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.
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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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | -12.60% |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 26.67% |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 2.10% |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 16.29% |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 11.14% |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 8.50% |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 15.37% |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 7.66% |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 18.99% |
| 10 | Fresenius Medical Care AG | 2.18 Bn | 494.41 Mn | 1.52 Bn | 9.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.58% |
| Mar 31, 2026 | 16.24% |
| Dec 31, 2025 | 18.70% |
| Sep 30, 2025 | 9.75% |
| Jun 30, 2025 | 16.72% |
| Mar 31, 2025 | 14.87% |
| Dec 31, 2024 | 65.86% |
| 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 | 16.39% |
| Mar 31, 2023 | 14.86% |
| Dec 31, 2022 | 16.95% |
| Sep 30, 2022 | 19.11% |
| Jun 30, 2022 | 16.04% |
| Mar 31, 2022 | 16.86% |
| Dec 31, 2021 | 19.07% |
| Sep 30, 2021 | 20.42% |