US · USD
BAX
Baxter International Inc
- Day's range
- $23.24 – $24.29
- Day's volume
- $246.1M
- 52-week range
- $15.79 – $28.34
Follow BAX in the Fuolio
See how BAX weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountBAX in numbers
- Market cap
- $12.5B
- P/E
- -11.78
- P/B
- 2.02
- Dividend yield (12m)
- 0.17%
- Net debt/EBITDA
- -3.17
The 12-month dividend yield of BAX is 0.17%, below its 5-year average of 2.80%.
BAX price history
BAX risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +29.42% | -29.59% | -64.17% |
| Volatility (annualized) | 34.59% | 34.91% | 34.30% |
| Largest drawdown | -17.53% | -59.09% | -78.51% |
| Positive months | 8/12 | 19/36 | 27/60 |
How much did investing in BAX return?
$1,000.00 invested on 11/01/2021 would be worth $358.26 today.
- Value today in BAX
- $358.26
- Return over the period
- -64.17%
- Return per year
- -18.81%
- In the S&P 500
- $1,702.20
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
BAX fundamentals
Valuation
- P/E-11.78
- P/B2.02
- EV/EBITDA15.27
- EV/EBIT-37.85
- EV/Revenue0.90
- P/EBIT-45.70
- P/S1.09
- P/OCF9.49
- P/FCF—
- Earnings yield-2.64%
- PEG ratio—
- Earnings per share-$2.06
- Book value per share$12.00
Debt
- Net debt-$2.2B
- Net debt/EBITDA-3.17
- Net debt/Equity-0.35
- Debt/Equity0.00
- Current ratio1.95
- Quick ratio1.32
- Cash ratio0.60
Efficiency
- Gross margin30.08%
- EBITDA margin5.92%
- Operating margin-2.39%
- Net margin-9.27%
- Asset turnover0.58
Profitability
- ROE-17.13%
- ROA-5.37%
- ROIC-6.76%
- Payout—
Growth
- Revenue CAGR (5 years)-1.22%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is BAX's fair price?
Two classic value formulas, with today's numbers. The current price is $24.22.
- Graham's fair price
- —
- Does not apply to BAX: the formula needs positive earnings and book value.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $17.30
- 28.57% below the price
$1.04 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
BAX's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | -10.27 | -22.99 | 7.39 | -10.57 | 33.58 | 36.78 | 42.38 | 21.82 |
| P/B | 1.60 | 2.14 | 2.34 | 4.41 | 4.75 | 4.66 | 5.38 | 4.30 |
| EV/EBITDA | 25.71 | 28.15 | 17.98 | — | 26.26 | 17.64 | 15.35 | 13.55 |
| Dividend yield | 3.56% | 3.98% | 3.00% | 2.24% | 1.22% | 1.16% | 0.98% | 1.06% |
| Earnings per share | -$1.86 | -$1.27 | $5.23 | -$4.82 | $2.56 | $2.18 | $1.97 | $3.02 |
| Book value per share | $11.91 | $13.61 | $16.54 | $11.56 | $18.07 | $17.20 | $15.54 | $15.30 |
| ROE | -15.61% | -9.32% | 31.61% | -41.71% | 14.15% | 12.68% | 12.70% | 19.71% |
| ROIC | -2.26% | 0.07% | 2.76% | -12.85% | 5.17% | 12.40% | 37.13% | 25.31% |
| Gross margin | 30.05% | 37.46% | 40.06% | 35.29% | 38.86% | 39.30% | 41.90% | 42.88% |
| EBITDA margin | 5.99% | 9.51% | 16.32% | -17.63% | 18.25% | 20.89% | 22.54% | 21.22% |
| Net margin | -8.51% | -6.10% | 25.64% | -24.19% | 10.57% | 9.44% | 8.81% | 13.93% |
| Net debt/EBITDA | 11.10 | 13.39 | 6.37 | — | 6.81 | 1.03 | -1.21 | -0.78 |
BAX's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $11.2B | $10.6B | $10.4B | $10.1B | $12.1B | $11.7B |
| Cost of revenue | -$7.9B | -$6.7B | -$6.2B | -$6.5B | -$7.4B | -$7.1B |
| Gross profit | $3.4B | $4B | $4.2B | $3.5B | $4.7B | $4.6B |
| EBITDA | $673M | $1B | $1.7B | -$1.8B | $2.2B | $2.4B |
| EBIT | -$308M | $14M | $707M | -$2.8B | $1.4B | $1.6B |
| Financial result | — | — | — | — | — | — |
| Income before tax | -$505M | -$289M | $242M | -$3.2B | $1.1B | $1.3B |
| Income tax | -$395M | -$37M | -$61M | $135M | -$83M | -$182M |
| Net income | -$957M | -$649M | $2.7B | -$2.4B | $1.3B | $1.1B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does BAX pay dividends?
Dividend yield per year
- 0.90%2017
- 1.06%2018
- 0.98%2019
- 1.16%2020
- 1.22%2021
- 2.24%2022
- 3.00%2023
- 3.98%2024
- 3.56%2025
- 0.17%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/27/2026 | 10/01/2026 | $0.01 |
| Dividend | 05/28/2026 | 07/01/2026 | $0.01 |
| Dividend | 02/26/2026 | 04/01/2026 | $0.01 |
| Dividend | 11/27/2025 | 01/02/2026 | $0.01 |
| Dividend | 08/28/2025 | 10/01/2025 | $0.17 |
| Dividend | 05/29/2025 | 07/01/2025 | $0.17 |
| Dividend | 02/27/2025 | 04/01/2025 | $0.17 |
| Dividend | 11/28/2024 | 01/02/2025 | $0.17 |
| Dividend | 08/29/2024 | 10/01/2024 | $0.29 |
| Dividend | 05/30/2024 | 07/01/2024 | $0.29 |
| Dividend | 02/28/2024 | 04/01/2024 | $0.29 |
| Dividend | 11/29/2023 | 01/02/2024 | $0.29 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/30/2023 | 10/02/2023 | $0.29 |
| Dividend | 05/31/2023 | 07/03/2023 | $0.29 |
| Dividend | 02/22/2023 | 04/03/2023 | $0.29 |
| Dividend | 11/30/2022 | 01/03/2023 | $0.29 |
| Dividend | 08/31/2022 | 10/03/2022 | $0.29 |
| Dividend | 06/01/2022 | 07/01/2022 | $0.29 |
| Dividend | 02/23/2022 | 04/01/2022 | $0.28 |
| Dividend | 12/01/2021 | 01/03/2022 | $0.28 |
| Dividend | 09/01/2021 | 10/01/2021 | $0.28 |
| Dividend | 06/02/2021 | 07/01/2021 | $0.28 |
| Dividend | 02/24/2021 | 04/01/2021 | $0.25 |
| Dividend | 12/02/2020 | 01/04/2021 | $0.25 |
| Dividend | 08/27/2020 | 10/01/2020 | $0.25 |
| Dividend | 06/03/2020 | 07/01/2020 | $0.25 |
| Dividend | 02/26/2020 | 04/01/2020 | $0.22 |
| Dividend | 12/04/2019 | 01/02/2020 | $0.22 |
| Dividend | 08/28/2019 | 10/01/2019 | $0.22 |
| Dividend | 06/05/2019 | 07/01/2019 | $0.22 |
| Dividend | 02/27/2019 | 04/01/2019 | $0.19 |
| Dividend | 11/29/2018 | 01/02/2019 | $0.19 |
| Dividend | 08/29/2018 | 10/01/2018 | $0.19 |
| Dividend | 05/30/2018 | 07/02/2018 | $0.19 |
| Dividend | 02/28/2018 | 04/02/2018 | $0.16 |
| Dividend | 11/29/2017 | 01/02/2018 | $0.16 |
| Dividend | 08/29/2017 | 10/02/2017 | $0.16 |
| Dividend | 05/30/2017 | 07/03/2017 | $0.16 |
| Dividend | 02/28/2017 | 04/03/2017 | $0.13 |
| Dividend | 11/29/2016 | 01/03/2017 | $0.13 |
About Baxter International
- Sector
- Manufacturing
Questions about BAX
How much is BAX today?
BAX is at $24.22 (3.11% on the day), last traded on 10/05/2026.
How much did BAX pay in dividends in 2025?
BAX paid $0.68 per share in 2025, a dividend yield of 3.56%.
What are the P/E and P/B of BAX?
BAX trades at a P/E of -11.78 and a P/B of 2.02.
How much did BAX return in 12 months?
BAX returned 29.42% in 12 months, with annualized volatility of 34.59% and a largest drawdown of -17.53%.