YouTube · Q2 2026 · 2026-08-07
BAX · NYSE
Baxter International Inc.
Medical Instruments & Supplies · United States
USD 24.290.3% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$12.56B
- Trailing P/E
- —
- Forward P/E
- 11.93x
- Quarterly revenue growth
- 5.3%
- Trailing net margin
- -9.3%
- Indicated dividend yield
- 0.2%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).
Company background
Baxter International Inc., through its subsidiaries, provides a portfolio of healthcare products in the United States. The company operates through three segments: Medical Products & Therapies, Healthcare Systems & Technologies, and Pharmaceuticals. It offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; inhaled anesthetics; generic injectable pharmaceuticals; surgical hemostat and sealant products; advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space comprising operating room integration technologies, precision positioning devices, and other accessories. The company also provides specialty injectable pharmaceuticals, inhaled anesthetics, and drug compounding services. Its products are used in hospitals, nursing homes, rehabilitation centers, ambulatory surgery centers, doctors' offices, kidney dialysis centers, and patients at home under physician supervision. The company sells its products through direct sales force, independent distributors, drug wholesalers, and specialty pharmacy or other alternate site providers. It operates in Eastern Europe, the Middle East, Africa, Latin America, Asia, Western Europe, Canada, Japan, Australia, and New Zealand. Baxter International Inc. was incorporated in 1931 and is headquartered in Deerfield, Illinois.
Company websiteQ1 2026
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Comparable businesses
BAX peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | BAXBaxter International Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | SOLVSolventum CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | COOThe Cooper Companies, Inc.Snapshot 2026-10-06Financial period: 2026-07-31 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$12.56B | US$15.00B | US$10.67B | US$12.84Bn=2 |
| Forward P/EProvider forward earnings estimate | 11.93x | 12.19x | 11.96x | 12.07xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 10.62x | 17.45x | 14.42x | 15.94xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 5.3% | 2.2% | 0.6% | 1.4%n=2 |
| Operating marginLatest reported quarter | 14.4% | 9.8% | 20.8% | 15.3%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 8.0% | 3.3% | 5.1% | 4.2%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | 3.99x | 4.29x | 2.84x | 3.57xn=2 |
| Debt / equityTotal debt / positive book equity | 1.56x | 1.10x | 0.34x | 0.72xn=2 |
| Trailing P/ETrailing twelve-month earnings | — | 10.79x | 19.29x | 15.04xn=2 |
| Price / bookPrice / positive book equity per share | 2.02x | 3.12x | 1.28x | 2.20xn=2 |
| EV / salesEnterprise value / trailing revenue | 1.75x | 2.39x | 3.17x | 2.78xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 36.8% | 3.9% | 357.1% | 180.5%n=2 |
| Gross marginTrailing twelve months | 34.1% | 54.8% | 65.9% | 60.4%n=2 |
| Net marginTrailing twelve months | -9.3% | 17.3% | 13.5% | 15.4%n=2 |
| Return on equityProvider trailing return; positive equity only | -14.4% | 34.0% | 6.8% | 20.4%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 8.7% | 5.9% | 12.8% | 9.3%n=2 |
| Dividend yieldIndicated annual dividend / price | 0.2% | — | — | — |
| Earnings payoutProvider trailing dividend payout | 154.7% | 0.0% | 0.0% | 0.0%n=2 |
| Current ratioCurrent assets / current liabilities | 1.95x | 1.02x | 1.22x | 1.12xn=2 |
| BetaProvider historical market sensitivity | 0.65 | 0.70 | 0.82 | 0.76n=2 |
YouTube · Q2 2026 · 2026-08-07
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Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Revenue
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Financial data & calculation notes
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Earnings-multiple scenario
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Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for BAX
Q1 20262026-05-02
BAX Stock: Revenue Beats, EPS Misses — Q1 2026
Presentation · 2026-05-02 · YouTube