |
| Q1 2023 | 2023-03-31 | 0.56 | 0.53 | +1890.74% |
| Q4 2022 | 2022-12-31 | 0.62 | 0.06 | +11.44% |
| Q3 2022 | 2022-09-30 | 0.60 | 0.55 | +1102.93% |
| Q2 2022 | 2022-06-30 | 0.03 | −0.02 | −41.37% |
| Q1 2022 | 2022-03-31 | 0.03 | −0.02 | −37.93% |
| Q4 2021 | 2021-12-31 | 0.56 | 0.22 | +63.35% |
| Q3 2021 | 2021-09-30 | 0.05 | −0.01 | −17.12% |
| Q2 2021 | 2021-06-30 | 0.05 | 0.01 | +13.48% |
| Q1 2021 | 2021-03-31 | 0.05 | −0.01 | −15.72% |
| Q4 2020 | 2020-12-31 | 0.34 | 0.01 | +3.73% |
| Q3 2020 | 2020-09-30 | 0.06 | 0.02 | +61.90% |
| Q2 2020 | 2020-06-30 | 0.04 | −0.29 | −87.37% |
| Q1 2020 | 2020-03-31 | 0.05 | −0.24 | −81.73% |
| Q4 2019 | 2019-12-31 | 0.33 | 0.11 | +47.80% |
| Q3 2019 | 2019-09-30 | 0.04 | −0.17 | −81.94% |
| Q2 2019 | 2019-06-30 | 0.33 | 0.12 | +55.74% |
| Q1 2019 | 2019-03-31 | 0.29 | 0.08 | +39.56% |
| Q4 2018 | 2018-12-31 | 0.22 | 0.02 | +8.01% |
| Q3 2018 | 2018-09-30 | 0.21 | 0.01 | +3.94% |
| Q2 2018 | 2018-06-30 | 0.21 | 0.01 | +3.54% |
| Q1 2018 | 2018-03-31 | 0.21 | 0.03 | +18.22% |
| Q4 2017 | 2017-12-31 | 0.21 | 0.03 | +14.69% |
| Q3 2017 | 2017-09-30 | 0.20 | 0.02 | +11.05% |
| Q2 2017 | 2017-06-30 | 0.20 | 0.02 | +12.80% |
| Q1 2017 | 2017-03-31 | 0.18 | 0.01 | +6.92% |
| Q4 2016 | 2016-12-31 | 0.18 | −0.05 | −20.94% |
| Q3 2016 | 2016-09-30 | 0.18 | −0.11 | −37.09% |
| Q2 2016 | 2016-06-30 | 0.18 | −0.27 | −60.00% |
| Q1 2016 | 2016-03-31 | 0.17 | −0.23 | −57.95% |
| Q4 2015 | 2015-12-31 | 0.23 | −0.08 | −27.10% |
| Q3 2015 | 2015-09-30 | 0.29 | −0.03 | −10.49% |
| Q2 2015 | 2015-06-30 | 0.45 | 0.15 | +49.95% |
| Q1 2015 | 2015-03-31 | 0.40 | 0.10 | +32.03% |
| Q4 2014 | 2014-12-31 | 0.31 | −0.05 | −12.83% |
| Q3 2014 | 2014-09-30 | 0.32 | −0.03 | −7.46% |
| Q2 2014 | 2014-06-30 | 0.30 | −0.06 | −17.42% |
| Q1 2014 | 2014-03-31 | 0.30 | 0.03 | +10.85% |
| Q4 2013 | 2013-12-31 | 0.36 | 0.07 | +23.04% |
| Q3 2013 | 2013-09-30 | 0.34 | 0.06 | +21.24% |
| Q2 2013 | 2013-06-30 | 0.36 | — | — |
| Q1 2013 | 2013-03-31 | 0.27 | 0.02 | +7.44% |
| Q4 2012 | 2012-12-31 | 0.29 | 0.03 | +11.80% |
| Q3 2012 | 2012-09-30 | 0.28 | 0.03 | +11.76% |
| Q1 2012 | 2012-03-31 | 0.25 | 0.00 | +0.33% |
| Q4 2011 | 2011-12-31 | 0.26 | 0.01 | +3.44% |
| Q3 2011 | 2011-09-30 | 0.25 | 0.01 | +2.01% |
| Q2 2011 | 2011-06-30 | 0.25 | −0.00 | −1.29% |
| Q1 2011 | 2011-03-31 | 0.25 | 0.18 | +231.77% |
| Q4 2010 | 2010-12-31 | 0.25 | 0.05 | +25.23% |
| Q3 2010 | 2010-09-30 | 0.25 | 0.00 | +1.35% |
| Q2 2010 | 2010-06-30 | 0.25 | 0.01 | +3.15% |
| Q1 2010 | 2010-03-31 | 0.08 | — | — |
| Q4 2009 | 2009-12-31 | 0.20 | −0.04 | −17.88% |
| Q3 2009 | 2009-09-30 | 0.25 | — | — |
| Q2 2009 | 2009-06-30 | 0.24 | — | — |
| Q4 2008 | 2008-12-31 | 0.24 | — | — |
Baxter International debt-to-assets ratio trends
Over the last five fiscal years, Baxter International's debt-to-assets ratio increased from 0.34 to 0.49, a change of 0.15. The latest reported quarter, Q2 2026, shows 0.05.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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