Baxter International Inc. BAX

23.37 (0.11) (0.47%) as of 25 Sep
Market cap
$12.2B
P/E
0.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Baxter International Inc. (BAX) Free cash flow margin

Baxter International Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 7.11%, up 4.2 percentage points from fiscal 2025 (2.95%). Over the past ten years it has ranged from 2.95% (fiscal 2025) to 12.6% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Medical Instruments & Supplies industry median of 1.61% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 2.95% (2.44)
FY2024 5.39% (7.10)
FY2023 12.5% 4.20
FY2022 8.29% (4.31)
FY2021 12.6% 2.67
FY2020 9.93% (2.46)
FY2019 12.4% 0.15
FY2018 12.2% 1.87
FY2017 10.4% 1.17
FY2016 9.20% 0.57

Against its own ten years

Low 2.95% High 12.6%
Ten-year median 9.93%
Current reading's percentile 9

Free cash flow margin against peers

Company Free cash flow margin
ALGN Align Technology, Inc. compare 16.3%
COO The Cooper Companies, Inc. compare 16.0%
RGEN Repligen Corporation compare 14.1%
ATR AptarGroup, Inc. compare 8.00%
BAX Baxter International Inc. 7.11%
AVTR Avantor, Inc. compare 6.93%
BLCO Bausch + Lomb Corporation compare 2.57%
SOLV Solventum Corporation compare −1.42%
STVN Stevanato Group S.p.A. compare −2.43%
Medical Instruments & Supplies industry median 1.61%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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