$Baxter International Inc (BAX.US)$Revenue has continued to ...
$Baxter International Inc (BAX.US)$Revenue has continued to grow over the past 5 years, with an average growth rate of 7.4%. However, operating profit has significantly declined due to the continuous decrease in gross margin. Net income entered a loss range in 2022, mainly due to the impact of a huge impairment of 2.812 billion in capital assets.
In 2023 Q1, revenue declined by 1.6%, but operating profit increased by 18.5% due to lower operating expenses. Pre-tax profit, however, declined by 25.5% due to a significant increase in interest expenses.
The current market cap is 23 billion, and even based on the net income of 1.3 billion in 2021, the PE ratio has reached 17.7, indicating a lack of attractiveness in terms of valuation.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
