Cash Flow Statement
Growth Metrics

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

Fresenius Medical Care AG (FMS) posted EBITDA Margin of 0.02% for Q4 2025, down 99.8% on a QoQ basis from 9.75% in Q3 2025, and little changed year-over-year from 0.02% in Q4 2024.

Fresenius Medical Care AG (FMS) has 17 years of EBITDA Margin data on file, last reported at 0.02% in Q4 2025.

  • In Q4 2025, EBITDA Margin changed 0.0% year-over-year to 0.02%; the TTM figure through Dec 2025 stood at 0.03% (changed 0.0% YoY), while the FY2025 annual figure was 19.04%, down 9.0% from the prior year.
  • EBITDA Margin fell to 0.02% in Q4 2025, from 9.75% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 5028.75% in Q4 2021 and bottomed at 0.02% in Q4 2024.
  • A 5-year average of 288.61% and a median of 16.95% in 2022 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2021 — EBITDA Margin jumped 502291 bps — and 2022, when it sank 502439 bps.
  • Year by year, EBITDA Margin stood at 5028.75% in 2021, then plunged by 100 bps to 4.37% in 2022, then grew by 1 bps to 4.39% in 2023, then slumped by 100 bps to 0.02% in 2024, then rose by 12 bps to 0.02% in 2025.
  • The last three EBITDA Margin figures came in at 0.02% (Q4 2025), 9.75% (Q3 2025), and 16.72% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -2.96%
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 24.14%
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 14.11%
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.76%
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 8.99%
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 11.19%
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 0.02%
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 15.04%
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 8.45%
10 Option Care Health 3.27 Bn 3.09 Bn 262.01 Mn 3.30%

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.02%
Sep 30, 2025 9.75%
Jun 30, 2025 16.72%
Mar 31, 2025 14.87%
Dec 31, 2024 17.32%
Sep 30, 2024 17.39%
Jun 30, 2024 17.04%
Mar 31, 2024 16.04%
Dec 31, 2023 4.39%
Sep 30, 2023 77.12%
Jun 30, 2023 79.37%
Mar 31, 2023 70.50%
Dec 31, 2022 0.00%
Sep 30, 2022 96.08%
Jun 30, 2022 16.04%
Mar 31, 2022 16.86%
Dec 31, 2021 5,028.75%
Sep 30, 2021 99.48%
Jun 30, 2021 89.14%
Mar 31, 2021 97.44%
Dec 31, 2020 0.01%
Sep 30, 2020 112.10%
Jun 30, 2020 112.99%
Mar 31, 2020 107.05%
Dec 31, 2019 6.01%
Sep 30, 2019 108.45%
Jun 30, 2019 102.02%
Mar 31, 2019 110.17%
Dec 31, 2018 0.01%
Sep 30, 2018 88.28%
Jun 30, 2018 190.74%
Mar 31, 2018 87.63%
Dec 31, 2017 3.94%
Sep 30, 2017 97.76%
Jun 30, 2017 93.51%
Mar 31, 2017 107.99%
Dec 31, 2016 21.12%
Sep 30, 2016 -31.68%
Jun 30, 2016 8.86%
Mar 31, 2016 15.89%
Dec 31, 2015 19.39%
Sep 30, 2015 18.74%
Jun 30, 2015 -17.20%
Mar 31, 2015 15.98%
Dec 31, 2014 19.65%
Sep 30, 2014 -9.44%
Jun 30, 2014 8.97%
Mar 31, 2014 -7.28%
Dec 31, 2013 5.68%
Sep 30, 2013 7.38%
Jun 30, 2013 19.46%
Mar 31, 2013 23.71%
Dec 31, 2012 19.32%
Sep 30, 2012 21.06%
Jun 30, 2012 21.58%
Mar 31, 2012 18.47%
Dec 31, 2011 22.36%
Sep 30, 2011 21.20%
Jun 30, 2011 22.26%
Mar 31, 2011 18.18%
Dec 31, 2010 21.24%
Sep 30, 2010 20.18%
Jun 30, 2010 19.94%
Mar 31, 2010 19.07%
Dec 31, 2009 20.22%
Sep 30, 2009 19.72%
Jun 30, 2009 19.11%
Mar 31, 2009 0.02%