ABT vs. FMS: Abbott Laboratories vs. Fresenius Medical Care Stock Comparison
How do Abbott Laboratories (ABT) and Fresenius Medical Care (FMS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Abbott Laboratories (ABT) and Fresenius Medical Care (FMS) both fall under the Health Care Equipment & Services industry group, but ABT is classified in Health Care Equipment & Supplies while FMS is classified in Health Care Providers & Services.
Abbott Laboratories (ABT) trades as ordinary local shares, while Fresenius Medical Care (FMS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ABT | FMS |
|---|---|---|
| Name | Abbott Laboratories | Fresenius Medical Care AG - Depositary Receipt |
| Country/Region | United States | Germany |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Equipment | Health Care Services |
| Market Capitalization | 190.39 billion USD | 12.15 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | September 17, 1996 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ABT | FMS |
|---|---|---|
| Total Return (1Y) | -10.78% | -0.71% |
| Total Return (3Y, Annualized) | 7.79% | 13.88% |
| Total Return (5Y, Annualized) | -0.79% | -4.69% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ABT | FMS |
|---|---|---|
| Volatility (1Y, Annualized) | 28.48% | 30.61% |
| Beta (5Y) | 0.53 | 0.77 |
| Max Drawdown (5Y) | -39.64% | -62.33% |
| Avg. Volume (3M) | 8.74M | 954.21K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ABT | FMS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.53 | -0.16 |
| Sortino Ratio (1Y) | -0.76 | -0.21 |
Profitability
ROE (TTM)
Both Abbott Laboratories (ABT) at 9.14% and Fresenius Medical Care (FMS) at 7.84% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ABT
Health Care Equipment & Services industry group
9.14%
- Max
- 47.61%
- Q3
- 14.36%
- ABT
- 9.14%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
FMS
Health Care Equipment & Services industry group
7.84%
- Max
- 47.61%
- Q3
- 14.36%
- FMS
- 7.84%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Abbott Laboratories (ABT) at 9.75% retains a top-quartile share of revenue as profit, ahead of Fresenius Medical Care (FMS) at 4.22%, which keeps about the industry-typical share.
ABT
Health Care Equipment & Services industry group
9.75%
- Max
- 29.35%
- ABT
- 9.75%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
FMS
Health Care Equipment & Services industry group
4.22%
- Max
- 29.35%
- Q3
- 9.33%
- FMS
- 4.22%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both Abbott Laboratories (ABT) at 11.66% and Fresenius Medical Care (FMS) at 9.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ABT
Health Care Equipment & Services industry group
11.66%
- Max
- 35.43%
- Q3
- 14.14%
- ABT
- 11.66%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
FMS
Health Care Equipment & Services industry group
9.63%
- Max
- 35.43%
- Q3
- 14.14%
- FMS
- 9.63%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | ABT | FMS |
|---|---|---|
| ROE (TTM) | 9.14% | 7.84% |
| ROA (TTM) | 4.90% | 3.94% |
| Net Margin (TTM) | 9.75% | 4.22% |
| Operating Margin (TTM) | 11.66% | 9.63% |
| Gross Margin (TTM) | 57.17% | 26.46% |
Growth
Revenue Growth
Abbott Laboratories (ABT) at 5.67% is around its peer norm for revenue growth, while Fresenius Medical Care (FMS) at 1.51% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Fresenius Medical Care (FMS) at 83.61% sits in the top EPS growth quartile, while Abbott Laboratories (ABT) at -51.31% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | ABT | FMS |
|---|---|---|
| Revenue Growth (YoY) | 5.67% | 1.51% |
| Revenue Growth (3Y CAGR) | 0.51% | 0.39% |
| EPS Growth (YoY) | -51.31% | 83.61% |
| EPS Growth (3Y CAGR) | -1.65% | 13.47% |
Financial Strength
Current Ratio (MRQ)
Abbott Laboratories (ABT) at 1.46 keeps current ratio within its industry’s typical mid-range, while Fresenius Medical Care (FMS) at 0.99 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FMS.
ABT
Health Care Equipment & Services industry group
1.46
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- ABT
- 1.46
- Q1
- 1.37
- Min
- 0.30
FMS
Health Care Equipment & Services industry group
0.99
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- FMS
- 0.99
- Min
- 0.30
Debt / Equity (MRQ)
Both Abbott Laboratories (ABT) at 0.61 and Fresenius Medical Care (FMS) at 0.79 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ABT
Health Care Equipment & Services industry group
0.61
- Max
- 1.88
- Q3
- 0.91
- ABT
- 0.61
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
FMS
Health Care Equipment & Services industry group
0.79
- Max
- 1.88
- Q3
- 0.91
- FMS
- 0.79
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | ABT | FMS |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 0.99 |
| Debt / Equity (MRQ) | 0.61 | 0.79 |
| Net Debt / EBITDA | 2.37 | 3.63 |
Dividends
Dividend Yield (TTM)
Both Abbott Laboratories (ABT) at 2.22% and Fresenius Medical Care (FMS) at 6.30% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
ABT
Health Care Equipment & Services industry group
2.22%
- ABT
- 2.22%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FMS
Health Care Equipment & Services industry group
6.30%
- FMS
- 6.30%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Abbott Laboratories (ABT) at 92.54% and Fresenius Medical Care (FMS) at 50.14% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
ABT
Health Care Equipment & Services industry group
92.54%
- ABT
- 92.54%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FMS
Health Care Equipment & Services industry group
50.14%
- FMS
- 50.14%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ABT | FMS |
|---|---|---|
| Dividend Yield (TTM) | 2.22% | 6.30% |
| Dividend Payout Ratio (TTM) | 92.54% | 50.14% |
Valuation
P/E Ratio (TTM)
Fresenius Medical Care (FMS) at 13.53 sits in the cheaper P/E ratio quartile, while Abbott Laboratories (ABT) at 41.02 is closer to its industry’s usual earnings multiple — a discount for FMS, though growth and earnings durability still matter.
ABT
Health Care Equipment & Services industry group
41.02
- Max
- 80.41
- Q3
- 47.62
- ABT
- 41.02
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
FMS
Health Care Equipment & Services industry group
13.53
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- FMS
- 13.53
- Min
- 4.21
P/S Ratio (TTM)
Fresenius Medical Care (FMS) at 0.62 sits in the cheaper P/S ratio quartile while Abbott Laboratories (ABT) at 3.95 prices around its industry’s middle — FMS costs less per dollar of sales, though read it alongside growth and margins.
ABT
Health Care Equipment & Services industry group
3.95
- Max
- 8.80
- Q3
- 4.32
- ABT
- 3.95
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
FMS
Health Care Equipment & Services industry group
0.62
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- FMS
- 0.62
- Min
- 0.03
P/B Ratio (MRQ)
Fresenius Medical Care (FMS) at 0.85 sits in the lower P/B ratio quartile against book while Abbott Laboratories (ABT) at 3.73 is valued near its industry’s middle — FMS is cheaper on assets, though weigh it against ROE and asset quality.
ABT
Health Care Equipment & Services industry group
3.73
- Max
- 11.68
- Q3
- 6.12
- ABT
- 3.73
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
FMS
Health Care Equipment & Services industry group
0.85
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- FMS
- 0.85
- Min
- -1.31
Valuation Metrics
| Metric | ABT | FMS |
|---|---|---|
| P/E Ratio (TTM) | 41.02 | 13.53 |
| P/S Ratio (TTM) | 3.95 | 0.62 |
| P/B Ratio (MRQ) | 3.73 | 0.85 |
| Free Cash Flow Yield (TTM) | 3.19% | 12.29% |