Fresenius Medical Care AG (FMS) EBITDA (2009 - 2025)
Fresenius Medical Care AG (FMS) posted EBITDA of $4.4 billion for Q4 2025, up 696.77% on a QoQ basis from $557.1 million in Q3 2025, and up 24.02% year-over-year from $3.6 billion in Q4 2024.
Fresenius Medical Care AG (FMS) has 17 years of EBITDA data on file, last reported at $4.4 billion 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 rose to $4.4 billion in Q4 2025, from $557.1 million in the prior quarter.
- Across five years, EBITDA topped out at $4.4 billion in Q4 2025 and bottomed at $557.1 million in Q3 2025.
- A 5-year average of $1.2 billion and a median of $890.6 million in 2024 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2024 — EBITDA surged 289.48% — and 2025, when it plunged 38.74%.
- Year by year, EBITDA stood at $1.0 billion in 2021, then dropped by 14.74% to $864.1 million in 2022, then advanced by 6.33% to $918.9 million in 2023, then surged by 289.48% to $3.6 billion in 2024, then gained by 24.02% to $4.4 billion in 2025.
- The last three EBITDA figures came in at $4.4 billion (Q4 2025), $557.1 million (Q3 2025), and $906.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -566.00 Mn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 1.30 Bn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 481.89 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 59.70 Mn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 124.85 Mn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 502.86 Mn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 4.44 Bn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 98.88 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 120.04 Mn |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 44.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 3.58 Bn |
| 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 |
| Dec 31, 2020 | 1.24 Bn |
| Sep 30, 2020 | 1.20 Bn |
| Jun 30, 2020 | 1.17 Bn |
| Mar 31, 2020 | 1.06 Bn |
| Dec 31, 2019 | 1.16 Bn |
| Sep 30, 2019 | 1.12 Bn |
| Jun 30, 2019 | 1.02 Bn |
| Mar 31, 2019 | 1.02 Bn |
| Dec 31, 2018 | 991.87 Mn |
| Sep 30, 2018 | 821.17 Mn |
| Jun 30, 2018 | 1.89 Bn |
| Mar 31, 2018 | 825.57 Mn |
| Dec 31, 2017 | 825.38 Mn |
| Sep 30, 2017 | 923.60 Mn |
| Jun 30, 2017 | 845.55 Mn |
| Mar 31, 2017 | 896.01 Mn |
| Dec 31, 2016 | 990.00 Mn |
| Sep 30, 2016 | -1.46 Bn |
| Jun 30, 2016 | 391.43 Mn |
| Mar 31, 2016 | 722.00 Mn |
| Dec 31, 2015 | 843.00 Mn |
| Sep 30, 2015 | 793.00 Mn |
| Jun 30, 2015 | -722.05 Mn |
| Mar 31, 2015 | 680.00 Mn |
| Dec 31, 2014 | 849.00 Mn |
| Sep 30, 2014 | -1.18 Bn |
| Jun 30, 2014 | 725.00 Mn |
| Mar 31, 2014 | -283.48 Mn |
| Dec 31, 2013 | 830.00 Mn |
| Sep 30, 2013 | 792.61 Mn |
| Jun 30, 2013 | 703.00 Mn |
| Mar 31, 2013 | 650.00 Mn |
| Dec 31, 2012 | 716.00 Mn |
| Sep 30, 2012 | 719.85 Mn |
| Jun 30, 2012 | 739.70 Mn |
| Mar 31, 2012 | 646.34 Mn |
| Dec 31, 2011 | 730.12 Mn |
| Sep 30, 2011 | 675.16 Mn |
| Jun 30, 2011 | 698.40 Mn |
| Mar 31, 2011 | 581.07 Mn |
| Dec 31, 2010 | 672.71 Mn |
| Sep 30, 2010 | 617.21 Mn |
| Jun 30, 2010 | 587.47 Mn |
| Mar 31, 2010 | 549.64 Mn |
| Dec 31, 2009 | 613.74 Mn |
| Sep 30, 2009 | 569.62 Mn |
| Jun 30, 2009 | 528.01 Mn |
| Mar 31, 2009 | 501.31 Mn |