Fresenius Medical Care AG (FMS) Enterprise Value (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Enterprise Value of -$2.4 billion in Q4 2025, down 16.9% quarter-over-quarter from -$2.0 billion in Q3 2025, and down 38.08% on a YoY basis from -$3.8 billion in Q4 2024.
Fresenius Medical Care AG (FMS) Enterprise Value (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Enterprise Value history runs 17 years deep, the most recent figure standing at -$2.4 billion for Q4 2025.
- In Q4 2025, Enterprise Value fell 38.08% year-over-year to -$2.4 billion; the TTM figure through Dec 2025 stood at -$2.4 billion (down 38.08% YoY), while the FY2025 annual figure was -$2.4 billion, down 38.08% from the prior year.
- Enterprise Value was -$2.4 billion for Q4 2025 at Fresenius Medical Care AG, down from -$2.0 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$1.3 billion in Q3 2021 to a low of -$2.5 billion in Q2 2025.
- Historically, Enterprise Value has averaged -$1.7 billion across 5 years, with a median of -$1.7 billion in 2022.
- The sharpest annual moves came in 2021 and 2023: Enterprise Value slumped 3217.15% in 2021, then grew 17.78% in 2023.
- A 5-year view of Enterprise Value shows it stood at -$1.7 billion in 2021, then grew by 8.62% to -$1.6 billion in 2022, then dropped by 15.84% to -$1.8 billion in 2023, then increased by 4.11% to -$1.7 billion in 2024, then tumbled by 38.08% to -$2.4 billion in 2025.
- The last three Enterprise Value figures came in at -$2.4 billion (Q4 2025), -$2.0 billion (Q3 2025), and -$2.5 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 2.39 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | -830.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 857.96 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 623.30 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | -591.73 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | -45.65 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -2.38 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | -16.86 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | -242.96 Mn |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | -54.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.38 Bn |
| Sep 30, 2025 | -2.04 Bn |
| Jun 30, 2025 | -2.48 Bn |
| Mar 31, 2025 | -1.68 Bn |
| Dec 31, 2024 | -1.72 Bn |
| Sep 30, 2024 | -1.94 Bn |
| Jun 30, 2024 | -1.88 Bn |
| Mar 31, 2024 | -1.82 Bn |
| Dec 31, 2023 | -1.80 Bn |
| Sep 30, 2023 | -1.39 Bn |
| Jun 30, 2023 | -1.39 Bn |
| Mar 31, 2023 | -1.37 Bn |
| Dec 31, 2022 | -1.55 Bn |
| Sep 30, 2022 | -1.49 Bn |
| Jun 30, 2022 | -1.58 Bn |
| Mar 31, 2022 | -1.66 Bn |
| Dec 31, 2021 | -1.70 Bn |
| Sep 30, 2021 | -1.28 Bn |
| Jun 30, 2021 | -1.30 Bn |
| Mar 31, 2021 | -1.30 Bn |