Universal Health Services, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.49B | $1.14B | $717.8M | $675.6M | $991.6M | $944.0M | $814.9M | $779.7M |
| Depreciation & Amortization | $618.7M | $584.8M | $568.0M | $581.9M | $533.2M | $510.5M | $490.4M | $453.0M |
| Depreciation | $594.0M | $559.6M | $535.6M | $544.0M | $501.6M | $478.8M | $455.6M | $410.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $95.7M | $99.3M | $87.7M | $85.4M | $73.7M | $65.8M | $69.4M | $66.6M |
| Net Cash from Operating Activities | $1.86B | $2.07B | $1.27B | $996.0M | $883.7M | $2.36B | $1.44B | $1.27B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.02B | $943.8M | $743.1M | $734.0M | $855.7M | $731.3M | $634.1M | $665.0M |
| Business Acquisitions | $47.8M | $19.0M | $3.7M | $20.3M | $105.4M | $52.0M | $8.0M | $110.5M |
| Net Cash from Investing Activities | $-1.07B | $-911.1M | $-763.3M | $-647.3M | $-914.5M | $-802.6M | $-688.4M | $-747.2M |
| Financing Activities | ||||||||
| Dividends Paid | $51.3M | $53.3M | $55.5M | $58.4M | $65.9M | $17.3M | $53.0M | $37.3M |
| Stock Repurchases | $968.0M | $670.8M | $547.4M | $832.9M | $1.22B | $206.7M | $770.5M | $397.4M |
| Net Cash from Financing Activities | $-749.7M | $-1.14B | $-493.9M | $-318.4M | $-1.07B | $-384.9M | $-845.0M | $-492.2M |
| Net Change in Cash | $46.6M | $10.3M | $13.6M | $21.9M | $-1.10B | $1.17B | $-94.0M | $32.4M |
| Free Cash Flow | $849.2M | $1.12B | $524.7M | $262.0M | $28.0M | $1.63B | $804.4M | $609.8M |