Universal Health Services Inc (UHS)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,725,920 | 4,264,850 | 4,300,900 | 4,040,890 | 3,787,260 |
| Revenue | US$ in thousands | 14,075,300 | 13,272,500 | 12,558,400 | 11,452,600 | 11,215,500 |
| Gross profit margin | 33.58% | 32.13% | 34.25% | 35.28% | 33.77% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,725,920K ÷ $14,075,300K
= 33.58%
Based on the data provided, Universal Health Services, Inc. has consistently achieved a gross profit margin of 100.00% over the past five years, indicating that the company has effectively managed its cost of goods sold relative to its revenue. A gross profit margin of 100.00% signifies that the company is able to generate revenue sufficient to cover all direct costs associated with producing goods or services, resulting in a full recovery of production costs. This high level of profitability suggests strong operational efficiency and pricing strategy, which may contribute to the company's overall financial stability and performance.
Peer comparison
Dec 31, 2023