Fresenius Medical Care AG (FMS) Debt Ratio (2009 - 2025)
Fresenius Medical Care AG (FMS) posted Debt Ratio of 0.24 for Q4 2025, up 14.28% on a QoQ basis from 0.21 in Q3 2025, and up 15.43% year-over-year from 0.2 in Q4 2024.
Fresenius Medical Care AG (FMS) has 17 years of Debt Ratio data on file, last reported at 0.24 in 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 rose to 0.24 in Q4 2025, from 0.21 in the prior quarter.
- Across five years, Debt Ratio topped out at 183.79 in Q4 2022 and bottomed at 0.19 in Q1 2021.
- A 5-year average of 16.59 and a median of 0.2 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio surged 248.49% — and 2023, when it sank 99.88%.
- Year by year, Debt Ratio stood at 144.34 in 2021, then climbed by 27.33% to 183.79 in 2022, then sank 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 | 84.64 Bn | 87.02 Bn | 16.26 Bn | 0.78 |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 0.42 |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 0.61 |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 0.35 |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 0.03 |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 0.30 |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.24 |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 0.06 |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 0.01 |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.21 |
| 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 |
| Dec 31, 2020 | 41.42 |
| Sep 30, 2020 | 0.21 |
| Jun 30, 2020 | 0.18 |
| Mar 31, 2020 | 0.17 |
| Dec 31, 2019 | 43.18 |
| Sep 30, 2019 | 0.19 |
| Jun 30, 2019 | 0.19 |
| Mar 31, 2019 | 0.18 |
| Dec 31, 2018 | 0.23 |
| Sep 30, 2018 | 0.20 |
| Jun 30, 2018 | 0.22 |
| Mar 31, 2018 | 0.00 |
| Dec 31, 2017 | 0.28 |
| Sep 30, 2017 | 0.24 |
| Jun 30, 2017 | 0.26 |
| Mar 31, 2017 | -0.02 |
| Dec 31, 2016 | 0.30 |
| Sep 30, 2016 | 0.30 |
| Jun 30, 2016 | -0.20 |
| Mar 31, 2016 | 0.00 |
| Dec 31, 2015 | 14.09 |
| Sep 30, 2015 | 0.35 |
| Jun 30, 2015 | -0.16 |
| Mar 31, 2015 | 0.35 |
| Dec 31, 2014 | 0.37 |
| Sep 30, 2014 | 0.36 |
| Jun 30, 2014 | 0.36 |
| Mar 31, 2014 | 0.36 |
| Dec 31, 2013 | 0.36 |
| Sep 30, 2013 | 0.37 |
| Jun 30, 2013 | 0.37 |
| Mar 31, 2013 | 0.36 |
| Dec 31, 2012 | 0.37 |
| Sep 30, 2012 | 0.38 |
| Jun 30, 2012 | 0.40 |
| Mar 31, 2012 | 0.40 |
| Dec 31, 2011 | 0.36 |
| Sep 30, 2011 | 0.35 |
| Jun 30, 2011 | 0.32 |
| Dec 31, 2010 | 0.27 |
| Sep 30, 2010 | 0.27 |
| Mar 31, 2010 | 0.29 |
| Dec 31, 2009 | 0.31 |
| Jun 30, 2009 | 0.31 |