Which has grown faster, BAX or WBA?

Over the past five years, WBA grew revenue faster — BAX at a -0.86% CAGR versus WBA at 3.53%.

Does BAX or WBA pay a bigger dividend?

BAX pays a dividend (0.96% yield) while WBA does not currently pay one.

Which has been the better investment, BAX or WBA?

Over the past 10-year, BAX delivered the higher annualized total return — BAX at -5.83% versus WBA at -14.92%. Past performance doesn't predict future results.

Baxter International Inc. (BAX) vs Walgreens Boots Alliance, Inc. (WBA)

WBA leads on 7 of 13 compared metrics.

A side-by-side comparison of Baxter International Inc. and Walgreens Boots Alliance, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

BAX

Baxter International Inc.

$10.77B

$20.86Healthcare

WBA

Walgreens Boots Alliance, Inc.

$10.37B

$11.98Healthcare

Total return — BAX vs WBA

growth of $100 · last 29y

BAX +101.9%WBA +46.3%BAX compounded faster

BAX WBA

BAX vs WBA: by the numbers

•BAX is the larger company ($10.77B vs $10.37B market cap).
•Both run net losses; WBA's is the smaller (-4.07% vs -9.70% net margin).
•WBA grew revenue faster over the past five years (3.53% vs -0.86% CAGR).
•BAX pays a dividend (0.96% yield) while WBA does not currently pay one.

Which is better, BAX or WBA?

Metric tally: BAX 6 · WBA 7

It depends on what you're optimizing for:

GrowthWBA(faster 5Y revenue CAGR)

QualityBAX(higher ROIC)

Valuation

Metric	BAX	WBA
Forward P/E	10.86	7.65●
P/S ratio	0.95	0.07●
P/B ratio	1.78	1.44●
EV / EBITDA	24.95	—
FCF yield	6.64%●	5.60%

Profitability

Metric	BAX	WBA
Gross margin	30.11%●	17.13%
Operating margin	-2.65%	-2.02%●
Net margin	-9.70%	-4.07%●
ROE	-18.17%●	-87.68%
ROIC	-1.79%●	-24.28%

Dividends

Metric	BAX	WBA
Dividend yield	0.96%	—

Growth (annualized)

Metric	BAX	WBA
Revenue CAGR (5Y)	-0.86%	3.53%●
EPS CAGR (5Y)	11.55%●	5.73%
FCF CAGR (5Y)	-10.81%●	-33.20%
Total return CAGR (5Y)	-22.43%	-16.99%●

Frequently asked

Which is better, BAX or WBA?: It depends on your goal. growth: WBA (faster 5Y revenue CAGR); quality: BAX (higher ROIC). Across all compared metrics, WBA leads 7 to 6.
Which has grown faster, BAX or WBA?: Over the past five years, WBA grew revenue faster — BAX at a -0.86% CAGR versus WBA at 3.53%.
Does BAX or WBA pay a bigger dividend?: BAX pays a dividend (0.96% yield) while WBA does not currently pay one.
Which has been the better investment, BAX or WBA?: Over the past 10-year, BAX delivered the higher annualized total return — BAX at -5.83% versus WBA at -14.92%. Past performance doesn't predict future results.

Go deeper

Full BAX analysis Full WBA analysis Interactive comparison tool

Dig into the metrics

Baxter International P/E ratio Walgreens Boots Alliance P/E ratio Baxter International dividend yield Walgreens Boots Alliance dividend yield Baxter International ROE Walgreens Boots Alliance ROE Baxter International operating margin Walgreens Boots Alliance operating margin Baxter International revenue growth Walgreens Boots Alliance revenue growth Baxter International free cash flow Walgreens Boots Alliance free cash flow

Baxter International & Walgreens Boots Alliance appear in these rankings

Highest FCF Yield Stocks

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 June 13, 2026.