Pricing Log in Create free account
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

23.18 0.48 −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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Fresenius Medical Care AG & Co. KGaA (FMS) trades at a P/B ratio of 0.8×. Over the past ten years it has ranged from 0.4× (October 2022) to 2.9× (January 2018); the current reading is higher than 20% of that period. That is below the Medical Care Facilities industry median of 3.1× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 0.9× 10.26%
FY2024 0.8× 0.19%
FY2023 0.8× 33.87%
FY2022 0.6× (49.52%)
FY2021 1.1× (33.73%)
FY2020 1.7× 15.30%
FY2019 1.5× 15.48%
FY2018 1.3× (50.30%)
FY2017 2.6× 16.03%
FY2016 2.3× (6.90%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 0.7× (3.67%)
Jun 2026 0.8× 3.29%
Mar 2026 0.7× (12.99%)
Dec 2025 0.9× (9.27%)
43 more quarters

Against its own ten years

Low 0.4× High 2.9×
Ten-year median 1.5×
Current reading's percentile 22

P/B ratio against peers

Company P/B ratio
DVA DaVita Inc. compare n/m
FMS Fresenius Medical Care AG & Co. KGaA 0.8×
THC Tenet Healthcare Corporation compare 3.1×
EHC Encompass Health Corporation compare 4.0×
ENSG The Ensign Group, Inc. compare 4.1×
PACS PACS Group, Inc. compare 6.5×
CHE Chemed Corporation compare 8.1×
CON Concentra Group Holdings Parent, Inc. compare 10.2×
UHS Universal Health Services, Inc. compare 164×
Medical Care Facilities industry median 3.1×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on FMS