Baxter International Inc. (BAX)

Baxter International Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	14,813	14,506	12,146	11,673	11,362
Revenue Growth (YoY)	2.12%	19.43%	4.05%	2.74%	2.37%
Cost of Revenue	9,838	9,440	7,426	7,086	6,601
Gross Profit	4,975	5,066	4,720	4,587	4,761
Selling, General & Admin	3,946	3,859	2,845	2,469	2,535
Research & Development	667	602	531	521	595
Other Operating Expenses	-28	2,848	-6	-19	-141
Operating Expenses	4,585	7,309	3,370	2,971	2,989
Operating Income	390	-2,243	1,350	1,616	1,772
Interest Expense / Income	442	395	193	134	71
Other Expense / Income	-2,674	-209	-210	198	741
Pretax Income	2,622	-2,429	1,367	1,284	960
Income Tax	-34	4	83	182	-41
Net Income	2,656	-2,433	1,284	1,102	1,001
Net Income Growth	-	-	16.52%	10.09%	-35.25%
Shares Outstanding (Basic)	506	504	502	509	509
Shares Outstanding (Diluted)	506	504	508	517	519
Shares Change	0.40%	-0.79%	-1.74%	-0.39%	-4.95%
EPS (Basic)	5.25	-4.83	2.56	2.17	1.97
EPS (Diluted)	5.25	-4.83	2.53	2.13	1.93
EPS Growth	-	-	18.78%	10.36%	-31.80%
Free Cash Flow	1,034	591	1,531	1,159	1,408
Free Cash Flow Per Share	2.04	1.17	3.05	2.28	2.77
Dividend Per Share	1.160	1.150	1.085	0.955	0.850
Dividend Growth	0.87%	5.99%	13.61%	12.35%	16.44%
Gross Margin	33.59%	34.92%	38.86%	39.30%	41.90%
Operating Margin	2.63%	-15.46%	11.11%	13.84%	15.60%
Profit Margin	17.93%	-16.77%	10.57%	9.44%	8.81%
Free Cash Flow Margin	6.98%	4.07%	12.60%	9.93%	12.39%
Effective Tax Rate	-1.30%	-	6.07%	14.17%	-4.27%
EBITDA	4,327	-654	2,427	2,241	1,820
EBITDA Margin	29.21%	-4.51%	19.98%	19.20%	16.02%
Depreciation & Amortization	1,263	1,380	867	823	789
EBIT	3,064	-2,034	1,560	1,418	1,031
EBIT Margin	20.68%	-14.02%	12.84%	12.15%	9.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).