Baxter International (BAX) Tax Rate (2009 - 2026)
Baxter International (BAX) reported Tax Rate of 183.33% for Q1 2026, down 241667.0% year-over-year from N/an in Q1 2025, and down 108.21% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 183.33%, down 241667.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.17% (up 1261.0% YoY), and the FY2025 annual result was 78.22%, down 6542.0% from the prior year.
- Tax Rate eased to 183.33% in Q1 2026 per BAX's latest filing, from 2233.33% in the prior quarter.
- Over five years, Tax Rate peaked at 2233.33% in Q1 2025 and troughed at 183.33% in Q1 2026.
- A 5-year average of 222.96% and a median of 27.75% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2025 and 2026: Tax Rate jumped 216695 bps in 2025, then plunged 241667 bps in 2026.
- A 5-year view of Tax Rate shows it 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 slumped by 108 bps to 183.33% in 2026.
- Business Quant data shows BAX's Tax Rate at 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 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 12.17% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 194.87% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 17.87% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 20.62% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 24.82% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 18.75% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -60.95% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 24.26% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | -183.33% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 22.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -183.33% |
| Mar 31, 2026 | -183.33% |
| Mar 31, 2025 | 2,233.33% |
| Mar 31, 2025 | 2,233.33% |
| Mar 31, 2024 | 66.38% |
| Mar 31, 2024 | 66.38% |
| Dec 31, 2023 | 44.60% |
| Dec 31, 2023 | 44.60% |
| Sep 30, 2023 | 129.65% |
| Sep 30, 2023 | 129.65% |
| Jun 30, 2023 | -5.46% |
| Jun 30, 2023 | -5.46% |
| Mar 31, 2023 | 100.00% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 27.75% |
| Dec 31, 2022 | 27.75% |
| Sep 30, 2022 | 1.77% |
| Sep 30, 2022 | 1.77% |
| Jun 30, 2022 | 15.53% |
| Jun 30, 2022 | 15.53% |