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| Date | Value |
|---|---|
| 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% |