Growth Metrics

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% on a QoQ basis from 2233.33% in Q1 2025.

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

  • Quarterly Tax Rate fell 241667.0% year-over-year to 183.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.17% (up 1261.0% YoY) and the FY2025 annual result came in at 78.22%, down 6542.0% from the prior year.
  • Tax Rate declined to 183.33% in Q1 2026 per BAX's latest filing, from 2233.33% in the prior quarter.
  • Across five years, Tax Rate topped out at 2233.33% in Q1 2025 and bottomed at 183.33% in Q1 2026.
  • The 5-year median for Tax Rate is 27.75% (2022), against an average of 222.96%.
  • The widest annual swing landed in 2025, when Tax Rate surged 216695 bps; it then slumped 241667 bps in 2026.
  • Tracing BAX's Tax Rate over 5 years: stood at 27.75% in 2022, then jumped by 61 bps to 44.6% in 2023, then jumped by 49 bps to 66.38% in 2024, then surged by 3265 bps to 2233.33% in 2025, then plunged by 108 bps to 183.33% in 2026.
  • Per Business Quant, the three latest BAX Tax Rate figures stand at 183.33% (Q1 2026), 2233.33% (Q1 2025), and 66.38% (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 12.17
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 194.87
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 20.62
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 24.82
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 18.75
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 31.95
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 24.26
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn -183.33
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 22.40
10 Repligen 6.39 Bn 5.41 Bn 108.28 Mn -370.26

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2022 22.34
Mar 31, 2022 22.34
Dec 31, 2021 74.36
Dec 31, 2021 74.36
Sep 30, 2021 -0.22
Sep 30, 2021 -0.22
Jun 30, 2021 23.21
Jun 30, 2021 23.21
Mar 31, 2021 14.53
Mar 31, 2021 14.53
Dec 31, 2020 18.57
Dec 31, 2020 18.57
Sep 30, 2020 13.49
Sep 30, 2020 13.49
Jun 30, 2020 14.53
Jun 30, 2020 14.53
Mar 31, 2020 11.90
Mar 31, 2020 11.90
Dec 31, 2019 91.48
Dec 31, 2019 91.48
Sep 30, 2019 22.04
Sep 30, 2019 22.04
Jun 30, 2019 3.99
Jun 30, 2019 3.99
Mar 31, 2019 11.40
Mar 31, 2019 11.40
Dec 31, 2018 24.70
Dec 31, 2018 24.70
Sep 30, 2018 -39.25
Sep 30, 2018 -39.25
Jun 30, 2018 15.59
Jun 30, 2018 15.59
Mar 31, 2018 10.75
Mar 31, 2018 10.75
Dec 31, 2017 200.00
Dec 31, 2017 200.00
Sep 30, 2017 14.48
Sep 30, 2017 14.48
Jun 30, 2017 13.73
Jun 30, 2017 13.73
Mar 31, 2017 16.77
Mar 31, 2017 16.77
Dec 31, 2016 -5.07
Dec 31, 2016 -5.07
Sep 30, 2016 0.78
Sep 30, 2016 0.78
Jun 30, 2016 0.49
Jun 30, 2016 0.49
Mar 31, 2016 -1.74
Mar 31, 2016 -1.74
Dec 31, 2015 2.33
Dec 31, 2015 2.33
Sep 30, 2015 106.06
Sep 30, 2015 106.06
Jun 30, 2015 31.48
Jun 30, 2015 31.48
Mar 31, 2015 9.46
Mar 31, 2015 9.46
Dec 31, 2014 0.17
Dec 31, 2014 0.17
Sep 30, 2014 13.37
Sep 30, 2014 13.37
Jun 30, 2014 22.26
Jun 30, 2014 22.26
Mar 31, 2014 22.36
Mar 31, 2014 22.36
Dec 31, 2013 29.41
Dec 31, 2013 29.41
Sep 30, 2013 20.48
Sep 30, 2013 20.48
Jun 30, 2013 20.59
Jun 30, 2013 20.59
Mar 31, 2013 20.35
Mar 31, 2013 20.35
Dec 31, 2012 -4.61
Dec 31, 2012 -4.61
Sep 30, 2012 23.89
Sep 30, 2012 23.89
Jun 30, 2012 19.09
Jun 30, 2012 19.09
Mar 31, 2012 19.67
Mar 31, 2012 19.67
Dec 31, 2011 5.16
Dec 31, 2011 5.16
Sep 30, 2011 20.50
Sep 30, 2011 20.50
Dec 31, 2010 -3.33
Dec 31, 2010 -3.33
Sep 30, 2010 18.25
Sep 30, 2010 18.25
Jun 30, 2010 19.85
Jun 30, 2010 19.85
Mar 31, 2010 153.57
Mar 31, 2010 153.57
Dec 31, 2009 19.44
Dec 31, 2009 19.44
Sep 30, 2009 19.15
Sep 30, 2009 19.15
Jun 30, 2009 18.65
Jun 30, 2009 18.65
Mar 31, 2009 18.68
Mar 31, 2009 18.68