Welcome to our dedicated page for Universal Health SEC filings (Ticker: UHT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Universal Health Realty Income Trust filings document the regulatory record for a healthcare REIT, including operating results, material agreements, proxy governance, executive compensation disclosure, and capital-structure matters. Current reports have furnished quarterly earnings releases and described credit agreement amendments, including term loan facilities, SOFR-based interest provisions, leverage-related margin terms, guarantor arrangements, and covenant changes.
Proxy materials cover shareholder voting and governance matters for the Trust, including trustee oversight and compensation-related disclosures. The filing record also documents the Trust's Maryland issuer status and the formal exhibits associated with material event reports.
Universal Health Realty Income Trust is a healthcare-focused REIT investing in acute care and behavioral hospitals, medical office buildings, free‑standing emergency departments and childcare centers. As of late February 2026, it holds 77 real estate investments or commitments in 21 states, including six hospital facilities, 61 medical office buildings, four FEDs, four preschool centers, one specialty facility and vacant land.
The trust is closely tied to Universal Health Services, Inc. (UHS). Subsidiaries of UHS lease all six hospital facilities and are tenants in 19 additional properties, with UHS‑related tenants generating about 40% of consolidated revenue over 2023–2025. A wholly owned UHS subsidiary also serves as Advisor under a renewable agreement, earning a 0.70% fee on average invested real estate assets.
The hospital leases typically include long remaining terms, fixed or inflation‑linked rent escalators, and extensive renewal and purchase options. The combined weighted average EBITDAR coverage ratio at the six UHS hospital facilities was about 8.6x in 2025, indicating strong rent coverage overall but with a wide range by facility. The trust also has several development projects, including the Palm Beach Gardens Medical Plaza I MOB and the Sierra Medical Plaza I MOB, both supported by long‑term UHS master flex leases and ground leases.
Management emphasizes REIT tax status and regular dividend distributions, while highlighting risks tied to government healthcare reimbursement (Medicare and Medicaid), evolving U.S. healthcare legislation, competitive pressures from other providers and facilities, UHS’s financial and legal exposures, and tenant decisions on lease renewals or purchase options. The trust also outlines ongoing ESG initiatives, including energy‑efficient building upgrades, LED lighting, HVAC modernization, water‑saving landscaping and LEED‑inspired design in newer properties.
BlackRock, Inc. reports beneficial ownership of 1,989,533 common shares of Universal Health Realty Income Trust, equal to 14.3% of this share class as of 12/31/2025. BlackRock has sole voting power over 1,972,906 of these shares and sole dispositive power over 1,989,533 shares, with no shared voting or dispositive power.
The holdings reflect securities beneficially owned by specific BlackRock business units, not all BlackRock affiliates. One underlying holder, iShares Core S&P Small-Cap ETF, on its own holds more than five percent of Universal Health Realty’s outstanding common stock. BlackRock states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Universal Health Realty Income Trust (UHT) reported steady Q3 2025 results. Revenue was $25.3 million versus $24.5 million a year ago, and net income was $4.0 million, holding diluted EPS at $0.29. For the first nine months, revenue was $74.7 million with net income of $13.3 million, reflecting diluted EPS of $0.96.
Lease revenue from non-related parties was $14.8 million in Q3, while UHS-related lease revenue was $8.4 million, including $895,000 of bonus rent from McAllen Medical Center. Equity in income from unconsolidated LLCs was $438,000. The quarterly dividend was $0.74 per share; year-to-date dividends were $2.215 per share.
On the balance sheet, total assets were $568.0 million and equity was $158.6 million. Borrowings under the $425 million credit facility were $357.1 million, leaving $67.9 million available. UHS-related tenants represented approximately 39% of Q3 revenue. After quarter-end, UHT entered a ground lease to develop an 80,000 sq ft medical office building in Palm Beach Gardens, Florida, estimated to cost $34 million, with a 10-year master flex lease for about 75% of space.
Universal Health Realty Income Trust (UHT) reported an insider purchase by President, CEO, and Director Alan B. Miller. On 10/29/2025, he purchased 12,247 shares of Shares of Beneficial Interest at $37.0217 per share, coded “P”. Following the transaction, he beneficially owned 182,104 shares directly.
The filing also lists 42,000 shares held indirectly by the Alan B. Miller Family Foundation. The report states that Mr. Miller disclaims beneficial ownership of those indirectly held securities, and the filing does not constitute an admission of beneficial ownership for any purpose.
Universal Health Realty Income Trust furnished its third quarter 2025 earnings release under Item 2.02. The company provided the press release as Exhibit 99.1, making its quarterly results publicly available.
This is a routine disclosure that points readers to the full earnings details in the accompanying press release.
Universal Health Realty Income Trust (UHT) reported quarter-to-date operating results that were largely stable but showed a decline in net income versus the prior year period. Total revenue for the three months ended June 30, 2025 was $24.9 million, essentially flat with the prior-year quarter ($24.7 million), and six-month revenue was $49.4 million versus $49.9 million a year earlier. Quarterly net income was $4.5 million (basic EPS $0.33) compared with $5.3 million (EPS $0.38) in Q2 2024; six-month net income declined to $9.3 million from $10.6 million.
The Trust remains highly tied to Universal Health Services (UHS): UHS-related tenants produced approximately 40% of consolidated revenues in the three- and six-month periods. Balance sheet highlights include total assets of $573.0 million, total liabilities of $407.9 million, total equity of $165.2 million, and outstanding borrowings under the credit facility of $354.8 million with $70.2 million available capacity. Cash flow items: net cash provided by operating activities was $25.3 million for the six months; dividends paid were $20.5 million (six months, $1.475/share). The Trust recognized an unrealized derivative loss of $3.7 million year-to-date, which reduced comprehensive income to $5.6 million for the six months.