Fresenius Medical Care AG (FMS) Gross Margin (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Gross Margin of 18654.2% in Q4 2025, down 24160.48% quarter-over-quarter from 77.53% in Q3 2025, and down 1873448.0% on a YoY basis from N/an in Q4 2024.
Fresenius Medical Care AG (FMS) Gross Margin (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Gross Margin history runs 17 years deep, the most recent figure standing at 18654.2% for Q4 2025.
- In Q4 2025, Gross Margin fell 1873448.0% year-over-year to 18654.2%; the TTM figure through Dec 2025 stood at 34.46% (down 4760.0% YoY), while the FY2025 annual figure was 25.62%, up 819.0% from the prior year.
- Gross Margin was 18654.2% for Q4 2025 at Fresenius Medical Care AG, down from 77.53% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 7486.37% in Q4 2021 to a low of 18654.2% in Q4 2025.
- Historically, Gross Margin has averaged 502.1% across 5 years, with a median of 78.15% in 2024.
- The sharpest annual moves came in 2021 and 2025: Gross Margin jumped 748636 bps in 2021, then tumbled 1873448 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 7486.37% in 2021, then plunged by 100 bps to 6.95% in 2022, then jumped by 1339 bps to 99.98% in 2023, then retreated by 20 bps to 80.28% in 2024, then slumped by 23338 bps to 18654.2% in 2025.
- The last three Gross Margin figures came in at 18654.2% (Q4 2025), 77.53% (Q3 2025), and 77.5% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 29.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -18,654.20% |
| Sep 30, 2025 | 77.53% |
| Jun 30, 2025 | 77.50% |
| Mar 31, 2025 | 24.25% |
| Dec 31, 2024 | 80.28% |
| Sep 30, 2024 | 78.20% |
| Jun 30, 2024 | 78.09% |
| Mar 31, 2024 | 97.16% |
| Dec 31, 2023 | 99.98% |
| Sep 30, 2023 | 24.90% |
| Jun 30, 2023 | 24.81% |
| Mar 31, 2023 | -258.56% |
| Dec 31, 2022 | 6.95% |
| Sep 30, 2022 | 134.01% |
| Jun 30, 2022 | 138.09% |
| Mar 31, 2022 | 27.66% |
| Dec 31, 2021 | 7,486.37% |
| Sep 30, 2021 | 138.99% |
| Jun 30, 2021 | 139.57% |
| Mar 31, 2021 | 136.38% |