Universal Health Services (UHS) Operating Margin (2009 - 2026)
Universal Health Services posted quarterly Operating Margin of 11.19% for Q1 2026, up 9.0% year-on-year from 10.26% in Q1 2025, and down 2.98% on a QoQ basis from 11.53% in Q4 2025.
Universal Health Services (UHS) has 18 years of Operating Margin data on file, last reported at 11.19% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 9.0% year-over-year to 11.19%; the trailing twelve-month figure through Mar 2026 stood at 11.5% (up 63.0% YoY), and the FY2025 full-year result was 11.48%, up 86.0% from the prior year.
- Operating Margin for Q1 2026 stood at 11.19%, down from 11.53% in the prior quarter.
- Across five years, Operating Margin topped out at 11.68% in Q2 2025 and bottomed at 7.02% in Q2 2022.
- The 5-year median for Operating Margin is 9.69% (2024), against an average of 9.55%.
- The widest annual swing landed in 2022, when Operating Margin sank 670 bps; it then surged 327 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 7.58% in 2022, then climbed by 18 bps to 8.94% in 2023, then climbed by 28 bps to 11.49% in 2024, then advanced by 0 bps to 11.53% in 2025, then decreased 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.01% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 12.86% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.45% |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 5.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 13.73% |
| Mar 31, 2021 | 9.81% |
| Dec 31, 2020 | 13.41% |
| Sep 30, 2020 | 13,986.80% |
| Jun 30, 2020 | 13.12% |
| Mar 31, 2020 | 8.36% |
| Dec 31, 2019 | 11.77% |
| Sep 30, 2019 | 6.69% |
| Jun 30, 2019 | 12.10% |
| Mar 31, 2019 | 12.14% |
| Dec 31, 2018 | 9.43% |
| Sep 30, 2018 | 9.71% |
| Jun 30, 2018 | 12.10% |
| Mar 31, 2018 | 12.42% |
| Dec 31, 2017 | 12.82% |
| Sep 30, 2017 | 10.12% |
| Jun 30, 2017 | 12.64% |
| Mar 31, 2017 | 13.55% |
| Dec 31, 2016 | 12.69% |
| Sep 30, 2016 | 11.52% |
| Jun 30, 2016 | 13.71% |
| Mar 31, 2016 | 14.55% |
| Dec 31, 2015 | 13.90% |
| Sep 30, 2015 | 12.35% |
| Jun 30, 2015 | 14.74% |
| Mar 31, 2015 | 14.70% |
| Dec 31, 2014 | 14.81% |
| Sep 30, 2014 | 8.66% |
| Jun 30, 2014 | 14.30% |
| Mar 31, 2014 | 13.98% |
| Dec 31, 2013 | 13.47% |
| Sep 30, 2013 | 12.38% |
| Jun 30, 2013 | 16.57% |
| Mar 31, 2013 | 13.32% |
| Dec 31, 2012 | 15.55% |
| Sep 30, 2012 | 10.04% |
| Jun 30, 2012 | 13.37% |
| Mar 31, 2012 | 15.00% |
| Dec 31, 2011 | 12.56% |
| Sep 30, 2011 | 11.76% |
| Jun 30, 2011 | 13.57% |
| Mar 31, 2011 | 15.11% |
| Dec 31, 2010 | 14.67% |
| Sep 30, 2010 | 7.91% |
| Jun 30, 2010 | 9.69% |
| Mar 31, 2010 | 10.43% |
| Dec 31, 2009 | 9.21% |
| Sep 30, 2009 | 7.87% |
| Jun 30, 2009 | 12.51% |