Universal Health Services Inc (UHS)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 717,795 | 676,237 | 692,062 | 684,811 | 675,609 | 739,913 | 775,450 | 936,412 | 991,590 | 1,061,174 | 1,084,102 | 1,011,007 | 943,953 | 880,421 | 736,332 | 722,723 | 814,854 | 727,753 | 802,309 | 790,041 |
| Total stockholders’ equity | US$ in thousands | 6,149,000 | 6,064,920 | 6,087,180 | 6,012,110 | 5,920,580 | 5,855,350 | 5,814,660 | 5,867,870 | 6,089,660 | 6,274,020 | 6,480,100 | 6,513,860 | 6,317,150 | 5,962,790 | 5,688,650 | 5,413,210 | 5,504,100 | 5,389,220 | 5,393,090 | 5,482,420 |
| ROE | 11.67% | 11.15% | 11.37% | 11.39% | 11.41% | 12.64% | 13.34% | 15.96% | 16.28% | 16.91% | 16.73% | 15.52% | 14.94% | 14.77% | 12.94% | 13.35% | 14.80% | 13.50% | 14.88% | 14.41% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $717,795K ÷ $6,149,000K
= 11.67%
Universal Health Services, Inc.'s return on equity (ROE) has shown a declining trend over the past eight quarters, starting at 15.93% in Q1 2022 and decreasing to 11.67% in Q4 2023. This downward trend indicates that the company's ability to generate profit from its shareholders' equity has weakened over time. Despite some fluctuations, the ROE has generally been decreasing, with the most significant drop occurring from Q2 2022 to Q1 2023. Investors and stakeholders may want to further investigate the reasons behind this declining ROE to assess the company's financial health and efficiency in utilizing its equity capital.
Peer comparison
Dec 31, 2023