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

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $5.5B, roughly 1.0× Fresenius Medical Care AG). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% 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.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

FMS vs SN — Head-to-Head

Bigger by revenue
SN
SN
1.0× larger
SN
$5.5B
$5.5B
FMS
Growing faster (revenue YoY)
SN
SN
+30.3% gap
SN
30.0%
-0.3%
FMS

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
FMS
FMS
SN
SN
Revenue
$5.5B
$5.5B
Net Profit
$434.2M
Gross Margin
27.4%
48.1%
Operating Margin
11.7%
11.7%
Net Margin
7.9%
Revenue YoY
-0.3%
30.0%
Net Profit YoY
240.4%
EPS (diluted)
$3.11

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
SN
SN
Q4 25
$5.5B
Q4 24
$5.5B
$5.5B
Q4 23
$4.3B
Net Profit
FMS
FMS
SN
SN
Q4 25
$434.2M
Q4 24
$127.6M
Q4 23
Gross Margin
FMS
FMS
SN
SN
Q4 25
27.4%
Q4 24
25.0%
48.1%
Q4 23
44.9%
Operating Margin
FMS
FMS
SN
SN
Q4 25
11.7%
Q4 24
5.1%
11.7%
Q4 23
8.8%
Net Margin
FMS
FMS
SN
SN
Q4 25
7.9%
Q4 24
2.3%
Q4 23
EPS (diluted)
FMS
FMS
SN
SN
Q4 25
Q4 24
$3.11
Q4 23
$1.20

Balance Sheet & Financial Strength

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

Metric
FMS
FMS
SN
SN
Cash + ST InvestmentsLiquidity on hand
$1.7B
$363.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.4B
$1.9B
Total Assets
$33.5B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMS
FMS
SN
SN
Q4 25
$1.7B
Q4 24
$1.3B
$363.7M
Q4 23
$154.1M
Stockholders' Equity
FMS
FMS
SN
SN
Q4 25
$15.4B
Q4 24
$17.0B
$1.9B
Q4 23
$1.5B
Total Assets
FMS
FMS
SN
SN
Q4 25
$33.5B
Q4 24
$36.3B
$4.4B
Q4 23
$3.5B

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
SN
SN
Operating Cash FlowLast quarter
$2.9B
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.5%
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
SN
SN
Q4 25
$2.9B
Q4 24
$2.6B
$446.6M
Q4 23
$280.6M
Free Cash Flow
FMS
FMS
SN
SN
Q4 25
Q4 24
$308.9M
Q4 23
$157.9M
FCF Margin
FMS
FMS
SN
SN
Q4 25
Q4 24
5.6%
Q4 23
3.7%
Capex Intensity
FMS
FMS
SN
SN
Q4 25
Q4 24
2.5%
Q4 23
2.9%
Cash Conversion
FMS
FMS
SN
SN
Q4 25
6.67×
Q4 24
20.20×
Q4 23

Financial Flow Comparison

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

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