Fresenius Medical Care AG (FMS) Cash from Operations (2009 - 2026)

Over the twelve months ended Jun 30, 2026, Fresenius Medical Care AG's Cash from Operations came in at $3.3 billion, up 9.3% year-over-year; for the year ended Dec 31, 2025, it came in at $3.03 billion, up 17.3% from the prior year.

• Cash from Operations has a five-year compound annual growth rate of -0.1% (years ended Dec 2020 to Dec 2025).
• By year, Cash from Operations came in at $2.58 billion in the year ended Dec 31, 2024 (-9.2%), $2.84 billion in the year ended Dec 31, 2023 (+28.6%), $2.21 billion in the year ended Dec 31, 2022 (-24.9%) and $2.95 billion in the year ended Dec 31, 2021 (-3.4%).
• Five-year quarterly Cash from Operations spans a low of $138.3 million in the quarter ended Mar 31, 2024 and a high of $1.17 billion in the quarter ended Dec 31, 2025.
• Year over year, Cash from Operations has now increased in each of the last three quarters, with growth averaging 29.3% over the last eight quarters.
• The high point for year-over-year Cash from Operations in five years was the quarter ended Jun 30, 2025 (growth of 84.1%); the low point was the quarter ended Jun 30, 2024 (a decline of 56.6%).
• Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $265.63 million (quarter ended Mar 31, 2026), $1.17 billion (quarter ended Dec 31, 2025) and $866.92 million (quarter ended Sep 30, 2025).