Cash Flow Statement

Operating Cash Flow

-47%

-66%

10Y

Currency: EUR

	Dec-2002	Mar-2003	Jun-2003	Sep-2003	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025
Operating Cash Flow
Net Income	134	136	240	1	115	123	34	135	168	124	185	199	222	245	267	297	330	363	389	403	422	511	626	734	529	1 031	1 051	1 034	971	899	963	1 117	1 204	1 267	1 242	1 287	1 328	1 512	1 641	1 687	1 733	1 658	1 671	1 643	1 698	1 699	1 724	1 783	1 812	1 938	2 040	2 176	2 344	2 419	2 512	2 576	2 676	2 849	2 929	2 947	3 033	2 980	3 678	3 689	3 714	3 730	3 040	3 096	3 029	3 045	3 051	3 044	2 823	2 764	2 740	2 673	2 819	2 747	2 603	2 473	2 117	1 981	1 583	858	238	64	(114)	379	867	1 049	1 406	1 450
Depreciation & Amortization	341	332	322	319	325	320	324	319	315	317	316	323	320	338	360	381	406	420	418	419	427	434	447	471	521	554	579	591	624	642	670	692	662	645	640	642	674	733	766	798	792	817	840	894	902	923	938	920	955	996	1 047	1 100	1 124	1 138	1 173	1 188	1 215	1 277	1 321	1 371	1 437	1 442	1 445	1 444	1 495	1 652	1 873	2 150	2 412	2 511	2 565	2 553	2 715	2 707	2 709	2 752	2 667	2 738	2 780	2 892	2 973	2 984	3 005	1 691	1 478	1 065	683	1 491	1 204	1 175	1 121	1 132
Change in Deffered Taxes	54	0	0	78	80	0	0	80	25	29	37	18	10	27	(28)	(9)	76	93	128	115	27	26	55	31	128	135	120	147	(4)	(59)	(84)	(91)	4	41	55	77	81	73	94	68	(16)	(62)	(58)	(89)	(3)	16	(10)	23	63	35	28	0	(61)	(37)	(36)	(26)	3	(5)	33	1	(230)	(223)	(233)	(113)	100	163	156	59	71	(18)	28	(1)	43	63	(2)	53	84	86	33	13	(115)	(121)	(113)	(26)	(17)	(11)	97	42	33	49	(13)	(14)
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35	0	0	0	34	9	19	27	34	34	20	19	34	33	38	34	19	20	23	41	42	42	52	39	37	36	31	30	32	31	29	24	21	16	12	0	0	0	1	1	1	0	0	0	20	0	0	0	20	0	0	0	71	0	0	0
Other Non-Cash Items	257	261	146	421	323	330	430	322	212	259	212	225	253	270	291	298	330	351	370	398	387	291	190	35	334	(63)	(62)	(8)	0	0	(2)	6	1	(1)	0	(5)	(3)	(1)	1	9	11	12	10	4	(14)	(15)	(13)	(15)	7	0	5	7	(33)	2	2	0	2	(3)	(3)	(4)	(122)	3	4	8	(876)	(14)	(29)	(111)	(67)	(79)	(116)	(48)	(60)	(86)	(30)	(40)	42	39	127	(1)	(116)	(138)	(233)	1 855	2 318	2 381	2 383	451	8	(134)	(186)	(267)
Cash Taxes Paid	139	0	0	0	171	0	0	362	180	243	324	208	360	327	355	400	349	364	378	337	323	344	312	320	359	369	375	372	393	367	443	465	504	525	533	545	516	456	489	596	659	714	695	659	648	651	713	731	781	804	799	821	860	833	948	945	894	993	1 022	1 045	1 187	1 114	1 125	1 037	918	923	836	871	773	745	561	589	765	755	964	864	750	754	752	775	850	818	720	470	356	332	255	424	430	434	410	437
Cash Interest Paid	273	0	0	0	244	0	0	413	228	272	323	199	208	230	252	359	393	448	453	419	388	371	361	374	410	448	513	587	554	572	554	526	534	513	469	484	474	515	513	569	580	631	626	580	563	521	525	547	567	579	567	560	575	559	570	572	562	570	594	552	566	528	526	523	519	503	508	487	733	761	801	821	627	595	574	522	517	532	532	563	610	644	732	471	403	311	259	431	415	448	363	319
Change in Working Capital	(89)	(29)	(35)	(64)	(67)	(32)	(63)	(65)	131	109	92	101	(25)	(78)	(62)	(187)	(84)	(68)	(66)	49	40	33	(88)	(145)	(432)	(674)	(487)	(297)	(27)	338	223	66	50	(200)	(182)	(280)	(391)	(358)	(315)	(211)	(67)	(65)	(197)	(239)	(246)	(591)	(548)	(292)	(277)	(24)	(12)	(219)	(25)	(371)	(226)	(277)	(311)	(393)	(345)	(182)	(181)	(505)	(1 384)	(1 363)	(691)	(1 736)	(1 060)	(1 024)	(1 182)	(607)	1 201	897	1 028	875	(725)	(719)	(534)	(1 083)	(1 450)	(1 254)	(661)	(434)	199	215	403	731	634	737	303	320	(79)	(124)
Cash from Operating Activities	697 N/A	754 +8%	712 -6%	755 +6%	776 +3%	821 +6%	805 -2%	791 -2%	851 +8%	838 -2%	842 +0%	866 +3%	780 -10%	802 +3%	828 +3%	780 -6%	1 058 +36%	1 159 +10%	1 239 +7%	1 384 +12%	1 303 -6%	1 295 -1%	1 230 -5%	1 126 -8%	1 080 -4%	983 -9%	1 201 +22%	1 467 +22%	1 564 +7%	1 820 +16%	1 770 -3%	1 790 +1%	1 921 +7%	1 752 -9%	1 755 +0%	1 721 -2%	1 689 -2%	1 959 +16%	2 187 +12%	2 351 +7%	2 453 +4%	2 360 -4%	2 266 -4%	2 213 -2%	2 337 +6%	2 032 -13%	2 091 +3%	2 419 +16%	2 560 +6%	2 952 +15%	3 108 +5%	3 064 -1%	3 349 +9%	3 151 -6%	3 425 +9%	3 461 +1%	3 585 +4%	3 725 +4%	3 935 +6%	4 133 +5%	3 937 -5%	3 697 -6%	3 510 -5%	3 665 +4%	3 742 +2%	3 795 +1%	3 980 +5%	4 170 +5%	4 263 +2%	4 852 +14%	6 729 +39%	6 445 -4%	6 549 +2%	6 323 -3%	4 692 -26%	4 719 +1%	5 078 +8%	4 527 -11%	4 093 -10%	4 123 +1%	4 198 +2%	4 272 +2%	4 441 +4%	4 593 +3%	4 420 -4%	4 230 -4%	3 683 -13%	3 100 -16%	2 415 -22%	2 459 +2%	2 249 -9%	2 177 -3%
Investing Cash Flow
Capital Expenditures	(377)	0	0	(557)	(339)	0	0	(333)	(308)	(357)	(425)	(333)	(353)	(409)	(467)	(535)	(595)	(645)	(684)	(719)	(711)	(724)	(737)	(724)	(767)	(748)	(726)	(715)	(687)	(674)	(717)	(731)	(764)	(770)	(724)	(742)	(783)	(801)	(858)	(890)	(985)	(1 022)	(1 060)	(1 083)	(1 088)	(1 143)	(1 189)	(1 270)	(1 366)	(1 400)	(1 445)	(1 455)	(1 511)	(1 569)	(1 587)	(1 638)	(1 641)	(1 647)	(1 668)	(1 702)	(1 823)	(1 876)	(1 960)	(2 073)	(2 149)	(2 214)	(2 314)	(2 360)	(2 459)	(2 571)	(2 488)	(2 428)	(2 406)	(2 247)	(2 275)	(2 199)	(2 047)	(1 992)	(1 924)	(1 863)	(1 917)	(1 913)	(1 875)	(1 467)	(1 134)	(973)	(714)	(967)	(923)	(905)	(974)	(978)
Other Items	(56)	(41)	(177)	231	(54)	(57)	(67)	(62)	(68)	(114)	(86)	(210)	(1 584)	(4 740)	(4 403)	(4 428)	(3 201)	39	(356)	(310)	(353)	(466)	(423)	(3 062)	(2 931)	(2 862)	(2 842)	(222)	(212)	(188)	(309)	(352)	(482)	(667)	(1 100)	(1 062)	(1 289)	(2 496)	(2 955)	(2 856)	(2 280)	(798)	251	(121)	(2 531)	(3 429)	(3 540)	(3 673)	(1 960)	(1 037)	(981)	(586)	(5)	(246)	(250)	(244)	(460)	(5 720)	(6 018)	(6 219)	(5 747)	(478)	1 382	1 149	685	(1 027)	(2 660)	(2 290)	(2 397)	(788)	(732)	(706)	(605)	(378)	(750)	(789)	(770)	(799)	(619)	(931)	(690)	(649)	(365)	(568)	(2 053)	(1 859)	(1 735)	(996)	413	502	406	253
Cash from Investing Activities	(433) N/A	(418) +3%	(369) +12%	(326) +12%	(393) -21%	(396) -1%	(406) -3%	(395) +3%	(376) +5%	(471) -25%	(511) -8%	(543) -6%	(1 937) -257%	(5 149) -166%	(4 870) +5%	(4 963) -2%	(3 796) +24%	(606) +84%	(1 040) -72%	(1 029) +1%	(1 064) -3%	(1 190) -12%	(1 160) +3%	(3 786) -226%	(3 698) +2%	(3 610) +2%	(3 568) +1%	(937) +74%	(899) +4%	(862) +4%	(1 026) -19%	(1 083) -6%	(1 246) -15%	(1 437) -15%	(1 824) -27%	(1 804) +1%	(2 072) -15%	(3 297) -59%	(3 813) -16%	(3 746) +2%	(3 265) +13%	(1 820) +44%	(809) +56%	(1 204) -49%	(3 619) -201%	(4 572) -26%	(4 729) -3%	(4 943) -5%	(3 326) +33%	(2 437) +27%	(2 426) +0%	(2 041) +16%	(1 516) +26%	(1 815) -20%	(1 837) -1%	(1 882) -2%	(2 101) -12%	(7 367) -251%	(7 686) -4%	(7 921) -3%	(7 570) +4%	(2 354) +69%	(578) +75%	(924) -60%	(1 464) -58%	(3 241) -121%	(4 974) -53%	(4 650) +7%	(4 856) -4%	(3 359) +31%	(3 220) +4%	(3 134) +3%	(3 011) +4%	(2 625) +13%	(3 025) -15%	(2 988) +1%	(2 817) +6%	(2 791) +1%	(2 543) +9%	(2 794) -10%	(2 607) +7%	(2 562) +2%	(2 240) +13%	(2 035) +9%	(3 187) -57%	(2 832) +11%	(2 449) +14%	(1 963) +20%	(510) +74%	(403) +21%	(568) -41%	(725) -28%
Financing Cash Flow
Net Issuance of Common Stock	1	0	0	(8)	1	0	0	3	3	8	13	58	1 009	1 033	1 037	1 016	75	54	53	53	55	(400)	(394)	335	(129)	325	314	(431)	56	65	81	129	121	109	118	99	99	103	1 115	1 152	1 154	1 153	(33)	(269)	(233)	(230)	(52)	168	125	154	167	155	173	138	118	109	78	82	104	78	23	20	(39)	2	55	(36)	(210)	(418)	(551)	(680)	(633)	(478)	(348)	(132)	27	41	38	38	37	22	20	19	0	0	0	0	0	0	0	0	0	0
Net Issuance of Debt	223	0	0	244	(29)	0	0	(175)	(479)	(417)	(422)	(282)	598	3 412	3 161	3 056	2 456	(504)	(151)	62	148	429	518	2 238	2 694	2 590	2 507	515	(159)	(285)	(270)	(536)	(366)	311	81	691	563	1 621	1 668	811	803	(1 059)	(842)	(41)	1 886	2 963	3 271	3 008	1 505	176	(372)	(620)	(1 253)	(706)	(474)	(524)	(430)	4 723	4 876	4 851	4 616	(432)	(1 031)	(655)	(134)	43	1 033	233	638	238	(607)	156	(1 321)	(1 472)	(604)	(1 001)	(398)	(1 109)	(1 076)	(835)	(779)	(237)	(449)	(226)	762	(410)	(1 481)	(1 696)	(2 121)	(523)	(822)	119
Cash Paid for Dividends	(101)	(101)	(111)	(114)	(114)	0	(126)	(119)	(122)	(122)	(130)	(135)	(132)	(132)	(159)	(159)	(171)	(175)	(205)	(203)	(205)	(206)	(235)	(249)	(245)	(251)	(279)	(273)	(275)	(288)	(319)	(320)	(329)	(320)	(336)	(359)	(365)	(374)	(436)	(438)	(446)	(472)	(518)	(493)	(491)	(469)	(502)	(554)	(582)	(601)	(648)	(643)	(639)	(639)	(708)	(707)	(738)	(764)	(941)	(951)	(924)	(896)	(902)	(893)	(904)	(902)	(940)	(952)	(952)	(967)	(143)	(540)	(468)	(410)	(959)	(491)	(491)	(491)	(367)	(817)	(890)	(890)	(1 041)	(617)	(550)	0	(32)	(6)	0	(96)	(656)	(684)
Other	(385)	(469)	(423)	(569)	(269)	(295)	(276)	(90)	140	159	200	37	(219)	333	112	363	400	(69)	161	(188)	(121)	178	97	351	303	(33)	(166)	(224)	(234)	(396)	(33)	214	221	19	251	(352)	(55)	(63)	(358)	168	(437)	(181)	(211)	(269)	142	316	177	45	(5)	(196)	(43)	15	(263)	(166)	(319)	(254)	116	158	45	182	157	169	(16)	(159)	(290)	282	269	651	381	70	(491)	(1 187)	(980)	(1 301)	(813)	(573)	(601)	(81)	(386)	(94)	45	(277)	(196)	(973)	(1 589)	(1 742)	(1 136)	(633)	(62)	(57)	(54)	5
Cash from Financing Activities	(262) N/A	(347) -32%	(301) +13%	(447) -49%	(411) +8%	(445) -8%	(438) +2%	(381) +13%	(458) -20%	(372) +19%	(339) +9%	(322) +5%	1 256 N/A	4 646 +270%	4 151 -11%	4 276 +3%	2 760 -35%	(694) N/A	(142) +80%	(276) -94%	(123) +55%	1 N/A	(14) N/A	2 675 N/A	2 623 -2%	2 631 +0%	2 376 -10%	(413) N/A	(612) -48%	(904) -48%	(541) +40%	(513) +5%	(353) +31%	119 N/A	114 -4%	79 -31%	242 +206%	1 287 +432%	1 989 +55%	1 693 -15%	1 074 -37%	(559) N/A	(1 604) -187%	(1 072) +33%	1 304 N/A	2 580 +98%	2 894 +12%	2 667 -8%	1 043 -61%	(467) N/A	(896) -92%	(1 093) -22%	(1 982) -81%	(1 373) +31%	(1 383) -1%	(1 376) +1%	(974) +29%	4 199 N/A	4 084 -3%	4 160 +2%	3 872 -7%	(1 139) N/A	(1 988) -75%	(1 705) +14%	(1 273) +25%	(613) +52%	152 N/A	(486) N/A	(484) +0%	(1 339) -177%	(1 874) -40%	(2 049) -9%	(3 117) -52%	(3 315) -6%	(2 349) +29%	(2 024) +14%	(1 452) +28%	(1 643) -13%	(1 792) -9%	(1 724) +4%	(1 604) +7%	(1 385) +14%	(1 686) -22%	(1 816) -8%	(1 377) +24%	(2 702) -96%	(2 649) +2%	(2 335) +12%	(2 183) +7%	(676) +69%	(1 532) -127%	(560) +63%
Change in Cash
Effect of Foreign Exchange Rates	(20)	(26)	(13)	(10)	(10)	(5)	(1)	(2)	(2)	(2)	3	6	13	3	(5)	(6)	(13)	(7)	(4)	(15)	(16)	(24)	(21)	(1)	4	20	11	(6)	(3)	7	44	22	27	(7)	(45)	(2)	7	12	44	16	(12)	14	(26)	(32)	(43)	(61)	(28)	19	34	115	61	10	18	(73)	(24)	7	25	41	(60)	(85)	(182)	(200)	(48)	(52)	68	118	38	109	22	(22)	(25)	(203)	(238)	(181)	(141)	48	118	107	121	110	(2)	(81)	(173)	(222)	(43)	2	51	44	(2)	(12)	(30)	(22)
Net Change in Cash	(18) N/A	(37) -106%	29 N/A	(28) N/A	(38) -36%	(25) +34%	(40) -60%	13 N/A	15 +15%	(7) N/A	(5) +29%	7 N/A	112 +1 500%	302 +170%	104 -66%	87 -16%	9 -90%	(148) N/A	53 N/A	64 +21%	100 +56%	82 -18%	35 -57%	14 -60%	9 -36%	24 +167%	20 -17%	111 +455%	50 -55%	61 +22%	247 +305%	216 -13%	349 +62%	427 +22%	0 N/A	(6) N/A	(134) -2 133%	(39) +71%	407 N/A	314 -23%	250 -20%	(5) N/A	(173) -3 360%	(95) +45%	(21) +78%	(21) N/A	228 N/A	162 -29%	311 +92%	163 -48%	(153) N/A	(60) +61%	(131) -118%	(110) +16%	181 N/A	210 +16%	535 +155%	598 +12%	273 -54%	287 +5%	57 -80%	4 -93%	896 +22 300%	984 +10%	1 073 +9%	59 -95%	(804) N/A	(857) -7%	(1 055) -23%	132 N/A	1 610 +1 120%	1 059 -34%	183 -83%	202 +10%	(823) N/A	(245) +70%	927 N/A	200 -78%	(121) N/A	(285) -136%	(15) +95%	244 N/A	342 +40%	520 +52%	(187) N/A	(1 302) -596%	(1 364) -5%	(1 154) +15%	(280) +76%	1 368 N/A	119 -91%	870 +631%
Free Cash Flow
Free Cash Flow	320 N/A	754 +136%	712 -6%	198 -72%	437 +121%	821 +88%	805 -2%	458 -43%	543 +19%	481 -11%	417 -13%	533 +28%	427 -20%	393 -8%	361 -8%	245 -32%	463 +89%	514 +11%	555 +8%	665 +20%	592 -11%	571 -4%	493 -14%	402 -18%	313 -22%	235 -25%	475 +102%	752 +58%	877 +17%	1 146 +31%	1 053 -8%	1 059 +1%	1 157 +9%	982 -15%	1 031 +5%	979 -5%	906 -7%	1 158 +28%	1 329 +15%	1 461 +10%	1 468 +0%	1 338 -9%	1 206 -10%	1 130 -6%	1 249 +11%	889 -29%	902 +1%	1 149 +27%	1 194 +4%	1 552 +30%	1 663 +7%	1 609 -3%	1 838 +14%	1 582 -14%	1 838 +16%	1 823 -1%	1 944 +7%	2 078 +7%	2 267 +9%	2 431 +7%	2 114 -13%	1 821 -14%	1 550 -15%	1 592 +3%	1 593 +0%	1 581 -1%	1 666 +5%	1 810 +9%	1 804 0%	2 281 +26%	4 241 +86%	4 017 -5%	4 143 +3%	4 076 -2%	2 417 -41%	2 520 +4%	3 031 +20%	2 535 -16%	2 169 -14%	2 260 +4%	2 281 +1%	2 359 +3%	2 566 +9%	3 126 +22%	3 286 +5%	3 257 -1%	2 969 -9%	2 133 -28%	1 492 -30%	1 554 +4%	1 275 -18%	1 199 -6%

Income Statement Balance Sheet Cash Flow Statement

Fresenius SE & Co KGaA
XETRA:FRE

Cash Flow Statement

Cash Flow Statement
Fresenius SE & Co KGaA

See Also

Company

Help

Tools

Stocks

Fresenius SE & Co KGaA XETRA:FRE

Cash Flow Statement

Cash Flow Statement Fresenius SE & Co KGaA

See Also

Company

Help

Tools

Stocks

Fresenius SE & Co KGaA
XETRA:FRE

Cash Flow Statement
Fresenius SE & Co KGaA