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Consolidated Net IncomeEBITEBITDAEBTEPS (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 Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax 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.

  • On a quarterly basis, Tax Rate fell 3362.0% to 66.38% in Q1 2024 year-over-year; TTM through Mar 2024 was 36.05%, a 3100.0% increase, with the full-year FY2025 number at 78.22%, down 6542.0% from a year prior.
  • Tax Rate was 66.38% for Q1 2024 at Baxter International, up from 44.6% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 129.65% in Q3 2023 to a low of 5.46% in Q2 2023.
  • A 5-year average of 35.06% and a median of 22.34% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -7291bps in 2020, then surged 12783bps in 2023.
  • Baxter International's Tax Rate stood at 18.57% in 2020, then skyrocketed by 300bps to 74.36% in 2021, then crashed by -49bps to 37.61% in 2022, then grew by 19bps to 44.6% in 2023, then skyrocketed by 49bps to 66.38% in 2024.
  • Per Business Quant, the three most recent readings for BAX's Tax Rate are 66.38% (Q1 2024), 44.6% (Q4 2023), and 129.65% (Q3 2023).