BAX vs. GKOS: Baxter vs. Glaukos Stock Comparison
How do Baxter (BAX) and Glaukos (GKOS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Baxter (BAX) and Glaukos (GKOS) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.
| Profile Item | BAX | GKOS |
|---|---|---|
| Name | Baxter International Inc. | Glaukos Corp. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment | Health Care Equipment |
| Market Capitalization | 13.34 billion USD | 13.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 27, 1981 | June 25, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Total Return (1Y) | 45.72% | 179.91% |
| Total Return (3Y, Annualized) | -5.53% | 55.51% |
| Total Return (5Y, Annualized) | -17.96% | 35.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Volatility (1Y, Annualized) | 42.31% | 61.24% |
| Beta (5Y) | 0.62 | 0.68 |
| Max Drawdown (5Y) | -80.61% | -53.68% |
| Avg. Volume (3M) | 6.53M | 1.15M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.98 | 2.87 |
| Sortino Ratio (1Y) | 1.42 | 5.93 |
Profitability
ROE (TTM)
Both Baxter (BAX) at -9.04% and Glaukos (GKOS) at -22.84% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.
BAX
Health Care Equipment & Services industry group
-9.04%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- BAX
- -9.04%
- Q1
- -10.67%
- Min
- -47.01%
GKOS
Health Care Equipment & Services industry group
-22.84%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- GKOS
- -22.84%
- Min
- -47.01%
Net Margin (TTM)
Both Baxter (BAX) at -6.23% and Glaukos (GKOS) at -24.60% report negative net margin values, usually indicating net losses over the period.
BAX
Health Care Equipment & Services industry group
-6.23%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- BAX
- -6.23%
- Q1
- -6.29%
- Min
- -28.46%
GKOS
Health Care Equipment & Services industry group
-24.60%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- GKOS
- -24.60%
- Min
- -28.46%
Operating Margin (TTM)
Both Baxter (BAX) at 9.88% and Glaukos (GKOS) at 0.39% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
BAX
Health Care Equipment & Services industry group
9.88%
- Max
- 35.43%
- Q3
- 14.14%
- BAX
- 9.88%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
GKOS
Health Care Equipment & Services industry group
0.39%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- GKOS
- 0.39%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | BAX | GKOS |
|---|---|---|
| ROE (TTM) | -9.04% | -22.84% |
| ROA (TTM) | 2.71% | -3.90% |
| Net Margin (TTM) | -6.23% | -24.60% |
| Operating Margin (TTM) | 9.88% | 0.39% |
| Gross Margin (TTM) | 33.37% | 81.13% |
Growth
Revenue Growth
Glaukos (GKOS) at 32.33% sits in the top revenue growth quartile, while Baxter (BAX) at 5.72% is closer to the peer norm — faster top-line expansion for GKOS.
EPS Growth
Neither Baxter (BAX) nor Glaukos (GKOS) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Revenue Growth (YoY) | 5.72% | 32.33% |
| Revenue Growth (3Y CAGR) | 3.79% | 21.51% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Baxter (BAX) at 1.79 keeps current ratio within its industry’s typical mid-range, while Glaukos (GKOS) at 4.57 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
BAX
Health Care Equipment & Services industry group
1.79
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- BAX
- 1.79
- Q1
- 1.37
- Min
- 0.30
GKOS
Health Care Equipment & Services industry group
4.57
- Max
- 7.59
- GKOS
- 4.57
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Glaukos (GKOS) at 0.15 keeps leverage in the lower quartile, while Baxter (BAX) at 1.36 sits in the higher-leverage quartile.
BAX
Health Care Equipment & Services industry group
1.36
- Max
- 1.88
- BAX
- 1.36
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
GKOS
Health Care Equipment & Services industry group
0.15
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- GKOS
- 0.15
- Min
- 0.00
Financial Strength Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Current Ratio (MRQ) | 1.79 | 4.57 |
| Debt / Equity (MRQ) | 1.36 | 0.15 |
| Net Debt / EBITDA | 3.73 | -- |
Dividends
Dividend Yield (TTM)
Glaukos (GKOS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Baxter (BAX) reports a yield of 0.16%, ranking against industry peers normally.
BAX
Health Care Equipment & Services industry group
0.16%
- BAX
- 0.16%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
GKOS
Health Care Equipment & Services industry group
0.00%
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Baxter (BAX) reports payout ratio above 100% at 154.67%, meaning dividends exceeded current-period earnings; Glaukos (GKOS) pays no dividend (payout 0.00%).
BAX
Health Care Equipment & Services industry group
154.67%
- BAX
- 154.67%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
GKOS
Health Care Equipment & Services industry group
0.00%
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BAX | GKOS |
|---|---|---|
| Dividend Yield (TTM) | 0.16% | 0.00% |
| Dividend Payout Ratio (TTM) | 154.67% | 0.00% |
Valuation
P/E Ratio (TTM)
Neither Baxter (BAX) nor Glaukos (GKOS) reports a P/E ratio value for this period, so a direct comparison isn’t possible.
BAX
Health Care Equipment & Services industry group
--
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
- BAX
- --
GKOS
Health Care Equipment & Services industry group
--
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
- GKOS
- --
P/S Ratio (TTM)
Baxter (BAX) at 1.15 prices around its industry’s typical P/S ratio, while Glaukos (GKOS) at 19.24 clears its benchmark range — GKOS looks notably rich on sales.
BAX
Health Care Equipment & Services industry group
1.15
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- BAX
- 1.15
- Q1
- 1.10
- Min
- 0.03
GKOS
Health Care Equipment & Services industry group
19.24
- GKOS
- 19.24
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Baxter (BAX) at 2.05 sits near its industry’s typical P/B ratio, while Glaukos (GKOS) at 18.51 prices above its benchmark range — GKOS looks rich relative to book.
BAX
Health Care Equipment & Services industry group
2.05
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- BAX
- 2.05
- Q1
- 1.73
- Min
- -1.31
GKOS
Health Care Equipment & Services industry group
18.51
- GKOS
- 18.51
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | BAX | GKOS |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 1.15 | 19.24 |
| P/B Ratio (MRQ) | 2.05 | 18.51 |
| Free Cash Flow Yield (TTM) | 9.16% | 0.40% |