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Baxter International BAX Income Tax Reconciliation Foreign Tax Credits Due To Tax Cuts And Jobs Act Of2017

Income Tax Reconciliation Foreign Tax Credits Due To Tax Cuts And Jobs Act Of2017 at other companies

Air Products and Chemicals logo
Air Products and ChemicalsAPD
0%
SBA Communications logo
SBA CommunicationsSBAC
$214.25K
SBA Communications logo
SBA CommunicationsSBAC
$4.61M
SBA Communications logo
SBA CommunicationsSBAC
-$3.77M
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PopularBPOP
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PopularBPOP

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:IncomeTaxReconciliationForeignTaxCreditsDueToTaxCutsAndJobsActOf2017.

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 income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017?
Baxter International (BAX) reported income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 of -$3.75M in Q4 2024.
How has Baxter International's income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 changed year-over-year?
Baxter International's income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 increased by 53.1% year-over-year, from -$8M to -$3.75M.
What is the long-term trend for Baxter International's income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017?
Over 3 years (2021 to 2024), Baxter International's income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 has grown at a 4.9% compound annual growth rate (CAGR), from -$13M to -$15M.
What does income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 mean?
The reduction in tax expense resulting from foreign tax credits under specific tax reform legislation.
How do you interpret income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017?
An increase indicates higher utilization of foreign tax credits, potentially lowering the effective tax rate.
How does income tax reconciliation foreign tax credits due to tax cuts and jobs act of2017 compare across companies?
Common among multinational corporations with significant operations in jurisdictions with higher tax rates than the U.S.