Companies /Real Estate

Universal Health Realty Income Trust

NYSE: UHT Reit - Healthcare Facilities
$40.60
▼ $0.21 (−0.51%) today
Markets closed · 6:10am ET

Q4 2025 Earnings

Reported Feb 25, 2026, 4:25pm ET · SEC source
$0.31
Beat +0.00%
EPS · est. $0.00
$24.5M
Miss −3.27%
Revenue · est. $25.3M
−1.2%
Trailing market
UHT vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−0.8%0+0.8%Feb 25Feb 26report 4:25pm ETearnings−0.6%+0.2%
−0.8%0+0.8%Feb 25Feb 26earnings−0.6%+0.2%
UHT +0.2%S&P 500 −0.6%
−2%−1%0+1%Feb 25Feb 26report 4:25pm ETearnings−1.3%+0.2%
−2%−1%0+1%Feb 25Feb 26earnings−1.3%+0.2%
UHT +0.2%NASDAQ −1.3%
−2%0Feb 24Mar 5report 4:25pm ETearnings−2.1%−2.5%
−2%0Feb 24Mar 5earnings−2.1%−2.5%
UHT −2.5%S&P 500 −2.1%
−4%−2%0Feb 24Mar 5report 4:25pm ETearnings−1.7%−2.5%
−4%−2%0Feb 24Mar 5earnings−1.7%−2.5%
UHT −2.5%NASDAQ −1.7%
+1.22%
Day of report
+0.23%
Next session
−0.77%
One week
−9.73%
30 days

S&P 500 over the same 30 days: −8.52%.

Did UHT Beat Earnings? Q4 2025 Results

Universal Health Realty Income Trust delivered a mixed fourth quarter for fiscal 2025, posting earnings of $0.31 per diluted share while revenue of $24.47 million fell short of the $25.28 million consensus estimate by 3.20%, also slipping 0.7% from the prior-year period. The primary culprit was a medical office building in Amarillo, Texas, vacated during Q4 2025 after both tenants allowed their leases to expire, dragging net income down to $4.32 million from $4.66 million a year earlier. On a more stable footing, funds from operations held nearly flat at $11.74 million, or $0.85 per diluted share, underscoring the trust's underlying cash generation even as reported income softened. Shares edged higher following the report, reflecting measured investor confidence. Looking ahead, the trust broke ground in February 2026 on Palm Beach Gardens Medical Plaza I, an 80,000 square foot medical office building estimated at $34 million, with roughly 75% of its space already committed under a 10-year lease and completion targeted for Q4 2026.

Key Takeaways
  • Decrease in net aggregate income at various properties, primarily from vacated MOB in Amarillo, Texas
  • Decrease in interest expense due to lower average effective borrowing rate from interest rate swap agreements
  • Bonus rental from McAllen Medical Center of $894,000 in Q4 2025 vs. $801,000 in Q4 2024

Forward Guidance & Outlook

UHT commenced construction of Palm Beach Gardens Medical Plaza I in February 2026, an 80,000 square foot medical office building estimated to cost approximately $34 million, expected to be completed during Q4 2026. A UHS subsidiary has executed a 10-year master flex lease for approximately 75% of the rentable square feet. The trust is also marketing a vacated MOB in Amarillo, Texas to potential new tenants. The company's $425 million credit facility provides $68.8 million of available borrowing capacity and is scheduled to expire September 30, 2028 with extension options.

UHT YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$7.0M$14.0M$21.0M$24.6M$24.5MRevenue$4.7M$4.3MNet Income
$0$7.0M$14.0M$21.0MRevenueNet Income

UHT Revenue by Segment

Lease Revenue - Non-related Parties
Lease Revenue - Non-Related Parties
Lease revenue - Non-related parties$14.1M
Lease revenue - UHS facilities$8.3M
Lease Revenue - UHS Facilities
Interest Income on Financing Leases - UHS Facilities
Interest income on financing leases - UHS facilities$1.3M
Other Revenue - Non-related Parties

Figures from SEC filings and company reports. Not investment advice.