TTM
71.3%
YoY change
+0.48pp
Trough year (1989)
13.4%
Peak year (2014)
90.6%
Latest annual
90.4%
Gross Margin history chart for Universal Health Services (UHS) from 1985 to 2025
Latest: 90.4%
Gross Margin change chart for Universal Health Services (UHS) from 1985 to 2025
Latest: +0.48pp
Gross Margin history table for Universal Health Services (UHS) from 1985 to 2025
| 2025 | 90.4% | +0.48pp | ||
| 2024 | 90.0% | +0.70pp | ||
| 2023 | 89.3% | +0.27pp | ||
| 2022 | 89.0% | +0.29pp | ||
| 2021 | 88.7% | -0.14pp | ||
| 2020 | 88.9% | -0.15pp | ||
| 2019 | 89.0% | -0.15pp | ||
| 2018 | 89.2% | -0.23pp | ||
| 2017 | 89.4% | -0.06pp | ||
| 2016 | 89.4% | +0.21pp | ||
| 2015 | 89.2% | -1.40pp | ||
| 2014 | 90.6% | +0.75pp | ||
| 2013 | 89.9% | +1.37pp | ||
| 2012 | 88.5% | +9.12pp | ||
| 2011 | 79.4% | +4.27pp | ||
| 2010 | 75.1% | +30.94pp | ||
| 2009 | 44.2% | +0.49pp | ||
| 2008 | 43.7% | -40.85pp | ||
| 2007 | 84.5% | -0.79pp | ||
| 2006 | 85.3% | +39.11pp | ||
| 2005 | 46.2% | +3.48pp | ||
| 2004 | 42.8% | -26.36pp | ||
| 2003 | 69.1% | +6.32pp | ||
| 2002 | 62.8% | -13.69pp | ||
| 2001 | 76.5% | +12.90pp | ||
| 2000 | 63.6% | -13.16pp | ||
| 1999 | 76.7% | +0.11pp | ||
| 1998 | 76.6% | +16.47pp | ||
| 1997 | 60.2% | +0.08pp | ||
| 1996 | 60.1% | -1.15pp | ||
| 1995 | 61.2% | -0.66pp | ||
| 1994 | 61.9% | +46.45pp | ||
| 1993 | 15.4% | -3.06pp | ||
| 1992 | 18.5% | +2.94pp | ||
| 1991 | 15.6% | +1.35pp | ||
| 1990 | 14.2% | +0.81pp | ||
| 1989 | 13.4% | -1.47pp | ||
| 1988 | 14.9% | -30.89pp | ||
| 1987 | 45.8% | +0.82pp | ||
| 1986 | 44.9% | +1.45pp | ||
| 1985 | 43.5% | — |
- 202590.4%+0.48pp
- 202490.0%+0.70pp
- 202389.3%+0.27pp
- 202289.0%+0.29pp
- 202188.7%-0.14pp
- 202088.9%-0.15pp
- 201989.0%-0.15pp
- 201889.2%-0.23pp
- 201789.4%-0.06pp
- 201689.4%+0.21pp
- 201589.2%-1.40pp
- 201490.6%+0.75pp
- 201389.9%+1.37pp
- 201288.5%+9.12pp
- 201179.4%+4.27pp
- 201075.1%+30.94pp
- 200944.2%+0.49pp
- 200843.7%-40.85pp
- 200784.5%-0.79pp
- 200685.3%+39.11pp
- 200546.2%+3.48pp
- 200442.8%-26.36pp
- 200369.1%+6.32pp
- 200262.8%-13.69pp
- 200176.5%+12.90pp
- 200063.6%-13.16pp
- 199976.7%+0.11pp
- 199876.6%+16.47pp
- 199760.2%+0.08pp
- 199660.1%-1.15pp
- 199561.2%-0.66pp
- 199461.9%+46.45pp
- 199315.4%-3.06pp
- 199218.5%+2.94pp
- 199115.6%+1.35pp
- 199014.2%+0.81pp
- 198913.4%-1.47pp
- 198814.9%-30.89pp
- 198745.8%+0.82pp
- 198644.9%+1.45pp
- 198543.5%—
Gross Margin values are taken from Universal Health Services's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Universal Health Services (UHS)
According to Universal Health Services's latest reported financial statements, the company's latest reported gross margin is 71.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Universal Health Services (UHS) most recent annual gross margin stands at 90.45% (2025) – expanded 0.5 percentage points year-over-year.
The record annual gross margin stands at 90.63%, reached in 2014; the historical low of 13.40% was recorded in 1989.
Universal Health Services Gross Margin by Year
Universal Health Services Gross Margin 2025: 90.4%
In 2025, Universal Health Services reported gross margin of 90.45%, expanded 0.5 percentage points from 2024.
Universal Health Services Gross Margin 2024: 90.0%
Universal Health Services gross margin in 2024 was 89.97%, expanded 0.7 percentage points from 2023.
Universal Health Services Gross Margin 2023: 89.3%
2023's gross margin for Universal Health Services came in at 89.27%, expanded 0.3 percentage points from 2022.
Universal Health Services Gross Margin 2022: 89.0%
Universal Health Services posted gross margin of 89.00% in 2022, expanded 0.3 percentage points from 2021.
Universal Health Services Gross Margin 2021: 88.7%
Universal Health Services gross margin in 2021 was 88.71%.
See more financial history for Universal Health Services (UHS).
Sector peers by Gross Margin
Healthcare peers of Universal Health Services (UHS), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
Frequently asked questions
Universal Health Services (UHS) Key Financials
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