First-Quarter 2022 Earnings
Key Financial Metrics
First-Quarter 2022 Snapshot¹
Global Reported Sales
$2.9B
Q1 2021
Baxter
$3.7B
+3% Operational
Growth²
Q1 2022
Adjusted Operating Margin
17.0%
18.0%
+100 bps
Q1 2021
Q1 2022
Adjusted Diluted EPS
$0.76
$0.93
+22%
Q1 2021
Q1 2022
¹Non-GAAP financial metrics referenced in this slide include operational sales growth, adjusted operating margin, and adjusted diluted EPS. A reconciliation to comparable U.S. GAAP measures can
be found herein and is available at www.baxter.com. 2Q1 2022 operational sales growth excludes the impact of foreign exchange of approximately (3%), 7
and the acquisition of Hillrom of approximately 26%; U.S. GAAP sales growth for the period was approximately 26% compared to Q1 2021.View entire presentation