Stocks Comparison
Baxter International vs 3M: revenue, profit, margins and growth compared
Baxter International brought in $11.2B of revenue in fiscal 2025, 3M $24.9B in fiscal 2025. Revenue changed by +5.7% at Baxter International and +1.5% at 3M on the year before, so Baxter International grew faster. Baxter International kept -8.5% of its revenue as net profit, 3M 13.0%. Free cash flow was $332M at Baxter International and $1.4B at 3M.
Side by side, latest fiscal year
| BAX | MMM | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $11.2B | $24.9B |
| Revenue growth | +5.7% | +1.5% |
| Net income | -$957M | $3.3B |
| Net margin | -8.5% | 13.0% |
| Free cash flow | $332M | $1.4B |
| Free cash flow margin | 3.0% | 5.6% |
| Earnings per share (diluted) | -$1.87 | $6.00 |
| Cash | $2B | $5.2B |
| Debt | $9.4B | $12.6B |
| Price to earnings | n/a | 28.3 |
| Market value | $12.1B | $87.4B |
| Dividend yield | 2.23% | 1.72% |
| Rank by revenue in sector | #42 of 523 · Health care | #25 of 523 · Health care |
Over the years
Questions about Baxter International and 3M
Which is bigger by revenue, Baxter International or 3M?
3M is bigger by revenue: $24.9B in fiscal 2025, against $11.2B for Baxter International in fiscal 2025.
Which keeps more of its revenue as profit, Baxter International or 3M?
Baxter International had a net margin of -8.5% in fiscal 2025; 3M had 13.0% in fiscal 2025.
Which grew revenue faster, Baxter International or 3M?
In their latest fiscal years revenue changed by +5.7% at Baxter International and +1.5% at 3M.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.