Fresenius Medical Care AG (FMS) Change in Working Capital (2009 - 2026)
Fresenius Medical Care AG (FMS) recorded Change in Working Capital of $155.71 million in the quarter ended Mar 31, 2026, compared with -$45.23 million a year earlier and down 28.5% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) Change in Working Capital (2009 - 2026) Analysis & Trends
On a TTM basis, Fresenius Medical Care AG's Change in Working Capital came in at $446.77 million as of Mar 31, 2026; for the year ended Dec 31, 2025, it was $355.89 million.
- Annual Change in Working Capital has a five-year compound annual growth rate of -21.0% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Change in Working Capital came in at -$8.66 million in the year ended Dec 31, 2024, $307.21 million in the year ended Dec 31, 2023, -$577.46 million in the year ended Dec 31, 2022 and -$418.92 million in the year ended Dec 31, 2021.
- Quarterly Change in Working Capital has ranged from -$90.8 million in the quarter ended Dec 31, 2022 to $217.68 million in the quarter ended Dec 31, 2025 over the past five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | - |
| 10 | Fresenius Medical Care AG | 2.08 Bn | -5.02 Bn | 1.52 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 155.71 Mn |
| Dec 31, 2025 | 217.68 Mn |
| Mar 31, 2025 | -45.23 Mn |
| Dec 31, 2024 | 118.61 Mn |
| Dec 31, 2023 | -48.42 Mn |
| Dec 31, 2022 | -90.80 Mn |
| Dec 31, 2021 | -81.22 Mn |
| Dec 31, 2020 | -281.38 Mn |
| Dec 31, 2019 | -76.38 Mn |
| Dec 31, 2018 | -57.07 Mn |
| Jun 30, 2018 | -691.00 Mn |
| Dec 31, 2017 | -144.82 Mn |
| Sep 30, 2017 | 75.20 Mn |
| Jun 30, 2017 | 394.74 Mn |
| Mar 31, 2017 | -422.97 Mn |
| Dec 31, 2016 | 151.16 Mn |
| Dec 1, 2016 | -12.78 Bn |
| Sep 30, 2016 | -168.54 Mn |
| Jun 30, 2016 | 8.97 Bn |
| Mar 31, 2016 | 3.46 Bn |
API Access
Fresenius Medical Care AG Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "FMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();