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BAXTER INTERNATIONAL INC

BAX

$27.54 ▲ +0.54 (+2.00%) at close

20 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

BAXTER INTERNATIONAL INC faces fundamental challenges with weakness in Profit Margin (%) and Debt to Equity. The fundamentals warrant careful consideration of downside risks.

Market Cap $14.1B

Dividend Yield 1.89%

Revenue Growth 5.7% ↗

Op. Margin -2.7% ↘

ROIC -3.5% ↘

FCF / Share $1.65 ↘

Trailing P/E —

Price / Book 2.3x

FCF Yield 6.0%

Debt / Equity 1.54

info Valuation on last close. End-of-day price, Aug 7, 2026.

20-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$11.24B

↑ +5.7% —

Net Income Profit after all expenses

$-957.00M

↓ -47.5% —

Operating Margin Operating profit as % of sales

-2.7%

↓ -2181.0% 23th

FCF / Share Free cash flow per share

$1.65

↓ -17.6% —

Long-Term Debt Long-term obligations

$9.44B

↓ -28.4% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↓

Cash Quality

Dividend History

Dividend / share · sourced from SEC filings

$0.52 Latest / share

-50.0% YoY

-11.7% 12-yr CAGR

$2.05

FY 2014

$1.27

FY 2015

$0.51

FY 2016

$0.61

FY 2017

$0.73

FY 2018

$0.85

FY 2019

$0.95

FY 2020

$1.08

FY 2021

$1.15

FY 2022

$1.16

FY 2023

$1.04

FY 2024

$0.52

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	5.7% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-29%)	-28.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-452%)	-2.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-125%)	18.2% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+128%)	9.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+19%)	2.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-66%)	2.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-70%)	4.9% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-39%)	4.1% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-48%)	2.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-76%)	-7.0% Weak → Weak Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-188%)	-29.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-472%)	7.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-6%)	2.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-73%)	8.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	2.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-72%)	1.7% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-78%)	9.6% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+20%)	—	—
EPS Growth YoY (%)	-47.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	18.0% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	10.2% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-32.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	161.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-87.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	410.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-61.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	24.6% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-12.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	7.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	62.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-33.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	12.7% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	21.5% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-47.5% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	16.5% Good ↓ Good Declining Year-over-year change in net income	10.1% Fair ↓ Fair Declining Year-over-year change in net income	-35.3% Weak ↓ Weak Declining Year-over-year change in net income	156.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-87.9% Weak ↓ Weak Declining Year-over-year change in net income	412.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-61.2% Weak ↓ Weak Declining Year-over-year change in net income	24.1% Good ↑ Good Improving Year-over-year change in net income	-13.5% Weak ↓ Weak Declining Year-over-year change in net income	4.6% Caution ↓ Caution Declining Year-over-year change in net income	56.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-35.6% Weak ↓ Weak Declining Year-over-year change in net income	9.5% Fair Fair Year-over-year change in net income	18.0% Good Good Year-over-year change in net income	—	—
FCF Growth YoY (%)	-17.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-41.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	42.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-45.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	20.6% Good ↑ Good Improving Year-over-year change in free cash flow	-11.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	9.4% Fair ↑ Fair Improving Year-over-year change in free cash flow	19.7% Good ↑ Good Improving Year-over-year change in free cash flow	4.2% Caution ↑ Caution Improving Year-over-year change in free cash flow	0.2% Caution ↑ Caution Improving Year-over-year change in free cash flow	-49.1% Weak ↓ Weak Declining Year-over-year change in free cash flow	0.7% Caution ↓ Caution Declining Year-over-year change in free cash flow	4.5% Caution ↓ Caution Declining Year-over-year change in free cash flow	13.9% Fair ↑ Fair Improving Year-over-year change in free cash flow	-2.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	6.2% Fair ↓ Fair Declining Year-over-year change in free cash flow	19.1% Good Good Year-over-year change in free cash flow	12.4% Fair Fair Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-9.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-5.9% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	8.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	10.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	4.8% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.3% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.8% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-0.4% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-12.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-11.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-8.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	4.1% Caution → Caution Stable Compound annual revenue growth over 3 years	4.0% Caution Caution Compound annual revenue growth over 3 years	4.5% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-0.7% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-1.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	7.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	4.7% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	1.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-6.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-5.7% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-6.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-4.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-3.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	4.3% Fair Fair Compound annual revenue growth over 5 years	4.7% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	34.2% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	—	-4.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	25.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-39.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	17.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-37.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	34.9% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-25.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	5.6% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	15.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	5.1% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	6.7% Fair Fair Compound annual EPS growth over 3 years	-3.1% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	-2.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	0.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	-12.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-186%)	13.4% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	13.8% Fair → Fair Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-8%)	15.6% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	14.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	12.2% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	7.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	4.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	6.1% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-59%)	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	-78.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-12.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.0% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.1% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	44.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.1% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.5% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.7% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.5% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	-8.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-171%)	-6.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-151%)	17.9% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	-16.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-234%)	10.0% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	9.4% Caution → Caution Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	8.8% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	13.9% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+16%)	5.7% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	48.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+307%)	9.7% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	23.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+94%)	13.2% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	16.4% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+37%)	16.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+33%)	11.1% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-8%)	17.6% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+46%)	16.3% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+36%)	15.2% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+26%)	—
FCF Margin (%) (%)	7.5% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.6% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.7% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.0% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	17.4% Good → Good Stable Free cash flow as a percentage of revenue Optimal: > 10%	16.0% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	18.5% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	18.2% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.2% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	16.3% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	16.5% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	30.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	21.0% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	21.9% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	20.3% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	23.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	23.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	20.4% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	20.5% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-0.88x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.57x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.65x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.50x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.73x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	1.70x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	2.10x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.30x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	2.85x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.33x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.70x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.29x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.59x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	1.34x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.27x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	2.11x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.32x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.25x Good Good Free cash flow relative to reported net income Optimal: > 1x	1.35x Good Good Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Return on Invested Capital (%)	-3.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	1.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.6% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	9.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	23.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	16.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	7.9% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	8.8% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	4.7% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	7.5% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—	—	—	—	—
Return on Capital (%) (%)	-1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	8.1% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	9.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	9.4% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.6% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.7% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	2.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	2.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—	—	—
Return on Common Equity (%) (%)	-15.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-204%)	-9.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-162%)	31.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+111%)	-41.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-378%)	14.1% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-6%)	12.7% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	12.7% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	17.0% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+13%)	6.6% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-56%)	59.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+299%)	10.9% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-27%)	30.8% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+105%)	23.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+58%)	33.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+124%)	33.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+125%)	21.6% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+44%)	30.7% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+104%)	32.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+116%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Debt to Equity (x)	1.54x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+157%)	2.20x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+266%)	1.65x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+175%)	2.91x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+386%)	1.99x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+232%)	0.72x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+20%)	0.03x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-95%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	0.20x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-67%)	0.11x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-81%)	0.02x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-96%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.04x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-94%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.06x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-90%)	—	—
Interest Coverage (x)	-1.06x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.03x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.76x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-4.68x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	8.30x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	10.56x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	15.96x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	17.03x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	15.15x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	8.13x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.08x Fair Fair Operating income divided by interest expense Optimal: > 5x	3.93x Fair Fair Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—	—
Net Debt (USD)	$7.47B	$13.54B	$10.66B	$15.28B	$15.10B	$2.50B	$-3.11B	$-2.86B	$-2.95B	$-2.80B	$-438.00M	$-2.01B	$-2.55B	$-3.24B	$-2.65B	$-2.67B	$-2.76B	$-1.74B	$-2.54B	$-2.48B
Debt / EBITDA (x)	14.03x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	15.14x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	8.38x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-31.48x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.94x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.56x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.09x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	1.47x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.63x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$21.92	$20.85	$29.27	$29.99	$25.47	$22.93	$22.32	$20.78	$19.49	$18.61	$18.29	$19.78	$28.10	$25.75	$24.42	$21.77	$20.70	$19.76	$17.49	—
Basic EPS, GAAP (USD)	$-1.87	$-1.27	$5.25	$-4.83	$2.56	$2.17	$1.97	$2.90	$1.11	$9.09	$1.78	$4.61	$3.70	$4.22	$3.91	$2.41	$3.63	$3.22	$2.65	—
Free Cash Flow per Share (USD)	$1.65	$2.00	$3.41	$2.40	$4.43	$3.67	$4.13	$3.78	$3.16	$3.03	$3.02	$5.93	$5.89	$5.64	$4.95	$5.09	$4.79	$4.02	$3.58	—
Dividend per Share (USD)	$0.52	$1.04	$1.16	$1.15	$1.08	$0.95	$0.85	$0.73	$0.61	$0.51	$1.27	$2.05	$1.92	$1.57	$1.26	$1.18	$1.07	$0.91	$0.72	—
Book Value per Share (USD)	$11.95	$13.65	$16.60	$11.57	$18.08	$17.07	$15.49	$17.05	$16.70	$15.18	$16.23	$14.98	$15.59	$12.59	$11.57	$11.13	$11.85	$9.97	—	—
Tangible Book Value per Share (USD)	$-6.18	$-6.93	$-8.28	$-15.48	$-17.03	$7.47	$6.64	$8.86	$8.22	$8.40	$8.83	$6.59	$3.62	$6.57	$6.05	$6.87	$8.00	$6.70	—	—
Basic Weighted Avg Shares (shares)	513.00M	510.00M	506.00M	504.00M	502.00M	509.00M	509.00M	534.00M	543.00M	546.00M	545.00M	542.00M	543.00M	551.00M	569.00M	590.00M	607.00M	625.00M	644.00M	—
Dividend Payout Ratio (%)	-27.8% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	-81.9% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	22.1% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-23.8% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	42.4% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	44.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	43.1% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	55.0% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	5.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	71.3% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	44.5% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	51.9% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	37.2% Good → Good Stable Dividends paid as a percentage of earnings Optimal: 30-60%	32.4% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	49.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	29.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	28.4% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	27.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Working Capital (USD)	$3.90B	$2.34B	$3.10B	$3.27B	$4.64B	$5.08B	$4.27B	$4.37B	$4.35B	$3.83B	$6.05B	$4.12B	$4.10B	$4.50B	$3.79B	$3.95B	$3.81B	$3.51B	—	—
LT Debt (USD)	$9.44B	$13.18B	$13.86B	$16.70B	$17.75B	$6.23B	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$6.13B	$6.96B	$8.40B	$5.83B	$9.08B	$8.69B	$7.88B	$9.11B	$9.07B	$8.29B	$8.85B	$8.12B	$8.46B	$6.94B	$6.58B	$6.57B	$7.19B	$6.23B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$11.24B	$10.64B	$14.81B	$15.11B	$12.78B	$11.67B	$11.36B	$11.10B	$10.58B	$10.16B	$9.97B	$10.72B	$15.26B	$14.19B	$13.89B	$12.84B	$12.56B	$12.35B	$11.26B	—
Depreciation Expense (USD)	$981.00M	$997.00M	$1.26B	$1.40B	$890.00M	$823.00M	$789.00M	$771.00M	$750.00M	$800.00M	$759.00M	$792.00M	$823.00M	$712.00M	$670.00M	$685.00M	$638.00M	$631.00M	$581.00M	—
Net Income, GAAP (USD)	$-957.00M	$-649.00M	$2.66B	$-2.43B	$1.28B	$1.10B	$1.00B	$1.55B	$602.00M	$4.96B	$968.00M	$2.50B	$2.01B	$2.33B	$2.22B	$1.42B	$2.21B	$2.01B	$1.71B	—
Operating Cash Flow (USD)	$845.00M	$1.02B	$1.73B	$1.21B	$2.22B	$1.87B	$2.10B	$2.02B	$1.71B	$1.65B	$1.65B	$3.21B	$3.20B	$3.11B	$2.82B	$3.00B	$2.91B	$2.52B	$2.31B	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 20 years · 75 quarters

BAXTER INTERNATIONAL INC

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