Fresenius Medical Care AG & Co. KGaA (FME.DE) stock analysis

In our weekly check, Fresenius Medical Care AG & Co. KGaA is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 16 pass, warnings: 6, red flags: 2.

About Fresenius Medical Care AG & Co. KGaA

Fresenius Medical Care AG & Co. KGaA is a Healthcare company (Medical - Care Facilities) based in Germany, listed on XETRA as FME.DE.

What our checks show for FME.DE

Red flags

• The net margin is only 4.8%: little room if costs rise.
• The stock has fallen as much as 72% from a peak. Would you have held through that?

Warning signs

• The net margin fell by 0.7 points over 5 years, to 4.8%: the company keeps less of each sale as profit.
• The gross margin fell by 2.5 points, to 26.4%: costs are rising faster than prices.
• Analysts expect only about 2.9% a year of growth in revenue.
• Revenue grew only 0.1% a year over the last 3 years.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 8.6%.

Strengths

• Operating cash flow is 3.02x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 16.9% a year over the next years.
• Earnings per share grew 13% a year over the last 3 years.
• Net profit grew 11.7% a year over the last 3 years.
• The price is 12.2 times earnings (P/E), reasonable for its growth.
• A large company: market value $12.05 billion.

Next earnings report: 2026-11-03

Similar companies

EHC · DVA · UHS · ENSG · PACS · THC

Questions

What grade does Fresenius Medical Care AG & Co. KGaA (FME.DE) have?

In our weekly check, Fresenius Medical Care AG & Co. KGaA is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 16 pass, warnings: 6, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of FME.DE stock?

This week's biggest flags for Fresenius Medical Care AG & Co. KGaA: Thin margins, Deep past fall, Margins falling. In total 8 of 24 checks show a warning or a red flag.

What does Fresenius Medical Care AG & Co. KGaA do?

Fresenius Medical Care AG & Co. KGaA is a Healthcare company (Medical - Care Facilities) based in Germany, listed on XETRA as FME.DE.

When does Fresenius Medical Care AG & Co. KGaA report earnings next?

The next earnings report is expected on 2026-11-03. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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