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

Fresenius Medical Care AG & Co. KGaA (FMS) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Fresenius Medical Care AG & Co. KGaA (FMS) trades at a price to free cash flow of 6.1×. Over the past ten years it has ranged from 4.6× (October 2023) to 39.2× (April 2016); the current reading is higher than 14% of that period. That is below the Medical Care Facilities industry median of 16.0× and below the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 6.9× (4.70%)
FY2024 7.2× 22.82%
FY2023 5.9× (3.03%)
FY2022 6.1× (37.43%)
FY2021 9.7× 44.71%
FY2020 6.7× (51.12%)
FY2019 13.7× (13.74%)
FY2018 15.9× (24.48%)
FY2017 21.0× (8.45%)
FY2016 23.0× (7.66%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 5.8× (1.94%)
Jun 2026 5.9× (2.79%)
Mar 2026 6.1× (11.57%)
Dec 2025 6.9× (9.23%)
43 more quarters

Against its own ten years

Low 4.6× High 39.2×
Ten-year median 10.3×
Current reading's percentile 14

Price to free cash flow against peers

Company Price to free cash flow
FMS Fresenius Medical Care AG & Co. KGaA 6.1×
THC Tenet Healthcare Corporation compare 6.9×
DVA DaVita Inc. compare 8.4×
UHS Universal Health Services, Inc. compare 10.3×
PACS PACS Group, Inc. compare 17.7×
CON Concentra Group Holdings Parent, Inc. compare 20.2×
ENSG The Ensign Group, Inc. compare 20.6×
CHE Chemed Corporation compare 23.5×
EHC Encompass Health Corporation compare 32.4×
Medical Care Facilities industry median 16.0×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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