Universal Health Services (UHS) revenue breakdown
By segment, Acute Care Hospital Services is the largest at 57% of fiscal 2025 revenue, growing 8% a year over 9 years.
By product, Managed Care (HMO and PPOs) is the largest at 28% of fiscal 2025 revenue; UK Revenue grew fastest, 17% a year over 9 years.
Revenue by segment
Fiscal years, as Universal Health Services reports them in its 10-K filings; fiscal 2025 total $17.4B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Acute Care Hospital Services | $5.1B | $5.5B | $5.7B | $6.2B | $6.3B | $7.1B | $7.6B | $8.1B | $8.9B | $9.9B | 57% |
| Behavioral Health Services | $4.6B | $4.9B | $5.0B | $5.2B | $5.2B | $5.5B | $5.7B | $6.2B | $6.9B | $7.4B | 43% |
| Other | $8M | $18M | $13M | $4M | $13M | $30M | $23M | $10M | $11M | $13M | 0% |
Revenue by product
Fiscal years, as Universal Health Services reports them in its 10-K filings; fiscal 2025 total $17.4B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Managed Care (HMO and PPOs) | $3.3B | $3.4B | $3.5B | $3.6B | $3.4B | $4.0B | $4.0B | $4.2B | $4.5B | $4.9B | 28% |
| Medicaid | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.3B | $1.5B | $1.5B | $2.3B | $2.7B | 15% |
| Managed Medicaid | $1.2B | $1.4B | $1.5B | $1.7B | $1.7B | $1.9B | $2.2B | $2.3B | $2.3B | $2.5B | 14% |
| Managed Medicare | $680M | $791M | $929M | $1.0B | $1.1B | $1.4B | $1.6B | $1.7B | $1.9B | $2.1B | 12% |
| Medicare | $1.7B | $1.8B | $1.9B | $1.9B | $1.7B | $1.7B | $1.6B | $1.6B | $1.7B | $1.9B | 11% |
| Other Patient Revenue and Adjustments, Net | $741M | $718M | $651M | $697M | $745M | $843M | $746M | $981M | $1.1B | $1.2B | 7% |
| Other Non-patient Revenue | $704M | $700M | $608M | $670M | $1.1B | $898M | $1.1B | $1.2B | $1.2B | $1.1B | 6% |
| UK Revenue | $241M | $427M | $505M | $554M | $584M | $688M | $685M | $761M | $880M | $1.0B | 6% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for UHS.
Open UHS in InvestinglyQuestions
Where does Universal Health Services make its money?
In fiscal 2025, by segment: Acute Care Hospital Services $9.9B, Behavioral Health Services $7.4B, Other $13M.
From Universal Health Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.