What are Baxter International's profit margins?

Baxter International (BAX) runs a 30.1% gross margin and a -2.7% operating margin, with a -9.7% net margin.

Where do Baxter International's ratios come from?

Every ratio is computed from Baxter International's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Baxter International BAX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	30.1%+0.1pp	30.1%-4.1pp	34.1%-1.2pp	35.3%-0.8pp	36.1%-1.4pp
Operating margin	-2.7%+0.1pp	-2.7%—	——	——	——
Net margin	-9.7%-1.2pp	-8.5%-5.4pp	-3.1%-1.7pp	-1.4%+3.8pp	-5.2%+0.9pp
Returns
Return on equity	-16.7%-2.1pp	-14.6%-10.1pp	-4.5%-2.4pp	-2.1%+5.3pp	-7.3%+1.1pp
Return on invested capital	-6.5%-3.7pp	-2.7%-5.6pp	2.9%+0.1pp	2.8%0.0pp	2.7%+0.5pp
Efficiency
Asset turnover	0.6×+0.1×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.4×0.0×
Liquidity
Current ratio	1.9×-0.5×	2.3×+0.5×	1.8×-0.5×	2.3×+0.3×	2×+0.7×
Leverage
Debt-to-equity	0×0.0×	0.1×0.0×	0×0.0×	0×0.0×	0×-1.8×
Net debt / EBITDA	-2.7×-0.2×	-2.4×-1.3×	-1.1×0.0×	-1.1×+0.5×	-1.6×-9.5×
Per Share
Book value per share	$11.73-1.8%	$11.95-15.2%	$14.09-1.1%	$14.24+3.4%	$13.78+0.9%
Valuation
Market capitalization	$8.67B-11.7%	$9.82B-16.0%	$11.7B-25.5%	$15.7B-10.6%	$17.56B+17.9%
Price / sales	0.8×-0.1×	0.9×-0.2×	1.1×-0.4×	1.4×-0.2×	1.6×+0.2×
Price / book	1.4×-0.2×	1.6×0.0×	1.6×-0.5×	2.1×-0.3×	2.5×+0.3×
EV / EBITDA	10.3×-1.9×	12.2×+4.6×	7.5×-3.0×	10.5×-1.3×	11.8×-6.8×
Dividend yield	3.1%-0.5pp	3.5%+0.1pp	3.5%+0.5pp	3%0.0pp	3%-0.9pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Baxter International.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Baxter International's profit margins?: Baxter International (BAX) runs a 30.1% gross margin and a -2.7% operating margin, with a -9.7% net margin.
Where do Baxter International's ratios come from?: Every ratio is computed from Baxter International's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.