Filing Flows › Universal Health Services (UHS) › Q1 2025
Universal Health Services (UHS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Universal Health Services (UHS) reported revenue of $4.1B for the first quarter 2025 (Q1 2025), +7% from a year earlier and -0.3% from the quarter before. Operating margin was 11.1%, net earnings $317M (7.7% of revenue).
Universal Health Services, Q1 2025: revenue $4.1B (+7% year over year), operating margin 11.1%, net earnings $317M, operating cash flow $360M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | -0.3% | +7% |
| Operating profit | $455M | -4% | +17% |
| Net earnings | $317M | -5% | +21% |
| Operating cash flow | $360M | -45% | -9% |
| Free cash flow | $121M | -71% | -36% |
What changed
Revenue was $4.1B in Q1 2025, up 7% year over year and roughly flat from the previous quarter. Managed Care was the largest line at 29% of revenue. Managed Care added $0.08B year over year (up 7%), 32% of the total change. Other Non Patient Revenue declined 15%.
Operating profit was $0.45B, a 11.1% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, above the 10% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $0.32B, up 21% year over year. The effective tax rate was 23.5%.
Operating cash flow was $0.36B (down 9% year over year), 112% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.24B left free cash flow of $0.12B.
Questions
What was Universal Health Services' revenue in the first quarter 2025?
Universal Health Services (UHS) reported revenue of $4.1B for the first quarter 2025 (Q1 2025), +7% from a year earlier and -0.3% from the quarter before.
Was Universal Health Services profitable in the first quarter 2025?
Operating profit was $455M (11.1% of revenue) and net earnings $317M.