Fresenius Medical Care AG (FMS) Invested Capital (2009 - 2026)
Fresenius Medical Care AG's Invested Capital was $24.88 billion in the quarter ended Jun 30, 2026, up 1.5% from $24.5 billion a year earlier but down 9.3% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Invested Capital at Fresenius Medical Care AG came in at $24.39 billion, down 0.3% from the prior year.
- Invested Capital shows a five-year compound annual growth rate of 15.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Invested Capital was $24.47 billion in the year ended Dec 31, 2024 (+1.5%), $24.09 billion in the year ended Dec 31, 2023 (+1.3%), $23.79 billion in the year ended Dec 31, 2022 (-5.6%) and $25.2 billion in the year ended Dec 31, 2021 (+109.5%).
- Quarterly Invested Capital has moved between $23.4 billion (the quarter ended Mar 31, 2025) and $790.67 billion (the quarter ended Mar 31, 2023) over five years.
- Compared with a year earlier, Invested Capital has increased for five straight quarters, with growth averaging 1.7% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was the quarter ended Mar 31, 2026 (growth of 17.2%); the worst was the quarter ended Mar 31, 2024 (a decline of 96.8%).
- Per Business Quant data, FMS's Invested Capital in the three quarters before the quarter ended Jun 30, 2026 was $27.42 billion (quarter ended Mar 31, 2026), $25.13 billion (quarter ended Dec 31, 2025) and $24.21 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 43.08 Bn |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 19.81 Bn |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 4.24 Bn |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 556.95 Bn |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | 444.93 Mn |
| 10 | Encompass Health | 11.90 Bn | 11.56 Bn | - | 6.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 556.95 Bn |
| Mar 31, 2026 | 28.96 Bn |
| Dec 31, 2025 | 29.46 Bn |
| Sep 30, 2025 | 26.71 Bn |
| Jun 30, 2025 | 29.74 Bn |
| Mar 31, 2025 | 28.51 Bn |
| Dec 31, 2024 | 27.84 Bn |
| Sep 30, 2024 | 29.05 Bn |
| Jun 30, 2024 | 28.87 Bn |
| Mar 31, 2024 | 29.50 Bn |
| Dec 31, 2023 | 29.90 Bn |
| Sep 30, 2023 | 24.72 Bn |
| Jun 30, 2023 | 24.59 Bn |
| Mar 31, 2023 | 25.35 Bn |
| Dec 31, 2022 | 30.53 Bn |
| Sep 30, 2022 | 24.44 Bn |
| Jun 30, 2022 | 23.79 Bn |
| Mar 31, 2022 | 24.61 Bn |
| Dec 31, 2021 | 30.92 Bn |
| Sep 30, 2021 | 25.56 Bn |
API Access
Fresenius Medical Care AG Invested 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=invested-capital&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-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=invested-capital&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();