FMS

$21.41-2.42%

as of close, Oct 20, 2026

☾ AH $21.41 -2.42%

Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share)Stock · Healthcare

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How Fresenius Medical Care ADR makes money

Period

FY2025

How does Fresenius Medical Care ADR make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) · FY2025 · year ended 2025-12-31

Revenue$22.2BGross profit$5.7B · 26%Cost of revenue$16.5B · 74%Operating income$2.1B · 9%Operating expenses$3.6B · 16%R&D$179M · 1%Other opex$3.4B · 16%Pre-tax income$1.7B · 8%Other expense$356M · 2%Net income$1.3B · 6%Income tax$363M · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.