UHS · 10-Q · 2026Q3 · Full report

Interest Expense Trends

UNIVERSAL HEALTH SERVICES INC · 2026-11-06 · Importance 40 · Surprise 56 · In source text

Net interest expense rose 46% year over year to $56.277 million in the third quarter of 2026, from $38.431 million, and increased 17% to $133.322 million for the first nine months, from $113.851 million. Third-quarter average borrowings on the revolving credit facility, term loans and senior notes increased to $5.14 billion from $4.46 billion, while the average effective interest rate rose to 4.25% from 4.09%. The quarterly increase included $8 million from lower capitalized interest after the Palm Beach Gardens hospital opened in May 2026; nine-month interest expense also rose as average borrowings increased to $4.78 billion from $4.36 billion.

Key facts

• UNIVERSAL HEALTH SERVICES INC’s interest expense, net, was $56.277 million in the three months ended September 30, 2026, versus $38.431 million in the same 2025 period. source
• UHS third-quarter 2026 average outstanding borrowings under its revolving credit, term loan A, delayed draw term loan A, and senior notes were $5.14 billion, compared with $4.46 billion in third-quarter 2025; average cost of borrowings was 4.12% and 3.97%, respectively. source
• UHS interest expense increased $18 million, or 46%, in the third quarter of 2026 compared with the third quarter of 2025. source
• UNIVERSAL HEALTH SERVICES INC’s interest expense, net, was $133.322 million in the nine months ended September 30, 2026, versus $113.851 million in the same 2025 period. source
• UHS interest expense increased $19 million, or 17%, in the first nine months of 2026 compared with the same period of 2025. source
• UHS's net interest expense was $56.277 million for the three months ended September 30, 2026, versus $38.431 million in 2025, and $133.322 million for the nine months ended September 30, 2026, versus $113.851 million in 2025. source

Impact estimates