Universal Health Services, Inc. logo
UHSUniversal Health Services, Inc.

FCF Payout Ratio: 5.67%

Is the FCF payout ratio high or low?

The FCF payout ratio of 5.67% is 75% below its 5-year average of 23.13%, near the low end of its 5-year range (1.50%–235.04%).

0.52% above its 12-month average of 5.64%.

FCF Payout Ratio

UHS FCF Payout Ratio

5.67%

Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.

+277.82% 5Y
UHS FCF Payout Ratio

UHS Average FCF Payout Ratio Chart

UHS FCF Payout Ratio

UHS Current vs Average FCF Payout Ratio Chart

UHS FCF Payout Ratio Metrics

FCF PAYOUT RATIO

5.67%

FCF PAYOUT RATIO AVG TTM

5.64%

FCF PAYOUT RATIO AVG 3Y

7.49%

FCF PAYOUT RATIO AVG 5Y

10.33%

FCF PAYOUT RATIO AVG 10Y

8.84%

FCF PAYOUT RATIO AVG 15Y

8.66%

FCF PAYOUT RATIO AVG 20Y

11.45%

CURRENT VS TTM AVG

+0.52%

CURRENT VS 3Y AVG

-24.23%

CURRENT VS 5Y AVG

-45.08%

CURRENT VS 10Y AVG

-35.82%

CURRENT VS 15Y AVG

-34.52%

CURRENT VS 20Y AVG

-50.46%

Payout Ratio Comparison

FCF Payout Ratio TTM

5.7%

Earnings Payout Ratio

3.4%

Dividend Yield

0.55%

FCF Yield

9.94%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$849.25M$51.27M6.0%
2024$1.12B$53.35M4.7%
2023$524.74M$55.48M10.6%
2022$262.02M$58.45M22.3%
2021$28.04M$65.90M235.0%
2020$1.63B$17.34M1.1%
2019$774.95M$53.00M6.8%
2018$529.22M$37.34M7.1%
2017$573.15M$38.21M6.7%
2016$133.26M$38.88M29.2%
2015$107.92M$39.53M36.6%
2014$213.34M$29.66M13.9%
2013$513.11M$19.62M3.8%
2012($75.77M)$58.40MN/A (Loss)
2011$394.32M$19.47M4.9%
2010$262.07M$19.42M7.4%
2009$153.56M$16.71M10.9%
2008$108.56M$16.15M14.9%
2007$8.68M$17.17M197.8%
2006($171.90M)$17.45MN/A (Loss)
2005$184.01M$17.89M9.7%
2004$162.12M$18.63M11.5%
2003$152.41M$4.64M3.0%
2002$130.33M$00.0%
2001$159.25M$14.64M9.2%
2000$68.55M$7.63M11.1%
1999$76.40M$18.40M24.1%
1998($134.40M)$1.80MN/A (Loss)
1997($7.20M)$0N/A (Loss)
1996($128.80M)$0N/A (Loss)

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

FCF Payout Ratio FAQ

What is the FCF payout ratio for Universal Health Services, Inc. (UHS)?
The FCF payout ratio for UHS stock is 5.67%.
Is Universal Health Services, Inc.'s FCF payout ratio high or low?
The FCF payout ratio of 5.67% is 75% below its 5-year average of 23.13%, near the low end of its 5-year range (1.50%–235.04%).
What is the TTM average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The TTM average FCF payout ratio for UHS stock is 5.64%.
What is the 3Y average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The 3Y average FCF payout ratio for UHS stock is 7.49%.
What is the 5Y average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The 5Y average FCF payout ratio for UHS stock is 10.33%.
What is the 10Y average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The 10Y average FCF payout ratio for UHS stock is 8.84%.
What is the 15Y average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The 15Y average FCF payout ratio for UHS stock is 8.66%.
What is the 20Y average FCF payout ratio for Universal Health Services, Inc. (UHS)?
The 20Y average FCF payout ratio for UHS stock is 11.45%.

UHS FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2026-03-315.67%
2025-12-316.17%
2025-09-305.47%
2025-06-305.85%
2025-03-315.04%
2024-12-314.75%
2024-09-305.62%
2024-06-306.51%
2024-03-319.29%
2023-12-3110.57%
2023-09-3013.66%
2023-06-3011.21%
2023-03-3141.70%
2022-12-3122.31%
2022-09-3024.78%
2022-06-3013.35%
2022-03-3114.18%
2021-12-31235.04%
2021-06-3019.95%
2021-03-311.50%
2020-12-311.07%
2020-09-301.84%
2020-06-303.31%
2020-03-316.96%
2019-12-316.84%
2019-09-305.90%
2019-06-306.07%
2019-03-316.22%
2018-12-317.06%
2018-09-307.81%
2018-06-306.80%
2018-03-319.32%
2017-12-316.67%
2017-03-3130.49%
2016-12-3129.17%
2016-09-3011.76%
2016-06-3012.76%
2016-03-3114.17%
2015-12-3136.63%
2015-09-306.83%
2015-06-3011.67%
2015-03-3113.22%
2014-12-3113.91%
2014-09-3013.71%
2014-06-304.06%
2014-03-313.78%
2013-12-313.82%
2013-09-30817.04%
2012-09-307.59%
2012-06-305.80%
2012-03-316.29%
2011-12-314.94%
2011-09-308.56%
2011-06-308.63%
2011-03-3111.19%
2010-12-3113.62%
2010-09-3011.44%
2010-06-3027.70%
2010-03-3124.21%
2009-12-3123.71%
2009-09-3022.49%
2009-06-308.88%
2009-03-3112.30%
2008-12-3114.88%
2008-09-3015.57%
2008-06-3021.70%
2008-03-3128.71%
2007-12-31197.75%
2006-09-30109.21%
2006-06-3020.56%
2006-03-3114.28%
2005-12-319.72%
2005-09-308.64%
2005-06-3010.41%
2005-03-318.70%
2004-12-3111.49%
2004-09-3013.08%
2004-06-309.47%
2004-03-316.80%
2003-12-313.05%
2003-09-302.44%
2003-06-302.24%
2003-03-313.06%

About Universal Health Services, Inc.

Universal Health Services, Inc. (UHS), operating through its various divisions, is a healthcare entity that both owns and manages a network of acute care hospitals, along with outpatient and specialized behavioral health treatment centers. Its business operations are strategically bifurcated into two main segments: Acute Care Hospital Services and Behavioral Health Care Services. The hospitals under its management provide a comprehensive spectrum of medical provisions, encompassing general and specialty surgical interventions, internal medicine, obstetrics, urgent and emergency department services, diagnostic imaging (radiology), cancer therapy (oncology), advanced diagnostic procedures, cardiac care, pediatric medicine, pharmaceutical services, and mental health support. As of a reported date of February 24, 2022, the company's significant presence included the ownership or operation of 363 inpatient facilities, complemented by 40 outpatient and other specialized sites. These facilities are distributed across 39 U.S. states, the District of Columbia, the United Kingdom, and Puerto Rico. Beyond direct patient care, UHS also extends into commercial health insurance provision and offers a variety of crucial management support functions. These include centralized procurement, information technology infrastructure, financial oversight and control mechanisms, strategic facilities planning, physician talent acquisition, administrative staff management, marketing initiatives, and public relations efforts. Universal Health Services, Inc. was established in 1978 and maintains its principal executive offices in King of Prussia, Pennsylvania.

King of Prussia, PA
78,400 employees
Healthcare / Medical - Care Facilities
Sector
Healthcare
Industry
Medical - Care Facilities
CEO
Marc D. Miller