Universal Health Services, Inc. (UHS) Financial Statements

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Universal Health Services financial statements at a glance

Universal Health Services reported revenue of $17.36 billion for fiscal year 2025 (ended December 31, 2025), up 9.7% from fiscal year 2024. Net income was $1.49 billion, a net margin of 8.6%.

At the end of fiscal year 2025 it had total assets of $15.53 billion, total liabilities of $8.25 billion and shareholders' equity of $7.28 billion, with total debt of $4.75 billion.

Its operations brought in $1.86 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

UHS logo

Universal Health Services, Inc.

UHSUnited States
Healthcare
USD (Local)

Income Statement

Annual • USD

Revenue
17.36B
Prev Year: 15.83B
YoY: +9.7%
Total Revenue
-
SG&A Expenses
9.89B
Prev Year: 9.25B
YoY: +6.9%
Cost of Revenue
-
Depreciation/Amortization
618.74M
Prev Year: 584.83M
YoY: +5.8%
Gross Profit
-
Other Operating Expenses, Total
4.86B
Prev Year: 4.31B
YoY: +12.8%
Operating Expense
-
Operating Expenses
15.37B
Prev Year: 14.15B
YoY: +8.7%
Operating Income
1.99B
Prev Year: 1.68B
YoY: +18.6%
Net Non Operating Interest Income Expense
-
Interest Inc.(Exp.),Net-Non-Op., Total
-156.07M
Prev Year: -186.11M
YoY: +16.1%
Pre-tax Income
-
Other, Net
134.19M
Prev Year: 2.23M
YoY: +5915.0%
Net Income Before Taxes
1.97B
Prev Year: 1.50B
YoY: +31.7%
Net Income Common Stockholders
-
Provision for Income Taxes
460.96M
Prev Year: 334.83M
YoY: +37.7%
Diluted NI Available to Com Stockholders
-
Net Income After Taxes
1.51B
Prev Year: 1.16B
YoY: +29.9%
Basic EPS
-
Net Income Before Extra. Items
1.49B
Prev Year: 1.14B
YoY: +30.4%
Diluted EPS
-
Net Income
1.49B
Prev Year: 1.14B
YoY: +30.4%
Weighted Average Shares (basic)
-
Income Available to Com Excl ExtraOrd
1.49B
Prev Year: 1.14B
YoY: +30.4%
Total Adjustments to Net Income
-
Prev Year: -50.0K
Weighted Average Shares (diluted)
-
Income Available to Com Incl ExtraOrd
1.49B
Prev Year: 1.14B
YoY: +30.4%
Total Operating Income as Reported
-
Diluted Net Income
1.49B
Prev Year: 1.14B
YoY: +30.4%
Total Expenses
-
Diluted Weighted Average Shares
64.46M
Prev Year: 67.90M
YoY: -5.1%
Net Income from Continuing and Discontinued Operation
-
Diluted EPS Excluding ExtraOrd Items
23.096
Prev Year: 16.821
YoY: +37.3%
Normalized Income
-
DPS - Common Stock Primary Issue
0.8
Prev Year: 0.8
YoY: 0.0%
Interest Income
-
Diluted Normalized EPS
23.096
Prev Year: 16.821
YoY: +37.3%
Interest Expense
-
Minority Interest
-22.39M
Prev Year: -21.01M
YoY: -6.5%
Net Interest Income
-
Values in USD

Universal Health Services key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$17.4B$15.8B$14.3B$13.4B$12.6B
Gross profit––––$11.2B
Operating income$2.0B$1.7B$1.2B$1.0B$1.4B
Net income$1.5B$1.1B$717.8M$675.6M$989.5M
Diluted EPS––––$11.82
Total assets$15.5B$14.5B$14.0B$13.5B$13.1B
Total liabilities$8.3B$7.8B$7.8B$7.6B$6.9B
Shareholders' equity$7.3B$6.7B$6.1B$5.9B$6.1B
Cash––––$115.3M
Total debt$4.8B$4.5B$4.9B$4.8B$4.6B
Operating cash flow$1.9B$2.1B$1.3B$996.0M$883.7M
Capital spending––––$855.7M
Free cash flow––––$28.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Universal Health Services's revenue in fiscal year 2025?

$17.36 billion, up 9.7% from $15.83 billion in fiscal year 2024.

How much profit does Universal Health Services make?

Universal Health Services reported net income of $1.49 billion for fiscal year 2025 (8.6% of revenue); operating income was $1.99 billion.

How much cash and debt does Universal Health Services have?

At the end of fiscal year 2025: total debt of $4.75 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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