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% quarter-over-quarter 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.
- Net Margin for Q1 2026 came in at 0.07%, down 229.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.09% (up 154.0% YoY), and the FY2025 annual result was 0.51%, up 243.0% from the prior year.
- Net Margin fell to 0.07% in Q1 2026 per BAX's latest filing, from 2.36% in the prior quarter.
- Over five years, Net Margin peaked at 95.19% in Q3 2023 and troughed at 15.07% in Q2 2024.
- A 5-year average of 6.65% and a median of 1.45% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin surged 9361 bps in 2023, then slumped 9212 bps in 2024.
- A 5-year view of Net Margin shows it stood at 1.09% in 2022, then slipped by 10 bps to 0.99% in 2023, then tumbled by 181 bps to 0.8% in 2024, then soared by 396 bps to 2.36% in 2025, then plunged by 97 bps to 0.07% in 2026.
- Business Quant data shows BAX's Net Margin at 0.07% in Q1 2026, 2.36% in Q1 2025, and 0.8% in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 29.81% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | -5.81% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 3.25% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 27.86% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 16.03% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 0.65% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -7.20% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 10.84% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 0.07% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 7.40% |
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% |