Fresenius Medical Care AGFMCQF 72 Gross Margin % is 25.57% as of Mar. 2026, which is 12% below its 10-year median of 28.98. GuruFocus rates FMCQF with a GF Score™ of 72/100 and a GF Value™ of $45.67 (Fairly Valued). The stock has 4 warning signs investors should review. Among 631 Healthcare Providers & Services companies, Fresenius Medical Care AG ranks worse than 73.85% on this metric.
FMCQF's Gross Margin % is ranked worse than 73.85% of 631
companies
in the Healthcare Providers & Services industry
Industry Median: 40.09
vs FMCQF: 25.96
Fresenius Medical Care AG had a gross margin of 25.57% for the quarter that ended in Mar. 2026 => Competition eroding margins
Fresenius Medical Care AG (OTCPK:FMCQF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Fresenius Medical Care AG had a gross margin of 25.57% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Fresenius Medical Care AG Gross Margin % Related Terms
Fresenius Medical Care AG Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Care Facilities subindustry, Fresenius Medical Care AG's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fresenius Medical Care AG Gross Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fresenius Medical Care AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fresenius Medical Care AG's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Fresenius Medical Care AG (FMCQF) has a Gross Margin % of 25.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fresenius Medical Care AG and its competitors. This is 12% below median its historical median of 28.98. Over the past decade, Fresenius Medical Care AG's Gross Margin % has ranged from 24.60 to 33.89. According to the industry distribution chart, Fresenius Medical Care AG ranks #466 out of 631 companies in the Healthcare Providers & Services industry, placing it in the top 73.9%.
Is Fresenius Medical Care AG's Gross Margin % too high?
Fresenius Medical Care AG's current Gross Margin % of 25.57% is 12% below median its 10-year median of 28.98. Over the past 10 years, this metric has ranged from a low of 24.60 to a high of 33.89. The Healthcare Providers & Services industry median Gross Margin % is 40.09. Fresenius Medical Care AG's value of 25.57% is 36.2% below this industry median. Based on the distribution chart, Fresenius Medical Care AG ranks #466 out of 631 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Fresenius Medical Care AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Gross Margin % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius Medical Care AG ranks #466 out of 631 companies for Gross Margin %. This places Fresenius Medical Care AG in the lower half of its industry. The industry median Gross Margin % is 40.09. Fresenius Medical Care AG's value of 25.57% is 36.2% below this benchmark. Historically, Fresenius Medical Care AG's own Gross Margin % has ranged from 24.60 to 33.89 over the past decade. While the company's 10-year median is 28.98 vs. the industry median of 40.09, Fresenius Medical Care AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.09, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fresenius Medical Care AG's current Gross Margin % of 25.57% is 36.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Fresenius Medical Care AG and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius Medical Care AG's current Gross Margin % is 25.57%, which is 12% below median its own 10-year median of 28.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Based on GuruFocus' analysis, Fresenius Medical Care AG (FMCQF) is currently considered Fairly Valued. The stock's GF Value™ is $45.67, compared to a current price of $45.17 — trading 1.1% below its estimated fair value. The current Gross Margin % is 25.57%, which is 12% below median its 10-year median of 28.98 and 36.2% below the Healthcare Providers & Services industry median of 40.09. Fresenius Medical Care AG's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Fresenius Medical Care AG (FMCQF), the current Gross Margin % is 25.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fresenius Medical Care AG (FMCQF) Overvalued in 2026?
Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be undervalued.
The current stock price of $45.17 is trading 1.1% below its estimated GF Value™ of $45.67.
GuruFocus considers Fresenius Medical Care AG to be Fairly Valued.
Key valuation signals for FMCQF:
Gross Margin %: 25.57% (12% below median its 10-year median of 28.98)
GF Value™: $45.67 vs. price of $45.17 (1.1% below fair value)
Industry Position: 36.2% below the Healthcare Providers & Services median (#466 of 631)
No single metric tells the full story. See the FMCQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
72GF Score
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