Universal Health Services (Universal Health Services) ROCE % : 13.00% (As of Mar. 2024)

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What is Universal Health Services ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Universal Health Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.00%.

Universal Health Services ROCE % Historical Data

The historical data trend for Universal Health Services's ROCE % 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.

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Universal Health Services ROCE % Chart

Universal Health Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.34

12.88

12.46

8.71

9.71

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
ROCE %	Get a 7-Day Free Trial															9.07	9.32	9.25	11.19	13.00

Universal Health Services ROCE % Calculation

Universal Health Services's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	1142.637	/	( ( (13494.188 - 1914.419)	+	(13967.602 - 2013.347) )	/ 2 )
	=	1142.637	/	( (11579.769	+	11954.255)	/ 2 )
	=	1142.637	/	11767.012
	=	9.71 %

Universal Health Services's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1555.648	/	( ( (13967.602 - 2013.347)	+	(14046.132 - 2075.336) )	/ 2 )
	=	1555.648	/	( ( 11954.255	+	11970.796 )	/ 2 )
	=	1555.648	/	11962.5255
	=	13.00 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Universal Health Services (NYSE:UHS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Universal Health Services ROCE % Related Terms

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Universal Health Services (Universal Health Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Universal Health Services Inc (NYSE:UHS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UHS:Germany

Address

367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958

Website

https://www.uhs.com

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