Baxter International Inc (BAX)

Operating 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
Operating income (ttm)	US$ in thousands	-140,000	624,000	418,000	593,000	129,000	-166,000	-184,000	173,000	468,000	817,000	1,399,000	1,483,000	1,710,000	1,733,000	1,690,000	1,597,000	1,616,000	1,746,000	1,735,000	1,759,000
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
Operating profit margin		-1.09%	4.46%	2.79%	3.98%	0.86%	-1.11%	-1.23%	1.15%	3.10%	5.54%	9.86%	10.95%	13.38%	13.92%	13.86%	13.51%	13.84%	15.14%	15.21%	15.25%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-140,000K ÷ $12,856,000K
= -1.09%

Baxter International Inc's operating profit margin has displayed fluctuations over the analyzed period. Initially, from March 31, 2020, to June 30, 2021, the operating profit margin remained relatively stable, ranging from 15.25% to 13.86%. However, starting from September 30, 2021, there was a downward trend observed in the operating profit margin, with a gradual decline to 0.86% by December 31, 2023.

The performance further improved in the subsequent periods, with the operating profit margin showing signs of recovery, reaching 4.46% by September 30, 2024. However, this positive momentum was not sustained as the margin declined to -1.09% by December 31, 2024. The varying trend indicates potential challenges faced by the company in managing its operating expenses and generating sufficient profits from its core operations.

Overall, Baxter International Inc's operating profit margin highlights the importance of closely monitoring operational efficiency and cost management strategies to support sustainable profitability in the future.