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Fresenius Medical Care AG (FMS)

Healthcare | Medical Care Facilities | Bad Homburg, Germany | NYSE
23.10 USD -0.17 (-0.731%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 23.10

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 3:48 a.m. EDT

Fresenius Medical Care presents a compelling value case obscured by recent operational headwinds. The stock trades at a significant discount to book value (P/B < 0.9) with a forward P/E of roughly 6.4, implying the market has priced in a permanent impairment of the business. However, the fundamentals tell a different story: the company generated positive free cash flow, maintains a manageable payout ratio of 45%, and recently posted a year-over-year revenue gain. The recent price decline was driven by 'meek' guidance rather than a collapse in core dialysis demand. The long-term rating is solid because the business remains a cash generator with a fortress-like dividend history, though the multi-year price chart shows a brutal decline that has yet to fully reverse sentiment. The short-term outlook is neutral-to-slightly-bearish; the statistical forecast offers no edge, and the options market is hedging against further downside. Investors should view the current dip as a buying opportunity for a long-term hold, but patience is required as the stock digests the recent earnings disappointment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.088319
AutoETS0.090954
AutoARIMA0.090955
MSTL0.094163

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 5.09
Ljung-Box p 0.000
Jarque-Bera p 0.098
Excess Kurtosis 0.33
Attribute Value
Sector Healthcare
Ex Dividend Date 2026-05-21
Last Dividend Date 2026-05-21
Debt to Equity Ratio 81.131
Revenue per Share 34.6425
Market Cap 12,294,267,904
Trailing P/E 12.03
Forward P/E 6.31
Beta 0.84
Profit Margins 4.83%
Previous Name Fresenius Medical Care AG & Co. KGaA
Website https://www.freseniusmedicalcare.com

As of Aug. 22, 2026, 3:48 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts expiring in October, suggesting a fear of a drop toward the $20 strike. Conversely, call activity is concentrated in deep out-of-the-money strikes ($25 and above), indicating a speculative hope for a rebound to $25-$27 rather than a confident bet on immediate upside. Implied volatility is elevated for near-term puts, reflecting uncertainty about the company's recent earnings miss and weak guidance.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
4.03% 4.03% 3.24% 2.96%
Dividend History
Date Dividend Yield %
2026-05-22 0.8720 4.029575
2025-05-23 0.8150 2.808408
2024-05-17 0.6340 2.885753
2023-05-17 0.6180 2.666091
2022-05-13 0.7090 2.427251
2021-05-24 0.8340 2.052165
2020-08-28 0.7070 1.673373
2019-05-17 0.6550 1.699533
2018-05-21 0.6320 1.234134
2017-05-11 0.5140 1.111592
2016-05-10 0.4400 1.024447
2015-05-15 0.4380 1.016713
2014-05-13 0.5330 1.625992
2013-05-14 0.4900 1.421939
2012-05-08 0.4555 1.322206
2011-05-10 0.4750 1.310164
2010-05-07 0.4075 1.668031
2009-05-05 0.3745 2.027612
2008-05-16 0.4160 1.529412
2007-05-11 0.3135 1.246273
2006-05-05 0.2440 1.239208
2005-05-20 0.2390 1.796317
2004-05-25 0.2110 1.762004
2004-05-20 0.0415 0.356376
2003-05-20 0.1675 2.087228
2002-05-20 0.1245 1.310526
2001-05-21 0.1210 0.989370
2000-05-25 0.1105 0.877419
1999-05-28 0.1035 1.217647
1998-06-08 0.0930 0.804324
Additional Data
dividendRate 0.87
dividendYield 3.75
exDividendDate 2026-05-22
trailingAnnualDividendRate 1.49
trailingAnnualDividendYield 0.06403094
lastDividendValue 0.872
lastDividendDate 2026-05-22
dividendDate 2026-06-08

Info Dump

Attribute Value
52 Week Change -0.044745505
Address1 Else-Kröner-Strasse 1
All Time High 57.94
All Time Low 3.35
Ask 23.06
Ask Size 400
Average Analyst Rating 3.1 - Hold
Average Daily Volume10 Day 637,850
Average Daily Volume3 Month 700,954
Average Volume 700,954
Average Volume10Days 637,850
Beta 0.839
Bid 23.05
Bid Size 300
Book Value 27.543177
City Bad Homburg
Compensation As Of Epoch Date 1,767,139,200
Country Germany
Crypto Tradeable 0
Currency USD
Current Price 23.1
Current Ratio 1.071
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 23.24
Day Low 22.91
Debt To Equity 81.131
Dividend Date 1,780,876,800
Dividend Rate 0.87
Dividend Yield 3.75
Earnings Call Timestamp End 1,785,830,400
Earnings Call Timestamp Start 1,785,830,400
Earnings Growth 0.055
Earnings Quarterly Growth -0.031
Earnings Timestamp 1,785,783,600
Earnings Timestamp End 1,793,736,000
Earnings Timestamp Start 1,793,736,000
Ebitda 2,721,596,928
Ebitda Margins 0.14009
Enterprise To Ebitda 8.519
Enterprise To Revenue 1.193
Enterprise Value 23,185,582,080
Eps Current Year 2.06725
Eps Forward 3.6631906
Eps Trailing Twelve Months 1.92
Esg Populated 0
Ex Dividend Date 1,779,408,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.9416
Fifty Day Average Change -0.8416004
Fifty Day Average Change Percent -0.03515222
Fifty Two Week Change Percent -4.4745502
Fifty Two Week High 27.64
Fifty Two Week High Change -4.539999
Fifty Two Week High Change Percent -0.16425467
Fifty Two Week Low 20.02
Fifty Two Week Low Change 3.08
Fifty Two Week Low Change Percent 0.15384614
Fifty Two Week Range 20.02 - 27.64
Financial Currency EUR
First Trade Date Milliseconds 842,967,000,000
Five Year Avg Dividend Yield 1.3
Float Shares 397,115,483
Forward Eps 3.6631906
Forward P E 6.3059783
Free Cashflow 2,022,340,224
Full Exchange Name NYSE
Full Time Employees 107,226
Fullday Change -0.17
Fullday Change Percent -0.730555
Fullday Price 23.1
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.26354998
Gross Profits 5,120,064,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.099180005
Implied Shares Outstanding 532,219,370
Industry Medical Care Facilities
Industry Disp Medical Care Facilities
Industry Key medical-care-facilities
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,779,408,000
Last Dividend Value 0.872
Last Fiscal Year End 1,767,139,200
Last Split Date 1,354,579,200
Last Split Factor 2:1
Long Business Summary Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally. 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. The company operates through Care Delivery and Care Enablement segments. It also develops, manufactures, and distributes various health care products, including hemodialysis machines, peritoneal dialysis cyclers, peritoneal dialysis solutions, hemodialysis concentrates, solutions and granulates, bloodlines, renal pharmaceuticals, systems for water treatment, and acute cardiopulmonary and apheresis products. In addition, the company develops, acquires, and in-licenses renal pharmaceuticals; offers renal medications and supplies to patients at homes or to dialysis clinics; and provides vascular specialty, ambulatory surgery center, physician nephrology practice management, pharmacy and other services. The company sells its products to dialysis clinics, hospitals, and specialized treatment clinics, as well as through local sales forces, independent distributors, dealers, and sales agents. The company was incorporated in 1996 and is headquartered in Bad Homburg, Germany.
Long Name Fresenius Medical Care AG
Market us_market
Market Cap 12,294,267,904
Market State CLOSED
Max Age 86,400
Message Board Id finmb_384522
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common 937,780,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 12,384,744,739
Number Of Analyst Opinions 7
Open 23.16
Operating Cashflow 2,830,430,976
Operating Margins 0.10773
Payout Ratio 0.45029998
Peg Ratio 0.81
Phone 49 6172 609 0
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 23.1
Post Market Time 1,787,959,804
Prev Name Fresenius Medical Care AG & Co. KGaA
Previous Close 23.27
Price Eps Current Year 11.174266
Price Hint 2
Price To Book 0.83868325
Price To Sales Trailing12 Months 0.63283956
Profit Margins 0.048270002
Quick Ratio 0.631
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.14286
Region US
Regular Market Change -0.17
Regular Market Change Percent -0.730555
Regular Market Day High 23.24
Regular Market Day Low 22.91
Regular Market Day Range 22.91 - 23.24
Regular Market Open 23.16
Regular Market Previous Close 23.27
Regular Market Price 23.1
Regular Market Time 1,787,947,203
Regular Market Volume 715,623
Return On Assets 0.0398
Return On Equity 0.08524
Revenue Growth 0.014
Revenue Per Share 34.6425
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 532,219,370
Shares Percent Shares Out 0.0052
Shares Short 2,673,636
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,677,990
Short Name Fresenius Medical Care AG
Short Ratio 3.63
Source Interval 15
Symbol FMS
Target High Price 38.268833
Target Low Price 17.396292
Target Mean Price 25.760963
Target Median Price 24.823872
Total Cash 1,061,251,008
Total Cash Per Share 1.994
Total Debt 10,978,023,424
Total Revenue 19,427,147,776
Tradeable 0
Trailing Annual Dividend Rate 1.49
Trailing Annual Dividend Yield 0.06403094
Trailing Eps 1.92
Trailing P E 12.03125
Trailing Peg Ratio 0.8091
Triggerable 1
Two Hundred Day Average 23.1421
Two Hundred Day Average Change -0.042099
Two Hundred Day Average Change Percent -0.0018191522
Type Disp Equity
Volume 715,623
Website https://www.freseniusmedicalcare.com
Zip 61,352