Business Description

Universal Health Services, Inc. (UHS) is an American healthcare management company that owns and operates acute care hospitals, behavioral health facilities, and ambulatory centers. Headquartered in King of Prussia, Pennsylvania, the company operates hundreds of facilities across the United States, Puerto Rico, and the United Kingdom. UHS is distinctive for its dual focus on general medical-surgical care and specialized behavioral health, making it one of the largest providers of psychiatric services in the U.S.

Everything on Universal Health Services, Inc.

Revenue (FY2025) $17.36B
YoY growth +9.7%
Operating margin 11.5%
Direction Expanding
Gross margin 11.5%
Net margin 8.7%

Earnings Transcripts

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Leadership & board

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Universal Health Services, acquires Psychiatric Solutions, Inc. — Behavioral Health · 2010 View full deal ↗ Universal Health Services, acquires Ascend Health Corporation — Behavioral Health · 2012 View full deal ↗ Universal Health Services, acquires Cambian Group PLC (Adult Services Division) — Behavioral Health (UK) · 2016 View full deal ↗ Universal Health Services, acquires Foundations Recovery Network, LLC — Behavioral Health · 2015 View full deal ↗ Universal Health Services, acquires Prominence Health Plan — Acute Care / Insurance · 2014 View full deal ↗ Universal Health Services, acquires Psychiatric Institute of Washington (PIW) — Behavioral Health · 2014 View full deal ↗ Universal Health Services, acquires Cygnet Health Care Limited — Behavioral Health (UK) · 2014 View full deal ↗ Universal Health Services, acquires Alpha Hospitals Holdings Limited — Behavioral Health (UK) · 2015 View full deal ↗ Universal Health Services, acquires The Danshell Group — Behavioral Health (UK) · 2018 View full deal ↗

Share Repurchase Program

Total authorized
$1.5 billion increase authorized by the Board in October 2025 (on top of the $824.4 million available as of January 1, 2025)
Remaining (FY2025)
$1.425 billion (aggregate available authorization as of December 31, 2025)
Latest FY repurchased
~$899 million

Customer Concentration

No single customer is disclosed as >=10% of revenue, but government payors are concentrated: in 2025 Medicaid accounted for ~15% of consolidated patient revenue, Managed Medicaid ~14%, Managed Care (HMOs/PPOs) ~28%, Managed Medicare ~12%, and Medicare ~11%.

Recent SEC Filings

2026-05-22 Shareholder vote results View filing ↗
2026-05-21 Leadership change (directors/officers) View filing ↗
2026-04-28 Reported quarterly results View filing ↗
2026-04-24 Entered a material agreement (+1 more) View filing ↗
2026-03-30 Leadership change (directors/officers) View filing ↗
2026-03-09 Other event View filing ↗
2026-02-26 Reported quarterly results (+1 more) View filing ↗
2025-12-31 Leadership change (directors/officers) View filing ↗
2025-10-28 Reported quarterly results View filing ↗
2025-09-29 Other event View filing ↗
2025-07-29 Reported quarterly results View filing ↗
2025-05-15 Shareholder vote results View filing ↗

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