Universal Health Services (UHS) financials
Universal Health Services revenue and earnings by year
Universal Health Services's revenue was $17.4 billion in the fiscal year to December 31, 2025, up 9.7% from the year before. Net income was $1.49 billion, 8.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.4 | 15.8 | 14.3 | 13.4 | 12.6 | 11.6 | 11.4 | 10.8 | 10.4 | 9.8 |
| Revenue growth | 9.7% | 10.8% | 6.6% | 6.0% | 9.4% | 1.6% | 5.6% | 3.5% | 6.6% | — |
| Gross profit | 7.5 | 6.6 | 5.5 | 5.0 | 4.9 | 4.5 | 4.4 | 4.2 | 4.2 | 4.1 |
| Gross margin | 43.0% | 41.5% | 38.5% | 37.5% | 39.0% | 39.3% | 38.9% | 39.4% | 40.5% | 41.5% |
| Operating income | 2.0 | 1.7 | 1.2 | 1.0 | 1.4 | 1.4 | 1.2 | 1.2 | 1.3 | 1.3 |
| Operating margin | 11.5% | 10.6% | 8.2% | 7.5% | 10.8% | 11.8% | 10.7% | 10.9% | 12.3% | 13.1% |
| Net income | 1.5 | 1.1 | 0.7 | 0.7 | 1.0 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 |
| Net margin | 8.6% | 7.2% | 5.0% | 5.0% | 7.8% | 8.2% | 7.2% | 7.2% | 7.2% | 7.2% |
| Diluted EPS | $23.10 | $16.82 | $10.23 | $9.14 | $11.82 | $11.01 | $9.12 | $8.29 | $7.81 | $7.14 |
| Free cash flow | 0.8 | 1.1 | 0.5 | 0.3 | 0.0 | 1.6 | 0.8 | 0.6 | 0.7 | 0.8 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open UHS in Markets.
How Universal Health Services makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Acute Care Hospital Services | $2.61B | 56.3% |
| Behavioral Health Services | $2.03B | 43.7% |
See also: UHS valuation and P/E history · UHS returns
No forecast, no recommendation. This page describes Universal Health Services from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.