Inside the research

Baxter International Inc.

BAX Research profile · latest available data

Price overview

$23.37

▼ -0.11 (-0.5%)

52w hi$28.34
52w lo$15.79
Vol6.57M
As of25 Sep 2026

The Verdict

Hold

Our score +0.23

Short+0.31
Medium+0.32
Long-0.13

computed 2026-09-27

Key fundamentals

Baxter International Inc.

Healthcare · Medical Instruments & Supplies

Market cap$12.08B
Enterprise value$19.57B
Forward P/E11.48x
EV / EBITDA10.39x
P / S (ttm)1.05x
Profit margin-9.3%
Return on equity-14.4%
Revenue growth+5.3%
Earnings growth+36.8%
Debt / equity156.45

Layer Breakdown

LayerRawContribution
Fundamental+0.04
Sector+0.08
Technical+0.24
Earnings+0.00
Sentiment-0.03

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.baxter.com

Risk Metrics

Beta vs SPX0.95
Corr SPX0.37
Annual vol41.6%
Annual ret-16.0%
Sharpe-0.38
Max DD-59.5%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$22.12
High / Low$40.00 / $18.00
Median$20.00
Analysts13
Strong Buy1
Buy2
Hold12
Sell0
Strong Sell0

Recent rating actions

2026-05-04Barclays→ Overweight
2026-04-06Evercore ISI Group→ Outperform
2026-03-11Citigroup→ Neutral
2026-02-17Goldman Sachs→ Neutral
2026-02-13Barclays→ Overweight
2026-01-09Barclays→ Overweight

Material Events

DateEvent8-K
2026-08-04Officer / Director Changeread
2026-08-04Other Material Event, Exhibitsread
2026-07-30Earnings Release, Other Material Event…read
2026-07-14Reg FD Disclosure, Exhibitsread
2026-05-08Officer / Director Change, Bylaws Amendment…read
2026-04-30Earnings Release, Other Material Event…read
2026-03-19Reg FD Disclosure, Exhibitsread
2026-03-16Officer / Director Change, Reg FD Disclosure…read
2026-02-12Earnings Release, Officer / Director Change…read
2025-12-22Other Material Eventread
2025-12-04Material Agreement, Termination of Agreement…read
2025-11-25Material Agreement, Exhibitsread

Dividends

Yield (TTM)0.09%
$ / share (TTM)$0.02
5y CAGR-11.4%

Annual dividend per share

2021$1.08
2022$1.15
2023$1.16
2024$1.04
2025$0.52
2026$0.01

SEC Filings

DateFormDoc
2026-08-048-Kview
2026-08-048-Kview
2026-07-308-Kview
2026-07-3010-Qview
2026-07-148-Kview
2026-06-034view
2026-06-034view
2026-06-034view
2026-05-088-Kview
2026-05-074view
2026-05-074view
2026-05-074view
2026-05-074view
2026-05-074view
2026-05-074view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$10.36B-1.1%
Gross profit$3.38B-3.0%
Operating income$707.00M+4.6%
Net income-$957.00M+1.3%
Cash from ops$1.02B-6.3%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$23.43$23.71$23.20$23.376.57M
Sep 24$23.48$23.76$23.20$23.487.35M
Sep 23$23.59$24.30$23.45$23.499.44M
Sep 22$23.21$23.87$23.21$23.687.36M
Sep 21$22.99$23.08$22.56$22.9311.75M

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