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Fresenius Medical Care AG

FMSHealthcareNASDAQ

Medical Care Facilities

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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 Fresenius Medical Care AG

Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally. At a $11.62B market cap, Fresenius Medical Care AG ranks as a large-cap company within healthcare. 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$11.62B
P/E (TTM)11.38
Fwd P/E5.51
EPS$1.90
Beta0.82
52W Change-23.8%
Dividend Yield4.03%
ROE7.8%
Analysis

The company holds $1.24B in cash, though total debt stands at $11.04B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. 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 uneven over recent years, ranging from $17.62B to $19.63B.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Fresenius Medical Care AG and its sector.

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