Baxter International Inc (BAX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -312,000 | 2,656,000 | -2,421,000 | 1,284,000 | 1,102,000 |
| Revenue | US$ in thousands | 4,513,000 | 14,813,000 | 15,113,000 | 12,784,000 | 11,673,000 |
| Net profit margin | -6.91% | 17.93% | -16.02% | 10.04% | 9.44% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-312,000K ÷ $4,513,000K
= -6.91%
Based on the data provided, Baxter International Inc's net profit margin has exhibited fluctuations over the past five years. In 2020, the net profit margin was reported at 9.44%, showing a moderate level of profitability. The margin improved in 2021 to 10.04%, indicating a positive trend in the company's ability to generate profits relative to its revenue.
However, there was a significant decline in 2022, with the net profit margin dropping to -16.02%. This negative margin suggests that the company's expenses outweighed its revenue during that period, resulting in a net loss.
The following year, in 2023, Baxter International Inc's net profit margin surged to 17.93%, signaling a strong rebound and a marked improvement in profitability. This sharp increase could indicate effective cost management or increased revenue generation.
In 2024, the net profit margin decreased to -6.91%, turning negative once again. This negative margin implies that the company incurred a net loss relative to its revenue, potentially due to various factors such as increased expenses or declining sales.
In conclusion, Baxter International Inc's net profit margin has displayed volatility over the past five years, with fluctuations between positive and negative figures. It is essential for stakeholders to closely monitor the company's financial performance and explore the underlying reasons for these fluctuations to assess its sustainability and make informed decisions.
Peer comparison
Dec 31, 2024