Fresenius Medical Care AG (FMS) Retained Earnings (2009 - 2026)
Fresenius Medical Care AG (FMS) reported Retained Earnings of $13.87 billion for the quarter ended Sep 30, 2026, down 0.2% from $13.9 billion a year earlier but up 0.4% from the prior quarter.
Powered by 
Analysis
Fresenius Medical Care AG (FMS) Retained Earnings (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Fresenius Medical Care AG posted Retained Earnings of $14.34 billion, up 22.3% from the prior year.
- Retained Earnings has a five-year compound annual growth rate of 2.6% (years ended Dec 2020 to Dec 2025).
- By year, Retained Earnings came in at $11.72 billion in the year ended Dec 31, 2024 (-3.0%), $12.09 billion in the year ended Dec 31, 2023 (+5.9%), $11.42 billion in the year ended Dec 31, 2022 (-6.9%) and $12.26 billion in the year ended Dec 31, 2021 (-2.8%).
- Five-year quarterly Retained Earnings spans a low of $10.3 billion in the quarter ended Sep 30, 2022 and a high of $14.34 billion in the quarter ended Dec 31, 2025.
- Year over year, Retained Earnings gained in six of the last eight quarters, with growth averaging 8.4%.
- The high point for year-over-year Retained Earnings in five years was the quarter ended Dec 31, 2025 (growth of 22.3%); the low point was the quarter ended Sep 30, 2022 (a decline of 16.0%).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at $13.81 billion (quarter ended Jun 30, 2026), $14.1 billion (quarter ended Mar 31, 2026) and $14.34 billion (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | -7.73 Bn |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -3.00 Bn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 8.91 Bn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 10.59 Bn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 6.94 Bn |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -3.35 Bn |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -2.53 Bn |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 138.57 Mn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | - |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn | 13.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.87 Bn |
| Jun 30, 2026 | 13.81 Bn |
| Mar 31, 2026 | 14.10 Bn |
| Dec 31, 2025 | 14.34 Bn |
| Sep 30, 2025 | 13.90 Bn |
| Jun 30, 2025 | 13.24 Bn |
| Mar 31, 2025 | 12.42 Bn |
| Dec 31, 2024 | 11.72 Bn |
| Sep 30, 2024 | 12.39 Bn |
| Jun 30, 2024 | 11.64 Bn |
| Mar 31, 2024 | 11.90 Bn |
| Dec 31, 2023 | 12.09 Bn |
| Sep 30, 2023 | 11.36 Bn |
| Jun 30, 2023 | 11.57 Bn |
| Mar 31, 2023 | 11.83 Bn |
| Dec 31, 2022 | 11.42 Bn |
| Sep 30, 2022 | 10.30 Bn |
| Jun 30, 2022 | 11.28 Bn |
| Mar 31, 2022 | 12.31 Bn |
| Dec 31, 2021 | 12.26 Bn |
API Access
Fresenius Medical Care AG Retained Earnings 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=retained-earnings&ticker=FMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();