UNITEDHEALTH GROUP INC

10-K & 10-Q Filings

UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and improve the health system. Its two businesses, Optum and UnitedHealthcare, serve different parts of the health care marketplace. Optum provides information and technology-enabled health services, including patient-centered care, data analytics, and pharmacy care services. UnitedHealthcare offers health benefits to consumers and employers, with a focus on improving health outcomes and reducing costs. The company operates in four reportable segments: Optum Health, Optum Insight, Optum Rx, and UnitedHealthcare. UnitedHealth Group's website is [www.unitedhealthgroup.com], and its ticker symbol is UNH.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$101862.00
110618.00
122489.00
130474.00
157107.00
184840.00
201159.00
226247.00
242155.00
257141.00
287597.00
324162.00
371622.00
11.39%14.64%Premiums Earned (+)
$91983.00
99728.00
109557.00
115302.00
127163.00
144118.00
158453.00
178087.00
189699.00
201478.00
226233.00
257157.00
290827.00
10.07%13.09%Cost of Revenue (-)
$2385.00
2523.00
2839.00
3784.00
16206.00
24416.00
24112.00
26998.00
28117.00
30745.00
31034.00
33703.00
38770.00
26.16%15.03%Selling, General & Administrative (-)
$15557.00
17306.00
19362.00
21681.00
24312.00
28401.00
29557.00
34074.00
35193.00
41704.00
42579.00
47782.00
54628.00
11.03%14.33%Depreciation & Amortization (-)
$1124.00
1309.00
1375.00
1478.00
1693.00
2055.00
2245.00
2428.00
2720.00
2891.00
3103.00
3400.00
3972.00
11.09%16.82%Operating Expenses (-)
$91013.00
98841.00
110027.00
116416.00
129880.00
147494.00
161838.00
181905.00
194353.00
203991.00
232593.00
262024.00
300494.00
10.47%14.68%Costs & Expenses (Total) (-)
$93398.00
101364.00
112866.00
120200.00
146086.00
171910.00
185950.00
208903.00
222470.00
234736.00
263627.00
295727.00
339264.00
11.35%14.72%Operating Income/Loss (+)
$8464.00
9254.00
9623.00
10274.00
11021.00
12930.00
15209.00
17344.00
19685.00
22405.00
23970.00
28435.00
32358.00
11.82%13.80%Non-operating Income/Expense (+)
$654.00
680.00
745.00
779.00
710.00
828.00
1023.00
1376.00
1886.00
1502.00
2324.00
2030.00
4089.00
16.50%101.43%Interest Expense (-)
$505.00
632.00
708.00
618.00
790.00
1067.00
1186.00
1400.00
1704.00
1663.00
1660.00
2092.00
3246.00
16.77%55.16%Earnings before Tax (+)
$7959.00
8622.00
8915.00
9656.00
10231.00
11863.00
14023.00
15944.00
17981.00
20742.00
22310.00
26343.00
29112.00
11.41%10.51%Tax Expense (-)
$2817.00
3096.00
3242.00
4037.00
4363.00
4790.00
3200.00
3562.00
3742.00
4973.00
4578.00
5704.00
5968.00
6.46%4.63%Income/Loss (Continuing Operations) (+)
$5142.00
5526.00
5673.00
5619.00
5868.00
7073.00
10823.00
12382.00
14239.00
15769.00
17732.00
20639.00
23144.00
13.36%12.14%Profit/Loss (+)
$
5673.00
5619.00
5868.00
7073.00
10823.00
12382.00
14239.00
15769.00
17732.00
20639.00
23144.00
12.14%Net Income/Loss (NCI) (-)
$
48.00
55.00
56.00
265.00
396.00
400.00
366.00
447.00
519.00
763.00
47.01%Net Income/Loss (+)
$5142.00
5526.00
5625.00
5619.00
5813.00
7017.00
10558.00
11986.00
13839.00
15403.00
17285.00
20120.00
22381.00
13.04%11.24%Net Income/Loss (Common) (+)
$5142.00
5526.00
5625.00
5619.00
5813.00
7017.00
10558.00
11986.00
13839.00
15403.00
17285.00
20120.00
22381.00
13.04%11.24%EPS (Basic)
$4.81
5.38
5.59
5.78
6.10
7.37
10.95
12.45
14.55
16.23
18.33
21.47
24.12
14.38%12.34%EPS (Diluted)
$4.73
5.28
5.50
5.70
6.01
7.25
10.72
12.19
14.33
16.03
18.08
21.18
23.86
14.44%12.65%Weighted Avg Shares (Basic)
1070.00
1027.00
1006.00
972.00
953.00
952.00
964.00
963.00
951.00
949.00
943.00
937.00
928.00
-1.18%-0.96%Weighted Avg Shares (Diluted)
1087.00
1046.00
1023.00
986.00
967.00
968.00
985.00
983.00
966.00
961.00
956.00
950.00
938.00
-1.22%-1.26%Cash
$9429.00
8406.00
7276.00
7495.00
10923.00
10430.00
11981.00
10866.00
10985.00
16921.00
21375.00
23365.00
25427.00
8.62%8.83%Short-term Investments
$2577.00
3031.00
1937.00
1741.00
1988.00
2845.00
3509.00
3458.00
3260.00
2860.00
2532.00
4546.00
4201.00
4.16%-7.59%Receivables
$2294.00
2709.00
3052.00
4252.00
6523.00
8152.00
9568.00
11388.00
11822.00
12870.00
14216.00
17681.00
21276.00
20.39%20.33%Prepaid Expenses (Current)
$615.00
781.00
930.00
1052.00
1546.00
1848.00
2663.00
3086.00
3851.00
4457.00
5320.00
6621.00
6084.00
21.04%-8.11%Securities & Long-term Investments
$16166.00
17711.00
19605.00
18827.00
18792.00
23868.00
28341.00
32510.00
37209.00
41242.00
43114.00
43728.00
47609.00
9.42%8.88%Property, Plant & Equipment (Net)
$2515.00
3939.00
4010.00
4418.00
4861.00
5901.00
7013.00
8458.00
8704.00
8626.00
8969.00
10128.00
11450.00
13.46%13.05%Goodwill & Intangibles
$26770.00
35968.00
35448.00
36609.00
52844.00
56125.00
63045.00
68235.00
76008.00
82193.00
85839.00
107753.00
118926.00
13.23%10.37%Other Assets
$7523.00
8340.00
9624.00
11988.00
13906.00
13641.00
12938.00
14220.00
22050.00
28120.00
30841.00
31883.00
38747.00
14.64%21.53%Assets (Total)
$67889.00
80885.00
81882.00
86382.00
111383.00
122810.00
139058.00
152221.00
173889.00
197289.00
212206.00
245705.00
273720.00
12.32%11.40%Accounts Payable
$6853.00
6984.00
7458.00
9247.00
11994.00
13361.00
15180.00
16705.00
19005.00
22495.00
24643.00
27715.00
31958.00
13.69%15.31%Debt (Current)
$982.00
2713.00
1969.00
1399.00
6634.00
7193.00
2857.00
1973.00
3870.00
4819.00
3620.00
3110.00
4274.00
13.04%37.43%Insurance Liabilities
$17307.00
18358.00
19319.00
20493.00
24624.00
18915.00
17871.00
19891.00
21690.00
21872.00
24483.00
29056.00
32395.00
5.36%11.49%Debt (Non-current)
$10656.00
14041.00
14891.00
16007.00
25460.00
25777.00
28835.00
34581.00
36808.00
38648.00
42383.00
54513.00
58263.00
15.21%6.88%Other Liabilities
$3799.00
7611.00
6096.00
6782.00
8946.00
19387.00
24482.00
24752.00
32080.00
41127.00
40598.00
49861.00
52409.00
24.45%5.11%Liabilities (Total)
$39597.00
49707.00
49733.00
53928.00
77658.00
84633.00
89225.00
97902.00
113453.00
128961.00
135727.00
164255.00
179299.00
13.41%9.16%Retained Earnings
$27821.00
30664.00
33047.00
33836.00
37125.00
40945.00
48730.00
55846.00
61178.00
69295.00
77134.00
86156.00
95774.00
10.85%11.16%AOCI
$461.00
438.00
-908.00
-1392.00
-3334.00
-2681.00
-2667.00
-4160.00
-3578.00
-3814.00
-5384.00
-8393.00
-7027.00
16.28%Shareholder's Equity
$28292.00
31178.00
32149.00
32454.00
33725.00
38177.00
49833.00
54319.00
60436.00
68328.00
75045.00
81450.00
94421.00
10.56%15.93%Liabilities & Equity
$67889.00
80885.00
81882.00
86382.00
111383.00
122810.00
139058.00
152221.00
173889.00
197289.00
212206.00
245705.00
273720.00
12.32%11.40%Net Income/Loss
$5142.00
5526.00
5673.00
5619.00
5868.00
7073.00
10823.00
12382.00
14239.00
15769.00
17732.00
20639.00
23144.00
13.36%12.14%Depreciation & Amortization
$1124.00
1309.00
1375.00
1478.00
1693.00
2055.00
2245.00
2428.00
2720.00
2891.00
3103.00
3400.00
3972.00
11.09%16.82%Increase/Decrease in Working Capital
$-309.00
178.00
306.00
-367.00
-2849.00
-1875.00
-3851.00
-294.00
-683.00
-2895.00
-1522.00
-2246.00
-1643.00
26.85%Share-based Compensation
$401.00
421.00
331.00
364.00
406.00
485.00
597.00
638.00
697.00
679.00
800.00
925.00
1059.00
8.43%14.49%Adjustments to Reconcile Net Income
$1826.00
1629.00
1318.00
2432.00
3872.00
2722.00
2773.00
3331.00
4224.00
6405.00
4611.00
5567.00
5924.00
10.30%6.41%Net Cash (Operating)
$6968.00
7155.00
6991.00
8051.00
9740.00
9795.00
13596.00
15713.00
18463.00
22174.00
22343.00
26206.00
29068.00
12.64%10.92%Capital Expenditure
$2477.00
7669.00
1478.00
3370.00
17720.00
3465.00
4154.00
8060.00
10414.00
9190.00
7275.00
20846.00
12837.00
14.70%-38.42%Net Cash (Investing)
$-4172.00
-8649.00
-3089.00
-2534.00
-18395.00
-9355.00
-8599.00
-12385.00
-12699.00
-12532.00
-10372.00
-28476.00
-15574.00
45.31%Increase/Decrease in Debt
$552.00
4365.00
152.00
391.00
14607.00
990.00
-2615.00
4134.00
3994.00
2586.00
3103.00
18084.00
3759.00
17.34%-79.21%Increase/Decrease in Equity
$-2613.00
-2006.00
-2572.00
-3546.00
-798.00
-851.00
-812.00
-3662.00
-4463.00
-2810.00
-3645.00
-5747.00
-6647.00
-15.66%Interest Expenses
$472.00
600.00
724.00
644.00
639.00
1055.00
1133.00
1410.00
1627.00
1704.00
1653.00
1945.00
3035.00
16.78%56.04%Dividends Paid
$651.00
820.00
1056.00
1362.00
1786.00
2261.00
2773.00
3320.00
3932.00
4584.00
5280.00
5991.00
6761.00
21.54%12.85%Net Cash (Financing)
$-2490.00
471.00
-4946.00
-5293.00
12239.00
-1011.00
-3441.00
-4365.00
-5625.00
-3590.00
-7455.00
4226.00
-11529.00
-372.81%Cash Taxes Paid
$2739.00
2666.00
2785.00
4024.00
4401.00
4726.00
4004.00
3257.00
3542.00
4935.00
3966.00
5222.00
6078.00
6.87%16.39%Effect of Exchange Rate
$
-86.00
-5.00
-156.00
78.00
-5.00
-78.00
-20.00
-116.00
-62.00
34.00
97.00
185.29%Increase/Decrease in Cash
$306.00
-1023.00
-1130.00
219.00
3428.00
-493.00
1551.00
-1115.00
119.00
5936.00
4454.00
1990.00
2062.00
17.23%3.62%Cash (Beginning)
$9123.00
9429.00
8406.00
7276.00
7495.00
10923.00
10430.00
11981.00
10866.00
10985.00
16921.00
21375.00
23365.00
8.15%9.31%Cash (Ending)
$9429.00
8406.00
7276.00
7495.00
10923.00
10430.00
11981.00
10866.00
10985.00
16921.00
21375.00
23365.00
25427.00
8.62%8.83%NOPAT
$5551.21
6392.58
6616.82
5992.46
6280.17
7778.93
10866.36
13801.01
15807.34
17074.33
19708.91
22798.30
25602.30
13.59%12.30%Gross Margin %
97.66%
97.72%
97.68%
97.10%
89.68%
86.79%
88.01%
88.07%
88.39%
88.04%
89.21%
89.60%
89.57%
Operating Margin %
8.31%
8.37%
7.86%
7.87%
7.01%
7.00%
7.56%
7.67%
8.13%
8.71%
8.33%
8.77%
8.71%
NOPAT Margin %
5.45%
5.78%
5.40%
4.59%
4.00%
4.21%
5.40%
6.10%
6.53%
6.64%
6.85%
7.03%
6.89%
Net Margin %
5.05%
5.00%
4.59%
4.31%
3.70%
3.80%
5.25%
5.30%
5.71%
5.99%
6.01%
6.21%
6.02%
Tax Rate %
34.41%
30.92%
31.24%
41.67%
43.02%
39.84%
28.55%
20.43%
19.70%
23.79%
17.78%
19.82%
20.88%
ROA
8.18%
7.90%
8.08%
6.94%
5.64%
6.33%
7.81%
9.07%
9.09%
8.65%
9.29%
9.28%
9.35%
ROE
19.62%
20.50%
20.58%
18.46%
18.62%
20.38%
21.81%
25.41%
26.16%
24.99%
26.26%
27.99%
27.12%
ROIC
15.97%
14.26%
15.30%
13.44%
9.71%
11.26%
13.74%
16.17%
17.11%
16.65%
17.74%
16.54%
16.93%
Asset Turnover
1.50
1.37
1.50
1.51
1.41
1.51
1.45
1.49
1.39
1.30
1.36
1.32
1.36
Equity Multiplier
2.40
2.59
2.55
2.66
3.30
3.22
2.79
2.80
2.88
2.89
2.83
3.02
2.90
Current Ratio
1.90
1.54
1.40
1.37
1.13
1.13
1.54
1.54
1.31
1.36
1.54
1.69
1.57
Quick Ratio
1.83
1.46
1.30
1.27
1.04
1.04
1.39
1.38
1.14
1.20
1.35
1.48
1.40
Debt/Equity Ratio
0.41
0.54
0.52
0.54
0.95
0.86
0.64
0.67
0.67
0.64
0.61
0.71
0.66
Interest Coverage Ratio
17.93
15.42
13.29
15.95
17.25
12.26
13.42
12.30
12.10
13.15
14.50
14.62
10.66
Working Capital/Sales
0.05
0.04
0.03
0.03
0.04
0.04
0.04
0.04
0.03
0.05
0.06
0.06
0.06
Dividend Payout Ratio %
11.73%
12.83%
15.96%
22.73%
28.44%
29.07%
25.52%
24.06%
24.87%
26.85%
26.79%
26.28%
26.41%
Total Payout
$3184.00
-939.00
4200.00
5161.00
-11384.00
3177.00
7333.00
4258.00
6028.00
6512.00
7475.00
-4401.00
12684.00
12.21%388.21%Payout Ratio %
57.36%
-14.69%
63.47%
86.12%
-181.27%
40.84%
67.48%
30.85%
38.13%
38.14%
37.93%
-19.30%
49.54%