• Universal Health Services average ebitda margin for 2023 was 12.08%, a 5.33% increase from 2022.
• Universal Health Services average ebitda margin for 2022 was 12.76%, a 20.4% decline from 2021.
• Universal Health Services average ebitda margin for 2021 was 16.03%, a 6.16% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.