BAX vs RMTI Stock Comparison

Baxter International and Rockwell Medical Prices as of Oct 26, 2026 Peers: Industry group
BAX Baxter International Inc
$25.29 +8.2% 1M +9.9% 1Y
Market cap
$12.89B
P/E
–
Revenue (TTM)
$5.55B
Div. yield
0.01%
Medical Supplies Healthcare
3 wins
RMTI Rockwell Medical, Inc.
$7.03 -16.0% 1M +506.0% 1Y
Market cap
$26.96M
P/E
–
Revenue (TTM)
$69.39M
Div. yield
–
Medical Supplies Healthcare
5 wins

Head to Head

8 decided of 12

Rockwell Medical leads on 5 of the 12 questions below (Rockwell Medical 5, Baxter International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBAXRMTILeader
Larger companyMarket capitalisation $12.89B $26.96M BAX
Cheaper on earningsLower P/E, profitable companies only -12.1x -5.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.8x — –
Faster revenue growthRevenue growth, trailing twelve months -49.1% -21.1% RMTI
More profitableNet margin, trailing twelve months -19.2% -7.3% RMTI
Better return on capitalReturn on invested capital 3.4% — –
Less leveragedLower net debt / EBITDA 4.8x 7.8x BAX
Higher dividend yieldTrailing dividend yield 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +9.9% +506.0% RMTI
Better 5-year returnAnnualised price return, 5 years -21.0%/yr +3.8%/yr RMTI
Less volatileAnnualised volatility, 1 year 44.4% 402.6% BAX
Higher overall scoreMean of the five percentile scores vs peers 44/100 56/100 RMTI

Percentile Scorecard

BAXRMTI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBAXRMTI
Valuation 82 #41 of 228 89 #25 of 228
Growth 19 #180 of 221 26 #165 of 221
Profitability 73 #57 of 208 56 #92 of 208
Financial Health 19 #194 of 239 55 #109 of 239
Shareholder Returns 27 #101 of 137 –
Overall 44 56
  • BAX ranked among 248 companies in Medical Devices and Diagnostics
  • RMTI ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBAXRMTISPY
1 month +8.2%-16.0% -0.8%
3 months +8.4%+0.4% +3.5%
6 months +36.8%+727.1% +7.0%
Year to date +32.3%+747.0% +12.2%
1 year +9.9%+506.0% +13.0%
3 years -21.4%+321.0% +86.3%
3 years, per year -7.7%+61.5% +23.1%
5 years -69.1%+20.6% +68.6%
5 years, per year -21.0%+3.8% +11.0%
10 years -46.7%-88.8% +258.0%
10 years, per year -6.1%-19.7% +13.6%

Risk

MeasureBAXRMTISPY
Volatility, 1Y 44.4%402.6% 12.7%
Downside volatility, 1Y 48.2%353.0% 12.7%
Beta vs S&P 500, 1Y 1.161.66 1.00
Return / volatility, 1Y 0.221.26 1.02
Max drawdown, 5Y -82.3%-91.1% -25.4%
From 52-week high -10.8%-20.6% -1.8%
52-week high $28.35$8.85 $779.14
52-week low $15.80$0.55 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBAXRMTI
P/E now vs peer median -12.3xmedian 30.6x -5.5xmedian 30.6x
P/S now vs peer median 2.4xmedian 3.0x 0.4xmedian 3.0x
EV/EBITDA now vs peer median 13.5xmedian 17.5x -6.0xmedian 17.5x
P/FCF now vs peer median 15.6xmedian 23.3x 18.6xmedian 23.3x
P/B now vs peer median 2.1xmedian 2.4x 0.8xmedian 2.4x
PEG now vs peer median -0.43median 0.87 -0.13median 0.87

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBAXRMTI
Revenue $5.55B $69.39M
Gross profit $3.78B $12.29M
Operating income $532.00M -$4.52M
Net income -$1.06B -$5.08M
Free cash flow $839.00M $1.50M
R&D $542.00M $40.00K
EPS (diluted) $-2.05 $-1.28
Cash & equivalents $2.15B $10.52M
Total debt $9.46B $9.00M
Shares (diluted) 518.00M 3.96M
Enterprise value $5.02B -$70.43M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBAXRMTI
P/E -12.3x -5.5x
P/FCF 15.6x 18.6x
P/Operating cash flow 9.7x 9.8x
P/S 2.4x 0.4x
P/B 2.1x 0.8x
P/Tangible book 6.1x 1.1x
EV/EBITDA 13.5x -6.0x
EV/EBIT 38.3x -2.7x
EV/Revenue 3.7x 0.2x
EV/FCF 24.3x 8.1x
EV/Operating cash flow 15.2x 4.2x
PEG (3Y EPS CAGR) -0.43 -0.13

Growth

14 metrics
MetricBAXRMTI
Revenue growth (1Y) -49.1% -21.1%
Revenue CAGR (3Y) -23.5% -2.9%
Gross profit growth (1Y) -1.8% -20.3%
Gross profit CAGR (3Y) -5.2% 22.1%
Operating income growth (1Y) -50.8% -250.1%
Operating income CAGR (3Y) 29.5% 23.4%
Net income growth (1Y) -604.0% -142.2%
Net income CAGR (3Y) 28.0% 24.1%
EPS growth (1Y) -580.5% -109.9%
EPS CAGR (3Y) 28.6% 41.1%
Operating cash flow growth (1Y) 56.3% -18.3%
Operating cash flow CAGR (3Y) -4.8% 34.2%
Free cash flow growth (1Y) 153.5% -44.2%
Free cash flow CAGR (3Y) -9.5% 30.2%

Profitability

14 metrics
MetricBAXRMTI
Gross margin 68.1% 17.7%
EBITDA margin 27.3% -2.9%
Operating margin 9.6% -6.5%
Pretax margin 5.1% -7.9%
Net margin -19.2% -7.3%
FCF margin 15.1% 2.2%
Operating cash flow margin 24.2% 4.1%
Return on equity -17.4% -15.5%
Return on assets -5.4% -9.6%
Return on invested capital 3.4% –
Return on capital employed 3.3% -9.9%
Asset turnover 0.3x 1.2x
Cash conversion (OCF / net income) -1.3x -0.6x
Stock comp / revenue 2.1% 2.7%

Financial Health

11 metrics
MetricBAXRMTI
Debt / assets 47.8% 15.9%
Debt / equity 1.5x 0.3x
Net debt / EBITDA 4.8x 7.8x
Debt / FCF 11.3x 6.0x
Liabilities / assets 68.6% 37.9%
Equity / assets 31.4% 62.1%
Interest coverage – -4.0x
Current ratio 1.9x 3.3x
Quick ratio 1.1x 3.0x
Cash ratio 0.6x 2.2x
Altman Z-score 2.13 -7.77

Shareholder Returns

7 metrics
MetricBAXRMTI
Dividend yield 0.2% –
Net buyback yield -0.2% –
Shareholder yield 0.0% –
Payout ratio (earnings) -17.3% –
Payout ratio (FCF) 21.9% –
Dividend growth (1Y) -60.8% –
Dividend CAGR (3Y) -32.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBAXRMTI
Forward P/E 12.8xFY2026 –
EPS, next fiscal year $1.98FY2026 $-0.97FY2026
EPS growth, next FY -10.4%FY2026 –
EPS growth, the year after -3.5% –
Revenue, next fiscal year $11.05BFY2026 $77.07MFY2026
Revenue growth, next FY -1.7%FY2026 +11.3%FY2026
Revenue growth, the year after +11.7% +7.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBAXRMTI
Held by institutions 100.0% 8.6%
Institutions holding 690 33
Change in shares held, QoQ +5.2% -14.2%
Institutions buying 359 13
Institutions selling 193 9
Buyers to sellers 1.86 1.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BAXRMTI
BAX 1.00 0.08
RMTI 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BAX and RMTI?

Baxter International (BAX) is the largest by market capitalisation: Baxter International (BAX) $12.89B, Rockwell Medical (RMTI) $26.96M.

Which company is growing faster?

Rockwell Medical (RMTI) grew revenue fastest over the trailing twelve months: Baxter International (BAX) -49.1%, Rockwell Medical (RMTI) -21.1%.

Which company is more profitable?

Rockwell Medical (RMTI) has the highest net margin (Baxter International (BAX) -19.2%, Rockwell Medical (RMTI) -7.3%).

Which stock has performed better?

Over the past year Rockwell Medical (RMTI) returned the most: Baxter International (BAX) +9.9%, Rockwell Medical (RMTI) +506.0%. Over five years, Rockwell Medical (RMTI) compounded fastest (Baxter International (BAX) -21.0%/yr, Rockwell Medical (RMTI) +3.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Baxter International (BAX) 0.01%, Rockwell Medical (RMTI) 0.00%. Rockwell Medical (RMTI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baxter International (BAX) has been the steadiest (Baxter International (BAX) 44.4%, Rockwell Medical (RMTI) 402.6%). Volatility measures how widely the price swings, not the risk of the business.

Do BAX and RMTI move together?

Their daily returns over the past year have a correlation of 0.08, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BAX and RMTI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Rockwell Medical (RMTI) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.