Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2026)
Fresenius Medical Care AG's Tax Rate came in at 25.72% for the quarter ended Sep 30, 2026, up 7.03 percentage points from 18.69% a year earlier and up 2.27 percentage points from the prior quarter.
Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Fresenius Medical Care AG reported Tax Rate of 22.60%, down 0.54 percentage points year-over-year; for the year ended Dec 31, 2025, it was 21.22%, down 8.68 percentage points from the prior year.
- Tax Rate carries a five-year change of -4.63 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 29.90% in the year ended Dec 31, 2024 (+0.81 pp), 29.10% in the year ended Dec 31, 2023 (+2.44 pp), 26.65% in the year ended Dec 31, 2022 (+4.20 pp) and 22.45% in the year ended Dec 31, 2021 (-3.40 pp).
- The figure for the quarter ended Sep 30, 2026 represents the highest quarterly Tax Rate since the quarter ended Dec 31, 2024.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -2.41 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2022 (a gain of 9.44 percentage points), and the weakest in the quarter ended Dec 31, 2021 (a drop of 16.15 percentage points).
- Business Quant data shows FMS's Tax Rate at 23.45% (quarter ended Jun 30, 2026), 20.60% (quarter ended Mar 31, 2026) and 20.93% (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 21.98% |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | - |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 19.79% |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 23.80% |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 22.80% |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | - |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | - |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 22.13% |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 20.71% |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn | 25.72% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.72% |
| Jun 30, 2026 | 23.45% |
| Mar 31, 2026 | 20.60% |
| Dec 31, 2025 | 20.93% |
| Sep 30, 2025 | 18.69% |
| Jun 30, 2025 | 22.32% |
| Mar 31, 2025 | 24.35% |
| Dec 31, 2024 | 34.06% |
| Sep 30, 2024 | 30.62% |
| Jun 30, 2024 | 29.17% |
| Mar 31, 2024 | 25.03% |
| Dec 31, 2023 | 25.20% |
| Sep 30, 2023 | 37.56% |
| Jun 30, 2023 | 29.39% |
| Mar 31, 2023 | 24.96% |
| Dec 31, 2022 | 30.02% |
| Sep 30, 2022 | 28.40% |
| Jun 30, 2022 | 23.40% |
| Mar 31, 2022 | 23.97% |
| Dec 31, 2021 | 20.58% |
Fresenius Medical Care AG Tax Rate 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=tax-rate&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();