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
DateValue
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