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Baxter International BAX Retained Earnings

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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$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

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:RetainedEarningsAccumulatedDeficit.

The source filing: Baxter International’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:50 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028962
Line itemMarch 31,2026December 31,2025
Common stock, $1 par value, authorized 2,000,000,000 shares, issued 683,494,944 shares in 2026 and 2025683683
Common stock in treasury, at cost, 167,047,900 shares in 2026 and 169,213,617 shares in 2025(10,737)(10,873)
Additional contributed capital6,2146,368
Retained earnings13,68513,705
Accumulated other comprehensive loss(3,802)(3,754)
Total Baxter stockholders’ equity6,0436,129
Noncontrolling interests(27)(27)
Total equity6,0166,102

Item 1. Financial Statements (unaudited)

FAQ

What is Baxter International's retained earnings?
Baxter International (BAX) reported retained earnings of $13.69B in Q1 2026.
How has Baxter International's retained earnings changed year-over-year?
Baxter International's retained earnings decreased by 8.6% year-over-year, from $14.97B to $13.69B.
What is the long-term trend for Baxter International's retained earnings?
Over 5 years (2020 to 2025), Baxter International's retained earnings has grown at a -3.4% compound annual growth rate (CAGR), from $16.33B to $13.71B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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