Fresenius Medical Care AG (FMS) FCF Payout Ratio (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly FCF Payout Ratio of 0.6 in Q4 2025, up 253.22% quarter-over-quarter from 0.39 in Q2 2025, and down 9.24% on a YoY basis from 0.66 in Q4 2024.
Fresenius Medical Care AG (FMS) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 0.6 for Q4 2025.
- In Q4 2025, FCF Payout Ratio fell 9.24% year-over-year to 0.6; the TTM figure through Dec 2025 stood at 0.13 (up 18.23% YoY), while the FY2025 annual figure was 0.12, up 3.8% from the prior year.
- FCF Payout Ratio was 0.6 for Q4 2025 at Fresenius Medical Care AG, up from 0.39 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.99 in Q4 2022 to a low of 0.49 in Q2 2024.
- Historically, FCF Payout Ratio has averaged 0.06 across 5 years, with a median of 0.21 in 2023.
- The sharpest annual moves came in 2021 and 2023: FCF Payout Ratio plunged 357.29% in 2021, then soared 41.03% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 0.84 in 2021, then advanced by 17.88% to 0.99 in 2022, then plunged by 30.45% to 0.69 in 2023, then dropped by 4.42% to 0.66 in 2024, then slipped by 9.24% to 0.6 in 2025.
- The last three FCF Payout Ratio figures came in at 0.6 (Q4 2025), 0.39 (Q2 2025), and 0.21 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 0.21 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 0.13 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 0.39 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 0.38 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 0.04 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 0.04 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 0.60 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 0.11 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 0.00 |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 0.81 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.60 |
| Jun 30, 2025 | -0.39 |
| Mar 31, 2025 | -0.21 |
| Dec 31, 2024 | 0.66 |
| Jun 30, 2024 | -0.49 |
| Mar 31, 2024 | -0.22 |
| Dec 31, 2023 | 0.69 |
| Jun 30, 2023 | -0.21 |
| Mar 31, 2023 | -0.29 |
| Dec 31, 2022 | 0.99 |
| Jun 30, 2022 | -0.36 |
| Mar 31, 2022 | -0.21 |
| Dec 31, 2021 | 0.84 |
| Jun 30, 2021 | -0.29 |
| Mar 31, 2021 | -0.18 |
| Dec 31, 2020 | 0.79 |
| Sep 30, 2020 | -0.13 |
| Jun 30, 2020 | -0.06 |
| Mar 31, 2020 | -0.07 |
| Dec 31, 2019 | 0.64 |