Baxter International Inc. (BAX) Operating Margin: -2.65%
Is Baxter International Inc.’s operating margin high or low?
Baxter International Inc.'s operating margin of -2.65% is 1928% below its 5-year average of 0.15%, around the middle of its 5-year range (-28.29%–13.84%).
As of Thursday, June 11, 2026. 103.07% below its 12-month average of -1.31%.
BAX Operating Margin Chart
BAX Average Operating Margin Chart
BAX Current vs Average Operating Margin Chart
BAX Operating Margin Metrics
OPERATING MARGIN
-2.65%
OPERATING MARGIN AVG TTM
-1.31%
OPERATING MARGIN AVG 3Y
-6.02%
OPERATING MARGIN AVG 5Y
0.15%
OPERATING MARGIN AVG 10Y
4.98%
OPERATING MARGIN AVG 15Y
7.76%
OPERATING MARGIN AVG 20Y
10.55%
CURRENT VS TTM AVG
-103.07%
CURRENT VS 3Y AVG
+55.98%
CURRENT VS 5Y AVG
-1927.59%
CURRENT VS 10Y AVG
-153.25%
CURRENT VS 15Y AVG
-134.14%
CURRENT VS 20Y AVG
-125.13%
BAX Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baxter International Inc. (BAX) | $10.58B | -2.65% | -1.31% | -6.02% | 0.15% |
| Charles River Laboratories International, Inc. (CRL) | $8.94B | 11.77% | 9.13% | 12.39% | 13.51% |
| Align Technology, Inc. (ALGN) | $12.27B | 14.44% | 15.23% | 16.08% | 17.45% |
| Bio-Rad Laboratories, Inc. (BIO) | $7.92B | 9.25% | 10.48% | 12.70% | 14.08% |
| Hims & Hers Health, Inc. (HIMS) | $6.19B | 1.32% | 4.35% | -1.93% | -10.04% |
| Hologic, Inc. (HOLX) | $16.97B | 17.49% | 19.66% | 22.41% | 27.16% |
| Moderna, Inc. (MRNA) | $18.71B | -153.35% | -140.72% | -73.36% | -52.24% |
| BioNTech SE (BNTX) | $22.39B | -51.55% | -35.20% | 5.18% | 14.03% |
| Mettler-Toledo International Inc. (MTD) | $22.82B | 28.00% | 28.45% | 28.53% | 27.71% |
| Waters Corporation (WAT) | $23.21B | 17.08% | 28.07% | 28.30% | 28.33% |
Operating Efficiency
Gross Margin
30.1%
Operating Margin
-2.6%
Baxter International Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Baxter International Inc. Operating Margin FAQ
- What is the operating margin for Baxter International Inc. (BAX)?
- The operating margin for BAX stock is -2.65%.
- Is Baxter International Inc.'s operating margin high or low?
- Baxter International Inc.'s operating margin of -2.65% is 1928% below its 5-year average of 0.15%, around the middle of its 5-year range (-28.29%–13.84%).
- What is the TTM average operating margin for Baxter International Inc. (BAX)?
- The TTM average operating margin for BAX stock is -1.31%.
- What is the 3Y average operating margin for Baxter International Inc. (BAX)?
- The 3Y average operating margin for BAX stock is -6.02%.
- What is the 5Y average operating margin for Baxter International Inc. (BAX)?
- The 5Y average operating margin for BAX stock is 0.15%.
- What is the 10Y average operating margin for Baxter International Inc. (BAX)?
- The 10Y average operating margin for BAX stock is 4.98%.
- What is the 15Y average operating margin for Baxter International Inc. (BAX)?
- The 15Y average operating margin for BAX stock is 7.76%.
- What is the 20Y average operating margin for Baxter International Inc. (BAX)?
- The 20Y average operating margin for BAX stock is 10.55%.
Baxter International Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | -2.74% |
| 2024-12-31 | 0.13% |
| 2023-12-31 | 6.82% |
| 2022-12-31 | -28.29% |
| 2021-12-31 | 11.11% |
| 2020-12-31 | 13.84% |
| 2019-12-31 | 15.60% |
| 2018-12-31 | 14.27% |
| 2017-12-31 | 12.17% |
| 2016-12-31 | 7.33% |
| 2015-12-31 | 4.50% |
| 2014-12-31 | 6.12% |
| 2013-12-31 | 5.27% |
| 2012-12-31 | 20.24% |
| 2011-12-31 | 21.20% |
| 2010-12-31 | 16.63% |
| 2009-12-31 | 22.90% |
| 2008-12-31 | 20.76% |
| 2007-12-31 | 19.25% |
| 2006-12-31 | 17.74% |
| 2005-12-31 | 16.64% |
| 2004-12-31 | 9.41% |
| 2003-12-31 | 14.13% |
| 2002-12-31 | 18.88% |
| 2001-12-31 | 16.63% |
| 2000-12-31 | 15.44% |
| 1999-12-31 | 18.03% |
| 1998-12-31 | 17.79% |
| 1997-12-31 | 16.87% |
| 1996-12-31 | 16.75% |
Related Metrics
About Baxter International Inc.
Baxter International Inc., operating globally via its subsidiaries, is a leading developer and provider of a wide spectrum of healthcare products. The company's comprehensive portfolio includes various dialysis treatments, such as peritoneal and hemodialysis, along with related therapies and services. It also specializes in intravenous (IV) therapies, infusion pumps, administration sets, and devices for drug reconstitution. Further expanding its pharmaceutical offerings, Baxter delivers pre-mixed and oncology drug platforms, inhaled anesthetic agents, critical care products, and pharmacy compounding services. Nutritional support is provided through its parenteral nutrition therapies and associated products. For surgical procedures, the company develops biological products and medical devices vital for achieving hemostasis, tissue sealing, and preventing adhesions. Additionally, Baxter supplies continuous renal replacement therapies (CRRT) and other organ support solutions, primarily tailored for intensive care units. Beyond direct medical supplies, Baxter provides sophisticated connected care solutions, integrating devices, software, communication systems, and other advanced technologies. This includes a range of patient monitoring and diagnostic technologies designed to aid in the diagnosis, treatment, and management of numerous illnesses and conditions, spanning respiratory therapy, cardiology, vision screening, and physical assessment. The surgical suite benefits from its specialized video technologies, operating tables, lights, pendants, precision positioning tools, and various ancillary accessories. The company also offers contracted services to a multitude of pharmaceutical and biopharmaceutical companies. Baxter's products are utilized across diverse healthcare environments, including hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors' offices, and for home-based patients under medical supervision. Operating in approximately 100 countries, Baxter distributes its extensive product line through a direct sales force, independent distributors, drug wholesalers, and specialty pharmacies or other alternative site providers. The company also holds a collaborative agreement with Celerity Pharmaceutical, LLC, focused on developing generic injectable pre-mixed medications for acute care and oncolytic molecules. Established in 1931, Baxter International Inc. is headquartered in Deerfield, Illinois.
- Sector
- Healthcare
- Industry
- Medical - Instruments & Supplies
- CEO
- Andrew Hider