Baxter International (BAX) Net Margin (2009 - 2026)

Baxter International's (BAX) quarterly Net Margin came in at 0.07% in Q1 2026, down 229.0% year-on-year from 0.06% in Q1 2025, and down 96.86% on a QoQ basis from 2.36% in Q1 2025.

Baxter International (BAX) Net Margin (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Net Margin data on file, last reported at 0.07% in Q1 2026.

  • On a quarterly basis, Net Margin fell 229.0% year-over-year to 0.07% in Q1 2026; TTM through Mar 2026 was 1.09%, a 154.0% increase from a year earlier, with the FY2025 full-year figure at 0.51%, up 243.0% from the prior year.
  • Net Margin for Q1 2026 stood at 0.07%, down from 2.36% in the prior quarter.
  • Over the last five years, Net Margin for BAX reached as high as 95.19% in Q3 2023 and fell as low as 15.07% in Q2 2024.
  • Historically, Net Margin has averaged 6.65% across 5 years, with a median of 1.45% in 2022.
  • Across the five-year window, Net Margin soared 9361 bps in 2023 and plunged 9212 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 1.09% in 2022, then fell by 10 bps to 0.99% in 2023, then plunged by 181 bps to 0.8% in 2024, then soared by 396 bps to 2.36% in 2025, then sank by 97 bps to 0.07% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 0.07% in Q1 2026, 2.36% in Q1 2025, and 0.8% in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn 824.28%
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 28.46%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn -5.81%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 3.25%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 27.86%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 16.96%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn -7.20%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 0.65%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 10.84%
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn 0.07%

Historic Data

Download Data
DateValue
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%