Universal Health Services (UHS) Gross Margin (2009 - 2026)
Universal Health Services' (UHS) quarterly Gross Margin came in at 71.44% in Q1 2026, down 1874.0% YoY from 4.03% in Q1 2025, and up 271.76% on a QoQ basis from 19.22% in Q4 2025.
Universal Health Services (UHS) Gross Margin (2009 - 2026) Analysis & Trends
Universal Health Services (UHS) has 18 years of Gross Margin data on file, last reported at 71.44% in Q1 2026.
- Quarterly Gross Margin fell 1874.0% year-over-year to 71.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 67.67% (down 945.0% YoY) and the FY2025 annual result came in at 72.01%, down 77.0% from the prior year.
- Gross Margin grew to 71.44% in Q1 2026, from 19.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 130.51% in Q4 2022 to a low of 19.22% in Q4 2025.
- A 5-year average of 78.41% and a median of 73.89% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 9105 bps — and 2023, when it plunged 5748 bps.
- Tracing UHS's Gross Margin over 5 years: stood at 130.51% in 2022, then sank by 44 bps to 73.03% in 2023, then dropped by 1 bps to 72.22% in 2024, then tumbled by 73 bps to 19.22% in 2025, then soared by 272 bps to 71.44% in 2026.
- The last three Gross Margin figures came in at 71.44% (Q1 2026), 19.22% (Q4 2025), and 90.78% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 75.07% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 79.14% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 84.04% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 32.70% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 21.26% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 70.85% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 23.70% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 32.90% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 31.70% |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | 18.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.85% |
| Mar 31, 2026 | 71.44% |
| Dec 31, 2025 | 19.22% |
| Sep 30, 2025 | 90.78% |
| Jun 30, 2025 | 90.22% |
| Mar 31, 2025 | 90.17% |
| Dec 31, 2024 | 72.22% |
| Sep 30, 2024 | 72.49% |
| Jun 30, 2024 | 73.31% |
| Mar 31, 2024 | 89.50% |
| Dec 31, 2023 | 73.03% |
| Sep 30, 2023 | 73.58% |
| Jun 30, 2023 | 73.55% |
| Mar 31, 2023 | 89.04% |
| Dec 31, 2022 | 130.51% |
| Sep 30, 2022 | 74.90% |
| Jun 30, 2022 | 73.89% |
| Mar 31, 2022 | 75.07% |
| Dec 31, 2021 | 39.46% |
| Sep 30, 2021 | 88.34% |