BAX (Baxter International) Pre-Tax Income: $-483 Mil (TTM As of Jun. 2026)

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BAX Baxter International Inc BAX
68 GF Score
Price $25.83
GF Value $33.02
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Baxter International Pre-Tax Income?

Baxter International BAX +1.02% 68 Pre-Tax Income is $-483 Mil as of Jun. 2026. GuruFocus rates BAX with a GF Score™ of 68/100 and a GF Value™ of $33.02 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Baxter International's pretax income for the three months ended in Jun. 2026 was $158 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-483 Mil. Baxter International's pretax margin was 5.34%.

During the past 13 years, Baxter International's highest Pretax Margin was 48.75%. The lowest was -32.30%. And the median was 8.87%.


Baxter International  (NYSE:BAX) Pre-Tax Income Explanation

Baxter International's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=158/2960
=5.34%

During the past 13 years, Baxter International's highest Pretax Margin was 48.75%. The lowest was -32.30%. And the median was 8.87%.

* 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 Pre-Tax Income Related Terms


Baxter International Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Baxter International's Pre-Tax Income 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 Pre-Tax Income Chart

Baxter International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,116.00 -3,248.00 242.00 -289.00 -505.00

Baxter International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.00 121.00 -756.00 -6.00 158.00

BAX vs COO, SOLV, ALGN: Pre-Tax Income Comparison

For the Medical Instruments & Supplies subindustry, Baxter International's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Baxter International's Pre-Tax Income falls into.


BAX
68GF Score
Baxter International Inc BAX
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Baxter International Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Baxter International's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=177+-444+-290+52+0
=-505

Baxter International's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=217+5+-64+13+-13
=158

Pre-Tax Income 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 $-483 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-483 Mil mean?
Baxter International (BAX) has a Pre-Tax Income of $-483 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Baxter International and its competitors.
Is Baxter International's Pre-Tax Income too high?
Baxter International's current Pre-Tax Income is $-483 Mil. Overall, Baxter International has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baxter International's Pre-Tax Income compare to COO and SOLV?
Baxter International's Pre-Tax Income of $-483 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Medical Devices & Instruments company?
A good Pre-Tax Income depends on the Medical Devices & Instruments industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Baxter International and its competitors. Baxter International's current Pre-Tax Income is $-483 Mil. 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 $33.02, compared to a current price of $25.83 — trading 21.8% below its estimated fair value. The current Pre-Tax Income is $-483 Mil. Baxter International's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Baxter International (BAX), the current Pre-Tax Income is $-483 Mil 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 $25.83 is trading 21.8% below its estimated GF Value™ of $33.02. GuruFocus considers Baxter International to be Modestly Undervalued.

Key valuation signals for BAX:

  • Pre-Tax Income: $-483 Mil
  • GF Value™: $33.02 vs. price of $25.83 (21.8% below fair value)
  • GF Score™: 68/100 with 9 warning signs

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 International Business Description

Address One Baxter Parkway, Deerfield, IL, USA, 60015
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.
68GF Score

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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.83
Price
$33.02
GF Value