Fresenius Medical Care AG (FMS) Operating Leases (2019 - 2026)
Fresenius Medical Care AG (FMS) posted Operating Leases of $3.8 billion for the quarter ended Sep 30, 2026, up 10.1% from $3.45 billion a year earlier and up 18.6% from the prior quarter.
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Analysis
Fresenius Medical Care AG (FMS) Operating Leases (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Fresenius Medical Care AG's Operating Leases came in at $3.4 billion, down 4.2% from the prior year.
- Annual Operating Leases has declined for five consecutive years, with a five-year compound annual growth rate of -6.0% (years ended Dec 2020 to Dec 2025).
- In prior years, Fresenius Medical Care AG's Operating Leases was $3.55 billion in the year ended Dec 31, 2024 (-6.2%), $3.78 billion in the year ended Dec 31, 2023 (-8.4%), $4.13 billion in the year ended Dec 31, 2022 (-8.6%) and $4.52 billion in the year ended Dec 31, 2021 (-2.4%).
- The figure for the quarter ended Sep 30, 2026 stands as the highest quarterly Operating Leases since the quarter ended Sep 30, 2023.
- On a year-over-year basis, Operating Leases increased in 1 of the last eight quarters, with an average decline of 3.2%.
- The strongest year-over-year quarter for Operating Leases in the past five years was the quarter ended Sep 30, 2026, with growth of 10.1%; the weakest was the quarter ended Mar 31, 2024, with a decline of 10.4%.
- According to Business Quant data, Operating Leases for the three prior quarters was $3.2 billion (quarter ended Jun 30, 2026), $3.31 billion (quarter ended Mar 31, 2026) and $3.4 billion (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.80 Bn |
| Jun 30, 2026 | 3.20 Bn |
| Mar 31, 2026 | 3.31 Bn |
| Dec 31, 2025 | 3.40 Bn |
| Sep 30, 2025 | 3.45 Bn |
| Jun 30, 2025 | 3.54 Bn |
| Mar 31, 2025 | 3.55 Bn |
| Dec 31, 2024 | 3.55 Bn |
| Sep 30, 2024 | 3.61 Bn |
| Jun 30, 2024 | 3.62 Bn |
| Mar 31, 2024 | 3.66 Bn |
| Dec 31, 2023 | 3.78 Bn |
| Sep 30, 2023 | 3.89 Bn |
| Jun 30, 2023 | 4.01 Bn |
| Mar 31, 2023 | 4.08 Bn |
| Dec 31, 2022 | 4.13 Bn |
| Sep 30, 2022 | 4.19 Bn |
| Jun 30, 2022 | 4.32 Bn |
| Mar 31, 2022 | 4.41 Bn |
| Dec 31, 2021 | 4.52 Bn |
API Access
Fresenius Medical Care AG Operating Leases 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=operating-leases&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();