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Universal Health Services (Universal Health Services) Gross Profit : $13,102 Mil (TTM As of Mar. 2024)


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What is Universal Health Services Gross Profit?

Universal Health Services's gross profit for the three months ended in Mar. 2024 was $3,440 Mil. Universal Health Services's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $13,102 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Universal Health Services's gross profit for the three months ended in Mar. 2024 was $3,440 Mil. Universal Health Services's Revenue for the three months ended in Mar. 2024 was $3,844 Mil. Therefore, Universal Health Services's Gross Margin % for the quarter that ended in Mar. 2024 was 89.50%.

Universal Health Services had a gross margin of 89.50% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Universal Health Services was 89.44%. The lowest was 88.71%. And the median was 89.12%.


Universal Health Services Gross Profit Historical Data

The historical data trend for Universal Health Services's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Universal Health Services Gross Profit Chart

Universal Health Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,126.91 10,270.77 11,214.98 11,925.03 12,749.15

Universal Health Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,087.53 3,167.84 3,184.11 3,309.67 3,440.01

Competitive Comparison of Universal Health Services's Gross Profit

For the Medical Care Facilities subindustry, Universal Health Services's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal Health Services's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Universal Health Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Universal Health Services's Gross Profit falls into.



Universal Health Services Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Universal Health Services's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=14281.976 - 1532.828
=12,749

Universal Health Services's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3843.582 - 403.573
=3,440

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13,102 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Universal Health Services's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,440 / 3843.582
=89.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Universal Health Services  (NYSE:UHS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Universal Health Services had a gross margin of 89.50% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Universal Health Services Gross Profit Related Terms

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Universal Health Services (Universal Health Services) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.
Executives
Warren J. Nimetz director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Steve Filton officer: Senior Vice President & CFO 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Marc D Miller director, officer: President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Eileen C. Mcdonnell director 600 DRESHER ROAD, HORSHAM PA 19044
Lawrence S. Gibbs director 599 LEXINGTON AVE # 20, NEW YORK NY 10022
Edward H Sim officer: Executive Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Nina Chen-langenmayr director 211 N. 13TH STREET, 4TH FLOOR, PHILADELPHIA PA 19107
Sussman Elliot J Md Mba director
Matthew Jay Peterson officer: Executive Vice President, UHS 2824 87TH TRAIL NORTH, MINNEAPOLIS MN 55443
Maria Ruderman Singer director 245 PARK AVENUE, NEW YORK NY 10167
Robert H Hotz director C/O MIKASA, 20633 S FORDYCE AVENUE, LONG BEACH CA 90810
Marvin G. Pember officer: Senior Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Debra K Osteen officer: Senior Vice President 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
John H Herrell director 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Anthony Pantaleoni director FULBRIGHT & JAWORSKI LLP, 666 FIFTH AVE, NEW YORK NY 10103