Fresenius Medical Care AG (FMS) FCF Margin (2009 - 2023)
Fresenius Medical Care AG (FMS) posted quarterly FCF Margin of 6.97% for Q4 2025, up 146.0% year-over-year from 2.83% in Q4 2024, and down 54.12% on a QoQ basis from 15.18% in Q3 2025.
Fresenius Medical Care AG (FMS) FCF Margin (2009 - 2023) Analysis & Trends
Fresenius Medical Care AG (FMS) has reported FCF Margin for 17 consecutive years, with 6.97% the latest figure, recorded in Q4 2025.
- In Q4 2025, FCF Margin rose 146.0% year-over-year to 6.97%; the TTM figure through Dec 2025 stood at 8.92% (up 108.0% YoY), while the FY2025 annual figure was 18.24%, up 85.0% from the prior year.
- FCF Margin came in at 6.97% for Q4 2025 at Fresenius Medical Care AG, down from 15.18% in the prior quarter.
- The five-year high for FCF Margin was 101.05% in Q2 2023, with the low at 2.69% in Q1 2024.
- Average FCF Margin over 5 years is 36.42%, with a median of 15.78% recorded in 2023.
- Across the five-year window, FCF Margin plunged 16882 bps in 2021 and soared 2397 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 91.42% in 2021, then declined by 16 bps to 76.38% in 2022, then sank by 94 bps to 4.92% in 2023, then rose by 12 bps to 5.51% in 2024, then increased by 26 bps to 6.97% in 2025.
- According to Business Quant data, FCF Margin over the past three periods registered 6.97%, 15.18%, and 16.17% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 4.68% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 10.81% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 27.22% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 6.41% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 9.50% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 6.49% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 4.10% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 10.55% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 20.19% |
| 10 | Fresenius Medical Care AG | - | - | 19.45 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 3.04% |
| Sep 30, 2022 | 64.87% |
| Jun 30, 2022 | 15.80% |
| Mar 31, 2022 | 3.49% |
| Sep 30, 2021 | 75.86% |
| Jun 30, 2021 | 100.13% |
| Mar 31, 2021 | 23.46% |
| Sep 30, 2020 | 108.40% |
| Jun 30, 2020 | 268.95% |
| Mar 31, 2020 | 96.97% |
| Sep 30, 2019 | 125.09% |
| Jun 30, 2019 | 129.06% |
| Sep 30, 2018 | 243.99% |
| Jun 30, 2018 | 108.56% |
| Mar 31, 2018 | -34.73% |
| Sep 30, 2017 | 104.48% |
| Jun 30, 2017 | 132.42% |
| Mar 31, 2017 | 0.05% |
| Dec 31, 2016 | 125.82% |
| Sep 30, 2016 | 78.78% |