Fresenius Medical Care AG (FMCQF) Gross Margin (2009 - 2026)
Fresenius Medical Care AG (FMCQF) posted Gross Margin of 26.95% for Q2 2026, up 5.39% on a QoQ basis from 25.57% in Q1 2026, and up 161.0% year-over-year from 10.33% in Q2 2025.
Analysis
Fresenius Medical Care AG (FMCQF) Gross Margin (2009 - 2026) Analysis & Trends
Fresenius Medical Care AG has reported Gross Margin for 18 years, with the latest figure at 26.95% in Q2 2026.
- On a quarterly basis, Gross Margin rose 161.0% year-over-year to 26.95% in Q2 2026; TTM through Jun 2026 was 52.74%, a 1186.0% decrease from a year earlier, with the FY2025 full-year figure at 25.62%, up 102.0% from the prior year.
- Gross Margin was 26.95% for Q2 2026 at Fresenius Medical Care AG, up from 25.57% in the prior quarter.
- The five-year high for Gross Margin was 95.18% in Q4 2024, with the low at 24.08% in Q3 2024.
- Average Gross Margin over 5 years is 36.5%, with a median of 25.5% recorded in 2025.
- The largest YoY upside for Gross Margin was 5770 bps in 2023 against a maximum downside of 349 bps in 2023.
- Over 5 years, Gross Margin stood at 26.98% in 2022, then surged by 214 bps to 84.68% in 2023, then climbed by 12 bps to 95.18% in 2024, then decreased by 3 bps to 92.55% in 2025, then slumped by 71 bps to 26.95% in 2026.
- The last three Gross Margin figures came in at 26.95% (Q2 2026), 25.57% (Q1 2026), and 92.55% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.74 Bn | 11.05 Bn | 1.16 Bn | 32.70% |
| 2 | RadNet | 5.78 Bn | 5.06 Bn | 88.08 Mn | 14.14% |
| 3 | Fresenius Medical Care AG | 4.79 Bn | 4.09 Bn | 1.52 Bn | 26.95% |
| 4 | Concentra Group Holdings Parent | 4.28 Bn | 4.12 Bn | 192.10 Mn | 31.70% |
| 5 | Privia Health | 2.57 Bn | 2.16 Bn | - | - |
| 6 | Progyny | 2.12 Bn | 1.88 Bn | 89.30 Mn | 25.48% |
| 7 | Pediatrix Medical | 2.12 Bn | 1.71 Bn | - | - |
| 8 | Surgery Partners | 1.82 Bn | 1.60 Bn | 622.10 Mn | 73.28% |
| 9 | U S Physical Therapy | 1.17 Bn | 1.15 Bn | 41.94 Mn | 19.59% |
| 10 | Evolent Health | 468.74 Mn | 327.27 Mn | 80.84 Mn | 12.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.95% |
| Mar 31, 2026 | 25.57% |
| Dec 31, 2025 | 92.55% |
| Sep 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.34% |
| Mar 31, 2025 | 24.25% |
| Dec 31, 2024 | 95.18% |
| Sep 30, 2024 | 24.08% |
| Jun 30, 2024 | 24.47% |
| Mar 31, 2024 | 24.85% |
| Dec 31, 2023 | 84.68% |
| Sep 30, 2023 | 24.90% |
| Jun 30, 2023 | 24.81% |
| Mar 31, 2023 | 24.43% |
| Dec 31, 2022 | 26.98% |
| Sep 30, 2022 | 26.66% |
| Jun 30, 2022 | 28.30% |
| Mar 31, 2022 | 27.66% |
| Dec 31, 2021 | 28.38% |
| Sep 30, 2021 | 28.53% |