What does renal care — revenue mean?

Revenue recognized specifically from formal customer contracts within the renal care segment.

How do you interpret renal care — revenue?

An increase suggests strong customer retention and successful long-term contract renewals, whereas a decline may indicate contract terminations or pricing pressure in the renal market.

How does renal care — revenue compare across companies?

Similar to contract-based revenue reporting found in medical technology companies that utilize long-term supply agreements with hospital networks.

Baxter International BAX Renal Care — Revenue

Discontinued — last reported Q4 '20

Similar metrics at other companies

CMS

CMSOther — Revenue recognized from contracts with customers

$96M-38.5%

AWK

AWKOther — Revenue

-$4M+5.9%

DVAU.S. dialysis — Revenue From Contract With Customer Including Assessed Tax Net Of Provision For Uncollectible Accounts

$2.61B+2.7%

CYTKReimbursements — Revenue

$1.64M-50.0%

AWK

AWKOther — Revenue from contract

-$4M+20.0%

AWK

AWKService, Other — Revenue

-$4.25M+22.7%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

Return on equity-16.7%-76.7pp

Debt / equity0×0.0×

Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: Baxter International’s 10-K, filed February 11, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does renal care — revenue mean?: Revenue recognized specifically from formal customer contracts within the renal care segment.
How do you interpret renal care — revenue?: An increase suggests strong customer retention and successful long-term contract renewals, whereas a decline may indicate contract terminations or pricing pressure in the renal market.
How does renal care — revenue compare across companies?: Similar to contract-based revenue reporting found in medical technology companies that utilize long-term supply agreements with hospital networks.