UNITEDHEALTH GROUP INCORPORATED (Delaware) (UNH) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2025. As a lea...
UNITEDHEALTH GROUP INCORPORATED (Delaware)'s revenue increased 11.8% year over year, from $400.28B to $447.57B.
Net income decreased 16.3% over the same period, from $14.40B to $12.06B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 142% in total.
Total debt remained relatively stable at $78.39B.
The debt-to-equity ratio stands at 0.78, indicating a moderate leverage profile.
Operating cash flow declined 18.6% to $19.70B.
UNITEDHEALTH GROUP INCORPORATED (Delaware) maintains a moderate net profit margin of 2.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $100.82B+2.0% | $6.05B | $88.99B | $8.71B | $13.95B | $299.31B | $78.01B | $99.88B |
| Q4 FY2024 | $100.81B-0.0% | $5.54B | $88.34B | $7.77B | $2.37B | $298.28B | $76.90B | $98.27B |
| Q1 FY2025 | $109.58B+8.7% | $6.29B | $97.19B | $9.12B | $5.46B | $309.79B | $81.27B | $100.81B |
| Q2 FY2025 | $111.62B+1.9% | $3.41B | $98.60B | $5.15B | $7.19B | $308.57B | $79.19B | $100.47B |
| Q3 FY2025 | $113.16B+1.4% | $2.35B | $100.59B | $4.32B | $5.95B | $315.27B | $80.14B | $101.57B |
| Q4 FY2025 | $113.22B+0.0% | $10.0M | $100.53B | $380.0M | $1.11B | $309.58B | $78.39B | $100.09B |
| Q1 FY2026 | $111.72B-1.3% | $6.28B | $98.90B | $8.99B | $8.91B | $312.64B | $77.92B | $105.32B |
| Q2 FY2026 | $112.03B+0.3% | $5.48B | $98.66B | $7.99B | $11.05B | $309.73B | $73.33B | $105.95B |
Balance Sheet Summary (Q2 FY2026)
UNITEDHEALTH GROUP INCORPORATED (Delaware) (UNH) Financial Statements & Revenue History
UNITEDHEALTH GROUP INCORPORATED (Delaware) (UNH) is a US-listed stock operating in the Healthcare sector, specifically the Healthcare Plans industry trading at $400.99 with a market capitalization of $360. This page provides 42 historical financial statements for UNITEDHEALTH GROUP INCORPORATED (Delaware), including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, UNITEDHEALTH GROUP INCORPORATED (Delaware) reported revenue of $447.6 billion, representing 11.8% year-over-year growth. The net profit margin of 2.7% suggests thin margins. The debt-to-equity ratio of 0.78 reflects moderate leverage.
UNH Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows UNITEDHEALTH GROUP INCORPORATED (Delaware)'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether UNH is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track UNH's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently UNITEDHEALTH GROUP INCORPORATED (Delaware) converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of UNH's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use UNH Financial Data
Investors use UNITEDHEALTH GROUP INCORPORATED (Delaware)'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare UNH's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how UNH's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View UNH's financial health score, earnings, and pre-market pricing.
Financial data is sourced from UNITEDHEALTH GROUP INCORPORATED (Delaware)'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.UNH trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.