Universal Health Services Inc (UHS)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,175,381 | 1,105,569 | 1,096,092 | 1,049,398 | 1,003,555 | 1,055,820 | 1,094,748 | 1,300,282 | 1,363,094 | 1,463,404 | 1,498,266 | 1,417,329 | 1,358,354 | 1,285,374 | 1,124,633 | 1,112,165 | 1,215,908 | 1,134,751 | 1,202,986 | 1,181,885 |
| Total assets | US$ in thousands | 13,967,600 | 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 | 12,975,800 | 12,148,500 | 11,620,400 | 11,668,200 | 11,594,400 | 11,752,600 | 11,721,300 |
| Operating ROA | 8.42% | 7.97% | 7.98% | 7.74% | 7.44% | 7.89% | 8.23% | 9.89% | 10.41% | 11.39% | 11.69% | 10.82% | 10.08% | 9.91% | 9.26% | 9.57% | 10.42% | 9.79% | 10.24% | 10.08% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,175,381K ÷ $13,967,600K
= 8.42%
Universal Health Services, Inc.'s operating return on assets (operating ROA) has shown a generally stable trend over the past eight quarters. From Q1 2022 to Q4 2023, the operating ROA ranged from 7.44% to 8.42%. The trend indicates that the company has been effectively generating operating income relative to its total assets, with the highest operating ROA recorded in Q4 2023. However, there was a slight decline in Q1 2023 compared to the previous quarter. This suggests that the company may have faced challenges in maintaining or increasing its operating efficiency during that period. Overall, Universal Health Services, Inc.'s operating ROA performance demonstrates consistent profitability from its operational activities in recent quarters.
Peer comparison
Dec 31, 2023