UnitedHealth Group Incorporated (UNH)

UnitedHealth Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	371,622	324,162	287,597	257,141	242,155
Revenue Growth (YoY)	14.64%	12.71%	11.84%	6.19%	7.03%
Cost of Revenue	280,664	244,545	217,945	190,141	184,557
Gross Profit	90,958	79,617	69,652	67,000	57,598
Selling, General & Admin	54,628	47,782	42,579	41,704	35,193
Other Operating Expenses	3,972	3,400	3,103	2,891	2,720
Operating Expenses	58,600	51,182	45,682	44,595	37,913
Operating Income	32,358	28,435	23,970	22,405	19,685
Interest Expense / Income	3,246	2,092	1,660	1,663	1,704
Other Expense / Income	763	519	447	366	400
Pretax Income	28,349	25,824	21,863	20,376	17,581
Income Tax	5,968	5,704	4,578	4,973	3,742
Net Income	22,381	20,120	17,285	15,403	13,839
Net Income Growth	11.24%	16.40%	12.22%	11.30%	15.46%
Shares Outstanding (Basic)	928	937	943	949	951
Shares Outstanding (Diluted)	938	950	956	961	966
Shares Change	-1.26%	-0.63%	-0.52%	-0.52%	-1.73%
EPS (Basic)	24.12	21.47	18.33	16.23	14.55
EPS (Diluted)	23.86	21.18	18.08	16.03	14.33
EPS Growth	12.65%	17.15%	12.79%	11.86%	17.56%
Free Cash Flow	25,682	23,404	19,889	20,123	16,392
Free Cash Flow Per Share	27.68	24.98	21.09	21.20	17.24
Dividend Per Share	7.290	6.400	5.600	4.830	4.140
Dividend Growth	13.91%	14.29%	15.94%	16.67%	20.00%
Gross Margin	24.48%	24.56%	24.22%	26.06%	23.79%
Operating Margin	8.71%	8.77%	8.33%	8.71%	8.13%
Profit Margin	6.02%	6.21%	6.01%	5.99%	5.71%
Free Cash Flow Margin	6.91%	7.22%	6.92%	7.83%	6.77%
Effective Tax Rate	21.05%	22.09%	20.94%	24.41%	21.28%
EBITDA	35,567	31,316	26,626	24,930	22,005
EBITDA Margin	9.57%	9.66%	9.26%	9.70%	9.09%
Depreciation & Amortization	3,972	3,400	3,103	2,891	2,720
EBIT	31,595	27,916	23,523	22,039	19,285
EBIT Margin	8.50%	8.61%	8.18%	8.57%	7.96%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).