Universal Health Services (UHS) Operating Expenses (2009 - 2026)
Universal Health Services (UHS) posted Operating Expenses of $4.0 billion for Q1 2026, up 0.59% quarter-over-quarter from $4.0 billion in Q4 2025, and up 9.53% year-on-year from $3.6 billion in Q1 2025.
Universal Health Services (UHS) Operating Expenses (2009 - 2026) Analysis & Trends
Universal Health Services (UHS) has reported Operating Expenses for 18 consecutive years, with $4.0 billion the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $4.0 billion, up 9.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.7 billion (up 9.64% YoY), and the FY2025 annual result was $15.4 billion, up 8.66% from the prior year.
- Operating Expenses was $4.0 billion for Q1 2026 at Universal Health Services, up from $4.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $4.0 billion in Q1 2026 and troughed at $3.1 billion in Q1 2022.
- Average Operating Expenses over 5 years is $3.5 billion, with a median of $3.5 billion recorded in 2024.
- Year-over-year, Operating Expenses increased 12.61% in 2022 and gained 4.21% in 2023.
- Over 5 years, Operating Expenses stood at $3.2 billion in 2022, then advanced by 5.86% to $3.4 billion in 2023, then gained by 7.97% to $3.6 billion in 2024, then increased by 9.0% to $4.0 billion in 2025, then increased by 0.59% to $4.0 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.0 billion in Q1 2026, $4.0 billion in Q4 2025, and $4.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 572.94 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 27.00 Mn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 2.93 Bn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 1.29 Bn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 1.26 Bn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 3.99 Bn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 1.30 Bn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -25.79 Mn |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | 511.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.99 Bn |
| Dec 31, 2025 | 3.97 Bn |
| Sep 30, 2025 | 3.97 Bn |
| Jun 30, 2025 | 3.78 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Dec 31, 2024 | 3.64 Bn |
| Sep 30, 2024 | 3.58 Bn |
| Jun 30, 2024 | 3.47 Bn |
| Mar 31, 2024 | 3.45 Bn |
| Dec 31, 2023 | 3.37 Bn |
| Sep 30, 2023 | 3.28 Bn |
| Jun 30, 2023 | 3.27 Bn |
| Mar 31, 2023 | 3.19 Bn |
| Dec 31, 2022 | 3.19 Bn |
| Sep 30, 2022 | 3.06 Bn |
| Jun 30, 2022 | 3.09 Bn |
| Mar 31, 2022 | 3.06 Bn |
| Dec 31, 2021 | 2.96 Bn |
| Sep 30, 2021 | 2.84 Bn |
| Jun 30, 2021 | 2.76 Bn |