Fresenius SE & CO. KGAA Detailed Consensus >> Group
Consensus as of: 2025-02-06

Please kindly note:

  1. Historic numbers have been restated in order to reflect the Vamed exit as well as portfolio adjustments at Fresenius Helios.
  2. The Corporate/Other segment now includes the former Vamed Hospital Services business (HES).
  3. The contribution from Fresenius Medical Care is reflected in the line “Result from investments (Equity method; FME: 32% of net income)”
  4. Consensus estimates are before special items.

KPI[EUR m]Q4 2023FY 2023Q4 2024 EFY 2024 EFY 2025 E
RevenueNumber of Estimates121211
RevenueHighest5,635.021,635.023,005.4
RevenueConsensus (Mean)5,176.020,307.05,484.721,484.722,707.1
RevenueMedian5,468.221,468.222,713.4
RevenueLowest5,225.021,225.022,473.1
Organic revenue growth (in %)Number of Estimates677
Organic revenue growth (in %)Highest7.17.66.2
Organic revenue growth (in %)Consensus (Mean)6.06.05.67.35.7
Organic revenue growth (in %)Median5.87.35.9
Organic revenue growth (in %)Lowest3.86.94.7
EBITNumber of Estimates111110
EBITHighest663.82,506.82,792.0
EBITConsensus (Mean)608.02,266.0634.02,477.02,654.8
EBITMedian636.72,479.72,625.3
EBITLowest604.02,447.02,549.0
EBIT margin (in %)Number of Estimates111110
EBIT margin (in %)Highest12.111.712.3
EBIT margin (in %)Consensus (Mean)11.711.211.611.511.7
EBIT margin (in %)Median11.511.511.6
EBIT margin (in %)Lowest11.311.511.2
Net interestNumber of Estimates111110
Net interestHighest-101.4-437.4-395.5
Net interestConsensus (Mean)-111.0-396.0-105.3-441.3-429.6
Net interestMedian-104.0-440.0-433.2
Net interestLowest-116.0-452.0-451.4
TaxesNumber of Estimates111110
TaxesHighest-127.0-505.0-535.0
TaxesConsensus (Mean)-179.0-504.0-140.2-518.2-561.0
TaxesMedian-140.9-518.9-558.1
TaxesLowest-164.0-542.0-595.9
Tax rate in %Number of Estimates111110
Tax rate in %Highest30.626.526.0
Tax rate in %Consensus (Mean)36.027.026.525.525.2
Tax rate in %Median26.325.425.5
Tax rate in %Lowest24.825.023.3
Core net income (from continuing operations)Number of Estimates111110
Core net income (from continuing operations)Highest4191,5481,795
Core net income (from continuing operations)Consensus (Mean)3181,3663881,5171,664
Core net income (from continuing operations)Median3891,5181,644
Core net income (from continuing operations)Lowest3691,4981,563
Non-controlling interest in continuing operationsNumber of Estimates10109
Non-controlling interest in continuing operationsHighest-6.6-64.6-68.4
Non-controlling interest in continuing operationsConsensus (Mean)-12.0-66.0-22.9-80.9-89.9
Non-controlling interest in continuing operationsMedian-18.5-76.5-86.3
Non-controlling interest in continuing operationsLowest-67.0-125.0-150.0
Core net income (from continuing operations; after minorities)Number of Estimates10109
Core net income (from continuing operations; after minorities)Highest412.81,483.81,703.0
Core net income (from continuing operations; after minorities)Consensus (Mean)306.01,300.0365.51,436.51,579.7
Core net income (from continuing operations; after minorities)Median361.31,432.31,591.0
Core net income (from continuing operations; after minorities)Lowest323.71,394.71,485.0
Core EPS (in EUR; from continuing operations; after minorities)Number of Estimates10109
Core EPS (in EUR; from continuing operations; after minorities)Highest0.732.633.02
Core EPS (in EUR; from continuing operations; after minorities)Consensus (Mean)0.552.310.652.552.80
Core EPS (in EUR; from continuing operations; after minorities)Median0.642.542.82
Core EPS (in EUR; from continuing operations; after minorities)Lowest0.582.482.64
Result from investments (Equity method; FME: 32% of net income)Number of Estimates998
Result from investments (Equity method; FME: 32% of net income)Highest94.4299.4413.7
Result from investments (Equity method; FME: 32% of net income)Consensus (Mean)83.0243.057.2262.2338.0
Result from investments (Equity method; FME: 32% of net income)Median63.9268.9336.1
Result from investments (Equity method; FME: 32% of net income)Lowest-19.5185.5290.8
Net income attributable to FSENumber of Estimates10109
Net income attributable to FSEHighest469.21,745.22,012.9
Net income attributable to FSEConsensus (Mean)389.01,543.0423.71,699.71,901.4
Net income attributable to FSEMedian414.21,690.21,909.3
Net income attributable to FSELowest387.21,663.21,793.0
EPS (in EUR)Number of Estimates10109
EPS (in EUR)Highest0.833.103.57
EPS (in EUR)Consensus (Mean)0.692.740.753.023.37
EPS (in EUR)Median0.743.013.39
EPS (in EUR)Lowest0.682.953.18
Average number of ordinary shares (in million)Number of Estimates121211
Average number of ordinary shares (in million)Highest563.24563.24565.74
Average number of ordinary shares (in million)Consensus (Mean)563.24563.24563.24563.24563.46
Average number of ordinary shares (in million)Median563.24563.24563.24
Average number of ordinary shares (in million)Lowest563.24563.24563.20
Disclaimer

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.