Fresenius Medical Care AG (FMS) EV to EBIT (2009 - 2026)
Fresenius Medical Care AG's (FMS) EV to EBIT stood at 0.40 in the quarter ended Jun 30, 2026, down 51.1% from 0.81 a year earlier but up 4.3% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) EV to EBIT (2009 - 2026) Analysis & Trends
On a TTM basis, Fresenius Medical Care AG's EV to EBIT came in at -1.40 as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at 0.49, down 58.1% from the prior year.
- Across earlier years, EV to EBIT came in at 1.16 in the year ended Dec 31, 2024 (+12.3%), 1.04 in the year ended Dec 31, 2023 (+4.1%), 1.00 in the year ended Dec 31, 2022 (-25.6%) and 1.34 in the year ended Dec 31, 2021 (-9.2%).
- Quarterly EV to EBIT has ranged from -180.34 in the quarter ended Mar 31, 2023 to 1.67 in the quarter ended Mar 31, 2022 over the past five years.
- On a year-over-year basis, EV to EBIT has declined for three consecutive quarters, with an average decline of 32.1% over the last eight quarters.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 29.9% in the quarter ended Sep 30, 2023, against a decline of 69.8% in the quarter ended Dec 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.38 (quarter ended Mar 31, 2026), 0.28 (quarter ended Dec 31, 2025) and 0.83 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | Fresenius Medical Care AG | 2.14 Bn | -4.96 Bn | 1.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.81 |
| Mar 31, 2025 | 1.12 |
| Dec 31, 2024 | 0.91 |
| Sep 30, 2024 | 0.82 |
| Jun 30, 2024 | 1.02 |
| Mar 31, 2024 | 1.04 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 1.41 |
| Jun 30, 2023 | 1.59 |
| Mar 31, 2023 | -180.34 |
| Dec 31, 2022 | 0.97 |
| Sep 30, 2022 | 1.09 |
| Jun 30, 2022 | 1.48 |
| Mar 31, 2022 | 1.67 |
| Dec 31, 2021 | 1.31 |
| Sep 30, 2021 | 1.21 |
API Access
Fresenius Medical Care AG EV to EBIT 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=ev-to-ebit&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();