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Friday 6 November 2026 Export FMS’s income statement to Excel — free account

Fresenius Medical Care AG & Co. KGaA

FMS Healthcare Medical Care Facilities

Fresenius Medical Care AG & Co. KGaA’s revenue for fiscal 2025 (year ended December 2025) was $22.2 billion, up 6.13% from fiscal 2024.

Revenue
−0.49%
EPS
−10.6%
Free cash flow
−3.47%
Total debt
+8.09%

Quarter to September 2026, against a year earlier

23.66 0.47 +2.03%
Market cap
$12.6B
P/E
12.6×
Fwd P/E
14.4×
Dividend yield
3.68%
F-score
8/9
Altman Z
1.88
Beneish M
−2.77
Dividend safety
42/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Fresenius Medical Care AG & Co. KGaA (FMS) Debt to equity

Alert me on Debt to equity

Fresenius Medical Care AG & Co. KGaA's debt to equity at the end of the quarter to 30 September 2026 was 0.5×, up 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.4× (fiscal 2024) to 0.8× (fiscal 2015); the current reading is higher than 18% of that period. That is above the Medical Care Facilities industry median of 0.4× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× 28.23%
FY2024 0.4× (25.19%)
FY2023 0.5× (3.49%)
FY2022 0.6× (9.90%)
FY2021 0.6× (4.16%)
FY2020 0.6× (6.79%)
FY2019 0.7× 17.34%
FY2018 0.6× (14.96%)
FY2017 0.7× (8.06%)
FY2016 0.7× (9.19%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.5× (2.02%)
Jun 2026 0.6× 5.37%
Mar 2026 0.5× 3.75%
Dec 2025 0.5× 3.59%
43 more quarters

Against its own ten years

Low 0.4× High 0.8×
Ten-year median 0.6×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
DVA DaVita Inc. compare −30.2×
ENSG The Ensign Group, Inc. compare 0.1×
PACS PACS Group, Inc. compare 0.2×
CHE Chemed Corporation compare 0.3×
FMS Fresenius Medical Care AG & Co. KGaA 0.5×
EHC Encompass Health Corporation compare 0.7×
UHS Universal Health Services, Inc. compare 0.7×
THC Tenet Healthcare Corporation compare 1.8×
CON Concentra Group Holdings Parent, Inc. compare 3.0×
Medical Care Facilities industry median 0.4×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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