Universal Health Services (UHS) Gross Margin (2009 - 2026)
Universal Health Services (UHS) reported Gross Margin of 71.44% for Q1 2026, down 1874.0% on a YoY basis from 4.03% in Q1 2025, and down 49.85% quarter-over-quarter from 142.44% in Q4 2025.
Universal Health Services (UHS) Gross Margin (2009 - 2026) Analysis & Trends
Universal Health Services has reported Gross Margin for 18 years, with the latest figure at 71.44% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1874.0% year-over-year to 71.44%; the trailing twelve-month figure through Mar 2026 stood at 93.84% (up 1237.0% YoY), and the FY2025 full-year result was 90.45%, up 1767.0% from the prior year.
- Gross Margin for Q1 2026 stood at 71.44%, down from 142.44% in the prior quarter.
- The five-year high for Gross Margin was 142.44% in Q4 2025, with the low at 71.2% in Q3 2025.
- Historically, Gross Margin has averaged 82.16% across 5 years, with a median of 73.89% in 2022.
- The largest YoY upside for Gross Margin was 7023 bps in 2025 against a maximum downside of 1895 bps in 2025.
- Universal Health Services' Gross Margin stood at 73.32% in 2022, then decreased by 0 bps to 73.03% in 2023, then dropped by 1 bps to 72.22% in 2024, then soared by 97 bps to 142.44% in 2025, then plunged by 50 bps to 71.44% in 2026.
- The last three Gross Margin figures came in at 71.44% (Q1 2026), 142.44% (Q4 2025), and 71.2% (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 | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 29.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 71.44% |
| Dec 31, 2025 | 142.44% |
| Sep 30, 2025 | 71.20% |
| Jun 30, 2025 | 90.22% |
| Mar 31, 2025 | 90.17% |
| Dec 31, 2024 | 72.22% |
| Sep 30, 2024 | 90.15% |
| 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 | 74.65% |
| Dec 31, 2022 | 73.32% |
| Sep 30, 2022 | 89.02% |
| Jun 30, 2022 | 73.89% |
| Mar 31, 2022 | 75.07% |
| Dec 31, 2021 | 39.46% |
| Sep 30, 2021 | 88.34% |
| Jun 30, 2021 | 75.93% |