Is the business good?
How good a business is UHS?
Universal Health Services earns 13% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
13%
Return on invested capital · cost of capital 9.0% · 4.3 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Medical Care Facilities median 8.9% · 12 months to Q2 2026
- Cash conversion
- 0.55×
Cash conversion · 0.71× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −7.8%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 12% |
| FY2021 | 11% |
| FY2022 | 7.5% |
| FY2023 | 8.2% |
| FY2024 | 11% |
| FY2025 | 11% |
Details›
- Operating margin12 months to Q2 2026
- 11%
- Net margin12 months to Q2 2026
- 8.4%
- Free cash flow margin
- 4.7%
- Revenue, trailing twelve months
- $18.1B
- Free cash flow, trailing twelve months
- $845M
- Net income, trailing twelve months
- $1.53B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 13%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Medical Care Facilities
Ranks #5 of 28 by Smart Score