Universal Health Services (UHS) FY2021 results: revenue $12.6 billion, up 9.4% on the year
Universal Health Services Inc. (UHS) reported revenue of $12.6 billion for fiscal 2021, the year ended 31 December 2021, up 9.4% on the year before. Net income was $992 million, up 5.0%, and diluted earnings per share $11.82. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$12.6 billion
+9.4% on the year
FY2014FY2021
Operating margin
10.8%
11.8% a year earlier
FY2014FY2021
Net income
$992 million
+5.0% on the year
FY2014FY2021
Diluted EPS
$11.82
+7.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
884
2,360
1,438
-62.6%
Capital expenditure
856
731
634
+17.0%
Free cash flow
28.0
1,629
804
-98.3%
Free cash flow margin
0.2%
14.1%
7.1%
Cash from investing
-914
-803
-688
Cash from financing
-1,069
-385
-845
Depreciation and amortisation
533
510
490
+4.5%
Share-based compensation
73.7
65.8
69.4
+11.9%
Buybacks
1,221
207
771
+490.6%
Dividends paid
65.9
17.3
53.0
+279.9%
Dividend per share
$0.80
n/a
$0.60
Diluted shares, weighted
84m
86m
89m
-2.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
6,090
6,317
5,504
-3.6%
Non-controlling interest
103
84.8
74.8
+21.9%
Redeemable equity
5.1
4.6
4.3
+12.0%
Debt
4,190
3,856
3,984
+8.7%
Operating lease liabilities
305
278
270
+9.5%
Finance lease liabilities
76.6
50.8
16.4
+50.6%
Other liabilities
2,324
2,885
1,814
-19.4%
Total liabilities and equity
13,094
13,477
11,668
-2.8%
Fixed assets
5,874
5,373
5,017
+9.3%
Goodwill
3,963
3,883
3,870
+2.1%
Intangible assets
81.0
82.6
83.7
-1.9%
Cash and equivalents
115
1,224
61.3
-90.6%
Receivables
1,747
1,729
1,561
+1.0%
Other assets
1,314
1,185
1,076
+10.9%
Total assets
13,094
13,477
11,668
-2.8%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.