Cash Flow Statement
Growth Metrics

Fresenius Medical Care AG (FMCQF) Operating Income (2009 - 2025)

Fresenius Medical Care AG (FMCQF) posted Operating Income of $2.1 billion for Q4 2025, up 281.78% on a QoQ basis from $557.1 million in Q3 2025, and up 42.94% year-over-year from $1.5 billion in Q4 2024.

Fresenius Medical Care AG (FMCQF) has 17 years of Operating Income data on file, last reported at $2.1 billion in Q4 2025.

  • In Q4 2025, Operating Income rose 42.94% year-over-year to $2.1 billion; the TTM figure through Dec 2025 stood at $3.5 billion (up 29.11% YoY), while the FY2025 annual figure was $2.1 billion, up 42.97% from the prior year.
  • Operating Income improved to $2.1 billion in Q4 2025, from $557.1 million in the prior quarter.
  • Across five years, Operating Income topped out at $2.1 billion in Q4 2025 and bottomed at $267.2 million in Q1 2024.
  • A 5-year average of $764.9 million and a median of $494.6 million in 2024 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2022 — Operating Income plunged 31.73% — and 2024, when it soared 44.07%.
  • Year by year, Operating Income stood at $2.1 billion in 2021, then dropped by 27.21% to $1.5 billion in 2022, then declined by 4.47% to $1.5 billion in 2023, then gained by 0.98% to $1.5 billion in 2024, then jumped by 42.94% to $2.1 billion in 2025.
  • The last three Operating Income figures came in at $2.1 billion (Q4 2025), $557.1 million (Q3 2025), and $481.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -566.00 Mn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 1.30 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 481.89 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 59.70 Mn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 124.85 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 502.86 Mn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 2.13 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 84.58 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 120.04 Mn
10 Fresenius Medical Care AG - - 22,843.10 Bn 2.13 Bn

Historic Data

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DateValue
Dec 31, 2025 2.13 Bn
Sep 30, 2025 557.06 Mn
Jun 30, 2025 481.40 Mn
Mar 31, 2025 348.17 Mn
Dec 31, 2024 1.49 Bn
Sep 30, 2024 508.14 Mn
Jun 30, 2024 457.68 Mn
Mar 31, 2024 267.24 Mn
Dec 31, 2023 1.47 Bn
Sep 30, 2023 352.70 Mn
Jun 30, 2023 388.75 Mn
Mar 31, 2023 280.07 Mn
Dec 31, 2022 1.54 Bn
Sep 30, 2022 475.55 Mn
Jun 30, 2022 363.34 Mn
Mar 31, 2022 390.57 Mn
Dec 31, 2021 2.12 Bn
Sep 30, 2021 595.54 Mn
Jun 30, 2021 510.61 Mn
Mar 31, 2021 571.76 Mn
Dec 31, 2020 2.75 Bn
Sep 30, 2020 737.97 Mn
Jun 30, 2020 722.47 Mn
Mar 31, 2020 612.69 Mn
Dec 31, 2019 2.51 Bn
Sep 30, 2019 662.07 Mn
Jun 30, 2019 585.70 Mn
Mar 31, 2019 609.86 Mn
Dec 31, 2018 3.47 Bn
Sep 30, 2018 612.65 Mn
Jun 30, 2018 1.67 Bn
Mar 31, 2018 610.43 Mn
Dec 31, 2017 2.78 Bn
Sep 30, 2017 715.12 Mn
Jun 30, 2017 641.37 Mn
Mar 31, 2017 693.88 Mn
Dec 31, 2016 782.00 Mn
Sep 30, 2016 669.94 Mn
Jun 30, 2016 1.18 Bn
Mar 31, 2016 540.29 Mn
Dec 31, 2015 661.84 Mn
Sep 30, 2015 1.69 Bn
Jun 30, 2015 1.10 Bn
Mar 31, 2015 504.40 Mn
Dec 31, 2014 -1.05 Bn
Sep 30, 2014 589.92 Mn
Jun 30, 2014 556.27 Mn
Mar 31, 2014 444.90 Mn
Dec 31, 2013 661.38 Mn
Sep 30, 2013 557.26 Mn
Jun 30, 2013 544.24 Mn
Mar 31, 2013 493.31 Mn
Dec 31, 2012 -1.10 Bn
Sep 30, 2012 1.66 Bn
Jun 30, 2012 588.83 Mn
Mar 31, 2012 502.97 Mn
Dec 31, 2011 -982.24 Mn
Sep 30, 2011 533.73 Mn
Jun 30, 2011 509.54 Mn
Mar 31, 2011 445.08 Mn
Dec 31, 2010 -913.16 Mn
Sep 30, 2010 493.25 Mn
Jun 30, 2010 891.74 Mn
Mar 31, 2010 423.47 Mn
Dec 31, 2009 490.79 Mn
Sep 30, 2009 451.33 Mn
Jun 30, 2009 417.64 Mn
Mar 31, 2009 395.84 Mn