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Sep 30, 2024

UHS Q3 2024 Earnings Report

Reported net income attributable to UHS was $258.7 million, or $3.80 per diluted share.

Key Takeaways

Universal Health Services, Inc. reported strong Q3 2024 results, with net revenues increasing by 11.2% to $3.963 billion and net income attributable to UHS reaching $258.7 million, or $3.80 per diluted share, compared to $167.0 million, or $2.40 per diluted share, in Q3 2023. Adjusted net income was $252.5 million, or $3.71 per diluted share. EBITDA net of NCI was $528.6 million, representing 13.3% of net revenues.

Net revenues increased by 11.2% to $3.963 billion compared to Q3 2023.

Net income attributable to UHS was $258.7 million, or $3.80 per diluted share.

Adjusted net income attributable to UHS was $252.5 million, or $3.71 per diluted share.

EBITDA net of NCI was $528.6 million, or 13.3% of net revenues.

Total Revenue
$3.96B
Previous year: $3.56B
+11.2%
EPS
$3.71
Previous year: $2.55
+45.5%
Average Licensed Beds
6.66K
Previous year: 6.67K
-0.1%
Average Available Beds
6.49K
Previous year: 6.5K
-0.2%
Patient Days
393.52K
Previous year: 384.35K
+2.4%
Gross Profit
$384M
Previous year: $285M
+34.6%
Cash and Equivalents
$106M
Previous year: $80.8M
+31.3%
Free Cash Flow
$81.9M
Previous year: -$38.3M
-313.6%
Total Assets
$14.4B
Previous year: $13.9B
+3.5%

UHS

UHS

UHS Revenue by Segment

Forward Guidance

UHS did not provide forward guidance in the Q3 2024 earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income