Universal Health Services (UHS) Operating Income (2009 - 2026)
Universal Health Services' Operating Income came in at $454.45 million for Q3 2026, down 12.9% from $521.69 million a year earlier and down 12.0% from the prior quarter.
Universal Health Services (UHS) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Universal Health Services reported Operating Income of $1.99 billion, up 2.2% year-over-year; for FY2025, it came in at $1.99 billion, up 18.6% from FY2024.
- Operating Income has increased in each of the last three years, with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Going back by year, Operating Income was $1.68 billion in FY2024 (+43.1%), $1.18 billion in FY2023 (+17.1%), $1 billion in FY2022 (-26.4%) and $1.36 billion in FY2021 (+0.3%).
- The Q3 2026 figure represents the lowest quarterly Operating Income since Q3 2024.
- Year-over-year, Operating Income increased in seven of the last eight quarters, with growth averaging 15.1%.
- The fastest year-over-year change in Operating Income over five years came in Q2 2024 (growth of 55.8%), and the weakest in Q2 2022 (a decline of 46.8%).
- Business Quant data shows UHS's Operating Income at $516.68 million (Q2 2026), $502.86 million (Q1 2026) and $517.23 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.21 Bn | 104.31 Bn | - | - |
| 2 | Natera | 46.23 Bn | 41.85 Bn | 513.47 Mn | -68.32 Mn |
| 3 | Labcorp Holdings | 29.99 Bn | 28.08 Bn | 1.11 Bn | 402.10 Mn |
| 4 | Quest Diagnostics | 28.29 Bn | 26.06 Bn | 1.04 Bn | 479.00 Mn |
| 5 | Tenet Healthcare | 23.33 Bn | 12.64 Bn | - | 1.75 Bn |
| 6 | Guardant Health | 21.19 Bn | 16.81 Bn | 236.15 Mn | -132.77 Mn |
| 7 | Tempus AI | 14.89 Bn | 12.04 Bn | 266.70 Mn | -56.86 Mn |
| 8 | BrightSpring Health Services | 14.05 Bn | 11.80 Bn | 518.55 Mn | 160.48 Mn |
| 9 | Encompass Health | 13.67 Bn | 13.30 Bn | - | - |
| 10 | Universal Health Services | 11.80 Bn | 11.29 Bn | - | 516.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 516.68 Mn |
| Mar 31, 2026 | 502.86 Mn |
| Dec 31, 2025 | 517.23 Mn |
| Sep 30, 2025 | 521.69 Mn |
| Jun 30, 2025 | 500.27 Mn |
| Mar 31, 2025 | 454.83 Mn |
| Dec 31, 2024 | 472.49 Mn |
| Sep 30, 2024 | 384.17 Mn |
| Jun 30, 2024 | 436.40 Mn |
| Mar 31, 2024 | 388.76 Mn |
| Dec 31, 2023 | 331.20 Mn |
| Sep 30, 2023 | 285.36 Mn |
| Jun 30, 2023 | 280.13 Mn |
| Mar 31, 2023 | 278.70 Mn |
| Dec 31, 2022 | 261.38 Mn |
| Sep 30, 2022 | 275.88 Mn |
| Jun 30, 2022 | 233.43 Mn |
| Mar 31, 2022 | 232.86 Mn |
| Dec 31, 2021 | 313.65 Mn |
| Sep 30, 2021 | 314.81 Mn |
Universal Health Services Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=UHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "UHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=UHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();