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Companies / Health Care / UnitedHealth Group
UNH

UnitedHealth Group

Health CareInsuranceS&P 500
Ticker UNHEDEN PRAIRIE, MNFiscal year ends DecemberBook value per share $108.42Diluted shares 908.0M

UnitedHealth Group Incorporated (NYSE: UNH) is a health care and well-being company with two complementary businesses, Optum and UnitedHealthcare. Optum provides care delivery, pharmacy services, data and analytics, technology, consulting and health care operations to patients, providers, employers, health plans,… From the company’s description.

In fiscal 2025, UnitedHealth Group reported revenue of $447.57B, up 11.8% from fiscal 2024, and net income of $12.81B. Its operating margin was 4.2%, and operations generated $19.70B in cash. Over the twelve months to Jun 30, 2026, revenue was $450.13B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$447.57BFY2025
+11.8% year over year
Last 12 mo $450.13B
4.24%FY2025
−3.8 percentage points
Last 12 mo 4.82%
$12.81BFY2025
−16.0% year over year
Last 12 mo $14.91B
12.81%FY2025
−2.7 percentage points
Last 12 mo 14.34%
Cash & financing
$19.70BFY2025
−18.6% year over year
Last 12 mo $27.02B
$16.07BFY2025
−22.4% year over year
Last 12 mo $23.62B
0.83FY2025
Was 0.83× a year earlier
Last 12 mo 0.74
911.0MFY2025
−1.9% year over year
Last 12 mo 908.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What UnitedHealth Group does

In the company’s own words

UnitedHealth Group Incorporated (NYSE: UNH) is a health care and well-being company with two complementary businesses, Optum and UnitedHealthcare. Optum provides care delivery, pharmacy services, data and analytics, technology, consulting and health care operations to patients, providers, employers, health plans, governments and life sciences companies. UnitedHealthcare offers health benefit plans and services to employers, individuals, Medicare-eligible consumers and people served by Medicaid and other public programs. The company reports four segments: Optum Health, Optum Insight, Optum Rx and UnitedHealthcare. Optum Health delivers clinical care, care management and health financial services; Optum Insight provides information, technology and managed services; Optum Rx offers pharmacy care services; and UnitedHealthcare provides health benefits. As of December 31, 2025, the company had more than 390,000 employees, including nearly 165,000 clinical professionals. Its website is www.unitedhealthgroup.com.

Company details
Sector
Health Care
Industry (SIC)
Insurance
Headquarters
EDEN PRAIRIE, MN
Fiscal year end
December
CIK
731766
SIC
6324

Financial performance, year by year

Fiscal 2013–2025 · USD
$-45.01B$90.03B$225.06B$360.10B$495.14B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns UnitedHealth Group — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.5K
funds hold it
6 of 35
superinvestors hold it
$133.73B
held by funds, at market
37.5%
of shares held by funds
66
bond issues held by funds

Superinvestors in UnitedHealth Group · what they did last quarter

Ruane CunniffDECREASED -3.1%
Ruane, Cunniff & Goldfarb (Sequoia)
4.6%of 13F portfolio
Bill SmeadDECREASED -5.4%
Smead Capital Management
2.9%of 13F portfolio
Chase ColemanDECREASED -15.1%
Tiger Global Management
0.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · UnitedHealth Group’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.52%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.59%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.58%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
5.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

UnitedHealth Group’s bonds, as funds hold them

Funds report holding 66 issues of UnitedHealth Group’s debt, $10.47B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.68%, maturing 2026 to 2064.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do UnitedHealth Group and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of UnitedHealth Group's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in UnitedHealth Group's last four quarterly filings that the numbers alone won't show?”
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