Score Your Stock

US stock · figures in US dollars · scored on full-year results

Baxter International Baxter International Inc. Common Stock

BAX · Healthcare · Medical Instruments & Supplies
Bottom 7% of scored stocks
WeakBottom 7% of scored stocks
Weak SpotRecent Loss

Baxter International scores 35/100 on fundamentals: in the bottom 7% of 503 scored S&P 500 stocks. Its strongest area is Risk (58/100); its weakest is Business Strength (10/100). It carries 2 warning flags: Weak Spot, Recent Loss.

Best
Risk 58
Weakest
Business 10
  • Carries a Weak Spot flag
  • Carries a Recent Loss flag

A financially stretched, expensively priced stock, but business strength needs attention.

What looks good
What to watch
Mkt capUS$ 11.8b#476 of 503 in the S&P 500EPSUS$ -1.88P/En/m (loss-making)P/B1.9×✓ vs sector median 4×Div yield0%Bottom 22% in the S&P 50052w range · 50% of range15.7330.00
as of 31 Oct 2026

Nearby peers

Ranks #55 of 60 in Healthcare by score

#1Universal Health Services79#53Waters37#54Viatris36
#55Baxter International35
#56Henry Schein35#57Becton Dickinson31

One-Minute Summary

Why Baxter International scores 35

A financially stretched, expensively priced stock, but business strength needs attention.

What looks good
What to watch

Business StrengthLowest pillar

10
Why 10?
Pillar score: (0 + 1 + 0 + 0 + 0) = 1 of 10 points → 10
Return on Equity (ROE)-12%Weak4-Year Revenue Growth+4%/yrOkay4-Year Profit Growthn/m (loss-making)WeakNet Profit Marginn/m (loss-making)WeakQuarterly Momentumn/m (loss-making)Weak
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↓ -127.2%Equity ↓ -26.1%ROE % -11.7%
Net ProfitEquityROE %
2.7b-649m-957m-723m8.4b7.0b6.1b6.2b202320242025TTM31.6%-9.3%-15.6%-11.7%

Revenue & Net Profit, with Net Margin

Revenue ↑ +12.1%Net Profit ↓ -127.2%Net Margin % -6.2%
RevenueNet ProfitNet Margin %
10.4b10.6b11.2b11.6b2.7b-649m-957m-723m202320242025TTM25.6%-6.1%-8.5%-6.2%

Sales grew about 12.1% over 4 years: customers keep spending more with this company.

The company lost money in recent years: the bars below zero are losses, not profits.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +9.7%Net Profit ↓ -10%Net Margin % 4.3%
RevenueNet ProfitNet Margin %
2.7b2.8b2.6b2.8b2.8b3.0b2.7b3.0b140m-512m126m91m-46m-1.1b-15m126mQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'265.2%-18.6%4.8%3.2%-1.6%-37.9%-0.6%4.3%
▼▼▲▲▼▼▼▲

Sales grew about 9.7% over the last 8 quarters: customers keep spending more with this company.

The company made a loss in at least one of the last 8 quarters: the bars below zero are losses, not profits.

Why 33?
Pillar score: (0 + 2 + 0) = 2 of 6 points → 33
Debt-to-Equity1.6×WeakCurrent Ratio2×StrongInterest Coverage0.3×Weak
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↓ -31.5%Equity ↓ -26.1%D/E 1.6×
Total DebtEquityD/E
14.1b13.4b9.8b9.7b8.4b7.0b6.1b6.2b202320242025TTM1.7×1.9×1.6×1.6×

Borrowings fell about 31.5% over 4 years: the company is steadily getting safer.

Short-term assets vs bills, with Current Ratio

Current Assets ↓ -27.2%Current Liabilities ↓ -44.8%Current Ratio 1.9×
Current AssetsCurrent LiabilitiesCurrent Ratio
9.6b8.9b6.9b7.0b6.5b6.5b3.0b3.6b202320242025TTM1.5×1.4×2.3×1.9×
Why 50?
Pillar score: (0 + 1 + 2 + 1) = 4 of 8 points → 50
Dividend Quality0%Weak
Payout ratio: -25%
Operating Cash FlowPositive but bumpyOkayFree Cash FlowPositive & growingStrongCash & Cash EquivalentsPartly healthyOkay
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↓ -23.6%Free CF ↓ -37.1%
Operating CFFree CF
1.7b1.0b845m1.3b1.3b559m323m812m202320242025TTM

Cash keeps coming in, though unevenly: fine, but worth keeping an eye on.

Cash vs Total Debt

Cash ↓ -30.1%Short-Term Debt ↓ -68.4%Total Debt ↓ -31.5%
CashShort-Term DebtTotal Debt
3.1b1.8b2.0b2.1b2.7b2.8b3m844m14.1b13.4b9.8b9.7b202320242025TTM

Dividends per Share, with Yield

DPS (cents) ↓ -54.8%Yield % 0.2%
DPS (cents)Yield %
28292929292929171151161045220222023202420251.9%3%2.9%0.2%

Dividends were cut during this period: payouts here are not guaranteed pocket money.

Why 17?
Pillar score: (0 + 1 + 0) = 1 of 6 points → 17
P/E Ration/m (loss-making)WeakP/B Ratio1.9×OkayPEG Ration/m (growth not measurable)Weak
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 27.54US$ 21.75US$ 15.96Oct '25Feb '26Jun '26Oct '26

The share price is up about 24.8% over the past year.

Why 58?
Pillar score: (0 + 2 + 2 + 1 + 2 + 0) = 7 of 12 points → 58
Earnings ConsistencyVery bumpyWeakDebt Trend (4yr)FallingStrongShare Count Trend (4yr)+1%/yrStrongInventory vs Sales (4yr)+1.7 pp/yr vs salesOkayAsset Turnover Trend (4yr)+60.1%StrongQuarterly ConsistencyLoss in 4 of 8 quartersWeak
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +12.1%Inventory ↑ +17.8%Inv. % of Rev. 19.5%
RevenueInventoryInv. % of Rev.
10.4b10.6b11.2b11.6b1.9b2.0b2.2b2.3b202320242025TTM18.5%19.2%19.9%19.5%
Ranks #55 of 60 in Healthcare by score

Sector peers

#1Universal Health Services79#53Waters37#54Viatris36
#55Baxter International (you)35
#56Henry Schein35#57Becton Dickinson31

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B Ratio
2026US$ 11.6bUS$ -723.0mUS$ 1.3bUS$ 812.0mUS$ -507.0mUS$ 2.1bUS$ 9.7bUS$ 844.0mUS$ 6.2bUS$ 7.0bUS$ 3.6bUS$ 19.8bUS$ 13.6bUS$ 2.3b--12%-6%1.6×2.0×0.3×-25%---
2025US$ 11.2bUS$ -957.0mUS$ 845.0mUS$ 323.0mUS$ -522.0mUS$ 2.0bUS$ 9.8bUS$ 3.0mUS$ 6.1bUS$ 6.9bUS$ 3.0bUS$ 20.1bUS$ 14.0bUS$ 2.2bUS$ 52.0m-16%-9%1.6×2.3×-0.7×-36%3%-10.5×1.6×
2024US$ 10.6bUS$ -649.0mUS$ 1.0bUS$ 559.0mUS$ -460.0mUS$ 1.8bUS$ 13.4bUS$ 2.8bUS$ 7.0bUS$ 8.9bUS$ 6.5bUS$ 25.8bUS$ 18.8bUS$ 2.0bUS$ 104.0m-9%-6%1.9×1.4×0.3×-91%4%-22.8×2.1×
2023US$ 10.4bUS$ 2.7bUS$ 1.7bUS$ 1.3bUS$ -436.0mUS$ 3.1bUS$ 14.1bUS$ 2.7bUS$ 8.4bUS$ 9.6bUS$ 6.5bUS$ 28.3bUS$ 19.8bUS$ 1.9bUS$ 116.0m32%26%1.7×1.5×1.5×22%3%7.0×2.2×