Fresenius Medical Care AG (FMS) EBITDA (2009 - 2026)
Fresenius Medical Care AG (FMS) recorded EBITDA of $940 million in the quarter ended Sep 30, 2026, down 3.7% from $975.83 million a year earlier and down 1.7% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Fresenius Medical Care AG's EBITDA came in at $2.65 billion as of Sep 30, 2026, down 22.3% year-over-year; for the year ended Dec 31, 2025, it came in at $3.76 billion, up 10.8% from the prior year.
- Annual EBITDA has a five-year compound annual growth rate of -4.3% (years ended Dec 2020 to Dec 2025).
- Across earlier years, EBITDA came in at $3.39 billion in the year ended Dec 31, 2024 (+0.5%), $3.38 billion in the year ended Dec 31, 2023 (-4.4%), $3.53 billion in the year ended Dec 31, 2022 (-14.2%) and $4.11 billion in the year ended Dec 31, 2021 (-12.0%).
- Quarterly EBITDA has ranged from -$119.46 million in the quarter ended Dec 31, 2025 to $1.01 billion in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, EBITDA rose in four of the last seven quarters, with growth averaging 0.8%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 17.5% in the quarter ended Sep 30, 2024, against a decline of 18.5% in the quarter ended Dec 31, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $956.64 million (quarter ended Jun 30, 2026), $877.05 million (quarter ended Mar 31, 2026) and -$119.46 million (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 3.94 Bn |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -46.36 Mn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 585.10 Mn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 626.00 Mn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 1.97 Bn |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -122.59 Mn |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | - |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 201.41 Mn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 385.70 Mn |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn | 851.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 940.00 Mn |
| Jun 30, 2026 | 956.64 Mn |
| Mar 31, 2026 | 877.05 Mn |
| Dec 31, 2025 | -119.46 Mn |
| Sep 30, 2025 | 975.83 Mn |
| Jun 30, 2025 | 891.21 Mn |
| Mar 31, 2025 | 763.41 Mn |
| Dec 31, 2024 | 786.38 Mn |
| Sep 30, 2024 | 916.78 Mn |
| Jun 30, 2024 | 870.72 Mn |
| Mar 31, 2024 | 823.96 Mn |
| Dec 31, 2023 | 918.40 Mn |
| Sep 30, 2023 | 780.37 Mn |
| Jun 30, 2023 | 830.51 Mn |
| Mar 31, 2023 | 750.00 Mn |
| Dec 31, 2022 | 863.75 Mn |
| Sep 30, 2022 | 921.85 Mn |
| Jun 30, 2022 | 813.66 Mn |
| Mar 31, 2022 | 860.41 Mn |
| Dec 31, 2021 | 1.01 Bn |
API Access
Fresenius Medical Care AG EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "FMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();