Fresenius Medical Care AG & Co. KGaA (FMS) quarterly balance sheet — complete assets, liabilities & equity history
Fresenius Medical Care AG & Co. KGaA (FMS) balance sheet — 28-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 7.84B | 7.69B | 8.11B | 7.9B | 7.82B | 8.14B | 7.96B | 7.92B | 8.09B | 8.69B | 9.28B | 8.7B | 9.05B | 8.35B | 8.56B | 8.2B | 8.51B | 8.1B | 8.04B | 7.97B |
| Cash & Short-Term Investments | 1.1B | 1.45B | 1.62B | 1.6B | 1.26B | 2.19B | 1.07B | 1.34B | 1.37B | 1.09B | 1.15B | 1.56B | 1.55B | 1.36B | 1.22B | 1.46B | 1.11B | 1.02B | 1.17B | 1.64B |
| Cash Only | 1.1B | 1.06B | 1.24B | 1.6B | 1.26B | 1.72B | 1.07B | 1.18B | 1.37B | 1.09B | 1.15B | 1.4B | 1.55B | 1.36B | 1.22B | 1.27B | 1.11B | 1.02B | 1.17B | 1.48B |
| Short-Term Investments | 0 | 388.1M | 384.2M | 0 | 0 | 474.97M | 0 | 163.09M | 0 | 0 | 0 | 154.37M | 0 | 0 | 0 | 187.83M | 0 | 0 | 0 | 159.18M |
| Accounts Receivable | 3.45B | 3.47B | 3.72B | 3.14B | 3.28B | 3.23B | 3.59B | 3.41B | 3.28B | 4.06B | 4.05B | 3.64B | 3.71B | 3.65B | 4B | 3.72B | 3.97B | 3.8B | 3.89B | 3.58B |
| Days Sales Outstanding | 64.43 | 67.22 | 66.91 | 58.23 | 61.27 | 64.79 | 64.54 | 60.5 | 70.94 | 77.45 | 74.04 | 67.8 | 68.59 | 72.06 | 73.81 | 70.81 | 70.2 | 73.61 | 73.92 | 69.59 |
| Inventory | 2.41B | 2.33B | 2.3B | 2.14B | 2.09B | 2B | 2.08B | 2.07B | 2.1B | 2.23B | 2.22B | 2.18B | 2.3B | 2.34B | 2.33B | 2.3B | 2.41B | 2.28B | 2.14B | 2.04B |
| Days Inventory Outstanding | 59.62 | 59.39 | 58.26 | 52.83 | 51.55 | 51.83 | 50.47 | 50.26 | 55.08 | 56.17 | 56.32 | 56.68 | 57.57 | 58.49 | 58.53 | 59.32 | 55.98 | 57.22 | 55.67 | 57.47 |
| Other Current Assets | 877.6M | 442.88M | 466.17M | 1.02B | 1.21B | 718.27M | 1.22B | 1.06B | 1.34B | 1.31B | 1.87B | 1.28B | 1.48B | 1B | 1.01B | 682.6M | 1.02B | 996.4M | 838.27M | 672.58M |
| Total Non-Current Assets | 23.61B | 23.6B | 23.36B | 23.1B | 23.06B | 23.16B | 24.78B | 25.64B | 24.42B | 25.21B | 25.05B | 25.23B | 26.58B | 26.61B | 26.94B | 27.55B | 29.89B | 27.96B | 26.68B | 26.4B |
| Property, Plant & Equipment | 6.38B | 6.43B | 6.44B | 3.01B | 6.4B | 6.5B | 6.98B | 7.26B | 6.98B | 7.26B | 7.31B | 7.45B | 7.89B | 7.93B | 8.08B | 8.34B | 9.1B | 8.86B | 8.51B | 8.55B |
| Fixed Asset Turnover | 0.77x | 0.76x | 0.98x | 1.08x | 0.76x | 0.71x | 0.69x | 0.71x | 0.67x | 0.65x | 0.64x | 0.65x | 0.62x | 0.60x | 0.57x | 0.57x | 0.57x | 0.55x | 0.53x | 0.55x |
| Goodwill | 14.02B | 13.97B | 13.85B | 0 | 13.59B | 13.62B | 14.64B | 15.17B | 14.23B | 14.81B | 14.68B | 14.65B | 15.41B | 15.42B | 15.48B | 15.79B | 17.19B | 15.59B | 14.63B | 14.36B |
| Intangible Assets | 1.26B | 1.28B | 1.26B | 14.83B | 1.25B | 1.25B | 1.33B | 1.37B | 1.31B | 1.35B | 1.36B | 1.36B | 1.41B | 1.4B | 1.42B | 1.52B | 1.6B | 1.55B | 1.48B | 1.46B |
| Long-Term Investments | 678.32M | 1.36B | 1.33B | 0 | 751.18M | 1.34B | 666.75M | 1.12B | 690.79M | 647.96M | 615.75M | 1.08B | 705.1M | 696.39M | 798.02M | 1.2B | 767.7M | 734.73M | 798.95M | 786.9M |
| Other Non-Current Assets | 970.02M | 296.47M | 233.4M | 5.26B | 1.08B | 213.01M | 1.16B | 720.02M | 1.22B | 1.13B | 1.1B | 681.83M | 1.18B | 1.16B | 1.16B | 702.46M | 1.24B | 1.23B | 1.27B | 1.24B |
| Total Assets | 31.45B | 31.29B | 31.47B | 31B | 30.89B | 31.29B | 32.74B | 33.57B | 32.51B | 33.9B | 34.34B | 33.93B | 35.63B | 34.96B | 35.5B | 35.75B | 38.41B | 36.07B | 34.72B | 34.37B |
| Asset Turnover | 0.16x | 0.15x | 0.15x | 0.16x | 0.16x | 0.15x | 0.15x | 0.15x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.13x | 0.13x | 0.14x | 0.13x | 0.13x | 0.14x |
| Asset Growth % | 1.82% | 0.01% | -3.87% | -7.64% | -5% | -7.68% | -4.66% | -1.07% | -8.77% | -3.04% | -3.28% | -5.1% | -7.22% | -3.08% | 2.24% | 4.04% | 13.52% | 9.34% | 4.72% | 8.45% |
| Total Current Liabilities | 7.91B | 7.18B | 6.73B | 6.25B | 5.76B | 5.66B | 5.45B | 5.66B | 5.89B | 5.94B | 6.2B | 6.11B | 6.62B | 6.62B | 6.49B | 6.47B | 6.36B | 6.88B | 6.38B | 7.26B |
| Accounts Payable | 927.6M | 891.84M | 890.43M | 738M | 827.03M | 751.75M | 895.85M | 984.32M | 772M | 784M | 835.41M | 885.15M | 844.77M | 819.21M | 913.57M | 951.58M | 908.92M | 938.79M | 860.27M | 857.53M |
| Days Payables Outstanding | 22.86 | 22.84 | 21.35 | 19.56 | 19.94 | 20.96 | 22.88 | 21.18 | 19.8 | 20.47 | 22.05 | 21.87 | 20.65 | 21.73 | 23.61 | 23.45 | 22.06 | 23.31 | 22.91 | 22.92 |
| Short-Term Debt | 2.39B | 1.74B | 1.8B | 1.61B | 543.25M | 1.01B | 685.34M | 577.38M | 1.05B | 803M | 904.87M | 944.6M | 1.26B | 1.61B | 1.41B | 1.34B | 641.01M | 1.47B | 1.17B | 1.92B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 82.17M | 0 | 0 | 0 | 85.82M | 0 | 0 | 0 | 105.72M | 0 | 0 | 0 | 518.03M |
| Other Current Liabilities | 3.89B | 3.73B | 3.3B | 3.31B | 3.62B | 3.14B | 3.08B | 2.84B | 3.47B | 3.73B | 3.62B | 2.99B | 3.64B | 3.35B | 3.32B | 2.86B | 3.88B | 3.6B | 3.52B | 2.75B |
| Current Ratio | 0.99x | 1.07x | 1.20x | 1.26x | 1.36x | 1.44x | 1.46x | 1.40x | 1.37x | 1.46x | 1.50x | 1.42x | 1.37x | 1.26x | 1.32x | 1.27x | 1.34x | 1.18x | 1.26x | 1.10x |
| Quick Ratio | 0.69x | 0.75x | 0.86x | 0.92x | 1.00x | 1.08x | 1.08x | 1.03x | 1.02x | 1.09x | 1.14x | 1.07x | 1.02x | 0.91x | 0.96x | 0.91x | 0.96x | 0.85x | 0.93x | 0.82x |
| Cash Conversion Cycle | 101.19 | 103.77 | 103.82 | 91.5 | 92.89 | 95.66 | 92.12 | 89.58 | 106.21 | 113.14 | 108.32 | 102.61 | 105.51 | 108.81 | 108.73 | 106.68 | 104.12 | 107.52 | 106.68 | 104.15 |
| Total Non-Current Liabilities | 9.79B | 10.58B | 10.53B | 10.47B | 11.22B | 11.3B | 11.78B | 12.14B | 11.83B | 12.77B | 13B | 12.99B | 13.58B | 13.41B | 13.78B | 13.84B | 15.31B | 13.74B | 13.81B | 13.13B |
| Long-Term Debt | 5.15B | 5.82B | 5.74B | 5.69B | 6.32B | 6.33B | 6.15B | 6.26B | 6.23B | 6.85B | 7.02B | 6.96B | 7.26B | 7B | 7.33B | 7.17B | 8.07B | 7.26B | 7.45B | 6.65B |
| Capital Lease Obligations | 2.76B | 2.81B | 2.9B | 2.91B | 3.01B | 3.09B | 3.36B | 3.5B | 3.32B | 3.48B | 3.49B | 3.53B | 3.8B | 3.81B | 3.87B | 4B | 4.34B | 4.22B | 4.05B | 4.09B |
| Deferred Tax Liabilities | 658.38M | 673.1M | 703.29M | 0 | 665.72M | 612.95M | 667.67M | 708.89M | 647.58M | 0 | 711.03M | 750.29M | 853.79M | 863.97M | 900.16M | 936.48M | 994.8M | 936.29M | 896.38M | 868.45M |
| Other Non-Current Liabilities | 1.22B | 1.27B | 1.19B | 1.88B | 1.22B | 1.27B | 1.61B | 1.63B | 1.63B | 2.44B | 1.78B | 1.74B | 1.66B | 1.73B | 1.68B | 1.72B | 1.91B | 1.32B | 1.41B | 1.53B |
| Total Liabilities | 17.69B | 17.76B | 17.26B | 16.72B | 16.98B | 16.96B | 17.23B | 17.8B | 17.72B | 18.71B | 19.2B | 19.1B | 20.2B | 20.03B | 20.27B | 20.3B | 21.67B | 20.62B | 20.18B | 20.39B |
| Total Debt | 10.89B | 10.96B | 11.03B | 10.79B | 10.47B | 11.02B | 10.84B | 11B | 11.23B | 11.78B | 12.06B | 12.08B | 12.97B | 13.07B | 13.27B | 13.21B | 13.79B | 13.66B | 13.34B | 13.32B |
| Net Debt | 9.79B | 9.9B | 9.79B | 9.2B | 9.22B | 9.31B | 9.77B | 9.82B | 9.86B | 10.69B | 10.91B | 10.67B | 11.42B | 11.7B | 12.04B | 11.94B | 12.67B | 12.64B | 12.17B | 11.84B |
| Debt / Equity | 0.79x | 0.81x | 0.78x | 0.76x | 0.75x | 0.77x | 0.70x | 0.70x | 0.76x | 0.78x | 0.80x | 0.81x | 0.84x | 0.88x | 0.87x | 0.86x | 0.82x | 0.88x | 0.92x | 0.95x |
| Debt / EBITDA | 27.21x | 13.23x | 13.15x | 11.70x | 12.19x | 14.32x | 13.97x | 12.56x | 13.54x | 14.51x | 15.90x | 14.15x | 16.68x | 16.52x | 18.98x | 15.61x | 14.16x | 17.91x | 17.41x | 15.03x |
| Net Debt / EBITDA | 24.46x | 11.95x | 11.68x | 9.97x | 10.73x | 12.10x | 12.59x | 11.22x | 11.89x | 13.16x | 14.38x | 12.50x | 14.68x | 14.80x | 17.23x | 14.10x | 13.02x | 16.57x | 15.87x | 13.36x |
| Interest Coverage | 4.10x | 4.78x | 3.22x | 6.14x | 5.32x | 4.63x | 3.62x | 2.77x | 4.84x | 4.30x | 2.52x | 4.08x | 3.06x | 3.63x | 2.87x | 3.76x | 5.27x | 4.19x | 4.35x | 5.02x |
| Total Equity | 13.76B | 13.53B | 14.2B | 14.28B | 13.91B | 14.33B | 15.5B | 15.77B | 14.79B | 15.19B | 15.13B | 14.83B | 15.43B | 14.93B | 15.23B | 15.45B | 16.74B | 15.45B | 14.54B | 13.98B |
| Equity Growth % | -1.09% | -5.55% | -8.38% | -9.42% | -5.97% | -5.67% | 2.46% | 6.35% | -4.17% | 1.72% | -0.62% | -4.03% | -7.77% | -3.37% | 4.73% | 10.52% | 24.46% | 20.59% | 10.15% | 13.36% |
| Book Value per Share | 26.25 | 25.09 | 25.81 | 24.98 | 23.79 | 24.41 | 26.42 | 13.44 | 12.60 | 12.94 | 12.89 | 16.85 | 17.54 | 16.97 | 17.31 | 13.18 | 14.27 | 13.18 | 12.40 | 15.75 |
| Total Shareholders' Equity | 12.79B | 12.56B | 13.24B | 14.28B | 12.95B | 13.27B | 14.37B | 14.58B | 13.62B | 13.93B | 13.91B | 13.62B | 14.01B | 13.53B | 13.83B | 13.99B | 15.05B | 14.05B | 13.23B | 12.7B |
| Common Stock | 268.56M | 268.56M | 293.41M | 14.28B | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.41M | 293.03M | 293M |
| Retained Earnings | 12.23B | 12.09B | 12.3B | 0 | 11.84B | 11.29B | 11.47B | 11.27B | 11.09B | 10.87B | 11.03B | 10.92B | 10.76B | 10.64B | 10.85B | 10.71B | 10.48B | 10.8B | 11.03B | 10.83B |
| Treasury Stock | -357.12M | -93.79M | -940.59M | 0 | -148.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.22B | -1.31B | -1.44B | 0 | -1.67B | -1.66B | -741.33M | -328.55M | -1.14B | -620.46M | -798.77M | -975.17M | -424.13M | -779.54M | -682.02M | -388.47M | 918.77M | 34.26M | -977.45M | -1.31B |
| Minority Interest | 964.81M | 974.54M | 962.88M | 0 | 959.61M | 1.06B | 1.13B | 1.19B | 1.17B | 1.26B | 1.22B | 1.21B | 1.43B | 1.4B | 1.4B | 1.46B | 1.68B | 1.4B | 1.3B | 1.28B |