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Side-by-side financial comparison of Fresenius Medical Care AG (FMS) and Kimberly-Clark (KMB). Click either name above to swap in a different company.

Fresenius Medical Care AG is the larger business by last-quarter revenue ($5.5B vs $4.2B, roughly 1.3× Kimberly-Clark). Kimberly-Clark runs the higher net margin — 16.2% vs 7.9%, a 8.3% gap on every dollar of revenue. On growth, Kimberly-Clark posted the faster year-over-year revenue change (2.7% vs -0.3%).

Fresenius Medical Care AG & Co. KGaA is a German healthcare company which provides kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo dialysis 3 times per week for the rest of their lives.

Kimberly-Clark Corporation is an American multinational consumer goods and personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.

FMS vs KMB — Head-to-Head

Bigger by revenue
FMS
FMS
1.3× larger
FMS
$5.5B
$4.2B
KMB
Growing faster (revenue YoY)
KMB
KMB
+3.0% gap
KMB
2.7%
-0.3%
FMS
Higher net margin
KMB
KMB
8.3% more per $
KMB
16.2%
7.9%
FMS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FMS
FMS
KMB
KMB
Revenue
$5.5B
$4.2B
Net Profit
$434.2M
$675.0M
Gross Margin
27.4%
36.8%
Operating Margin
11.7%
18.1%
Net Margin
7.9%
16.2%
Revenue YoY
-0.3%
2.7%
Net Profit YoY
240.4%
17.8%
EPS (diluted)
$2.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FMS
FMS
KMB
KMB
Q1 26
$4.2B
Q4 25
$5.5B
$3.3B
Q3 25
$4.2B
Q2 25
$4.2B
Q1 25
$4.8B
Q4 24
$5.5B
$4.9B
Q3 24
$5.0B
Q2 24
$5.0B
Net Profit
FMS
FMS
KMB
KMB
Q1 26
$675.0M
Q4 25
$434.2M
$499.0M
Q3 25
$446.0M
Q2 25
$509.0M
Q1 25
$567.0M
Q4 24
$127.6M
$447.0M
Q3 24
$907.0M
Q2 24
$544.0M
Gross Margin
FMS
FMS
KMB
KMB
Q1 26
36.8%
Q4 25
27.4%
37.7%
Q3 25
36.0%
Q2 25
35.0%
Q1 25
35.8%
Q4 24
25.0%
34.0%
Q3 24
36.0%
Q2 24
36.0%
Operating Margin
FMS
FMS
KMB
KMB
Q1 26
18.1%
Q4 25
11.7%
11.2%
Q3 25
15.0%
Q2 25
14.2%
Q1 25
15.9%
Q4 24
5.1%
11.1%
Q3 24
23.3%
Q2 24
13.0%
Net Margin
FMS
FMS
KMB
KMB
Q1 26
16.2%
Q4 25
7.9%
15.1%
Q3 25
10.7%
Q2 25
12.2%
Q1 25
11.7%
Q4 24
2.3%
9.1%
Q3 24
18.3%
Q2 24
10.8%
EPS (diluted)
FMS
FMS
KMB
KMB
Q1 26
$2.00
Q4 25
$1.50
Q3 25
$1.34
Q2 25
$1.53
Q1 25
$1.70
Q4 24
$1.34
Q3 24
$2.69
Q2 24
$1.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FMS
FMS
KMB
KMB
Cash + ST InvestmentsLiquidity on hand
$1.7B
$542.0K
Total DebtLower is stronger
$6.5M
Stockholders' EquityBook value
$15.4B
$1.9M
Total Assets
$33.5B
$17.2M
Debt / EquityLower = less leverage
3.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMS
FMS
KMB
KMB
Q1 26
$542.0K
Q4 25
$1.7B
$688.0M
Q3 25
$617.0M
Q2 25
$634.0M
Q1 25
$563.0M
Q4 24
$1.3B
$1.0B
Q3 24
$1.1B
Q2 24
$1.2B
Total Debt
FMS
FMS
KMB
KMB
Q1 26
$6.5M
Q4 25
$6.5B
Q3 25
$6.5B
Q2 25
$6.5B
Q1 25
$6.5B
Q4 24
$6.9B
Q3 24
$6.9B
Q2 24
$7.2B
Stockholders' Equity
FMS
FMS
KMB
KMB
Q1 26
$1.9M
Q4 25
$15.4B
$1.5B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.1B
Q4 24
$17.0B
$840.0M
Q3 24
$1.3B
Q2 24
$1.1B
Total Assets
FMS
FMS
KMB
KMB
Q1 26
$17.2M
Q4 25
$33.5B
$17.1B
Q3 25
$16.9B
Q2 25
$16.8B
Q1 25
$16.3B
Q4 24
$36.3B
$16.5B
Q3 24
$17.2B
Q2 24
$17.3B
Debt / Equity
FMS
FMS
KMB
KMB
Q1 26
3.38×
Q4 25
4.31×
Q3 25
4.86×
Q2 25
5.09×
Q1 25
5.89×
Q4 24
8.18×
Q3 24
5.36×
Q2 24
6.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FMS
FMS
KMB
KMB
Operating Cash FlowLast quarter
$2.9B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMS
FMS
KMB
KMB
Q1 26
Q4 25
$2.9B
$972.0M
Q3 25
$708.0M
Q2 25
$770.0M
Q1 25
$327.0M
Q4 24
$2.6B
$817.0M
Q3 24
$958.0M
Q2 24
$1.0B
Free Cash Flow
FMS
FMS
KMB
KMB
Q1 26
Q4 25
$575.0M
Q3 25
$368.0M
Q2 25
$573.0M
Q1 25
$123.0M
Q4 24
$608.0M
Q3 24
$798.0M
Q2 24
$863.0M
FCF Margin
FMS
FMS
KMB
KMB
Q1 26
Q4 25
17.5%
Q3 25
8.9%
Q2 25
13.8%
Q1 25
2.5%
Q4 24
12.3%
Q3 24
16.1%
Q2 24
17.2%
Capex Intensity
FMS
FMS
KMB
KMB
Q1 26
Q4 25
12.1%
Q3 25
8.2%
Q2 25
4.7%
Q1 25
4.2%
Q4 24
4.2%
Q3 24
3.2%
Q2 24
3.1%
Cash Conversion
FMS
FMS
KMB
KMB
Q1 26
Q4 25
6.67×
1.95×
Q3 25
1.59×
Q2 25
1.51×
Q1 25
0.58×
Q4 24
20.20×
1.83×
Q3 24
1.06×
Q2 24
1.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FMS
FMS

Segment breakdown not available.

KMB
KMB

NA$2.7B64%
IPC$1.5B36%

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