Fresenius Medical Care AG (FMS)
NYSE: FMS · Real-Time Price · USD
25.66
-0.04 (-0.16%)
At close: Jul 31, 2026, 4:00 PM EDT
25.67
+0.01 (0.04%)
After-hours: Jul 31, 2026, 7:34 PM EDT

Fresenius Medical Care AG Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
19,35919,62819,33619,45419,39817,619
Revenue Growth
-0.69%1.51%-0.60%0.29%10.10%-1.35%
Gross Profit
5,0255,0294,7574,9254,8944,773
Operating Income
1,4961,8271,3921,3691,5121,852
Net Income
779.83978.37537.91499673.41969.31
Earnings Per Share
1.641.680.920.851.151.66
EPS Growth
54.72%83.61%7.65%-26.09%-30.51%-16.41%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Inter-Segment Eliminations
-1,841-1,832-1,977-1,918-1,548-1,498
Care Enablement
5,4085,4765,5575,3455,3535,086
Care Delivery (Excl. Value-Based Care)
13,58313,73614,00314,749--
Value-Based Care
2,2082,2471,7521,277--
Total
19,35819,62819,33619,45419,39817,619

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,2391,5991,1801,4031,2741,482
Total Debt
11,02910,79610,97912,05013,19213,320
Net Cash (Debt)
-9,790-9,196-9,799-10,647-11,919-11,838
Net Cash Growth
------
Net Cash Per Share
-17.08-15.79-16.70-18.14-20.32-20.21

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,7452,6812,3862,6292,1672,489
Capital Expenditures
--915.37-699.36-684.6-723.99-854.36
Free Cash Flow
2,7451,7661,6871,9441,4431,635
Free Cash Flow Growth
13.36%4.67%-13.24%34.70%-11.73%-48.60%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
25.96%25.62%24.60%25.32%25.23%27.09%
Operating Margin
7.73%9.31%7.20%7.04%7.79%10.51%
Pretax Margin
7.59%7.70%5.47%5.31%6.29%8.92%
Profit Margin
5.18%6.07%3.83%3.77%4.61%6.92%
FCF Margin
14.18%9.00%8.72%9.99%7.44%9.28%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.6061.4901.4401.1901.1201.350
Dividend Per Share Growth
6.38%3.47%21.01%6.25%-17.04%0.75%
Dividend Yield
2.36%3.57%2.73%2.97%4.43%2.35%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.4412.0823.7822.1713.2517.25
P/FCF Ratio
6.586.427.575.696.1910.23
PS Ratio
0.610.580.660.570.460.95