Baxter International Inc. (BAX) vs Walgreens Boots Alliance, Inc. (WBA)
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 July 29, 2026. Differences are shown without an overall score or investment verdict.
BAX
Baxter International Inc.
$24.51HealthcareDelayed quote: Jul 29, 2026, 1:10 PM EDT
WBA
Walgreens Boots Alliance, Inc.
$11.98HealthcareAt close: Aug 28, 2025, 4:00 PM ET
Total return — BAX vs WBA
growth of $100 · dividends reinvested · last 29yBAX +291.2%WBA +180.0%BAX compounded faster
BAX WBA
BAX vs WBA: by the numbers
- •BAX is the larger company ($12.66B 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 (0.82% yield), while WBA is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | BAX | WBA |
|---|---|---|
| Forward P/E | 12.68 | 7.65 |
| P/S ratio | 1.11 | 0.07 |
| P/B ratio | 2.08 | 1.44 |
| EV / EBITDA | 30.13 | N/A |
| FCF yield | 5.69% | 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 | 0.82% | N/A |
Growth (annualized)
| Metric | BAX | WBA |
|---|---|---|
| Revenue CAGR (5Y) | -0.86% | 3.53% |
| FCF CAGR (5Y) | -10.81% | -33.20% |
| Total return CAGR (5Y) | -19.93% | -16.99% |
Frequently asked
- 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 (0.82% yield), while WBA is a former payer with no current dividend run rate.
- How have BAX and WBA total returns compared?
- Over the past 10 years, BAX delivered -5.13% and WBA delivered -14.92% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Baxter International P/E ratioWalgreens Boots Alliance P/E ratioBaxter International dividend yieldWalgreens Boots Alliance dividend yieldBaxter International ROEWalgreens Boots Alliance ROEBaxter International operating marginWalgreens Boots Alliance operating marginBaxter International revenue growthWalgreens Boots Alliance revenue growthBaxter International free cash flowWalgreens Boots Alliance free cash flow
Baxter International & Walgreens Boots Alliance 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 July 29, 2026.