Fresenius Medical Care AG (FMCQF) FCF Payout Ratio (2009 - 2025)

Fresenius Medical Care AG (FMCQF) recorded quarterly FCF Payout Ratio of 0.6 in Q4 2025, up 253.22% quarter-over-quarter from 0.39 in Q2 2025, and down 9.24% on a YoY basis from 0.66 in Q4 2024.

Fresenius Medical Care AG (FMCQF) FCF Payout Ratio (2009 - 2025) Analysis & Trends

Fresenius Medical Care AG's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 0.6 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio fell 9.24% year-over-year to 0.6; the TTM figure through Dec 2025 stood at 0.13 (up 18.23% YoY), while the FY2025 annual figure was 0.12, up 3.8% from the prior year.
  • FCF Payout Ratio was 0.6 for Q4 2025 at Fresenius Medical Care AG, up from 0.39 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.99 in Q4 2022 to a low of 0.49 in Q2 2024.
  • Historically, FCF Payout Ratio has averaged 0.06 across 5 years, with a median of 0.21 in 2023.
  • The sharpest annual moves came in 2021 and 2023: FCF Payout Ratio plunged 357.29% in 2021, then soared 41.03% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.84 in 2021, then advanced by 17.88% to 0.99 in 2022, then plunged by 30.45% to 0.69 in 2023, then dropped by 4.42% to 0.66 in 2024, then slipped by 9.24% to 0.6 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.6 (Q4 2025), 0.39 (Q2 2025), and 0.21 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 0.21
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 0.13
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 0.39
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 0.38
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 0.04
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 0.04
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 0.60
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 0.11
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 0.00
10 Fresenius Medical Care AG - - -4.26 Bn 0.60

Historic Data

Download Data
DateValue
Dec 31, 2025 0.60
Jun 30, 2025 -0.39
Mar 31, 2025 -0.21
Dec 31, 2024 0.66
Jun 30, 2024 -0.49
Mar 31, 2024 -0.22
Dec 31, 2023 0.69
Jun 30, 2023 -0.21
Mar 31, 2023 -0.29
Dec 31, 2022 0.99
Jun 30, 2022 -0.36
Mar 31, 2022 -0.21
Dec 31, 2021 0.84
Jun 30, 2021 -0.29
Mar 31, 2021 -0.18
Dec 31, 2020 0.79
Sep 30, 2020 -0.13
Jun 30, 2020 -0.06
Mar 31, 2020 -0.07
Dec 31, 2019 0.64