Company / Income Tax
Baxter International Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$395.0M
FY2025
5-year range
-$135.0M / $395.0M
FY2021-FY2025
Trend
+967.6%
vs FY2024
Sector context
#18 of 162
Health Care
What the data says
Income Tax changed +968% YoY in FY2025, a notable deviation from the 9-year average annual change of +294%.
Based on SEC 10-K filings.
$395M in FY2025 with a 5-year CAGR of +16.8%. Top quartile in the Health Care sector.
Increased from $61M to $395M over the past 2 years.
Health Care sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +16.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in Health CareTop 89% of 162This company $395.0M Sector average $145.4M
▼
+171.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +16.8%, indicating consistent growth.
- In FY2025, income tax increased 967.6% year-over-year.
- Ranks #18 out of 162 companies in the Health Care sector.
- Peak income tax was recorded in FY2019.
Company context
Key Data Points
- Negative profit margin: -6.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $395.0M | +967.6% |
| FY2024 | $37.0M | -39.3% |
| FY2023 | $61.0M | +145.2% |
| FY2022 | -$135.0M | -262.7% |
| FY2021 | $83.0M | -54.4% |
| FY2020 | $182.0M | -62.9% |
| FY2019 | $491.0M | +655.4% |
| FY2018 | $65.0M | -86.8% |
| FY2017 | $491.0M | +1387.9% |
| FY2016 | $33.0M | -5.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026