Baxter International Inc. (FRA:BTL)
17.85
-0.40 (-2.17%)
At close: Feb 20, 2026
Baxter International Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue | 11,244 | 10,636 | 10,360 | 10,057 | 12,146 |
Revenue Growth (YoY) | 5.72% | 2.66% | 3.01% | -17.20% | 4.05% |
Cost of Revenue | 7,226 | 6,426 | 6,180 | 5,892 | 7,281 |
Gross Profit | 4,018 | 4,210 | 4,180 | 4,165 | 4,865 |
Selling, General & Admin | 2,670 | 2,824 | 2,804 | 2,811 | 2,605 |
Research & Development | 503 | 510 | 508 | 447 | 530 |
Other Operating Expenses | -192 | -12 | -28 | -1 | - |
Operating Expenses | 2,981 | 3,322 | 3,284 | 3,257 | 3,135 |
Operating Income | 1,037 | 888 | 896 | 908 | 1,730 |
Interest Expense | -290 | -408 | -508 | -413 | -159 |
Interest & Investment Income | 52 | 67 | 69 | 19 | 14 |
Currency Exchange Gain (Loss) | -18 | -25 | -53 | 3 | -17 |
Other Non Operating Income (Expenses) | 11 | 21 | 6 | - | -2 |
EBT Excluding Unusual Items | 792 | 543 | 410 | 517 | 1,566 |
Merger & Restructuring Charges | -210 | -185 | -141 | -445 | -356 |
Impairment of Goodwill | -485 | -425 | - | -2,812 | - |
Gain (Loss) on Sale of Investments | -8 | 3 | -27 | 11 | -7 |
Gain (Loss) on Sale of Assets | 16 | - | - | -75 | - |
Asset Writedown | -290 | -50 | - | -344 | - |
Legal Settlements | -11 | -17 | - | - | -13 |
Other Unusual Items | -309 | -158 | - | -100 | -74 |
Pretax Income | -505 | -289 | 242 | -3,248 | 1,116 |
Income Tax Expense | 395 | 37 | 61 | -135 | 83 |
Earnings From Continuing Operations | -900 | -326 | 181 | -3,113 | 1,033 |
Earnings From Discontinued Operations | -57 | -323 | 2,475 | 681 | 262 |
Net Income to Company | -957 | -649 | 2,656 | -2,432 | 1,295 |
Minority Interest in Earnings | - | - | - | -1 | -11 |
Net Income | -957 | -649 | 2,656 | -2,433 | 1,284 |
Net Income to Common | -957 | -649 | 2,656 | -2,433 | 1,284 |
Net Income Growth | - | - | - | - | 16.52% |
Shares Outstanding (Basic) | 513 | 510 | 506 | 504 | 502 |
Shares Outstanding (Diluted) | 513 | 510 | 508 | 504 | 508 |
Shares Change (YoY) | 0.59% | 0.39% | 0.79% | -0.79% | -1.74% |
EPS (Basic) | -1.87 | -1.27 | 5.25 | -4.83 | 2.56 |
EPS (Diluted) | -1.87 | -1.27 | 5.25 | -4.83 | 2.53 |
EPS Growth | - | - | - | - | 18.58% |
Free Cash Flow | 332 | 573 | 1,294 | 834 | 1,531 |
Free Cash Flow Per Share | 0.65 | 1.12 | 2.55 | 1.66 | 3.01 |
Dividend Per Share | 0.520 | 1.040 | 1.160 | 1.150 | 1.085 |
Dividend Growth | -50.00% | -10.35% | 0.87% | 5.99% | 13.61% |
Gross Margin | 35.73% | 39.58% | 40.35% | 41.41% | 40.05% |
Operating Margin | 9.22% | 8.35% | 8.65% | 9.03% | 14.24% |
Profit Margin | -8.51% | -6.10% | 25.64% | -24.19% | 10.57% |
Free Cash Flow Margin | 2.95% | 5.39% | 12.49% | 8.29% | 12.61% |
EBITDA | 2,018 | 1,885 | 1,880 | 1,980 | 2,597 |
EBITDA Margin | 17.95% | 17.72% | 18.15% | 19.69% | 21.38% |
D&A For EBITDA | 981 | 997 | 984 | 1,072 | 867 |
EBIT | 1,037 | 888 | 896 | 908 | 1,730 |
EBIT Margin | 9.22% | 8.35% | 8.65% | 9.03% | 14.24% |
Effective Tax Rate | - | - | 25.21% | - | 7.44% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.