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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Baxter InternationalBAX -3.60%67 Earnings per Share (Diluted) is $-2.07 as of Jun. 2026. GuruFocus rates BAX with a GF Score™ of 67/100 and a GF Value™ of $33.15 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 660 Medical Devices & Instruments companies, Baxter International ranks worse than 76.06% on this metric.
Baxter International's EPS (Basic) for the
three
months ended in Jun. 2026 was $0.24.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $-2.07.
During the past 12 months, Baxter International's average EPS without NRIGrowth Rate was -37.70% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -13.40% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -6.60% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 5.20% per year.
During the past 13 years, Baxter International's highest 3-Year average EPS without NRI Growth Rate was 277.20% per year. The lowest was -37.40% per year. And the median was 7.40% per year.
Baxter International (NYSE:BAX) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Baxter International Earnings per Share (Diluted) Related Terms
Baxter International Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Baxter International's Earnings per Share (Diluted) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Baxter International Earnings per Share (Diluted) Chart
BAX vs ALGN, SOLV, COO: Earnings per Share (Diluted) Comparison
For the Medical Instruments & Supplies subindustry, Baxter International's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Baxter International PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's PE Ratio distribution charts can be found below:
* The bar in red indicates where Baxter International's PE Ratio falls into.
Baxter International Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Baxter International's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.07
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $-2.07 mean?
Baxter International (BAX) has a Earnings per Share (Diluted) of $-2.07 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Baxter International and its competitors. According to the industry distribution chart, Baxter International ranks #502 out of 660 companies in the Medical Devices & Instruments industry, placing it in the top 76.1%.
Is Baxter International's Earnings per Share (Diluted) too high?
Baxter International's current Earnings per Share (Diluted) is $-2.07. Based on the distribution chart, Baxter International ranks #502 out of 660 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Baxter International has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baxter International's Earnings per Share (Diluted) compare to ALGN and SOLV?
According to the Medical Devices & Instruments industry distribution chart, Baxter International ranks #502 out of 660 companies for Earnings per Share (Diluted). This places Baxter International in the lower half of its industry. The industry median Earnings per Share (Diluted) is 8.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Medical Devices & Instruments company?
The median Earnings per Share (Diluted) among Medical Devices & Instruments companies is 8.15, based on 660 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Baxter International and its competitors. For the Medical Devices & Instruments industry, the median Earnings per Share (Diluted) is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baxter International's current Earnings per Share (Diluted) is $-2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baxter International stock overvalued right now?
Based on GuruFocus' analysis, Baxter International (BAX) is currently considered Modestly Undervalued. The stock's GF Value™ is $33.15, compared to a current price of $27.33 — trading 17.6% below its estimated fair value. The current Earnings per Share (Diluted) is $-2.07. Baxter International's overall GF Score™ is 67/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Baxter International (BAX), the current Earnings per Share (Diluted) is $-2.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Baxter International (BAX) Overvalued in 2026?
Based on GuruFocus' analysis, Baxter International stock appears to be undervalued.
The current stock price of $27.33 is trading 17.6% below its estimated GF Value™ of $33.15.
GuruFocus considers Baxter International to be Modestly Undervalued.
Key valuation signals for BAX:
Earnings per Share (Diluted): $-2.07
GF Value™: $33.15 vs. price of $27.33 (17.6% below fair value)
No single metric tells the full story. See the BAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baxter offers a variety of medical supplies and equipment to providers. From its legacy operations, Baxter sells injectable therapies for use in care settings, including IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. Baxter expanded its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment like hospital beds, operating room equipment, and patient monitoring tools to the portfolio. Baxter also sold its kidney care tools in early 2025.
67GF Score
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