The historical rank and industry rank for Baxter International's Net Margin % or its related term are showing as below:
WBO:BAX'
s Net Margin % Range Over the Past 10 Years
Min: -24.19 Med: 9.13 Max: 48.85
Current: -9.7
WBO:BAX's Net Margin % is ranked worse than 64.01% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: 2.07
vs WBO:BAX: -9.70
Baxter International (WBO:BAX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Baxter International Net Margin % Related Terms
Baxter International Net Margin % Historical Data
* Premium members only.
The historical data trend for Baxter International's Net Margin % 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.
WBO:BAX vs COO, ATR, RGEN: Net Margin % Comparison
For the Medical Instruments & Supplies subindustry, Baxter International's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's Net Margin % distribution charts can be found below:
* The bar in red indicates where Baxter International's Net Margin % falls into.
* 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 (WBO:BAX) has a Net Margin % of -0.56% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Baxter International and its competitors. According to the industry distribution chart, Baxter International ranks #523 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 64%.
Is Baxter International's Net Margin % too high?
Baxter International's current Net Margin % is -0.56%. Based on the distribution chart, Baxter International ranks #523 out of 817 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Baxter International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baxter International's Net Margin % compare to COO and ATR?
According to the Medical Devices & Instruments industry distribution chart, Baxter International ranks #523 out of 817 companies for Net Margin %. This places Baxter International in the lower half of its industry. The industry median Net Margin % is 2.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.07, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Baxter International and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baxter International's current Net Margin % is -0.56%. 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 (WBO:BAX) is currently considered Possible Value Trap. The stock's GF Value™ is €28.97, compared to a current price of €18.38 — trading 36.6% below its estimated fair value. The current Net Margin % is -0.56%. Baxter International's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Baxter International (WBO:BAX), the current Net Margin % is -0.56% as of Mar. 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 (WBO:BAX) Overvalued in 2026?
Based on GuruFocus' analysis, Baxter International stock appears to be undervalued.
The current stock price of €18.38 is trading 36.6% below its estimated GF Value™ of €28.97.
GuruFocus considers Baxter International to be Possible Value Trap.
Key valuation signals for WBO:BAX:
Net Margin %: -0.56%
GF Value™: €28.97 vs. price of €18.38 (36.6% below fair value)
No single metric tells the full story. See the WBO: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.
56GF Score
Get the complete analysis for WBO:BAX
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:BAX has been successfully added to your 
