Universal Health Services (UHS) 10-K Summary — Year Ended Dec 31, 2023
Universal Health Services operates acute care hospitals and behavioral health facilities. The filing reports increased revenue and positive operating cash flow for the latest annual period.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Universal Health Services operates acute care hospitals and behavioral health facilities. The filing reports increased revenue and positive operating cash flow for the latest annual period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$14.3B
Revenue reported for the fiscal year.
Operating income
$1.2B
Income from operations reported for the year.
Net income
$717.8M
Net income reported for the year.
Operating cash flow
$1.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $12.6B | n/a |
| Dec 31, 2022 | $13.4B | +6.0% |
| Dec 31, 2023 | $14.3B | +6.6% |
Business overview
The company provides healthcare services through acute care hospitals and behavioral health centers. Its operations are described in the Business overview section of the filing. The filing also addresses cybersecurity as a business consideration.
Financial performance
Revenue increased compared to the prior year, and operating income was reported. Net income and operating cash flow were also positive for the period. The trend shows revenue growth over the most recent three annual periods.
Material risks
The filing includes a dedicated Risk Factors section that outlines potential business uncertainties. Specific risks are not detailed in the supplied context beyond the section reference. Unresolved staff comments and cybersecurity are also noted as areas of attention.
Liquidity and capital
The filing includes a Management Discussion and Analysis section that addresses financial condition and results of operations. Operating cash flow was positive, but no specific capital allocation themes are elaborated in the supplied context.
What to watch
Monitor the next filing for any updates on unresolved staff comments or changes in risk factor disclosures.