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
DateValue
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