Baxter International (BAX) EBIT Margin (2009 - 2026)
Baxter International (BAX) reported EBIT Margin of 2.44% for Q1 2026, up 23.0% year-over-year from 1.99% in Q1 2025, and up 10.59% on a QoQ basis from 2.21% in Q1 2025.
Baxter International (BAX) has 18 years of EBIT Margin data on file, last reported at 2.44% in Q1 2026.
- Quarterly EBIT Margin rose 23.0% year-over-year to 2.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.63% (down 897.0% YoY) and the FY2025 annual result came in at 2.74%, down 287.0% from the prior year.
- EBIT Margin climbed to 2.44% in Q1 2026 per BAX's latest filing, from 2.21% in the prior quarter.
- Across five years, EBIT Margin topped out at 38.27% in Q3 2024 and bottomed at 79.8% in Q3 2022.
- The 5-year median for EBIT Margin is 4.93% (2022), against an average of 5.26%.
- The widest annual swing landed in 2022, when EBIT Margin plunged 9570 bps; it then surged 7784 bps in 2023.
- Tracing BAX's EBIT Margin over 5 years: stood at 8.33% in 2022, then soared by 384 bps to 23.67% in 2023, then jumped by 47 bps to 34.83% in 2024, then slumped by 94 bps to 2.21% in 2025, then rose by 11 bps to 2.44% in 2026.
- Per Business Quant, the three latest BAX EBIT Margin figures stand at 2.44% (Q1 2026), 2.21% (Q1 2025), and 34.83% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 30.87% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 1.97% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 34.92% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 20.96% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 4.04% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 20.78% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 13.65% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 2.44% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 10.94% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 8.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.44% |
| Mar 31, 2025 | 2.21% |
| Dec 31, 2024 | 34.83% |
| Sep 30, 2024 | 38.27% |
| Jun 30, 2024 | 38.27% |
| Mar 31, 2024 | 7.51% |
| Dec 31, 2023 | 23.67% |
| Sep 30, 2023 | -1.96% |
| Jun 30, 2023 | -0.66% |
| Mar 31, 2023 | 5.28% |
| Dec 31, 2022 | -8.33% |
| Sep 30, 2022 | -79.80% |
| Jun 30, 2022 | 7.35% |
| Mar 31, 2022 | 4.58% |
| Dec 31, 2021 | 0.80% |
| Sep 30, 2021 | 15.90% |
| Jun 30, 2021 | 13.69% |
| Mar 31, 2021 | 13.24% |
| Dec 31, 2020 | 12.76% |
| Sep 30, 2020 | 15.81% |
| Jun 30, 2020 | 12.18% |
| Mar 31, 2020 | 14.60% |
| Dec 31, 2019 | 17.64% |
| Sep 30, 2019 | 17.64% |
| Jun 30, 2019 | 12.35% |
| Mar 31, 2019 | 14.52% |
| Dec 31, 2018 | 13.80% |
| Sep 30, 2018 | 13.84% |
| Jun 30, 2018 | 13.40% |
| Mar 31, 2018 | 16.12% |
| Dec 31, 2017 | 10.38% |
| Sep 30, 2017 | 11.08% |
| Jun 30, 2017 | 13.32% |
| Mar 31, 2017 | 14.26% |
| Dec 31, 2016 | 48.85% |
| Sep 30, 2016 | 7.27% |
| Jun 30, 2016 | 2.63% |
| Mar 31, 2016 | 7.92% |
| Dec 31, 2015 | 6.84% |
| Sep 30, 2015 | 3.70% |
| Jun 30, 2015 | 3.52% |
| Mar 31, 2015 | 3.83% |
| Dec 31, 2014 | 6.85% |
| Sep 30, 2014 | 8.01% |
| Jun 30, 2014 | 2.40% |
| Mar 31, 2014 | -5.20% |
| Dec 31, 2013 | 33.85% |
| Sep 30, 2013 | 22.80% |
| Jun 30, 2013 | 21.37% |
| Mar 31, 2013 | 25.30% |
| Dec 31, 2012 | 18.39% |
| Sep 30, 2012 | 29.25% |
| Jun 30, 2012 | 29.48% |
| Mar 31, 2012 | 27.42% |
| Dec 31, 2011 | 17.39% |
| Sep 30, 2011 | 21.41% |
| Jun 30, 2011 | 51.89% |
| Mar 31, 2011 | 51.00% |
| Dec 31, 2010 | 21.58% |
| Sep 30, 2010 | 24.26% |
| Jun 30, 2010 | 21.85% |
| Mar 31, 2010 | 4.54% |
| Dec 31, 2009 | 21.12% |
| Sep 30, 2009 | 23.28% |
| Jun 30, 2009 | 23.92% |
| Mar 31, 2009 | 23.55% |