Baxter International (BAX) Tax Rate (2009 - 2026)

Baxter International's (BAX) quarterly Tax Rate came in at 183.33% in Q1 2026, down 241667.0% year-on-year from N/an in Q1 2025, and down 108.21% on a QoQ basis from 2233.33% in Q1 2025.

Baxter International (BAX) Tax Rate (2009 - 2026) Analysis & Trends

Baxter International (BAX) has 18 years of Tax Rate data on file, last reported at 183.33% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 241667.0% year-over-year to 183.33% in Q1 2026; TTM through Mar 2026 was 18.34%, a 1653.0% increase from a year earlier, with the FY2025 full-year figure at 78.22%, down 6542.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 183.33%, down from 2233.33% in the prior quarter.
  • Over the last five years, Tax Rate for BAX reached as high as 2233.33% in Q1 2025 and fell as low as 183.33% in Q1 2026.
  • Historically, Tax Rate has averaged 222.96% across 5 years, with a median of 27.75% in 2022.
  • Across the five-year window, Tax Rate surged 216695 bps in 2025 and slumped 241667 bps in 2026, its largest moves.
  • Year by year, Tax Rate stood at 27.75% in 2022, then soared by 61 bps to 44.6% in 2023, then soared by 49 bps to 66.38% in 2024, then jumped by 3265 bps to 2233.33% in 2025, then tumbled by 108 bps to 183.33% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 183.33% in Q1 2026, 2233.33% in Q1 2025, and 66.38% in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 21.94%
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 194.87%
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 17.87%
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 20.62%
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 17.88%
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn -60.95%
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 18.75%
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 24.26%
10 Baxter International 11.17 Bn 9.12 Bn 891.00 Mn -183.33%

Historic Data

Download Data
DateValue
Mar 31, 2026 -183.33%
Mar 31, 2026 -183.33%
Mar 31, 2026 -183.33%
Mar 31, 2025 2,233.33%
Mar 31, 2025 2,233.33%
Mar 31, 2025 2,233.33%
Mar 31, 2024 66.38%
Mar 31, 2024 66.38%
Mar 31, 2024 66.38%
Dec 31, 2023 44.60%
Dec 31, 2023 44.60%
Dec 31, 2023 44.60%
Sep 30, 2023 129.65%
Sep 30, 2023 129.65%
Sep 30, 2023 129.65%
Jun 30, 2023 -5.46%
Jun 30, 2023 -5.46%
Jun 30, 2023 -5.46%
Mar 31, 2023 100.00%
Mar 31, 2023 100.00%