Universal Health Services (UHS) financial statements
- FY2025 revenue
- $17.4B▲ +9.7%
- FY2025 net income
- $1.5B▲ +30.4%
- FY2025 diluted EPS
- $23.10▲ +37.3%
- FY2025 free cash flow
- $849M▼ −24.4%
Universal Health Services income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 17,365 | 15,828 | 14,282 |
| Operating income | 1,994 | 1,682 | 1,175 |
| Pretax income | 1,972 | 1,498 | 940 |
| Net income | 1,489 | 1,142 | 718 |
| Diluted earnings per share | 23.10 | 16.82 | 10.23 |
Universal Health Services balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 138 | 126 | 119 |
| Total assets | 15,528 | 14,470 | 13,968 |
| Total liabilities (derived) | 8,118 | 7,707 | 7,766 |
| Total equity | 7,339 | 6,750 | 6,197 |
| Long-term debt | 4,004 | 4,464 | 4,786 |
Universal Health Services cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 1,864 | 2,067 | 1,268 |
| Capital expenditure | -1,015 | -944 | -743 |
| Free cash flow (derived) | 849 | 1,123 | 525 |
| Dividends paid | -51 | -53 | -55 |
| Share repurchases | -968 | -671 | -547 |
Quarterly highlights
| USD millions | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 | 30 Sep 2025 |
| Revenue (derived) | 4,638 | 4,495 | 4,486 | 4,495 |
| Operating income (derived) | 517 | 503 | 517 | 522 |
| Net income (derived) | 358 | 349 | 446 | 373 |
| Diluted earnings per share | 5.98 | 5.65 | n/a | 5.86 |
| Operating cash flow (derived) | 443 | 402 | 575 | 381 |
| Total assets | 15,935 | 15,681 | 15,528 | 15,344 |
Universal Health Services major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| First Eagle Investment Management, LLC | 8.8% | 4,674,801 | 6 August 2026 |
| Vanguard Capital Management | 7.3% | 3,922,926 | 30 April 2026 |
| BlackRock, Inc. | 7.2% | 4,139,531 | 17 April 2025 |
| FIRST EAGLE GLOBAL FUND | 5.8% | 3,108,317 | 6 August 2026 |
| Dimensional Fund Advisors LP | 5.2% | 2,679,916 | 8 October 2026 |
Universal Health Services 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 27 October 2026 | 8-K | Current report | Current report |
| 21 August 2026 | 8-K | Current report | Current report |
| 17 August 2026 | 8-K | Current report | Current report |
| 13 August 2026 | 8-K | Current report | Current report |
| 7 August 2026 | 10-Q | Quarterly report | Quarterly report |
| 28 July 2026 | 8-K | Current report | Current report |
| 21 July 2026 | 8-K | Current report | Current report |
| 22 May 2026 | 8-K | Current report | Current report |
Common questions
What was Universal Health Services' revenue in fiscal 2025?
Universal Health Services reported $17.4 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 9.7% from fiscal 2024.
What was Universal Health Services' net income in fiscal 2025?
Universal Health Services reported net income of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 30.4% from fiscal 2024. Diluted earnings per share were $23.10.
What was Universal Health Services' free cash flow in fiscal 2025?
Universal Health Services had $849 million in free cash flow in fiscal 2025. Operating cash flow was $1.9 billion and capital expenditure was $1.0 billion.
What were Universal Health Services' total assets at the end of fiscal 2025?
Universal Health Services reported total assets of $15.5 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Universal Health Services history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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