Operating Income for Universal Health Services (UHS)
According to Universal Health Services's latest reported financial statements, the company's current operating income (TTM) is $1.99B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.99B
YoY change
+18.6%
5Y CAGR
+8.0%
Peak year (2025)
$1.99B
Cumulative operating income
$24.21B
Operating Income history chart for Universal Health Services (UHS) from 1985 to 2025
Operating Income history table for Universal Health Services (UHS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.99B | +18.6% | ||
| 2024 | $1.68B | +43.1% | ||
| 2023 | $1.18B | +17.1% | ||
| 2022 | $1.00B | -26.4% | ||
| 2021 | $1.36B | +0.3% | ||
| 2020 | $1.36B | +11.7% | ||
| 2019 | $1.22B | +3.5% | ||
| 2018 | $1.18B | -8.2% | ||
| 2017 | $1.28B | -0.1% | ||
| 2016 | $1.28B | +1.7% | ||
| 2015 | $1.26B | +18.4% | ||
| 2014 | $1.06B | +4.7% | ||
| 2013 | $1.02B | +7.7% | ||
| 2012 | $942.58M | +5.1% | ||
| 2011 | $897.13M | +77.4% | ||
| 2010 | $505.71M | -2.8% | ||
| 2009 | $520.53M | +26.9% | ||
| 2008 | $410.22M | +10.8% | ||
| 2007 | $370.25M | +15.1% | ||
| 2006 | $321.73M | +2.4% | ||
| 2005 | $314.04M | +1.1% | ||
| 2004 | $310.60M | -62.9% | ||
| 2003 | $836.65M | +153.9% | ||
| 2002 | $329.51M | +26.5% | ||
| 2001 | $260.45M | +31.9% | ||
| 2000 | $197.48M | +22.4% | ||
| 1999 | $161.30M | +1.3% | ||
| 1998 | $159.30M | +26.8% | ||
| 1997 | $125.60M | +20.4% | ||
| 1996 | $104.30M | +37.6% | ||
| 1995 | $75.80M | +42.5% | ||
| 1994 | $53.20M | +21.7% | ||
| 1993 | $43.70M | -16.4% | ||
| 1992 | $52.30M | +37.6% | ||
| 1991 | $38.00M | -6.4% | ||
| 1990 | $40.60M | +4.1% | ||
| 1989 | $39.00M | -9.3% | ||
| 1988 | $43.00M | -24.7% | ||
| 1987 | $57.10M | -14.5% | ||
| 1986 | $66.80M | -1.6% | ||
| 1985 | $67.90M | — |
Operating Income values are taken from Universal Health Services's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Universal Health Services (UHS) operating income totalled $1.99B – grew 18.6% year-over-year.
Across 2020–2025 (5 years), Universal Health Services operating income produced a CAGR of +8.0% – sustaining 3 straight years of year-over-year growth.
$1.99B stands as the all-time-high annual operating income, posted in 2025, against a low of $38.00M during 1991.
Within Healthcare, Universal Health Services (UHS) ranks 9th among 8 peers we track. The peer median for operating income is $22.84B.
Universal Health Services Operating Income by Year
Universal Health Services Operating Income 2025: $1.99B
Universal Health Services operating income in 2025 was $1.99B, grew 18.6% from 2024. This figure represents the highest annual value in the available history.
Universal Health Services Operating Income 2024: $1.68B
Universal Health Services operating income in 2024 was $1.68B, surged 43.1% from 2023.
Universal Health Services Operating Income 2023: $1.18B
Universal Health Services operating income in 2023 was $1.18B, grew 17.1% from 2022.
Universal Health Services Operating Income 2022: $1.00B
Universal Health Services operating income in 2022 was $1.00B, declined 26.4% below 2021.
Universal Health Services Operating Income 2021: $1.36B
Universal Health Services operating income in 2021 was $1.36B.
See more financial history for Universal Health Services (UHS).
Sector peers — Operating Income
Companies in the same sector as Universal Health Services, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $127.66B | Healthcare |
| Eli Lilly and Company (LLY) | $29.70B | Healthcare |
| Merck & Co., Inc. (MRK) | $26.78B | Healthcare |
| Johnson & Johnson (JNJ) | $25.60B | Healthcare |
| AbbVie Inc. (ABBV) | $20.09B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $18.96B | Healthcare |
| AstraZeneca PLC (AZN) | $13.74B | Healthcare |
| Amgen Inc. (AMGN) | $10.68B | Healthcare |
Frequently asked questions
What is Universal Health Services's operating income?
- Latest reported operating income for Universal Health Services (UHS) is $1.99B (period ending December 31, 2025).
How has Universal Health Services operating income changed year-over-year?
- Universal Health Services (UHS) operating income changed +18.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Universal Health Services operating income?
- Universal Health Services (UHS) operating income compound annual growth rate is +8.0% over the most recent 5 years available.
When did Universal Health Services operating income hit its highest annual value?
- Universal Health Services operating income reached its highest annual value of $1.99B in 2025.
What was Universal Health Services operating income in 2024?
- Universal Health Services (UHS) operating income in 2024 was $1.68B.
What was Universal Health Services operating income in 2025?
- Universal Health Services (UHS) operating income in 2025 was $1.99B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
UHS Overview
Company profile, financial tools, and key metrics
UHS Revenue Counter
Earns $550.64 every second. See per minute, hour, and day.
UHS Earnings Counter
Earns $47.21 per second net profit. See per minute, hour, and day.
UHS Economic Scale
Exceeds North Macedonia's GDP. Compare with world economies.
UHS What If Invested
What if you had invested $1,000? See historical returns from any date.
UHS How It Makes Money
Discover visual breakdown of $17.36B in revenue — where it comes from and where it goes.
UHS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
UHS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
UHS Daily Price Character
Balanced · 45.6% historical win rate (green days). Streaks & record days.
UHS Buybacks
6.98% TTM buyback yield. Shareholder yield & SBC comparison.
UHS Stock Split History
4 splits on record. Dates, ratios, and cumulative multiple.
UHS Dividend Profile
Yield: 0.48%. Safety: 6/8. See full history.
UHS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
UHS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.