Fresenius Medical Care AG (FMS) Debt Ratio (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Debt Ratio of 0.24 in Q4 2025, up 14.28% quarter-over-quarter from 0.21 in Q3 2025, and up 15.43% on a YoY basis from 0.2 in Q4 2024.
Fresenius Medical Care AG (FMS) Debt Ratio (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.24 for Q4 2025.
- In Q4 2025, Debt Ratio rose 15.43% year-over-year to 0.24; the TTM figure through Dec 2025 stood at 0.24 (up 15.43% YoY), while the FY2025 annual figure was 0.24, up 15.43% from the prior year.
- Debt Ratio was 0.24 for Q4 2025 at Fresenius Medical Care AG, up from 0.21 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 183.79 in Q4 2022 to a low of 0.19 in Q1 2025.
- Historically, Debt Ratio has averaged 16.59 across 5 years, with a median of 0.2 in 2023.
- The sharpest annual moves came in 2021 and 2023: Debt Ratio jumped 248.49% in 2021, then sank 99.88% in 2023.
- A 5-year view of Debt Ratio shows it stood at 144.34 in 2021, then climbed by 27.33% to 183.79 in 2022, then tumbled by 99.88% to 0.22 in 2023, then fell by 7.21% to 0.2 in 2024, then gained by 15.43% to 0.24 in 2025.
- The last three Debt Ratio figures came in at 0.24 (Q4 2025), 0.21 (Q3 2025), and 0.2 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 0.78 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 0.42 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 0.61 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 0.35 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 0.03 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 0.30 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 0.24 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 0.06 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 0.01 |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 183.79 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.20 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 144.34 |
| Sep 30, 2021 | 0.19 |
| Jun 30, 2021 | 0.20 |
| Mar 31, 2021 | 0.19 |