Baxter International (BAX) Interest Coverage Ratio: History & Chart

Baxter International Inc. (BAX)BAXBaxter International Inc.

About Baxter International Inc.

Baxter International Inc., operating globally via its subsidiaries, is a leading developer and provider of a wide spectrum of healthcare products. The company's comprehensive portfolio includes various dialysis treatments, such as peritoneal and hemodialysis, along with related therapies and services. It also specializes in intravenous (IV) therapies, infusion pumps, administration sets, and devices for drug reconstitution. Further expanding its pharmaceutical offerings, Baxter delivers pre-mixed and oncology drug platforms, inhaled anesthetic agents, critical care products, and pharmacy compounding services. Nutritional support is provided through its parenteral nutrition therapies and associated products. For surgical procedures, the company develops biological products and medical devices vital for achieving hemostasis, tissue sealing, and preventing adhesions. Additionally, Baxter supplies continuous renal replacement therapies (CRRT) and other organ support solutions, primarily tailored for intensive care units. Beyond direct medical supplies, Baxter provides sophisticated connected care solutions, integrating devices, software, communication systems, and other advanced technologies. This includes a range of patient monitoring and diagnostic technologies designed to aid in the diagnosis, treatment, and management of numerous illnesses and conditions, spanning respiratory therapy, cardiology, vision screening, and physical assessment. The surgical suite benefits from its specialized video technologies, operating tables, lights, pendants, precision positioning tools, and various ancillary accessories. The company also offers contracted services to a multitude of pharmaceutical and biopharmaceutical companies. Baxter's products are utilized across diverse healthcare environments, including hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors' offices, and for home-based patients under medical supervision. Operating in approximately 100 countries, Baxter distributes its extensive product line through a direct sales force, independent distributors, drug wholesalers, and specialty pharmacies or other alternative site providers. The company also holds a collaborative agreement with Celerity Pharmaceutical, LLC, focused on developing generic injectable pre-mixed medications for acute care and oncolytic molecules. Established in 1931, Baxter International Inc. is headquartered in Deerfield, Illinois.

Deerfield, IL

37,500 employees

www.baxter.com

Healthcare / Medical - Instruments & Supplies

Sector: Healthcare
Industry: Medical - Instruments & Supplies
CEO: Andrew Hider

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BAX Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

0.85x

INTEREST COVERAGE RATIO AVG TTM

-0.76x

INTEREST COVERAGE RATIO AVG 3Y

1.47x

INTEREST COVERAGE RATIO AVG 5Y

1.90x

INTEREST COVERAGE RATIO AVG 10Y

7.85x

INTEREST COVERAGE RATIO AVG 15Y

11.52x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+210.73%

CURRENT VS 3Y AVG

-42.30%

CURRENT VS 5Y AVG

-55.55%

CURRENT VS 10Y AVG

-89.22%

CURRENT VS 15Y AVG

-92.66%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

6.77x

median of 73 covered companies

CURRENT VS SECTOR MEDIAN

-87.50%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Baxter International Inc. (BAX)	$11.57B	0.85x	-0.76x	1.47x	1.90x
Insulet Corp. (PODD)vs ›	$11.31B	5.94x	6.59x	5.07x	3.90x
Bio-Techne Corporation (TECH)vs ›	$11.21B	12.02x	12.57x	19.51x	17.21x
Align Technology, Inc. (ALGN)vs ›	$11.96B	N/A	67.41x	66.08x	407.22x
Charles River Laboratories International, Inc. (CRL)vs ›	$10.91B	4.74x	3.27x	5.51x	5.84x
Revvity, Inc. (RVTY)vs ›	$12.32B	3.87x	4.06x	4.92x	8.88x
Walgreens Boots Alliance, Inc. (WBA)vs ›	$10.37B	-29.20x	3.03x	3.75x	5.52x
Molina Healthcare, Inc. (MOH)vs ›	$10.31B	4.07x	9.27x	11.38x	10.77x
Universal Health Services, Inc. (UHS)vs ›	$9.75B	12.68x	10.82x	8.80x	10.61x
Henry Schein, Inc. (HSIC)vs ›	$9.74B	5.05x	5.30x	10.04x	14.14x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Baxter International Inc. (BAX)

$11.57B

0.85x

-0.76x

1.47x

1.90x

Insulet Corp. (PODD)vs ›

$11.31B

5.94x

6.59x

5.07x

3.90x

Bio-Techne Corporation (TECH)vs ›

$11.21B

12.02x

12.57x

19.51x

17.21x

Align Technology, Inc. (ALGN)vs ›

$11.96B

N/A

67.41x

66.08x

407.22x

Charles River Laboratories International, Inc. (CRL)vs ›

$10.91B

4.74x

3.27x

5.51x

5.84x

Revvity, Inc. (RVTY)vs ›

$12.32B

3.87x

4.06x

4.92x

8.88x

Walgreens Boots Alliance, Inc. (WBA)vs ›

$10.37B

-29.20x

3.03x

3.75x

5.52x

Molina Healthcare, Inc. (MOH)vs ›

$10.31B

4.07x

9.27x

11.38x

10.77x

Universal Health Services, Inc. (UHS)vs ›

$9.75B

12.68x

10.82x

8.80x

10.61x

Henry Schein, Inc. (HSIC)vs ›

$9.74B

5.05x

5.30x

10.04x

14.14x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Baxter International Inc. (BAX)?

The interest coverage ratio for BAX stock is 0.85x.

Is Baxter International Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 0.85x is in line with its 5-year average of 0.89x, near the high end of its 5-year range (-26.42x–11.46x).

What is the TTM average interest coverage ratio for Baxter International Inc. (BAX)?

The TTM average interest coverage ratio for BAX stock is -0.76x.

What is the 3Y average interest coverage ratio for Baxter International Inc. (BAX)?

The 3Y average interest coverage ratio for BAX stock is 1.47x.

What is the 5Y average interest coverage ratio for Baxter International Inc. (BAX)?

The 5Y average interest coverage ratio for BAX stock is 1.90x.

What is the 10Y average interest coverage ratio for Baxter International Inc. (BAX)?

The 10Y average interest coverage ratio for BAX stock is 7.85x.

What is the 15Y average interest coverage ratio for Baxter International Inc. (BAX)?

The 15Y average interest coverage ratio for BAX stock is 11.52x.

DATE	INTEREST COVERAGE RATIO
2026-03-31	0.85x
2025-12-31	-10.57x
2025-09-30	2.53x
2025-06-30	2.65x
2025-03-31	0.72x
2024-12-31	-4.35x
2024-09-30	1.53x
2024-06-30	1.72x
2024-03-31	1.12x
2023-12-31	2.81x
2023-09-30	1.32x
2023-06-30	-0.13x
2023-03-31	1.02x
2022-12-31	2.82x
2022-09-30	-26.42x
2022-06-30	2.84x
2022-03-31	1.85x
2021-12-31	4.91x
2021-09-30	9.50x
2021-06-30	11.46x
2021-03-31	10.54x
2020-12-31	9.90x
2020-09-30	11.19x
2020-06-30	8.28x
2020-03-31	13.63x
2019-12-31	17.87x
2019-09-30	17.96x
2019-06-30	12.50x
2019-03-31	15.32x
2018-12-31	17.30x
2018-09-30	15.92x
2018-06-30	16.00x
2018-03-31	19.64x
2017-12-31	12.30x
2017-09-30	13.64x
2017-06-30	16.52x
2017-03-31	17.65x
2016-12-31	14.10x
2016-09-30	9.30x
2016-06-30	4.25x
2016-03-31	5.70x
2015-12-31	4.81x
2015-09-30	2.42x
2015-06-30	2.42x
2015-03-31	2.63x
2014-12-31	22.17x
2014-09-30	6.03x
2014-06-30	14.02x
2014-03-31	14.00x
2013-12-31	9.24x
2013-09-30	12.82x
2013-06-30	34.50x
2013-03-31	23.06x
2012-12-31	20.50x
2012-09-30	25.06x
2012-06-30	28.78x
2012-03-31	25.67x
2011-12-31	25.00x
2011-09-30	32.39x
2011-06-30	37.77x
2011-03-31	33.86x
2010-12-31	19.37x
2010-09-30	26.07x
2010-06-30	23.27x
2010-03-31	4.75x
2009-12-31	16.66x
2009-09-30	27.11x
2009-06-30	25.76x
2009-03-31	21.45x
2008-09-30	16.49x
2008-06-30	28.08x
2008-03-31	14.86x

DATE

INTEREST COVERAGE RATIO

2026-03-31

0.85x

2025-12-31

-10.57x

2025-09-30

2.53x

2025-06-30

2.65x

2025-03-31

0.72x

2024-12-31

-4.35x

2024-09-30

1.53x

2024-06-30

1.72x

2024-03-31

1.12x

2023-12-31

2.81x

2023-09-30

1.32x

2023-06-30

-0.13x

2023-03-31

1.02x

2022-12-31

2.82x

2022-09-30

-26.42x

2022-06-30

2.84x

2022-03-31

1.85x

2021-12-31

4.91x

2021-09-30

9.50x

2021-06-30

11.46x

2021-03-31

10.54x

2020-12-31

9.90x

2020-09-30

11.19x

2020-06-30

8.28x

2020-03-31

13.63x

2019-12-31

17.87x

2019-09-30

17.96x

2019-06-30

12.50x

2019-03-31

15.32x

2018-12-31

17.30x

2018-09-30

15.92x

2018-06-30

16.00x

2018-03-31

19.64x

2017-12-31

12.30x

2017-09-30

13.64x

2017-06-30

16.52x

2017-03-31

17.65x

2016-12-31

14.10x

2016-09-30

9.30x

2016-06-30

4.25x

2016-03-31

5.70x

2015-12-31

4.81x

2015-09-30

2.42x

2015-06-30

2.42x

2015-03-31

2.63x

2014-12-31

22.17x

2014-09-30

6.03x

2014-06-30

14.02x

2014-03-31

14.00x

2013-12-31

9.24x

2013-09-30

12.82x

2013-06-30

34.50x

2013-03-31

23.06x

2012-12-31

20.50x

2012-09-30

25.06x

2012-06-30

28.78x

2012-03-31

25.67x

2011-12-31

25.00x

2011-09-30

32.39x

2011-06-30

37.77x

2011-03-31

33.86x

2010-12-31

19.37x

2010-09-30

26.07x

2010-06-30

23.27x

2010-03-31

4.75x

2009-12-31

16.66x

2009-09-30

27.11x

2009-06-30

25.76x

2009-03-31

21.45x

2008-09-30

16.49x

2008-06-30

28.08x

2008-03-31

14.86x

Interest Coverage Ratio: 0.85x

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