Fresenius Medical Care AG (FMS) Return on Capital Employed [ROCE] (2009 - 2026)
Fresenius Medical Care AG (FMS) posted Return on Capital Employed [ROCE] of 12.60% for the quarter ended Jun 30, 2026, up 6.07 percentage points from 6.52% a year earlier and up 0.35 percentage points from the prior quarter.
Fresenius Medical Care AG (FMS) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Fresenius Medical Care AG's Return on Capital Employed [ROCE] came in at 7.21%, up 2.25 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, though with a five-year change of -4.69 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Fresenius Medical Care AG's Return on Capital Employed [ROCE] was 4.96% in the year ended Dec 31, 2024 (+0.02 pp), 4.94% in the year ended Dec 31, 2023 (+0.12 pp), 4.82% in the year ended Dec 31, 2022 (-3.75 pp) and 8.57% in the year ended Dec 31, 2021 (-3.33 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Mar 31, 2019.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last ten quarters, with an average year-over-year change of +3.00 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Jun 30, 2026, with a gain of 6.07 percentage points; the weakest was the quarter ended Mar 31, 2022, with a drop of 2.13 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 12.24% (quarter ended Mar 31, 2026), 12.19% (quarter ended Dec 31, 2025) and 6.58% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 27.06% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -13.91% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 10.85% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 8.97% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -29.86% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 17.89% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | -15.22% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 17.71% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 9.85% |
| 10 | Fresenius Medical Care AG | 2.08 Bn | -5.02 Bn | 1.52 Bn | 12.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.60% |
| Mar 31, 2026 | 12.24% |
| Dec 31, 2025 | 12.19% |
| Sep 30, 2025 | 6.58% |
| Jun 30, 2025 | 6.52% |
| Mar 31, 2025 | 6.24% |
| Dec 31, 2024 | 6.48% |
| Sep 30, 2024 | 6.09% |
| Jun 30, 2024 | 5.41% |
| Mar 31, 2024 | 5.24% |
| Dec 31, 2023 | 4.58% |
| Sep 30, 2023 | 4.42% |
| Jun 30, 2023 | 4.87% |
| Mar 31, 2023 | 4.87% |
| Dec 31, 2022 | 5.12% |
| Sep 30, 2022 | 5.57% |
| Jun 30, 2022 | 6.09% |
| Mar 31, 2022 | 6.44% |
| Dec 31, 2021 | 7.16% |
| Sep 30, 2021 | 7.20% |
Fresenius Medical Care AG Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=FMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();