Universal Health Services UHS
NYSE UHS
$169.05 +1.56 (+0.93%)
As of: Sep 3, 2026 · 3:59 PM EDT

Universal Health Services (UHS) Operating Margin (2009 - 2026)

Universal Health Services' (UHS) quarterly Operating Margin came in at 11.19% in Q1 2026, up 9.0% YoY from 10.26% in Q1 2025, and down 2.98% on a QoQ basis from 11.53% in Q4 2025.

Analysis

Universal Health Services (UHS) Operating Margin (2009 - 2026) Analysis & Trends

Universal Health Services (UHS) has 18 years of Operating Margin data on file, last reported at 11.19% in Q1 2026.

  • Quarterly Operating Margin rose 9.0% year-over-year to 11.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.5% (up 63.0% YoY) and the FY2025 annual result came in at 11.48%, up 86.0% from the prior year.
  • Operating Margin retreated to 11.19% in Q1 2026, from 11.53% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 11.68% in Q2 2025 to a low of 7.02% in Q2 2022.
  • A 5-year average of 9.55% and a median of 9.69% in 2024 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin tumbled 670 bps — and 2024, when it surged 327 bps.
  • Tracing UHS's Operating Margin over 5 years: stood at 7.58% in 2022, then advanced by 18 bps to 8.94% in 2023, then advanced by 28 bps to 11.49% in 2024, then gained by 0 bps to 11.53% in 2025, then retreated by 3 bps to 11.19% in 2026.
  • The last three Operating Margin figures came in at 11.19% (Q1 2026), 11.53% (Q4 2025), and 11.61% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 HCA Healthcare 90.36 Bn 89.35 Bn 15.19 Bn -12.60%
2 Tenet Healthcare 22.02 Bn 19.85 Bn 4.45 Bn 26.67%
3 Encompass Health 12.13 Bn 11.99 Bn 1.34 Bn 2.10%
4 Davita 11.78 Bn 11.09 Bn 1.16 Bn 16.29%
5 Universal Health Services 10.09 Bn 9.95 Bn 3.29 Bn 11.14%
6 Ensign 9.97 Bn 9.65 Bn 306.24 Mn 8.50%
7 Chemed 6.93 Bn 6.89 Bn 221.47 Mn 13.25%
8 Pacs 6.81 Bn 6.64 Bn 338.46 Mn 7.66%
9 Concentra Group Holdings Parent 4.32 Bn 4.16 Bn 192.10 Mn 18.99%
10 Option Care Health 3.74 Bn 3.55 Bn 267.25 Mn 5.90%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.14%
Mar 31, 2026 11.19%
Dec 31, 2025 11.53%
Sep 30, 2025 11.61%
Jun 30, 2025 11.68%
Mar 31, 2025 11.09%
Dec 31, 2024 11.49%
Sep 30, 2024 9.69%
Jun 30, 2024 11.17%
Mar 31, 2024 10.11%
Dec 31, 2023 8.94%
Sep 30, 2023 8.01%
Jun 30, 2023 7.90%
Mar 31, 2023 8.04%
Dec 31, 2022 7.58%
Sep 30, 2022 8.27%
Jun 30, 2022 7.02%
Mar 31, 2022 7.07%
Dec 31, 2021 9.58%
Sep 30, 2021 9.97%