Universal Health Services ( (UHS) ) has released its Q4 earnings. Here is a breakdown of the information Universal Health Services presented to its investors.
Universal Health Services, Inc. (UHS) is a leading provider of hospital and healthcare services, operating a network of acute care hospitals, behavioral health facilities, and outpatient centers across the United States, the United Kingdom, and Puerto Rico. The company is headquartered in King of Prussia, Pennsylvania.
In its latest earnings report, Universal Health Services reported a significant increase in net income for the fourth quarter and full year of 2024. The company saw net revenues rise by 11.1% in the fourth quarter compared to the previous year, and full-year revenues increased by 10.8%. These results reflect the company’s strong operational performance and strategic growth initiatives.
Key financial highlights include a fourth-quarter net income of $332.4 million, or $4.96 per diluted share, up from $216.4 million, or $3.16 per diluted share, in the same period of 2023. For the full year, net income reached $1.142 billion, or $16.82 per diluted share, compared to $717.8 million, or $10.23 per diluted share, in 2023. The company’s EBITDA net of NCI also showed robust growth, with a 30% increase for the fourth quarter and a 31% increase for the full year.
Universal Health Services also reported improvements in its acute care and behavioral health segments, with increased adjusted admissions and patient days contributing to higher net revenues. The company repurchased approximately 2.98 million shares in 2024, reflecting confidence in its financial health and future prospects.
Looking ahead, Universal Health Services forecasts continued revenue growth in 2025, with expected net revenues between $17.020 billion and $17.364 billion. The company anticipates further improvements in EBITDA and earnings per share, driven by ongoing operational efficiencies and strategic investments. Management remains optimistic about the future, despite potential challenges in the healthcare sector.