Fresenius Medical Care AG (FMS) Receivables Refunds (2014 - 2025)
Fresenius Medical Care AG (FMS) posted Receivables Refunds of $146.9 million for Q4 2025, down 44.72% on a QoQ basis from $265.7 million in Q4 2024, and down 44.72% year-over-year from $265.7 million in Q4 2024.
Fresenius Medical Care AG (FMS) has 12 years of Receivables Refunds data on file, last reported at $146.9 million in Q4 2025.
- In Q4 2025, Receivables Refunds fell 44.72% year-over-year to $146.9 million; the TTM figure through Dec 2025 stood at $146.9 million (down 44.72% YoY), while the FY2025 annual figure was $146.9 million, down 44.72% from the prior year.
- Receivables Refunds retreated to $146.9 million in Q4 2025, from $265.7 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $265.7 million in Q4 2024 and bottomed at $125.4 million in Q4 2021.
- A 5-year average of $179.4 million and a median of $146.9 million in 2025 frame the typical range for Receivables Refunds.
- Annual changes were most pronounced in 2023 — Receivables Refunds jumped 44.79% — and 2025, when it slumped 44.72%.
- Year by year, Receivables Refunds stood at $125.4 million in 2021, then gained by 17.01% to $146.7 million in 2022, then jumped by 44.79% to $212.4 million in 2023, then rose by 25.11% to $265.7 million in 2024, then slumped by 44.72% to $146.9 million in 2025.
- The last three Receivables Refunds figures came in at $146.9 million (Q4 2025), $265.7 million (Q4 2024), and $212.4 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | - |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | - |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 35.78 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | - |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | - |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | - |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 146.90 Mn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | - |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | - |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 146.90 Mn |
| Dec 31, 2024 | 265.73 Mn |
| Dec 31, 2023 | 212.39 Mn |
| Dec 31, 2022 | 146.69 Mn |
| Dec 31, 2021 | 125.36 Mn |
| Dec 31, 2020 | 129.21 Mn |
| Dec 31, 2019 | 231.94 Mn |
| Dec 31, 2018 | 122.94 Mn |
| Dec 31, 2017 | 106.92 Mn |
| Dec 31, 2016 | 81.77 Mn |
| Dec 31, 2015 | 69.68 Mn |
| Dec 31, 2014 | 80.16 Mn |