Baxter International

Baxter International (BAX) Stock Price, Fundamentals & Analysis

StockUSS&P 500Health Care

Price

23.49 USD

-0.8%

Price history

Over the past year BAX traded between 15.8 USD and 28.35 USD, closing at 23.49 USD on Sep 24, 2026.

Key statistics

Market cap12.14B USD
Forward P/E11.5
EPS (TTM)-1.94 USD
Dividend yield0.17%
Annual dividend0.04 USD
Ex-dividend dateAug 28, 2026
Payout ratio308%
52-week range15.73 – 30
52-week change5%
Beta0.6
Price / book1.96
Revenue (TTM)11.47B USD
Revenue growth (YoY)5.3%
Gross margin34.1%
Operating margin14.4%
Profit margin-9.3%
Return on equity-14.4%
Debt / equity156.4
Volume9,441,358
Average volume6,512,358
Next earningsOct 29, 2026
ExchangeNYSE

Profile

Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
37,500
Headquarters
Deerfield, United States
Website
baxter.com

Baxter International Inc., through its subsidiaries, provides a portfolio of healthcare products in the United States. The company operates through three segments: Medical Products & Therapies, Healthcare Systems & Technologies, and Pharmaceuticals. It offers sterile intravenous (IV) solutions; infusion systems and devices; parenteral nutrition therapies; inhaled anesthetics; generic injectable pharmaceuticals; surgical hemostat and sealant products; advanced surgical equipment; smart bed systems; patient monitoring and diagnostic technologies; and respiratory health devices, as well as advanced equipment for the surgical space comprising operating room integration technologies, precision positioning devices, and other accessories. The company also provides specialty injectable pharmaceuticals, inhaled anesthetics, and drug compounding services. Its products are used in hospitals, nursing homes, rehabilitation centers, ambulatory surgery centers, doctors' offices, kidney dialysis centers, and patients at home under physician supervision.

Overview

What BAX does

Baxter International (BAX) is a US healthcare stock operating in the Medical Instruments & Supplies industry. Headquartered in Deerfield, United States, the company serves hospitals, nursing homes, dialysis centers, and patients at home through three segments: Medical Products & Therapies, Healthcare Systems & Technologies, and Pharmaceuticals. Its portfolio includes sterile intravenous solutions, infusion systems, parenteral nutrition therapies, inhaled anesthetics, surgical sealants, advanced operating-room equipment, smart bed systems, patient monitoring and diagnostic technologies, and respiratory health devices.

Key numbers explained

  • 23.49 USD is the current share price, reflecting what investors pay for one share today.
  • The forward P/E ratio of 11.5 divides the share price by expected future earnings; a lower figure often suggests the stock is priced more conservatively relative to earnings expectations.
  • Dividend yield of 0.17% shows the annual dividend as a percentage of the share price; it is a measure of cash income relative to the stock's cost.
  • Ex-dividend date of 28 aug. 2026 is the cutoff date: buyers on or after this date do not receive the next dividend payment.
  • 308% of earnings paid out as dividends means the company distributes more than its net income to shareholders, often drawing on cash reserves or borrowing.
  • Beta of 0.6 indicates the stock tends to move less than the overall market; a beta below 1 suggests lower volatility.
  • Market cap of 12.14 mld. USD is the total value of all outstanding shares and is used to classify the company's size.
  • Revenue growth of 5.3% year over year shows how the company's top line has changed over the trailing twelve months.
  • Debt-to-equity ratio of 156.4% compares total debt to shareholders' equity, indicating the company relies more on debt than on equity financing.

Recent news

Recent headlines note that Baxter International (BAX) is being compared to broader market movements, including questions about whether it is underperforming the S&P 500. Other stories highlight strong Q2 growth that led the company to raise its 2026 outlook, even as margin pressure continues, and there is ongoing industry coverage of the drug reconstitution systems market in which Baxter competes alongside peers such as ICU Medical and [B. Braun](/stocks/us/b Braun).

What to watch

Investors tracking Baxter International (BAX) often monitor healthcare spending trends, regulatory changes affecting medical devices and pharmaceuticals, and competitive dynamics within the Medical Instruments & Supplies sector. Because the company is part of the S&P 500, broader index movements and interest-rate shifts can also influence its valuation. For context on peers, investors may compare it with companies like Abbott Laboratories (ABT), Edwards Lifesciences (EW), and Amgen (AMGN).

Latest news & filings

Frequently asked questions

Does BAX pay a dividend?

Yes. Baxter International (BAX) has a dividend yield of 0.17%, with an ex-dividend date of 28 aug. 2026. The company pays out 308% of its trailing earnings as dividends.

What is the BAX P/E ratio?

The forward P/E ratio is 11.5, based on expected earnings. The trailing 12-month earnings per share is -1.94 USD.

Where can I buy BAX?

BAX trades on the US market as a stock. You can buy it through any brokerage account that offers access to US-listed equities.

How big is Baxter International?

With a market cap of 12.14 mld. USD and 37,500 employees, Baxter International is a large-cap healthcare company headquartered in Deerfield, United States.

What does the beta of 0.6 mean for BAX?

A beta of 0.6 suggests the stock historically moves about 40% less than the overall market, indicating lower volatility relative to the broader market.

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Data as of Sep 23, 2026. Sources: Yahoo Finance, Bucharest Stock Exchange.

For information and education only — not investment advice. Prices may be delayed. The overview is generated with AI from the data shown on this page.