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Baxter International BAX BioPharma Solutions — Net Sales

Discontinued — last reported Q1 '23

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Baxter International’s 10-Q, filed April 27, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's biopharma solutions — net sales?
Baxter International (BAX) reported biopharma solutions — net sales of $139M in Q1 2023.
How has Baxter International's biopharma solutions — net sales changed year-over-year?
Baxter International's biopharma solutions — net sales decreased by 10.9% year-over-year, from $156M to $139M.
What does biopharma solutions — net sales mean?
This metric represents the total revenue generated from the BioPharma Solutions segment, which provides specialized contract manufacturing and development services for pharmaceutical and biotechnology companies. It reflects the company's ability to monetize its technical expertise in sterile fill-finish, formulation, and packaging for complex drug products. This segment is a key indicator of the company's role as a strategic partner in the drug development supply chain.