Fresenius Medical Care AG & Co. KGaA
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
13.1511.3610.368.39
Price/Sales ratio
0.660.640.610.57
Earnings per Share (EPS)
$1.89$2.19$2.40$2.97

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
21.5924.9220.7320.888.738.288.588.626.6411.309.818.73
Price/Sales ratio
1.421.531.431.501.040.560.550.470.230.280.670.67
Price/Book Value ratio
2.252.442.242.461.340.750.810.590.280.410.470.75
Price/Cash Flow ratio
12.1213.0812.0412.198.393.872.363.352.062.142.843.87
Price/Free Cash Flow ratio
2.50K356.20263.0365.688.65K30.214.6610.375.912.907.0230.21
Price/Earnings Growth ratio
2.852.351.081.770.160.36N/A-0.52-0.21-0.432.550.16
Dividend Yield
1.40%1.02%1.07%1.09%1.87%3.56%3.51%4.69%8.83%5.82%2.87%1.87%
Profitability Indicator Ratios
Gross Profit Margin
31.55%31.84%32.27%33.76%31.15%30.87%31.00%28.81%27.37%25.31%25.13%30.87%
Operating Profit Margin
14.24%13.90%14.72%13.28%18.35%4.06%2.96%1.71%-1.33%7.03%8.02%8.02%
Pretax Profit Margin
11.64%11.56%12.46%11.29%16.54%10.53%10.84%8.92%6.28%5.31%6.07%10.53%
Net Profit Margin
6.60%6.14%6.93%7.19%11.97%6.86%6.51%5.50%3.47%2.56%3.42%6.86%
Effective Tax Rate
31.67%32.17%30.60%22.60%18.67%21.83%25.87%22.45%26.63%29.09%29.20%18.67%
Return on Assets
4.10%4.03%4.61%5.32%7.55%3.64%3.67%2.82%1.88%1.47%2.02%3.64%
Return On Equity
10.42%9.80%10.84%11.82%15.36%9.07%9.44%6.93%4.35%3.66%4.68%9.07%
Return on Capital Employed
10.26%10.90%12.04%12.61%15.21%2.73%2.07%1.11%-0.88%4.92%5.79%5.79%
Liquidity Ratios
Current Ratio
1.931.661.451.201.251.021.18N/AN/AN/A1.371.25
Quick Ratio
1.611.341.170.951.010.780.870.810.911.061.011.01
Cash ratio
0.180.130.140.180.340.140.170.200.190.220.230.23
Days of Sales Outstanding
92.8690.6388.7171.8575.6675.0166.7074.1769.9968.2562.2075.01
Days of Inventory outstanding
37.5742.9042.4139.9946.9950.2556.1459.3159.4954.7453.2046.99
Operating Cycle
130.44133.54131.13111.84122.66125.26122.84133.48129.48123.00115.41125.26
Days of Payables Outstanding
24.1525.1526.5619.5522.5222.8423.5423.8223.1221.0722.0022.84
Cash Conversion Cycle
106.28108.38104.5692.29100.14102.4299.29109.66106.35101.9293.40102.42
Debt Ratios
Debt Ratio
0.370.330.310.310.280.270.240.240.230.230.220.27
Debt Equity Ratio
0.950.820.740.690.580.680.630.610.550.580.530.68
Long-term Debt to Capitalization
0.470.420.380.340.280.320.350.320.310.330.310.28
Total Debt to Capitalization
0.480.450.420.400.360.400.390.380.350.360.340.40
Interest Coverage Ratio
4.494.515.685.774.804.415.31N/AN/AN/A3.944.41
Cash Flow to Debt Ratio
0.190.220.240.290.270.280.530.290.250.330.310.27
Company Equity Multiplier
2.532.432.352.212.032.482.562.452.312.492.382.03
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.110.110.110.120.120.140.230.140.110.130.110.14
Free Cash Flow / Operating Cash Flow Ratio
0.000.030.040.180.000.120.500.320.340.730.800.00
Cash Flow Coverage Ratio
0.190.220.240.290.270.280.530.290.250.330.310.27
Short Term Coverage Ratio
4.122.471.561.270.810.963.891.291.582.782.170.81
Dividend Payout Ratio
30.42%25.58%22.29%22.96%16.38%29.55%30.15%40.48%58.73%65.85%52.99%16.38%