Fresenius Medical Care AG (FMS) Price to Earnings (2009 - 2026)
Fresenius Medical Care AG's (FMS) Price to Earnings stood at 1.77 in the quarter ended Jun 30, 2026, down 41.1% from 3.00 a year earlier but up 0.3% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) Price to Earnings (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Fresenius Medical Care AG's Price to Earnings came in at 2.01, down 47.3% from the prior year.
- Across earlier years, Price to Earnings came in at 3.80 in the year ended Dec 31, 2024 (+0.8%), 3.77 in the year ended Dec 31, 2023 (+62.3%), 2.33 in the year ended Dec 31, 2022 (-15.8%) and 2.76 in the year ended Dec 31, 2021 (-9.4%).
- Quarterly Price to Earnings has ranged from 1.66 in the quarter ended Sep 30, 2022 to 4.40 in the quarter ended Sep 30, 2023 over the past five years.
- On a year-over-year basis, Price to Earnings has declined for nine consecutive quarters, with an average decline of 27.1% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 165.3% in the quarter ended Sep 30, 2023, against a decline of 46.8% in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.76 (quarter ended Mar 31, 2026), 1.83 (quarter ended Dec 31, 2025) and 2.53 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 101.83 Bn | 101.28 Bn | - |
| 2 | Natera | 57.64 Bn | 53.32 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.88 Bn | 25.32 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 26.70 Bn | 24.47 Bn | 1.11 Bn |
| 5 | Tenet Healthcare | 21.80 Bn | 12.95 Bn | - |
| 6 | Guardant Health | 21.77 Bn | 17.83 Bn | 219.03 Mn |
| 7 | Encompass Health | 12.44 Bn | 12.90 Bn | - |
| 8 | Fresenius Medical Care AG | 12.41 Bn | 5.48 Bn | 1.52 Bn |
| 9 | BrightSpring Health Services | 12.02 Bn | 10.36 Bn | 492.75 Mn |
| 10 | Davita | 11.91 Bn | 10.68 Bn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.55 |
| Mar 31, 2026 | 11.51 |
| Dec 31, 2025 | 11.92 |
| Sep 30, 2025 | 19.15 |
| Jun 30, 2025 | 23.30 |
| Mar 31, 2025 | 21.94 |
| Dec 31, 2024 | 22.75 |
| Sep 30, 2024 | 17.49 |
| Jun 30, 2024 | 19.56 |
| Mar 31, 2024 | 21.59 |
| Dec 31, 2023 | 22.65 |
| Sep 30, 2023 | 26.39 |
| Jun 30, 2023 | 22.68 |
| Mar 31, 2023 | 20.02 |
| Dec 31, 2022 | 13.57 |
| Sep 30, 2022 | 9.95 |
| Jun 30, 2022 | 15.94 |
| Mar 31, 2022 | 19.29 |
| Dec 31, 2021 | 16.58 |
| Sep 30, 2021 | 18.68 |
API Access
Fresenius Medical Care AG Price to Earnings 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=price-to-earnings&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();