Baxter International (BAX) Net Margin (2009 - 2026)
Baxter International (BAX) reported Net Margin of 0.07% for Q1 2026, down 229.0% year-over-year from 0.06% in Q1 2025, and down 96.86% on a QoQ basis from 2.36% in Q1 2025.
Baxter International (BAX) has 18 years of Net Margin data on file, last reported at 0.07% in Q1 2026.
- Quarterly Net Margin fell 229.0% year-over-year to 0.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.09% (up 154.0% YoY) and the FY2025 annual result came in at 0.51%, up 243.0% from the prior year.
- Net Margin retreated to 0.07% in Q1 2026 per BAX's latest filing, from 2.36% in the prior quarter.
- Across five years, Net Margin topped out at 95.19% in Q3 2023 and bottomed at 15.07% in Q2 2024.
- The 5-year median for Net Margin is 1.45% (2022), against an average of 6.65%.
- The widest annual swing landed in 2023, when Net Margin soared 9361 bps; it then plunged 9212 bps in 2024.
- Tracing BAX's Net Margin over 5 years: stood at 1.09% in 2022, then retreated by 10 bps to 0.99% in 2023, then sank by 181 bps to 0.8% in 2024, then jumped by 396 bps to 2.36% in 2025, then slumped by 97 bps to 0.07% in 2026.
- Per Business Quant, the three latest BAX Net Margin figures stand at 0.07% (Q1 2026), 2.36% (Q1 2025), and 0.8% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 29.81% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | -5.81% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 27.86% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 16.03% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 0.65% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 12.77% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 10.84% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 0.07% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 7.40% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 4.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.07% |
| Mar 31, 2025 | 2.36% |
| Dec 31, 2024 | -0.80% |
| Sep 30, 2024 | 3.08% |
| Jun 30, 2024 | -15.07% |
| Mar 31, 2024 | 1.33% |
| Dec 31, 2023 | 0.99% |
| Sep 30, 2023 | 95.19% |
| Jun 30, 2023 | -4.32% |
| Mar 31, 2023 | 3.81% |
| Dec 31, 2022 | 1.09% |
| Sep 30, 2022 | 1.58% |
| Jun 30, 2022 | 1.95% |
| Mar 31, 2022 | 1.83% |
| Dec 31, 2021 | -0.70% |
| Sep 30, 2021 | 14.01% |
| Jun 30, 2021 | 9.72% |
| Mar 31, 2021 | 10.18% |
| Dec 31, 2020 | 5.38% |
| Sep 30, 2020 | 12.08% |
| Jun 30, 2020 | 9.09% |
| Mar 31, 2020 | 11.88% |
| Dec 31, 2019 | -0.63% |
| Sep 30, 2019 | 13.15% |
| Jun 30, 2019 | 11.04% |
| Mar 31, 2019 | 12.96% |
| Dec 31, 2018 | -0.21% |
| Dec 31, 2017 | -0.36% |
| Sep 30, 2017 | 0.11% |
| Jun 30, 2017 | 0.04% |
| Mar 31, 2017 | -0.04% |
| Dec 31, 2016 | 0.11% |
| Sep 30, 2016 | 0.12% |
| Mar 31, 2016 | -0.29% |
| Dec 31, 2015 | 0.85% |
| Sep 30, 2015 | -0.04% |
| Jun 30, 2015 | 10.42% |
| Mar 31, 2015 | 12.32% |
| Dec 31, 2014 | 29.62% |
| Sep 30, 2014 | 10.82% |
| Jun 30, 2014 | 16.98% |
| Mar 31, 2014 | 18.35% |
| Dec 31, 2013 | -1.92% |
| Sep 30, 2013 | 0.43% |
| Jun 30, 2013 | 1.06% |
| Mar 31, 2013 | 0.86% |
| Dec 31, 2012 | -53.80% |
| Sep 30, 2012 | 16.77% |
| Jun 30, 2012 | 18.51% |
| Mar 31, 2012 | 17.36% |
| Dec 31, 2011 | -49.14% |
| Sep 30, 2011 | 16.61% |
| Jun 30, 2011 | 51.89% |
| Mar 31, 2011 | 51.00% |
| Dec 31, 2010 | -36.39% |
| Sep 30, 2010 | 9.06% |
| Jun 30, 2010 | 9.42% |
| Mar 31, 2010 | -9.91% |
| Dec 31, 2009 | 10.00% |
| Sep 30, 2009 | 9.76% |
| Jun 30, 2009 | 18.86% |
| Mar 31, 2009 | 18.34% |