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Baxter International BAX Effective Income Tax Rate Reconciliation, Pillar Two Tax Expense, Amount

Effective Income Tax Rate Reconciliation, Pillar Two Tax Expense, Amount at other companies

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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 bax:EffectiveIncomeTaxRateReconciliationPillarTwoTaxExpenseAmount.

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

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Questions, answered.

What is Baxter International's effective income tax rate reconciliation, pillar two tax expense, amount?
Baxter International (BAX) reported effective income tax rate reconciliation, pillar two tax expense, amount of -$2.75M in Q4 2024.
What does effective income tax rate reconciliation, pillar two tax expense, amount mean?
The tax impact resulting from compliance with global minimum tax standards.
How do you interpret effective income tax rate reconciliation, pillar two tax expense, amount?
Lower expenses related to Pillar Two indicate better alignment with global tax standards or lower exposure to top-up taxes.
How does effective income tax rate reconciliation, pillar two tax expense, amount compare across companies?
Increasingly common for large multinational enterprises as global tax jurisdictions adopt OECD guidelines.