Baxter International revenue and financials
$24.36Change from previous close: +0.58%Absolute change: +$0.14
In the fiscal year ended December 2025, Baxter International reported revenue of $11.24B (+5.72% year over year). The net loss was $957M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.72%
- 2025 vs 2024
- Net margin
- -8.5%
- 2024: -6.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | FY to Jun 2019 | FY to Mar 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 20,055 | 25,782 | 28,276 | 28,287 | 33,521 | 20,019 | 18,193 | 17,503 | 16,241 | 15,641 |
| Current assets | 6,872 | 8,853 | 9,600 | 8,011 | 8,872 | 8,411 | 7,503 | 7,229 | 6,060 | 5,919 |
| Cash and equivalents | 1,966 | 1,764 | 3,194 | 1,621 | 2,951 | 3,730 | 3,335 | 2,934 | 1,902 | 1,832 |
| Receivables | 1,932 | 1,730 | 1,772 | 2,623 | 2,713 | — | — | — | — | — |
| Inventory | 2,372 | 2,169 | 2,059 | 2,679 | 2,453 | — | — | — | — | — |
| Net property, plant and equipment | 3,186 | 3,176 | 3,207 | 5,236 | 5,808 | — | — | — | — | — |
| Goodwill | 4,929 | 5,275 | 6,514 | 6,843 | 9,836 | 3,217 | 3,030 | 2,937 | 2,929 | 2,958 |
| Other intangible assets | 4,369 | 5,223 | 5,918 | 6,793 | 7,792 | — | — | — | — | — |
| Long-term investments | 103 | 109 | 136 | 247 | 195 | — | — | — | — | — |
| Current liabilities | 2,970 | 6,511 | 6,503 | 4,745 | 4,236 | 3,333 | 3,230 | 2,557 | 3,276 | 2,836 |
| Accounts payable | 999 | 968 | 881 | 1,110 | 1,246 | — | — | — | — | — |
| Long-term debt | 9,438 | 13,180 | 13,855 | 16,702 | 17,754 | 6,233 | 5,124 | 5,157 | 3,451 | 3,483 |
| Total debt | 9,780 | 13,449 | 14,113 | 17,203 | — | — | — | — | — | — |
| Total liabilities | 13,953 | 18,758 | 19,808 | 22,392 | 24,400 | 11,293 | 10,281 | 9,700 | 8,648 | 7,825 |
| Total equity (incl. minority) | 6,102 | 7,024 | 8,468 | 5,895 | 9,121 | — | — | — | — | — |
| Retained earnings | 13,705 | 14,929 | 16,114 | 14,050 | 17,065 | — | — | — | — | — |
| Minority interest | -27.0 | 60.0 | 66.0 | 62.0 | 44.0 | — | — | — | — | — |