UHS (Universal Health Services) Cyclically Adjusted FCF per Share: $9.51 (As of Mar. 2026)


UHS Universal Health Services Inc UHS
85 GF Score
Price $145.41
GF Value $228.22
Valuation Significantly Undervalued
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What is Universal Health Services Cyclically Adjusted FCF per Share?

Universal Health Services UHS -0.30% 85 Cyclically Adjusted FCF per Share is $9.51 as of Mar. 2026. GuruFocus rates UHS with a GF Score™ of 85/100 and a GF Value™ of $228.22 (Significantly Undervalued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Universal Health Services's adjusted free cash flow per share for the three months ended in Mar. 2026 was $2.917. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $9.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Universal Health Services's average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Universal Health Services was 265.90% per year. The lowest was 4.50% per year. And the median was 19.40% per year.

As of today (2026-06-24), Universal Health Services's current stock price is $145.41. Universal Health Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $9.51. Universal Health Services's Cyclically Adjusted Price-to-FCF of today is 15.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Universal Health Services was 4607.67. The lowest was 14.84. And the median was 27.95.


Universal Health Services  (NYSE:UHS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Universal Health Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=145.41/9.51
=15.29

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Universal Health Services was 4607.67. The lowest was 14.84. And the median was 27.95.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Universal Health Services Cyclically Adjusted FCF per Share Related Terms


Universal Health Services Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Universal Health Services's Cyclically Adjusted FCF per Share 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.

Universal Health Services Cyclically Adjusted FCF per Share Chart

Universal Health Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 6.32 6.61 8.20 9.50

Universal Health Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 8.29 8.56 8.80 9.50 9.51

UHS vs ENSG, EHC, PACS: Cyclically Adjusted FCF per Share Comparison

For the Medical Care Facilities subindustry, Universal Health Services's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Universal Health Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Universal Health Services's Cyclically Adjusted Price-to-FCF falls into.


UHS
85GF Score
Universal Health Services Inc UHS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Health Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Universal Health Services's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.917/330.2130*330.2130
=2.917

Current CPI (Mar. 2026) = 330.2130.

Universal Health Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 2.365 241.018 3.240
201609 0.437 241.428 0.598
201612 -4.346 241.432 -5.944
201703 3.199 243.801 4.333
201706 -0.816 244.955 -1.100
201709 1.893 246.819 2.533
201712 2.362 246.524 3.164
201803 2.021 249.554 2.674
201806 0.004 251.989 0.005
201809 1.102 252.439 1.442
201812 1.818 251.233 2.390
201903 2.773 254.202 3.602
201906 0.924 256.143 1.191
201909 3.077 256.759 3.957
201912 2.013 256.974 2.587
202003 3.656 258.115 4.677
202006 9.126 257.797 11.690
202009 6.731 260.280 8.540
202012 -0.470 260.474 -0.596
202103 -2.054 264.877 -2.561
202106 -2.193 271.696 -2.665
202109 3.103 274.310 3.735
202112 1.662 278.802 1.968
202203 3.228 287.504 3.708
202206 -2.356 296.311 -2.626
202209 0.809 296.808 0.900
202212 1.851 296.797 2.059
202303 1.707 301.836 1.867
202306 2.753 305.109 2.980
202309 -0.551 307.789 -0.591
202312 3.589 306.746 3.864
202403 2.743 312.332 2.900
202406 6.447 314.175 6.776
202409 1.249 315.301 1.308
202412 6.150 315.605 6.435
202503 1.833 319.799 1.893
202506 4.354 322.561 4.457
202509 2.091 324.800 2.126
202512 4.551 324.054 4.637
202603 2.917 330.213 2.917

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $9.51 mean?
Universal Health Services (UHS) has a Cyclically Adjusted FCF per Share of $9.51 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Universal Health Services and its competitors.
Is Universal Health Services' Cyclically Adjusted FCF per Share too high?
Universal Health Services' current Cyclically Adjusted FCF per Share is $9.51. Overall, Universal Health Services has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Health Services' Cyclically Adjusted FCF per Share compare to ENSG and EHC?
Universal Health Services' Cyclically Adjusted FCF per Share of $9.51 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Universal Health Services and its competitors. Universal Health Services's current Cyclically Adjusted FCF per Share is $9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Health Services stock overvalued right now?
Based on GuruFocus' analysis, Universal Health Services (UHS) is currently considered Significantly Undervalued. The stock's GF Value™ is $228.22, compared to a current price of $145.41 — trading 36.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $9.51. Universal Health Services' overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Universal Health Services (UHS), the current Cyclically Adjusted FCF per Share is $9.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Health Services (UHS) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Health Services stock appears to be undervalued. The current stock price of $145.41 is trading 36.3% below its estimated GF Value™ of $228.22. GuruFocus considers Universal Health Services to be Significantly Undervalued.

Key valuation signals for UHS:

  • Cyclically Adjusted FCF per Share: $9.51
  • GF Value™: $228.22 vs. price of $145.41 (36.3% below fair value)
  • GF Score™: 85/100

No single metric tells the full story. See the UHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Health Services Business Description

Address 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc offers healthcare services through its behavioral health centers, acute care hospitals, and related outpatient facilities. As of late 2025, the company operated 346 inpatient behavioral health centers, 29 acute care hospitals, and many supportive outpatient facilities. Its operations are concentrated in the U.S, particularly in Nevada (21% of 2025 operating profits), Texas (19%), and California (13%), although it does have some exposure to the UK behavioral health market (6% of 2025 sales) too. While its acute care services account for over 55% of revenue, the behavioral health centers sport higher margins and account for over 55% of pretax profits.
85GF Score

Get the complete analysis for UHS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$145.41
Price
$228.22
GF Value