Universal Health Services Inc (UHS)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,827,930 | 15,417,760 | 15,017,500 | 14,658,040 | 14,281,980 | 14,025,410 | 13,798,670 | 13,573,940 | 13,399,380 | 13,227,650 | 13,047,620 | 12,922,090 | 12,642,120 | 12,453,810 | 12,210,350 | 11,742,220 | 11,558,900 | 11,368,210 | 11,278,120 | 11,403,540 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 6,530,980 | 6,474,330 | 5,954,140 | 6,373,110 | 6,393,610 | 6,331,510 | 6,287,390 | 6,241,750 | 5,997,090 | 5,947,130 | 5,495,600 | 5,373,120 | 5,248,840 | 5,104,550 | 5,042,290 |
| Fixed asset turnover | — | — | — | — | — | 2.15 | 2.13 | 2.28 | 2.10 | 2.07 | 2.06 | 2.06 | 2.03 | 2.08 | 2.05 | 2.14 | 2.15 | 2.17 | 2.21 | 2.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,827,930K ÷ $—K
= —
Universal Health Services Inc's fixed asset turnover ratio has been relatively stable over the period under review. The fixed asset turnover ratio measures how efficiently the company is generating revenue from its investment in fixed assets.
Based on the data provided, the fixed asset turnover ratio ranged from a high of 2.28 in March 31, 2023, to a low of 2.03 in December 31, 2021. Generally, a higher fixed asset turnover ratio indicates that the company is efficiently utilizing its fixed assets to generate sales.
In the most recent period, the fixed asset turnover ratio was 2.10 as of December 31, 2022. This suggests that for every dollar invested in fixed assets, the company generated $2.10 in sales.
Overall, the trend in Universal Health Services Inc's fixed asset turnover ratio indicates that the company has been effectively managing its fixed assets to drive revenue generation. However, it would be important to further analyze the company's industry peers and historical data to provide a more meaningful context for this ratio.
Peer comparison
Dec 31, 2024