Universal Health Services (UHS) Tax Rate (2009 - 2026)
Universal Health Services (UHS) recorded Tax Rate of 23.91% in Q2 2026, up 0.51 percentage points from 23.40% a year earlier and up 0.36 percentage points from the prior quarter.
Universal Health Services (UHS) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Universal Health Services' Tax Rate came in at 23.51% as of Jun 30, 2026, up 0.41 percentage points year-over-year; for FY2025, it was 23.37%, up 1.02 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -0.53 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.35% in FY2024 (-1.16 pp), 23.51% in FY2023 (-0.65 pp), 24.16% in FY2022 (+0.52 pp) and 23.64% in FY2021 (-0.27 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q2 2023.
- On a year-over-year basis, Tax Rate rose in six of the last eight quarters, with an average year-over-year change of +0.57 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 2.59 percentage points in Q1 2025, against a drop of 3.25 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.54% (Q1 2026), 22.98% (Q4 2025) and 23.70% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 22.61% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 22.59% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 22.01% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 3.51% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 20.49% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 7.39% |
| 10 | Universal Health Services | 9.01 Bn | 8.57 Bn | - | 23.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.91% |
| Mar 31, 2026 | 23.54% |
| Dec 31, 2025 | 22.98% |
| Sep 30, 2025 | 23.70% |
| Jun 30, 2025 | 23.40% |
| Mar 31, 2025 | 23.50% |
| Dec 31, 2024 | 23.10% |
| Sep 30, 2024 | 22.14% |
| Jun 30, 2024 | 22.95% |
| Mar 31, 2024 | 20.91% |
| Dec 31, 2023 | 21.88% |
| Sep 30, 2023 | 23.81% |
| Jun 30, 2023 | 24.65% |
| Mar 31, 2023 | 24.16% |
| Dec 31, 2022 | 23.37% |
| Sep 30, 2022 | 24.51% |
| Jun 30, 2022 | 24.29% |
| Mar 31, 2022 | 24.48% |
| Dec 31, 2021 | 23.74% |
| Sep 30, 2021 | 23.53% |
Universal Health Services Tax Rate 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=tax-rate&ticker=UHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=UHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();