FMS vs. GKOS: Fresenius Medical Care vs. Glaukos Stock Comparison
How do Fresenius Medical Care (FMS) and Glaukos (GKOS) 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
Fresenius Medical Care (FMS) and Glaukos (GKOS) both fall under the Health Care Equipment & Services industry group, but FMS is classified in Health Care Providers & Services while GKOS is classified in Health Care Equipment & Supplies.
Glaukos (GKOS) 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 | FMS | GKOS |
|---|---|---|
| Name | Fresenius Medical Care AG - Depositary Receipt | Glaukos Corp. |
| Country/Region | Germany | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Services | Health Care Equipment |
| Market Capitalization | 12.15 billion USD | 13.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 17, 1996 | June 25, 2015 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Total Return (1Y) | -0.71% | 179.91% |
| Total Return (3Y, Annualized) | 13.88% | 55.51% |
| Total Return (5Y, Annualized) | -4.69% | 35.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Volatility (1Y, Annualized) | 30.61% | 61.24% |
| Beta (5Y) | 0.77 | 0.68 |
| Max Drawdown (5Y) | -62.33% | -53.68% |
| Avg. Volume (3M) | 954.21K | 1.15M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.16 | 2.87 |
| Sortino Ratio (1Y) | -0.21 | 5.93 |
Profitability
ROE (TTM)
Glaukos (GKOS) reports a negative ROE of -22.84%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Fresenius Medical Care (FMS) reports 7.84%, ranking against industry peers normally.
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%
GKOS
Health Care Equipment & Services industry group
-22.84%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- GKOS
- -22.84%
- Min
- -47.01%
Net Margin (TTM)
Glaukos (GKOS) reports a negative net margin of -24.60%, usually indicating a net loss over the period. Meanwhile Fresenius Medical Care (FMS) reports 4.22%, ranking against industry peers normally.
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%
GKOS
Health Care Equipment & Services industry group
-24.60%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- GKOS
- -24.60%
- Min
- -28.46%
Operating Margin (TTM)
Both Fresenius Medical Care (FMS) at 9.63% and Glaukos (GKOS) at 0.39% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
GKOS
Health Care Equipment & Services industry group
0.39%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- GKOS
- 0.39%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | FMS | GKOS |
|---|---|---|
| ROE (TTM) | 7.84% | -22.84% |
| ROA (TTM) | 3.94% | -3.90% |
| Net Margin (TTM) | 4.22% | -24.60% |
| Operating Margin (TTM) | 9.63% | 0.39% |
| Gross Margin (TTM) | 26.46% | 81.13% |
Growth
Revenue Growth
Glaukos (GKOS) at 32.33% sits in the top revenue growth quartile, while Fresenius Medical Care (FMS) at 1.51% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Only one side can be read here: Fresenius Medical Care (FMS) reports EPS growth of 83.61%, ranked against its industry; Glaukos (GKOS) has no EPS growth figure this period.
Growth Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Revenue Growth (YoY) | 1.51% | 32.33% |
| Revenue Growth (3Y CAGR) | 0.39% | 21.51% |
| EPS Growth (YoY) | 83.61% | -- |
| EPS Growth (3Y CAGR) | 13.47% | -- |
Financial Strength
Current Ratio (MRQ)
Glaukos (GKOS) at 4.57 carries current ratio above its industry’s typical mid-range, while Fresenius Medical Care (FMS) at 0.99 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
GKOS
Health Care Equipment & Services industry group
4.57
- Max
- 7.59
- GKOS
- 4.57
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Glaukos (GKOS) at 0.15 keeps leverage in the lower industry quartile, while Fresenius Medical Care (FMS) at 0.79 runs a more typical debt-to-equity mix.
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
GKOS
Health Care Equipment & Services industry group
0.15
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- GKOS
- 0.15
- Min
- 0.00
Financial Strength Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 4.57 |
| Debt / Equity (MRQ) | 0.79 | 0.15 |
| Net Debt / EBITDA | 3.63 | -- |
Dividends
Dividend Yield (TTM)
Glaukos (GKOS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Fresenius Medical Care (FMS) reports a yield of 6.30%, ranking against industry peers normally.
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%
GKOS
Health Care Equipment & Services industry group
0.00%
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Glaukos (GKOS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Fresenius Medical Care (FMS) reports a payout of 50.14%, ranking against industry peers normally.
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%
GKOS
Health Care Equipment & Services industry group
0.00%
- GKOS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FMS | GKOS |
|---|---|---|
| Dividend Yield (TTM) | 6.30% | 0.00% |
| Dividend Payout Ratio (TTM) | 50.14% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Fresenius Medical Care (FMS) trades at 13.53 times trailing earnings, ranked against its peers, while Glaukos (GKOS) has no P/E ratio this period.
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
GKOS
Health Care Equipment & Services industry group
--
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
- GKOS
- --
P/S Ratio (TTM)
Fresenius Medical Care (FMS) at 0.62 sits in the cheaper P/S ratio quartile while Glaukos (GKOS) at 19.24 prices above its industry range — a wide gap in sales valuation between them.
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
GKOS
Health Care Equipment & Services industry group
19.24
- GKOS
- 19.24
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Fresenius Medical Care (FMS) at 0.85 sits in the lower P/B ratio quartile relative to book while Glaukos (GKOS) at 18.51 prices above its industry range — a wide valuation gap against assets.
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
GKOS
Health Care Equipment & Services industry group
18.51
- GKOS
- 18.51
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | FMS | GKOS |
|---|---|---|
| P/E Ratio (TTM) | 13.53 | -- |
| P/S Ratio (TTM) | 0.62 | 19.24 |
| P/B Ratio (MRQ) | 0.85 | 18.51 |
| Free Cash Flow Yield (TTM) | 12.29% | 0.40% |