How many employees does Baxter International (BAX) have?

Baxter International reported 37,500 full-time equivalent employees in its most recent annual filing (fiscal year 2025).

How has Baxter International's headcount changed year over year?

Baxter International's reported headcount shrank by -1.3% versus the prior fiscal year.

What is Baxter International's employee growth rate?

Between fiscal years 1993 and 2025, Baxter International's headcount changed at a compound annual growth rate (CAGR) of -1.5% per year.

How much revenue does Baxter International generate per employee?

In its most recent annual period, Baxter International generated roughly $299.8K of revenue per employee. This is derived by dividing annual revenue by reported headcount and is shown only for companies that report in US dollars.

Where does Baxter International's employee count data come from?

Headcount figures are taken from Baxter International's annual reports (10-K, or 20-F/40-F for foreign filers) and periodic company filings. Annual filings drive the snapshot, chart, year-over-year change, and CAGR; interim filings are listed in the full history table.

Baxter International (BAX) Employee Count & Headcount History

Latest headcount

37,500

Fiscal year 2025

YoY change

-1.3%

vs. prior fiscal year

Headcount CAGR

-1.5%

Per year, full history

Revenue / employee

$299.8K

Latest annual period

Employee count history for Baxter International

Baxter International employee count by fiscal year
Fiscal year	Employees
1993	60,400
1994	53,500
1995	56,580
1996	37,000
1997	41,000
1998	42,000
2000	43,000
2001	48,000
2002	54,600
2003	51,300
2004	48,000
2005	47,000
2006	48,000
2007	46,000
2008	48,500
2009	49,700
2010	48,000
2011	48,500
2012	51,000
2013	61,000
2014	66,000
2015	50,000
2016	48,000
2017	47,000
2018	50,000
2019	50,000
2020	50,000
2021	60,000
2022	60,000
2023	60,000
2024	38,000
2025	37,500

Revenue per employee for Baxter International

Annual revenue divided by reported headcount, normalized to US dollars.

Baxter International revenue per employee by fiscal year (USD)
Fiscal year	Revenue per employee (USD)
1993	$147K
1994	$174.3K
1995	$89.2K
1996	$147K
1997	$128.3K
1998	$135.9K
2000	$155.7K
2001	$153.3K
2002	$148.3K
2003	$173.6K
2004	$198.1K
2005	$209.6K
2006	$216.2K
2007	$244.8K
2008	$254.6K
2009	$252.8K
2010	$267.6K
2011	$286.5K
2012	$273.3K
2013	$154.3K
2014	$162.4K
2015	$199.4K
2016	$211.7K
2017	$225.2K
2018	$222K
2019	$227.2K
2020	$233.5K
2021	$202.4K
2022	$167.6K
2023	$172.7K
2024	$279.9K
2025	$299.8K

Earnings per employee for Baxter International

Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.

Baxter International earnings (net income) per employee by fiscal year (USD)
Fiscal year	Earnings per employee (USD)
1993	-$3.3K
1994	$11.1K
1995	$11.5K
1996	$18.1K
1997	$7.3K
1998	$7.5K
2000	$17.2K
2001	$12.8K
2002	$14.1K
2003	$16.9K
2004	$8.1K
2005	$20.3K
2006	$29.1K
2007	$37.1K
2008	$41.5K
2009	$44.4K
2010	$29.6K
2011	$45.9K
2012	$45.6K
2013	$33K
2014	$37.8K
2015	$19.4K
2016	$103.4K
2017	$12.8K
2018	$30.9K
2019	$20K
2020	$22K
2021	$21.4K
2022	-$40.6K
2023	$44.3K
2024	-$17.1K
2025	-$25.5K

Employee count history for Baxter International (BAX)

Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.

Baxter International (BAX) employee count filing history
						Filing
2025	37,500	-1.3%	-500	$299.8K	-$25.5K	10-K	Dec 31, 2025	Feb 12, 2026
2024	38,000	-36.7%	-22,000	$279.9K	-$17.1K	10-K	Dec 31, 2024	Feb 21, 2025
2023	60,000	0.0%	0	$172.7K	$44.3K	10-K	Dec 31, 2023	Feb 8, 2024
2022	60,000	0.0%	0	$167.6K	-$40.6K	10-K	Dec 31, 2022	Feb 9, 2023
2021	60,000	+20.0%	+10,000	$202.4K	$21.4K	10-K	Dec 31, 2021	Feb 23, 2022
2020	50,000	0.0%	0	$233.5K	$22K	10-K	Dec 31, 2020	Feb 11, 2021
2019	50,000	0.0%	0	$227.2K	$20K	10-K	Dec 31, 2019	Mar 17, 2020
2018	50,000	+6.4%	+3,000	$222K	$30.9K	10-K	Dec 31, 2018	Feb 21, 2019
2017	47,000	-2.1%	-1,000	$225.2K	$12.8K	10-K	Dec 31, 2017	Feb 23, 2018
2016	48,000	-4.0%	-2,000	$211.7K	$103.4K	10-K	Dec 31, 2016	Feb 23, 2017
2015	50,000	-24.2%	-16,000	$199.4K	$19.4K	10-K	Dec 31, 2015	Feb 26, 2016
2014	66,000	+8.2%	+5,000	$162.4K	$37.8K	10-K	Dec 31, 2014	Feb 26, 2015
2013	61,000	+19.6%	+10,000	$154.3K	$33K	10-K	Dec 31, 2013	Feb 21, 2014
2012	51,000	+5.2%	+2,500	$273.3K	$45.6K	10-K	Dec 31, 2012	Feb 21, 2013
2011	48,500	+1.0%	+500	$286.5K	$45.9K	10-K	Dec 31, 2011	Feb 23, 2012
2010	48,000	-3.4%	-1,700	$267.6K	$29.6K	10-K	Dec 31, 2010	Feb 23, 2011
2009	49,700	+2.5%	+1,200	$252.8K	$44.4K	10-K	Dec 31, 2009	Feb 23, 2010
2008	48,500	+5.4%	+2,500	$254.6K	$41.5K	10-K	Dec 31, 2008	Feb 19, 2009
2007	46,000	-4.2%	-2,000	$244.8K	$37.1K	10-K	Dec 31, 2007	Feb 26, 2008
2006	48,000	+2.1%	+1,000	$216.2K	$29.1K	10-K	Dec 31, 2006	Feb 28, 2007
2005	47,000	-2.1%	-1,000	$209.6K	$20.3K	10-K	Dec 31, 2005	Mar 7, 2006
2004	48,000	-6.4%	-3,300	$198.1K	$8.1K	10-K	Dec 31, 2004	Mar 16, 2005
2003	51,300	-6.0%	-3,300	$173.6K	$16.9K	10-K	Dec 31, 2003	Mar 12, 2004
2002	54,600	+13.8%	+6,600	$148.3K	$14.1K	10-K	Dec 31, 2002	Mar 12, 2003
2001	48,000	+11.6%	+5,000	$153.3K	$12.8K	10-K	Dec 31, 2001	Mar 13, 2002
2000	43,000	—	—	$155.7K	$17.2K	10-K	Dec 31, 2000	Mar 14, 2001
1999	45,000	—	—	—	—	10-K405	Dec 31, 1999	Mar 23, 2000
1998	42,000	+2.4%	+1,000	$135.9K	$7.5K	10-K	Dec 31, 1998	Mar 19, 1999
1997	41,000	+10.8%	+4,000	$128.3K	$7.3K	10-K	Dec 31, 1997	Mar 20, 1998
1996	37,000	-34.6%	-19,580	$147K	$18.1K	10-K	Dec 31, 1996	Mar 19, 1997
1995	56,580	+5.8%	+3,080	$89.2K	$11.5K	10-K	Dec 31, 1995	Mar 22, 1996
1994	53,500	-11.4%	-6,900	$174.3K	$11.1K	10-K	Dec 31, 1994	Mar 24, 1995
1993	60,400	—	—	$147K	-$3.3K	10-K	Dec 31, 1993	Mar 21, 1994

202537,500-1.3%
202438,000-36.7%
202360,0000.0%
202260,0000.0%
202160,000+20.0%
202050,0000.0%
201950,0000.0%
201850,000+6.4%
201747,000-2.1%
201648,000-4.0%
201550,000-24.2%
201466,000+8.2%
201361,000+19.6%
201251,000+5.2%
201148,500+1.0%
201048,000-3.4%
200949,700+2.5%
200848,500+5.4%
200746,000-4.2%
200648,000+2.1%
200547,000-2.1%
200448,000-6.4%
200351,300-6.0%
200254,600+13.8%
200148,000+11.6%
200043,000—
199945,000—
199842,000+2.4%
199741,000+10.8%
199637,000-34.6%
199556,580+5.8%
199453,500-11.4%
199360,400—

About Baxter International's employee count

Baxter International (BAX) employed 37,500 people in fiscal year 2025, based on its most recent annual report. That headcount shrank by -500 (-1.3%) from 38,000 a year earlier.

Across the 1993–2025 period, the company's reported workforce went from 60,400 to 37,500 employees — a compound annual growth rate (CAGR) of -1.5% per year.

Baxter International generated about $299.8K of revenue and -$25.5K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.

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