Fresenius Medical Care AG (FMS) Free Cash Flow (2009 - 2026)
Fresenius Medical Care AG (FMS) posted quarterly Free Cash Flow of $265.6 million for Q1 2026, up 55.09% year-over-year from $171.3 million in Q1 2025, and down 83.93% quarter-over-quarter from $1.7 billion in Q4 2025.
Analysis
Fresenius Medical Care AG (FMS) Free Cash Flow (2009 - 2026) Analysis & Trends
Fresenius Medical Care AG's Free Cash Flow history runs 18 years deep, the most recent figure standing at $265.6 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 55.09% year-over-year to $265.6 million; the TTM figure through Mar 2026 stood at $3.7 billion (up 27.74% YoY), while the FY2025 annual figure was $4.2 billion, up 26.99% from the prior year.
- Free Cash Flow for Q1 2026 stood at $265.6 million, down from $1.7 billion in the prior quarter.
- The five-year high for Free Cash Flow was $1.7 billion in Q4 2025, with the low at $138.3 million in Q1 2024.
- The 5-year median for Free Cash Flow is $818.2 million (2022), against an average of $719.8 million.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow tumbled 56.56% in 2024, then surged 84.11% in 2025.
- Fresenius Medical Care AG's Free Cash Flow stood at $818.2 million in 2022, then gained by 25.97% to $1.0 billion in 2023, then climbed by 10.41% to $1.1 billion in 2024, then jumped by 45.24% to $1.7 billion in 2025, then plunged by 83.93% to $265.6 million in 2026.
- Business Quant data shows FMS's Free Cash Flow at $265.6 million in Q1 2026, $1.7 billion in Q4 2025, and $866.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 1.10 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 417.00 Mn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 62.30 Mn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 320.25 Mn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 215.67 Mn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 119.13 Mn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 69.29 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 31.23 Mn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 119.55 Mn |
| 10 | Fresenius Medical Care AG | 2.18 Bn | 494.41 Mn | 1.52 Bn | -262.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -262.46 Mn |
| Mar 31, 2026 | 484.56 Mn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 1.96 Bn |
| Jun 30, 2025 | -183.25 Mn |
| Mar 31, 2025 | 320.64 Mn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 476.44 Mn |
| Mar 31, 2024 | 138.30 Mn |
| Dec 31, 2023 | 1.03 Bn |
| Sep 30, 2023 | 827.06 Mn |
| Jun 30, 2023 | 1.10 Bn |
| Mar 31, 2023 | 153.31 Mn |
| Dec 31, 2022 | 818.24 Mn |
| Sep 30, 2022 | 663.05 Mn |
| Jun 30, 2022 | 801.80 Mn |
| Mar 31, 2022 | 178.11 Mn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 815.69 Mn |