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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Baxter International (BAX) Tax Rate (2016 - 2024)

Baxter International (BAX) has disclosed Tax Rate for 16 consecutive years, with 66.38% as the latest value for Q1 2024.

  • Quarterly Tax Rate fell 3362.0% to 66.38% in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 36.05% through Mar 2024, up 3214.0% year-over-year, with the annual reading at 78.22% for FY2025, 6542.0% down from the prior year.
  • Tax Rate for Q1 2024 was 66.38% at Baxter International, up from 44.6% in the prior quarter.
  • The five-year high for Tax Rate was 129.65% in Q3 2023, with the low at 5.46% in Q2 2023.
  • Average Tax Rate over 5 years is 33.7%, with a median of 18.57% recorded in 2020.
  • The sharpest move saw Tax Rate plummeted -7291bps in 2020, then surged 12788bps in 2023.
  • Over 5 years, Tax Rate stood at 18.57% in 2020, then surged by 300bps to 74.36% in 2021, then crashed by -63bps to 27.75% in 2022, then surged by 61bps to 44.6% in 2023, then surged by 49bps to 66.38% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods came in at 66.38%, 44.6%, and 129.65% for Q1 2024, Q4 2023, and Q3 2023 respectively.