Buyback yield (TTM)
8.31%
Shareholder yield (TTM)
8.78%
5Y share count change
-24.7%
Buyback spend (TTM)
$908.41M
Cumulative buybacks
$7.97B
Key takeaways
- Universal Health Services (UHS) repurchased about $908.41M of stock over the trailing twelve months.
- Diluted share count is down 24.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 12.53× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +36.2% per year over the latest 5-year window.
- TTM repurchases used about 108% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Universal Health Services (UHS)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Universal Health Services (UHS)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Universal Health Services (UHS)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Universal Health Services (UHS)
Latest: $967.95M
Overview
2025's annual buyback spend for Universal Health Services (UHS) came in at $967.95M – surged 44.3% year-over-year.
Over 2020–2025 (5 years), Universal Health Services buyback spend expanded at a +36.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
Between 2021 and 2025, Universal Health Services buyback spend declined 20.7%, falling from $1.22B to $967.95M.
The record annual buyback spend stands at $1.22B, reached in 2021; the historical low of $0.00 was recorded in 1991.
Universal Health Services Buyback Spend 2025: $967.95M
Universal Health Services posted buyback spend of $967.95M in 2025, surged 44.3% from 2024.
Universal Health Services Buyback Spend 2024: $670.75M
In 2024, Universal Health Services reported buyback spend of $670.75M, grew 22.5% from 2023.
Universal Health Services Buyback Spend 2023: $547.36M
Universal Health Services buyback spend in 2023 was $547.36M, plunged 34.3% below 2022.
Universal Health Services Buyback Spend 2022: $832.92M
2022's buyback spend for Universal Health Services came in at $832.92M, plunged 31.8% below 2021.
Universal Health Services Buyback Spend 2021: $1.22B
Universal Health Services buyback spend in 2021 was $1.22B.
See more financial history for Universal Health Services (UHS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $967.95M | $95.69M | $872.26M | 6.98% | 0.06B | -5.1% | |
| 2024 | $670.75M | $99.35M | $571.40M | 5.70% | 0.07B | -3.2% | |
| 2023 | $547.36M | $87.72M | $459.64M | 5.30% | 0.07B | -5.0% | |
| 2022 | $832.92M | $85.38M | $747.54M | 8.31% | 0.07B | -11.8% | |
| 2021 | $1.22B | $73.69M | $1.15B | 11.95% | 0.08B | -2.2% | |
| 2020 | $206.72M | $65.84M | $140.88M | 1.77% | 0.09B | -3.9% | |
| 2019 | $770.50M | $69.43M | $701.07M | 6.16% | 0.09B | -5.0% | |
| 2018 | $397.43M | $66.58M | $330.84M | 3.70% | 0.09B | -2.7% | |
| 2017 | $364.40M | $56.74M | $307.66M | 3.40% | 0.10B | -2.1% | |
| 2016 | $353.38M | $48.11M | $305.27M | 3.42% | 0.10B | -2.3% | |
| 2015 | $209.78M | $39.97M | $169.81M | 1.78% | 0.10B | +0.1% | |
| 2014 | $100.75M | $31.09M | $69.66M | 0.92% | 0.10B | +1.2% | |
| 2013 | $27.20M | $27.78M | −$582.00K | 0.34% | 0.10B | +1.7% | |
| 2012 | $19.15M | $22.52M | −$3.36M | 0.41% | 0.10B | -0.8% | |
| 2011 | $60.48M | $18.23M | $42.26M | 1.61% | 0.10B | +0.6% | |
| 2010 | $11.53M | $16.80M | −$5.27M | 0.27% | 0.10B | -0.3% | |
| 2009 | $63.29M | $13.10M | $50.19M | 2.15% | 0.10B | -3.1% | |
| 2008 | $149.40M | $0.00 | $149.40M | 8.08% | 0.10B | -5.3% | |
| 2007 | $74.09M | $0.00 | $74.09M | 2.82% | 0.11B | -7.5% | |
| 2006 | $350.37M | $0.00 | $350.37M | 11.82% | 0.12B | -7.6% | |
| 2005 | $249.06M | $0.00 | $249.06M | 9.91% | 0.13B | -3.4% | |
| 2004 | $23.53M | $0.00 | $23.53M | 0.92% | 0.13B | -0.3% | |
| 2003 | $54.32M | $0.00 | $54.32M | 1.76% | 0.13B | -3.0% | |
| 2002 | $76.61M | $0.00 | $76.61M | 2.92% | 0.13B | -0.2% | |
| 2001 | $7.73M | $0.00 | $7.73M | 0.30% | 0.13B | +3.7% | |
| 2000 | $35.98M | $0.00 | $35.98M | — | 0.13B | +1.3% | |
| 1999 | $71.20M | $0.00 | $71.20M | — | 0.13B | -3.9% | |
| 1998 | $24.90M | $0.00 | $24.90M | — | 0.13B | +0.4% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.13B | +7.9% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.12B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $13.10M | $0.00 | $13.10M | — | — | — | |
| 1993 | $3.20M | $0.00 | $3.20M | — | — | — | |
| 1992 | $2.90M | $0.00 | $2.90M | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $5.10M | $0.00 | $5.10M | — | — | — | |
| 1989 | $5.70M | $0.00 | $5.70M | — | — | — |
- 2025$967.95M
- 2024$670.75M
- 2023$547.36M
- 2022$832.92M
- 2021$1.22B
- 2020$206.72M
- 2019$770.50M
- 2018$397.43M
- 2017$364.40M
- 2016$353.38M
- 2015$209.78M
- 2014$100.75M
- 2013$27.20M
- 2012$19.15M
- 2011$60.48M
- 2010$11.53M
- 2009$63.29M
- 2008$149.40M
- 2007$74.09M
- 2006$350.37M
- 2005$249.06M
- 2004$23.53M
- 2003$54.32M
- 2002$76.61M
- 2001$7.73M
- 2000$35.98M
- 1999$71.20M
- 1998$24.90M
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$13.10M
- 1993$3.20M
- 1992$2.90M
- 1991$0.00
- 1990$5.10M
- 1989$5.70M
Buybacks vs stock-based compensation for Universal Health Services (UHS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 12.53×.
Buybacks vs dividends (share of cash returned) for Universal Health Services (UHS)
How Universal Health Services splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Universal Health Services, ranked by their latest buyback spend.
| $5.95B | |
| $5.54B | |
| $5.08B | |
| $4.11B | |
| $980.00M | |
| $216.35M | |
| $0.00 | |
| $0.00 |
- $5.95B
- $5.54B
- $5.08B
- $4.11B
- $980.00M
- $216.35M
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $843.31M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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