Universal Health Services (UHS) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the prior quarter. It also rose relative to the same quarter last year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the prior quarter. It also rose relative to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $3.5B | +5.3% |
| Jun 30, 2023 | $3.5B | +6.8% |
| Sep 30, 2023 | $3.6B | +6.8% |
| Dec 31, 2023 | $3.7B | +7.4% |
Revenue performance
The reported revenue direction was upward, reflecting a continuation of the positive trend observed throughout the fiscal year.
Quarterly comparison
Sequentially, revenue improved from the immediately preceding quarter. On a year-over-year basis, revenue was higher than the same quarter one year earlier.
What to watch
The filing context does not provide specific causes for the revenue changes, so no additional factors are identified.