Fresenius Medical Care AG (FMS) FCF Payout Ratio (2009 - 2023)
Fresenius Medical Care AG (FMS) posted quarterly FCF Payout Ratio of 0.65 for Q4 2025, up 31.84% year-over-year from 0.5 in Q4 2024, and up 225.02% on a QoQ basis from 0.52 in Q3 2025.
Fresenius Medical Care AG (FMS) FCF Payout Ratio (2009 - 2023) Analysis & Trends
Fresenius Medical Care AG (FMS) has reported FCF Payout Ratio for 17 consecutive years, with 0.65 the latest figure, recorded in Q4 2025.
- In Q4 2025, FCF Payout Ratio rose 31.84% year-over-year to 0.65; the TTM figure through Dec 2025 stood at 0.14 (up 7.33% YoY), while the FY2025 annual figure was 0.12, up 3.8% from the prior year.
- FCF Payout Ratio came in at 0.65 for Q4 2025 at Fresenius Medical Care AG, up from 0.52 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.77 in Q4 2022, with the low at 0.58 in Q1 2023.
- Average FCF Payout Ratio over 5 years is 0.02, with a median of 0.1 recorded in 2021.
- The largest YoY upside for FCF Payout Ratio was 31.84% in 2025 against a maximum downside of 465.9% in 2025.
- Year by year, FCF Payout Ratio stood at 0.69 in 2021, then climbed by 11.68% to 0.77 in 2022, then decreased by 23.21% to 0.59 in 2023, then dropped by 15.65% to 0.5 in 2024, then soared by 31.84% to 0.65 in 2025.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.65, 0.52, and 0.07 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 0.21 |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 0.11 |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 0.13 |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 0.39 |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 0.38 |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 0.04 |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 0.04 |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 0.00 |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | - |
| 10 | Fresenius Medical Care AG | - | - | 19.45 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -0.58 |
| Jun 30, 2022 | -0.44 |
| Mar 31, 2022 | -0.42 |
| Jun 30, 2021 | -0.35 |
| Mar 31, 2021 | -0.33 |
| Sep 30, 2020 | -0.13 |
| Jun 30, 2020 | -0.06 |
| Mar 31, 2020 | -0.07 |
| Jun 30, 2019 | -0.26 |
| Sep 30, 2018 | -0.33 |
| Jun 30, 2018 | 0.30 |
| Mar 31, 2018 | -0.19 |
| Jun 30, 2017 | -0.27 |
| Mar 31, 2017 | -0.22 |
| Jun 30, 2016 | -0.22 |
| Mar 31, 2016 | 0.95 |
| Dec 31, 2015 | -0.10 |
| Sep 30, 2015 | -0.10 |
| Mar 31, 2015 | -0.30 |
| Dec 31, 2014 | -0.05 |