Baxter International Inc. (BAX) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.7B | 2.97B | 2.83B | 2.81B | 2.63B | 2.75B | 2.7B | 2.69B | 2.49B | 3.88B | 2.6B | 3.71B |
| Revenue Growth % | 2.9% | 8.03% | 5.04% | 4.31% | 5.42% | -29.14% | 3.85% | -27.33% | -29.12% | -0.05% | -27.99% | 3.14% |
| Cost of Goods Sold | 1.81B | 2.4B | 1.89B | 1.82B | 1.76B | 1.79B | 1.67B | 1.66B | 1.53B | 2.41B | 1.54B | 2.6B |
| COGS % of Revenue | 67.01% | 80.6% | 66.49% | 64.73% | 67.2% | 65.17% | 61.73% | 61.73% | 61.41% | 62.11% | 59.37% | 70.03% |
| Gross Profit | 891M | 577M | 950M | 991M | 861M | 959M | 1.03B | 1.03B | 961M | 1.47B | 1.06B | 1.11B |
| Gross Margin % | 32.99% | 19.4% | 33.51% | 35.27% | 32.8% | 34.83% | 38.27% | 38.27% | 38.59% | 37.89% | 40.63% | 29.97% |
| Gross Profit Growth % | 3.48% | -39.83% | -8.03% | -3.88% | -10.41% | -34.85% | -2.18% | -7.2% | -24.63% | 0.62% | 1.05% | -18.96% |
| Operating Expenses | 825M | 1.31B | 778M | 800M | 803M | 1.39B | 878M | 852M | 846M | 1.14B | 877M | 1.13B |
| OpEx % of Revenue | 30.54% | 43.91% | 27.44% | 28.47% | 30.59% | 50.64% | 32.53% | 31.63% | 33.98% | 29.42% | 33.74% | 30.43% |
| Selling, General & Admin | 728M | 761M | 708M | 718M | 703M | 761M | 754M | 723M | 729M | 977M | 744M | 964M |
| SG&A % of Revenue | 26.95% | 25.59% | 24.97% | 25.55% | 26.78% | 27.64% | 27.94% | 26.84% | 29.28% | 25.15% | 28.63% | 26% |
| Research & Development | 139M | 126M | 118M | 134M | 140M | 211M | 129M | 130M | 120M | 172M | 133M | 165M |
| R&D % of Revenue | 5.15% | 4.24% | 4.16% | 4.77% | 5.33% | 7.66% | 4.78% | 4.83% | 4.82% | 4.43% | 5.12% | 4.45% |
| Other Operating Expenses | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 0 | -1000K |
| Operating Income | 66M | -729M | 172M | 191M | 58M | -435M | 155M | 179M | 115M | 329M | 179M | -17M |
| Operating Margin % | 2.44% | -24.51% | 6.07% | 6.8% | 2.21% | -15.8% | 5.74% | 6.64% | 4.62% | 8.47% | 6.89% | -0.46% |
| Operating Income Growth % | 13.79% | -67.59% | 10.97% | 6.7% | -49.57% | -232.22% | -13.41% | 1152.94% | -10.85% | -6.8% | 106.22% | -106.44% |
| EBITDA | 303M | -489M | 409M | 448M | 305M | -190M | 409M | 406M | 386M | 653M | 271M | 298M |
| EBITDA Margin % | 11.22% | -16.44% | 14.43% | 15.94% | 11.62% | -6.9% | 15.15% | 15.07% | 15.5% | 16.81% | 10.43% | 8.04% |
| EBITDA Growth % | -0.66% | -157.37% | 0% | 10.34% | -20.98% | -129.1% | 50.92% | 36.24% | -12.67% | -4.95% | 110.63% | -50.91% |
| D&A (Non-Cash Add-back) | 237M | 240M | 237M | 257M | 247M | 245M | 254M | 227M | 271M | 324M | 92M | 315M |
| EBIT | 66M | -687M | 189M | 205M | 78M | -421M | 170M | 221M | 149M | 355M | 200M | -51M |
| Net Interest Income | -66M | -58M | -58M | -58M | -64M | -90M | -87M | -86M | -78M | -73M | -127M | -124M |
| Interest Income | 0 | 11M | 10M | 14M | 17M | 10M | 14M | 18M | 25M | 44M | 9M | 8M |
| Interest Expense | 66M | 69M | 68M | 72M | 81M | 100M | 101M | 104M | 103M | 117M | 136M | 132M |
| Other Income/Expense | -72M | -27M | -51M | -58M | -61M | -86M | -86M | -62M | -69M | -91M | -115M | -166M |
| Pretax Income | -6M | -756M | 121M | 133M | -3M | -521M | 69M | 117M | 46M | 238M | 64M | -183M |
| Pretax Margin % | -0.22% | -25.42% | 4.27% | 4.73% | -0.11% | -18.92% | 2.56% | 4.34% | 1.85% | 6.13% | 2.46% | -4.94% |
| Income Tax | 11M | 279M | 172M | 11M | -67M | -33M | 8M | 22M | 40M | 165M | 27M | 10M |
| Effective Tax Rate % | -183.33% | -36.9% | 142.15% | 8.27% | 2233.33% | 6.33% | 11.59% | 18.8% | 86.96% | 69.33% | 42.19% | -5.46% |
| Net Income | -15M | -1.13B | -46M | 91M | 126M | -512M | 140M | -314M | 37M | 245M | 2.51B | -141M |
| Net Margin % | -0.56% | -37.93% | -1.62% | 3.24% | 4.8% | -18.6% | 5.19% | -11.66% | 1.49% | 6.31% | 96.5% | -3.8% |
| Net Income Growth % | -111.9% | -120.31% | -132.86% | 128.98% | 240.54% | -308.98% | -94.42% | -122.69% | -15.91% | 35.36% | 185.39% | -155.95% |
| Net Income (Continuing) | -17M | -1.03B | -51M | 122M | 64M | -488M | 61M | 95M | 6M | 73M | 37M | -193M |
| Discontinued Operations | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K |
| Minority Interest | -27M | -27M | -27M | -27M | -27M | 60M | 70M | 65M | 62M | 66M | 65M | 62M |
| EPS (Diluted) | -0.03 | -2.16 | -0.09 | 0.18 | 0.25 | -1.00 | 0.27 | -0.61 | 0.07 | 0.48 | 4.93 | -0.28 |
| EPS Growth % | -112% | -116% | -133.15% | 129.51% | 244.35% | -308.33% | -94.52% | -117.86% | -19.33% | 33.33% | 184.56% | -156% |
| EPS (Basic) | -0.03 | -2.16 | -0.09 | 0.18 | 0.25 | -1.00 | 0.28 | -0.61 | 0.07 | 0.48 | 4.95 | -0.28 |
| Diluted Shares Outstanding | 515M | 514M | 514M | 514M | 514M | 510M | 512M | 510M | 510M | 507M | 507M | 506M |
| Basic Shares Outstanding | 515M | 514M | 514M | 513M | 512M | 510M | 510M | 510M | 508M | 507M | 507M | 506M |
| Dividend Payout Ratio | - | - | - | 95.6% | 69.05% | - | 105.71% | - | 397.3% | 60% | 5.86% | - |