Company / Operating Income
Baxter International Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$308.0M
FY2025
5-year range
-$2.8B / $1.4B
FY2021-FY2025
Trend
-2300.0%
vs FY2024
Sector context
#145 of 156
Health Care
What the data says
Operating Income changed -2300% YoY in FY2025, a notable deviation from the 9-year average annual change of -275%.
Based on SEC 10-K filings.
-$308M in FY2025.
Declined from $707M to -$308M over the past 2 years.
Health Care sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 7% in Health CareTop 93% of 156This company -$308.0M Sector average $733.1M
▼
-142.0% below sector average
Key checks
Key Insights
- In FY2025, operating income decreased 2300.0% year-over-year.
- Ranks #145 out of 156 companies in the Health Care sector.
- Peak operating income was recorded in FY2020.
- Lowest operating income in the period was in FY2022.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$308.0M | -2300.0% |
| FY2024 | $14.0M | -98.0% |
| FY2023 | $707.0M | +124.9% |
| FY2022 | -$2.8B | -310.7% |
| FY2021 | $1.4B | -16.5% |
| FY2020 | $1.6B | +25.5% |
| FY2019 | $1.3B | -18.7% |
| FY2018 | $1.6B | +23.0% |
| FY2017 | $1.3B | +96.3% |
| FY2016 | $656.0M | +46.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026