Fresenius Medical Care AG (FMS) EBITDA Margin (2009 - 2026)
Fresenius Medical Care AG's EBITDA Margin came in at 16.93% for the quarter ended Jun 30, 2026, up 0.21 percentage points from 16.72% a year earlier and up 0.69 percentage points from the prior quarter.
Fresenius Medical Care AG (FMS) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fresenius Medical Care AG reported EBITDA Margin of 23.25%, up 6.19 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 16.95%, up 0.74 percentage points from the prior year.
- EBITDA Margin carries a five-year change of +0.50 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, EBITDA Margin was 16.22% in the year ended Dec 31, 2024 (+0.17 pp), 16.05% in the year ended Dec 31, 2023 (-1.22 pp), 17.27% in the year ended Dec 31, 2022 (-2.46 pp) and 19.73% in the year ended Dec 31, 2021 (+3.28 pp).
- The five-year range for quarterly EBITDA Margin is 14.86% (the quarter ended Mar 31, 2023) to 40.41% (the quarter ended Dec 31, 2025).
- Year-over-year, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +2.81 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in the quarter ended Dec 31, 2025 (a gain of 21.42 percentage points), and the weakest in the quarter ended Mar 31, 2025 (a drop of 4.49 percentage points).
- Business Quant data shows FMS's EBITDA Margin at 16.24% (quarter ended Mar 31, 2026), 40.41% (quarter ended Dec 31, 2025) and 17.09% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 19.96% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 30.49% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 24.09% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 21.01% |
| 10 | Fresenius Medical Care AG | 2.07 Bn | -5.03 Bn | 1.52 Bn | 16.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.93% |
| Mar 31, 2026 | 16.24% |
| Dec 31, 2025 | 40.41% |
| Sep 30, 2025 | 17.09% |
| Jun 30, 2025 | 16.72% |
| Mar 31, 2025 | 14.88% |
| Dec 31, 2024 | 19.00% |
| Sep 30, 2024 | 17.54% |
| Jun 30, 2024 | 17.03% |
| Mar 31, 2024 | 19.37% |
| Dec 31, 2023 | 16.02% |
| Sep 30, 2023 | 15.77% |
| Jun 30, 2023 | 16.39% |
| Mar 31, 2023 | 14.86% |
| Dec 31, 2022 | 16.95% |
| Sep 30, 2022 | 19.11% |
| Jun 30, 2022 | 16.03% |
| Mar 31, 2022 | 16.86% |
| Dec 31, 2021 | 19.99% |
| Sep 30, 2021 | 20.41% |
Fresenius Medical Care AG EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "FMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();