UnitedHealth Group Incorporated (UNH)

UnitedHealth Group Income Statement

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

Quarter Ended	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	+81 Quarters
Revenue	94,427	92,361	92,903	91,931	82,787	80,894	80,332	80,149	73,743	72,337	71,321	70,196	65,467	65,115	62,138	64,421	60,901	60,351	60,595	60,308	58,417	56,556	56,086	55,188	52,061	50,322	50,053	48,723	47,535	46,293	46,485	44,527	43,599	41,489	36,263	35,756	33,433	32,759	32,574	31,708	Upgrade
Revenue Growth (YoY)	14.06%	14.18%	15.65%	14.70%	12.26%	11.83%	12.63%	14.18%	12.64%	11.09%	14.78%	8.96%	7.50%	7.89%	2.55%	6.82%	4.25%	6.71%	8.04%	9.28%	12.21%	12.39%	12.05%	13.27%	9.52%	8.70%	7.68%	9.42%	9.03%	11.58%	28.19%	24.53%	30.41%	26.65%	11.32%	12.77%	7.44%	6.97%	7.12%	4.51%	Upgrade
Cost of Revenue	72,425	68,973	70,016	69,250	61,905	60,941	60,689	61,010	56,159	55,104	54,206	52,476	49,704	49,571	42,179	48,687	45,787	45,668	46,782	46,320	44,580	42,876	42,898	42,047	39,686	38,269	38,438	37,755	36,004	35,165	35,978	34,307	34,085	31,841	27,251	26,904	24,860	24,047	24,452	24,100	Upgrade
Gross Profit	22,002	23,388	22,887	22,681	20,882	19,953	19,643	19,139	17,584	17,233	17,115	17,720	15,763	15,544	19,959	15,734	15,114	14,683	13,813	13,988	13,837	13,680	13,188	13,141	12,375	12,053	11,615	10,968	11,531	11,128	10,507	10,220	9,514	9,648	9,012	8,852	8,573	8,712	8,122	7,608	Upgrade
Selling, General & Admin	13,339	13,855	13,809	13,625	13,009	11,663	11,709	11,401	11,272	10,725	10,359	10,223	11,514	10,174	10,001	10,015	9,301	8,960	8,415	8,517	8,703	8,479	8,386	8,506	7,820	7,387	7,328	7,022	7,817	7,033	6,793	6,758	6,562	6,178	5,738	5,834	5,427	5,436	5,206	5,194	Upgrade
Other Operating Expenses	974	1,007	1,021	970	982	828	802	788	771	796	778	758	732	719	717	723	718	709	654	639	637	611	598	582	578	578	556	533	527	515	511	502	484	452	379	378	381	373	364	360	Upgrade
Operating Expenses	14,313	14,862	14,830	14,595	13,991	12,491	12,511	12,189	12,043	11,521	11,137	10,981	12,246	10,893	10,718	10,738	10,019	9,669	9,069	9,156	9,340	9,090	8,984	9,088	8,398	7,965	7,884	7,555	8,344	7,548	7,304	7,260	7,046	6,630	6,117	6,212	5,808	5,809	5,570	5,554	Upgrade
Operating Income	7,689	8,526	8,057	8,086	6,891	7,462	7,132	6,950	5,541	5,712	5,978	6,739	3,517	4,651	9,241	4,996	5,095	5,014	4,744	4,832	4,497	4,590	4,204	4,053	3,977	4,088	3,731	3,413	3,187	3,580	3,203	2,960	2,468	3,018	2,895	2,640	2,765	2,903	2,552	2,054	Upgrade
Interest Expense / Income	830	834	828	754	676	516	467	433	431	422	410	397	401	395	430	437	437	449	418	400	374	353	344	329	308	294	301	283	268	269	271	259	260	229	151	150	151	152	155	160	Upgrade
Other Expense / Income	220	197	183	163	147	122	129	121	120	105	106	116	140	84	59	83	127	91	92	90	124	96	88	88	104	76	66	19	24	10	6	16	34	21	-	-	-	-	-	-	Upgrade
Pretax Income	6,639	7,495	7,046	7,169	6,068	6,824	6,536	6,396	4,990	5,185	5,462	6,226	2,976	4,172	8,752	4,476	4,531	4,474	4,234	4,342	3,999	4,141	3,772	3,636	3,565	3,718	3,364	3,111	2,895	3,301	2,926	2,685	2,174	2,768	2,744	2,490	2,614	2,751	2,397	1,894	Upgrade
Income Tax	1,184	1,654	1,572	1,558	1,307	1,562	1,466	1,369	919	1,099	1,196	1,364	764	1,000	2,115	1,094	990	936	941	875	959	953	850	800	-52	1,233	1,080	939	1,211	1,333	1,172	1,074	956	1,171	1,159	1,077	1,104	1,149	989	795	Upgrade
Net Income	5,455	5,841	5,474	5,611	4,761	5,262	5,070	5,027	4,071	4,086	4,266	4,862	2,212	3,172	6,637	3,382	3,541	3,538	3,293	3,467	3,040	3,188	2,922	2,836	3,617	2,485	2,284	2,172	1,684	1,968	1,754	1,611	1,218	1,597	1,585	1,413	1,510	1,602	1,408	1,099	Upgrade
Net Income Growth	14.58%	11.00%	7.97%	11.62%	16.95%	28.78%	18.85%	3.39%	84.04%	28.81%	-35.72%	43.76%	-37.53%	-10.34%	101.55%	-2.45%	16.48%	10.98%	12.70%	22.25%	-15.95%	28.29%	27.93%	30.57%	114.79%	26.27%	30.22%	34.82%	38.26%	23.23%	10.66%	14.01%	-19.34%	-0.31%	12.57%	28.57%	5.82%	2.04%	-1.95%	-7.80%	Upgrade
Shares Outstanding (Basic)	922	926	930	933	934	935	937	941	940	943	944	945	949	950	949	949	948	949	950	958	963	962	961	966	970	968	964	954	952	952	951	953	953	953	952	954	957	969	979	983	Upgrade
Shares Outstanding (Diluted)	932	936	940	943	947	948	950	954	956	955	956	957	961	962	960	962	963	963	964	975	980	983	982	987	991	989	985	975	968	969	967	967	967	967	966	969	974	982	991	996	Upgrade
Shares Change	-1.58%	-1.27%	-1.05%	-1.15%	-0.94%	-0.73%	-0.63%	-0.31%	-0.52%	-0.73%	-0.42%	-0.52%	-0.21%	-0.10%	-0.41%	-1.33%	-1.73%	-2.03%	-1.83%	-1.22%	-1.11%	-0.61%	-0.30%	1.23%	2.38%	2.06%	1.86%	0.83%	0.10%	0.21%	0.10%	-0.21%	-0.72%	-1.53%	-2.52%	-2.71%	-3.94%	-4.10%	-3.41%	-3.21%	Upgrade
EPS (Basic)	5.92	6.31	5.89	6.01	5.10	5.63	5.41	5.34	4.33	4.33	4.52	5.14	2.33	3.34	6.99	3.56	3.73	3.73	3.47	3.62	3.16	3.31	3.04	2.94	3.73	2.57	2.37	2.28	1.77	2.07	1.84	1.69	1.28	1.68	1.66	1.48	1.57	1.65	1.44	1.12	Upgrade
EPS (Diluted)	5.85	6.24	5.82	5.95	5.03	5.55	5.34	5.27	4.26	4.28	4.46	5.08	2.30	3.30	6.91	3.52	3.68	3.67	3.42	3.56	3.10	3.24	2.98	2.87	3.66	2.51	2.32	2.23	1.74	2.03	1.81	1.67	1.26	1.65	1.64	1.46	1.55	1.63	1.42	1.10	Upgrade
EPS Growth	16.30%	12.43%	8.99%	12.90%	18.08%	29.67%	19.73%	3.74%	85.22%	29.70%	-35.46%	44.32%	-37.50%	-10.08%	102.05%	-1.12%	18.71%	13.27%	14.77%	24.04%	-15.30%	29.08%	28.45%	28.70%	110.34%	23.65%	28.18%	33.53%	38.10%	23.03%	10.37%	14.38%	-18.71%	1.23%	15.49%	32.73%	9.93%	6.54%	1.43%	-5.17%	Upgrade
Free Cash Flow	-6,152	6,064	10,203	15,567	-5,399	17,825	6,214	4,764	2,523	6,951	4,978	5,437	5,527	2,570	9,552	2,474	5,555	2,706	5,459	2,672	1,838	396	3,524	7,892	-3,209	7,080	1,753	5,949	-1,894	6,796	1,295	1,893	3,027	2,441	820	1,896	2,025	2,795	651	1,055	Upgrade
Free Cash Flow Per Share	-6.67	6.55	10.97	16.68	-5.78	19.06	6.63	5.06	2.68	7.37	5.27	5.75	5.82	2.71	10.06	2.61	5.86	2.85	5.75	2.79	1.91	0.41	3.67	8.17	-3.31	7.31	1.82	6.24	-1.99	7.14	1.36	1.99	3.18	2.56	0.86	1.99	2.12	2.88	0.67	1.07	Upgrade
Dividend Per Share	1.880	1.880	1.880	1.650	1.650	1.650	1.650	1.450	1.450	1.450	1.450	1.250	1.250	1.250	1.250	1.080	1.080	1.080	1.080	0.900	0.900	0.900	0.900	0.750	0.750	0.750	0.750	0.625	0.625	0.625	0.625	0.500	0.500	0.500	0.500	0.375	0.375	0.375	0.375	0.280	Upgrade
Dividend Growth	13.94%	13.94%	13.94%	13.79%	13.79%	13.79%	13.79%	16.00%	16.00%	16.00%	16.00%	15.74%	15.74%	15.74%	15.74%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	20.00%	25.00%	25.00%	25.00%	25.00%	33.33%	33.33%	33.33%	33.33%	33.93%	33.93%	33.93%	33.93%	32.08%	Upgrade
Gross Margin	23.30%	25.32%	24.64%	24.67%	25.22%	24.67%	24.45%	23.88%	23.84%	23.82%	24.00%	25.24%	24.08%	23.87%	32.12%	24.42%	24.82%	24.33%	22.80%	23.19%	23.69%	24.19%	23.51%	23.81%	23.77%	23.95%	23.21%	22.51%	24.26%	24.04%	22.60%	22.95%	21.82%	23.25%	24.85%	24.76%	25.64%	26.59%	24.93%	23.99%	Upgrade
Operating Margin	8.14%	9.23%	8.67%	8.80%	8.32%	9.22%	8.88%	8.67%	7.51%	7.90%	8.38%	9.60%	5.37%	7.14%	14.87%	7.76%	8.37%	8.31%	7.83%	8.01%	7.70%	8.12%	7.50%	7.34%	7.64%	8.12%	7.45%	7.00%	6.70%	7.73%	6.89%	6.65%	5.66%	7.27%	7.98%	7.38%	8.27%	8.86%	7.83%	6.48%	Upgrade
Profit Margin	5.78%	6.32%	5.89%	6.10%	5.75%	6.50%	6.31%	6.27%	5.52%	5.65%	5.98%	6.93%	3.38%	4.87%	10.68%	5.25%	5.81%	5.86%	5.43%	5.75%	5.20%	5.64%	5.21%	5.14%	6.95%	4.94%	4.56%	4.46%	3.54%	4.25%	3.77%	3.62%	2.79%	3.85%	4.37%	3.95%	4.52%	4.89%	4.32%	3.47%	Upgrade
Free Cash Flow Margin	-6.52%	6.57%	10.98%	16.93%	-6.52%	22.04%	7.74%	5.94%	3.42%	9.61%	6.98%	7.75%	8.44%	3.95%	15.37%	3.84%	9.12%	4.48%	9.01%	4.43%	3.15%	0.70%	6.28%	14.30%	-6.16%	14.07%	3.50%	12.21%	-3.98%	14.68%	2.79%	4.25%	6.94%	5.88%	2.26%	5.30%	6.06%	8.53%	2.00%	3.33%	Upgrade
Effective Tax Rate	17.83%	22.07%	22.31%	21.73%	21.54%	22.89%	22.43%	21.40%	18.42%	21.20%	21.90%	21.91%	25.67%	23.97%	24.17%	24.44%	21.85%	20.92%	22.22%	20.15%	23.98%	23.01%	22.53%	22.00%	-1.46%	33.16%	32.10%	30.18%	41.83%	40.38%	40.05%	40.00%	43.97%	42.30%	42.24%	43.25%	42.23%	41.77%	41.26%	41.97%	Upgrade
EBITDA	8,443	9,336	8,895	8,893	7,726	8,168	7,805	7,617	6,192	6,403	6,650	7,381	4,109	5,286	9,899	5,636	5,686	5,632	5,306	5,381	5,010	5,105	4,714	4,547	4,451	4,590	4,221	3,927	3,690	4,085	3,708	3,446	2,918	3,449	3,274	3,018	3,146	3,276	2,916	2,414	Upgrade
EBITDA Margin	8.94%	10.11%	9.57%	9.67%	9.33%	10.10%	9.72%	9.50%	8.40%	8.85%	9.32%	10.51%	6.28%	8.12%	15.93%	8.75%	9.34%	9.33%	8.76%	8.92%	8.58%	9.03%	8.40%	8.24%	8.55%	9.12%	8.43%	8.06%	7.76%	8.82%	7.98%	7.74%	6.69%	8.31%	9.03%	8.44%	9.41%	10.00%	8.95%	7.61%	Upgrade
Depreciation & Amortization	974	1,007	1,021	970	982	828	802	788	771	796	778	758	732	719	717	723	718	709	654	639	637	611	598	582	578	578	556	533	527	515	511	502	484	452	379	378	381	373	364	360	Upgrade
EBIT	7,469	8,329	7,874	7,923	6,744	7,340	7,003	6,829	5,421	5,607	5,872	6,623	3,377	4,567	9,182	4,913	4,968	4,923	4,652	4,742	4,373	4,494	4,116	3,965	3,873	4,012	3,665	3,394	3,163	3,570	3,197	2,944	2,434	2,997	2,895	2,640	2,765	2,903	2,552	2,054	Upgrade
EBIT Margin	7.91%	9.02%	8.48%	8.62%	8.15%	9.07%	8.72%	8.52%	7.35%	7.75%	8.23%	9.44%	5.16%	7.01%	14.78%	7.63%	8.16%	8.16%	7.68%	7.86%	7.49%	7.95%	7.34%	7.18%	7.44%	7.97%	7.32%	6.97%	6.65%	7.71%	6.88%	6.61%	5.58%	7.22%	7.98%	7.38%	8.27%	8.86%	7.83%	6.48%	Upgrade

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).