Skip to content

Baxter International BAX Notional interest deduction expense (benefit)

Notional interest deduction expense (benefit) at other companies

International Flavors & Fragrances logo
International Flavors & FragrancesIFF
$205M-9.3%
PepsiCo logo
PepsiCoPEP
$181M-10.4%
GE Vernova logo
GE VernovaGEV
-$20M
GE Vernova logo
GE VernovaGEV
-2.8%
Caterpillar logo
CaterpillarCAT
$61.25M+44.1%
nVent Electric plc logo
nVent Electric plcNVT
$39.3M-8.0%

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×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept bax:EffectiveIncomeTaxRateReconciliationNotionalInterestDeductionCarryforwardBenefit.

The official record: Baxter International’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Baxter International's notional interest deduction expense (benefit).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Baxter International's notional interest deduction expense (benefit)?
Baxter International (BAX) reported notional interest deduction expense (benefit) of -$9.25M in Q4 2024.
How has Baxter International's notional interest deduction expense (benefit) changed year-over-year?
Baxter International's notional interest deduction expense (benefit) decreased by 219.4% year-over-year, from $7.75M to -$9.25M.
What is the long-term trend for Baxter International's notional interest deduction expense (benefit)?
Over 3 years (2021 to 2024), Baxter International's notional interest deduction expense (benefit) has grown at a -27.5% compound annual growth rate (CAGR), from -$97M to -$37M.
What does notional interest deduction expense (benefit) mean?
Tax savings from deductions allowed on equity capital in specific tax jurisdictions.
How do you interpret notional interest deduction expense (benefit)?
An increase indicates higher utilization of equity-based tax incentives, improving the effective tax rate.
How does notional interest deduction expense (benefit) compare across companies?
Specific to companies operating in countries that offer notional interest deduction regimes.