---
title: "Baxter (BAX.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/BAX.US/norm.md"
symbol: "BAX.US"
name: "Baxter"
parent: "https://longbridge.com/en/quote/BAX.US.md"
datetime: "2026-03-07T09:04:49.599Z"
locales:
  - [en](https://longbridge.com/en/quote/BAX.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/BAX.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/BAX.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/BAX.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/BAX.US/norm.md)


# Baxter (BAX.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -2.19 | -0.0903 | 0.1774 | 0.2461 | -1.00 |
| ROE | -61.93% | -2.80% | 6.78% | 3.65% | -26.31% |
| Revenue | 2.97B | 2.83B | 2.81B | 2.63B | 2.75B |
| Net income | -1.13B | -46.00M | 91.00M | 126.00M | -512.00M |
| Operating income | 219.00M | 287.00M | 434.00M | 256.00M | 270.00M |
| Gross margin | 32.28% | 36.01% | 40.71% | 37.64% | 40.79% |
| Net margin | -37.93% | -1.62% | 3.24% | 4.80% | -18.60% |
| Profit quality | 37.50% | 121.10% | 200.00% | -132.64% | 55.33% |

## Balance Sheet (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 20.05B | 21.07B | 21.05B | 21.30B | 25.78B |
| Leverage | 3.29 | 2.92 | 2.89 | 3.02 | 3.67 |
| BVPS | 11.92 | 14.09 | 14.26 | 13.80 | 13.63 |
| Turnover | 0.4906 | 0.4618 | 0.4598 | 0.4388 | 0.3935 |
| Cash & STI | 1.97B | 1.73B | 1.69B | 2.29B | 1.76B |
| Inv & Rec | 2.37B | 2.46B | 2.38B | 2.17B | 2.17B |
| LT assets | 3.19B | 3.08B | 3.09B | 3.02B | 3.18B |
| Net debt | 7.81B | 7.99B | 8.04B | 8.02B | 11.69B |

## Cash Flow Statement (USD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 584.00M | 237.00M | 217.00M | -193.00M | 488.00M |
| Investing CF | -198.00M | -111.00M | -115.00M | 3.27B | -205.00M |
| Financing CF | -147.00M | -81.00M | -762.00M | -3.23B | 141.00M |
| Free CF | 440.88M | 250.38M | 169.25M | 1.78B | 647.75M |
| OCF coverage | 26.41% | 119.70% | 23.93% | -5.79% | 23.14% |
| Repaid & issued | 2.00B | - | - | - | 2.13B |
| CapEx | -140.00M | -111.00M | -140.00M | -122.00M | -132.00M |

## Distribution Plan

**Dividend Yield**: 2.04

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.01USD | 2026-02-27 | 2026-02-27 | 2026-04-01 |
| Cash Dividend: 
0.01USD | 2025-11-28 | 2025-11-28 | 2026-01-02 |
| Cash Dividend: 
0.17USD | 2025-08-29 | 2025-08-29 | 2025-10-01 |