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Side-by-side financial comparison of Fresenius Medical Care AG (FMS) and PILGRIMS PRIDE CORP (PPC). 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 $4.5B, roughly 1.2× PILGRIMS PRIDE CORP). Fresenius Medical Care AG runs the higher net margin — 7.9% vs 1.9%, a 6.0% gap on every dollar of revenue. On growth, PILGRIMS PRIDE CORP posted the faster year-over-year revenue change (3.3% 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.

Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.

FMS vs PPC — Head-to-Head

Bigger by revenue
FMS
FMS
1.2× larger
FMS
$5.5B
$4.5B
PPC
Growing faster (revenue YoY)
PPC
PPC
+3.6% gap
PPC
3.3%
-0.3%
FMS
Higher net margin
FMS
FMS
6.0% more per $
FMS
7.9%
1.9%
PPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMS
FMS
PPC
PPC
Revenue
$5.5B
$4.5B
Net Profit
$434.2M
$88.0M
Gross Margin
27.4%
9.5%
Operating Margin
11.7%
4.5%
Net Margin
7.9%
1.9%
Revenue YoY
-0.3%
3.3%
Net Profit YoY
240.4%
-62.7%
EPS (diluted)
$0.37

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
PPC
PPC
Q4 25
$5.5B
$4.5B
Q3 25
$4.8B
Q2 25
$4.8B
Q1 25
$4.5B
Q4 24
$5.5B
$4.4B
Q3 24
$4.6B
Q2 24
$4.6B
Q1 24
$4.4B
Net Profit
FMS
FMS
PPC
PPC
Q4 25
$434.2M
$88.0M
Q3 25
$342.8M
Q2 25
$355.5M
Q1 25
$296.0M
Q4 24
$127.6M
$235.9M
Q3 24
$349.9M
Q2 24
$326.3M
Q1 24
$174.4M
Gross Margin
FMS
FMS
PPC
PPC
Q4 25
27.4%
9.5%
Q3 25
13.9%
Q2 25
15.0%
Q1 25
12.4%
Q4 24
25.0%
12.7%
Q3 24
14.9%
Q2 24
15.2%
Q1 24
8.8%
Operating Margin
FMS
FMS
PPC
PPC
Q4 25
11.7%
4.5%
Q3 25
10.4%
Q2 25
10.8%
Q1 25
9.1%
Q4 24
5.1%
7.0%
Q3 24
11.1%
Q2 24
9.7%
Q1 24
5.7%
Net Margin
FMS
FMS
PPC
PPC
Q4 25
7.9%
1.9%
Q3 25
7.2%
Q2 25
7.5%
Q1 25
6.6%
Q4 24
2.3%
5.4%
Q3 24
7.6%
Q2 24
7.2%
Q1 24
4.0%
EPS (diluted)
FMS
FMS
PPC
PPC
Q4 25
$0.37
Q3 25
$1.44
Q2 25
$1.49
Q1 25
$1.24
Q4 24
$1.00
Q3 24
$1.47
Q2 24
$1.37
Q1 24
$0.73

Balance Sheet & Financial Strength

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

Metric
FMS
FMS
PPC
PPC
Cash + ST InvestmentsLiquidity on hand
$1.7B
$640.2M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$15.4B
$3.7B
Total Assets
$33.5B
$10.3B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMS
FMS
PPC
PPC
Q4 25
$1.7B
$640.2M
Q3 25
$612.6M
Q2 25
$849.0M
Q1 25
$2.1B
Q4 24
$1.3B
$2.0B
Q3 24
$1.9B
Q2 24
$1.3B
Q1 24
$870.8M
Total Debt
FMS
FMS
PPC
PPC
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$3.3B
Stockholders' Equity
FMS
FMS
PPC
PPC
Q4 25
$15.4B
$3.7B
Q3 25
$3.5B
Q2 25
$3.7B
Q1 25
$3.1B
Q4 24
$17.0B
$4.2B
Q3 24
$4.2B
Q2 24
$3.7B
Q1 24
$3.5B
Total Assets
FMS
FMS
PPC
PPC
Q4 25
$33.5B
$10.3B
Q3 25
$10.0B
Q2 25
$10.1B
Q1 25
$11.0B
Q4 24
$36.3B
$10.7B
Q3 24
$10.7B
Q2 24
$10.1B
Q1 24
$9.8B
Debt / Equity
FMS
FMS
PPC
PPC
Q4 25
0.84×
Q3 25
0.87×
Q2 25
0.83×
Q1 25
1.02×
Q4 24
0.76×
Q3 24
0.76×
Q2 24
0.85×
Q1 24
0.96×

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
PPC
PPC
Operating Cash FlowLast quarter
$2.9B
$291.2M
Free Cash FlowOCF − Capex
$10.0M
FCF MarginFCF / Revenue
0.2%
Capex IntensityCapex / Revenue
6.2%
Cash ConversionOCF / Net Profit
6.67×
3.31×
TTM Free Cash FlowTrailing 4 quarters
$653.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMS
FMS
PPC
PPC
Q4 25
$2.9B
$291.2M
Q3 25
$458.3M
Q2 25
$495.2M
Q1 25
$126.9M
Q4 24
$2.6B
$349.3M
Q3 24
$651.1M
Q2 24
$718.6M
Q1 24
$271.0M
Free Cash Flow
FMS
FMS
PPC
PPC
Q4 25
$10.0M
Q3 25
$275.9M
Q2 25
$339.1M
Q1 25
$28.1M
Q4 24
$176.6M
Q3 24
$565.3M
Q2 24
$617.7M
Q1 24
$171.9M
FCF Margin
FMS
FMS
PPC
PPC
Q4 25
0.2%
Q3 25
5.8%
Q2 25
7.1%
Q1 25
0.6%
Q4 24
4.0%
Q3 24
12.3%
Q2 24
13.5%
Q1 24
3.9%
Capex Intensity
FMS
FMS
PPC
PPC
Q4 25
6.2%
Q3 25
3.8%
Q2 25
3.3%
Q1 25
2.2%
Q4 24
4.0%
Q3 24
1.9%
Q2 24
2.2%
Q1 24
2.3%
Cash Conversion
FMS
FMS
PPC
PPC
Q4 25
6.67×
3.31×
Q3 25
1.34×
Q2 25
1.39×
Q1 25
0.43×
Q4 24
20.20×
1.48×
Q3 24
1.86×
Q2 24
2.20×
Q1 24
1.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMS
FMS

Segment breakdown not available.

PPC
PPC

Retail$1.5B33%
Europe Reportable Segment$1.4B31%
Food Service$889.2M20%
Prepared Product$332.8M7%
Product Export$122.7M3%
Other Sales Channel$96.0M2%
Other Product And Service$79.7M2%
Related Party$21.7M0%
Seara Meats B.V.$18.9M0%
Penasul UKLTD$10.3M0%
JBSUSA Food Company$5.4M0%

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