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Side-by-side financial comparison of Baxter International (BAX) and PRICESMART INC (PSMT). Click either name above to swap in a different company.

Baxter International is the larger business by last-quarter revenue ($2.7B vs $1.4B, roughly 2.0× PRICESMART INC). PRICESMART INC runs the higher net margin — 2.9% vs -0.6%, a 3.5% gap on every dollar of revenue. On growth, PRICESMART INC posted the faster year-over-year revenue change (9.9% vs 3.0%). Baxter International produced more free cash flow last quarter ($76.0M vs $32.6M). Over the past eight quarters, PRICESMART INC's revenue compounded faster (3.5% CAGR vs -15.8%).

Baxter International Inc. is an American multinational healthcare company with headquarters in Deerfield, Illinois.

PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.

BAX vs PSMT — Head-to-Head

Bigger by revenue
BAX
BAX
2.0× larger
BAX
$2.7B
$1.4B
PSMT
Growing faster (revenue YoY)
PSMT
PSMT
+6.9% gap
PSMT
9.9%
3.0%
BAX
Higher net margin
PSMT
PSMT
3.5% more per $
PSMT
2.9%
-0.6%
BAX
More free cash flow
BAX
BAX
$43.4M more FCF
BAX
$76.0M
$32.6M
PSMT
Faster 2-yr revenue CAGR
PSMT
PSMT
Annualised
PSMT
3.5%
-15.8%
BAX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BAX
BAX
PSMT
PSMT
Revenue
$2.7B
$1.4B
Net Profit
$-15.0M
$40.2M
Gross Margin
33.0%
17.7%
Operating Margin
2.4%
4.6%
Net Margin
-0.6%
2.9%
Revenue YoY
3.0%
9.9%
Net Profit YoY
7.3%
EPS (diluted)
$-0.03
$1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAX
BAX
PSMT
PSMT
Q1 26
$2.7B
Q4 25
$3.0B
$1.4B
Q3 25
$2.8B
$1.3B
Q2 25
$2.8B
$1.3B
Q1 25
$2.6B
$1.4B
Q4 24
$533.0M
$1.3B
Q3 24
$2.7B
$1.2B
Q2 24
$3.8B
$1.2B
Net Profit
BAX
BAX
PSMT
PSMT
Q1 26
$-15.0M
Q4 25
$-1.1B
$40.2M
Q3 25
$-46.0M
$31.5M
Q2 25
$91.0M
$35.2M
Q1 25
$126.0M
$43.8M
Q4 24
$-512.0M
$37.4M
Q3 24
$140.0M
$29.1M
Q2 24
$-314.0M
$32.5M
Gross Margin
BAX
BAX
PSMT
PSMT
Q1 26
33.0%
Q4 25
19.4%
17.7%
Q3 25
33.5%
Q2 25
35.3%
Q1 25
32.8%
17.1%
Q4 24
25.0%
17.4%
Q3 24
38.3%
Q2 24
37.5%
Operating Margin
BAX
BAX
PSMT
PSMT
Q1 26
2.4%
Q4 25
-24.5%
4.6%
Q3 25
6.1%
4.0%
Q2 25
6.8%
4.3%
Q1 25
2.2%
4.8%
Q4 24
-25.5%
4.6%
Q3 24
5.7%
4.0%
Q2 24
-5.0%
4.1%
Net Margin
BAX
BAX
PSMT
PSMT
Q1 26
-0.6%
Q4 25
-37.9%
2.9%
Q3 25
-1.6%
2.4%
Q2 25
3.2%
2.7%
Q1 25
4.8%
3.2%
Q4 24
-96.1%
3.0%
Q3 24
5.2%
2.4%
Q2 24
-8.2%
2.6%
EPS (diluted)
BAX
BAX
PSMT
PSMT
Q1 26
$-0.03
Q4 25
$-2.21
$1.29
Q3 25
$-0.09
$1.02
Q2 25
$0.18
$1.14
Q1 25
$0.25
$1.45
Q4 24
$-0.99
$1.21
Q3 24
$0.27
$0.94
Q2 24
$-0.62
$1.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAX
BAX
PSMT
PSMT
Cash + ST InvestmentsLiquidity on hand
$320.6M
Total DebtLower is stronger
$180.3M
Stockholders' EquityBook value
$1.3B
Total Assets
$2.4B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
$2.0B
$320.6M
Q3 25
$1.7B
$314.2M
Q2 25
$1.7B
$262.4M
Q1 25
$2.3B
$247.3M
Q4 24
$1.8B
$222.2M
Q3 24
$1.4B
$225.5M
Q2 24
$2.1B
$228.2M
Total Debt
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
$9.5B
$180.3M
Q3 25
$186.6M
Q2 25
$103.1M
Q1 25
$107.1M
Q4 24
$10.4B
$115.6M
Q3 24
$10.4B
$130.4M
Q2 24
$10.4B
$135.1M
Stockholders' Equity
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
$6.1B
$1.3B
Q3 25
$7.2B
$1.2B
Q2 25
$7.3B
$1.2B
Q1 25
$7.1B
$1.2B
Q4 24
$7.0B
$1.2B
Q3 24
$7.9B
$1.1B
Q2 24
$7.6B
$1.1B
Total Assets
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
$20.1B
$2.4B
Q3 25
$21.1B
$2.3B
Q2 25
$21.0B
$2.1B
Q1 25
$21.3B
$2.1B
Q4 24
$25.8B
$2.1B
Q3 24
$26.7B
$2.0B
Q2 24
$26.3B
$2.0B
Debt / Equity
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
1.55×
0.14×
Q3 25
0.15×
Q2 25
0.08×
Q1 25
0.09×
Q4 24
1.49×
0.10×
Q3 24
1.33×
0.12×
Q2 24
1.37×
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAX
BAX
PSMT
PSMT
Operating Cash FlowLast quarter
$71.2M
Free Cash FlowOCF − Capex
$76.0M
$32.6M
FCF MarginFCF / Revenue
2.8%
2.4%
Capex IntensityCapex / Revenue
5.1%
2.8%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
$584.0M
$71.2M
Q3 25
$237.0M
$82.1M
Q2 25
$217.0M
$52.8M
Q1 25
$-193.0M
$87.9M
Q4 24
$488.0M
$38.5M
Q3 24
$253.0M
$41.8M
Q2 24
$115.0M
$38.1M
Free Cash Flow
BAX
BAX
PSMT
PSMT
Q1 26
$76.0M
Q4 25
$32.6M
Q3 25
$25.6M
Q2 25
$14.0M
Q1 25
$53.2M
Q4 24
$10.3M
Q3 24
$15.2M
Q2 24
$-308.0K
FCF Margin
BAX
BAX
PSMT
PSMT
Q1 26
2.8%
Q4 25
2.4%
Q3 25
1.9%
Q2 25
1.1%
Q1 25
3.9%
Q4 24
0.8%
Q3 24
1.2%
Q2 24
-0.0%
Capex Intensity
BAX
BAX
PSMT
PSMT
Q1 26
5.1%
Q4 25
2.8%
Q3 25
4.2%
Q2 25
2.9%
Q1 25
2.5%
Q4 24
2.2%
Q3 24
2.2%
Q2 24
3.1%
Cash Conversion
BAX
BAX
PSMT
PSMT
Q1 26
Q4 25
1.77×
Q3 25
2.60×
Q2 25
2.38×
1.50×
Q1 25
-1.53×
2.01×
Q4 24
1.03×
Q3 24
1.81×
1.44×
Q2 24
1.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAX
BAX

Segment breakdown not available.

PSMT
PSMT

Fresh Foods$454.9M33%
Caribbean Operations Segment$396.5M29%
Colombia Operations Segment$204.1M15%
Hardlines$162.6M12%
Softlines$99.8M7%
ship Income Member$24.5M2%
Health Services$14.5M1%
Other Revenue And Income$4.2M0%
United States Operations Segment$510.0K0%
Export Sales$359.0K0%

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