B
BAX
BAXReviewed3 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$10.9B2.8%
FY2025
Operating Segments
3Active segments
Blended Margin
15.0%Operating margin
Highest Margin
18.3%Medical Products And Therapies
Segment Shift
Medical Products And Therapies has grown from 0.0% to 48.8% of total revenue since FY2018, with 18.3% operating margins. Meanwhile, Healthcare Systems And Technologies is the fastest growing at +4.1% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Medical Products And Therapies | $5.3B | $970M | 18.3% | 48.8% | +1.8% |
| Healthcare Systems And Technologies | $3.1B | $441M | 14.4% | 28.3% | +4.1% |
| Pharmaceuticals | $2.5B | $222M | 8.9% | 22.9% | +3.4% |
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