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| 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 |
| 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 |