Fresenius Medical Care AG (FMS) Change in Receivables (2010 - 2025)

Fresenius Medical Care AG (FMS) posted quarterly Change in Receivables of $114.1 million for Q4 2025, up 255.84% year-over-year from $32.1 million in Q4 2024, and up 183.43% on a QoQ basis from -$136.7 million in Q3 2025.

Fresenius Medical Care AG (FMS) Change in Receivables (2010 - 2025) Analysis & Trends

Fresenius Medical Care AG (FMS) has reported Change in Receivables for 16 consecutive years, with $114.1 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Change in Receivables rose 255.84% year-over-year to $114.1 million; the TTM figure through Dec 2025 stood at $129.3 million (up 246.11% YoY), while the FY2025 annual figure was -$88.5 million, up 58.19% from the prior year.
  • Change in Receivables came in at $114.1 million for Q4 2025 at Fresenius Medical Care AG, up from -$136.7 million in the prior quarter.
  • The five-year high for Change in Receivables was $205.8 million in Q1 2021, with the low at -$136.7 million in Q3 2025.
  • Average Change in Receivables over 5 years is $24.9 million, with a median of $26.0 million recorded in 2022.
  • The largest YoY upside for Change in Receivables was 381.75% in 2022 against a maximum downside of 1296.73% in 2022.
  • Year by year, Change in Receivables stood at $36.9 million in 2021, then surged by 381.75% to $177.6 million in 2022, then tumbled by 76.38% to $42.0 million in 2023, then dropped by 23.6% to $32.1 million in 2024, then surged by 255.84% to $114.1 million in 2025.
  • According to Business Quant data, Change in Receivables over the past three periods registered $114.1 million, -$136.7 million, and $118.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 463.00 Mn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.90 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 28.00 Mn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 29.75 Mn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 53.20 Mn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 24.01 Mn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 123.86 Mn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 11.22 Mn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 2.58 Mn
10 Fresenius Medical Care AG - - 19.45 Bn 114.08 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 114.08 Mn
Dec 31, 2025 114.08 Mn
Sep 30, 2025 -136.73 Mn
Sep 30, 2025 -136.73 Mn
Jun 30, 2025 118.65 Mn
Jun 30, 2025 118.65 Mn
Mar 31, 2025 33.30 Mn
Mar 31, 2025 33.30 Mn
Dec 31, 2024 32.06 Mn
Dec 31, 2024 32.06 Mn
Sep 30, 2024 -35.34 Mn
Sep 30, 2024 -35.34 Mn
Jun 30, 2024 -65.74 Mn
Jun 30, 2024 -65.74 Mn
Mar 31, 2024 -19.48 Mn
Mar 31, 2024 -19.48 Mn
Dec 31, 2023 41.96 Mn
Dec 31, 2023 41.96 Mn
Sep 30, 2023 -4.55 Mn
Sep 30, 2023 -4.55 Mn