Seek Returns

Baxter (BAX) Stock Analysis

This is a peer-relative look at Baxter (BAX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Baxter (BAX)
Profile ItemBAX
NameBaxter International Inc.
Country/RegionUnited States
GICS SectorHealth Care
GICS Industry GroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care Equipment
Market Capitalization13.34 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateOctober 27, 1981
Security TypeCommon Stock

Price Performance

Cumulative Growth

BAX
GSPC
Loading price history…
Baxter (BAX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Baxter (BAX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Baxter (BAX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Total Return (1Y)45.72%21.53%
Total Return (3Y, Annualized)-5.53%9.81%
Total Return (5Y, Annualized)-17.96%-2.76%

Risk Profile

Drawdown History

BAX
GSPC
Loading price history…
Baxter (BAX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Baxter (BAX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Volatility (1Y, Annualized)42.31%50.93%
Beta (5Y)0.620.85
Max Drawdown (5Y)-80.61%-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. BAX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Sharpe Ratio (1Y)0.980.34
Sortino Ratio (1Y)1.420.54

Profitability

ROE (TTM)

Baxter (BAX) has negative ROE of -9.04%. That can come from trailing losses or negative book equity, so it is a warning state rather than a clean capital-efficiency measure.

BAX

Health Care Equipment & Services industry group

-9.04%

Group distribution
Max
47.61%
Q3
14.36%
Median
5.45%
BAX
-9.04%
Q1
-10.67%
Min
-47.01%
Largest peers
ISRG
17.93%
SYK
16.02%
UNH
15.77%
MDT
10.65%
ABT
9.14%
BAX
-9.04%
MCK
--
Loading chart…
Where Baxter (BAX) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Baxter (BAX) has negative net margin of -6.23%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.

BAX

Health Care Equipment & Services industry group

-6.23%

Group distribution
Max
29.35%
Q3
9.33%
Median
2.18%
BAX
-6.23%
Q1
-6.29%
Min
-28.46%
Largest peers
ISRG
25.54%
MDT
13.93%
SYK
13.78%
ABT
9.75%
UNH
3.53%
MCK
1.12%
BAX
-6.23%
Loading chart…
Where Baxter (BAX) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Baxter (BAX) turns 9.88% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

BAX

Health Care Equipment & Services industry group

9.88%

Group distribution
Max
35.43%
Q3
14.14%
BAX
9.88%
Median
6.81%
Q1
-0.28%
Min
-16.29%
Largest peers
ISRG
33.29%
SYK
22.96%
MDT
19.33%
ABT
11.66%
BAX
9.88%
UNH
5.82%
MCK
1.48%
Loading chart…
Where Baxter (BAX) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
ROE (TTM)-9.04%5.45%
ROA (TTM)2.71%3.17%
Net Margin (TTM)-6.23%2.18%
Operating Margin (TTM)9.88%6.81%
Gross Margin (TTM)33.37%55.21%

Growth

Revenue Growth

Baxter (BAX) grew revenue 5.72%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Loading chart…
Baxter (BAX): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

No usable EPS growth is available for Baxter (BAX) this period, so the earnings-momentum read is skipped.

Loading chart…
Baxter (BAX) doesn't report EPS Growth this period; the bars show the Health Care Equipment & Services industry-group medians on their own.

Growth Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Revenue Growth (YoY)5.72%11.55%
Revenue Growth (3Y CAGR)3.79%10.83%
EPS Growth (YoY)--4.88%
EPS Growth (3Y CAGR)--14.59%

Financial Strength

Current Ratio (MRQ)

Baxter (BAX) has current ratio of 1.79, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

BAX

Health Care Equipment & Services industry group

1.79

Group distribution
Max
7.59
Q3
4.00
Median
1.98
BAX
1.79
Q1
1.37
Min
0.30
Largest peers
ISRG
3.33
SYK
2.18
MDT
2.07
BAX
1.79
ABT
1.46
MCK
0.90
UNH
0.74
Loading chart…
Where Baxter (BAX) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Baxter (BAX) has debt-to-equity ratio of 1.36, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

BAX

Health Care Equipment & Services industry group

1.36

Group distribution
Max
1.88
BAX
1.36
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
Largest peers
BAX
1.36
UNH
0.70
SYK
0.66
ABT
0.61
MDT
0.55
ISRG
--
MCK
--
Loading chart…
Where Baxter (BAX) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Current Ratio (MRQ)1.791.98
Debt / Equity (MRQ)1.360.58
Net Debt / EBITDA3.732.04

Dividends

Dividend Yield (TTM)

Baxter (BAX) has dividend yield of 0.16%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

BAX

Health Care Equipment & Services industry group

0.16%

Group distribution
BAX
0.16%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Largest peers
MDT
2.72%
UNH
2.29%
ABT
2.22%
SYK
1.05%
MCK
0.32%
BAX
0.16%
ISRG
0.00%
Loading chart…
Where Baxter (BAX) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Baxter (BAX) has payout ratio of 154.67%, meaning dividends exceeded current-period earnings. The gap would need to be covered by cash, retained earnings, financing, or other sources, so earnings alone do not support the payout.

BAX

Health Care Equipment & Services industry group

154.67%

Group distribution
BAX
154.67%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Largest peers
BAX
154.67%
ABT
92.54%
MDT
70.02%
UNH
51.71%
SYK
37.49%
MCK
8.77%
ISRG
0.00%
Loading chart…
Where Baxter (BAX) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
Dividend Yield (TTM)0.16%0.00%
Dividend Payout Ratio (TTM)154.67%0.00%

Valuation

P/E Ratio (TTM)

No usable P/E ratio is available for Baxter (BAX) this period, so the trailing-earnings valuation read is skipped.

BAX

Health Care Equipment & Services industry group

--

Group distribution
Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
BAX
--
Largest peers
ISRG
54.75
ABT
41.02
SYK
34.70
MCK
27.36
MDT
25.01
UNH
22.50
BAX
--
Loading chart…
Baxter (BAX) doesn’t report P/E ratio this period; the box shows the Health Care Equipment & Services group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Baxter (BAX) trades at 1.15 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

BAX

Health Care Equipment & Services industry group

1.15

Group distribution
Max
8.80
Q3
4.32
Median
2.13
BAX
1.15
Q1
1.10
Min
0.03
Largest peers
ISRG
13.82
SYK
4.72
ABT
3.95
MDT
3.47
BAX
1.15
UNH
0.78
MCK
0.29
Loading chart…
Where Baxter (BAX) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Baxter (BAX) trades at 2.05 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

BAX

Health Care Equipment & Services industry group

2.05

Group distribution
Max
11.68
Q3
6.12
Median
3.00
BAX
2.05
Q1
1.73
Min
-1.31
Largest peers
ISRG
9.82
SYK
5.29
ABT
3.73
UNH
3.60
MDT
2.59
BAX
2.05
MCK
-30.85
Loading chart…
Where Baxter (BAX) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Baxter (BAX) metric values compared with Health Care Equipment & Services industry-group medians
MetricCurrent stock: BAXIndustry group median
P/E Ratio (TTM)--29.93
P/S Ratio (TTM)1.152.13
P/B Ratio (MRQ)2.053.00
Free Cash Flow Yield (TTM)9.16%3.50%