Universal Health Services Inc (UHS)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,142,097 | 1,026,078 | 934,353 | 816,514 | 717,795 | 676,237 | 691,883 | 684,468 | 675,017 | 738,871 | 774,191 | 934,656 | 989,531 | 1,058,571 | 1,081,105 | 1,007,847 | 940,972 | 877,820 | 734,278 | 720,837 |
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 |
ROA | 7.89% | 7.15% | 6.64% | 5.81% | 5.00% | 4.87% | 5.04% | 5.05% | 5.00% | 5.52% | 5.82% | 7.11% | 7.56% | 8.24% | 8.44% | 7.70% | 6.98% | 6.75% | 6.04% | 6.20% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,142,097K ÷ $14,469,700K
= 7.89%
Universal Health Services Inc's return on assets (ROA) has been relatively stable over the past few years, ranging from 5% to 8%. The company's ROA increased from 6.20% as of March 31, 2020, to a peak of 8.44% as of June 30, 2021, before declining slightly to 7.56% as of December 31, 2021.
Subsequently, the ROA displayed a decreasing trend, dropping to 5.00% by December 31, 2022. However, there was a slight improvement in the ROA to 5.81% as of March 31, 2024, and a further increase to 7.89% by December 31, 2024.
Overall, despite some fluctuations, Universal Health Services Inc's ROA seems to be trending positively in recent periods, indicating its ability to generate profits relative to its total assets. Investors and stakeholders may view this trend favorably as it suggests efficiency in the company's asset utilization. It is essential for the company to sustain or improve its ROA over time to demonstrate continued profitability and effective management of its asset base.
Peer comparison
Dec 31, 2024