Fresenius Medical Care AG (FMS) Deferred Taxes (2010 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Deferred Taxes of $3.9 million in Q4 2025, down 85.24% quarter-over-quarter from $26.4 million in Q3 2025, and down 92.17% on a YoY basis from $49.7 million in Q4 2024.
Fresenius Medical Care AG (FMS) Deferred Taxes (2010 - 2025) Analysis & Trends
Fresenius Medical Care AG's Deferred Taxes history runs 16 years deep, the most recent figure standing at $3.9 million for 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 was $3.9 million for Q4 2025 at Fresenius Medical Care AG, down from $26.4 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $91.6 million in Q4 2021 to a low of -$57.5 million in Q2 2022.
- Historically, Deferred Taxes has averaged -$10.5 million across 5 years, with a median of -$24.8 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes plunged 1193.1% in 2023, then surged 241.5% in 2024.
- A 5-year view of Deferred Taxes shows it stood at $91.6 million in 2021, then plunged by 79.28% to $19.0 million in 2022, then slumped by 284.93% to -$35.1 million in 2023, then jumped by 241.5% to $49.7 million in 2024, then tumbled 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 | 83.85 Bn | 86.23 Bn | 16.26 Bn | 435.00 Mn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | -40.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 54.80 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 8.50 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | - |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | -104.77 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 3.89 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | -4.74 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | -12.46 Mn |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 815,000.00 |
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 |