Baxter International Inc (BAX)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -45,000 | 845,000 | 640,000 | 742,000 | 577,000 | 467,000 | -2,631,000 | -2,192,000 | -2,014,000 | -1,762,000 | 1,951,000 | 2,028,000 | 2,087,000 | 1,983,000 | 1,916,000 | 1,834,000 | 1,860,000 | 1,160,000 | 1,106,000 | 1,079,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,964,000 | 7,872,000 | 7,643,000 | 8,173,000 | 8,402,000 | 8,101,000 | 5,569,000 | 5,879,000 | 5,833,000 | 5,535,000 | 8,859,000 | 9,075,000 | 9,077,000 | 8,770,000 | 8,494,000 | 8,452,000 | 8,689,000 | 8,567,000 | 8,128,000 | 7,699,000 |
| Return on total capital | -0.65% | 10.73% | 8.37% | 9.08% | 6.87% | 5.76% | -47.24% | -37.29% | -34.53% | -31.83% | 22.02% | 22.35% | 22.99% | 22.61% | 22.56% | 21.70% | 21.41% | 13.54% | 13.61% | 14.01% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-45,000K ÷ ($—K + $6,964,000K)
= -0.65%
Based on the data provided for Baxter International Inc's return on total capital, we can observe fluctuations in the performance of the company over the analyzed periods.
The return on total capital ranged from positive double-digit percentages, reaching a peak of 22.99% in December 31, 2021, to negative percentages, with the lowest point being -47.24% in June 30, 2023.
Overall, the return on total capital exhibited volatility, with a mix of positive and negative returns throughout the periods. It is important for stakeholders to closely monitor these fluctuations to assess the company's ability to generate returns on its invested capital efficiently.
Peer comparison
Dec 31, 2024