Fresenius Medical Care AG (FMS) Capital Expenditures (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Capital Expenditures of -$486.6 million in Q4 2025, down 192.41% quarter-over-quarter from -$166.4 million in Q2 2025, and down 95.42% on a YoY basis from -$10.6 billion in Q4 2024.
Fresenius Medical Care AG (FMS) Capital Expenditures (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Capital Expenditures history runs 17 years deep, the most recent figure standing at -$486.6 million for Q4 2025.
- In Q4 2025, Capital Expenditures fell 95.42% year-over-year to -$486.6 million; the TTM figure through Dec 2025 stood at -$1.1 billion (down 41.96% YoY), while the FY2025 annual figure was -$1.0 billion, down 42.96% from the prior year.
- Capital Expenditures was -$486.6 million for Q4 2025 at Fresenius Medical Care AG, down from -$166.4 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$140.1 million in Q1 2024 to a low of -$486.6 million in Q4 2025.
- Historically, Capital Expenditures has averaged -$208.9 million across 5 years, with a median of -$180.3 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures surged 33.03% in 2022, then tumbled 95.42% in 2025.
- A 5-year view of Capital Expenditures shows it stood at -$307.7 million in 2021, then soared by 33.03% to -$206.1 million in 2022, then fell by 24.78% to -$257.1 million in 2023, then advanced by 3.18% to -$249.0 million in 2024, then tumbled by 95.42% to -$486.6 million in 2025.
- The last three Capital Expenditures figures came in at -$486.6 million (Q4 2025), -$166.4 million (Q2 2025), and -$149.4 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 1.12 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 180.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 102.02 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 162.40 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 9.97 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 217.16 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -486.57 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 17.12 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 86.52 Mn |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 11.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -486.57 Mn |
| Dec 31, 2025 | -486.57 Mn |
| Jun 30, 2025 | -166.40 Mn |
| Jun 30, 2025 | -166.40 Mn |
| Mar 31, 2025 | -149.37 Mn |
| Mar 31, 2025 | -149.37 Mn |
| Dec 31, 2024 | -248.98 Mn |
| Dec 31, 2024 | -248.98 Mn |
| Sep 30, 2024 | -186.70 Mn |
| Sep 30, 2024 | -186.70 Mn |
| Jun 30, 2024 | -164.76 Mn |
| Jun 30, 2024 | -164.76 Mn |
| Mar 31, 2024 | -140.14 Mn |
| Mar 31, 2024 | -140.14 Mn |
| Dec 31, 2023 | -257.15 Mn |
| Dec 31, 2023 | -257.15 Mn |
| Sep 30, 2023 | -145.87 Mn |
| Sep 30, 2023 | -145.87 Mn |
| Jun 30, 2023 | -168.78 Mn |
| Jun 30, 2023 | -168.78 Mn |