# Fresenius Medical Care AG (FMS)

Source page: https://stoqly.net/companies/fms

- **Ticker:** FMS (NYSE)
- **Sector:** Health Care / Services-Misc Health & Allied Services, Nec
- **SEC CIK:** 0001333141
- **Latest annual report:** 20-F filed 2026-02-24 (https://www.sec.gov/Archives/edgar/data/1333141/000110465926019005/fms-20251231x20f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $22.47 on 2026-10-30
- **Market cap:** $6.5B
- **P/E (trailing):** 5.9x
- **EPS, trailing 12 months:** $3.79
- **Revenue (FY2025):** $22.1B
- **Revenue growth:** +5.8%
- **Revenue growth, 5-year CAGR:** +1.7%
- **Gross margin:** 25.6%
- **Operating margin:** 9.3%
- **Net margin:** 5.0%
- **Return on invested capital:** 6.1%
- **Return on equity:** 7.2%
- **Net debt:** $10.8B
- **Net debt / EBITDA:** 2.9x
- **Change in share count:** −0.8%
- **Piotroski F-score:** 7/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/fms/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 18,325 | 20,048 | 19,525 | 19,563 | 20,356 | 20,837 | 20,388 | 21,037 | 20,918 | 22,133 |
| Operating income | 2,664 | 2,663 | 3,585 | 2,540 | 2,627 | 2,191 | 1,589 | 1,481 | 1,506 | 2,060 |
| Net income | 1,265 | 1,443 | 2,339 | 1,343 | 1,327 | 1,146 | 708 | 540 | 582 | 1,103 |
| Diluted EPS (US$) | 4.13 | 4.69 | 7.61 | 4.43 | 4.51 | 3.91 | 2.42 | 1.84 | 1.98 | 3.79 |
| Operating cash flow | 2,137 | 2,471 | 2,433 | 2,873 | 4,825 | 2,944 | 2,278 | 2,843 | 2,581 | 3,023 |
| Free cash flow | 3,166 | 1,406 | 1,185 | 1,614 | — | — | — | — | — | — |
| Cash | 747 | 1,173 | 2,457 | 1,132 | 1,327 | 1,678 | 1,359 | 1,551 | 1,226 | 1,879 |
| Debt and leases | 7,966 | 8,009 | 8,640 | 15,483 | 15,192 | 15,086 | 14,071 | 13,466 | 11,416 | 12,685 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.