Fresenius Medical Care AG (FMS) Total Debt (2009 - 2026)
Fresenius Medical Care AG's Total Debt was $8.69 billion in the quarter ended Sep 30, 2026, down 16.4% from $10.4 billion a year earlier and down 98.4% from the prior quarter.
Fresenius Medical Care AG (FMS) Total Debt (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Total Debt at Fresenius Medical Care AG came in at $12.68 billion, up 10.9% from the prior year.
- Total Debt shows a five-year compound annual growth rate of -3.6% (years ended Dec 2020 to Dec 2025).
- In earlier years, Total Debt was $11.44 billion in the year ended Dec 31, 2024 (-15.2%), $13.49 billion in the year ended Dec 31, 2023 (-4.1%), $14.06 billion in the year ended Dec 31, 2022 (-6.8%) and $15.09 billion in the year ended Dec 31, 2021 (-0.9%).
- The figure for the quarter ended Sep 30, 2026 marks the lowest quarterly Total Debt since the quarter ended Sep 30, 2023.
- Compared with a year earlier, Total Debt was higher in three of the last seven quarters, with an average decline of 5.4%.
- The best year-over-year quarter for Total Debt over five years was the quarter ended Jun 30, 2024 (growth of 50.6%); the worst was the quarter ended Jun 30, 2022 (a decline of 24.6%).
- Per Business Quant data, FMS's Total Debt in the three quarters before the quarter ended Sep 30, 2026 was $541.49 billion (quarter ended Jun 30, 2026), $12.68 billion (quarter ended Mar 31, 2026) and $12.68 billion (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 50.49 Bn |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | 80.30 Mn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 5.85 Bn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 5.55 Bn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 13.24 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 | 2.18 Bn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 2.60 Bn |
| 10 | Fresenius Medical Care AG | 6.62 Bn | -983.94 Mn | 1.47 Bn | 10.61 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.69 Bn |
| Jun 30, 2026 | 541.49 Bn |
| Mar 31, 2026 | 12.68 Bn |
| Dec 31, 2025 | 12.68 Bn |
| Sep 30, 2025 | 10.40 Bn |
| Jun 30, 2025 | 12.94 Bn |
| Mar 31, 2025 | 11.72 Bn |
| Dec 31, 2024 | 11.44 Bn |
| Sep 30, 2024 | 12.53 Bn |
| Jun 30, 2024 | 12.60 Bn |
| Mar 31, 2024 | 13.16 Bn |
| Dec 31, 2023 | 13.49 Bn |
| Sep 30, 2023 | 8.42 Bn |
| Jun 30, 2023 | 8.37 Bn |
| Mar 31, 2023 | 8.75 Bn |
| Dec 31, 2022 | 14.06 Bn |
| Sep 30, 2022 | 7.99 Bn |
| Jun 30, 2022 | 7.65 Bn |
| Mar 31, 2022 | 8.38 Bn |
| Dec 31, 2021 | 15.09 Bn |
Fresenius Medical Care AG Total Debt 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=total-debt&ticker=FMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=FMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();