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

Newmont is the larger business by last-quarter revenue ($7.3B vs $5.5B, roughly 1.3× Fresenius Medical Care AG). Newmont runs the higher net margin — 26.0% vs 7.9%, a 18.1% gap on every dollar of revenue. On growth, Fresenius Medical Care AG posted the faster year-over-year revenue change (-0.3% vs -31.4%).

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.

Newmont Corporation is an American gold mining company based in Denver, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it holds ownership of gold mines in the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. Newmont is also a partial owner of Nevada Gold Mines in Nevada with Barrick Mining being the majority owner and operator. In addition to gold, Newmont mines copper, silver, zinc and lead.

FMS vs NEM — Head-to-Head

Bigger by revenue
NEM
NEM
1.3× larger
NEM
$7.3B
$5.5B
FMS
Growing faster (revenue YoY)
FMS
FMS
+31.1% gap
FMS
-0.3%
-31.4%
NEM
Higher net margin
NEM
NEM
18.1% more per $
NEM
26.0%
7.9%
FMS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FMS
FMS
NEM
NEM
Revenue
$5.5B
$7.3B
Net Profit
$434.2M
$1.9B
Gross Margin
27.4%
Operating Margin
11.7%
Net Margin
7.9%
26.0%
Revenue YoY
-0.3%
-31.4%
Net Profit YoY
240.4%
-8.3%
EPS (diluted)
$1.68

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
NEM
NEM
Q1 26
$7.3B
Q4 25
$5.5B
$6.8B
Q3 25
$5.5B
Q2 25
$5.3B
Q1 25
$5.0B
Q4 24
$5.5B
$5.7B
Q3 24
$4.6B
Q2 24
$4.4B
Net Profit
FMS
FMS
NEM
NEM
Q1 26
$1.9B
Q4 25
$434.2M
$1.3B
Q3 25
$1.8B
Q2 25
$2.1B
Q1 25
$1.9B
Q4 24
$127.6M
$1.4B
Q3 24
$922.0M
Q2 24
$853.0M
Gross Margin
FMS
FMS
NEM
NEM
Q1 26
Q4 25
27.4%
Q3 25
Q2 25
Q1 25
Q4 24
25.0%
Q3 24
Q2 24
Operating Margin
FMS
FMS
NEM
NEM
Q1 26
Q4 25
11.7%
47.6%
Q3 25
45.4%
Q2 25
58.6%
Q1 25
49.3%
Q4 24
5.1%
36.3%
Q3 24
23.0%
Q2 24
23.5%
Net Margin
FMS
FMS
NEM
NEM
Q1 26
26.0%
Q4 25
7.9%
19.1%
Q3 25
33.2%
Q2 25
38.8%
Q1 25
37.7%
Q4 24
2.3%
24.8%
Q3 24
20.0%
Q2 24
19.4%
EPS (diluted)
FMS
FMS
NEM
NEM
Q1 26
$1.68
Q4 25
$1.19
Q3 25
$1.67
Q2 25
$1.85
Q1 25
$1.68
Q4 24
$1.23
Q3 24
$0.80
Q2 24
$0.74

Balance Sheet & Financial Strength

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

Metric
FMS
FMS
NEM
NEM
Cash + ST InvestmentsLiquidity on hand
$1.7B
$4.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$15.4B
$31.4B
Total Assets
$33.5B
$55.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMS
FMS
NEM
NEM
Q1 26
$4.7B
Q4 25
$1.7B
$8.2B
Q3 25
$6.0B
Q2 25
$6.7B
Q1 25
$4.7B
Q4 24
$1.3B
$3.6B
Q3 24
$3.1B
Q2 24
$2.7B
Total Debt
FMS
FMS
NEM
NEM
Q1 26
Q4 25
$5.1B
Q3 25
$5.2B
Q2 25
$7.1B
Q1 25
$7.5B
Q4 24
$8.5B
Q3 24
$8.6B
Q2 24
$8.7B
Stockholders' Equity
FMS
FMS
NEM
NEM
Q1 26
$31.4B
Q4 25
$15.4B
$33.9B
Q3 25
$33.2B
Q2 25
$32.1B
Q1 25
$31.2B
Q4 24
$17.0B
$29.9B
Q3 24
$29.7B
Q2 24
$29.4B
Total Assets
FMS
FMS
NEM
NEM
Q1 26
$55.5B
Q4 25
$33.5B
$57.1B
Q3 25
$54.7B
Q2 25
$55.2B
Q1 25
$55.5B
Q4 24
$36.3B
$56.3B
Q3 24
$56.2B
Q2 24
$55.7B
Debt / Equity
FMS
FMS
NEM
NEM
Q1 26
Q4 25
0.15×
Q3 25
0.16×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.30×

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
NEM
NEM
Operating Cash FlowLast quarter
$2.9B
Free Cash FlowOCF − Capex
$1.2B
FCF MarginFCF / Revenue
16.5%
Capex IntensityCapex / Revenue
11.3%
Cash ConversionOCF / Net Profit
6.67×
TTM Free Cash FlowTrailing 4 quarters
$7.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMS
FMS
NEM
NEM
Q1 26
Q4 25
$2.9B
$3.6B
Q3 25
$2.3B
Q2 25
$2.4B
Q1 25
$2.0B
Q4 24
$2.6B
$2.5B
Q3 24
$1.6B
Q2 24
$1.4B
Free Cash Flow
FMS
FMS
NEM
NEM
Q1 26
$1.2B
Q4 25
$2.8B
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$1.2B
Q4 24
$1.6B
Q3 24
$771.0M
Q2 24
$628.0M
FCF Margin
FMS
FMS
NEM
NEM
Q1 26
16.5%
Q4 25
41.3%
Q3 25
28.4%
Q2 25
32.2%
Q1 25
24.1%
Q4 24
28.9%
Q3 24
16.7%
Q2 24
14.3%
Capex Intensity
FMS
FMS
NEM
NEM
Q1 26
11.3%
Q4 25
11.9%
Q3 25
13.2%
Q2 25
12.7%
Q1 25
16.5%
Q4 24
15.5%
Q3 24
19.0%
Q2 24
18.2%
Cash Conversion
FMS
FMS
NEM
NEM
Q1 26
Q4 25
6.67×
2.78×
Q3 25
1.25×
Q2 25
1.16×
Q1 25
1.07×
Q4 24
20.20×
1.79×
Q3 24
1.79×
Q2 24
1.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMS
FMS

Segment breakdown not available.

NEM
NEM

Consolidated gold sales, net$6.0B83%
Other$506.0M7%
Consolidated copper sales, net$354.0M5%
Consolidated silver sales, net$188.0M3%
Consolidated zinc sales, net$181.0M2%
Consolidated lead sales, net$42.0M1%

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