Universal Health Services Inc-B 2025年季度报告

(MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedJune 30,2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number1-10765UNIVERSAL HEALTH SERVICES, INC. Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and(2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Common sharesoutstanding, as of July 31, 2025: UNIVERSAL HEALTH SERVICES, INC. INDEX PART I. FINANCIAL INFORMATION Item 1. Financial Statements (unaudited) Condensed Consolidated Statements of Income – Three and Six Months Ended June 30, 2025 and 20243Condensed Consolidated Statements of Comprehensive Income – Three and Six Months Ended June 30, 2025 and 20244Condensed Consolidated Balance Sheets – June 30, 2025 and December 31, 20245Condensed Consolidated Statements of Changes in Equity – Three and Six Months Ended June 30, 2025 and 20246Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2025 and 20248Notes to Condensed Consolidated Financial Statements9Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations28Item 3. Quantitative and Qualitative Disclosures About Market Risk65Item 4. Controls and Procedures65PART II. Other InformationItem 1. Legal Proceedings66Item 1A. Risk Factors66Item 2. Unregistered Sales of Equity Securities and Use of Proceeds66Item 5. Other Information67Item 6. Exhibits68Signatures69 This Quarterly Report on Form 10-Q is for the quarter ended June 30, 2025. This Report modifies and supersedes documents filed prior tothis Report. Information that we file with the Securities and Exchange Commission (the “SEC”) in the future will automatically update andsupersede information contained in this Report. In this Quarterly Report, “we,” “us,” “our” “UHS” and the “Company” refer to Universal Health Services, Inc. and its subsidiaries. UHS isa registered trademark of UHS of Delaware, Inc., the management company for, and a wholly-owned subsidiary of Universal HealthServices, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its managementcompany, UHS of Delaware, Inc. All healthcare and management operations are conducted by subsidiaries of Universal Health Services,Inc. To the extent any reference to “UHS” or “UHS facilities” in this report including letters, narratives or other forms contained hereinrelates to our healthcare or management operations it is referring to Universal Health Services, Inc.’s subsidiaries including UHS ofDelaware, Inc. Further, the terms “we,” “us,” “our” or the “Company” in such context similarly refer to the operations of Universal HealthServices Inc.’s subsidiaries including UHS of Delaware, Inc. Any reference to employees or employment contained herein refers toemployment with or employees of the subsidiaries of Universal Health Services, Inc. including UHS of Delaware, Inc. (amounts in thousands, except per share amounts)(unaudited) UNIVERSAL HEALTH SERVICES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(amounts in thousands, unaudited) UNIVERSAL HEALTH SERVICES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(amounts in thousands, unaudited) UNIVERSAL HEALTH SERVICES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFor the Three and Six Months ended June 30, 2024(amounts in thousands, unaudited) UNIVERSAL HEALTH SERVICES, INC. AND SUBSIDIARIES