Fresenius Medical Care AG (FMS) Deferred Taxes (2010 - 2025)
Fresenius Medical Care AG (FMS) posted Deferred Taxes of $3.9 million for Q4 2025, down 85.24% on a QoQ basis from $26.4 million in Q3 2025, and down 92.17% year-over-year from $49.7 million in Q4 2024.
Fresenius Medical Care AG (FMS) has 16 years of Deferred Taxes data on file, last reported at $3.9 million in Q4 2025.
- In Q4 2025, Deferred Taxes fell 92.17% year-over-year to $3.9 million; the TTM figure through Dec 2025 stood at -$27.4 million (up 65.59% YoY), while the FY2025 annual figure was -$31.7 million, up 59.21% from the prior year.
- Deferred Taxes fell to $3.9 million in Q4 2025, from $26.4 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $91.6 million in Q4 2021 and bottomed at -$57.5 million in Q2 2022.
- A 5-year average of -$10.5 million and a median of -$24.8 million in 2025 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2023 — Deferred Taxes plunged 1193.1% — and 2024, when it soared 241.5%.
- Year by year, Deferred Taxes stood at $91.6 million in 2021, then slumped by 79.28% to $19.0 million in 2022, then plunged by 284.93% to -$35.1 million in 2023, then jumped by 241.5% to $49.7 million in 2024, then sank by 92.17% to $3.9 million in 2025.
- The last three Deferred Taxes figures came in at $3.9 million (Q4 2025), $26.4 million (Q3 2025), and -$25.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 435.00 Mn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | -40.00 Mn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 54.80 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 8.50 Mn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | - |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | -104.77 Mn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 3.89 Mn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | -4.74 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | -12.46 Mn |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 1.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.89 Mn |
| Sep 30, 2025 | 26.37 Mn |
| Jun 30, 2025 | -25.61 Mn |
| Mar 31, 2025 | -32.07 Mn |
| Dec 31, 2024 | 49.68 Mn |
| Sep 30, 2024 | -31.45 Mn |
| Jun 30, 2024 | -49.71 Mn |
| Mar 31, 2024 | -48.20 Mn |
| Dec 31, 2023 | -35.11 Mn |
| Sep 30, 2023 | -33.73 Mn |
| Jun 30, 2023 | -39.38 Mn |
| Mar 31, 2023 | -24.01 Mn |
| Dec 31, 2022 | 18.99 Mn |
| Sep 30, 2022 | 3.09 Mn |
| Jun 30, 2022 | -57.46 Mn |
| Mar 31, 2022 | -10.43 Mn |
| Dec 31, 2021 | 91.62 Mn |
| Sep 30, 2021 | 28.29 Mn |
| Jun 30, 2021 | -37.04 Mn |
| Mar 31, 2021 | -7.30 Mn |
| Dec 31, 2020 | 115.28 Mn |
| Sep 30, 2020 | -34.35 Mn |
| Jun 30, 2020 | 80.52 Mn |
| Mar 31, 2020 | -32.31 Mn |
| Dec 31, 2019 | 37.66 Mn |
| Sep 30, 2019 | 7.01 Mn |
| Jun 30, 2019 | -33.74 Mn |
| Mar 31, 2019 | 61.33 Mn |
| Dec 31, 2018 | 23.12 Mn |
| Sep 30, 2018 | 76.84 Mn |
| Jun 30, 2018 | 13.13 Mn |
| Mar 31, 2018 | -10.01 Mn |
| Dec 31, 2017 | -184.78 Mn |
| Sep 30, 2017 | -57.49 Mn |
| Jun 30, 2017 | 3.11 Mn |
| Mar 31, 2017 | -18,244.03 |
| Dec 31, 2016 | 47.55 Mn |
| Sep 30, 2016 | -23.74 Mn |
| Jun 30, 2016 | -12.85 Mn |
| Mar 31, 2016 | -12.72 Mn |
| Dec 31, 2015 | 57.75 Mn |
| Sep 30, 2015 | -30.64 Mn |
| Jun 30, 2015 | -19.76 Mn |
| Mar 31, 2015 | -52.80 Mn |
| Dec 31, 2014 | 112.13 Mn |
| Sep 30, 2014 | 965,000.00 |
| Jun 30, 2014 | 4.15 Mn |
| Mar 31, 2014 | -3.46 Mn |
| Dec 31, 2013 | 22.68 Mn |
| Sep 30, 2013 | -6.24 Mn |
| Jun 30, 2013 | 21.93 Mn |
| Mar 31, 2013 | -22.46 Mn |
| Dec 31, 2012 | 3.78 Mn |
| Sep 30, 2012 | 6.45 Mn |
| Jun 30, 2012 | 37.10 Mn |
| Mar 31, 2012 | 27.84 Mn |
| Dec 31, 2011 | 129.46 Mn |
| Sep 30, 2011 | -23.62 Mn |
| Jun 30, 2011 | 20.91 Mn |
| Mar 31, 2011 | 32.43 Mn |
| Dec 31, 2010 | -1.66 Mn |
| Sep 30, 2010 | 17.09 Mn |