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BAXTER INTERNATIONAL INC (BAX)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues:  
    Americas   6,602.06,732.06,666.06,592.06,471.06,316.06,255.0
    EMEA   3,468.03,513.03,552.03,352.03,293.03,179.03,195.0
    APAC   2,738.02,782.02,803.02,759.02,685.02,574.02,475.0
    Other   1,233.0518.0     
Total revenues   14,041.013,545.012,784.012,451.012,197.011,817.011,673.0
            Revenue growth   [+] 15.1%14.6%9.5%8.0%6.9%2.5%2.7%
Cost of goods sold   8,595.08,237.07,679.07,561.07,433.07,248.07,086.0
Gross profit   5,446.05,308.05,105.04,890.04,764.04,569.04,587.0
            Gross margin   38.8%39.2%39.9%39.3%39.1%38.7%39.3%
Selling, general and administrative   [+] 3,587.03,292.02,867.02,632.02,553.02,468.02,469.0
Research and development   565.0556.0534.0531.0525.0503.0521.0
Other operating expenses   -28.0-22.0  -5.0  
EBITDA   [+] 2,508.02,313.02,377.02,368.0 2,439.02,437.0
            EBITDA margin   17.9%17.1%18.6%19.0%19.1%20.6%20.9%
Depreciation   609.0380.0370.0380.0394.0607.0601.0
EBITA   1,899.01,933.02,007.01,988.01,936.01,832.01,836.0
            EBITA margin   13.5%14.3%15.7%16.0%15.9%15.5%15.7%
Amortization of intangibles   577.0451.0298.0256.0245.0234.0222.0
EBIT   [+] 1,322.01,482.01,709.01,732.01,691.01,598.01,614.0
            EBIT margin   9.4%10.9%13.4%13.9%13.9%13.5%13.8%
Non-recurring items      -1.0   
Interest expense, net   [+] 170.0115.064.0112.0101.0103.090.0
Other income (expense), net   [+] -106.0-148.0-169.0-217.0-221.0-229.0-234.0
Pre-tax income   1,047.01,220.01,477.01,404.01,368.01,265.01,292.0
Income taxes   95.0152.0182.0180.0237.0188.0182.0
            Tax rate   9.1%12.5%12.3% 17.3%14.9%14.1%
Minority interest   11.011.011.010.011.09.08.0
Earnings from continuing ops   941.01,057.01,284.01,214.01,120.01,068.01,102.0
Earnings from discontinued ops   70.0      
Net income   1,011.01,057.01,284.01,214.01,120.01,068.01,102.0
            Net margin   7.2%7.8%10.0%9.8%9.2%9.0%9.4%
   
Basic EPS   [+] $1.87$2.11$2.56$2.41$2.21$2.10$2.17
Diluted EPS   [+] $1.85$2.08$2.53$2.38$2.18$2.07$2.13
   
Dividends per share   [+]$0.00$1.13$1.12$1.09$1.05$1.02$0.98$0.96
   
Shares outstanding (basic)   [+] 502.3502.0502.5504.3507.0508.5509.0
Shares outstanding (diluted)   [+] 507.8508.0508.5510.8513.8515.8517.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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