Universal Health Services Inc (UHS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 717,795 | 675,609 | 991,590 | 943,953 | 814,854 |
| Revenue | US$ in thousands | 14,075,300 | 13,272,500 | 12,558,400 | 11,452,600 | 11,215,500 |
| Net profit margin | 5.10% | 5.09% | 7.90% | 8.24% | 7.27% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $717,795K ÷ $14,075,300K
= 5.10%
The net profit margin of Universal Health Services, Inc. has demonstrated a slight fluctuation over the past five years. Starting at 7.14% in 2019, the net profit margin increased to 8.14% in 2020 before experiencing a slight decline to 7.83% in 2021. Subsequently, there was a further decrease to 5.04% in 2022 followed by another drop to 5.02% in 2023. This indicates a general trend of decreasing profitability efficiency over the period analyzed. It may be beneficial for stakeholders to further investigate the factors contributing to these fluctuations in net profit margin to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2023