Baxter International annual return on equity
2008
2009
2010
2011
2012
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2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Baxter International Return on Equity (ROE) Growth & History (BAX)
Baxter International's return on equity was −14.62% for fiscal 2025.
View full Baxter International company overviewBaxter International annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −14.62% | −6.17 pp |
| 2024 | 2024-12-31 | −8.45% | −45.76 pp |
| 2023 | 2023-12-31 | 37.32% | +69.95 pp |
| 2022 | 2022-12-31 | −32.64% | −47.09 pp |
| 2021 | 2021-12-31 | 14.45% | +1.15 pp |
| 2020 | 2020-12-31 | 13.30% | +0.57 pp |
| 2019 | 2019-12-31 | 12.73% | −5.49 pp |
| 2018 | 2018-12-31 | 18.22% | +11.31 pp |
| 2017 | 2017-12-31 | 6.91% | −51.03 pp |
| 2016 | 2016-12-31 | 57.95% | +46.54 pp |
| 2015 | 2015-12-31 | 11.41% | −18.70 pp |
| 2014 | 2014-12-31 | 30.12% | +3.99 pp |
| 2013 | 2013-12-31 | 26.13% | −8.27 pp |
| 2012 | 2012-12-31 | 34.40% | +0.58 pp |
| 2011 | 2011-12-31 | 33.82% | +13.18 pp |
| 2010 | 2010-12-31 | 20.64% | −12.22 pp |
| 2009 | 2009-12-31 | 32.86% | +2.43 pp |
| 2008 | 2008-12-31 | 30.43% | — |
Baxter International quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.06% | +0.79 pp |
| Q1 2026 | 2026-03-31 | −0.25% | −2.04 pp |
| Q4 2025 | 2025-12-31 | −16.87% | −9.97 pp |
| Q3 2025 | 2025-09-30 | −0.63% | −2.44 pp |
| Q2 2025 | 2025-06-30 | 1.26% | +5.23 pp |
| Q1 2025 | 2025-03-31 | 1.79% | +1.35 pp |
| Q4 2024 | 2024-12-31 | −6.90% | −9.87 pp |
| Q3 2024 | 2024-09-30 | 1.80% | −34.89 pp |
| Q2 2024 | 2024-06-30 | −3.97% | −1.51 pp |
| Q1 2024 | 2024-03-31 | 0.45% | −0.30 pp |
| Q4 2023 | 2023-12-31 | 2.97% | −0.22 pp |
| Q3 2023 | 2023-09-30 | 36.69% | +77.50 pp |
| Q2 2023 | 2023-06-30 | −2.46% | −5.27 pp |
| Q1 2023 | 2023-03-31 | 0.75% | −0.03 pp |
| Q4 2022 | 2022-12-31 | 3.18% | +0.52 pp |
| Q3 2022 | 2022-09-30 | −40.81% | −46.02 pp |
| Q2 2022 | 2022-06-30 | 2.81% | −0.71 pp |
| Q1 2022 | 2022-03-31 | 0.78% | −2.69 pp |
| Q4 2021 | 2021-12-31 | 2.67% | +0.72 pp |
| Q3 2021 | 2021-09-30 | 5.21% | +0.95 pp |
| Q2 2021 | 2021-06-30 | 3.52% | +0.41 pp |
| Q1 2021 | 2021-03-31 | 3.48% | −0.78 pp |
| Q4 2020 | 2020-12-31 | 1.95% | +2.24 pp |
| Q3 2020 | 2020-09-30 | 4.26% | −0.54 pp |
| Q2 2020 | 2020-06-30 | 3.11% | −0.97 pp |
| Q1 2020 | 2020-03-31 | 4.26% | −0.18 pp |
| Q4 2019 | 2019-12-31 | −0.30% | −3.90 pp |
| Q3 2019 | 2019-09-30 | 4.80% | −0.96 pp |
| Q2 2019 | 2019-06-30 | 4.08% | +0.29 pp |
| Q1 2019 | 2019-03-31 | 4.44% | +0.25 pp |
| Q4 2018 | 2018-12-31 | 3.60% | +4.36 pp |
| Q3 2018 | 2018-09-30 | 5.76% | +3.07 pp |
| Q2 2018 | 2018-06-30 | 3.79% | +0.83 pp |
| Q1 2018 | 2018-03-31 | 4.19% | +0.99 pp |
| Q4 2017 | 2017-12-31 | −0.76% | −3.63 pp |
| Q3 2017 | 2017-09-30 | 2.69% | +1.18 pp |
| Q2 2017 | 2017-06-30 | 2.97% | −10.86 pp |
| Q1 2017 | 2017-03-31 | 3.20% | −34.63 pp |
| Q4 2016 | 2016-12-31 | 2.86% | +0.40 pp |
| Q3 2016 | 2016-09-30 | 1.51% | +1.50 pp |
| Q2 2016 | 2016-06-30 | 13.83% | +9.47 pp |
| Q1 2016 | 2016-03-31 | 37.84% | +32.25 pp |
| Q4 2015 | 2015-12-31 | 2.46% | −9.08 pp |
| Q3 2015 | 2015-09-30 | 0.01% | −5.47 pp |
| Q2 2015 | 2015-06-30 | 4.36% | −1.64 pp |
| Q1 2015 | 2015-03-31 | 5.59% | −0.90 pp |
| Q4 2014 | 2014-12-31 | 11.53% | +7.51 pp |
| Q3 2014 | 2014-09-30 | 5.48% | −1.75 pp |
| Q2 2014 | 2014-06-30 | 6.00% | −2.28 pp |
| Q1 2014 | 2014-03-31 | 6.49% | −1.45 pp |
| Q4 2013 | 2013-12-31 | 4.02% | −3.00 pp |
| Q3 2013 | 2013-09-30 | 7.24% | −1.18 pp |
| Q2 2013 | 2013-06-30 | 8.28% | — |
| Q1 2013 | 2013-03-31 | 7.94% | −0.89 pp |
| Q4 2012 | 2012-12-31 | 7.02% | +0.18 pp |
| Q3 2012 | 2012-09-30 | 8.42% | +0.16 pp |
| Q1 2012 | 2012-03-31 | 8.84% | +0.26 pp |
| Q4 2011 | 2011-12-31 | 6.84% | +0.38 pp |
| Q3 2011 | 2011-09-30 | 8.26% | −0.19 pp |
| Q2 2011 | 2011-06-30 | 8.96% | +0.28 pp |
| Q1 2011 | 2011-03-31 | 8.57% | +9.50 pp |
| Q4 2010 | 2010-12-31 | 6.46% | −1.55 pp |
| Q3 2010 | 2010-09-30 | 8.45% | +0.68 pp |
| Q2 2010 | 2010-06-30 | 8.68% | −0.51 pp |
| Q1 2010 | 2010-03-31 | −0.93% | — |
| Q4 2009 | 2009-12-31 | 8.01% | — |
| Q3 2009 | 2009-09-30 | 7.77% | — |
| Q2 2009 | 2009-06-30 | 9.19% | — |
Baxter International return on equity trends
Over the last five fiscal years, Baxter International's return on equity decreased from 13.30% to −14.62%, a change of −27.92 percentage points. The latest reported quarter, Q2 2026, shows 2.06%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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