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SG&A at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
$1.21B+8.6%
Stryker logo
StrykerSYK
$2.28B-0.8%
The Cooper Companies, Inc. logo
The Cooper Companies, Inc.COO
$676.2M+69.5%
Medtronic logo
MedtronicMDT
$3.06B+12.4%
STERIS logo
STERISSTE
$351.8M+5.4%
Medline, Inc.
 logo
Medline, Inc. MDLN
$1.23B+14.8%

Segments

By segment

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Medical Products & Therapies$290M+1.4%
Healthcare Systems & Technologies$209M-3.7%
Pharmaceuticals$102M-1.0%

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 us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Baxter International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's SG&A?
Baxter International (BAX) reported SG&A of $728M in Q1 2026.
How has Baxter International's SG&A changed year-over-year?
Baxter International's SG&A increased by 3.6% year-over-year, from $703M to $728M.
What is the long-term trend for Baxter International's SG&A?
Over 4 years (2021 to 2025), Baxter International's SG&A has grown at a 0.4% compound annual growth rate (CAGR), from $2.85B to $2.89B.
What does SG&A mean?
The overhead costs of running the business, excluding direct production costs.
How do you interpret SG&A?
A rising ratio of SG&A to revenue may indicate excessive administrative bloat or aggressive marketing spend, while a decreasing ratio suggests improved operational leverage.
How does SG&A compare across companies?
Commonly compared across peers to assess management's ability to control overhead and scale the business efficiently.