BAX vs. PHG: Baxter vs. Koninklijke Philips Stock Comparison
How do Baxter (BAX) and Koninklijke Philips (PHG) 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 Koninklijke Philips (PHG) 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.
Baxter (BAX) trades as ordinary local shares, while Koninklijke Philips (PHG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BAX | PHG |
|---|---|---|
| Name | Baxter International Inc. | Koninklijke Philips N.V. ADR |
| Country/Region | United States | Netherlands |
| 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 | 29.67 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 27, 1981 | March 17, 1980 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BAX | PHG |
|---|---|---|
| Total Return (1Y) | 45.72% | 13.15% |
| Total Return (3Y, Annualized) | -5.53% | 18.95% |
| Total Return (5Y, Annualized) | -17.96% | -6.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BAX | PHG |
|---|---|---|
| Volatility (1Y, Annualized) | 42.31% | 29.55% |
| Beta (5Y) | 0.62 | 0.65 |
| Max Drawdown (5Y) | -80.61% | -74.51% |
| Avg. Volume (3M) | 6.53M | 1.08M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BAX | PHG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.98 | 0.30 |
| Sortino Ratio (1Y) | 1.42 | 0.48 |
Profitability
ROE (TTM)
Baxter (BAX) reports a negative ROE of -9.04%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Koninklijke Philips (PHG) reports 8.61%, ranking against industry peers normally.
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%
PHG
Health Care Equipment & Services industry group
8.61%
- Max
- 47.61%
- Q3
- 14.36%
- PHG
- 8.61%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Baxter (BAX) reports a negative net margin of -6.23%, usually indicating a net loss over the period. Meanwhile Koninklijke Philips (PHG) reports 5.39%, ranking against industry peers normally.
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%
PHG
Health Care Equipment & Services industry group
5.39%
- Max
- 29.35%
- Q3
- 9.33%
- PHG
- 5.39%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both Baxter (BAX) at 9.88% and Koninklijke Philips (PHG) at 3.76% 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%
PHG
Health Care Equipment & Services industry group
3.76%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- PHG
- 3.76%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | BAX | PHG |
|---|---|---|
| ROE (TTM) | -9.04% | 8.61% |
| ROA (TTM) | 2.71% | 3.59% |
| Net Margin (TTM) | -6.23% | 5.39% |
| Operating Margin (TTM) | 9.88% | 3.76% |
| Gross Margin (TTM) | 33.37% | 46.43% |
Growth
Revenue Growth
Baxter (BAX) at 5.72% is around its peer norm for revenue growth, while Koninklijke Philips (PHG) at -1.04% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Neither Baxter (BAX) nor Koninklijke Philips (PHG) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | BAX | PHG |
|---|---|---|
| Revenue Growth (YoY) | 5.72% | -1.04% |
| Revenue Growth (3Y CAGR) | 3.79% | 0.01% |
| 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 Koninklijke Philips (PHG) at 1.33 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PHG.
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
PHG
Health Care Equipment & Services industry group
1.33
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- PHG
- 1.33
- Min
- 0.30
Debt / Equity (MRQ)
Koninklijke Philips (PHG) at 0.70 carries an industry-typical debt-to-equity mix, while Baxter (BAX) at 1.36 uses more debt funding than most peers.
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
PHG
Health Care Equipment & Services industry group
0.70
- Max
- 1.88
- Q3
- 0.91
- PHG
- 0.70
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | BAX | PHG |
|---|---|---|
| Current Ratio (MRQ) | 1.79 | 1.33 |
| Debt / Equity (MRQ) | 1.36 | 0.70 |
| Net Debt / EBITDA | 3.73 | 2.45 |
Dividends
Dividend Yield (TTM)
Koninklijke Philips (PHG) 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%
PHG
Health Care Equipment & Services industry group
0.00%
- PHG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Baxter (BAX) at 154.67% and Koninklijke Philips (PHG) at 211.79% report payout ratio above 100%, meaning dividends exceeded current-period earnings on both sides.
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%
PHG
Health Care Equipment & Services industry group
211.79%
- PHG
- 211.79%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BAX | PHG |
|---|---|---|
| Dividend Yield (TTM) | 0.16% | 0.00% |
| Dividend Payout Ratio (TTM) | 154.67% | 211.79% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Koninklijke Philips (PHG) trades at 63.23 times trailing earnings, ranked against its peers, while Baxter (BAX) has no P/E ratio this period.
BAX
Health Care Equipment & Services industry group
--
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
- BAX
- --
PHG
Health Care Equipment & Services industry group
63.23
- Max
- 80.41
- PHG
- 63.23
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
On P/S ratio, both Baxter (BAX) at 1.15 and Koninklijke Philips (PHG) at 1.67 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
PHG
Health Care Equipment & Services industry group
1.67
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- PHG
- 1.67
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Baxter (BAX) at 2.05 and Koninklijke Philips (PHG) at 2.28 are valued close to their industries’ norm against book — neither stands out from peers.
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
PHG
Health Care Equipment & Services industry group
2.28
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- PHG
- 2.28
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | BAX | PHG |
|---|---|---|
| P/E Ratio (TTM) | -- | 63.23 |
| P/S Ratio (TTM) | 1.15 | 1.67 |
| P/B Ratio (MRQ) | 2.05 | 2.28 |
| Free Cash Flow Yield (TTM) | 9.16% | 6.23% |