Universal Health Services Inc (UHS)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,827,900 | 14,282,000 | 13,399,400 | 12,642,100 | 11,558,900 |
| Total assets | US$ in thousands | 14,469,700 | 13,967,600 | 13,494,200 | 13,093,500 | 13,476,900 |
| Total asset turnover | 1.09 | 1.02 | 0.99 | 0.97 | 0.86 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $15,827,900K ÷ $14,469,700K
= 1.09
The total asset turnover ratio of Universal Health Services Inc has shown a positive trend over the five-year period from 2020 to 2024. The ratio has increased steadily from 0.86 in December 2020 to 1.09 in December 2024. This indicates that the company has been able to generate more revenue for each dollar of assets it holds, reflecting improved efficiency in asset utilization. The increasing trend suggests that Universal Health Services Inc has managed its assets more effectively over the years, which is a positive sign for investors and indicates improved operational performance.
Peer comparison
Dec 31, 2024