Baxter International (BAX) vs MiniMed Group (MMED)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Baxter International is the larger company by market cap ($12.36 billion vs $5.57 billion), about 2.2 times the size, while MiniMed Group is growing revenue faster (+14.3% vs +5.7%). On valuation, Baxter International trades at a lower forward P/E (11.7x vs 31.1x for MiniMed Group). Baxter International pays a dividend yielding 0.84%, while MiniMed Group does not currently pay one.
Baxter International converts more of its revenue into profit, with a net margin of -8.5% versus -10.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BAX | MMED |
|---|---|---|
| Share price | $23.90 | $19.80 |
| Market cap | $12.36B | $5.57B |
| 1-day change | -0.29% | +3.61% |
| YTD return | +25.07% | — |
| 1-year return | +5.05% | — |
| 5-year return | -70.01% | — |
| Forward P/E | 11.72 | 31.07 |
| EPS (TTM) | $-1.88 | $-1.59 |
| Dividend yield | 0.84% | 0.00% |
| Annual dividend | $0.20 | $0.00 |
| Revenue (latest FY) | $11.24B | $3.10B |
| Revenue growth (YoY) | +5.72% | +14.25% |
| Net income (latest FY) | $-957.00M | $-333.00M |
| Gross margin | 30.05% | 54.16% |
| Operating margin | -2.74% | -6.13% |
| Net margin | -8.51% | -10.74% |
| 52-week high | $30.00 | $24.43 |
| 52-week low | $15.73 | $10.65 |
| Distance from 52-week high | -20.33% | -18.95% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +16.82% | +24.70% |
| Average volume | 6.66M | 2.48M |
| Shares outstanding | 517.00M | 281.35M |
| Employees | 37,500 | 8,000 |
| Sector | Healthcare | Health Care |
| Industry | Medical Instruments & Supplies | Medical/Dental Instruments |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Baxter International is about 2.2 times larger than MiniMed Group by market value ($12.36B vs $5.57B).
- MiniMed Group grew revenue faster in its latest fiscal year (+14.25% vs +5.72%).
- The two companies sit in different sectors: Baxter International in Healthcare and MiniMed Group in Health Care.
About Baxter International
BAX stock →Baxter International Inc., through its subsidiaries, provides a portfolio of healthcare products in the United States. The company operates through three segments: Medical Products & Therapies, Healthcare Systems & Technologies, and Pharmaceuticals.
Healthcare · Medical Instruments & Supplies · 37,500 employees
About MiniMed Group
MMED stock →MiniMed Group, Inc. operates as a medical technology company that develops, manufactures, and markets medical equipment for the management of diabetes.
Health Care · Medical/Dental Instruments · 8,000 employees
BAX vs MMED FAQ
Which is bigger, Baxter International or MiniMed Group?
Baxter International (BAX) is larger, with a market capitalization of $12.36B compared with $5.57B for MiniMed Group (MMED).
Which pays a higher dividend, Baxter International or MiniMed Group?
Baxter International pays a dividend yielding 0.84%, while MiniMed Group does not currently pay a regular dividend.
Are Baxter International and MiniMed Group in the same industry?
No. Baxter International is in the Healthcare sector, while MiniMed Group is in Health Care.