Universal Tax Provision from 2010 to 2024

UHS Stock  USD 197.61  0.09  0.05%   
Universal Health Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Universal Health Services to cover any estimated taxes for the current period. It reflects Universal Health's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
70.3 M
Current Value
87.7 M
Quarterly Volatility
16.3 M
 
Covid
Check Universal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 596.4 M, Interest Expense of 217.6 M or Total Revenue of 15 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0065 or PTB Ratio of 1.55. Universal financial statements analysis is a perfect complement when working with Universal Health Valuation or Volatility modules.
  
Check out the analysis of Universal Health Correlation against competitors.

Latest Universal Health's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Universal Health Services over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Universal Health's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Health's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Universal Tax Provision Regression Statistics

Arithmetic Mean325,510,024
Geometric Mean315,671,182
Coefficient Of Variation24.41
Mean Deviation72,002,908
Median363,697,000
Standard Deviation79,451,093
Sample Variance6312.5T
Range199.9M
R-Value(0.86)
Mean Square Error1793.7T
R-Squared0.74
Significance0.000043
Slope(15,242,880)
Total Sum of Squares88374.7T

Universal Tax Provision History

2024237.3 M
2023211.6 M
2022209.3 M
2021305.7 M
2020299.3 M
2019238.8 M
2018236.6 M

About Universal Health Financial Statements

Universal Health shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Universal Health investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision211.6 M237.3 M

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Additional Tools for Universal Stock Analysis

When running Universal Health's price analysis, check to measure Universal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.