Universal Health Services, Inc. (UHS)

Universal Health Services Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,462	1,489	1,142	717.8	675.61	991.59
Depreciation & Amortization	660.94	618.74	584.83	568.04	581.86	533.21
Loss (Gain) From Sale of Assets	-1.18	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	-93.29	-	-	-	-
Stock-Based Compensation	96.88	95.69	99.35	87.72	85.38	73.69
Other Operating Activities	22.68	22.39	24.17	1.51	-18.63	12.87
Change in Accounts Receivable	-140.21	-317.99	67.36	-182.44	-258.34	-8.87
Change in Income Taxes	55.59	-21.44	12.65	-43.45	-29.51	-54.03
Change in Other Net Operating Assets	-6.99	63.53	146.57	124.87	-98.48	-673.99
Operating Cash Flow	2,056	1,864	2,067	1,268	996.02	883.7
Operating Cash Flow Growth	5.55%	-9.81%	63.05%	27.29%	12.71%	-62.56%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-940.95	-1,015	-943.81	-743.06	-734	-855.66
Sale of Property, Plant & Equipment	30.77	15.86	38.56	24.19	12	25.43
Cash Acquisitions	-1,003	-47.8	-19	-3.73	-20.31	-105.42
Sale (Purchase) of Intangibles	-21.55	-24.7	-	-	-	19.73
Investment in Securities	53.24	53.24	-	-	-	-
Other Investing Activities	13.48	-52.07	13.14	-40.68	95.01	1.46
Investing Cash Flow	-1,868	-1,071	-911.11	-763.28	-647.3	-914.47

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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)	1,032	242.03	-429.75	99.62	615.95	217.11
Issuance of Common Stock	17.55	16.73	15.07	13.65	14.07	13.37
Repurchase of Common Stock	-1,082	-967.95	-670.75	-547.36	-832.92	-1,221
Common Dividends Paid	-48.92	-51.27	-53.35	-55.48	-58.45	-65.9
Other Financing Activities	-20.94	10.73	-6.09	-4.38	-57.06	-12.66
Financing Cash Flow	-101.79	-749.73	-1,145	-493.95	-318.4	-1,069

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.51	2.52	-0.83	3.06	-8.42	-0.5
Net Cash Flow	85.98	46.57	10.28	13.63	21.9	-1,100

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	1,115	849.25	1,123	524.74	262.02	28.04
Free Cash Flow Growth	15.18%	-24.40%	114.06%	100.27%	834.59%	-98.28%
Free Cash Flow Margin	6.08%	4.89%	7.10%	3.67%	1.96%	0.22%
Free Cash Flow Per Share	18.29	13.17	16.54	7.48	3.55	0.34
Levered Free Cash Flow	745.05	565.25	956.54	310.62	124.84	281.23
Unlevered Free Cash Flow	855.53	663.54	1,074	439.8	204.14	333.52

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	163.37	156.04	168.27	200.45	120.14	75.61
Cash Income Tax Paid	405.14	470.87	325.43	257.9	250.76	362.98
Change in Working Capital	-91.61	-275.89	226.57	-101.02	-386.33	-736.89

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

Data Sources Report a data error