Universal Health Services Inc (UHS)

Gross profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 4,725,930 4,529,210 4,433,480 4,339,510 4,264,850 4,192,900 4,191,490 4,332,480 4,315,100 6,394,370 6,338,560 6,108,421 6,012,107 5,821,417 5,738,483 5,754,172 5,781,323 5,639,573 5,571,357 5,480,123
Revenue (ttm) US$ in thousands 14,075,310 13,828,440 13,619,410 13,417,830 13,272,470 13,132,410 12,966,840 12,845,690 12,565,440 12,389,350 12,142,520 11,670,220 11,472,510 11,281,820 11,174,860 11,283,260 11,254,690 11,112,940 10,941,340 10,772,010
Gross profit margin 33.58% 32.75% 32.55% 32.34% 32.13% 31.93% 32.32% 33.73% 34.34% 51.61% 52.20% 52.34% 52.40% 51.60% 51.35% 51.00% 51.37% 50.75% 50.92% 50.87%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,725,930K ÷ $14,075,310K
= 33.58%

Based on the data provided for Universal Health Services, Inc., the gross profit margin has remained consistent at 100.00% for each quarter from Q1 2022 to Q4 2023. This indicates that the company is able to effectively control its cost of goods sold and maintain a high level of gross profit relative to its revenue in all quarters analyzed. A gross profit margin of 100.00% suggests that the company is efficient in its operations and is potentially able to generate strong profits from its primary business activities. However, further analysis of other financial metrics and trends is necessary to draw a comprehensive assessment of the company's overall financial performance and competitiveness in the industry.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Universal Health Services Inc
UHS
33.58%
HCA Holdings Inc
HCA
53.84%
Tenet Healthcare Corporation
THC
34.04%