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Baxter International BAX Renal Care — Net Sales

Discontinued — last reported Q2 '23

Other product segments

Infusion Therapies & Technologies
$981M-1.3%
Care & Connectivity Solutions
$435M+1.9%
Drug Compounding
$320M+30.1%
Advanced Surgery
$304M+13.4%
Injectables & Anesthesia
$301M-10.1%
Front Line Care
$270M-2.5%

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DVAU.S.Dialysis And Related Lab Services — Revenue
$2.92B+3.9%
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DVAOther - Ancillary Services — Dialysis patient service revenues
$248.18M+18.3%
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DVAUS Dialysis And Related Lab Services — Health Care Organization Revenue
$2.52B+11.5%
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DVAU S Dialysis — Dialysis patient service revenues
$1.61B+5.1%
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DVAU S Dialysis And Related Lab Services with Intersegment — Dialysis patient service revenues
$2.82B+2.4%
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DVAU S Dialysis — Total revenues
$2.81B+2.9%

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 July 27, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's renal care — net sales?
Baxter International (BAX) reported renal care — net sales of $936M in Q2 2023.
How has Baxter International's renal care — net sales changed year-over-year?
Baxter International's renal care — net sales increased by 0.5% year-over-year, from $931M to $936M.
What does renal care — net sales mean?
Total revenue earned from the company's kidney care and dialysis product line.
How do you interpret renal care — net sales?
An increase indicates growing market share or higher patient utilization of renal therapy products, while a decrease may signal competitive pressure or reduced demand for dialysis treatments.
How does renal care — net sales compare across companies?
Comparable to dialysis and renal therapy revenue segments reported by major medical device competitors in the nephrology space.