Fresenius Medical Care AG (FMS) Retained Earnings (2009 - 2025)
Fresenius Medical Care AG (FMS) recorded quarterly Retained Earnings of $14.2 billion in Q4 2025, up 829.86% quarter-over-quarter from -$1.9 billion in Q3 2025, and up 4147.65% on a YoY basis from $334.6 million in Q4 2024.
Fresenius Medical Care AG (FMS) Retained Earnings (2009 - 2025) Analysis & Trends
Fresenius Medical Care AG's Retained Earnings history runs 17 years deep, the most recent figure standing at $14.2 billion for Q4 2025.
- In Q4 2025, Retained Earnings rose 4147.65% year-over-year to $14.2 billion; the TTM figure through Dec 2025 stood at $14.2 billion (up 4147.65% YoY), while the FY2025 annual figure was $14.2 billion, up 4147.65% from the prior year.
- Retained Earnings was $14.2 billion for Q4 2025 at Fresenius Medical Care AG, up from -$1.9 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $14.2 billion in Q4 2025 to a low of -$2.2 billion in Q2 2021.
- Historically, Retained Earnings has averaged $460.1 million across 5 years, with a median of -$814.3 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Retained Earnings slumped 2421.87% in 2023, then soared 4147.65% in 2025.
- A 5-year view of Retained Earnings shows it stood at $12.4 billion in 2021, then plunged by 103.2% to -$396.3 million in 2022, then sank by 164.73% to -$1.0 billion in 2023, then soared by 66.54% to -$351.1 million in 2024, then jumped by 4147.65% to $14.2 billion in 2025.
- The last three Retained Earnings figures came in at $14.2 billion (Q4 2025), -$1.9 billion (Q3 2025), and -$1.9 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -5.98 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 5.12 Bn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | -179.24 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | - |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.85 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | - |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 14.21 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 3.01 Bn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 390.27 Mn |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 186.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.21 Bn |
| Sep 30, 2025 | -1.95 Bn |
| Jun 30, 2025 | -1.88 Bn |
| Mar 31, 2025 | -779.79 Mn |
| Dec 31, 2024 | -351.08 Mn |
| Sep 30, 2024 | -1.25 Bn |
| Jun 30, 2024 | -668.16 Mn |
| Mar 31, 2024 | -867.76 Mn |
| Dec 31, 2023 | -1.05 Bn |
| Sep 30, 2023 | -461.70 Mn |
| Jun 30, 2023 | -848.86 Mn |
| Mar 31, 2023 | -732.04 Mn |
| Dec 31, 2022 | -396.33 Mn |
| Sep 30, 2022 | 926.37 Mn |
| Jun 30, 2022 | 36.56 Mn |
| Mar 31, 2022 | -1.10 Bn |
| Dec 31, 2021 | 12.38 Bn |
| Sep 30, 2021 | -1.79 Bn |
| Jun 30, 2021 | -2.21 Bn |
| Mar 31, 2021 | -2.03 Bn |