Universal Health Services Inc (UHS)
Total 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 |
| Total assets | US$ in thousands | 14,469,700 | 14,353,800 | 14,071,400 | 14,046,100 | 14,356,800 | 13,873,500 | 13,732,300 | 13,556,000 | 13,494,200 | 13,378,900 | 13,296,100 | 13,144,400 | 13,093,500 | 12,846,900 | 12,812,600 | 13,096,300 | 13,476,900 | 13,009,800 | 12,148,500 | 11,620,400 |
| Total asset turnover | 1.09 | 1.07 | 1.07 | 1.04 | 0.99 | 1.01 | 1.00 | 1.00 | 0.99 | 0.99 | 0.98 | 0.98 | 0.97 | 0.97 | 0.95 | 0.90 | 0.86 | 0.87 | 0.93 | 0.98 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $15,827,930K ÷ $14,469,700K
= 1.09
The total asset turnover of Universal Health Services Inc has shown a generally increasing trend from March 31, 2020, to December 31, 2024. The ratio, which measures how efficiently the company generates revenue from its assets, started at 0.98 in March 2020, decreased slightly to 0.86 by December 2020, and then steadily increased to reach its peak at 1.09 by December 31, 2024.
The rising trend indicates that the company has been effectively utilizing its assets to generate revenue over the years. A total asset turnover ratio above 1 signifies that the company is generating more revenue per dollar of assets, which is a positive indicator of operational efficiency. However, it is essential to assess the trend in conjunction with other financial metrics and external factors to gain a comprehensive understanding of Universal Health Services Inc's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024