UnitedHealth Group Incorporated

UNH Healthcare Healthcare Plans

UnitedHealth Group Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $447.6 billion, up 11.8% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 61.5%, free cash flow grew 62.7% and total debt fell 5.43%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for ten.

377.76 0.76 −0.20%
Market cap
$339.1B
P/E
24.3×
Fwd P/E
23.3×
Dividend yield
2.40%
F-score
6/9
Altman Z
2.84
Beneish M
−2.41
Dividend safety
76/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
447,567.00 400,278.00 371,622.00 324,162.00 287,597.00 257,141.00 242,155.00 226,247.00 201,159.00 184,840.00
Revenue Growth
11.81% 7.71% 14.64% 12.71% 11.84% 6.19% 7.03% 12.47% 8.83% 17.65%
Cost of Revenue
364,650.00 310,879.00 280,664.00 244,545.00 217,945.00 190,141.00 184,557.00 172,401.00 154,148.00 141,454.00
Gross Profit
82,917.00 89,399.00 90,958.00 79,617.00 69,652.00 67,000.00 57,598.00 53,846.00 47,011.00 43,386.00
Operating Income
18,964.00 32,287.00 32,358.00 28,435.00 23,970.00 22,405.00 19,685.00 17,344.00 15,209.00 12,930.00
Non-operating Income/Expense
(4,267.00) (12,216.00) (3,246.00) (2,092.00) (1,660.00) (1,663.00) (1,704.00) (1,400.00) (1,186.00) (1,067.00)
Non-operating Interest Expenses
4,002.00 3,906.00 3,246.00 2,092.00 1,660.00 1,663.00 1,704.00 1,400.00 1,186.00 1,067.00
EBT
14,697.00 20,071.00 29,112.00 26,343.00 22,310.00 20,742.00 17,981.00 15,944.00 14,023.00 11,863.00
Income Tax Provision
1,890.00 4,829.00 5,968.00 5,704.00 4,578.00 4,973.00 3,742.00 3,562.00 3,200.00 4,790.00
Income after Tax
12,807.00 15,242.00 23,144.00 20,639.00 17,732.00 15,769.00 14,239.00 12,382.00 10,823.00 7,073.00
Non-Controlling Interest
751.00 837.00 763.00 519.00 447.00 366.00 400.00 396.00 265.00 56.00
Net Income Common
12,056.00 14,405.00 22,381.00 20,120.00 17,285.00 15,403.00 13,839.00 11,986.00 10,558.00 7,017.00
EPS (Basic)
13.23 15.51 23.86 21.18 18.08 16.03 14.33 12.19 10.72 7.48
EPS (Diluted)
13.23 15.51 23.86 21.18 18.08 16.03 14.33 12.19 10.72 7.48
Shares (Basic, Weighted)
908.00 921.00 928.00 937.00 943.00 949.00 951.00 963.00 964.00 952.00
Shares (Diluted, Weighted)
911.00 929.00 938.00 950.00 956.00 961.00 966.00 983.00 985.00 968.00
Gross Margin
18.53% 22.33% 24.48% 24.56% 24.22% 26.06% 23.79% 23.80% 23.37% 23.47%
EBIT Margin
4.24% 8.07% 8.71% 8.77% 8.33% 8.71% 8.13% 7.67% 7.56% 7.00%
EBT margin
3.28% 5.01% 7.83% 8.13% 7.76% 8.07% 7.43% 7.05% 6.97% 6.42%
Net Profit Margin
2.69% 3.60% 6.02% 6.21% 6.01% 5.99% 5.71% 5.30% 5.25% 3.80%
Free Cash Flow Margin
3.59% 5.17% 6.91% 7.22% 6.92% 7.83% 6.77% 6.03% 5.75% 4.38%
EBITDA
23,325.00 36,386.00 36,330.00 31,835.00 27,073.00 25,296.00 22,405.00 19,772.00 17,454.00 14,985.00
EBIT
18,964.00 32,287.00 32,358.00 28,435.00 23,970.00 22,405.00 19,685.00 17,344.00 15,209.00 12,930.00
Income from Continuous Operations
12,807.00 15,242.00 23,144.00 20,639.00 17,732.00 15,769.00 14,239.00 12,382.00 10,823.00 7,073.00
Consolidated Net Income/Loss
12,807.00 15,242.00 23,144.00 20,639.00 17,732.00 15,769.00 14,239.00 12,382.00 10,823.00 7,073.00
EPS (Basic, from Continuous Ops)
14.10 16.55 24.94 22.03 18.80 16.62 14.97 12.86 11.23 7.43
EPS (Basic, Consolidated)
14.10 16.55 24.94 22.03 18.80 16.62 14.97 12.86 11.23 7.43
EPS (Diluted, from Cont. Ops)
14.06 16.41 24.67 21.73 18.55 16.41 14.74 12.60 10.99 7.31
Shares (Diluted, Average)
911.00 929.00 938.00 950.00 956.00 961.00 966.00 983.00 985.00 968.00
EPS (Diluted, Consolidated)
14.06 16.41 24.67 21.73 18.55 16.41 14.74 12.60 10.99 7.31
EBITDA Margin
5.21% 9.09% 9.78% 9.82% 9.41% 9.84% 9.25% 8.74% 8.68% 8.11%
Operating Cash Flow Margin
4.40% 6.05% 7.82% 8.08% 7.77% 8.62% 7.62% 6.95% 6.76% 5.30%

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In millions of $ except per-share values · columns are period end dates