Universal Health Services (UHS) Revenue — Quarter Ended Mar 31, 2024
Revenue increased for the current reporting period. The rise was supported by growth compared to both the immediately preceding quarter and the same period one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased for the current reporting period. The rise was supported by growth compared to both the immediately preceding quarter and the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+3.8%
Change from the immediately preceding quarter.
Year-over-year
+10.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Jun 30, 2023 | $3.5B | +6.8% |
| Sep 30, 2023 | $3.6B | +6.8% |
| Dec 31, 2023 | $3.7B | +7.4% |
| Mar 31, 2024 | $3.8B | +10.8% |
Revenue performance
The reported revenue direction is upward, extending a pattern of sequential increases seen in recent periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. The increase relative to the same period one year earlier was even more substantial.
What to watch
The year-over-year revenue growth rate has accelerated over the past several reporting periods, a trend that may continue to develop.