financial statements

The full income statement, balance sheet, and cash-flow statement for Universal Health Services (UHS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	17.4B YoY+9.7%	15.8B YoY+10.8%	14.3B YoY+6.6%	13.4B YoY+6.0%	12.6B YoY+9.4%
Total operating expenses	15.4B YoY+8.7%	14.1B YoY+7.9%	13.1B YoY+5.7%	12.4B YoY+9.9%	11.3B YoY+10.6%
Operating income	1.99B YoY+18.6%	1.68B YoY+43.1%	1.18B YoY+17.1%	1.00B YoY-26.4%	1.36B YoY+0.3%
Interest expense	156M YoY-16.1%	186M YoY-10.0%	207M YoY+62.9%	127M YoY+51.7%	83.7M YoY-21.3%
Other non-operating income	134M YoY+5915.0%	2.23M YoY+107.9%	-28.3M YoY-171.8%	-10.4M YoY-174.9%	13.9M YoY+99121.4%
Pre-tax income	1.97B YoY+31.7%	1.50B YoY+59.3%	940M YoY+8.6%	866M YoY-33.0%	1.29B YoY+3.3%
Income tax	461M YoY+37.7%	335M YoY+51.4%	221M YoY+5.7%	209M YoY-31.5%	306M YoY+2.1%
	1.49B YoY+30.4%	1.14B YoY+59.1%	718M YoY+6.2%	676M YoY-31.9%	992M YoY+5.0%
Net income to non-controlling interest	22.4M YoY+6.5%	21.0M YoY+1289.7%	1.51M YoY+108.1%	-18.6M YoY-370.6%	-3.96M YoY-144.8%
Net income to common	1.49B YoY+30.4%	1.14B YoY+59.2%	717M YoY+6.3%	675M YoY-31.8%	990M
	$23.10 YoY+37.3%	$16.82 YoY+64.4%	$10.23 YoY+11.9%	$9.14 YoY-22.7%	$11.82 YoY+7.6%
EPS (basic)	$23.42 YoY+36.5%	$17.16 YoY+65.8%	$10.35 YoY+12.1%	$9.23 YoY-23.0%	$11.99 YoY+8.4%
Weighted-avg shares (basic)	63.6M YoY-4.5%	66.6M YoY-4.0%	69.3M YoY-5.2%	73.1M YoY-11.4%	82.5M YoY-3.0%
Weighted-avg shares (diluted)	64.5M YoY-5.1%	67.9M YoY-3.2%	70.1M YoY-5.0%	73.8M YoY-11.8%	83.7M YoY-2.2%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.41B YoY+21.0%	2.82B YoY+0.2%	2.81B YoY+10.8%	2.54B YoY+12.1%	2.26B YoY-31.0%
Cash & equivalents	138M YoY+9.4%	126M YoY+5.5%	119M YoY+16.2%	103M YoY-10.8%	115M YoY-90.6%
Cash & short-term investments	42.0M YoY+0.0%	42.0M YoY+0.0%	42.0M YoY+0.0%	42.0M YoY+0.0%	42.0M YoY+0.0%
Accounts receivable	2.60B YoY+19.5%	2.18B YoY-2.7%	2.24B YoY+10.9%	2.02B YoY+15.5%	1.75B YoY+1.0%
Other current assets	436M YoY+49.4%	292M YoY+23.2%	237M YoY+19.4%	198M YoY+1.8%	195M YoY+41.1%
	15.5B YoY+7.3%	14.5B YoY+3.6%	14.0B YoY+3.5%	13.5B YoY+3.1%	13.1B YoY-2.8%
Property, plant & equipment	7.01B YoY+6.6%	6.57B YoY+7.3%	6.12B YoY+3.5%	5.92B YoY+0.8%	5.87B YoY+9.3%
Operating lease right-of-use	374M YoY-10.6%	419M YoY-3.5%	434M YoY-4.6%	455M YoY+23.7%	367M YoY+9.2%
Goodwill	3.99B YoY+1.5%	3.93B YoY+0.0%	3.93B YoY+0.6%	3.91B YoY-1.3%	3.96B YoY+2.1%
Intangible assets	75.9M YoY-0.5%	76.3M YoY-1.0%	77.0M YoY-1.4%	78.1M YoY-3.6%	81.0M YoY-1.9%
Deferred tax assets	70.5M YoY-40.5%	118M YoY+38.3%	85.6M YoY+25.2%	68.4M YoY+49.6%	45.7M YoY+101.5%
Other non-current assets	5.11B YoY+0.6%	5.08B YoY+1.0%	5.03B YoY-0.1%	5.04B YoY+1.7%	4.96B YoY+2.8%
Total non-current assets	3.01B YoY+0.0%	3.01B YoY+0.0%	3.01B YoY+0.0%	3.01B YoY+0.0%	3.01B YoY+0.0%
	3.24B YoY+46.6%	2.21B YoY+9.8%	2.01B YoY+5.2%	1.91B YoY-3.5%	1.98B YoY-20.0%
Accounts payable	750M YoY+18.7%	632M YoY+2.9%	614M YoY-3.6%	637M YoY-3.4%	659M YoY+15.5%
Accrued liabilities	1.38B YoY+0.0%	1.38B YoY+0.0%	1.38B YoY+0.0%	1.38B YoY+0.0%	1.38B YoY+0.0%
Short-term & current debt	748M YoY+1767.6%	40.1M YoY-68.4%	127M YoY+55.5%	81.4M YoY+68.2%	48.4M YoY-85.4%
Current lease liability	73.2M YoY-1.9%	74.6M YoY+4.3%	71.6M YoY+5.6%	67.8M YoY+5.1%	64.5M YoY+7.8%
Other current liabilities	268M YoY+0.0%	268M YoY+0.0%	268M YoY+0.0%	268M YoY+0.0%	268M YoY+0.0%
Long-term debt	4.00B YoY-10.3%	4.46B YoY-6.7%	4.79B YoY+1.3%	4.73B YoY+14.1%	4.14B YoY+17.5%
Non-current lease liability	341M YoY-9.4%	376M YoY-1.7%	383M YoY-3.3%	396M YoY+29.8%	305M YoY+9.5%
Deferred tax liabilities	5.65M	0.00	0.00	0.00	0.00 YoY-100.0%
Other non-current liabilities	528M YoY-19.5%	656M YoY+12.3%	584M YoY+19.8%	488M YoY+4.9%	465M YoY+1.4%
	7.28B YoY+9.1%	6.67B YoY+8.4%	6.15B YoY+3.9%	5.92B YoY-2.8%	6.09B YoY-3.6%
Retained earnings	7.99B YoY+8.4%	7.37B YoY+8.4%	6.80B YoY+4.1%	6.53B YoY-1.1%	6.60B YoY-2.1%
Accumulated other comprehensive income	47.8M YoY+563.6%	7.20M YoY-22.5%	9.29M YoY+196.1%	-9.67M YoY-131.9%	30.3M YoY-37.1%
Non-controlling interest	63.0M YoY-24.4%	83.3M YoY+74.6%	47.7M YoY+6.6%	44.8M YoY-56.7%	103M YoY+21.9%
Total equity incl. non-controlling	7.34B YoY+8.7%	6.75B YoY+8.9%	6.20B YoY+3.9%	5.97B YoY-3.7%	6.19B YoY-3.3%
Total liabilities & equity	15.5B YoY+7.3%	14.5B YoY+3.6%	14.0B YoY+3.5%	13.5B YoY+3.1%	13.1B YoY-2.8%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.86B YoY-9.8%	2.07B YoY+63.0%	1.27B YoY+27.3%	996M YoY+12.7%	884M YoY-62.6%
Depreciation & amortization	619M YoY+5.8%	585M YoY+3.0%	568M YoY-2.4%	582M YoY+9.1%	533M YoY+4.5%
Share-based compensation	95.7M YoY-3.7%	99.3M YoY+13.3%	87.7M YoY+2.7%	85.4M YoY+15.9%	73.7M YoY+11.9%
Deferred income taxes	50.7M YoY+251.6%	-33.5M YoY-86.3%	-18.0M YoY-2.3%	-17.6M YoY+40.6%	-29.5M YoY-9.4%
Change in receivables	318M YoY+572.1%	-67.4M YoY-136.9%	182M YoY-29.4%	258M YoY+2811.5%	8.87M YoY-93.9%
	-1.07B YoY-17.5%	-911M YoY-19.4%	-763M YoY-17.9%	-647M YoY+29.2%	-914M YoY-13.9%
Capital expenditure	1.02B YoY+7.6%	944M YoY+27.0%	743M YoY+1.2%	734M YoY-14.2%	856M YoY+17.0%
Acquisitions	47.8M YoY+151.6%	19.0M YoY+409.6%	3.73M YoY-81.6%	20.3M YoY-80.7%	105M YoY+102.7%
	-750M YoY+34.5%	-1.14B YoY-131.8%	-494M YoY-55.1%	-318M YoY+70.2%	-1.07B YoY-177.8%
Long-term debt repaid	43.5M YoY-98.4%	2.64B YoY+2988.4%	85.5M YoY-4.3%	89.4M YoY-97.1%	3.04B YoY+215.6%
Common stock issued	16.7M YoY+11.0%	15.1M YoY+10.4%	13.7M YoY-2.9%	14.1M YoY+5.2%	13.4M YoY+8.6%
Common stock repurchased	968M YoY+44.3%	671M YoY+22.5%	547M YoY-34.3%	833M YoY-31.8%	1.22B YoY+490.6%
Dividends paid	51.3M YoY-3.9%	53.3M YoY-3.8%	55.5M YoY-5.1%	58.4M YoY-11.3%	65.9M YoY+279.9%
Net change in cash	46.6M YoY+352.9%	10.3M YoY-24.6%	13.6M YoY-37.8%	21.9M YoY+102.0%	-1.10B YoY-193.8%
Interest paid	156M YoY-7.3%	168M YoY-16.1%	200M YoY+66.8%	120M YoY+58.9%	75.6M YoY-32.9%
Income taxes paid	471M YoY+44.7%	325M YoY+26.2%	258M YoY+2.8%	251M YoY-30.9%	363M YoY+26.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: UHS's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all UHS filings on SEC EDGAR → Not investment advice.

UHS▼ financial statements

About this data

financial statements