Universal Health Services, Inc. (UHS) quarterly cash flow statement — complete operating, investing & financing history
Universal Health Services, Inc. (UHS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 443.3M | 401.63M | 574.69M | 380.68M | 548.98M | 360.05M | 658.44M | 332.98M | 679.28M | 396.41M | 452.43M | 161.66M | 362.95M | 290.75M | 297.3M | 220.67M | 32.61M | 445.43M | 322.02M | 442.23M |
| Operating CF Margin % | 9.56% | 8.93% | 12.81% | 8.47% | 12.82% | 8.78% | 16.01% | 8.4% | 17.38% | 10.31% | 12.22% | 4.54% | 10.23% | 8.38% | 8.63% | 6.61% | 0.98% | 13.53% | 9.83% | 14.01% |
| Operating CF Growth % | -19.25% | 11.55% | -12.72% | 14.33% | -19.18% | -9.17% | 45.53% | 105.97% | 87.16% | 36.34% | 52.18% | -26.74% | 1012.86% | -34.73% | -7.68% | -50.1% | -31.56% | 520.42% | 126.76% | -42.33% |
| Net Income | 358.45M | 358.68M | 433.5M | 379.11M | 362.61M | 321.63M | 337.05M | 258.71M | 289.15M | 261.79M | 216.31M | 166.94M | 169.3M | 162.38M | 170.37M | 176.81M | 158.78M | 151.02M | 233.91M | 219.38M |
| Depreciation & Amortization | 167.34M | 155.43M | 163.33M | 155.06M | 152M | 148.34M | 146.78M | 149.57M | 147.48M | 141M | 145.48M | 137.19M | 143.74M | 141.62M | 148.35M | 145.87M | 143.85M | 143.78M | 133.36M | 134.46M |
| Stock-Based Compensation | 0 | 22.5M | 990K | 24.88M | 24.11M | 21.59M | 26.62M | 26.57M | 0 | 19.63M | 22.02M | 22.3M | 21.7M | 20.96M | 22.64M | 21.1M | 22.59M | 19.05M | 18.14M | 18.52M |
| Deferred Taxes | 0 | 104.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.83M | 16.83M |
| Other Non-Cash Items | 28.52M | -116.84M | -49.7M | -78.2M | -61.24M | -20.7M | 278.53M | 8.96M | 31.71M | 308K | -2.65M | 814K | -38.62M | -19.23M | 647K | -32.85M | -23.55M | -28.1M | -32.8M | -17.96M |
| Working Capital Changes | -111M | -122.91M | 26.58M | -100.17M | 71.49M | -110.81M | -130.54M | -110.82M | 210.94M | -26.32M | 65.31M | -165.63M | 66.43M | -14.98M | -44.7M | -90.26M | -269.06M | 159.67M | -37.42M | 71M |
| Change in Receivables | -14.04M | -123.86M | -23.77M | -201.57M | 125.74M | -218.37M | 55.65M | -54.47M | 140.62M | -74.45M | 10.66M | -111.03M | -66.36M | -15.72M | -103.2M | -65.41M | -74.66M | -15.07M | 20.21M | 6.82M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -234.23M | -197.58M | -223.97M | -269.41M | -305.94M | -271.3M | -207.99M | -265.64M | -242.84M | -194.64M | -238.85M | -176.42M | -169.7M | -178.31M | -248.39M | -73.33M | -156.62M | -168.96M | -254.76M | -176.01M |
| Capital Expenditures | -227.63M | -217.16M | -281.22M | -247.57M | -266.01M | -239.03M | -245.94M | -247.93M | -241.39M | -208.54M | -206.39M | -200M | -167.91M | -168.75M | -164.45M | -161.59M | -207.96M | -200M | -209.84M | -162.37M |
| CapEx % of Revenue | 4.91% | 4.83% | 6.27% | 5.51% | 6.21% | 5.83% | 5.98% | 6.26% | 6.18% | 5.43% | 5.57% | 5.61% | 4.73% | 4.87% | 4.77% | 4.84% | 6.26% | 6.07% | 6.41% | 5.14% |
| Acquisitions | 1.43M | -4.86M | 12.85M | -39.36M | 264K | -8.31M | -5.47M | 1K | 41K | 5.43M | 499K | -407K | -3.73M | 9.26M | -1.64M | -6.18M | -12.48M | 100K | -66.02M | -39.39M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -17.33M | 14.74M | 47.27M | 17.51M | -40.19M | -23.7M | 43.42M | -10.88M | -1.49M | 155K | -1.11M | 23.58M | 1.94M | -9.56M | -908.58M | 94.45M | 63.83M | 10.23M | 24.01M | 0 |
| Cash from Financing | -189.49M | -221.89M | -296.13M | -134.52M | -227.65M | -91.42M | -426.76M | -89.65M | -419.52M | -208.95M | -182.32M | 17.97M | -223.71M | -105.89M | -15.37M | -178.99M | 154.01M | -278.04M | -132.93M | -274.15M |
| Debt Issued (Net) | 141.58M | -44.69M | 60.84M | 105.14M | -67.29M | 143.34M | -171.06M | 109.37M | -318.77M | -51.87M | -11.37M | 204.55M | -88.08M | -5.19M | 104.75M | 38.06M | 367.71M | 105.43M | 331.62M | 157.69M |
| Equity Issued (Net) | -315.88M | -160.07M | -347.4M | -233.42M | -150.68M | -219.73M | -245.96M | -178.96M | -91.92M | -138.84M | -158.21M | -172.34M | -121.11M | -82.05M | -105.86M | -158.2M | -196.52M | -365.5M | -450.21M | -402.58M |
| Dividends Paid | -11.79M | -12.97M | -12.37M | -12.47M | -12.9M | -13.53M | -13.04M | -13.3M | -13.4M | -13.6M | -13.52M | -13.7M | -14.05M | -14.21M | -14.26M | -14.55M | -14.77M | -14.88M | -15.61M | -16.44M |
| Share Repurchases | -320.75M | -163.85M | -352.01M | -237.4M | -155.16M | -223.38M | -250.17M | -182.6M | -95.9M | -142.08M | -162.02M | -175.58M | -124.72M | -85.04M | -109.53M | -158.2M | -199.68M | -365.5M | -450.21M | -402.58M |
| Other Financing | -3.4M | -4.16M | 2.79M | 6.22M | 3.21M | -1.5M | 3.3M | -6.76M | 4.57M | -4.64M | 782K | -537K | -476K | -4.44M | 1K | -44.3M | -2.42M | -3.09M | 1.27M | -12.81M |
| Net Change in Cash | 19.77M | -18.77M | 24.9M | -24.8M | 17.67M | -1.03M | 20.16M | -19.22M | 17.02M | -7.67M | 33.83M | 1.33M | -29.73M | 8.2M | 35.46M | -36.53M | 26.77M | -3.8M | -65.48M | -9.27M |
| Free Cash Flow | 215.67M | 184.47M | 293.47M | 133.11M | 282.96M | 121.02M | 412.49M | 85.05M | 437.89M | 187.87M | 246.04M | -38.34M | 195.04M | 122M | 132.86M | 59.08M | -175.35M | 245.43M | 112.18M | 279.86M |
| FCF Margin % | 4.65% | 4.1% | 6.54% | 2.96% | 6.61% | 2.95% | 10.03% | 2.15% | 11.21% | 4.89% | 6.64% | -1.08% | 5.5% | 3.52% | 3.85% | 1.77% | -5.28% | 7.45% | 3.43% | 8.87% |
| FCF Growth % | -23.78% | 52.43% | -28.85% | 56.52% | -35.38% | -35.58% | 67.65% | 321.84% | 124.52% | 53.99% | 85.19% | -164.89% | 211.23% | -50.29% | 18.43% | -78.89% | 6.62% | 239.26% | 379.09% | -51.23% |
| FCF per Share | 3.60 | 2.99 | 4.55 | 2.05 | 4.35 | 1.83 | 6.15 | 1.25 | 6.45 | 2.74 | 3.59 | -0.55 | 2.75 | 1.71 | 1.85 | 0.81 | -2.36 | 3.23 | 1.41 | 3.34 |
| FCF Conversion (FCF/Net Income) | 1.24x | 1.15x | 1.29x | 1.02x | 1.55x | 1.14x | 1.98x | 1.29x | 2.35x | 1.51x | 2.09x | 0.97x | 2.12x | 1.78x | 1.70x | 1.21x | 0.20x | 2.90x | 1.35x | 2.03x |
| Interest Paid | 0 | 25.12M | 0 | 25.6M | 49.73M | 27.72M | -95.9M | 48.48M | 47.79M | 48.12M | 51.2M | 51.95M | 47.02M | 50.28M | 41.14M | 35.2M | 23.41M | 20.39M | 16.89M | 15.08M |
| Taxes Paid | 0 | 8.28M | 0 | 104.18M | 246.15M | 5.64M | 88.45M | 105.48M | 128.83M | 2.67M | 66.71M | 57.35M | 131.48M | 2.36M | 68.67M | 36.64M | 141.03M | 4.42M | 76.6M | 96.4M |