Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2026)

Fresenius Medical Care AG (FMS) posted quarterly Tax Rate of 20.6% for Q1 2026, down 375.0% year-over-year from 7.49% in Q1 2025, and down 76.7% quarter-over-quarter from 88.41% in Q4 2025.

Fresenius Medical Care AG (FMS) Tax Rate (2009 - 2026) Analysis & Trends

Fresenius Medical Care AG's Tax Rate history runs 18 years deep, the most recent figure standing at 20.6% for Q1 2026.

  • In Q1 2026, Tax Rate fell 375.0% year-over-year to 20.6%; the TTM figure through Mar 2026 stood at 44.07% (down 1144.0% YoY), while the FY2025 annual figure was 2.29%, down 3219.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.6%, down from 88.41% 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.
  • The 5-year median for Tax Rate is 25.07% (2023), against an average of 46.82%.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate sank 11572 bps in 2023, then jumped 17828 bps in 2024.
  • Fresenius Medical Care AG's Tax Rate stood at 140.79% in 2022, then sank by 82 bps to 25.07% in 2023, then jumped by 711 bps to 203.35% in 2024, then slumped by 57 bps to 88.41% in 2025, then plunged by 77 bps to 20.6% in 2026.
  • Business Quant data shows FMS's Tax Rate at 20.6% in Q1 2026, 88.41% in Q4 2025, and 18.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 89.17 Bn 88.16 Bn 15.19 Bn 22.61%
2 Tenet Healthcare 22.30 Bn 20.13 Bn 4.45 Bn 22.01%
3 Encompass Health 12.22 Bn 12.08 Bn 1.34 Bn 20.49%
4 Davita 11.68 Bn 10.99 Bn 1.16 Bn 21.10%
5 Ensign 10.53 Bn 10.21 Bn 306.24 Mn 25.32%
6 Universal Health Services 10.14 Bn 10.00 Bn 3.29 Bn 23.91%
7 Pacs 7.07 Bn 6.91 Bn 338.46 Mn 27.86%
8 Chemed 7.04 Bn 7.00 Bn 221.47 Mn 25.87%
9 Fresenius Medical Care AG 6.38 Bn 4.69 Bn 1.52 Bn 23.45%
10 Concentra Group Holdings Parent 4.43 Bn 4.28 Bn 192.10 Mn 24.68%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.45%
Jun 30, 2026 23.45%
Jun 30, 2026 23.45%
Mar 31, 2026 20.60%
Mar 31, 2026 20.60%
Mar 31, 2026 20.60%
Dec 31, 2025 88.41%
Dec 31, 2025 88.41%
Dec 31, 2025 88.41%
Sep 30, 2025 18.69%
Sep 30, 2025 18.69%
Sep 30, 2025 18.69%
Jun 30, 2025 22.32%
Jun 30, 2025 22.32%
Jun 30, 2025 22.32%
Mar 31, 2025 24.35%
Mar 31, 2025 24.35%
Mar 31, 2025 24.35%
Dec 31, 2024 203.35%
Dec 31, 2024 203.35%