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Universal Health Services UHS Healthcare Infrastructure — Recorded Unconditional Purchase Obligation

Other product segments

Electronic Health Records Application And Revenue Cycle Application
$159M-13.1%
Equipment And Other Related
$154M-3.1%
Commercial Health Insurance Payors
$137M+16.1%
Enterprise Resource Planning Application
$70M-17.6%
Revenue Cycle Data Processing Services
$35M-32.7%
Administrative Software Applications
$24M-44.2%
Other Software Applications
$10M-16.7%
Estimated Construction Commitment
$7M-78.1%

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Other financials

Income statement

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Revenue$4.6B+8.3%
Operating income$502.9M+10.6%
Net income$358.4M+1.5%
EPS (diluted)$5.98+10.1%

Balance sheet

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Cash & equivalents$119.0M-6.1%
Total debt$5.1B+0.6%
Total equity$7.5B+10.0%
Total assets$15.7B+5.4%

Cash flow

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Operating cash flow$401.6M+11.5%
CapEx$217.2M-9.1%
Free cash flow$184.5M+52.4%

Valuation

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Market cap$10.39B-1.4%
Enterprise value$15.4B-7.2%
P/E6.8×-1.5×
P/S0.6×-0.1×

Profitability

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Operating margin11.5%+0.6pp
Net margin8.4%+0.8pp
FCF margin5.1%-1.4pp

Returns & leverage

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Return on equity21.3%+3.0pp
Debt / equity0.7×-0.1×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Universal Health Services in its filing.

Tagged under the XBRL concept us-gaap:RecordedUnconditionalPurchaseObligation.

The source filing: Universal Health Services’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:21 PM EST
Fiscal year
FY2025
Accession
0001193125-26-071676

In addition to our long-term debt obligations as discussed in Note 4 - Long-Term Debt and our operating lease obligations as discussed in Note 7 - Lease Commitments, we have various other contractual commitments outstanding as of December 31, 2025 as follows: (i) other combined estimated future purchase obligations of $353 million related to a long-term contract with third-parties consisting primarily of certain revenue cycle data processing services for our acute care facilities ($35 million), expected future costs to be paid to a third-party vendor in connection with the ongoing operation of an electronic health records application and purchase implementation of a revenue cycle and other applications for our acute care facilities ($159 million), healthcare infrastructure in Washington D.C. in connection with various agreements with the District of Columbia ($54 million), development, implementation and operation of an enterprise resource planning application ($70 million), administrative software applications ($24 million) and other software applications ($10 million); (ii) estimated construction commitment of $7 million representing our share of the remaining construction cost of two behavioral health care facilities which opened in 2025 that, subject to approval of certain regulatory conditions, we were required to build pursuant to joint-venture agreements with a third-party; (iii) combined estimated future payments of $154 million related to our non-contributory, defined benefit pension plan ($127 million consisting of estimated payments through 2080) and other retirement plan liabilities ($27 million), and; (iv) accrued and unpaid estimated claims expense incurred in connection with our commercial health insurers and self-insured employee benefit plans ($137 million).

ITEM 16. Form 10-K Summary

FAQ

What is Universal Health Services's healthcare infrastructure — recorded unconditional purchase obligation?
Universal Health Services (UHS) reported healthcare infrastructure — recorded unconditional purchase obligation of $54M in Q4 2025.
How has Universal Health Services's healthcare infrastructure — recorded unconditional purchase obligation changed year-over-year?
Universal Health Services's healthcare infrastructure — recorded unconditional purchase obligation decreased by 11.5% year-over-year, from $61M to $54M.
What does healthcare infrastructure — recorded unconditional purchase obligation mean?
This metric represents the total value of legally binding, non-cancelable commitments to acquire goods or services related to the maintenance, expansion, or operation of healthcare facilities. It captures long-term capital expenditure requirements or service contracts that the company is obligated to fulfill regardless of future operational needs. Monitoring this figure provides insight into the company's fixed future cash outflows and the scale of its committed infrastructure investment pipeline.

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