← UNIVERSAL HEALTH SERVICES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $702.4m | $752.3m | $779.7m | $814.9m | $944.0m | $991.6m | $675.6m | $717.8m | $1.1b | $1.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | $717.5m | $1.1b | $1.5b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $747.2m | $771.3m | $797.9m | $827.5m | $952.8m | $987.6m | $657.0m | $719.3m | $1.2b | $1.5b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $44.8m | $19.0m | $18.2m | $12.7m | $8.8m | ($4.0m) | ($18.6m) | $1.5m | $21.0m | $22.4m | |
| Depreciation and amortization | $416.6m | $447.8m | $453.0m | $490.4m | $510.5m | $533.2m | $581.9m | $568.0m | $584.8m | $618.7m | |
| Depreciation | $350.8m | $388.4m | $410.0m | $455.6m | $478.8m | $501.6m | $544.0m | $535.6m | $559.6m | $594.0m | |
| Deferred Income Tax Expense (Benefit) | ($10.4m) | ($36.8m) | ($10.5m) | ($36.3m) | ($27.0m) | ($29.5m) | ($17.6m) | ($18.0m) | ($33.5m) | $50.7m | |
| Share-based Payment Arrangement, Noncash Expense | $48.1m | $56.7m | $66.6m | $69.4m | $65.8m | $73.7m | $85.4m | $87.7m | $99.3m | $95.7m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | $49.0m | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $409.2m | $363.7m | $236.6m | $238.8m | $299.3m | $305.7m | $209.3m | $221.1m | $334.8m | $461.0m | |
| Operating Lease, Expense | — | — | — | — | — | $118.9m | $131.6m | $141.0m | $146.4m | $148.2m | |
| Other Nonoperating Income (Expense) | — | — | $14.2m | $13.2m | $14k | $13.9m | ($10.4m) | ($28.3m) | $2.2m | $134.2m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $87.9m | $24.7m | $42.2m | $42.1m | $145.9m | $8.9m | $258.3m | $182.4m | ($67.4m) | $318.0m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $93.3m | |
| Goodwill | $3.8b | $3.8b | $3.8b | $3.9b | $3.9b | $4.0b | $3.9b | $3.9b | $3.9b | $4.0b | |
| Operating Expenses | $8.5b | $9.1b | $9.6b | $10.2b | $10.2b | $11.3b | $12.4b | $13.1b | $14.1b | $15.4b | |
| Payments of Financing Costs | $12.4m | $76k | $13.8m | $0 | $10.3m | $18.8m | $3.2m | $308k | $12.6m | $382k | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $93.0m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $107k | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.3b | $1.2b | $1.3b | $1.4b | $2.4b | $883.7m | $996.0m | $1.3b | $2.1b | $1.9b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $519.9m | $557.5m | $665.0m | $634.1m | $731.3m | $855.7m | $734.0m | $743.1m | $943.8m | $1.0b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $613.8m | $22.9m | $110.5m | $8.0m | $52.0m | $105.4m | $20.3m | $3.7m | $19.0m | $47.8m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.2b) | ($624.4m) | ($813.4m) | ($688.4m) | ($802.6m) | ($914.5m) | ($647.3m) | ($763.3m) | ($911.1m) | ($1.1b) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | $459.2m | $143.1m | $830.5m | $57.1m | $962.6m | $3.0b | $89.4m | $85.5m | $2.6b | $43.5m | |
| Proceeds from Issuance of Common Stock | $9.5m | $10.3m | $10.2m | $10.8m | $12.3m | $13.4m | $14.1m | $13.7m | $15.1m | $16.7m | |
| Payments for Repurchase of Common Stock | $353.4m | $364.4m | $397.4m | $770.5m | $206.7m | $1.2b | $832.9m | $547.4m | $670.8m | $968.0m | |
| Payments of Ordinary Dividends, Common Stock | $38.9m | $38.2m | $37.3m | $53.0m | $17.3m | $65.9m | $58.4m | $55.5m | $53.3m | $51.3m | |
| Proceeds from Noncontrolling Interests | — | — | — | $1.4m | $18.0m | $13.2m | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | — | ($48.5m) | $2.8m | $13.0m | $22.8m | |
| Net Cash Provided by (Used in) Financing Activities | ($125.9m) | ($519.2m) | ($492.2m) | ($845.0m) | ($384.9m) | ($1.1b) | ($318.4m) | ($493.9m) | ($1.1b) | ($749.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $32.4m | ($94.0m) | $1.2b | ($1.1b) | $21.9m | $13.6m | $10.3m | $46.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $199.7m | $105.7m | $1.3b | $178.9m | $200.8m | $214.5m | $224.8m | $271.3m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $107.1m | $135.5m | $150.3m | $157.4m | $112.6m | $75.6m | $120.1m | $200.4m | $168.3m | $156.0m | |
| Income Taxes Paid, Net | $344.6m | $370.9m | $293.8m | $260.6m | $286.2m | $363.0m | $250.8m | $257.9m | $325.4m | $470.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.