Fresenius SE KGaA (XSWX:FRE) Interest Coverage: 10.36 (As of Mar. 2026) — 98% Above Median


XSWX:FRE Fresenius SE & Co KGaA XSWX:FRE
71 GF Score
Price CHF35.86
GF Value CHF32.85
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Fresenius SE KGaA Interest Coverage?

Fresenius SE KGaA XSWX:FRE 71 Interest Coverage is 10.36 as of Mar. 2026, which is 98% above its 10-year median of 5.22. GuruFocus rates XSWX:FRE with a GF Score™ of 71/100 and a GF Value™ of CHF32.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 453 Healthcare Providers & Services companies, Fresenius SE KGaA ranks worse than 52.54% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Fresenius SE KGaA's Operating Income for the three months ended in Mar. 2026 was CHF547 Mil. Fresenius SE KGaA's Interest Expense for the three months ended in Mar. 2026 was CHF-53 Mil. Fresenius SE KGaA's interest coverage for the quarter that ended in Mar. 2026 was 10.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fresenius SE KGaA's Interest Coverage or its related term are showing as below:

XSWX:FRE' s Interest Coverage Range Over the Past 10 Years
Min: 2.28   Med: 5.22   Max: 7.38
Current: 7.38


XSWX:FRE's Interest Coverage is ranked worse than
52.54% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 7.98 vs XSWX:FRE: 7.38

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Fresenius SE KGaA  (XSWX:FRE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Fresenius SE KGaA Interest Coverage Related Terms


Fresenius SE KGaA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fresenius SE KGaA's Interest Coverage can be seen below:

* 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Fresenius SE KGaA Interest Coverage Chart

Fresenius SE KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 5.25 2.28 3.76 4.90

Fresenius SE KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.41 5.23 8.79 7.10 10.36

XSWX:FRE vs HCA, THC, DVA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Fresenius SE KGaA's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 SE KGaA Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fresenius SE KGaA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fresenius SE KGaA's Interest Coverage falls into.


XSWX:FRE
71GF Score
Fresenius SE & Co KGaA XSWX:FRE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fresenius SE KGaA Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Fresenius SE KGaA's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Fresenius SE KGaA's Interest Expense was CHF-415 Mil. Its Operating Income was CHF2,036 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF9,762 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2035.548/-415.246
=4.90

Fresenius SE KGaA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Fresenius SE KGaA's Interest Expense was CHF-53 Mil. Its Operating Income was CHF547 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF8,681 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*547.014/-52.79
=10.36

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 10.36 mean?
Fresenius SE KGaA (XSWX:FRE) has a Interest Coverage of 10.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fresenius SE KGaA and its competitors. This is 98% above median its historical median of 5.22. Over the past decade, Fresenius SE KGaA's Interest Coverage has ranged from 2.28 to 7.38. According to the industry distribution chart, Fresenius SE KGaA ranks #238 out of 453 companies in the Healthcare Providers & Services industry, placing it in the top 52.5%.
Is Fresenius SE KGaA's Interest Coverage too high?
Fresenius SE KGaA's current Interest Coverage of 10.36 is 98% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 7.38. The Healthcare Providers & Services industry median Interest Coverage is 7.98. Fresenius SE KGaA's value of 10.36 is 29.8% above this industry median. Based on the distribution chart, Fresenius SE KGaA ranks #238 out of 453 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Fresenius SE KGaA has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fresenius SE KGaA's Interest Coverage compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius SE KGaA ranks #238 out of 453 companies for Interest Coverage. This places Fresenius SE KGaA in the lower half of its industry. The industry median Interest Coverage is 7.98. Fresenius SE KGaA's value of 10.36 is 29.8% above this benchmark. Historically, Fresenius SE KGaA's own Interest Coverage has ranged from 2.28 to 7.38 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 7.98, Fresenius SE KGaA has consistently been above 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 Interest Coverage for a Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fresenius SE KGaA's current Interest Coverage of 10.36 is 29.8% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fresenius SE KGaA and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius SE KGaA's current Interest Coverage is 10.36, which is 98% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius SE KGaA stock overvalued right now?
Based on GuruFocus' analysis, Fresenius SE KGaA (XSWX:FRE) is currently considered Fairly Valued. The stock's GF Value™ is CHF32.85, compared to a current price of CHF35.86 — trading 9.2% above its estimated fair value. The current Interest Coverage is 10.36, which is 98% above median its 10-year median of 5.22 and 29.8% above the Healthcare Providers & Services industry median of 7.98. Fresenius SE KGaA's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Fresenius SE KGaA (XSWX:FRE), the current Interest Coverage is 10.36 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 SE KGaA (XSWX:FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Fresenius SE KGaA stock appears to be overvalued. The current stock price of CHF35.86 is trading 9.2% above its estimated GF Value™ of CHF32.85. GuruFocus considers Fresenius SE KGaA to be Fairly Valued.

Key valuation signals for XSWX:FRE:

  • Interest Coverage: 10.36 (98% above median its 10-year median of 5.22)
  • GF Value™: CHF32.85 vs. price of CHF35.86 (9.2% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 29.8% above the Healthcare Providers & Services median (#238 of 453)

No single metric tells the full story. See the XSWX:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fresenius SE KGaA Business Description

Address Else-Kroener-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius is a healthcare holding company based in Germany. The company owns a minority stake in dialysis service provider and equipment manufacturer Fresenius Medical Care. The Kabi segment manufactures intravenous drugs, nutrition products, infusion and transfusion therapies, and related pumps. The Helios segment operates private hospitals primarily in Germany and Spain.
71GF Score

Get the complete analysis for XSWX:FRE

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF35.86
Price
CHF32.85
GF Value