State Ledger
Company profile

BAXTER INTERNATIONAL INC CIK 10456

Ticker
BAX (NYSE)
Industry
Surgical & Medical Instruments & Apparatus
Headquarters
Deerfield, IL 60015
Fiscal year end
2025 (FY)
Market Data
Close
$24.78
Change
+$0.43
Change %
1.75%
Volume
356,080

BAX · trading date Oct 12, 2026 · previous close $24.36 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$11.24B
Net income
-$957.00M
Total assets
$20.06B
Total liabilities
$13.95B
Stockholders' equity
$6.13B
Cash & equivalents
$1.97B
Operating income
-$308.00M
Operating cash flow
$845.00M
Capital expenditures
$513.00M

Fiscal year 2025, via 10-K filed 2026-02-12. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-2.7%
Net margin
-8.5%
Free cash flow
$332.00M
Free cash flow margin
3.0%
Liabilities / assets
69.6%
Equity / assets
30.6%
CapEx / revenue
4.6%
Operating cash flow / net income
-0.88×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $11.24B -$957.00M $20.06B $13.95B $6.13B
2024 $10.64B -$649.00M $25.78B $18.76B $6.96B
2023 $10.36B $2.66B $28.28B $19.81B $8.40B
2022 $10.06B -$2.43B $28.29B $22.39B $5.83B
2021 $12.15B $1.28B $33.52B $24.40B $9.08B
Company Details
SIC code
3841
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 3
2026-09-18
Financials filed via
Form 10-K
filed 2026-02-12

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Deerfield, IL 60015
ONE BAXTER PARKWAY
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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