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
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%