Cash flow Universal Health Realty Income Trust

Equities

UHT

US91359E1055

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:01 2025-01-22 pm EST			5-day change	1st Jan Change
37.68 ^USD	-1.85%		+1.56%	+1.26%

Oct. 24	Earnings Flash (UHT) UNIVERSAL HEALTH REALTY INCOME TRUST Posts Q3 EPS $0.29	MT
Oct. 24	Earnings Flash (UHT) UNIVERSAL HEALTH REALTY INCOME TRUST Posts Q3 Revenue $24.5M	MT

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Published financial data: UNIVERSAL HEALTH REALTY INCOME TRUST

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Rental Revenues	75.12M	76.13M	82.22M	81.96M	87.62M
Tenant Reimbursements	-	-	-	-	-
Interest and Investment Income, Total (Revenue Block)	-	-	-	5.47M	5.46M
Other Revenues, Total	3.84M	3.58M	3.77M	4.38M	3.71M
Total Revenues	78.96M	79.72M	85.99M	91.82M	96.78M
Property Expenses	3.97M	4.14M	4.41M	5.1M	5.32M
Selling General & Admin Expenses, Total	480K	-	-	-	-
Depreciation & Amortization - (IS) - (Collected)	25.87M	25.58M	27.48M	26.56M	27.73M
Other Operating Expenses	21.09M	22.28M	23.44M	28.3M	31.17M
Total Operating Expenses	51.41M	52.01M	55.32M	59.96M	64.23M
Operating Income (REIT / Utility Template)	27.55M	27.71M	30.66M	31.86M	32.56M
Interest Expense, Total	-10.53M	-8.26M	-8.81M	-10.76M	-16.92M
Net Interest Expenses	-10.53M	-8.26M	-8.81M	-10.76M	-16.92M
EBT, Excl. Unusual Items	17.01M	19.45M	21.85M	21.1M	15.63M
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	1.95M	-	87.31M	-	-232K
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	18.96M	19.45M	109M	21.1M	15.4M
Earnings From Continuing Operations	18.96M	19.45M	109M	21.1M	15.4M
Net Income to Company	18.96M	19.45M	109M	21.1M	15.4M
Net Income - (IS)	18.96M	19.45M	109M	21.1M	15.4M
Net Income to Common Incl Extra Items	18.96M	19.45M	109M	21.1M	15.4M
Net Income to Common Excl. Extra Items	18.96M	19.45M	109M	21.1M	15.4M
Per Share Items
Net EPS - Basic	1.38	1.42	7.94	1.53	1.12
Basic EPS - Continuing Operations	1.38	1.42	7.94	1.53	1.12
Basic Weighted Average Shares Outstanding	13.73M	13.74M	13.76M	13.77M	13.79M
Net EPS - Diluted	1.38	1.41	7.92	1.53	1.11
Diluted EPS - Continuing Operations	1.38	1.41	7.92	1.53	1.11
Diluted Weighted Average Shares Outstanding	13.75M	13.76M	13.78M	13.8M	13.81M
Normalized Basic EPS	0.77	0.88	0.99	0.96	0.71
Normalized Diluted EPS	0.77	0.88	0.99	0.96	0.71
Dividend Per Share	2.72	2.76	2.8	2.84	2.88
Payout Ratio	197.27	195.26	35.3	185.66	258.21
Supplemental Items
EBITDA	53.22M	53.1M	57.96M	58.27M	60.15M
EBITA	31.04M	30.63M	33.28M	34.06M	34.56M
EBIT	27.55M	27.71M	30.66M	31.86M	32.56M
EBITDAR	53.7M	53.58M	58.46M	58.88M	60.81M
Total Revenues (As Reported)	77.16M	78.01M	84.19M	90.62M	95.58M
Normalized Net Income	10.63M	12.15M	13.66M	13.19M	9.77M
Interest Capitalized	-	-	-	-	149K
Interest on Long-Term Debt	-	7.97M	7.58M	12.1M	22.91M
Supplemental Operating Expense Items
Net Rental Expense, Total	480K	480K	508K	611K	666K
Imputed Operating Lease Interest Expense	149K	107K	111K	151K	251K
Imputed Operating Lease Depreciation	331K	373K	397K	460K	415K
Stock-Based Comp., Other (Total)	702K	912K	947K	780K	780K
Total Stock-Based Compensation	702K	912K	947K	780K	780K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Gross Property Plant And Equipment	636M	669M	675M	709M	717M
Accumulated Depreciation	-195M	-217M	-226M	-249M	-262M
Net Property Plant And Equipment	441M	453M	450M	461M	455M
Total Real Estate Assets	441M	453M	450M	461M	455M
Cash And Equivalents	6.11M	5.74M	22.5M	7.61M	8.21M
Accounts Receivable, Total	10.6M	10.7M	94.19M	97.44M	97.62M
Investment In Debt and Equity Securities	1M	-	-	-	-
Other Intangibles, Total	14.55M	11.74M	9.97M	9.45M	9.11M
Trading Asset Securities, Total	-	-	-	12M	7.3M
Deferred Charges Long-Term	8.15M	8.83M	11.97M	11.11M	10.28M
Other Long-Term Assets, Total	6.92M	4.28M	10.14M	9.28M	9.1M
Total Assets	489M	494M	598M	608M	596M
Liabilities
Current Portion of Long-Term Debt	-	3.8M	-	-	-
Current Portion of Leases	480K	480K	618K	618K	704K
Short-Term Borrowings	-	-	-	-	-
Long-Term Debt	274M	295M	329M	343M	359M
Long-Term Leases	8.46M	8.43M	10.88M	10.84M	10.24M
Accrued Expenses, Total	11.41M	13.33M	10.72M	11.54M	12.26M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	-	-
Other Non Current Liabilities	13.01M	13.86M	12.11M	12.62M	12.76M
Total Liabilities	307M	335M	363M	378M	395M
Common Stock, Total	138K	138K	138K	138K	138K
Additional Paid In Capital	267M	267M	269M	269M	270M
Distributions In Excess Of Earnings	-86.14M	-105M	-34.44M	-52.52M	-76.91M
Comprehensive Income and Other	1.01M	-3.82M	1.11M	12.01M	7.31M
Total Common Equity	182M	159M	235M	229M	201M
Total Equity	182M	159M	235M	229M	201M
Total Liabilities And Equity	489M	494M	598M	608M	596M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13.76M	13.77M	13.79M	13.8M	13.82M
ECS Total Common Shares Outstanding	13.76M	13.77M	13.79M	13.8M	13.82M
Book Value / Share	13.21	11.55	17.07	16.6	14.54
Tangible Book Value	167M	147M	225M	220M	192M
Tangible Book Value Per Share	12.15	10.69	16.35	15.91	13.88
Total Debt	283M	308M	340M	354M	370M
Net Debt	277M	302M	318M	335M	355M
Debt Equivalent Oper. Leases	3.84M	3.84M	4.06M	4.89M	5.33M
Equity Method Investments, Total	6.92M	4.28M	10.14M	9.28M	9.1M
Account Code - Inventory Valuation	3	3	3	-	3
Land - (BS)	54.89M	55.16M	54.9M	56.63M	56.87M
Buildings, Total	573M	605M	609M	641M	649M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	18.96M	19.45M	109M	21.1M	15.4M
Depreciation, Depletion & Amortization	22.18M	22.48M	24.67M	24.21M	25.59M
Amortization of Goodwill and Intangible Assets - (CF)	3.49M	2.92M	2.62M	2.2M	2M
Total Depreciation, Depletion & Amortization	25.67M	25.4M	27.3M	26.41M	27.59M
Amortization of Deferred Charges, Total	-	764K	791K	714K	729K
(Gain) Loss On Sale of Asset - (CF)	-1.95M	-	-87.31M	-	232K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	702K	912K	947K	780K	780K
Change in Accounts Receivable	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-680K	-2.26M	-3.11M	-2.16M	-1.75M
Other Operating Activities	-53K	-53K	-51K	-50K	-40K
Cash from Operations	42.65M	44.21M	47.72M	46.8M	42.94M
Acquisition of Real Estate Assets, Total	-17.42M	-30.53M	-27.31M	-36.1M	-23.2M
Sale of Real Estate Assets, Total	2.77M	-	28.12M	-	3.89M
Net Sale / Acquisition of Real Estate Assets	-14.66M	-30.53M	810K	-36.1M	-19.31M
Cash Acquisitions	-	-	-2.56M	-	-
Investment in Marketable and Equity Securities, Total	-1.82M	3.32M	-16.33M	781K	-3.3M
Other Investing Activities, Total	-	-	-6.34M	-1.35M	3.5M
Cash from Investing	-16.47M	-27.21M	-24.42M	-36.67M	-19.11M
Long-Term Debt Issued, Total	16.55M	23.25M	35.7M	26.2M	28.5M
Total Debt Issued	16.55M	23.25M	35.7M	26.2M	28.5M
Long-Term Debt Repaid, Total	-4.2M	-1.91M	-2.08M	-12.2M	-11.89M
Total Debt Repaid	-4.2M	-1.91M	-2.08M	-12.2M	-11.89M
Issuance of Common Stock	212K	-	215K	177K	147K
Repurchase of Common Stock	-221K	-235K	-	-	-
Common Dividends Paid	-37.41M	-37.97M	-38.53M	-39.18M	-39.76M
Common & Preferred Stock Dividends Paid	-37.41M	-37.97M	-38.53M	-39.18M	-39.76M
Other Financing Activities, Total	-35K	-499K	-1.84M	-26K	-222K
Cash from Financing	-25.11M	-17.37M	-6.54M	-25.02M	-23.23M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	1.07M	-368K	16.76M	-14.89M	598K
Supplemental Items
Cash Interest Paid	10.02M	7.57M	8.08M	10.39M	16.27M
Net Debt Issued / Repaid	12.35M	21.34M	33.62M	14M	16.61M
Levered Free Cash Flow	38.06M	41.05M	-47.21M	38.67M	39.4M
Unlevered Free Cash Flow	44.64M	45.45M	-42.49M	44.68M	49.25M
Change In Net Working Capital	-1.05M	-1.83M	89.9M	2.43M	-535K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.54	3.52	3.51	3.3	3.38
Return on Total Capital	3.73	3.72	3.69	3.44	3.52
Return On Equity %	9.97	11.41	55.37	9.09	7.16
Return on Common Equity	9.97	11.41	55.37	9.09	7.16
Margin Analysis
Gross Profit Margin %	94.97	94.81	94.88	94.45	94.5
SG&A Margin	0.61	-	-	-	-
EBITDA Margin %	67.4	66.62	67.4	63.46	62.15
EBITA Margin %	39.31	38.42	38.71	37.1	35.71
EBIT Margin %	34.89	34.76	35.66	34.7	33.64
Income From Continuing Operations Margin %	24.02	24.4	126.96	22.98	15.91
Net Income Margin %	24.02	24.4	126.96	22.98	15.91
Net Avail. For Common Margin %	24.02	24.4	126.96	22.98	15.91
Normalized Net Income Margin	13.47	15.25	15.88	14.36	10.09
Levered Free Cash Flow Margin	48.2	51.5	-54.9	42.11	40.71
Unlevered Free Cash Flow Margin	56.54	57.02	-49.42	48.66	50.89
Asset Turnover
Asset Turnover	0.16	0.16	0.16	0.15	0.16
Fixed Assets Turnover	0.18	0.18	0.19	0.2	0.21
Receivables Turnover (Average Receivables)	7.22	7.15	1.57	0.86	0.9
Short Term Liquidity
Current Ratio	1.41	0.93	10.29	9.63	8.73
Quick Ratio	1.41	0.93	10.29	9.63	8.73
Operating Cash Flow to Current Liabilities	3.59	2.51	4.21	3.85	3.31
Days Sales Outstanding (Average Receivables)	50.56	51.21	232.82	426.7	406.3
Long Term Solvency
Total Debt/Equity	155.52	193.58	144.59	154.64	184.34
Total Debt / Total Capital	60.86	65.94	59.12	60.73	64.83
LT Debt/Equity	155.26	190.89	144.33	154.37	183.99
Long-Term Debt / Total Capital	60.76	65.02	59.01	60.62	64.71
Total Liabilities / Total Assets	62.82	67.81	60.68	62.29	66.31
EBIT / Interest Expense	2.62	3.35	3.48	2.96	1.92
EBITDA / Interest Expense	5.1	6.48	6.64	5.47	3.59
(EBITDA - Capex) / Interest Expense	5.1	6.48	6.64	5.47	3.59
Total Debt / EBITDA	5.26	5.74	5.82	6.02	6.09
Net Debt / EBITDA	5.15	5.64	5.44	5.68	5.84
Total Debt / (EBITDA - Capex)	5.26	5.74	5.82	6.02	6.09
Net Debt / (EBITDA - Capex)	5.15	5.64	5.44	5.68	5.84
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.25	0.96	7.87	6.78	5.41
Gross Profit, 1 Yr. Growth %	1.09	0.79	7.95	6.3	5.47
EBITDA, 1 Yr. Growth %	-0.79	-0.21	9.13	0.54	3.22
EBITA, 1 Yr. Growth %	-5.53	-0.68	8.68	2.34	1.46
EBIT, 1 Yr. Growth %	-4.61	0.6	10.65	3.9	2.19
Earnings From Cont. Operations, 1 Yr. Growth %	-21.62	2.55	461.35	-80.67	-27.02
Net Income, 1 Yr. Growth %	-21.62	2.55	461.35	-80.67	-27.02
Diluted EPS Before Extra, 1 Yr. Growth %	-21.59	2.17	461.7	-80.68	-27.45
Normalized Net Income, 1 Yr. Growth %	-9.98	14.31	12.37	-3.43	-25.92
Net Property, Plant and Equip., 1 Yr. Growth %	0.85	2.55	-0.68	2.45	-1.28
Accounts Receivable, 1 Yr. Growth %	3.87	0.94	780.02	3.45	0.19
Total Assets, 1 Yr. Growth %	1.04	1.07	21.14	1.52	-1.84
Common Equity, 1 Yr. Growth %	-8.5	-12.51	48	-2.65	-12.29
Tangible Book Value, 1 Yr. Growth %	-7.74	-11.91	53.03	-2.53	-12.67
Cash From Operations, 1 Yr. Growth %	-0.64	3.65	7.95	-1.93	-8.26
Levered Free Cash Flow, 1 Yr. Growth %	8.23	6.09	-205.26	-181.91	1.9
Unlevered Free Cash Flow, 1 Yr. Growth %	7.83	1.82	-186.28	-205.13	10.24
Dividend Per Share, 1 Yr. Growth %	1.49	1.47	1.45	1.43	1.41
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.77	1.11	4.35	7.32	6.09
Gross Profit, 2 Yr. CAGR %	2.71	0.94	4.3	7.12	5.88
EBITDA, 2 Yr. CAGR %	1.61	-0.13	4.36	4.75	1.87
EBITA, 2 Yr. CAGR %	-0.78	-2.53	3.89	5.46	1.9
EBIT, 2 Yr. CAGR %	2.04	-1.35	5.5	7.22	3.04
Earnings From Cont. Operations, 2 Yr. CAGR %	-35.52	-10.35	139.93	4.17	-62.44
Net Income, 2 Yr. CAGR %	-35.52	-10.35	139.93	4.17	-62.44
Diluted EPS Before Extra, 2 Yr. CAGR %	-35.8	-10.49	139.56	4.17	-62.56
Normalized Net Income, 2 Yr. CAGR %	1.88	2.53	13.33	4.17	-15.42
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.56	1.7	0.92	0.87	0.57
Accounts Receivable, 2 Yr. CAGR %	7.93	2.4	198.05	201.72	1.81
Total Assets, 2 Yr. CAGR %	-0.12	1.05	10.65	10.9	-0.17
Common Equity, 2 Yr. CAGR %	-7.1	-10.52	13.79	20.04	-7.6
Tangible Book Value, 2 Yr. CAGR %	-6.2	-9.85	16.1	22.13	-7.74
Cash From Operations, 2 Yr. CAGR %	-3.71	1.48	5.78	2.89	-5.15
Levered Free Cash Flow, 2 Yr. CAGR %	4.81	7.44	10.45	-7.15	-8.64
Unlevered Free Cash Flow, 2 Yr. CAGR %	4.43	5.1	-2.43	-4.76	7.66
Dividend Per Share, 2 Yr. CAGR %	1.5	1.48	1.46	1.44	1.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.35	2.16	3.31	5.16	6.68
Gross Profit, 3 Yr. CAGR %	3.44	2.06	3.22	4.97	6.57
EBITDA, 3 Yr. CAGR %	2.39	1	2.87	3.07	4.24
EBITA, 3 Yr. CAGR %	-0.77	-0.96	1.07	3.37	4.11
EBIT, 3 Yr. CAGR %