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
DateValue
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