Baxter International Inc (BAX)

Net profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 2,656,000 2,592,000 -2,853,000 -2,460,000 -2,433,000 -2,376,000 1,011,000 1,057,000 1,284,000 1,214,000 1,120,000 1,068,000 1,102,000 911,000 924,000 991,000 1,001,000 1,329,000 1,478,000 1,506,000
Revenue (ttm) US$ in thousands 14,920,000 14,899,000 14,958,000 15,052,000 15,164,000 14,775,000 14,223,000 13,534,000 12,731,000 12,327,000 12,064,000 11,659,000 11,491,000 11,459,000 11,330,000 11,475,000 11,340,000 11,142,000 11,110,000 11,118,000
Net profit margin 17.80% 17.40% -19.07% -16.34% -16.04% -16.08% 7.11% 7.81% 10.09% 9.85% 9.28% 9.16% 9.59% 7.95% 8.16% 8.64% 8.83% 11.93% 13.30% 13.55%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,656,000K ÷ $14,920,000K
= 17.80%

The net profit margin of Baxter International Inc. has shown variability over the past eight quarters. In Q4 2023, the net profit margin stood at 17.93%, reflecting a healthy profitability level. This was slightly higher than the previous quarter's margin of 17.34% in Q3 2023. However, in Q2 2023 and Q1 2023, the company reported negative net profit margins of -19.00% and -16.34%, respectively. This suggests that the company incurred losses during these periods.

Looking further back, in Q4 2022, the net profit margin was at -16.10%, which was in line with the negative trend observed in the first two quarters of 2023. However, there was a significant improvement in profitability in Q2 2022 and Q1 2022, with net profit margins of 7.12% and 7.80%, respectively.

The fluctuation in Baxter International Inc.'s net profit margin indicates varying levels of efficiency in managing operational costs and generating profits. It is essential for the company to focus on improving profitability in quarters where margins are negative and sustaining or increasing margins in periods of positive performance to ensure long-term financial stability.


Peer comparison

Dec 31, 2023


See also:

Baxter International Inc Net Profit Margin (Quarterly Data)