Fresenius Medical Care AG (FMS) FCF Margin (2009 - 2026)

Fresenius Medical Care AG (FMS) posted quarterly FCF Margin of 4.92% for Q1 2026, up 158.0% year-over-year from 1.91% in Q1 2025, and down 82.44% quarter-over-quarter from 28.01% in Q4 2025.

Fresenius Medical Care AG (FMS) FCF Margin (2009 - 2026) Analysis & Trends

Fresenius Medical Care AG's FCF Margin history runs 18 years deep, the most recent figure standing at 4.92% for Q1 2026.

  • In Q1 2026, FCF Margin rose 158.0% year-over-year to 4.92%; the TTM figure through Mar 2026 stood at 16.32% (up 263.0% YoY), while the FY2025 annual figure was 18.24%, up 236.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 4.92%, down from 28.01% in the prior quarter.
  • The five-year high for FCF Margin was 28.01% in Q4 2025, with the low at 2.69% in Q1 2024.
  • The 5-year median for FCF Margin is 16.11% (2022), against an average of 14.46%.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin soared 1500 bps in 2022, then slumped 1702 bps in 2024.
  • Fresenius Medical Care AG's FCF Margin stood at 20.32% in 2022, then fell by 5 bps to 19.21% in 2023, then rose by 9 bps to 20.94% in 2024, then jumped by 34 bps to 28.01% in 2025, then sank by 82 bps to 4.92% in 2026.
  • Business Quant data shows FMS's FCF Margin at 4.92% in Q1 2026, 28.01% in Q4 2025, and 15.18% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 5.46%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 7.41%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 3.90%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 9.01%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 8.27%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 4.65%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 2.19%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 10.29%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 19.73%
10 Fresenius Medical Care AG 2.11 Bn 422.92 Mn 1.52 Bn 17.70%

Historic Data

Download Data
DateValue
Jun 30, 2026 17.70%
Mar 31, 2026 4.92%
Dec 31, 2025 28.01%
Sep 30, 2025 15.18%
Jun 30, 2025 16.17%
Mar 31, 2025 3.34%
Dec 31, 2024 20.94%
Sep 30, 2024 20.69%
Jun 30, 2024 9.28%
Mar 31, 2024 2.69%
Dec 31, 2023 19.21%
Sep 30, 2023 15.39%
Jun 30, 2023 26.31%
Mar 31, 2023 3.85%
Dec 31, 2022 20.32%
Sep 30, 2022 16.11%
Jun 30, 2022 19.87%
Mar 31, 2022 3.49%
Dec 31, 2021 5.32%
Sep 30, 2021 19.59%