Baxter International (BAX) Tax Rate (2009 - 2026)
Baxter International's Tax Rate was 28.54% in Q3 2026, down 113.61 percentage points from 142.15% a year earlier but up 13.98 percentage points from the prior quarter.
Powered by 
Analysis
Baxter International (BAX) Tax Rate (2009 - 2026) Analysis & Trends
For FY2023, Tax Rate at Baxter International came in at 25.21%.
- Tax Rate shows a five-year change of +21.19 percentage points (FY2018 to FY2023).
- In earlier years, Tax Rate was 7.44% in FY2021 (-6.65 pp) and 14.09% in FY2020.
- Quarterly Tax Rate has moved between 8.27% (Q2 2025) and 142.15% (Q3 2025) over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 17.02% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 17.62% |
| 10 | Baxter International | 13.66 Bn | 5.52 Bn | 994.00 Mn | 28.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.54% |
| Jun 30, 2026 | 14.56% |
| Sep 30, 2025 | 142.15% |
| Jun 30, 2025 | 8.27% |
| Sep 30, 2024 | 11.59% |
| Jun 30, 2024 | 18.80% |
| Mar 31, 2024 | 66.38% |
| Dec 31, 2023 | 44.60% |
| Mar 31, 2023 | 100.00% |
| Jun 30, 2022 | 15.53% |
| Mar 31, 2022 | 22.34% |
| Jun 30, 2021 | 23.21% |
| Mar 31, 2021 | 14.53% |
| Dec 31, 2020 | 18.57% |
| Sep 30, 2020 | 13.49% |
| Jun 30, 2020 | 14.53% |
| Mar 31, 2020 | 11.90% |
| Sep 30, 2019 | 22.04% |
| Jun 30, 2019 | 3.99% |
| Mar 31, 2019 | 11.40% |
API Access
Baxter International Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();