Fresenius Medical Care AG (FMCQF) Return on Capital Employed (2009 - 2025)

Fresenius Medical Care AG (FMCQF) recorded quarterly Return on Capital Employed of 12.19% in Q4 2025, up 23.09% quarter-over-quarter from 9.9% in Q3 2025, and up 304.0% on a YoY basis from 3.02% in Q4 2024.

Fresenius Medical Care AG (FMCQF) Return on Capital Employed (2009 - 2025) Analysis & Trends

Fresenius Medical Care AG's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 12.19% for Q4 2025.

  • In Q4 2025, Return on Capital Employed rose 304.0% year-over-year to 12.19%; the TTM figure through Dec 2025 stood at 12.19% (up 304.0% YoY), while the FY2025 annual figure was 7.41%, up 247.0% from the prior year.
  • Return on Capital Employed was 12.19% for Q4 2025 at Fresenius Medical Care AG, up from 9.9% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 42.02% in Q1 2021 to a low of 8.03% in Q4 2023.
  • Historically, Return on Capital Employed has averaged 14.97% across 5 years, with a median of 10.15% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Return on Capital Employed sank 1376 bps in 2024, then soared 304 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 32.52% in 2021, then sank by 33 bps to 21.68% in 2022, then tumbled by 63 bps to 8.03% in 2023, then climbed by 14 bps to 9.15% in 2024, then soared by 33 bps to 12.19% in 2025.
  • The last three Return on Capital Employed figures came in at 12.19% (Q4 2025), 9.9% (Q3 2025), and 9.91% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -18.08%
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 15.90%
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 14.27%
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn -2.33%
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 9.57%
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 16.52%
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 12.19%
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 26.99%
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 8.38%
10 Fresenius Medical Care AG - - -4.26 Bn 12.19%

Historic Data

Download Data
DateValue
Dec 31, 2025 12.19%
Sep 30, 2025 9.90%
Jun 30, 2025 9.91%
Mar 31, 2025 9.52%
Dec 31, 2024 9.15%
Sep 30, 2024 9.13%
Jun 30, 2024 8.36%
Mar 31, 2024 8.23%
Dec 31, 2023 8.03%
Sep 30, 2023 8.21%
Jun 30, 2023 8.70%
Mar 31, 2023 21.99%
Dec 31, 2022 21.68%
Sep 30, 2022 10.40%
Jun 30, 2022 11.05%
Mar 31, 2022 29.26%
Dec 31, 2021 32.52%
Sep 30, 2021 14.29%
Jun 30, 2021 14.77%
Mar 31, 2021 42.02%