BAX: Baxter International Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Baxter International Inc (BAX).
$14.89B Market Cap.
BAX Market Cap. (MRY)
BAX Shares Outstanding (MRY)
BAX Assets (MRY)
Total Assets
$25.78B
Total Liabilities
$18.76B
Total Investments
$0
BAX Income (MRY)
Revenue
$10.64B
Net Income
-$649.00M
Operating Expense
$3.97B
BAX Cash Flow (MRY)
CF Operations
$1.02B
CF Investing
-$626.00M
CF Financing
-$1.08B
BAX Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $25,782,000,000 (-8.82%) | $28,276,000,000 (-0.04%) | $28,287,000,000 (-15.61%) | $33,521,000,000 (67.45%) |
Assets Current | $8,853,000,000 (-7.78%) | $9,600,000,000 (19.84%) | $8,011,000,000 (-9.70%) | $8,872,000,000 (5.48%) |
Assets Non-Current | $16,929,000,000 (-9.35%) | $18,676,000,000 (-7.89%) | $20,276,000,000 (-17.74%) | $24,649,000,000 (112.34%) |
Goodwill & Intangible Assets | $10,498,000,000 (-10.36%) | $11,711,000,000 (-11.58%) | $13,245,000,000 (-24.86%) | $17,628,000,000 (260.64%) |
Shareholders Equity | $6,964,000,000 (-17.11%) | $8,402,000,000 (44.04%) | $5,833,000,000 (-35.74%) | $9,077,000,000 (4.47%) |
Property Plant & Equipment Net | $3,176,000,000 (-0.97%) | $3,207,000,000 (-38.75%) | $5,236,000,000 (-9.85%) | $5,808,000,000 (9.07%) |
Cash & Equivalents | $1,764,000,000 (-42.69%) | $3,078,000,000 (79.16%) | $1,718,000,000 (-41.78%) | $2,951,000,000 (-20.88%) |
Accumulated Other Comprehensive Income | -$4,010,000,000 (-12.83%) | -$3,554,000,000 (7.28%) | -$3,833,000,000 (-13.40%) | -$3,380,000,000 (-1.99%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $2,046,000,000 (6.67%) | $1,918,000,000 (-28.41%) | $2,679,000,000 (9.21%) | $2,453,000,000 (28.03%) |
Trade & Non-Trade Receivables | $1,679,000,000 (-2.33%) | $1,719,000,000 (-33.14%) | $2,571,000,000 (-2.21%) | $2,629,000,000 (30.99%) |
Trade & Non-Trade Payables | $968,000,000 (9.88%) | $881,000,000 (-20.63%) | $1,110,000,000 (-10.91%) | $1,246,000,000 (19.46%) |
Accumulated Retained Earnings (Deficit) | $14,929,000,000 (-7.35%) | $16,114,000,000 (14.69%) | $14,050,000,000 (-17.67%) | $17,065,000,000 (4.51%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $13,369,000,000 (-4.65%) | $14,021,000,000 (-17.92%) | $17,083,000,000 (-6.04%) | $18,182,000,000 (171.66%) |
Debt Current | $2,752,000,000 (3.19%) | $2,667,000,000 (89.96%) | $1,404,000,000 (174.76%) | $511,000,000 (25.86%) |
Debt Non-Current | $10,617,000,000 (-6.49%) | $11,354,000,000 (-27.58%) | $15,679,000,000 (-11.27%) | $17,671,000,000 (181.07%) |
Total Liabilities | $18,758,000,000 (-5.30%) | $19,808,000,000 (-11.54%) | $22,392,000,000 (-8.23%) | $24,400,000,000 (116.06%) |
Liabilities Current | $6,511,000,000 (0.12%) | $6,503,000,000 (37.05%) | $4,745,000,000 (12.02%) | $4,236,000,000 (27.09%) |
Liabilities Non-Current | $12,247,000,000 (-7.95%) | $13,305,000,000 (-24.60%) | $17,647,000,000 (-12.48%) | $20,164,000,000 (153.32%) |
BAX Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $10,636,000,000 (2.66%) | $10,360,000,000 (3.01%) | $10,057,000,000 (-17.20%) | $12,146,000,000 (4.05%) |
Cost of Revenue | $6,652,000,000 (7.12%) | $6,210,000,000 (-4.58%) | $6,508,000,000 (-12.36%) | $7,426,000,000 (4.80%) |
Selling General & Administrative Expense | $2,967,000,000 (0.47%) | $2,953,000,000 (-4.65%) | $3,097,000,000 (8.86%) | $2,845,000,000 (15.23%) |
Research & Development Expense | $590,000,000 (13.90%) | $518,000,000 (15.11%) | $450,000,000 (-15.25%) | $531,000,000 (1.92%) |
Operating Expenses | $3,970,000,000 (15.31%) | $3,443,000,000 (-46.15%) | $6,394,000,000 (89.73%) | $3,370,000,000 (13.43%) |
Interest Expense | $341,000,000 (-22.32%) | $439,000,000 (11.42%) | $394,000,000 (104.15%) | $193,000,000 (44.03%) |
Income Tax Expense | $37,000,000 (-39.34%) | $61,000,000 (145.19%) | -$135,000,000 (-262.65%) | $83,000,000 (-54.40%) |
Net Loss Income from Discontinued Operations | $312,000,000 (112.57%) | -$2,482,000,000 (-258.67%) | -$692,000,000 (-164.12%) | -$262,000,000 (0%) |
Consolidated Income | -$638,000,000 (-123.96%) | $2,663,000,000 (210.00%) | -$2,421,000,000 (-286.95%) | $1,295,000,000 (16.67%) |
Net Income to Non-Controlling Interests | $11,000,000 (57.14%) | $7,000,000 (-41.67%) | $12,000,000 (9.09%) | $11,000,000 (37.50%) |
Net Income | -$649,000,000 (-124.44%) | $2,656,000,000 (209.17%) | -$2,433,000,000 (-289.49%) | $1,284,000,000 (16.52%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$649,000,000 (-124.44%) | $2,656,000,000 (209.17%) | -$2,433,000,000 (-289.49%) | $1,284,000,000 (16.52%) |
Weighted Average Shares | $510,000,000 (0.79%) | $506,000,000 (0.40%) | $504,000,000 (0.40%) | $502,000,000 (-1.38%) |
Weighted Average Shares Diluted | $510,000,000 (0.39%) | $508,000,000 (0.79%) | $504,000,000 (-0.79%) | $508,000,000 (-1.74%) |
Earning Before Interest & Taxes (EBIT) | -$271,000,000 (-108.59%) | $3,156,000,000 (245.17%) | -$2,174,000,000 (-239.36%) | $1,560,000,000 (10.01%) |
Gross Profit | $3,984,000,000 (-4.00%) | $4,150,000,000 (16.93%) | $3,549,000,000 (-24.81%) | $4,720,000,000 (2.90%) |
Operating Income | $14,000,000 (-98.02%) | $707,000,000 (124.85%) | -$2,845,000,000 (-310.74%) | $1,350,000,000 (-16.46%) |
BAX Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$626,000,000 (-119.48%) | $3,213,000,000 (445.11%) | -$931,000,000 (91.69%) | -$11,200,000,000 (-849.96%) |
Net Cash Flow from Financing | -$1,081,000,000 (69.02%) | -$3,489,000,000 (-142.63%) | -$1,438,000,000 (-117.44%) | $8,245,000,000 (2489.86%) |
Net Cash Flow from Operations | $1,019,000,000 (-40.96%) | $1,726,000,000 (42.53%) | $1,211,000,000 (-45.50%) | $2,222,000,000 (18.95%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$784,000,000 (-153.12%) | $1,476,000,000 (219.61%) | -$1,234,000,000 (-58.21%) | -$780,000,000 (-294.51%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$10,502,000,000 (-2025.91%) |
Net Cash Flow - Investment Acquisitions and Disposals | $34,000,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$460,000,000 (-5.50%) | -$436,000,000 (31.34%) | -$635,000,000 (8.10%) | -$691,000,000 (2.54%) |
Issuance (Repayment) of Debt Securities | -$531,000,000 (81.91%) | -$2,935,000,000 (-226.47%) | -$899,000,000 (-109.74%) | $9,228,000,000 (1850.95%) |
Issuance (Purchase) of Equity Shares | $71,000,000 (-25.26%) | $95,000,000 (0.00%) | $95,000,000 (123.00%) | -$413,000,000 (-38.59%) |
Payment of Dividends & Other Cash Distributions | -$590,000,000 (-0.68%) | -$586,000,000 (-2.27%) | -$573,000,000 (-8.11%) | -$530,000,000 (-12.05%) |
Effect of Exchange Rate Changes on Cash | -$96,000,000 (-469.23%) | $26,000,000 (134.21%) | -$76,000,000 (-61.70%) | -$47,000,000 (-182.46%) |
Share Based Compensation | $114,000,000 (-0.87%) | $115,000,000 (-17.86%) | $140,000,000 (-4.11%) | $146,000,000 (12.31%) |
Depreciation Amortization & Accretion | $997,000,000 (1.32%) | $984,000,000 (-8.21%) | $1,072,000,000 (23.64%) | $867,000,000 (5.35%) |
BAX Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 37.50% (-6.48%) | 40.10% (13.60%) | 35.30% (-9.25%) | 38.90% (-1.02%) |
Profit Margin | -6.10% (-123.83%) | 25.60% (205.79%) | -24.20% (-328.30%) | 10.60% (12.77%) |
EBITDA Margin | 6.80% (-83.00%) | 40.00% (463.64%) | -11.00% (-155.00%) | 20.00% (4.17%) |
Return on Average Equity (ROAE) | -8.50% (-122.37%) | 38.00% (214.46%) | -33.20% (-324.32%) | 14.80% (11.28%) |
Return on Average Assets (ROAA) | -2.40% (-126.09%) | 9.20% (213.58%) | -8.10% (-244.64%) | 5.60% (0.00%) |
Return on Sales (ROS) | -2.50% (-108.20%) | 30.50% (241.20%) | -21.60% (-268.75%) | 12.80% (5.79%) |
Return on Invested Capital (ROIC) | -1.30% (-109.63%) | 13.50% (262.65%) | -8.30% (-194.32%) | 8.80% (-10.20%) |
Dividend Yield | 3.60% (20.00%) | 3.00% (30.43%) | 2.30% (76.92%) | 1.30% (8.33%) |
Price to Earnings Ratio (P/E) | -22.96 (-411.80%) | 7.36 (169.78%) | -10.55 (-131.47%) | 33.53 (-9.32%) |
Price to Sales Ratio (P/S) | 1.4 (-25.95%) | 1.89 (-26.08%) | 2.55 (-28.02%) | 3.55 (1.40%) |
Price to Book Ratio (P/B) | 2.14 (-8.40%) | 2.33 (-47.01%) | 4.41 (-6.97%) | 4.74 (0.38%) |
Debt to Equity Ratio (D/E) | 2.69 (14.25%) | 2.36 (-38.58%) | 3.84 (42.82%) | 2.69 (106.77%) |
Earnings Per Share (EPS) | -1.27 (-124.19%) | 5.25 (208.70%) | -4.83 (-288.67%) | 2.56 (17.97%) |
Sales Per Share (SPS) | 20.86 (1.86%) | 20.47 (2.61%) | 19.95 (-17.53%) | 24.2 (5.50%) |
Free Cash Flow Per Share (FCFPS) | 1.1 (-57.00%) | 2.55 (123.01%) | 1.14 (-62.52%) | 3.05 (33.95%) |
Book Value Per Share (BVPS) | 13.65 (-17.77%) | 16.61 (43.48%) | 11.57 (-36.00%) | 18.08 (5.92%) |
Tangible Assets Book Value Per Share (TABVPS) | 29.97 (-8.46%) | 32.74 (9.69%) | 29.84 (-5.73%) | 31.66 (6.50%) |
Enterprise Value Over EBIT (EV/EBIT) | -98 (-1080.00%) | 10 (152.63%) | -19 (-163.33%) | 30 (-3.23%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 36.73 (394.36%) | 7.43 (119.98%) | -37.19 (-295.52%) | 19.02 (-2.25%) |
Asset Turnover | 0.4 (10.83%) | 0.36 (8.11%) | 0.33 (-36.57%) | 0.53 (-11.62%) |
Current Ratio | 1.36 (-7.86%) | 1.48 (-12.56%) | 1.69 (-19.39%) | 2.09 (-17.04%) |
Dividends | $1.04 (-10.34%) | $1.16 (0.87%) | $1.15 (5.99%) | $1.08 (13.61%) |
Free Cash Flow (FCF) | $559,000,000 (-56.67%) | $1,290,000,000 (123.96%) | $576,000,000 (-62.38%) | $1,531,000,000 (32.10%) |
Enterprise Value (EV) | $26,662,733,862 (-13.30%) | $30,754,126,858 (-24.95%) | $40,980,035,086 (-11.22%) | $46,161,524,975 (5.86%) |
Earnings Before Tax (EBT) | -$612,000,000 (-122.52%) | $2,717,000,000 (205.80%) | -$2,568,000,000 (-287.86%) | $1,367,000,000 (6.46%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $726,000,000 (-82.46%) | $4,140,000,000 (475.68%) | -$1,102,000,000 (-145.41%) | $2,427,000,000 (8.30%) |
Invested Capital | $20,378,000,000 (-2.99%) | $21,005,000,000 (-18.15%) | $25,662,000,000 (-4.56%) | $26,888,000,000 (82.16%) |
Working Capital | $2,342,000,000 (-24.38%) | $3,097,000,000 (-5.17%) | $3,266,000,000 (-29.55%) | $4,636,000,000 (-8.70%) |
Tangible Asset Value | $15,284,000,000 (-7.73%) | $16,565,000,000 (10.12%) | $15,042,000,000 (-5.35%) | $15,893,000,000 (5.04%) |
Market Capitalization | $14,888,733,862 (-24.09%) | $19,613,126,858 (-23.67%) | $25,695,035,086 (-40.22%) | $42,979,524,975 (4.86%) |
Average Equity | $7,663,000,000 (9.66%) | $6,987,750,000 (-4.61%) | $7,325,500,000 (-15.78%) | $8,698,250,000 (5.17%) |
Average Assets | $26,639,500,000 (-7.43%) | $28,777,000,000 (-4.71%) | $30,199,750,000 (30.63%) | $23,119,000,000 (17.57%) |
Invested Capital Average | $20,328,750,000 (-13.15%) | $23,406,500,000 (-10.37%) | $26,114,750,000 (47.49%) | $17,706,500,000 (21.90%) |
Shares | 510,587,581 (0.64%) | 507,323,509 (0.64%) | 504,120,759 (0.68%) | 500,693,441 (-1.98%) |
