Cash Flow Statement
Growth Metrics

Fresenius Medical Care AG (FMS) Total Non-Current Liabilities (2009 - 2025)

Fresenius Medical Care AG (FMS) posted Total Non-Current Liabilities of $12.2 billion for Q4 2025, down 7.04% on a QoQ basis from $13.1 billion in Q3 2025, and down 6.0% year-over-year from $13.0 billion in Q4 2024.

Fresenius Medical Care AG (FMS) has 17 years of Total Non-Current Liabilities data on file, last reported at $12.2 billion in Q4 2025.

  • In Q4 2025, Total Non-Current Liabilities fell 6.0% year-over-year to $12.2 billion; the TTM figure through Dec 2025 stood at $12.2 billion (down 6.0% YoY), while the FY2025 annual figure was $12.2 billion, down 6.0% from the prior year.
  • Total Non-Current Liabilities declined to $12.2 billion in Q4 2025, from $13.1 billion in the prior quarter.
  • Across five years, Total Non-Current Liabilities topped out at $15.5 billion in Q1 2022 and bottomed at $12.2 billion in Q4 2025.
  • A 5-year average of $14.2 billion and a median of $14.4 billion in 2023 frame the typical range for Total Non-Current Liabilities.
  • Annual changes were most pronounced in 2021 — Total Non-Current Liabilities advanced 13.88% — and 2025, when it retreated 12.24%.
  • Year by year, Total Non-Current Liabilities stood at $15.0 billion in 2021, then slipped by 6.01% to $14.1 billion in 2022, then decreased by 0.99% to $14.0 billion in 2023, then retreated by 7.2% to $13.0 billion in 2024, then slipped by 6.0% to $12.2 billion in 2025.
  • The last three Total Non-Current Liabilities figures came in at $12.2 billion (Q4 2025), $13.1 billion (Q3 2025), and $12.8 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (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 20.66 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 16.36 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.73 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 3.06 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 7.68 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 12.19 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 674.30 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 4.46 Bn
10 Option Care Health 3.27 Bn 3.09 Bn 262.01 Mn 1.30 Bn

Historic Data

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DateValue
Dec 31, 2025 12.19 Bn
Sep 30, 2025 13.12 Bn
Jun 30, 2025 12.80 Bn
Mar 31, 2025 12.39 Bn
Dec 31, 2024 12.97 Bn
Sep 30, 2024 12.99 Bn
Jun 30, 2024 13.76 Bn
Mar 31, 2024 14.12 Bn
Dec 31, 2023 13.98 Bn
Sep 30, 2023 14.78 Bn
Jun 30, 2023 14.60 Bn
Mar 31, 2023 14.79 Bn
Dec 31, 2022 14.12 Bn
Sep 30, 2022 15.44 Bn
Jun 30, 2022 14.66 Bn
Mar 31, 2022 15.50 Bn
Dec 31, 2021 15.02 Bn
Sep 30, 2021 15.20 Bn
Jun 30, 2021 15.35 Bn
Mar 31, 2021 15.34 Bn
Dec 31, 2020 15.86 Bn
Sep 30, 2020 15.59 Bn
Jun 30, 2020 14.10 Bn
Mar 31, 2020 13.47 Bn
Dec 31, 2019 14.00 Bn
Sep 30, 2019 13.63 Bn
Jun 30, 2019 13.41 Bn
Mar 31, 2019 13.37 Bn
Dec 31, 2018 8.07 Bn
Sep 30, 2018 8.36 Bn
Jun 30, 2018 9.04 Bn
Mar 31, 2018 9.60 Mn
Dec 31, 2017 9.30 Bn
Sep 30, 2017 9.55 Bn
Jun 30, 2017 9.58 Bn
Mar 31, 2017 9.70 Bn
Dec 31, 2016 9.88 Bn
Sep 30, 2016 8.94 Bn
Jun 30, 2016 -17.24 Bn
Mar 31, 2016 -17.67 Bn
Dec 31, 2015 10.19 Bn
Sep 30, 2015 13.77 Bn
Jun 30, 2015 -17.20 Bn
Mar 31, 2015 13.69 Bn
Dec 31, 2014 11.57 Bn
Sep 30, 2014 13.34 Bn
Jun 30, 2014 13.49 Bn
Mar 31, 2014 12.78 Bn
Dec 31, 2013 9.15 Bn
Sep 30, 2013 12.49 Bn
Jun 30, 2013 12.35 Bn
Mar 31, 2013 11.92 Bn
Dec 31, 2012 9.13 Bn
Sep 30, 2012 12.15 Bn
Jun 30, 2012 12.47 Bn
Mar 31, 2012 12.58 Bn
Dec 31, 2011 6.80 Bn
Sep 30, 2011 6.72 Bn
Jun 30, 2011 10.55 Bn
Dec 31, 2010 5.50 Bn
Sep 30, 2010 5.46 Bn
Mar 31, 2010 4.72 Bn
Dec 31, 2009 6.18 Bn
Jun 30, 2009 6.14 Bn