Baxter International Inc.

BAX Healthcare Medical Instruments & Supplies

Baxter International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 5.72% from fiscal 2024.

Revenue
+4.97%
EPS
+731.9%
Free cash flow
+255.6%
Total debt
−9.48%

Quarter to September 2026, against a year earlier

25.78 0.13 +0.51%
Market cap
$13.3B
P/E
0.0×
Fwd P/E
21.3×
Dividend yield
0.16%
F-score
4/9
Altman Z
2.12
Beneish M
−2.67
Dividend safety
0/100

Baxter International Inc. (BAX) Revenue growth

Alert me on Revenue growth

Baxter International Inc.'s revenue growth over the twelve months to 30 September 2026 was 5.33%, down 0.4 percentage points from fiscal 2025 (5.72%). Over the past ten years it has ranged from −17.2% (fiscal 2022) to 5.72% (fiscal 2025) — the current reading is the highest in ten years. That is below the Medical Instruments & Supplies industry median of 8.97% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 5.72% 3.06
FY2024 2.66% (0.35)
FY2023 3.01% 20.21
FY2022 −17.2% (21.25)
FY2021 4.05% 1.31
FY2020 2.74% 0.37
FY2019 2.37% (2.50)
FY2018 4.87% 0.73
FY2017 4.14% 2.18
FY2016 1.96% 8.97

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 4.97% (0.37)
Jun 2026 5.34% 2.44
Mar 2026 2.90% (5.13)
Dec 2025 8.03% 2.99
43 more quarters

Against its own ten years

Low −17.2% High 5.72%
Ten-year median 2.74%
Current reading's percentile 100

Revenue growth against peers

Company Revenue growth
RGEN Repligen Corporation compare 13.8%
WST West Pharmaceutical Services, Inc. compare 12.6%
ATR AptarGroup, Inc. compare 8.97%
BLCO Bausch + Lomb Corporation compare 8.88%
BAX Baxter International Inc. 5.33%
COO The Cooper Companies, Inc. compare 4.73%
ALGN Align Technology, Inc. compare 4.42%
AVTR Avantor, Inc. compare 0.92%
SOLV Solventum Corporation compare −2.84%
Medical Instruments & Supplies industry median 8.97%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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