Baxter International Inc. (BAX) vs Viatris Inc. (VTRS)
A side-by-side comparison of Baxter International Inc. and Viatris Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
BAX
Baxter International Inc.
$26.64HealthcareDelayed quote: Aug 19, 2026, 4:00 PM EDT
VTRS
Viatris Inc.
$16.25HealthcareAt close: Aug 19, 2026, 4:00 PM ET
Total return — BAX vs VTRS
growth of $100 · dividends reinvested · last 10yBAX -34.0% (-4.1%/yr)VTRS -53.1% (-7.3%/yr)BAX compounded faster over this window
BAX VTRS
BAX vs VTRS: by the numbers
- •VTRS is the larger company ($18.92B vs $13.77B market cap).
- •Both run net losses; VTRS's is the smaller (-2.79% vs -9.27% net margin).
- •VTRS grew revenue faster over the past five years (3.66% vs -1.22% CAGR).
- •VTRS pays the higher dividend yield (2.95% vs 0.75%).
Metrics side by side
Valuation
| Metric | BAX | VTRS |
|---|---|---|
| Forward P/E | 13.21 | 6.64 |
| P/S ratio | 1.20 | 1.28 |
| P/B ratio | 2.22 | 1.33 |
| EV / EBITDA | 31.39 | 11.98 |
| FCF yield | 4.91% | 9.91% |
Profitability
| Metric | BAX | VTRS |
|---|---|---|
| Gross margin | 30.08% | 34.83% |
| Operating margin | -2.39% | -18.62% |
| Net margin | -9.27% | -2.79% |
| ROE | -17.13% | -2.88% |
| ROIC | -1.61% | -0.29% |
Dividends
| Metric | BAX | VTRS |
|---|---|---|
| Dividend yield | 0.75% | 2.95% |
Growth (annualized)
| Metric | BAX | VTRS |
|---|---|---|
| Revenue CAGR (5Y) | -1.22% | 3.66% |
| EPS CAGR (5Y) | N/A | -41.91% |
| FCF CAGR (5Y) | -12.92% | 2.30% |
| Total return CAGR (5Y) | -17.04% | 6.36% |
Frequently asked
- Which has grown faster, BAX or VTRS?
- Over the past five years, VTRS grew revenue faster — BAX at a -1.22% CAGR versus VTRS at 3.66%.
- Does BAX or VTRS pay a bigger dividend?
- BAX yields 0.75% and VTRS yields 2.95% based on trailing dividends and the latest price.
- How have BAX and VTRS total returns compared?
- Over the past 10 years, BAX delivered -4.22% and VTRS delivered -8.42% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Baxter International dividend yieldViatris dividend yieldBaxter International ROEViatris ROEBaxter International operating marginViatris operating marginBaxter International revenue growthViatris revenue growthBaxter International free cash flowViatris free cash flow
Baxter International & Viatris appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.