Universal Health Services (UHS) Operating Leases (2019 - 2026)
Universal Health Services (UHS) reported Operating Leases of $339.47 million for Q2 2026, down 3.5% from $351.93 million a year earlier and down 1.5% from the prior quarter.
Universal Health Services (UHS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Universal Health Services posted Operating Leases of $340.72 million, down 9.4% from FY2024.
- Operating Leases has declined for three consecutive years, though with a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- By year, Operating Leases came in at $376.24 million in FY2024 (-1.7%), $382.56 million in FY2023 (-3.3%), $395.52 million in FY2022 (+29.8%) and $304.62 million in FY2021 (+9.5%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q2 2022.
- Year over year, Operating Leases has now declined in each of the last 12 quarters, with an average decline of 5.1% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2022 (growth of 56.6%); the low point was Q4 2025 (a decline of 9.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $344.56 million (Q1 2026), $340.72 million (Q4 2025) and $346.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | Universal Health Services | 9.17 Bn | 8.74 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 339.47 Mn |
| Mar 31, 2026 | 344.56 Mn |
| Dec 31, 2025 | 340.72 Mn |
| Sep 30, 2025 | 346.47 Mn |
| Jun 30, 2025 | 351.93 Mn |
| Mar 31, 2025 | 368.52 Mn |
| Dec 31, 2024 | 376.24 Mn |
| Sep 30, 2024 | 377.64 Mn |
| Jun 30, 2024 | 379.58 Mn |
| Mar 31, 2024 | 374.38 Mn |
| Dec 31, 2023 | 382.56 Mn |
| Sep 30, 2023 | 388.55 Mn |
| Jun 30, 2023 | 387.71 Mn |
| Mar 31, 2023 | 396.49 Mn |
| Dec 31, 2022 | 395.52 Mn |
| Sep 30, 2022 | 392.58 Mn |
| Jun 30, 2022 | 300.20 Mn |
| Mar 31, 2022 | 305.64 Mn |
| Dec 31, 2021 | 304.62 Mn |
| Sep 30, 2021 | 250.75 Mn |
Universal Health Services Operating Leases 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-leases&ticker=UHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=UHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();