Fresenius Medical Care AG (FMS) EBITDA (2009 - 2025)

Fresenius Medical Care AG (FMS) posted quarterly EBITDA of $4.4 billion for Q4 2025, up 24.02% year-over-year from $3.6 billion in Q4 2024, and up 696.77% on a QoQ basis from $557.1 million in Q3 2025.

Fresenius Medical Care AG (FMS) EBITDA (2009 - 2025) Analysis & Trends

Fresenius Medical Care AG (FMS) has reported EBITDA for 17 consecutive years, with $4.4 billion the latest figure, recorded in Q4 2025.

  • In Q4 2025, EBITDA rose 24.02% year-over-year to $4.4 billion; the TTM figure through Dec 2025 stood at $6.7 billion (up 7.76% YoY), while the FY2025 annual figure was $4.4 billion, up 20.51% from the prior year.
  • EBITDA came in at $4.4 billion for Q4 2025 at Fresenius Medical Care AG, up from $557.1 million in the prior quarter.
  • The five-year high for EBITDA was $4.4 billion in Q4 2025, with the low at $557.1 million in Q3 2025.
  • Average EBITDA over 5 years is $1.2 billion, with a median of $890.6 million recorded in 2024.
  • Across the five-year window, EBITDA jumped 289.48% in 2024 and sank 38.74% in 2025, its largest moves.
  • Year by year, EBITDA stood at $1.0 billion in 2021, then retreated by 14.74% to $864.1 million in 2022, then increased by 6.33% to $918.9 million in 2023, then surged by 289.48% to $3.6 billion in 2024, then grew by 24.02% to $4.4 billion in 2025.
  • According to Business Quant data, EBITDA over the past three periods registered $4.4 billion, $557.1 million, and $906.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -566.00 Mn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 98.88 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 1.30 Bn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 481.89 Mn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 59.70 Mn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 124.85 Mn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 502.86 Mn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 120.04 Mn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -34.14 Mn
10 Fresenius Medical Care AG - - 19.45 Bn 4.44 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 4.44 Bn
Sep 30, 2025 557.06 Mn
Jun 30, 2025 906.70 Mn
Mar 31, 2025 763.67 Mn
Dec 31, 2024 786.49 Mn
Sep 30, 2024 909.33 Mn
Jun 30, 2024 874.43 Mn
Mar 31, 2024 823.46 Mn
Dec 31, 2023 918.85 Mn
Sep 30, 2023 846.92 Mn
Jun 30, 2023 861.34 Mn
Mar 31, 2023 750.27 Mn
Dec 31, 2022 864.15 Mn
Sep 30, 2022 982.06 Mn
Jun 30, 2022 814.16 Mn
Mar 31, 2022 860.83 Mn
Dec 31, 2021 1.01 Bn
Sep 30, 2021 1.07 Bn
Jun 30, 2021 987.50 Mn
Mar 31, 2021 1.04 Bn