In order to study the deformation and stability of a fractured rock mass, existing research suggests that fracture deformation, which is usually obtained by evaluating the equivalent deformation modulus, dominates the deformation of a fractured rock mass. However, this parameter is difficult to obtain in theory and practice, which limits the application of rock mass deformation analysis methods. In order to calculate the deformation of fractured rock masses, the mass of the rock is regarded as a sponge-like material, and it is assumed that the deformation of a water-saturated fractured rock mass under external force load is approximately equal to the net flow of fracture water. Based on this assumption, firstly, the relationship between rock mass deformation and fracture flow is studied through a single-fracture rock mass model. The hydraulic properties of the fracture are characterized by the permeability coefficient, and the fracture deformation in the rock mass is equivalent to the fracture flow. The fracture deformation calculation formula is derived from the fracture hydraulics calculation formula, and this is compared with the measured data. The rationality of the calculation formula was verified. On this basis, the calculation formula for rock mass deformation, including multiple groups of fracture surfaces, is proposed, and the stress-strain constitutive relationship of a complex rock mass is established. The correctness of the calculation method was verified by comparing it with other theoretical calculation results.