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Baxter International BAX Price / earnings

Price / earnings at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
44.3×+13.3×
Stryker logo
StrykerSYK
32.4×-18.2×
The Cooper Companies, Inc. logo
The Cooper Companies, Inc.COO
52×+12.2×
Omnicell logo
OmnicellOMCL
70.2×
LeMaitre Vascular logo
LeMaitre VascularLMAT
33.4×-7.3×
InfuSystem Holdings logo
InfuSystem HoldingsINFU
23.6×-11.8×

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$14.13B+22.3%
Enterprise value$12.33B+22.1%
P/S1.3×+0.2×

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

Calculated from Baxter International’s reported figures.

Based on the most recent quarter.

The source filing: Baxter International’s 10-Q, filed November 4, 2025. Open the filing →

Filed
Nov 4, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001628280-25-048897

FAQ

What is Baxter International's price / earnings?
Baxter International (BAX) reported price / earnings of 179.4× in Q3 2024.
How has Baxter International's price / earnings changed year-over-year?
Baxter International's price / earnings increased by 2332.6% year-over-year, from 7.4× to 179.4×.
What is the long-term trend for Baxter International's price / earnings?
Over 2 years (2020 to 2023), Baxter International's price / earnings has grown at a -55.0% compound annual growth rate (CAGR), from 36.5× to 7.4×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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