Fresenius Medical Care AG (FMS) Return on Capital Employed [ROCE] (2009 - 2026)
Fresenius Medical Care AG (FMS) posted Return on Capital Employed [ROCE] of 2.86% for the quarter ended Sep 30, 2026, down 2.74 percentage points from 5.60% a year earlier and down 0.32 percentage points from the prior quarter.
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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 7.28%, up 2.32 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -1.35 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Fresenius Medical Care AG's Return on Capital Employed [ROCE] was 4.97% in the year ended Dec 31, 2024 (+0.20 pp), 4.77% in the year ended Dec 31, 2023 (-0.27 pp), 5.04% in the year ended Dec 31, 2022 (-2.09 pp) and 7.13% in the year ended Dec 31, 2021 (-1.50 pp).
- The figure for the quarter ended Sep 30, 2026 stands as the lowest quarterly Return on Capital Employed [ROCE] in data going back to the quarter ended Mar 31, 2009.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last five quarters, with an average year-over-year change of -1.07 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 Sep 30, 2024, with a gain of 1.22 percentage points; the weakest was the quarter ended Sep 30, 2026, with a drop of 2.74 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 3.17% (quarter ended Jun 30, 2026), 2.87% (quarter ended Mar 31, 2026) and 2.87% (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 27.97% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 11.30% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -33.03% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 11.79% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -14.14% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 13.69% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 14.26% |
| 10 | Fresenius Medical Care AG | 6.35 Bn | -156.05 Mn | 1.47 Bn | 2.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.86% |
| Jun 30, 2026 | 3.17% |
| Mar 31, 2026 | 2.87% |
| Dec 31, 2025 | 2.87% |
| Sep 30, 2025 | 5.60% |
| Jun 30, 2025 | 5.49% |
| Mar 31, 2025 | 5.43% |
| Dec 31, 2024 | 5.08% |
| Sep 30, 2024 | 5.69% |
| Jun 30, 2024 | 5.07% |
| Mar 31, 2024 | 4.80% |
| Dec 31, 2023 | 4.81% |
| Sep 30, 2023 | 4.48% |
| Jun 30, 2023 | 4.82% |
| Mar 31, 2023 | 4.72% |
| Dec 31, 2022 | 5.12% |
| Sep 30, 2022 | 5.54% |
| Jun 30, 2022 | 6.00% |
| Mar 31, 2022 | 6.34% |
| Dec 31, 2021 | 7.10% |
API Access
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_KEYimport 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();