Baxter International Inc - Understand $bax stock

$BAX Market Cap: $16.86 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$13.99B

TTM

Gross Margin

38.08%

TTM

Net Earnings

$108.0M

TTM

Current Assets

$8.864B

Q3 2024

Current Liabilities

$6.200B

Q3 2024

Current Ratio

142.97%

Q3 2024

Total Assets

$26.68B

Q3 2024

Total Liabilities

$18.73B

Q3 2024

Book Value

$7.942B

Q3 2024

Cash

$1.420B

Q3 2024

P/E

156.1

Nov 29, 2024 EST

Free Cash Flow

$558.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$14.81B	$15.11B	$12.78B	$11.67B	$11.36B	$11.10B	$10.56B	$10.16B	$9.968B	$10.72B	$9.413B	$13.94B	$13.89B	$12.84B	$12.56B	$12.35B	$11.26B	$10.38B	$9.849B	$9.509B	$8.904B	$8.099B	$7.342B	$6.697B	$6.380B	$5.706B	$5.259B	$5.438B	$5.048B	$4.479B	$4.116B	$8.471B	$7.799B	$7.234B	$7.399B	$6.861B	$6.223B	$5.700B	$2.446B	$1.796B	$1.843B
YoY Change	-1.99%	18.22%	9.52%	2.74%	2.37%	5.09%	3.92%	1.96%	-7.01%	13.87%	-32.46%	0.31%	8.18%	2.24%	1.73%	9.63%	8.53%	5.37%	3.58%	6.79%	9.94%	10.31%	9.63%	4.97%	11.81%	8.5%	-3.29%	7.73%	12.7%	8.82%	-51.41%	8.62%	7.81%	-2.23%	7.84%	10.25%	9.18%	133.03%	36.19%	-2.55%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$14.81B	$15.11B	$12.78B	$11.67B	$11.36B	$11.10B	$10.56B	$10.16B	$9.968B	$10.72B	$9.413B	$13.94B	$13.89B	$12.84B	$12.56B	$12.35B	$11.26B	$10.38B	$9.849B	$9.509B	$8.904B	$8.099B	$7.342B	$6.697B	$6.380B	$5.706B	$5.259B	$5.438B	$5.048B	$4.479B	$4.116B	$8.471B	$7.799B	$7.234B	$7.399B	$6.861B	$6.223B	$5.700B	$2.446B	$1.796B	$1.843B
Cost Of Revenue	$9.838B	$9.716B	$7.679B	$7.086B	$6.601B	$6.340B	$6.110B	$6.047B	$5.777B	$6.138B	$5.251B	$6.802B	$6.847B	$6.885B	$6.037B	$6.218B	$5.744B	$5.641B	$5.756B	$5.594B	$4.951B	$4.314B	$3.939B	$3.641B	$3.568B	$3.142B	$2.877B	$3.009B	$2.777B	$2.506B	$2.243B	$5.244B	$4.836B	$4.582B	$4.754B	$4.367B	$3.981B	$3.623B	$1.487B	$1.038B	$986.0M
Gross Profit	$4.975B	$5.397B	$5.105B	$4.587B	$4.761B	$4.759B	$4.474B	$4.116B	$4.191B	$4.581B	$4.162B	$7.134B	$7.046B	$5.958B	$6.525B	$6.130B	$5.519B	$4.737B	$4.093B	$3.915B	$3.953B	$3.785B	$3.403B	$3.056B	$2.812B	$2.564B	$2.382B	$2.429B	$2.271B	$1.973B	$1.873B	$3.227B	$2.963B	$2.652B	$2.645B	$2.494B	$2.242B	$2.077B	$959.0M	$758.0M	$857.0M
Gross Profit Margin	33.59%	35.71%	39.93%	39.3%	41.9%	42.88%	42.36%	40.5%	42.04%	42.74%	44.22%	51.19%	50.72%	46.39%	51.94%	49.64%	49.0%	45.64%	41.56%	41.17%	44.4%	46.73%	46.35%	45.63%	44.08%	44.94%	45.29%	44.67%	44.99%	44.05%	45.51%	38.09%	37.99%	36.66%	35.75%	36.35%	36.03%	36.44%	39.21%	42.2%	46.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$3.946B	$3.887B	$2.867B	$2.469B	$2.535B	$2.620B	$2.627B	$2.725B	$3.031B	$3.315B	$3.084B	$3.283B	$3.154B	$2.907B	$2.682B	$2.698B	$2.521B	$2.282B	$2.030B	$1.960B	$1.805B	$1.566B	$1.448B	$1.330B	$1.311B	$1.208B	$1.145B	$1.142B	$1.084B	$952.0M	$932.0M	$1.798B	$1.648B	$1.500B	$1.566B	$1.511B	$1.351B	$1.368B	$619.0M	$442.0M	$432.0M
YoY Change	1.52%	35.58%	16.12%	-2.6%	-3.24%	-0.27%	-3.6%	-10.1%	-8.57%	7.49%	-6.06%	4.09%	8.5%	8.39%	-0.59%	7.02%	10.47%	12.41%	3.57%	8.59%	15.26%	8.15%	8.87%	1.45%	8.53%	5.5%	0.26%	5.35%	13.87%	2.15%	-48.16%	9.1%	9.87%	-4.21%	3.64%	11.84%	-1.24%	121.0%	40.05%	2.31%
% of Gross Profit	79.32%	72.02%	56.16%	53.83%	53.25%	55.05%	58.72%	66.21%	72.32%	72.36%	74.1%	46.02%	44.76%	48.79%	41.1%	44.01%	45.68%	48.17%	49.6%	50.06%	45.66%	41.37%	42.55%	43.52%	46.62%	47.11%	48.07%	47.02%	47.73%	48.25%	49.76%	55.72%	55.62%	56.56%	59.21%	60.59%	60.26%	65.86%	64.55%	58.31%	50.41%
Research & Development	$667.0M	$605.0M	$534.0M	$521.0M	$595.0M	$654.0M	$615.0M	$646.0M	$587.0M	$610.0M	$582.0M	$1.081B	$946.0M	$915.0M	$917.0M	$868.0M	$760.0M	$614.0M	$533.0M	$517.0M	$553.0M	$501.0M	$426.0M	$378.0M	$332.0M	$323.0M	$339.0M	$340.0M	$327.0M	$303.0M	$280.0M	$317.0M	$288.0M	$262.0M	$245.0M	$238.0M	$199.0M	$203.0M	$125.0M	$109.0M	$108.0M
YoY Change	10.25%	13.3%	2.5%	-12.44%	-9.02%	6.34%	-4.8%	10.05%	-3.77%	4.81%	-46.16%	14.27%	3.39%	-0.22%	5.65%	14.21%	23.78%	15.2%	3.09%	-6.51%	10.38%	17.61%	12.7%	13.86%	2.79%	-4.72%	-0.29%	3.98%	7.92%	8.21%	-11.67%	10.07%	9.92%	6.94%	2.94%	19.6%	-1.97%	62.4%	14.68%	0.93%
% of Gross Profit	13.41%	11.21%	10.46%	11.36%	12.5%	13.74%	13.75%	15.69%	14.01%	13.32%	13.98%	15.15%	13.43%	15.36%	14.05%	14.16%	13.77%	12.96%	13.02%	13.21%	13.99%	13.24%	12.52%	12.37%	11.81%	12.6%	14.23%	14.0%	14.4%	15.36%	14.95%	9.82%	9.72%	9.88%	9.26%	9.54%	8.88%	9.77%	13.03%	14.38%	12.6%
Depreciation & Amortization	$1.263B	$1.403B	$890.0M	$823.0M	$789.0M	$771.0M	$750.0M	$800.0M	$759.0M	$792.0M	$635.0M	$712.0M	$670.0M	$685.0M	$638.0M	$631.0M	$581.0M	$575.0M	$580.0M	$601.0M	$545.0M	$440.0M	$427.0M	$394.0M	$372.0M	$344.0M	$318.0M	$348.0M	$336.0M	$302.0M	$233.0M	$447.0M	$411.0M	$368.0M	$368.0M	$335.0M	$314.0M	$291.0M	$137.0M	$114.0M	$0.00
YoY Change	-9.98%	57.64%	8.14%	4.31%	2.33%	2.8%	-6.25%	5.4%	-4.17%	24.72%	-10.81%	6.27%	-2.19%	7.37%	1.11%	8.61%	1.04%	-0.86%	-3.49%	10.28%	23.86%	3.04%	8.38%	5.91%	8.14%	8.18%	-8.62%	3.57%	11.26%	29.61%	-47.87%	8.76%	11.68%	0.0%	9.85%	6.69%	7.9%	112.41%	20.18%
% of Gross Profit	25.39%	26.0%	17.43%	17.94%	16.57%	16.2%	16.76%	19.44%	18.11%	17.29%	15.26%	9.98%	9.51%	11.5%	9.78%	10.29%	10.53%	12.14%	14.17%	15.35%	13.79%	11.62%	12.55%	12.89%	13.23%	13.42%	13.35%	14.33%	14.8%	15.31%	12.44%	13.85%	13.87%	13.88%	13.91%	13.43%	14.01%	14.01%	14.29%	15.04%	0.0%
Operating Expenses	$4.613B	$4.492B	$3.401B	$2.990B	$3.130B	$3.274B	$3.242B	$3.371B	$3.618B	$3.925B	$3.666B	$4.364B	$4.100B	$3.822B	$3.641B	$3.576B	$3.281B	$2.896B	$2.563B	$2.477B	$2.358B	$2.067B	$1.917B	$1.736B	$1.662B	$1.549B	$1.495B	$1.518B	$1.439B	$1.282B	$1.238B	$2.182B	$2.003B	$1.828B	$1.879B	$1.817B	$1.618B	$1.630B	$744.0M	$551.0M	$540.0M
YoY Change	2.69%	32.08%	13.75%	-4.47%	-4.4%	0.99%	-3.83%	-6.83%	-7.82%	7.06%	-15.99%	6.44%	7.27%	4.97%	1.82%	8.99%	13.29%	12.99%	3.47%	5.05%	14.08%	7.82%	10.43%	4.45%	7.3%	3.61%	-1.52%	5.49%	12.25%	3.55%	-43.26%	8.94%	9.57%	-2.71%	3.41%	12.3%	-0.74%	119.09%	35.03%	2.04%
Operating Profit	$390.0M	-$1.943B	$1.710B	$1.616B	$1.772B	$1.584B	$1.288B	$745.0M	$573.0M	$656.0M	$496.0M	$2.770B	$2.946B	$2.136B	$2.884B	$2.554B	$2.238B	$1.841B	$1.530B	$1.438B	$1.595B	$1.718B	$1.486B	$1.320B	$1.150B	$1.015B	$887.0M	$911.0M	$832.0M	$691.0M	$635.0M	$1.045B	$960.0M	$824.0M	$766.0M	$677.0M	$624.0M	$447.0M	$215.0M	$207.0M	$317.0M
YoY Change	-120.07%	-213.63%	5.82%	-8.8%	11.87%	22.98%	72.89%	30.02%	-12.65%	32.26%	-82.09%	-5.97%	37.92%	-25.94%	12.92%	14.12%	21.56%	20.33%	6.4%	-9.84%	-7.16%	15.61%	12.58%	14.78%	13.3%	14.43%	-2.63%	9.5%	20.41%	8.82%	-39.23%	8.85%	16.5%	7.57%	13.15%	8.49%	39.6%	107.91%	3.86%	-34.7%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$512.0M	$415.0M	$206.0M	$153.0M	$111.0M	$93.00M	$85.00M	$89.00M	$146.0M	$167.0M	$155.0M	$113.0M	$92.00M	$115.0M	-$47.00M	-$61.00M	-$38.00M	-$72.00M	-$118.0M	-$99.00M	-$87.00M			-$84.00M	-$87.00M	-$124.0M	-$131.0M	-$103.0M	-$96.00M
YoY Change	23.37%	101.46%	34.64%	37.84%	19.35%	9.41%	-4.49%	-39.04%	-12.57%	7.74%	37.17%	22.83%	-20.0%	-344.68%	-22.95%	60.53%	-47.22%	-38.98%	19.19%	13.79%				-3.45%	-29.84%	-5.34%	27.18%	7.29%
% of Operating Profit	131.28%		12.05%	9.47%	6.26%	5.87%	6.6%	11.95%	25.48%	25.46%	31.25%	4.08%	3.12%	5.38%	-1.63%	-2.39%	-1.7%	-3.91%	-7.71%	-6.88%	-5.45%			-6.36%	-7.57%	-12.22%	-14.77%	-11.31%	-11.54%
Other Income/Expense, Net	-$51.00M	-$15.00M	-$41.00M	-$190.0M	-$731.0M	$78.00M	-$133.0M	$1.024B	$1.062B	$1.393B	$7.000M	$155.0M	-$83.00M	-$159.0M			-$25.00M	-$15.00M	-$77.00M	-$77.00M	-$42.00M	-$92.00M	$13.00M	$20.00M	-$11.00M	$18.00M	$34.00M	-$15.00M	$5.000M	-$36.00M	-$73.00M	-$81.00M	-$50.00M	$13.00M	$155.0M	$83.00M	$33.00M	$0.00	$0.00	$0.00	$0.00
YoY Change	240.0%	-63.41%	-78.42%	-74.01%	-1037.18%	-158.65%	-112.99%	-3.58%	-23.76%	19800.0%	-95.48%	-286.75%	-47.8%				66.67%	-80.52%	0.0%	83.33%	-54.35%	-807.69%	-35.0%	-281.82%	-161.11%	-47.06%	-326.67%	-400.0%	-113.89%	-50.68%	-9.88%	62.0%	-484.62%	-91.61%	86.75%	151.52%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	-$103.0M	-$2.353B	$1.477B	$1.292B	$970.0M	$1.617B	$1.100B	$4.954B	$428.0M	$490.0M	$375.0M	$2.889B	$2.809B	$1.890B	$2.734B	$2.462B	$2.128B	$1.746B	$1.444B	$430.0M	$1.129B	$1.437B	$1.030B	$970.0M	$1.052B	$493.0M	$570.0M	$793.0M	$524.0M	$655.0M	$16.00M	$964.0M	$910.0M	$275.0M	$921.0M	$760.0M	$657.0M	$447.0M	$215.0M	$62.00M	$317.0M
YoY Change	-95.62%	-259.31%	14.32%	33.2%	-40.01%	47.0%	-77.8%	1057.48%	-12.65%	30.67%	-87.02%	2.85%	48.62%	-30.87%	11.05%	15.7%	21.88%	20.91%	235.81%	-61.91%	-21.43%	39.51%	6.19%	-7.79%	113.39%	-13.51%	-28.12%	51.34%	-20.0%	3993.75%	-98.34%	5.93%	230.91%	-70.14%	21.18%	15.68%	46.98%	107.91%	246.77%	-80.44%
Income Tax	-$34.00M	$68.00M	$182.0M	$182.0M	-$41.00M	$65.00M	$491.0M	-$12.00M	$35.00M	$33.00M	$60.00M	$555.0M	$553.0M	$463.0M	$519.0M	$437.0M	$407.0M	$348.0M	$486.0M	$47.00M	$222.0M	$360.0M	$298.0M	$216.0M	$273.0M	$218.0M	$199.0M	$218.0M	$153.0M	$153.0M	$119.0M	$192.0M	$181.0M	$40.00M	$191.0M	$130.0M	$123.0M	$92.00M	$26.00M	-$14.00M	$52.00M
% Of Pretax Income			12.32%	14.09%	-4.23%	4.02%	44.64%	-0.24%	8.18%	6.73%	16.0%	19.21%	19.69%	24.5%	18.98%	17.75%	19.13%	19.93%	33.66%	10.93%	19.66%	25.05%	28.93%	22.27%	25.95%	44.22%	34.91%	27.49%	29.2%	23.36%	743.75%	19.92%	19.89%	14.55%	20.74%	17.11%	18.72%	20.58%	12.09%	-22.58%	16.4%
Net Earnings	$2.656B	-$2.433B	$1.284B	$1.102B	$1.001B	$1.546B	$602.0M	$4.965B	$968.0M	$2.497B	$2.012B	$2.326B	$2.224B	$1.420B	$2.205B	$2.014B	$1.707B	$1.397B	$956.0M	$388.0M	$866.0M	$822.0M	$669.0M	$740.0M	$797.0M	$315.0M	$300.0M	$669.0M	$649.0M	$692.0M	-$108.0M	$652.0M	$813.0M	$298.0M	$730.0M	$630.0M	$542.0M	$618.0M	$209.0M	$89.00M	$265.0M
YoY Change	-209.17%	-289.49%	16.52%	10.09%	-35.25%	156.81%	-87.88%	412.91%	-61.23%	24.11%	-13.5%	4.59%	56.62%	-35.6%	9.48%	17.98%	22.19%	46.13%	146.39%	-55.2%	5.35%	22.87%	-9.59%	-7.15%	153.02%	5.0%	-55.16%	3.08%	-6.21%	-740.74%	-116.56%	-19.8%	172.82%	-59.18%	15.87%	16.24%	-12.3%	195.69%	134.83%	-66.42%
Net Earnings / Revenue	17.93%	-16.1%	10.04%	9.44%	8.81%	13.93%	5.7%	48.85%	9.71%	23.3%	21.37%	16.69%	16.01%	11.06%	17.55%	16.31%	15.16%	13.46%	9.71%	4.08%	9.73%	10.15%	9.11%	11.05%	12.49%	5.52%	5.7%	12.3%	12.86%	15.45%	-2.62%	7.7%	10.42%	4.12%	9.87%	9.18%	8.71%	10.84%	8.54%	4.96%	14.38%
Basic Earnings Per Share	$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
Diluted Earnings Per Share	$5.25	-$4.83	$2.53	$2.13	$1.93	$2.83	$1.08	$9.01	$1.76	$4.56	$3.66	$4.18	$3.88	$2.39	$3.591M	$3.162M	$2.610M	$2.130M	$1.520M	$627.8K	$1.429M	$1.330M	$1.099M	$1.240M	$1.351M	$545.0K	$531.9K	$1.208M	$1.151M	$1.236M	-$194.9K	$1.168M	$1.426M	$588.9K	$1.290M	$1.129M	$1.120M	$1.144M	$590.4K	$315.6K	$939.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$3.194B	$1.718B	$2.951B	$3.730B	$3.335B	$1.838B	$3.394B	$2.801B	$7.361B	$2.925B	$2.733B	$3.270B	$2.905B	$2.685B	$2.786B	$2.131B	$2.539B	$2.485B	$841.0M	$1.109B	$925.0M	$1.169B	$582.0M	$579.0M	$606.0M	$709.0M	$465.0M	$761.0M	$476.0M	$468.0M	$479.0M	$32.00M	$299.0M	$40.00M	$67.00M	$201.0M	$51.00M	$28.00M	$274.0M	$183.0M	$290.0M
YoY Change	85.91%	-41.78%	-20.88%	11.84%	81.45%	-45.85%	21.17%	-61.95%	151.66%	7.03%	-16.42%	12.56%	8.19%	-3.63%	30.74%	-16.07%	2.17%	195.48%	-24.17%	19.89%	-20.87%	100.86%	0.52%	-4.46%	-14.53%	52.47%	-38.9%	59.87%	1.71%	-2.3%	1396.88%	-89.3%	647.5%	-40.3%	-66.67%	294.12%	82.14%	-89.78%	49.73%	-36.9%
Cash & Equivalents	$3.194B	$1.718B	$2.951B	$3.730B	$3.335B	$1.838B	$3.394B	$2.801B	$2.213B	$2.925B	$2.733B	$3.270B	$2.905B	$2.685B	$2.786B	$2.131B	$2.539B	$2.485B	$841.0M	$1.109B	$925.0M	$1.169B	$582.0M	$579.0M	$606.0M	$709.0M	$465.0M	$761.0M	$476.0M	$468.0M	$479.0M	$32.00M	$299.0M	$40.00M	$67.00M	$201.0M	$51.00M	$28.00M	$274.0M	$183.0M	$290.0M
Short-Term Investments								$0.00	$5.148B	$0.00
Other Short-Term Assets	$839.0M	$823.0M	$755.0M	$688.0M	$619.0M	$614.0M	$601.0M	$652.0M	$1.100B	$3.776B	$1.052B	$762.0M	$697.0M	$668.0M	$626.0M	$676.0M	$656.0M	$581.0M	$584.0M	$684.0M	$417.0M	$393.0M	$432.0M	$371.0M	$445.0M	$673.0M	$458.0M	$351.0M	$320.0M	$246.0M	$495.0M	$258.0M	$276.0M	$286.0M	$203.0M	$173.0M	$149.0M	$103.0M	$121.0M	$80.00M	$62.00M
YoY Change	1.94%	9.01%	9.74%	11.15%	0.81%	2.16%	-7.82%	-40.73%	-70.87%	258.94%	38.06%	9.33%	4.34%	6.71%	-7.4%	3.05%	12.91%	-0.51%	-14.62%	64.03%	6.11%	-9.03%	16.44%	-16.63%	-33.88%	46.94%	30.48%	9.69%	30.08%	-50.3%	91.86%	-6.52%	-3.5%	40.89%	17.34%	16.11%	44.66%	-14.88%	51.25%	29.03%
Inventory	$2.824B	$2.718B	$2.453B	$1.916B	$1.653B	$1.667B	$1.475B	$1.430B	$1.604B	$1.577B	$3.499B	$2.803B	$2.628B	$2.371B	$2.557B	$2.361B	$2.334B	$2.066B	$1.925B	$2.135B	$2.104B	$1.752B	$1.341B	$1.159B	$1.116B	$1.167B	$1.208B	$883.0M	$906.0M	$816.0M	$1.772B	$1.632B	$1.529B	$1.532B	$1.502B	$1.512B	$1.279B	$1.118B	$1.037B	$405.0M	$386.0M
Prepaid Expenses
Receivables	$2.743B	$2.752B	$2.713B	$2.077B	$1.896B	$1.840B	$1.793B	$1.691B	$1.731B	$1.884B	$2.911B	$2.425B	$2.420B	$2.265B	$2.302B	$1.980B	$2.026B	$1.838B	$1.766B	$2.091B	$1.914B	$1.793B	$1.493B	$1.387B	$1.504B	$1.429B	$1.372B	$1.219B	$973.0M	$892.0M	$1.594B	$1.572B	$1.480B	$1.585B	$1.652B	$1.437B	$1.279B	$1.206B	$933.0M	$357.0M	$412.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$129.0M	$155.0M	$148.0M	$317.0M	$367.0M	$266.0M	$236.0M	$126.0M	$82.00M	$95.00M	$77.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$9.600B	$8.011B	$8.872B	$8.411B	$7.503B	$5.959B	$7.263B	$6.574B	$11.80B	$10.16B	$10.20B	$9.260B	$8.650B	$7.989B	$8.271B	$7.148B	$7.555B	$6.970B	$5.116B	$6.019B	$5.360B	$5.107B	$3.977B	$3.651B	$3.819B	$4.295B	$3.870B	$3.480B	$2.911B	$2.548B	$4.422B	$3.589B	$3.661B	$3.443B	$3.424B	$3.323B	$2.758B	$2.455B	$2.365B	$1.025B	$1.150B
YoY Change	19.84%	-9.7%	5.48%	12.1%	25.91%	-17.95%	10.48%	-44.27%	16.08%	-0.32%	10.1%	7.05%	8.27%	-3.41%	15.71%	-5.39%	8.39%	36.24%	-15.0%	12.29%	4.95%	28.41%	8.93%	-4.4%	-11.08%	10.98%	11.21%	19.55%	14.25%	-42.38%	23.21%	-1.97%	6.33%	0.55%	3.04%	20.49%	12.34%	3.81%	130.73%	-10.87%
Property, Plant & Equipment	$4.957B	$5.529B	$5.808B	$5.325B	$5.120B	$4.530B	$4.588B	$4.289B	$4.386B	$4.434B	$7.832B	$6.098B	$5.525B	$5.260B	$5.159B	$4.609B	$4.487B	$4.229B	$4.144B	$4.369B	$4.592B	$3.912B	$3.306B	$2.807B	$2.650B	$2.445B	$2.360B	$1.843B	$1.749B	$1.643B	$2.655B	$2.647B	$2.387B	$2.169B	$2.103B	$2.024B	$1.776B	$1.673B	$1.682B	$789.0M	$746.0M
YoY Change	-10.35%	-4.8%	9.07%	4.0%	13.02%	-1.26%	6.97%	-2.21%	-1.08%	-43.39%	28.44%	10.37%	5.04%	1.96%	11.93%	2.72%	6.1%	2.05%	-5.15%	-4.86%	17.38%	18.33%	17.78%	5.92%	8.38%	3.6%	28.05%	5.37%	6.45%	-38.12%	0.3%	10.89%	10.05%	3.14%	3.9%	13.96%	6.16%	-0.54%	113.18%	5.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$194.0M	$247.0M	$154.0M	$135.0M	$76.00M	$44.00M																								$0.00	$0.00	$195.0M	$156.0M	$127.0M	$78.00M	$85.00M	$137.0M	$122.0M	$152.0M	$8.000M	$0.00
YoY Change	-21.46%	60.39%	14.07%	77.63%	72.73%																										-100.0%	25.0%	22.83%	62.82%	-8.24%	-37.96%	12.3%	-19.74%	1800.0%
Other Assets	$752.0M	$653.0M	$835.0M	$1.038B	$762.0M	$599.0M	$600.0M	$977.0M	$744.0M	$6.995B	$698.0M	$1.562B	$1.560B	$1.568B	$1.471B	$1.459B	$900.0M	$1.389B	$1.421B	$1.564B	$1.545B	$1.438B	$1.269B	$876.0M	$1.953B	$1.825B	$446.0M	$246.0M	$2.874B	$3.318B	$469.0M	$78.00M	$287.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$231.0M
YoY Change	15.16%	-21.8%	-19.56%	36.22%	27.21%	-0.17%	-38.59%	31.32%	-89.36%	902.15%	-55.31%	0.13%	-0.51%	6.59%	0.82%	62.11%	-35.21%	-2.25%	-9.14%	1.23%	7.44%	13.32%	44.86%	-55.15%	7.01%	309.19%	81.3%	-91.44%	-13.38%	607.46%	501.28%	-72.82%								-100.0%
Total Long-Term Assets	$18.68B	$20.28B	$24.65B	$11.61B	$10.69B	$9.761B	$9.848B	$8.972B	$9.166B	$15.98B	$15.03B	$11.13B	$10.42B	$9.500B	$9.083B	$8.257B	$7.739B	$7.716B	$7.611B	$8.128B	$8.347B	$7.321B	$6.366B	$5.082B	$5.825B	$5.578B	$4.837B	$4.116B	$6.526B	$6.491B	$6.123B	$5.566B	$5.510B	$5.074B	$5.079B	$5.227B	$4.880B	$4.803B	$4.474B	$976.0M	$977.0M
YoY Change	-7.89%	-17.74%	112.34%	8.59%	9.52%	-0.88%	9.76%	-2.12%	-42.63%	6.3%	35.03%	6.78%	9.72%	4.59%	10.0%	6.69%	0.3%	1.38%	-6.36%	-2.62%	14.01%	15.0%	25.27%	-12.76%	4.43%	15.32%	17.52%	-36.93%	0.54%	6.01%	10.01%	1.02%	8.59%	-0.1%	-2.83%	7.11%	1.6%	7.35%	358.4%	-0.1%
Total Assets	$28.28B	$28.29B	$33.52B	$20.02B	$18.19B	$15.72B	$17.11B	$15.55B	$20.96B	$26.14B	$25.22B	$20.39B	$19.07B	$17.49B	$17.35B	$15.41B	$15.29B	$14.69B	$12.73B	$14.15B	$13.71B	$12.43B	$10.34B	$8.733B	$9.644B	$9.873B	$8.707B	$7.596B	$9.437B	$9.039B	$10.55B	$9.155B	$9.171B	$8.517B	$8.503B	$8.550B	$7.638B	$7.258B	$6.839B	$2.001B	$2.127B
YoY Change
Accounts Payable	$1.241B	$1.139B	$1.246B	$1.043B	$892.0M	$998.0M	$920.0M	$791.0M	$2.664B	$677.0M	$1.103B	$766.0M	$795.0M	$745.0M	$807.0M	$829.0M	$920.0M	$878.0M	$732.0M	$834.0M	$929.0M	$829.0M	$708.0M	$659.0M	$612.0M	$507.0M	$572.0M	$442.0M	$355.0M	$1.113B	$1.783B	$1.479B	$1.411B	$1.504B	$1.204B	$1.124B	$1.152B	$1.264B	$990.0M	$260.0M	$267.0M
YoY Change	8.96%	-8.59%	19.46%	16.93%	-10.62%	8.48%	16.31%	-70.31%	293.5%	-38.62%	43.99%	-3.65%	6.71%	-7.68%	-2.65%	-9.89%	4.78%	19.95%	-12.23%	-10.23%	12.06%	17.09%	7.44%	7.68%	20.71%	-11.36%	29.41%	24.51%	-68.1%	-37.58%	20.55%	4.82%	-6.18%	24.92%	7.12%	-2.43%	-8.86%	27.68%	280.77%	-2.62%
Accrued Expenses	$2.031B	$1.801B	$2.087B	$1.053B	$961.0M	$900.0M	$1.009B	$1.090B		$1.077B	$1.513B	$1.198B	$1.312B	$1.312B	$1.074B	$655.0M	$617.0M	$2.498B	$2.509B	$2.697B	$2.178B	$2.218B	$1.724B	$1.331B	$1.193B	$1.517B	$1.391B	$1.262B	$1.193B
YoY Change	12.77%	-13.7%	98.2%	9.57%	6.78%	-10.8%	-7.43%			-28.82%	26.29%	-8.69%	0.0%	22.16%	63.97%	6.16%	-75.3%	-0.44%	-6.97%	23.83%	-1.8%	28.65%	29.53%	11.57%	-21.36%	9.06%	10.22%	5.78%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$299.0M	$301.0M	$0.00	$226.0M	$2.000M	$0.00	$0.00	$1.775B	$913.0M	$181.0M	$27.00M	$256.0M	$15.00M	$29.00M	$388.0M	$45.00M	$57.00M	$141.0M	$207.0M	$150.0M	$112.0M	$149.0M	$576.0M	$125.0M	$156.0M	$102.0M	$121.0M	$59.00M	$131.0M	$271.0M	$351.0M	$263.0M	$225.0M	$302.0M	$324.0M	$225.0M	$192.0M	$149.0M	$333.0M	$362.0M
YoY Change	-100.0%	-0.66%		-100.0%	11200.0%			-100.0%	94.41%	404.42%	570.37%	-89.45%	1606.67%	-48.28%	-92.53%	762.22%	-21.05%	-59.57%	-31.88%	38.0%	33.93%	-24.83%	-74.13%	360.8%	-19.87%	52.94%	-15.7%	105.08%	-54.96%	-51.66%	-22.79%	33.46%	16.89%	-25.5%	-6.79%	44.0%	17.19%	28.86%	-55.26%	-8.01%
Long-Term Debt Due	$2.668B	$1.105B	$210.0M	$406.0M	$315.0M	$2.000M	$3.000M	$3.000M	$810.0M	$785.0M	$859.0M	$323.0M	$190.0M	$9.000M	$682.0M	$6.000M	$380.0M	$177.0M	$783.0M	$154.0M	$3.000M	$108.0M	$52.00M	$58.00M	$130.0M	$115.0M	$42.00M	$225.0M	$160.0M	$400.0M	$551.0M	$149.0M	$126.0M	$207.0M	$77.00M	$206.0M	$207.0M	$85.00M	$19.00M	$11.00M	$20.00M
YoY Change	141.45%	426.19%	-48.28%	28.89%	15650.0%	-33.33%	0.0%	-99.63%	3.18%	-8.61%	165.94%	70.0%	2011.11%	-98.68%	11266.67%	-98.42%	114.69%	-77.39%	408.44%	5033.33%	-97.22%	107.69%	-10.34%	-55.38%	13.04%	173.81%	-81.33%	40.63%	-60.0%	-27.4%	269.8%	18.25%	-39.13%	168.83%	-62.62%	-0.48%	143.53%	347.37%	72.73%	-45.0%
Total Short-Term Liabilities	$6.503B	$4.745B	$4.236B	$3.333B	$3.230B	$2.814B	$2.821B	$2.744B	$5.750B	$6.037B	$5.248B	$4.759B	$4.857B	$4.041B	$4.464B	$3.635B	$3.812B	$3.610B	$4.165B	$4.286B	$3.698B	$3.737B	$3.294B	$3.372B	$2.700B	$2.831B	$2.557B	$2.445B	$2.154B	$2.046B	$2.933B	$2.368B	$2.191B	$2.324B	$1.859B	$1.886B	$1.877B	$1.926B	$1.220B	$641.0M	$688.0M
YoY Change	37.05%	12.02%	27.09%	3.19%	14.78%	-0.25%	2.81%	-52.28%	-4.75%	15.03%	10.28%	-2.02%	20.19%	-9.48%	22.81%	-4.64%	5.6%	-13.33%	-2.82%	15.9%	-1.04%	13.45%	-2.31%	24.89%	-4.63%	10.72%	4.58%	13.51%	5.28%	-30.24%	23.86%	8.08%	-5.72%	25.01%	-1.43%	0.48%	-2.54%	57.87%	90.33%	-6.83%
Long-Term Debt	$11.13B	$15.23B	$17.15B	$5.786B	$4.809B	$3.481B	$3.509B	$2.779B	$3.922B	$7.331B	$8.126B	$5.580B	$4.749B	$4.363B	$3.440B	$3.362B	$2.664B	$2.567B	$2.414B	$3.933B	$4.421B	$4.398B	$2.486B	$1.726B	$2.601B	$3.096B	$2.635B	$1.695B	$2.372B	$2.341B	$2.800B	$2.433B	$2.246B	$1.729B	$2.052B	$2.246B	$1.641B	$1.609B	$2.580B	$206.0M	$225.0M
YoY Change	-26.93%	-11.18%	196.39%	20.32%	38.15%	-0.8%	26.27%	-29.14%	-46.5%	-9.78%	45.63%	17.5%	8.85%	26.83%	2.32%	26.2%	3.78%	6.34%	-38.62%	-11.04%	0.52%	76.91%	44.03%	-33.64%	-15.99%	17.5%	55.46%	-28.54%	1.32%	-16.39%	15.08%	8.33%	29.9%	-15.74%	-8.64%	36.87%	1.99%	-37.64%	1152.43%	-8.44%
Other Long-Term Liabilities	$1.728B	$1.717B	$2.053B	$2.031B	$2.050B	$1.344B	$1.385B	$1.650B	$2.425B	$4.446B	$3.364B	$3.073B	$2.639B	$2.289B	$2.030B	$2.117B	$1.902B	$2.237B	$1.849B	$2.223B	$2.206B	$1.280B	$588.0M	$816.0M	$684.0M	$646.0M	$580.0M	$697.0M	$1.034B	$820.0M	$1.426B	$385.0M	$136.0M	$0.00	$0.00	$0.00	$82.00M	$0.00	$0.00	$0.00	$0.00
YoY Change	0.64%	-16.37%	1.08%	-0.93%	52.53%	-2.96%	-16.06%	-31.96%	-45.46%	32.16%	9.47%	16.45%	15.29%	12.76%	-4.11%	11.3%	-14.98%	20.98%	-16.82%	0.77%	72.34%	117.69%	-27.94%	19.3%	5.88%	11.38%	-16.79%	-32.59%	26.1%	-42.5%	270.39%	183.09%				-100.0%
Total Long-Term Liabilities	$12.86B	$16.95B	$19.20B	$7.817B	$6.859B	$4.825B	$4.894B	$4.429B	$6.347B	$11.78B	$11.49B	$8.653B	$7.388B	$6.652B	$5.470B	$5.479B	$4.566B	$4.804B	$4.263B	$6.156B	$6.627B	$5.678B	$3.074B	$2.542B	$3.285B	$3.742B	$3.215B	$2.392B	$3.406B	$3.161B	$4.226B	$2.818B	$2.382B	$1.729B	$2.052B	$2.246B	$1.723B	$1.609B	$2.580B	$206.0M	$225.0M
YoY Change	-24.14%	-11.73%	145.64%	13.97%	42.16%	-1.41%	10.5%	-30.22%	-46.11%	2.5%	32.79%	17.12%	11.06%	21.61%	-0.16%	20.0%	-4.95%	12.69%	-30.75%	-7.11%	16.71%	84.71%	20.93%	-22.62%	-12.21%	16.39%	34.41%	-29.77%	7.75%	-25.2%	49.96%	18.3%	37.77%	-15.74%	-8.64%	30.35%	7.09%	-37.64%	1152.43%	-8.44%
Total Liabilities	$19.87B	$22.45B	$24.44B	$11.33B	$10.31B	$7.876B	$7.987B	$7.256B	$12.12B	$18.02B	$16.76B	$13.45B	$12.49B	$10.92B	$10.16B	$9.176B	$8.378B	$8.414B	$8.428B	$10.44B	$10.33B	$9.415B	$6.586B	$6.074B	$6.296B	$7.034B	$6.088B	$5.092B	$5.733B	$5.319B	$7.360B	$5.360B	$4.798B	$4.425B	$4.257B	$4.509B	$3.925B	$3.803B	$3.876B	$894.0M	$975.0M
YoY Change	-11.49%	-8.14%	115.75%	9.88%	30.92%	-1.39%	10.07%	-40.11%	-32.76%	7.5%	24.6%	7.72%	14.34%	7.47%	10.76%	9.52%	-0.43%	-0.17%	-19.29%	1.13%	9.67%	42.95%	8.43%	-3.53%	-10.49%	15.54%	19.56%	-11.18%	7.78%	-27.73%	37.31%	11.71%	8.43%	3.95%	-5.59%	14.88%	3.21%	-1.88%	333.56%	-8.31%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	506.0M shares	504.0M shares	502.0M shares	509.0M shares	509.0M shares	534.0M shares	543.0M shares	546.0M	545.0M	542.0M	543.0M shares	551.0M shares	569.0M shares	590.0M shares	607.0M shares
Diluted Shares Outstanding	506.0M shares	504.0M shares	508.0M shares	517.0M shares	519.0M shares	546.0M shares	555.0M shares	551.0M	549.0M	547.0M	549.0M shares	556.0M shares	573.0M shares	594.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $16.86 Billion

About BAXTER INTERNATIONAL INC

Baxter International, Inc. engages in the provision of a portfolio of essential healthcare products including acute and chronic dialysis therapies, sterile intravenous (IV) solutions, infusion systems and devices, parenteral nutrition therapies, inhaled anesthetics, generic injectable pharmaceuticals, surgical hemostat and sealant products, surgical equipment, smart bed systems, patient monitoring and diagnostic technologies, and respiratory health devices. The company is headquartered in Deerfield, Illinois and currently employs 60,000 full-time employees. The Company’s Medical Products and Therapies segment includes sales of sterile IV solutions, infusion systems, administration sets, parenteral nutrition therapies and surgical hemostat, sealant and adhesion prevention products. Its Healthcare Systems and Technologies segment includes connected care solutions and collaboration tools, including smart bed systems, patient monitoring systems and diagnostic technologies, respiratory health devices and advanced equipment for the surgical space, including surgical video technologies and precision positioning devices. Its Pharmaceuticals segment includes specialty injectable pharmaceuticals, inhaled anesthesia and drug compounding. Its Kidney Care segment includes chronic and acute dialysis therapies and services, including peritoneal dialysis, hemodialysis, continuous renal replacement therapies (CRRT) and other organ support therapies.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES BECTON DICKINSON & CO BOSTON SCIENTIFIC CORP Edwards Lifesciences Corp DEXCOM INC HOLOGIC INC IDEXX LABORATORIES INC /DE INSULET CORP RESMED INC ZIMMER BIOMET HOLDINGS, INC.