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Baxter International BAX
$ 26.13
0.81%
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Baxter International Financial Ratios 2025-2006 | BAX
Brief overview of Baxter International 's valuation and returns
This overview follows the five latest available observations from 2018 through 2023.
Key multiples at the end of the period are P/E 7.69x (median 33.33x), EV/EBITDA 24.66x (median 19.36x), P/S 0.86x (median 1.97x). Valuation is roughly 35.7% below five-year reference levels. The discount may reflect opportunity or higher perceived risk.
At the current P/E, inverse earnings yield is 13%, a useful bridge between price and business earnings.
The latest available business-quality ratios are ROE -15.6%, ROA -4.8%, ROCE -5%. Current return ratios are negative, materially weakening the fundamental profile.
Price, earnings and growth produce a PEG of 0.11x. A value below one indicates moderate pricing relative to expected growth.
The cash conversion cycle is 106.2 days versus 112.7 days initially. Turnover changed little.
Overall assessment
Baxter International 's restrained price comes with modest current quality. Better efficiency is needed for revaluation.
Annual Financial Ratios Baxter International
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
-10.1 | -26.6 | 7.7 | -8.3 | 33.3 | 36.3 | 46.1 | 23.6 | 54.3 | 5.2 | 20.6 | 8.3 | 10.2 | 8.7 | 7.7 | 9.4 | 7.4 | 10.2 | 11.7 | - |
P/S |
0.9 | 1.6 | 2.0 | 2.0 | 3.5 | 3.4 | 4.1 | 3.4 | 3.7 | 2.5 | 2.0 | 1.2 | 1.3 | 1.4 | 1.2 | - | - | - | - | - |
EPS |
-1.9 | -1.3 | 5.2 | -4.8 | 2.6 | 2.2 | 2.0 | 2.9 | 1.1 | 9.1 | 1.8 | 4.6 | 3.7 | 4.2 | 3.9 | 2.4 | 3.6 | 3.2 | 2.6 | - |
EV (Enterprise Value) |
21.6 B | 34.3 B | 37.1 B | 41 B | 64.2 B | 47.6 B | 53.1 B | 44.3 B | 43.6 B | 30.1 B | 29.8 B | 35.5 B | 35.1 B | 30.5 B | 26.4 B | 10.6 B | 13.4 B | 18.5 B | 17.5 B | -2.48 B |
EBITDA per Share |
1.31 | 1.98 | 3.34 | -3.52 | 4.42 | 4.79 | 3.27 | 4.55 | 3.72 | 2.79 | 2.22 | 6.85 | 6.43 | 6.41 | 6.36 | 1.16 | 1.05 | 1.01 | 0.9 | - |
EV/EBITDA |
32.2 | 33.9 | 22.0 | -23.1 | 24.7 | 17.5 | 28.9 | 16.4 | 19.4 | 16.8 | 20.1 | 7.3 | 7.7 | 6.5 | 5.4 | 15.5 | 21.1 | 29.3 | 30.0 | - |
PEG |
0.11 | 0.35 | -0.11 | 0.28 | 2.52 | 1.82 | -1.31 | 0.18 | -0.64 | 0.01 | -0.34 | 0.34 | -0.82 | 1.1 | 0.12 | - | - | - | - | - |
P/B |
1.6 | 2.5 | 2.4 | 3.4 | 4.7 | 4.6 | 5.8 | 4.9 | 4.3 | 3.1 | 2.3 | 2.5 | 2.4 | 2.9 | 2.5 | 0.8 | 0.9 | 1.3 | - | - |
P/CF |
11.4 | 17.0 | 11.8 | 16.7 | 19.3 | 21.4 | 32.8 | 27.1 | 32.4 | 27.4 | 27.1 | 15.7 | 12.2 | 10.4 | 9.2 | 4.4 | 5.6 | 8.2 | 8.7 | - |
ROE % |
-15.61 | -9.32 | 31.61 | -41.71 | 14.08 | 12.63 | 12.65 | 20.78 | 7.87 | 59.96 | 10.92 | 30.62 | 23.71 | 33.33 | 32.57 | 21.62 | 30.66 | 32.33 | 24.36 | - |
ROA % |
-4.77 | -2.52 | 9.39 | -8.60 | 3.83 | 5.50 | 5.50 | 10.38 | 4.19 | 31.94 | 4.62 | 9.63 | 7.78 | 11.41 | 11.66 | 8.12 | 12.71 | 13.07 | - | - |
ROCE % |
-5.03 | 0.20 | 8.41 | -48.77 | 14.80 | 18.52 | 5.85 | 12.86 | 8.80 | 5.66 | 2.95 | 13.62 | 13.36 | 18.05 | 20.72 | - | - | - | - | - |
Current Ratio |
1.4 | 1.4 | 1.4 | 1.3 | 1.4 | 1.8 | 2.3 | 2.1 | 2.6 | 2.4 | 2.1 | 1.7 | 1.7 | 1.9 | 1.8 | - | - | - | - | - |
DSO |
52.6 | 52.8 | 68.3 | 86.0 | 61.6 | 54.7 | 60.9 | 59.4 | 62.0 | 60.7 | 63.4 | 61.4 | 69.6 | 62.4 | 63.6 | - | - | - | - | - |
DIO |
99.3 | 108.8 | 135.1 | 143.9 | 107.4 | 91.9 | 91.4 | 95.1 | 88.3 | 86.2 | 100.6 | 152.6 | 166.6 | 148.5 | 140.1 | 130.6 | 148.7 | 69.3 | - | - |
DPO |
45.6 | 50.7 | 58.5 | 66.1 | 56.3 | 49.8 | 49.3 | 57.7 | 55.1 | 47.7 | 44.9 | 54.2 | 52.5 | 40.6 | 42.4 | 41.1 | 24.4 | - | - | - |
Operating Cycle |
151.9 | 161.6 | 203.4 | 229.9 | 169.0 | 146.6 | 152.3 | 154.5 | 150.2 | 147.0 | 163.9 | 213.9 | 236.3 | 210.9 | 203.7 | 130.6 | 148.7 | 69.3 | - | - |
Cash Conversion Cycle |
106.2 | 110.9 | 144.9 | 163.9 | 112.7 | 96.8 | 103.0 | 96.8 | 95.2 | 99.3 | 119.1 | 159.8 | 183.7 | 170.3 | 161.3 | 89.5 | 124.3 | 69.3 | - | - |
All numbers in USD currency
Quarterly Financial Ratios Baxter International
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q3 | 2009-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
0.24 | -0.03 | -0.09 | 0.18 | 0.25 | 0.27 | -0.62 | 0.07 | 4.95 | -0.28 | 0.09 | - | -5.83 | 0.5 | 0.14 | - | 0.9 | 0.59 | 0.59 | 0.33 | 0.7 | 0.48 | 0.65 | -0.05 | 0.72 | 0.61 | 0.67 | 0.58 | 0.97 | 0.64 | 0.71 | -0.13 | 0.46 | 0.49 | 0.5 | 0.45 | 0.24 | 2.21 | 6.16 | 0.37 | - | 0.61 | 0.79 | 1.76 | 0.86 | 0.96 | 1.03 | 0.6 | 1 | 1.09 | 1.01 | 0.9 | 1.07 | 1.2 | 1.05 | 0.82 | 1.02 | 1.08 | 0.99 | 0.9 | 0.9 | -0.11 | 0.88 | 0.97 |
EBITDA per Share |
1.34 | 0.59 | 0.51 | 0.58 | 0.6 | 0.49 | 0.49 | 0.76 | 0.64 | 0.28 | 0.88 | - | -5.38 | 0.91 | 1.08 | - | 2.32 | 0.98 | 1.2 | - | 2.11 | 1.44 | 1.2 | - | 2.12 | 1.44 | 1.12 | 0.74 | 1.81 | 1.43 | 1.16 | - | 1.58 | 1.33 | 1.01 | - | 1.44 | 0.84 | 0.69 | - | 1.25 | 0.85 | 0.51 | - | 1.49 | 0.9 | 0.44 | - | 1.06 | 0.67 | 0.34 | - | 0.97 | 0.65 | 0.31 | - | 0.89 | 0.57 | 0.27 | 0.87 | 0.56 | 0.28 | 0.77 | 0.5 |
ROE % |
2.39 | 2.15 | 4.16 | 0.72 | -0.08 | 28.85 | 24.58 | 29.40 | -23.69 | -51.58 | -48.29 | -49.03 | -43.93 | 12.22 | 12.92 | 12.14 | 14.07 | 13.06 | 12.39 | 12.68 | 10.46 | 11.04 | 12.18 | 12.70 | 16.88 | 18.80 | 19.21 | 19.77 | 15.10 | 11.25 | 9.78 | 7.86 | 11.57 | 10.38 | 22.10 | 59.89 | 59.28 | 57.72 | 46.85 | 10.94 | 20.36 | 26.11 | 28.76 | 30.75 | 22.87 | 23.53 | 24.10 | 23.77 | 27.04 | 29.02 | 31.57 | 33.53 | 33.44 | 33.78 | 33.59 | 33.77 | 34.78 | 35.10 | 24.79 | 23.61 | 24.53 | -0.98 | 7.48 | 8.96 |
ROA % |
0.78 | 0.73 | 1.33 | 0.36 | 0.06 | 7.65 | 6.62 | 7.96 | -2.67 | -10.64 | -7.86 | -8.01 | -6.50 | 4.00 | 5.53 | 5.32 | 6.16 | 5.66 | 5.38 | 5.50 | 4.54 | 4.79 | 5.28 | 5.50 | 7.57 | 8.84 | 9.30 | 9.86 | 7.50 | 5.67 | 5.04 | 4.19 | 6.17 | 5.54 | 11.79 | 31.94 | 31.35 | 30.52 | 24.31 | 4.62 | 7.29 | 9.09 | 9.51 | 9.60 | 7.25 | 7.55 | 7.82 | 7.81 | 8.94 | 9.70 | 10.66 | 11.41 | 11.41 | 11.57 | 11.56 | 11.66 | 12.22 | 12.45 | 8.86 | 8.99 | 9.73 | -0.37 | 3.13 | 3.73 |
ROCE % |
9.57 | 6.90 | 7.76 | 7.71 | 6.49 | 7.86 | 5.61 | 5.46 | -47.56 | -46.79 | -44.70 | -46.87 | -41.05 | 15.56 | 17.21 | 15.43 | 20.83 | 18.82 | 18.54 | 13.93 | 20.31 | 19.34 | 20.39 | 15.68 | 20.67 | 19.15 | 19.55 | 20.26 | 18.56 | 17.50 | 16.53 | 10.96 | 13.20 | 10.74 | 9.20 | 5.33 | 6.37 | 5.11 | 5.33 | 3.06 | 5.74 | 0.98 | 1.04 | - | 2.67 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Current Ratio |
1.4 | 1.4 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.4 | 1.4 | 1.2 | 1.3 | 1.3 | 1.2 | - | 1.4 | 1.4 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 2.0 | 2.0 | 2.0 | 2.0 | 2.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
DSO |
48.9 | 53.7 | 52.5 | 50.5 | 52.7 | 66.1 | 78.4 | 83.2 | 79.9 | 56.2 | 60.3 | - | 29.1 | 29.2 | 57.9 | - | 50.9 | 50.1 | 51.1 | 48.8 | 52.2 | 57.1 | 57.0 | 54.0 | 57.6 | 58.0 | 62.3 | 58.0 | 57.8 | 55.1 | 58.0 | 55.9 | 57.3 | 59.5 | 62.5 | 58.3 | 60.3 | 59.7 | 65.7 | 60.7 | 63.5 | 63.8 | 68.6 | 61.6 | 78.9 | 61.6 | 67.8 | 61.5 | 71.6 | 72.4 | 70.6 | 59.0 | 63.6 | 62.0 | 65.2 | 60.5 | 63.5 | 63.1 | 64.0 | - | - | - | - | - |
DIO |
108.3 | 120.4 | 117.2 | 114.2 | 110.5 | 139.3 | 163.9 | 174.9 | 170.6 | 102.3 | 114.2 | - | 47.6 | 52.3 | 96.7 | - | 98.0 | 99.9 | 99.6 | - | 98.4 | 104.1 | 99.3 | - | 93.0 | 89.7 | 97.2 | 92.2 | 99.1 | 94.9 | 90.8 | - | 85.3 | 91.4 | 92.6 | - | 87.8 | 80.9 | 98.2 | - | 100.7 | 100.7 | 104.9 | - | 154.6 | 148.6 | 164.6 | - | 177.0 | 184.6 | 169.9 | - | 153.4 | 150.5 | 148.0 | - | 140.4 | 141.0 | 145.4 | 142.4 | 142.5 | 123.6 | 154.5 | - |
DPO |
50.2 | 51.4 | 47.1 | 49.1 | 46.7 | 57.3 | 70.8 | 76.8 | 73.5 | 44.5 | 48.9 | - | 22.0 | 25.1 | 47.8 | - | 48.0 | 49.6 | 52.3 | - | 53.6 | 56.6 | 53.9 | - | - | - | 29.2 | 27.6 | - | - | 26.7 | - | - | - | 25.2 | - | - | - | 23.2 | - | - | - | 22.3 | - | - | - | 25.7 | - | - | - | 20.7 | - | - | - | 21.7 | - | - | - | - | - | - | - | - | - |
Operating Cycle |
- | 174.1 | 169.7 | 164.7 | 163.2 | 205.4 | 242.3 | 258.1 | 250.5 | 158.5 | 174.4 | - | 76.7 | 81.5 | 154.6 | - | 148.9 | 149.9 | 150.8 | 48.8 | 150.6 | 161.1 | 156.3 | 54.0 | 150.7 | 147.7 | 159.5 | 150.2 | 156.9 | 150.0 | 148.8 | 55.9 | 142.7 | 150.9 | 155.1 | 58.3 | 148.1 | 140.6 | 163.9 | 60.7 | 164.2 | 164.5 | 173.5 | 61.6 | 233.5 | 210.2 | 232.3 | 61.5 | 248.6 | 257.0 | 240.5 | 59.0 | 217.1 | 212.4 | 213.3 | 60.5 | 203.8 | 204.1 | - | - | - | - | - | - |
Cash Conversion Cycle |
- | 122.7 | 122.6 | 115.6 | 116.5 | 148.2 | 171.5 | 181.2 | 177.0 | 114.0 | 125.5 | - | 54.7 | 56.4 | 106.8 | - | 100.9 | 100.3 | 98.4 | 48.8 | 97.0 | 104.5 | 102.5 | 54.0 | 150.7 | 147.7 | 130.2 | 122.6 | 156.9 | 150.0 | 122.1 | 55.9 | 142.7 | 150.9 | 129.9 | 58.3 | 148.1 | 140.6 | 140.7 | 60.7 | 164.2 | 164.5 | 151.2 | 61.6 | 233.5 | 210.2 | 206.6 | 61.5 | 248.6 | 257.0 | 219.9 | 59.0 | 217.1 | 212.4 | 191.6 | 60.5 | 203.8 | 204.1 | - | - | - | - | - | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Baxter International , allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.
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