Fresenius Medical Care AG (FMS) Interest Coverage Ratio (2009 - 2026)
Fresenius Medical Care AG's (FMS) Interest Coverage Ratio came in at 3.94 for the quarter ended Sep 30, 2026, down 23.0% from 5.12 a year earlier and down 17.5% from the prior quarter.
Powered by 
Analysis
Fresenius Medical Care AG (FMS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Fresenius Medical Care AG was 1.70, down 56.4% year-over-year; for the year ended Dec 31, 2025, it came in at 4.75, up 38.9% from the prior year.
- In prior years, Fresenius Medical Care AG's Interest Coverage Ratio was 3.42 in the year ended Dec 31, 2024 (+6.1%), 3.22 in the year ended Dec 31, 2023 (-23.2%), 4.20 in the year ended Dec 31, 2022 (-19.9%) and 5.24 in the year ended Dec 31, 2021 (-6.8%).
- Quarterly Interest Coverage Ratio has run from a low of -4.81 in the quarter ended Dec 31, 2025 to a high of 5.12 in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in four of the last seven quarters, with growth averaging 0.5%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was the quarter ended Sep 30, 2024, with growth of 64.0%; the weakest was the quarter ended Sep 30, 2023, with a decline of 44.1%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 4.78 (quarter ended Jun 30, 2026), 3.07 (quarter ended Mar 31, 2026) and -4.81 (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 4.90 |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -75.66 |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 6.80 |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 7.15 |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 8.62 |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -98.71 |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -8.49 |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 5.17 |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 9.01 |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn | 3.94 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.94 |
| Jun 30, 2026 | 4.78 |
| Mar 31, 2026 | 3.07 |
| Dec 31, 2025 | -4.81 |
| Sep 30, 2025 | 5.12 |
| Jun 30, 2025 | 4.40 |
| Mar 31, 2025 | 3.46 |
| Dec 31, 2024 | 2.56 |
| Sep 30, 2024 | 4.67 |
| Jun 30, 2024 | 4.12 |
| Mar 31, 2024 | 2.37 |
| Dec 31, 2023 | 3.84 |
| Sep 30, 2023 | 2.85 |
| Jun 30, 2023 | 3.41 |
| Mar 31, 2023 | 2.76 |
| Dec 31, 2022 | 3.52 |
| Sep 30, 2022 | 5.10 |
| Jun 30, 2022 | 4.04 |
| Mar 31, 2022 | 4.18 |
| Dec 31, 2021 | 4.72 |
API Access
Fresenius Medical Care AG Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();