Fresenius Medical Care AG (FMS) Interest Coverage Ratio (2009 - 2025)

Fresenius Medical Care AG (FMS) recorded quarterly Interest Coverage Ratio of 18.34 in Q4 2025, up 258.36% quarter-over-quarter from 5.12 in Q3 2025, and up 33.01% on a YoY basis from 13.79 in Q4 2024.

Fresenius Medical Care AG (FMS) Interest Coverage Ratio (2009 - 2025) Analysis & Trends

Fresenius Medical Care AG's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 18.34 for Q4 2025.

  • In Q4 2025, Interest Coverage Ratio rose 33.01% year-over-year to 18.34; the TTM figure through Dec 2025 stood at 8.11 (up 31.28% YoY), while the FY2025 annual figure was 4.75, up 38.75% from the prior year.
  • Interest Coverage Ratio was 18.34 for Q4 2025 at Fresenius Medical Care AG, up from 5.12 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 19.58 in Q4 2021 to a low of 1.08 in Q2 2025.
  • Historically, Interest Coverage Ratio has averaged 6.93 across 5 years, with a median of 4.88 in 2022.
  • The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio surged 64.07% in 2024, then slumped 73.72% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 19.58 in 2021, then fell by 22.85% to 15.11 in 2022, then dropped by 18.8% to 12.27 in 2023, then advanced by 12.42% to 13.79 in 2024, then surged by 33.01% to 18.34 in 2025.
  • The last three Interest Coverage Ratio figures came in at 18.34 (Q4 2025), 5.12 (Q3 2025), and 1.08 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -0.97
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 6.32
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 3.32
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 1.88
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 64.62
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 13.54
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 18.34
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 165.19
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 18.69
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 3.68

Historic Data

Download Data
DateValue
Dec 31, 2025 18.34
Sep 30, 2025 5.12
Jun 30, 2025 1.08
Mar 31, 2025 3.46
Dec 31, 2024 13.79
Sep 30, 2024 4.67
Jun 30, 2024 4.13
Mar 31, 2024 2.37
Dec 31, 2023 12.27
Sep 30, 2023 2.85
Jun 30, 2023 3.41
Mar 31, 2023 2.75
Dec 31, 2022 15.11
Sep 30, 2022 5.10
Jun 30, 2022 4.01
Mar 31, 2022 4.18
Dec 31, 2021 19.58
Sep 30, 2021 6.01
Jun 30, 2021 5.10
Mar 31, 2021 5.19