Fresenius Medical Care AG (FMS) Change in Working Capital (2009 - 2025)
Fresenius Medical Care AG (FMS) posted quarterly Change in Working Capital of $217.7 million for Q4 2025, up 83.52% year-over-year from $118.6 million in Q4 2024, and up 83.52% quarter-over-quarter from $118.6 million in Q4 2024.
Fresenius Medical Care AG (FMS) Change in Working Capital (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Change in Working Capital history runs 17 years deep, the most recent figure standing at $217.7 million for Q4 2025.
- In Q4 2025, Change in Working Capital rose 83.52% year-over-year to $217.7 million; the TTM figure through Dec 2025 stood at $197.1 million (up 293.53% YoY), while the FY2025 annual figure was $366.7 million, up 4389.2% from the prior year.
- Change in Working Capital for Q4 2025 stood at $217.7 million, up from $118.6 million in the prior quarter.
- The five-year high for Change in Working Capital was $217.7 million in Q4 2025, with the low at -$90.8 million in Q4 2022.
- The 5-year median for Change in Working Capital is -$48.4 million (2023), against an average of $23.2 million.
- The sharpest annual moves came in 2022 and 2024: Change in Working Capital slipped 11.79% in 2022, then surged 344.98% in 2024.
- Fresenius Medical Care AG's Change in Working Capital stood at -$81.2 million in 2021, then slipped by 11.79% to -$90.8 million in 2022, then soared by 46.68% to -$48.4 million in 2023, then soared by 344.98% to $118.6 million in 2024, then soared by 83.52% to $217.7 million in 2025.
- Business Quant data shows FMS's Change in Working Capital at $217.7 million in Q4 2025, $118.6 million in Q4 2024, and -$48.4 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | - |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | - |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | - |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | - |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | - |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | - |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | - |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | - |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | - |
| 10 | Fresenius Medical Care AG | 2.11 Bn | 422.92 Mn | 1.52 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 217.68 Mn |
| Dec 31, 2025 | 217.68 Mn |
| Dec 31, 2024 | 118.61 Mn |
| Dec 31, 2024 | 118.61 Mn |
| Dec 31, 2023 | -48.42 Mn |
| Dec 31, 2023 | -48.42 Mn |
| Dec 31, 2022 | -90.80 Mn |
| Dec 31, 2022 | -90.80 Mn |
| Dec 31, 2021 | -81.22 Mn |
| Dec 31, 2021 | -81.22 Mn |
| Dec 31, 2020 | -281.38 Mn |
| Dec 31, 2020 | -281.38 Mn |
| Dec 31, 2019 | -76.38 Mn |
| Dec 31, 2019 | -76.38 Mn |
| Dec 31, 2018 | -57.07 Mn |
| Dec 31, 2018 | -57.07 Mn |
| Jun 30, 2018 | -691.00 Mn |
| Jun 30, 2018 | -691.00 Mn |
| Mar 31, 2018 | -717.46 Mn |
| Mar 31, 2018 | -717.46 Mn |