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Baxter International BAX Operating Lease Liabilities

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Other financials

Income statement

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Revenue$2.7B+2.9%
Gross profit$891.0M+3.5%
Operating income$66.0M+13.8%
Net income-$15.0M-112%
EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%
Total debt$224.0M-8.9%
Total equity$6.0B-14.7%
Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%
CapEx$128.3M+15.0%
Free cash flow$83.0M-42.1%

Valuation

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Market cap$10.27B-50.6%
Enterprise value$8.48B-55.6%
P/S0.9×-1.0×

Profitability

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Gross margin30.1%-5.9pp
Operating margin-2.7%
Net margin-9.7%+62.5pp
FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp
Debt / equity0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The official record: Baxter International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's operating lease liabilities?
Baxter International (BAX) reported operating lease liabilities of $224M in Q1 2026.
How has Baxter International's operating lease liabilities changed year-over-year?
Baxter International's operating lease liabilities decreased by 4.7% year-over-year, from $235M to $224M.
What is the long-term trend for Baxter International's operating lease liabilities?
Over 5 years (2020 to 2025), Baxter International's operating lease liabilities has grown at a -14.9% compound annual growth rate (CAGR), from $501M to $223M.
What does operating lease liabilities mean?
The long-term portion of the company's future obligations for rented assets like offices or equipment.
How do you interpret operating lease liabilities?
An increase reflects expansion of the physical footprint or equipment leasing, while a decrease suggests lease expirations or a shift toward ownership.
How does operating lease liabilities compare across companies?
This metric is highly dependent on the company's real estate strategy and whether they prefer leasing over owning facilities.