Baxter International Inc (BAX) stock
BAXNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 9/304% above fair value
$25.81+0.07 (+0.27%)
Close on Nov 13, 2026Market cap $13.35BP/E –Yield 2.01%
Baxter International profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Baxter International's profit margin for the twelve months ending Sep 30, 2026 was -6.2%. For fiscal 2025 it was -8.5%, against -6.1% the year before. The highest annual figure on record is 48.9% in fiscal 2016.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -8.5% | −2.4 |
| FY2024 | Dec 31, 2024 | -6.1% | −31.7 |
| FY2023 | Dec 31, 2023 | 25.6% | +49.8 |
| FY2022 | Dec 31, 2022 | -24.2% | −34.8 |
| FY2021 | Dec 31, 2021 | 10.6% | +1.1 |
| FY2020 | Dec 31, 2020 | 9.4% | +0.6 |
| FY2019 | Dec 31, 2019 | 8.8% | −5.1 |
| FY2018 | Dec 31, 2018 | 13.9% | +8.2 |
| FY2017 | Dec 31, 2017 | 5.7% | −43.2 |
| FY2016 | Dec 31, 2016 | 48.9% | +39.1 |
| FY2015 | Dec 31, 2015 | 9.7% | −13.6 |
| FY2014 | Dec 31, 2014 | 23.3% | +1.9 |
| FY2013 | Dec 31, 2013 | 21.4% | +4.7 |
| FY2012 | Dec 31, 2012 | 16.7% | +0.7 |
| FY2011 | Dec 31, 2011 | 16.0% | +5.0 |
| FY2010 | Dec 31, 2010 | 11.1% | −6.5 |
| FY2009 | Dec 31, 2009 | 17.6% | +1.2 |
| FY2008 | Dec 31, 2008 | 16.3% | +1.2 |
| FY2007 | Dec 31, 2007 | 15.2% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 9.9% | +11.5 |
| Q2 FY2026 | Jun 30, 2026 | 4.3% | +1.0 |
| Q1 FY2026 | Mar 31, 2026 | -0.6% | −5.4 |
| Q4 FY2025 | Dec 31, 2025 | -37.9% | −19.3 |
| Q3 FY2025 | Sep 30, 2025 | -1.6% | −6.8 |
| Q2 FY2025 | Jun 30, 2025 | 3.2% | +14.9 |
| Q1 FY2025 | Mar 31, 2025 | 4.8% | +3.3 |
| Q4 FY2024 | Dec 31, 2024 | -18.6% | −27.6 |
| Q3 FY2024 | Sep 30, 2024 | 5.2% | −91.3 |
| Q2 FY2024 | Jun 30, 2024 | -11.7% | −6.2 |
| Q1 FY2024 | Mar 31, 2024 | 1.5% | −0.3 |
| Q4 FY2023 | Dec 31, 2023 | 9.0% | +4.1 |
| Q3 FY2023 | Sep 30, 2023 | 96.5% | +177.9 |
| Q2 FY2023 | Jun 30, 2023 | -5.4% | −12.5 |
| Q1 FY2023 | Mar 31, 2023 | 1.8% | −0.2 |
| Q4 FY2022 | Dec 31, 2022 | 4.8% | −3.4 |
| Q3 FY2022 | Sep 30, 2022 | -81.4% | −95.3 |
| Q2 FY2022 | Jun 30, 2022 | 7.0% | −2.6 |
| Q1 FY2022 | Mar 31, 2022 | 2.0% | −8.1 |
| Q4 FY2021 | Dec 31, 2021 | 8.3% | +3.0 |
| Q3 FY2021 | Sep 30, 2021 | 13.9% | +2.0 |
| Q2 FY2021 | Jun 30, 2021 | 9.6% | +0.6 |
| Q1 FY2021 | Mar 31, 2021 | 10.1% | −1.7 |
| Q4 FY2020 | Dec 31, 2020 | 5.3% | +6.0 |
| Q3 FY2020 | Sep 30, 2020 | 12.0% | −1.0 |
| Q2 FY2020 | Jun 30, 2020 | 9.1% | −2.0 |
| Q1 FY2020 | Mar 31, 2020 | 11.8% | −1.1 |
| Q4 FY2019 | Dec 31, 2019 | -0.8% | −11.5 |
| Q3 FY2019 | Sep 30, 2019 | 12.9% | −5.8 |
| Q2 FY2019 | Jun 30, 2019 | 11.0% | −1.1 |
| Q1 FY2019 | Mar 31, 2019 | 13.0% | −1.2 |
| Q4 FY2018 | Dec 31, 2018 | 10.8% | +13.3 |
| Q3 FY2018 | Sep 30, 2018 | 18.8% | +9.5 |
| Q2 FY2018 | Jun 30, 2018 | 12.1% | +1.9 |
| Q1 FY2018 | Mar 31, 2018 | 14.2% | +3.2 |
| Q4 FY2017 | Dec 31, 2017 | -2.6% | −11.7 |
| Q3 FY2017 | Sep 30, 2017 | 9.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 10.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 11.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 9.2% | – |
See a number that looks wrong?