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Universal Health Services UHS State Medicaid Programs — Effect On Future Earnings Offset Amount

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MOHMedicaid — Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years
$2.69B-2.6%
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MOHMedicaid — Prior years
-$153M+1.9%

Other financials

Income statement

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Revenue$4.5B+9.6%
Operating income$502.9M+10.6%
Net income$348.7M+10.1%
EPS (diluted)$5.65+17.7%

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$8.55B-10.5%
Enterprise value$13.55B-7.2%
P/E5.6×-2.4×
P/S0.5×-0.1×

Profitability

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Operating margin11.5%+0.6pp
Net margin8.6%+1.1pp
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:EffectOnFutureEarningsOffsetAmount.

The official record: Universal Health Services’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Universal Health Services's state medicaid programs — effect on future earnings offset amount?
Universal Health Services (UHS) reported state medicaid programs — effect on future earnings offset amount of $157.75M in Q4 2025.
How has Universal Health Services's state medicaid programs — effect on future earnings offset amount changed year-over-year?
Universal Health Services's state medicaid programs — effect on future earnings offset amount increased by 17.7% year-over-year, from $134M to $157.75M.
What is the long-term trend for Universal Health Services's state medicaid programs — effect on future earnings offset amount?
Over 4 years (2021 to 2025), Universal Health Services's state medicaid programs — effect on future earnings offset amount has grown at a 31.5% compound annual growth rate (CAGR), from $211M to $631M.
What does state medicaid programs — effect on future earnings offset amount mean?
This metric represents the financial adjustment or accrual related to state-level Medicaid program participation that impacts future earnings projections. It reflects the net effect of supplemental payments, assessments, or regulatory adjustments that modify the expected profitability of Medicaid-related healthcare services. This figure is critical for understanding the volatility and regulatory risk inherent in government-sponsored healthcare reimbursement models.