Baxter International Inc (BAX)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	4,771,000	5,284,000	5,368,000	5,048,000	5,047,000	5,038,000	5,054,000	5,396,000	5,397,000	5,340,000	5,528,000	5,308,000	5,105,000	4,890,000	4,764,000	4,569,000	4,587,000	4,694,000	4,729,000	4,850,000
Revenue (ttm)	US$ in thousands	12,856,000	13,988,000	14,997,000	14,892,000	14,949,000	14,951,000	15,016,000	15,055,000	15,113,000	14,740,000	14,193,000	13,545,000	12,784,000	12,451,000	12,197,000	11,817,000	11,673,000	11,531,000	11,410,000	11,532,000
Gross profit margin		37.11%	37.78%	35.79%	33.90%	33.76%	33.70%	33.66%	35.84%	35.71%	36.23%	38.95%	39.19%	39.93%	39.27%	39.06%	38.66%	39.30%	40.71%	41.45%	42.06%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,771,000K ÷ $12,856,000K
= 37.11%

The gross profit margin of Baxter International Inc has experienced fluctuations over the analyzed time period. Starting at 42.06% in March 31, 2020, the margin decreased gradually to 33.76% by December 31, 2023. This downward trend may indicate challenges in maintaining cost-efficiency or pricing pressure on the company's products. However, there was a slight increase to 37.11% by December 31, 2024, suggesting a potential improvement in profitability. Further monitoring of the gross profit margin is advisable to assess the company's ability to generate profits from its core operations.