Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2025)

Fresenius Medical Care AG (FMS) posted quarterly Tax Rate of 88.41% for Q4 2025, down 11494.0% year-over-year from N/an in Q4 2024, and up 373.12% on a QoQ basis from 18.69% in Q3 2025.

Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2025) Analysis & Trends

Fresenius Medical Care AG (FMS) has reported Tax Rate for 17 consecutive years, with 88.41% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Tax Rate fell 11494.0% year-over-year to 88.41%; the TTM figure through Dec 2025 stood at 44.37% (down 1378.0% YoY), while the FY2025 annual figure was 21.23%, down 867.0% from the prior year.
  • Tax Rate came in at 88.41% for Q4 2025 at Fresenius Medical Care AG, up from 18.69% in the prior quarter.
  • The five-year high for Tax Rate was 203.35% in Q4 2024, with the low at 18.69% in Q3 2025.
  • Average Tax Rate over 5 years is 41.49%, with a median of 25.15% recorded in 2023.
  • Across the five-year window, Tax Rate surged 17828 bps in 2024 and slumped 11494 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 96.07% in 2021, then tumbled by 69 bps to 29.96% in 2022, then declined by 16 bps to 25.07% in 2023, then surged by 711 bps to 203.35% in 2024, then plunged by 57 bps to 88.41% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 88.41%, 18.69%, and 22.32% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 18.80%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 25.37%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 19.96%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 19.40%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 19.54%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 22.41%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 23.54%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 29.07%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 1.00%
10 Fresenius Medical Care AG - - 19.45 Bn 20.83%

Historic Data

Download Data
DateValue
Dec 31, 2025 20.83
Dec 31, 2025 20.83
Sep 30, 2025 18.69
Sep 30, 2025 18.69
Jun 30, 2025 22.25
Jun 30, 2025 22.25
Mar 31, 2025 24.35
Mar 31, 2025 24.35
Dec 31, 2024 34.08
Dec 31, 2024 34.08
Sep 30, 2024 30.62
Sep 30, 2024 30.62
Jun 30, 2024 29.12
Jun 30, 2024 29.12
Mar 31, 2024 25.32
Mar 31, 2024 25.32
Dec 31, 2023 25.07
Dec 31, 2023 25.07
Sep 30, 2023 37.64
Sep 30, 2023 37.64