BAXTER INTERNATIONAL INC (BAX) Risk Factors

Health CareLatest 10-K filed Feb 12, 2026Source: SEC EDGAR

WealthWire extracted and classified 38 risk factors from BAXTER INTERNATIONAL INC’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that BAXTER INTERNATIONAL INC surfaced in its latest filing.

  • Divestiture of Kidney Care business in January 2025January 2025
  • Acquisition of Hillrom in 2021, with integration taking longer than anticipated2021
  • Recently decreased quarterly dividend to $0.01 per share
  • Approximately $9.48 billion of indebtedness outstanding as of December 31, 2025December 31, 2025
  • Repayment of $3.81 billion of legacy indebtedness in 2025 (excluding $2.00 billion repaid with new notes offering)2025
  • Stated net leverage target expected by end of 2026, with possible further credit rating downgrades if not achievedend of 2026
  • Hurricane Helene caused production delays and reset demand levels in IV solutions business, negatively impacting sales of certain premix products
  • Possible disputes or litigation with Carlyle or Vantive under the Equity Purchase Agreement, Transition Services Agreement, or Manufacturing and Supply Agreement
  • In July 2025, announced the election of Andrew Hider as President and CEOJuly 2025
  • Announced other leadership transitions throughout the year

Go deeper on BAX

This page shows the category breakdown of the latest filing. The WealthWire API and dashboard add the full risk-factor text, multi-year trends, sector comparisons, and CSV export — for BAX and every other S&P 500 company.