Universal Health Services Cash Flow 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
Net Income	1,489	1,142	717.8	675.61	991.59
Depreciation & Amortization	618.74	584.83	568.04	581.86	533.21
Loss (Gain) From Sale of Assets	7.97	-9.92	-6.25	0.58	-5.17
Asset Writedown & Restructuring Costs	-	-	-	57.55	14.39
Loss (Gain) From Sale of Investments	-93.29	-	-	-	-
Stock-Based Compensation	95.69	99.35	87.72	85.38	73.69
Other Operating Activities	22.39	24.17	1.51	-18.63	12.87
Change in Accounts Receivable	-317.99	67.36	-182.44	-258.34	-8.87
Change in Income Taxes	-21.44	12.65	-43.45	-29.51	-54.03
Change in Other Net Operating Assets	63.53	146.57	124.87	-98.48	-673.99
Operating Cash Flow	1,864	2,067	1,268	996.02	883.7
Operating Cash Flow Growth	-9.81%	63.05%	27.29%	12.71%	-62.56%
Capital Expenditures	-1,015	-943.81	-743.06	-734	-855.66
Sale of Property, Plant & Equipment	15.86	38.56	24.19	12	25.43
Cash Acquisitions	-47.8	-19	-3.73	-20.31	-105.42
Sale (Purchase) of Intangibles	-24.7	-	-	-	19.73
Investment in Securities	53.24	-	-	-	-
Other Investing Activities	-52.07	13.14	-40.68	95.01	1.46
Investing Cash Flow	-1,071	-911.11	-763.28	-647.3	-914.47
Long-Term Debt Issued	285.54	2,210	185.1	705.32	3,255
Long-Term Debt Repaid	-43.5	-2,640	-85.48	-89.37	-3,038
Net Debt Issued (Repaid)	242.03	-429.75	99.62	615.95	217.11
Issuance of Common Stock	16.73	15.07	13.65	14.07	13.37
Repurchase of Common Stock	-967.95	-670.75	-547.36	-832.92	-1,221
Common Dividends Paid	-51.27	-53.35	-55.48	-58.45	-65.9
Other Financing Activities	10.73	-6.09	-4.38	-57.06	-12.66
Financing Cash Flow	-749.73	-1,145	-493.95	-318.4	-1,069
Foreign Exchange Rate Adjustments	2.52	-0.83	3.06	-8.42	-0.5
Net Cash Flow	46.57	10.28	13.63	21.9	-1,100
Free Cash Flow	849.25	1,123	524.74	262.02	28.04
Free Cash Flow Growth	-24.40%	114.06%	100.27%	834.59%	-98.28%
Free Cash Flow Margin	4.89%	7.10%	3.67%	1.96%	0.22%
Free Cash Flow Per Share	13.17	16.54	7.48	3.55	0.34
Cash Interest Paid	156.04	168.27	200.45	120.14	75.61
Cash Income Tax Paid	470.87	325.43	257.9	250.76	362.98
Levered Free Cash Flow	565.25	956.54	310.62	124.84	281.23
Unlevered Free Cash Flow	663.54	1,074	439.8	204.14	333.52
Change in Working Capital	-275.89	226.57	-101.02	-386.33	-736.89

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