What does US — PP&E (net) mean?

The total value of the company's physical assets in the United States after accounting for wear and tear.

How do you interpret US — PP&E (net)?

An increase suggests ongoing capital investment in domestic production capacity or infrastructure, while a decrease may indicate asset divestiture, high depreciation rates, or a shift toward outsourcing production.

How does US — PP&E (net) compare across companies?

Peers in the medical device and hospital supply industry typically report similar figures under 'Net Property, Plant, and Equipment' categorized by geographic region or major business segment.

Baxter International BAX US — PP&E (Net)

Discontinued — last reported Q4 '18

Similar metrics at other companies

NDSNUS — PP&E (Net)

$286.89M+2.7%

ZBHUS — PP&E (Net)

$1.33B+5.8%

LOGIUS — PP&E (Net)

$27.1M-19.1%

PODDU.S. — Property, plant and equipment, net

$469.3M-0.4%

MDTUNITED STATES — Property, plant, and equipment, net

$5.46B+6.3%

JAZZUS — PP&E (Net)

$126.94M+32.8%

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

See full

Market cap$10.27B-50.6%

Enterprise value$8.48B-55.6%

P/S0.9×-1.0×

Profitability

See full

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:PropertyPlantAndEquipmentNet.

The official record: Baxter International’s 10-K, filed February 21, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does US — PP&E (net) mean?: The total value of the company's physical assets in the United States after accounting for wear and tear.
How do you interpret US — PP&E (net)?: An increase suggests ongoing capital investment in domestic production capacity or infrastructure, while a decrease may indicate asset divestiture, high depreciation rates, or a shift toward outsourcing production.
How does US — PP&E (net) compare across companies?: Peers in the medical device and hospital supply industry typically report similar figures under 'Net Property, Plant, and Equipment' categorized by geographic region or major business segment.