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EBITDA Margin for Baxter International (BAX)

As of · Reported

Metric

TTM

6.6%

YoY change

−3.68pp

Trough year (2022)

-17.5%

Peak year (2016)

57.5%

EBITDA Margin history chart for Baxter International (BAX) from 1985 to 2025

Latest: 6.8%

EBITDA Margin change chart for Baxter International (BAX) from 1985 to 2025

Latest: −3.68pp

EBITDA Margin history table for Baxter International (BAX) from 1985 to 2025

  • 20256.8%-3.68pp
  • 202410.5%-6.24pp
  • 202316.7%+34.27pp
  • 2022-17.5%-35.56pp
  • 202118.0%-1.40pp
  • 202019.4%+2.97pp
  • 201916.5%-5.89pp
  • 201822.4%+4.07pp
  • 201718.3%-39.21pp
  • 201657.5%+44.12pp
  • 201513.4%-0.15pp
  • 201413.5%+1.14pp
  • 201312.4%-13.91pp
  • 201226.3%+0.58pp
  • 201125.7%+4.76pp
  • 201020.9%-6.83pp
  • 200927.8%+1.53pp
  • 200826.2%+1.22pp
  • 200725.0%+1.75pp
  • 200623.3%+1.86pp
  • 200521.4%-0.02pp
  • 200421.4%-2.59pp
  • 200324.0%-2.60pp
  • 200226.6%+0.40pp
  • 200126.2%+0.64pp
  • 200025.6%+1.74pp
  • 199923.9%+0.04pp
  • 199823.8%+0.90pp
  • 199722.9%-0.24pp
  • 199623.2%+0.37pp
  • 199522.8%+6.19pp
  • 199416.6%+8.34pp
  • 19938.3%-9.36pp
  • 199217.6%+0.63pp
  • 199117.0%+7.78pp
  • 19909.2%-7.05pp
  • 198916.2%+0.50pp
  • 198815.7%-0.42pp
  • 198716.2%+2.31pp
  • 198613.9%-3.09pp
  • 198516.9%—

EBITDA Margin values are taken from Baxter International's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Baxter International (BAX)

According to Baxter International's latest reported financial statements, the company's latest reported EBITDA margin is 6.6%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Baxter International (BAX) reported EBITDA margin of 6.81% – contracted 3.7 percentage points year-over-year.

2016 marks the peak EBITDA margin at 57.49%, with the historical low of -17.53% recorded in 2022.

Baxter International EBITDA Margin by Year

Baxter International EBITDA Margin 2025: 6.8%

In 2025, Baxter International reported EBITDA margin of 6.81%, contracted 3.7 percentage points from 2024.

Baxter International EBITDA Margin 2024: 10.5%

Baxter International EBITDA margin in 2024 was 10.49%, contracted 6.2 percentage points from 2023.

Baxter International EBITDA Margin 2023: 16.7%

2023's EBITDA margin for Baxter International came in at 16.74%, expanded 34.3 percentage points from 2022.

Baxter International EBITDA Margin 2022: -17.5%

Baxter International posted EBITDA margin of -17.53% in 2022, contracted 35.6 percentage points from 2021. This figure represents the lowest annual value in the available history.

Baxter International EBITDA Margin 2021: 18.0%

Baxter International EBITDA margin in 2021 was 18.03%.

See more financial history for Baxter International (BAX).

Sector peers by EBITDA Margin

Healthcare peers of Baxter International (BAX), ranked by their latest EBITDA margin

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