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| 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% |