Fresenius Medical Care AG (FMS)

Fresenius Medical Care AG Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,256	1,180	1,403	1,274	1,482	1,082
Short-Term Investments	-	163.09	154.37	187.83	159.18	179.27
Cash & Short-Term Investments	1,256	1,343	1,558	1,462	1,641	1,261
Cash Growth	-8.38%	-13.77%	6.59%	-10.92%	30.14%	8.38%
Accounts Receivable	3,275	3,409	3,638	3,720	3,580	3,264
Other Receivables	-	418.94	361.33	293.46	307.4	334.81
Receivables	3,275	3,876	4,012	4,032	3,907	3,619
Inventory	2,086	2,068	2,179	2,296	2,038	1,895
Prepaid Expenses	-	41.62	45.76	43.2	35.4	37.97
Other Current Assets	1,207	593.9	906.65	370.83	346.31	462.19
Total Current Assets	7,824	7,923	8,701	8,203	7,967	7,275
Property, Plant & Equipment	6,398	7,259	7,454	8,340	8,551	8,187
Long-Term Investments	751.18	1,125	1,080	1,199	786.91	761.11
Goodwill	13,585	15,171	14,650	15,791	14,362	12,959
Other Intangible Assets	1,250	1,370	1,362	1,519	1,459	1,381
Long-Term Accounts Receivable	-	111.86	122.57	141.76	148.55	126.88
Long-Term Deferred Tax Assets	230.77	229.51	283.95	312.68	315.36	351.15
Other Long-Term Assets	847.39	378.65	275.3	248.01	776.07	648.09
Total Assets	30,887	33,567	33,930	35,754	34,367	31,689
Accounts Payable	827.03	955.64	839.06	892.64	818.51	794.93
Accrued Expenses	-	1,269	1,224	1,150	1,301	1,143
Short-Term Debt	67.49	27.42	483.78	669.01	1,256	79.27
Current Portion of Long-Term Debt	475.76	575.28	487.7	694.06	667.97	1,008
Current Portion of Leases	594.05	640.88	616.96	673.83	661.58	609.16
Current Income Taxes Payable	173.34	142.65	191.27	143.93	137.84	118.39
Current Unearned Revenue	-	82.17	85.82	105.72	518.03	606.31
Other Current Liabilities	3,622	1,967	2,183	2,138	1,897	1,697
Total Current Liabilities	5,759	5,660	6,112	6,467	7,258	6,056
Long-Term Debt	6,323	6,261	6,960	7,171	6,647	6,800
Long-Term Leases	3,012	3,500	3,529	4,005	4,088	3,883
Long-Term Unearned Revenue	-	-	-	-	0.01	304.63
Pension & Post-Retirement Benefits	588.27	678.67	664.33	514.22	782.62	718.5
Long-Term Deferred Tax Liabilities	665.72	708.89	750.29	936.48	868.45	785.89
Other Long-Term Liabilities	629.82	989.8	1,088	1,211	744.06	809.24
Total Liabilities	16,979	17,798	19,103	20,305	20,388	19,358
Common Stock	293.41	293.41	293.41	293.41	293	292.88
Additional Paid-In Capital	2,625	3,345	3,380	3,373	2,891	2,873
Retained Earnings	11,845	11,266	10,922	10,712	10,826	10,255
Treasury Stock	-148.3	-	-	-	-	-
Comprehensive Income & Other	-1,665	-328.55	-975.17	-388.47	-1,312	-2,205
Total Common Equity	12,949	14,577	13,620	13,989	12,699	11,215
Minority Interest	959.61	1,192	1,206	1,460	1,280	1,116
Shareholders' Equity	13,908	15,769	14,827	15,449	13,979	12,331
Total Liabilities & Equity	30,887	33,567	33,930	35,754	34,367	31,689
Total Debt	10,473	11,004	12,077	13,213	13,320	12,380
Net Cash (Debt)	-9,217	-9,661	-10,519	-11,751	-11,679	-11,119
Net Cash Per Share	-31.35	-32.93	-35.85	-40.07	-39.85	-37.78
Filing Date Shares Outstanding	289.85	293.41	293.41	293.41	293	292.88
Total Common Shares Outstanding	289.85	293.41	293.41	293.41	293	292.88
Working Capital	2,065	2,263	2,590	1,736	709.61	1,219
Book Value Per Share	44.67	49.68	46.42	47.68	43.34	38.29
Tangible Book Value	-1,886	-1,964	-2,392	-3,320	-3,122	-3,125
Tangible Book Value Per Share	-6.51	-6.69	-8.15	-11.32	-10.66	-10.67
Land	-	63.13	65.65	70.31	70.69	69.58
Buildings	-	4,580	4,306	4,425	4,129	3,613
Machinery	-	6,417	6,228	6,400	5,680	5,233
Construction In Progress	-	385.66	384.05	362.84	394.33	471.48

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q