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Bausch Health Companies Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 2.8B 2.7B 2.5B 2.3B 2.6B
Operating Revenue 2.8B 2.7B 2.5B 2.2B 2.5B
Cost Of Revenue 798.0M 750.0M 764.0M 701.0M 727.0M
Gross Profit 2.0B 1.9B 1.8B 1.6B 1.8B
Selling General And Administration 882.0M 795.0M 894.0M 867.0M 820.0M
Research And Development 51.0M 247.0M 159.0M 143.0M 145.0M
Depreciation And Amortization In Income Statement 236.0M 253.0M 256.0M 256.0M 259.0M
Operating Expense 1.2B 1.3B 1.3B 1.3B 1.2B
Operating Income 829.0M 636.0M 457.0M 292.0M 608.0M
EBIT 453.0M 630.0M 605.0M 283.0M 546.0M
Interest Expense 397.0M 412.0M 465.0M 330.0M 337.0M
Interest Expense Non Operating 397.0M 412.0M 465.0M 330.0M 337.0M
Interest Income 9.0M 15.0M 13.0M 11.0M 9.0M
Interest Income Non Operating 9.0M 15.0M 13.0M 11.0M 9.0M
Net Interest Income -388.0M -397.0M -452.0M -319.0M -328.0M
Other Income Expense -385.0M -21.0M 135.0M -20.0M -71.0M
Other Non Operating Income Expenses -- -- -1.0M -- --
Special Income Charges -374.0M -14.0M 166.0M -16.0M -50.0M
Restructuring And Mergern Acquisition 68.0M -13.0M 4.0M -9.0M 4.0M
Gain On Sale Of Security -11.0M -7.0M -30.0M -4.0M -21.0M
Pretax Income 56.0M 218.0M 140.0M -47.0M 209.0M
Tax Provision 159.0M 37.0M 12.0M 39.0M 111.0M
Tax Effect Of Unusual Items -57.8M -3.6M 11.7M -3.0M -10.7M
Net Income From Continuing And Discontinued Operation -112.0M 179.0M 148.0M -58.0M 93.0M
Net Income From Continuing Operation Net Minority Interest -112.0M 179.0M 148.0M -58.0M 93.0M
Net Income Including Noncontrolling Interests -103.0M 181.0M 128.0M -86.0M 98.0M
Minority Interests -9.0M -2.0M 20.0M 28.0M -5.0M
Net Income Common Stockholders -112.0M 179.0M 148.0M -58.0M 93.0M
Net Income -112.0M 179.0M 148.0M -58.0M 93.0M
EBITDA 743.0M 936.0M 912.0M 588.0M 853.0M
Normalized EBITDA 1.1B 957.0M 776.0M 608.0M 924.0M
Reconciled Depreciation 290.0M 306.0M 307.0M 305.0M 307.0M
Basic EPS -0.30 -- 0.40 -0.16 0.25
Diluted EPS -0.30 -- 0.40 -0.16 0.25
Basic Average Shares 373.3M -- 370.9M 362.5M 372.0M
Diluted Average Shares 373.3M -- 373.1M 362.5M 372.0M
Total Unusual Items -385.0M -21.0M 136.0M -20.0M -71.0M
Total Unusual Items Excluding Goodwill -385.0M -21.0M 136.0M -20.0M -71.0M
Tax Rate For Calcs 0.15 0.17 0.09 0.15 0.15
Normalized Income 215.2M 196.4M 23.7M -41.0M 153.3M
Amortization 236.0M 253.0M 256.0M 256.0M 259.0M
Amortization Of Intangibles Income Statement 236.0M 253.0M 256.0M 256.0M 259.0M
Depreciation Amortization Depletion Income Statement 236.0M 253.0M 256.0M 256.0M 259.0M
Diluted NI Availto Com Stockholders -112.0M 179.0M 148.0M -58.0M 93.0M
Gain On Sale Of Ppe 0.00 6.0M 0.00 0.00 0.00
Impairment Of Capital Assets 152.0M 1.0M 0.00 0.00 23.0M
Net Income Continuous Operations -103.0M 181.0M 128.0M -86.0M 98.0M
Net Non Operating Interest Income Expense -388.0M -397.0M -452.0M -319.0M -328.0M
Other Special Charges 154.0M 32.0M -170.0M 25.0M 23.0M
Reconciled Cost Of Revenue 744.0M 697.0M 713.0M 652.0M 679.0M
Total Expenses 2.0B 2.0B 2.1B 2.0B 2.0B
Total Operating Income As Reported 474.0M 619.0M 444.0M 276.0M 558.0M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 1.3B 1.3B 1.7B 1.1B 1.2B
Cash Cash Equivalents And Short Term Investments 1.3B 1.3B 1.7B 1.1B 1.2B
Accounts Receivable 2.4B 2.4B 2.2B 2.1B 2.1B
Receivables 2.4B 2.4B 2.2B 2.1B 2.1B
Inventory 1.6B 1.6B 1.7B 1.6B 1.6B
Other Current Assets 852.0M 894.0M 906.0M 890.0M 838.0M
Current Assets 6.2B 6.2B 6.5B 5.7B 5.8B
Gross PPE 4.5B -- -- -- 3.9B
Accumulated Depreciation -2.4B -- -- -- -2.1B
Net PPE 2.1B 2.0B 2.0B 1.9B 1.8B
Goodwill 11.3B 11.3B 11.3B 11.2B 11.1B
Goodwill And Other Intangible Assets 15.9B 16.1B 16.3B 16.4B 16.6B
Other Intangible Assets 4.6B 4.8B 5.0B 5.3B 5.6B
Other Non Current Assets 378.0M 382.0M 388.0M 380.0M 363.0M
Total Non Current Assets 20.2B 20.6B 20.8B 20.7B 20.7B
Total Assets 26.4B 26.8B 27.3B 26.4B 26.5B
Current Debt 225.0M 579.0M 879.0M 282.0M 2.7B
Current Debt And Capital Lease Obligation 236.0M 579.0M 879.0M 282.0M 2.7B
Accounts Payable 600.0M 616.0M 627.0M 620.0M 589.0M
Payables 638.0M 740.0M 731.0M 696.0M 652.0M
Payables And Accrued Expenses 2.6B 2.9B 2.7B 2.6B 2.6B
Current Accrued Expenses 1.9B 2.2B 2.0B 1.9B 2.0B
Other Current Liabilities 999.0M 952.0M 1.0B 1.1B 1.1B
Current Liabilities 4.2B 4.8B 5.0B 4.3B 6.8B
Long Term Debt 20.6B 20.5B 20.9B 21.2B 18.9B
Long Term Debt And Capital Lease Obligation 20.6B 20.5B 20.9B 21.2B 18.9B
Long Term Capital Lease Obligation 23.0M -- -- -- 0.00
Other Non Current Liabilities 1.0B 1.1B 1.1B 1.0B 1.0B
Total Non Current Liabilities Net Minority Interest 21.8B 21.7B 22.1B 22.4B 20.1B
Total Liabilities Net Minority Interest 26.0B 26.5B 27.1B 26.7B 26.8B
Common Stock 10.5B 10.5B 10.5B 10.5B 10.5B
Capital Stock 10.5B 10.5B 10.5B 10.5B 10.5B
Additional Paid In Capital 357.0M 275.0M 250.0M 220.0M 234.0M
Retained Earnings -9.7B -9.6B -9.7B -9.9B -9.8B
Gains Losses Not Affecting Retained Earnings -1.8B -1.8B -1.8B -2.0B -2.2B
Other Equity Adjustments -- -1.8B -1.8B -2.0B --
Common Stock Equity -554.0M -565.0M -764.0M -1.2B -1.3B
Stockholders Equity -554.0M -565.0M -764.0M -1.2B -1.3B
Total Equity Gross Minority Interest 377.0M 356.0M 147.0M -240.0M -322.0M
Minority Interest 931.0M 921.0M 911.0M 943.0M 957.0M
Total Capitalization 20.0B 19.9B 20.1B 20.0B 17.7B
Net Tangible Assets -16.5B -16.7B -17.1B -17.6B -17.9B
Tangible Book Value -16.5B -16.7B -17.1B -17.6B -17.9B
Working Capital 2.0B 1.5B 1.5B 1.5B -978.0M
Invested Capital 20.3B 20.5B 21.0B 20.3B 20.3B
Total Debt 20.9B 21.0B 21.7B 21.5B 21.6B
Net Debt 19.5B 19.7B 20.0B 20.4B 20.4B
Share Issued 370.5M 370.5M 369.7M 369.5M 367.8M
Ordinary Shares Number 370.5M 370.5M 369.7M 369.5M 367.8M
Allowance For Doubtful Accounts Receivable -31.0M -30.0M -28.0M -29.0M -30.0M
Buildings And Improvements 962.0M -- -- -- 817.0M
Capital Lease Obligations 34.0M -- -- -- 0.00
Construction In Progress 569.0M -- -- -- 508.0M
Current Capital Lease Obligation 11.0M -- -- -- 0.00
Finished Goods 963.0M 967.0M 1.0B 965.0M 947.0M
Gross Accounts Receivable 2.4B 2.4B 2.2B 2.1B 2.2B
Income Tax Payable 38.0M 124.0M 104.0M 76.0M 63.0M
Interest Payable 253.0M 361.0M 279.0M 235.0M 217.0M
Land And Improvements 73.0M -- -- -- 69.0M
Leases 396.0M -- -- -- 362.0M
Machinery Furniture Equipment 2.4B -- -- -- 2.1B
Non Current Deferred Assets 1.8B 2.0B 2.0B 2.0B 2.0B
Non Current Deferred Liabilities 147.0M 145.0M 144.0M 134.0M 128.0M
Non Current Deferred Taxes Assets 1.8B 2.0B 2.0B 2.0B 2.0B
Non Current Deferred Taxes Liabilities 147.0M 145.0M 144.0M 134.0M 128.0M
Other Current Borrowings 225.0M -- -- -- 2.7B
Other Properties 112.0M -- -- -- 97.0M
Pensionand Other Post Retirement Benefit Plans Current 385.0M 345.0M 331.0M 280.0M 348.0M
Properties 0.00 -- -- -- 0.00
Raw Materials 564.0M 535.0M 538.0M 538.0M 540.0M
Restricted Cash 16.0M 32.0M 16.0M 23.0M 20.0M
Total Tax Payable 38.0M 124.0M 104.0M 76.0M 63.0M
Treasury Shares Number -- -- -- -- --
Work In Process 102.0M 96.0M 96.0M 110.0M 108.0M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 495.0M 405.0M 289.0M 211.0M 601.0M
Cash Flow From Continuing Operating Activities 495.0M 405.0M 289.0M 211.0M 601.0M
Depreciation And Amortization 290.0M 306.0M 307.0M 305.0M 307.0M
Depreciation Amortization Depletion 290.0M 306.0M 307.0M 305.0M 307.0M
Stock Based Compensation 84.0M 43.0M 46.0M 43.0M 43.0M
Deferred Tax 155.0M -24.0M -42.0M -9.0M 170.0M
Deferred Income Tax 155.0M -24.0M -42.0M -9.0M 170.0M
Change In Working Capital -192.0M -53.0M 91.0M -65.0M -116.0M
Changes In Account Receivables 65.0M -218.0M -91.0M 110.0M -104.0M
Change In Receivables 65.0M -218.0M -91.0M 110.0M -104.0M
Change In Inventory -5.0M 16.0M 7.0M -30.0M -49.0M
Change In Payables And Accrued Expense -284.0M 144.0M 163.0M -99.0M 24.0M
Change In Payable -- -- 163.0M -99.0M --
Other Non Cash Items 62.0M -55.0M -49.0M 2.0M 24.0M
Capital Expenditure -92.0M -91.0M -100.0M -124.0M -107.0M
Purchase Of PPE -92.0M -91.0M -99.0M -115.0M -106.0M
Net PPE Purchase And Sale -92.0M -91.0M -99.0M -115.0M -106.0M
Purchase Of Business -187.0M -5.0M -- -- -91.0M
Purchase Of Investment -5.0M -1.0M 11.0M -16.0M -5.0M
Sale Of Investment 2.0M 1.0M 1.0M 4.0M 3.0M
Net Investment Purchase And Sale -3.0M 0.00 12.0M -12.0M -2.0M
Investing Cash Flow -282.0M -83.0M -100.0M -130.0M -200.0M
Cash Flow From Continuing Investing Activities -282.0M -83.0M -100.0M -130.0M -200.0M
Issuance Of Debt 133.0M -1.0M 10.4B 50.0M 506.0M
Repayment Of Debt -352.0M -704.0M -10.0B -168.0M -411.0M
Net Issuance Payments Of Debt -219.0M -705.0M 405.0M -118.0M 95.0M
Financing Cash Flow -235.0M -719.0M 358.0M -146.0M 85.0M
Cash Flow From Continuing Financing Activities -235.0M -719.0M 358.0M -146.0M 85.0M
Effect Of Exchange Rate Changes 7.0M -6.0M 39.0M 21.0M -35.0M
Changes In Cash -22.0M -397.0M 547.0M -65.0M 486.0M
Beginning Cash Position 1.3B 1.7B 1.2B 1.2B 750.0M
End Cash Position 1.3B 1.3B 1.7B 1.2B 1.2B
Free Cash Flow 403.0M 314.0M 189.0M 87.0M 494.0M
Amortization Cash Flow 290.0M 306.0M 307.0M 305.0M 307.0M
Amortization Of Intangibles 290.0M 306.0M 307.0M 305.0M 307.0M
Asset Impairment Charge 152.0M 1.0M 0.00 0.00 23.0M
Cash Dividends Paid -- 0.00 0.00 0.00 --
Change In Account Payable -- -- 163.0M -99.0M --
Change In Prepaid Assets 32.0M 5.0M 12.0M -46.0M 13.0M
Gain Loss On Investment Securities -2.0M -2.0M -3.0M -3.0M -3.0M
Interest Paid Cff -- -2.0M -31.0M -5.0M --
Interest Received Cfi 0.00 6.0M 0.00 6.0M 0.00
Long Term Debt Issuance 133.0M -1.0M 10.4B 50.0M 506.0M
Long Term Debt Payments -352.0M -704.0M -10.0B -168.0M -411.0M
Net Business Purchase And Sale -187.0M -5.0M -- -- -91.0M
Net Foreign Currency Exchange Gain Loss 7.0M 5.0M -21.0M -2.0M 36.0M
Net Income From Continuing Operations -103.0M 181.0M 128.0M -86.0M 98.0M
Net Intangibles Purchase And Sale 0.00 0.00 -1.0M -9.0M -1.0M
Net Long Term Debt Issuance -219.0M -705.0M 405.0M -118.0M 95.0M
Net Other Financing Charges -54.0M -12.0M -16.0M -23.0M -17.0M
Net Other Investing Changes 0.00 -- -- -- 0.00
Operating Gains Losses 24.0M -6.0M -202.0M -5.0M 33.0M
Provisionand Write Offof Assets 23.0M 12.0M 10.0M 26.0M 19.0M
Purchase Of Intangibles 0.00 0.00 -1.0M -9.0M -1.0M
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