TTM
−$300.00M
YoY change
-2300.0%
5Y CAGR
—
Peak year (2011)
$2.95B
Cumulative operating income
$44.07B
Operating Income history chart for Baxter International (BAX) from 1985 to 2025
Latest: −$308.00M
Operating Income growth chart for Baxter International (BAX) from 1985 to 2025
Latest: -2300.0%
Operating Income history table for Baxter International (BAX) from 1985 to 2025
| 2025 | −$308.00M | -2300.0% | −$322.00M | ||
| 2024 | $14.00M | -98.0% | −$693.00M | ||
| 2023 | $707.00M | -124.9% | +$3.55B | ||
| 2022 | −$2.85B | -310.7% | −$4.20B | ||
| 2021 | $1.35B | -16.5% | −$266.00M | ||
| 2020 | $1.62B | -8.8% | −$156.00M | ||
| 2019 | $1.77B | +11.9% | +$188.00M | ||
| 2018 | $1.58B | +23.0% | +$296.00M | ||
| 2017 | $1.29B | +72.9% | +$543.00M | ||
| 2016 | $745.00M | +65.9% | +$296.00M | ||
| 2015 | $449.00M | -31.6% | −$207.00M | ||
| 2014 | $656.00M | +32.3% | +$160.00M | ||
| 2013 | $496.00M | -82.4% | −$2.33B | ||
| 2012 | $2.82B | -4.2% | −$125.00M | ||
| 2011 | $2.95B | +37.9% | +$810.00M | ||
| 2010 | $2.14B | -25.8% | −$741.00M | ||
| 2009 | $2.88B | +12.2% | +$313.00M | ||
| 2008 | $2.56B | +18.3% | +$396.00M | ||
| 2007 | $2.17B | +17.8% | +$327.00M | ||
| 2006 | $1.84B | +12.3% | +$202.00M | ||
| 2005 | $1.64B | +83.1% | +$744.00M | ||
| 2004 | $895.00M | -28.9% | −$363.00M | ||
| 2003 | $1.26B | -17.7% | −$271.00M | ||
| 2002 | $1.53B | +25.0% | +$306.00M | ||
| 2001 | $1.22B | +18.3% | +$189.00M | ||
| 2000 | $1.03B | -10.1% | −$116.00M | ||
| 1999 | $1.15B | +13.3% | +$135.00M | ||
| 1998 | $1.01B | +14.4% | +$128.00M | ||
| 1997 | $887.00M | -2.6% | −$24.00M | ||
| 1996 | $911.00M | +11.9% | +$97.00M | ||
| 1995 | $814.00M | -20.4% | −$209.00M | ||
| 1994 | $1.02B | +328.0% | +$784.00M | ||
| 1993 | $239.00M | -77.1% | −$806.00M | ||
| 1992 | $1.04B | -4.0% | −$43.00M | ||
| 1991 | $1.09B | +200.6% | +$726.00M | ||
| 1990 | $362.00M | -56.6% | −$472.00M | ||
| 1989 | $834.00M | +11.9% | +$89.00M | ||
| 1988 | $745.00M | +7.7% | +$53.00M | ||
| 1987 | $692.00M | +43.3% | +$209.00M | ||
| 1986 | $483.00M | +82.3% | +$218.00M | ||
| 1985 | $265.00M | — | — |
- 2025−$308.00M-2300.0%
- 2024$14.00M-98.0%
- 2023$707.00M-124.9%
- 2022−$2.85B-310.7%
- 2021$1.35B-16.5%
- 2020$1.62B-8.8%
- 2019$1.77B+11.9%
- 2018$1.58B+23.0%
- 2017$1.29B+72.9%
- 2016$745.00M+65.9%
- 2015$449.00M-31.6%
- 2014$656.00M+32.3%
- 2013$496.00M-82.4%
- 2012$2.82B-4.2%
- 2011$2.95B+37.9%
- 2010$2.14B-25.8%
- 2009$2.88B+12.2%
- 2008$2.56B+18.3%
- 2007$2.17B+17.8%
- 2006$1.84B+12.3%
- 2005$1.64B+83.1%
- 2004$895.00M-28.9%
- 2003$1.26B-17.7%
- 2002$1.53B+25.0%
- 2001$1.22B+18.3%
- 2000$1.03B-10.1%
- 1999$1.15B+13.3%
- 1998$1.01B+14.4%
- 1997$887.00M-2.6%
- 1996$911.00M+11.9%
- 1995$814.00M-20.4%
- 1994$1.02B+328.0%
- 1993$239.00M-77.1%
- 1992$1.04B-4.0%
- 1991$1.09B+200.6%
- 1990$362.00M-56.6%
- 1989$834.00M+11.9%
- 1988$745.00M+7.7%
- 1987$692.00M+43.3%
- 1986$483.00M+82.3%
- 1985$265.00M—
Operating Income 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 Operating Income at Baxter International (BAX)
According to Baxter International's latest reported financial statements, the company's current operating income (TTM) is −$300.00M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Baxter International (BAX) most recent annual operating income stands at −$308.00M (2025) – plunged 2300.0% year-over-year.
Baxter International operating income plunged from $2.95B in 2011 to −$308.00M in 2025, a 110.5% drawdown.
The highest annual operating income of $2.95B was reported in 2011. The lowest in the available history was −$2.85B in 2022.
Baxter International Operating Income by Year
Baxter International Operating Income 2025: −$308.00M
Baxter International operating income in 2025 was −$308.00M, plunged 2300.0% below 2024.
Baxter International Operating Income 2024: $14.00M
2024's operating income for Baxter International came in at $14.00M, plunged 98.0% below 2023.
Baxter International Operating Income 2023: $707.00M
Baxter International posted operating income of $707.00M in 2023, plunged 124.9% below 2022.
Baxter International Operating Income 2022: −$2.85B
In 2022, Baxter International reported operating income of −$2.85B, plunged 310.7% below 2021. This figure represents the lowest annual value in the available history.
Baxter International Operating Income 2021: $1.35B
Baxter International operating income in 2021 was $1.35B.
See more financial history for Baxter International (BAX).
Sector peers by Operating Income
Healthcare peers of Baxter International (BAX), ranked by their latest operating income
| $29.70B | |
| $25.60B | |
| $23.49B | |
| $20.09B | |
| $19.90B | |
| $18.96B | |
| $13.74B | |
| $10.68B |
- $29.70B
- $25.60B
- $23.49B
- $20.09B
- $19.90B
- $18.96B
- $13.74B
- $10.68B
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