Universal Health Services (UHS) Shares Outstanding (Diluted) (2009 - 2026)
Universal Health Services (UHS) reported Weighted Average Shares Outstanding (Diluted) of 59.91 million for Q3 2026, down 5.9% from 63.66 million a year earlier and unchanged from the prior quarter.
Universal Health Services (UHS) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Universal Health Services posted Weighted Average Shares Outstanding (Diluted) of 64.46 million, down 5.1% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined for ten consecutive years, with a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 67.9 million in FY2024 (-3.2%), 70.13 million in FY2023 (-5.0%), 73.83 million in FY2022 (-11.8%) and 83.69 million in FY2021 (-2.2%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 59.91 million in Q2 2026 and a high of 83.69 million in Q4 2021.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last 21 quarters, with an average decline of 5.4% over the last eight quarters.
- The year-over-year decline in Weighted Average Shares Outstanding (Diluted) has ranged between 2.2% (Q3 2024) and 13.1% (Q2 2022) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at 59.91 million (Q2 2026), 61.67 million (Q1 2026) and 64.46 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.21 Bn | 104.31 Bn | - | 217.21 Mn |
| 2 | Natera | 46.23 Bn | 41.85 Bn | 513.47 Mn | 144.07 Mn |
| 3 | Labcorp Holdings | 29.99 Bn | 28.08 Bn | 1.11 Bn | 82.00 Mn |
| 4 | Quest Diagnostics | 28.29 Bn | 26.06 Bn | 1.04 Bn | 112.00 Mn |
| 5 | Tenet Healthcare | 23.33 Bn | 12.64 Bn | - | 80.60 Mn |
| 6 | Guardant Health | 21.19 Bn | 16.81 Bn | 236.15 Mn | 134.42 Mn |
| 7 | Tempus AI | 14.89 Bn | 12.04 Bn | 266.70 Mn | 181.31 Mn |
| 8 | BrightSpring Health Services | 14.05 Bn | 11.80 Bn | 518.55 Mn | 220.23 Mn |
| 9 | Encompass Health | 13.67 Bn | 13.30 Bn | - | 99.70 Mn |
| 10 | Universal Health Services | 11.80 Bn | 11.29 Bn | - | 59.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.91 Mn |
| Mar 31, 2026 | 61.67 Mn |
| Dec 31, 2025 | 64.46 Mn |
| Sep 30, 2025 | 63.66 Mn |
| Jun 30, 2025 | 64.99 Mn |
| Mar 31, 2025 | 66.04 Mn |
| Dec 31, 2024 | 67.90 Mn |
| Sep 30, 2024 | 68.11 Mn |
| Jun 30, 2024 | 67.92 Mn |
| Mar 31, 2024 | 68.48 Mn |
| Dec 31, 2023 | 70.13 Mn |
| Sep 30, 2023 | 69.62 Mn |
| Jun 30, 2023 | 70.84 Mn |
| Mar 31, 2023 | 71.49 Mn |
| Dec 31, 2022 | 73.83 Mn |
| Sep 30, 2022 | 73.06 Mn |
| Jun 30, 2022 | 74.44 Mn |
| Mar 31, 2022 | 76.04 Mn |
| Dec 31, 2021 | 83.69 Mn |
| Sep 30, 2021 | 83.67 Mn |
Universal Health Services Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=UHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=UHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();