UNH
UnitedHealth Group Incorporated
NYSE: UNH · HEALTHCARE · HEALTHCARE PLANS
$370.48
-0.07% today
Updated 2026-04-29
Market cap
$322.34B
P/E ratio
26.81
P/S ratio
0.72x
EPS (TTM)
$13.24
Dividend yield
1.87%
52W range
$230 – $410
Volume
8.9M
UnitedHealth Group Incorporated (UNH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.54B | $75.43B | $81.19B | $87.14B | $94.16B | $101.86B | $110.62B | $122.49B | $130.47B | $157.11B | $184.84B | $201.16B | $226.25B | $242.16B | $257.14B | $287.60B | $324.16B | $371.62B | $400.28B | $447.57B |
| Revenue growth (YoY) | — | +5.4% | +7.6% | +7.3% | +8.1% | +8.2% | +8.6% | +10.7% | +6.5% | +20.4% | +17.7% | +8.8% | +12.5% | +7.0% | +6.2% | +11.8% | +12.7% | +14.6% | +7.7% | +11.8% |
| Cost of revenue | $53.91B | $56.20B | $61.84B | $79.79B | $85.23B | $92.27B | $82.75B | $92.13B | $97.04B | $120.08B | $141.45B | $154.15B | $172.40B | $184.56B | $190.14B | $217.94B | $244.54B | $280.66B | $310.88B | $364.65B |
| Gross profit | $16.76B | $19.23B | $19.35B | $7.35B | $8.93B | $9.59B | $27.87B | $30.36B | $33.43B | $37.03B | $43.39B | $47.01B | $53.85B | $57.60B | $67.00B | $69.65B | $79.62B | $90.96B | $89.40B | $82.92B |
| Gross margin | 23.4% | 25.5% | 23.8% | 8.4% | 9.5% | 9.4% | 25.2% | 24.8% | 25.6% | 23.6% | 23.5% | 23.4% | 23.8% | 23.8% | 26.1% | 24.2% | 24.6% | 24.5% | 22.3% | 18.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $9.98B | $10.58B | $13.10B | $12.73B | $14.27B | $15.56B | $17.31B | $19.36B | $21.68B | $24.31B | $28.40B | $29.56B | $34.07B | $35.19B | $41.70B | $42.58B | $47.78B | $54.63B | $53.01B | $59.59B |
| Operating income | $6.98B | $7.85B | $5.26B | $6.36B | $7.86B | $8.46B | $9.25B | $9.62B | $10.27B | $11.02B | $12.93B | $15.21B | $17.34B | $19.68B | $22.41B | $23.97B | $28.43B | $32.36B | $32.29B | $18.96B |
| Operating margin | 9.8% | 10.4% | 6.5% | 7.3% | 8.4% | 8.3% | 8.4% | 7.9% | 7.9% | 7.0% | 7.0% | 7.6% | 7.7% | 8.1% | 8.7% | 8.3% | 8.8% | 8.7% | 8.1% | 4.2% |
| EBITDA | $7.65B | $8.64B | $6.24B | $7.35B | $8.93B | $9.59B | $10.56B | $11.00B | $11.75B | $12.71B | $14.98B | $17.45B | $19.77B | $22.41B | $25.30B | $27.07B | $31.84B | $36.33B | $28.08B | $23.06B |
| EBITDA margin | 10.7% | 11.5% | 7.7% | 8.4% | 9.5% | 9.4% | 9.5% | 9.0% | 9.0% | 8.1% | 8.1% | 8.7% | 8.7% | 9.3% | 9.8% | 9.4% | 9.8% | 9.8% | 7.0% | 5.2% |
| EBIT | $6.98B | $7.85B | $5.26B | $6.36B | $7.86B | $8.46B | $9.25B | $9.62B | $10.27B | $11.02B | $12.93B | $15.21B | $17.34B | $19.68B | $22.41B | $23.97B | $28.43B | $32.36B | $23.98B | $18.70B |
| Interest expense | $456.00M | $544.00M | $639.00M | $551.00M | $481.00M | $505.00M | $632.00M | $708.00M | $618.00M | $790.00M | $1.07B | $1.19B | $1.40B | $1.70B | $1.66B | $1.66B | $2.09B | $3.25B | $3.91B | $4.00B |
| Income tax | $2.37B | $2.65B | $1.65B | $1.99B | $2.75B | $2.82B | $3.10B | $3.24B | $4.04B | $4.36B | $4.79B | $3.20B | $3.56B | $3.74B | $4.97B | $4.58B | $5.70B | $5.97B | $4.83B | $1.89B |
| Effective tax rate | 36.3% | 36.3% | 35.6% | 34.2% | 37.2% | 35.4% | 35.9% | 36.6% | 41.8% | 42.9% | 40.6% | 23.3% | 22.9% | 21.3% | 24.4% | 20.9% | 22.1% | 21.1% | 25.1% | 13.6% |
| Net income | $4.16B | $4.65B | $2.98B | $3.82B | $4.63B | $5.14B | $5.53B | $5.63B | $5.62B | $5.81B | $7.02B | $10.56B | $11.99B | $13.84B | $15.40B | $17.29B | $20.12B | $22.38B | $14.40B | $12.06B |
| Net income growth (YoY) | — | +11.9% | -36.0% | +28.4% | +21.2% | +11.0% | +7.5% | +1.8% | -0.1% | +3.5% | +20.7% | +50.5% | +13.5% | +15.5% | +11.3% | +12.2% | +16.4% | +11.2% | -35.6% | -16.3% |
| Profit margin | 5.8% | 6.2% | 3.7% | 4.4% | 4.9% | 5.0% | 5.0% | 4.6% | 4.3% | 3.7% | 3.8% | 5.2% | 5.3% | 5.7% | 6.0% | 6.0% | 6.2% | 6.0% | 3.6% | 2.7% |