Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +8.1% EPS YoY: +1.4% Move: -0.09%

UnitedHealth Group

UNH

$276.41 -0.09%

Exchange NYSE Sector Healthcare Industry Medical Healthcare Plans

Q4 2024

Published: Feb 27, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for UNH

Reported

Report Date

Feb 27, 2025

Quarter Q4 2024

Revenue

100.81B

YoY: +8.1%

EPS

5.98

YoY: +1.4%

Market Move

-0.09%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $100.81B up 8.1% year-over-year
EPS of $5.98 increased by 1.4% from previous year
Gross margin of 21.1%
Net income of 5.54B
"'We deliver on our commitments to the people we serve, including our investors.' - Andrew Witty" - Andrew Witty

UNH

UnitedHealth Group Incorporated

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

In Q4 2024, UnitedHealth Group achieved revenues of approximately $100.8 billion, a year-over-year increase of 8.11%. Although the net income dipped to $5.54 billion, indicating a decline of 1.61% year-on-year, the performance was solid within the company’s guidance amid various macroeconomic pressures, including CMS Medicare rate cuts. Management highlighted significant operational efficiencies and strategic investments aimed at enhancing consumer experiences and expanding value-based care models. The company remains steadfast in its commitment to continuous improvement and innovations in digitized healthcare delivery, anticipating strong performance leading into 2025.

Key Performance Indicators

Revenue

Increasing

100.81B

QoQ: 1.64% | YoY: 8.11%

Gross Profit

Increasing

21.31B

21.14% margin

QoQ: -0.36% | YoY: 2.33%

Operating Income

Increasing

7.77B

QoQ: -10.74% | YoY: 1.09%

Net Income

Increasing

5.54B

QoQ: -8.46% | YoY: 1.61%

EPS

Increasing

5.98

QoQ: -8.84% | YoY: 1.36%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: $100.8 billion (YoY increase of 8.11% and QoQ increase of 1.64%)
- Net Income: $5.54 billion (YoY decrease of 1.61%)
- Earnings Per Share (EPS): $5.98 (YoY increase of 1.36%)
- Operating Income: $7.77 billion with an operating margin of 7.71%
- Medical Care Ratio (MLR): Expected 86.5% in FY 2025; driven by anticipated IRA impacts and the second year of Medicare funding cuts.
- Free Cash Flow: $1.46 billion
- Debt to Capitalization: 45.4%
These metrics illustrate a sturdy financial position despite challenges, featuring a successful response to unforeseen pressures and continued prioritization of key growth areas such as Optum Health and digital engagement tools.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	100.81B	8.11%	1.64%
Gross Profit	21.31B	2.33%	-0.36%
Operating Income	7.77B	1.09%	-10.74%
Net Income	5.54B	1.61%	-8.46%
EPS	5.98	1.36%	-8.84%

Key Financial Ratios

Gross Profit Margin

Fair

21.10%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Fair

7.71%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

5.50%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

1.86%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

5.98%

Return on equity is acceptable but below top-tier companies

Current Ratio

Concern

0.83

Current ratio below safe levels, potential liquidity risk

Debt to Equity

Elevated

0.83

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Fair Value

21.15x

P/E ratio in line with market averages

Price to Book

Premium

5.06x

Trading at premium to book value, reflects strong intangibles or growth

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	100,807.00	5.98	+8.1%	View
Q3 2024	99,177.00	6.51	+8.6%	View
Q2 2024	97,858.00	4.54	+6.6%	View
Q1 2024	98,785.00	-1.53	+8.4%	View
Q4 2023	93,248.00	5.83	+13.8%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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