Fresenius Medical Care AG (FMS) EBITDA Margin (2009 - 2026)

Fresenius Medical Care AG (FMS) posted quarterly EBITDA Margin of 6.21% for Q1 2026, up 455.0% year-over-year from 1.12% in Q1 2025, and down 67.47% quarter-over-quarter from 19.07% in Q4 2025.

Fresenius Medical Care AG (FMS) EBITDA Margin (2009 - 2026) Analysis & Trends

Fresenius Medical Care AG's EBITDA Margin history runs 18 years deep, the most recent figure standing at 6.21% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 455.0% year-over-year to 6.21%; the TTM figure through Mar 2026 stood at 13.03% (up 476.0% YoY), while the FY2025 annual figure was 19.04%, up 157.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 6.21%, down from 19.07% in the prior quarter.
  • The five-year high for EBITDA Margin was 23.86% in Q3 2022, with the low at 1.34% in Q4 2023.
  • The 5-year median for EBITDA Margin is 16.72% (2025), against an average of 13.01%.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 1643 bps in 2022, then plunged 2280 bps in 2023.
  • Fresenius Medical Care AG's EBITDA Margin stood at 21.46% in 2022, then tumbled by 106 bps to 1.34% in 2023, then soared by 1178 bps to 14.47% in 2024, then soared by 32 bps to 19.07% in 2025, then plunged by 67 bps to 6.21% in 2026.
  • Business Quant data shows FMS's EBITDA Margin at 6.21% in Q1 2026, 19.07% in Q4 2025, and 9.75% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn -12.60%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 26.67%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 2.10%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 16.29%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 8.50%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 11.14%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 7.66%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 13.25%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 18.99%
10 Fresenius Medical Care AG 2.11 Bn 422.92 Mn 1.52 Bn 9.58%

Historic Data

Download Data
DateValue
Jun 30, 2026 9.58%
Mar 31, 2026 6.21%
Dec 31, 2025 19.07%
Sep 30, 2025 9.75%
Jun 30, 2025 16.72%
Mar 31, 2025 1.66%
Dec 31, 2024 14.47%
Sep 30, 2024 -0.27%
Jun 30, 2024 17.04%
Mar 31, 2024 0.30%
Dec 31, 2023 -1.34%
Sep 30, 2023 15.76%
Jun 30, 2023 20.66%
Mar 31, 2023 18.83%
Dec 31, 2022 21.46%
Sep 30, 2022 23.86%
Jun 30, 2022 20.17%
Mar 31, 2022 16.86%
Dec 31, 2021 5.03%
Sep 30, 2021 25.69%