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

25.50 0.15 −0.58%
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) Return on equity

Alert me on Return on equity

Baxter International Inc.'s return on equity over the twelve months to 30 September 2026 was −10.6%, up 4.0 percentage points from fiscal 2025 (−14.6%). Over the past ten years it has ranged from −32.4% (fiscal 2022) to 57.9% (fiscal 2016); the current reading is higher than 18% of that period. That is below the Medical Instruments & Supplies industry median of 0.00% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −14.6% (6.20)
FY2024 −8.38% (45.36)
FY2023 37.0% 69.39
FY2022 −32.4% (46.80)
FY2021 14.4% 1.14
FY2020 13.3% 0.56
FY2019 12.7% (5.52)
FY2018 18.2% 11.29
FY2017 6.92% (51.00)
FY2016 57.9% 46.55

Against its own ten years

Low −32.4% High 57.9%
Ten-year median 12.7%
Current reading's percentile 18

Return on equity against peers

Company Return on equity
WST West Pharmaceutical Services, Inc. compare 21.2%
ATR AptarGroup, Inc. compare 9.86%
COO The Cooper Companies, Inc. compare 6.84%
AVTR Avantor, Inc. compare 5.91%
SOLV Solventum Corporation compare 3.19%
ALGN Align Technology, Inc. compare 0.00%
RGEN Repligen Corporation compare −0.57%
BLCO Bausch + Lomb Corporation compare −1.71%
BAX Baxter International Inc. −10.6%
Medical Instruments & Supplies industry median 0.00%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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