Baxter International (BAX) Return on Assets [ROA] (2009 - 2026)
Baxter International (BAX) reported Return on Assets [ROA] of -5.36% for Q2 2026, down 4.66 percentage points from -0.70% a year earlier but up 0.14 percentage points from the prior quarter.
Baxter International (BAX) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Baxter International posted Return on Assets [ROA] of -4.18%, down 1.82 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of -9.99 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at -2.36% in FY2024 (-11.78 pp), 9.42% in FY2023 (+17.25 pp), -7.83% in FY2022 (-12.67 pp) and 4.84% in FY2021 (-0.97 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of -10.12% in Q2 2023 and a high of 9.48% in Q1 2024.
- Year over year, Return on Assets [ROA] has now declined in each of the last eight quarters, with an average year-over-year change of -6.72 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q2 2024 (a gain of 19.31 percentage points); the low point was Q3 2022 (a drop of 14.11 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -5.50% (Q1 2026), -4.65% (Q4 2025) and -1.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 6.17% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 4.94% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 4.54% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 15.41% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 5.66% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | -1.94% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 8.19% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 7.38% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 1.85% |
| 10 | Baxter International | 12.41 Bn | 4.52 Bn | 1.03 Bn | -5.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.36% |
| Mar 31, 2026 | -5.50% |
| Dec 31, 2025 | -4.65% |
| Sep 30, 2025 | -1.61% |
| Jun 30, 2025 | -0.70% |
| Mar 31, 2025 | -2.34% |
| Dec 31, 2024 | -2.43% |
| Sep 30, 2024 | 0.45% |
| Jun 30, 2024 | 9.19% |
| Mar 31, 2024 | 9.48% |
| Dec 31, 2023 | 9.04% |
| Sep 30, 2023 | 8.89% |
| Jun 30, 2023 | -10.12% |
| Mar 31, 2023 | -8.66% |
| Dec 31, 2022 | -8.61% |
| Sep 30, 2022 | -7.91% |
| Jun 30, 2022 | 3.17% |
| Mar 31, 2022 | 3.22% |
| Dec 31, 2021 | 4.86% |
| Sep 30, 2021 | 6.20% |
Baxter International Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=BAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();