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Baxter International Inc   (BAX)
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Baxter International Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Baxter International Inc in the second quarter 2024?
Baxter International Inc achieved a return on average equity (ROE) of 30.51 % in its second quarter 2024, this is above BAX's average return on equity of 21.79%.
Baxter International Inc s equity during the 12 months ending in the second quarter 2024 are valued at $8 billion

ROE decreased relative to the period ending , due to the decline in net income.

Within the Medical Equipment & Supplies industry 3 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2024 from 212 to 215.

What is ROE?



Return On Equity (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Equity Change 36.89 % 38.61 % 43.65 % 46.37 % -
Y / Y Net Income Change - -13.33 % 32.97 % - -
Net Income (TTM) in Millions 2,485 2,657 2,663 2,602 -2,843
Return On Equity (TTM) 30.51 % 34.85 % 37.77 % 40.6 % -49.34 %
BAX's Total Ranking # 215 # 212 # 216 # 233 # 3210
Equity (TTM) in Millions 7,708 8,235 8,468 8,166 5,631
Seq. Equity Change -6.4 % -2.75 % 3.7 % 45.02 % -5.22 %
Seq. Net Income Change - -84.15 % -90.2 % - -

Return On Equity Company Ranking
Within: No.
Industry # 4
Sector # 33
Overall # 215

Return On Equity Statistics
High Average Low
57.61 %
21.79 %
-49.34 %
(Dec 31 2016)   (Jun 30 2023)





BAX Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 8,468 5,895 9,121 8,726 7,912
Y / Y Equity Change 43.65 % -35.37 % 4.53 % 10.29 % 1.23 %
Net Income in Millions 2,663 -2,421 1,295 1,110 1,011
Y / Y Net Income Change - - 16.67 % 9.79 % -37.75 %
Return On Equity 31.45 % -41.07 % 14.2 % 12.72 % 12.78 %





Annual Roe Comment
In 2023 ROE improved to 31.45 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Medical Equipment & Supplies Industry Roe Trends and Statistics
Healthcare Sector Return On Equity Statistics
BAX's' Return on Equity at Yahoo Finance
BAX's Roe Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for BAX's Competitors
Return On Equity for Baxter International Inc 's Suppliers
Roe for BAX's Customers




Companies with similar Return On Equity at Jun 30 2024, within Healthcare Sector ROE
Cardiff Lexington Corporation  80.91 %
Mimedx Group Inc   78.93 %
Dariohealth Corp   74.64 %
National Research Corporation  63.64 %
Entrada Therapeutics Inc   62.08 %
Eli Lilly And Company  60.30 %
Abbvie Inc   57.23 %
Idexx Laboratories Inc  57.03 %
Medpace Holdings Inc   55.14 %
Johnson and Johnson  54.01 %
Enzon Pharmaceuticals inc   51.45 %
Siga Technologies Inc  51.39 %
Insulet Corporation  50.53 %
Amgen Inc   50.41 %
Lantheus Holdings Inc   49.15 %
Collegium Pharmaceutical inc   49.14 %
Zoetis Inc   46.66 %
Carlisle Companies Incorporated  46.19 %
Tg Therapeutics Inc   46.04 %
Quince Therapeutics Inc   42.78 %
Protagonist Therapeutics inc   39.06 %
Exelixis Inc   36.16 %
Merck and Co Inc   33.75 %
Arcutis Biotherapeutics Inc   31.45 %
Mallinckrodt Plc  31.06 %
Baxter International Inc   30.51 %
Dexcom Inc   29.58 %
Prestige Consumer Healthcare Inc   29.10 %
Exagen Inc   28.90 %
Msa Safety Inc  28.16 %


Date modified: 2024-08-07T19:52:45+00:00



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