Universal Health Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,365	15,828	14,282	13,399	12,642
Revenue Growth (YoY)	9.71%	10.82%	6.59%	5.99%	9.37%
Cost of Revenue	9,744	9,106	8,640	8,237	7,591
Gross Profit	7,621	6,721	5,642	5,163	5,051
Selling, General & Admin	148.23	146.43	141.03	131.63	118.86
Other Operating Expenses	4,860	4,308	3,757	3,388	3,005
Operating Expenses	5,627	5,040	4,466	4,102	3,657
Operating Income	1,994	1,682	1,175	1,061	1,394
Interest Expense	-157.26	-187.53	-206.67	-126.89	-83.67
Interest & Investment Income	2.59	3.33	1.9	1.8	1.7
Earnings From Equity Investments	1	1.1	0.9	1.2	6.2
Other Non Operating Income (Expenses)	131.79	-0.77	-31.08	-13.41	5.99
EBT Excluding Unusual Items	1,972	1,498	940.43	923.81	1,325
Asset Writedown	-	-	-	-57.55	-14.39
Other Unusual Items	-	-	-	-	-16.83
Pretax Income	1,972	1,498	940.43	866.26	1,293
Income Tax Expense	460.96	334.83	221.12	209.28	305.68
Earnings From Continuing Operations	1,511	1,163	719.31	656.98	987.63
Minority Interest in Earnings	-22.39	-21.01	-1.51	18.63	3.96
Net Income	1,489	1,142	717.8	675.61	991.59
Preferred Dividends & Other Adjustments	-	0.05	0.31	0.75	2.06
Net Income to Common	1,489	1,142	717.49	674.86	989.53
Net Income Growth	30.36%	59.11%	6.24%	-31.87%	5.05%
Shares Outstanding (Basic)	64	67	69	73	83
Shares Outstanding (Diluted)	64	68	70	74	84
Shares Change (YoY)	-5.06%	-3.18%	-5.02%	-11.78%	-2.21%
EPS (Basic)	23.42	17.16	10.35	9.23	11.99
EPS (Diluted)	23.10	16.82	10.23	9.14	11.82
EPS Growth	37.34%	64.42%	11.93%	-22.67%	7.55%
Free Cash Flow	849.25	1,123	524.74	262.02	28.04
Free Cash Flow Per Share	13.17	16.54	7.48	3.55	0.34
Dividend Per Share	0.800	0.800	0.800	0.800	0.800
Dividend Growth	-	-	-	-	300.00%
Gross Margin	43.89%	42.47%	39.50%	38.53%	39.95%
Operating Margin	11.48%	10.63%	8.23%	7.92%	11.03%
Profit Margin	8.57%	7.22%	5.02%	5.04%	7.83%
Free Cash Flow Margin	4.89%	7.10%	3.67%	1.96%	0.22%
EBITDA	2,613	2,267	1,743	1,643	1,928
EBITDA Margin	15.05%	14.32%	12.21%	12.26%	15.25%
D&A For EBITDA	618.74	584.83	568.04	581.86	533.21
EBIT	1,994	1,682	1,175	1,061	1,394
EBIT Margin	11.48%	10.63%	8.23%	7.92%	11.03%
Effective Tax Rate	23.37%	22.35%	23.51%	24.16%	23.64%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.