Fresenius SE & Co. KGaA annual debt-to-equity ratio
2021
2022
2023
2024
2025
Fresenius SE & Co. KGaA Debt-to-Equity Ratio Growth & History (FRE)
Fresenius SE & Co. KGaA's debt-to-equity ratio was 0.12 for fiscal 2025.
View full Fresenius SE & Co. KGaA company overviewFresenius SE & Co. KGaA annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.12 | −0.05 | −27.57% |
| 2024 | 2024-12-31 | 0.17 | −0.64 | −79.42% |
| 2023 | 2023-12-31 | 0.81 | 0.34 | +74.45% |
| 2022 | 2022-12-31 | 0.46 | −0.02 | −4.54% |
| 2021 | 2021-12-31 | 0.48 | — | — |
Fresenius SE & Co. KGaA quarterly debt-to-equity ratio
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.58 | −0.12 | −17.56% |
| Q1 2026 | 2026-03-31 | 0.60 | −0.10 | −14.32% |
| Q4 2025 | 2025-12-31 | 0.62 | — | — |
| Q2 2025 | 2025-06-30 | 0.70 | — | — |
| Q1 2025 | 2025-03-31 | 0.70 | — | — |
Fresenius SE & Co. KGaA debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Fresenius SE & Co. KGaA's debt-to-equity ratio decreased from 0.48 to 0.12, a change of −0.36. The latest reported quarter, Q2 2026, shows 0.58.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fresenius SE & Co. KGaA source filings ↗