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FME.DEXETR
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Financials · Annual
Revenue
$19.63B
+1.5% YoY
Net Income
$978.4M
+81.9% YoY
EBITDA
$3.40B
+6.0% YoY
Free Cash Flow
$1.67B

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About FME.DE

Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally. The $9.99B market capitalization puts FME.DE squarely in mid-cap range for its industry. The company offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patient's residence; and dialysis services under contract to hospitals in the United States for the hospitalized end-stage renal disease (ESRD) patients and for patients suffering from acute kidney failure.

Key stats
Market Cap$9.99B
P/E (TTM)11.37
Fwd P/E8.41
EPS$3.27
Beta0.82
52W Change-26.1%
Dividend Yield4.00%
ROE7.8%
Analysis

Fresenius Medical Care AG carries $11.04B in total debt against $1.24B in cash reserves — debt is roughly 8.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $1.67B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 7.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.6% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $19.40B (2022) to $19.63B (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Fresenius Medical Care AG's trajectory.

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