UNH
$371.90+1.83%
as of close, Oct 2, 2026
☾ AH $371.90 +1.83%
UnitedHealth Group Incorporated Common Stock (DE)Stock · HealthcareDow Jones 4.7%S&P 500 0.6%Russell 1000 0.5%US Stock Market 0.5%Russell 3000 0.5%MSCI World 0.4%MSCI ACWI 0.4%S&P 500 Equal Weight 0.2%
UNH financial statements
The full income statement, balance sheet, and cash-flow statement for UnitedHealth Group Incorporated Common Stock (DE) (UNH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 923.4M2024-09 920.3M2024-12 914.7M2025-03 907.1M2025-06 905.7M2025-09 905.8M2025-12 907.7M2026-03 908.1M2026-06 897.6M-2.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 448B+11.8% | 400B+7.7% | 372B+14.6% | 324B+12.7% | 288B+11.8% | |
| Cost of revenue | 50.7B+8.5% | 46.7B+20.4% | 38.8B+15.0% | 33.7B+8.6% | 31.0B+0.9% | |
| Selling, general & administrative | 59.6B+12.4% | 53.0B-3.0% | 54.6B+14.3% | 47.8B+12.2% | 42.6B+2.1% | |
| Amortization of intangibles | 1.70B+0.0% | 1.70B+6.3% | 1.60B+23.1% | 1.30B+8.3% | 1.20B+9.1% | |
| Operating income | 19.0B-41.3% | 32.3B-0.2% | 32.4B+13.8% | 28.4B+18.6% | 24.0B+7.0% | |
| Interest expense | 4.00B+2.5% | 3.91B+20.3% | 3.25B+55.2% | 2.09B+26.0% | 1.66B-0.2% | |
| Pre-tax income | 14.7B-26.8% | 20.1B-31.1% | 29.1B+10.5% | 26.3B+18.1% | 22.3B+7.6% | |
| Income tax | 1.89B-60.9% | 4.83B-19.1% | 5.97B+4.6% | 5.70B+24.6% | 4.58B-7.9% | |
| 12.1B-16.3% | 14.4B-35.6% | 22.4B+11.2% | 20.1B+16.4% | 17.3B+12.2% | ||
| Net income to non-controlling interest | 751M-10.3% | 837M+9.7% | 763M+47.0% | 519M+16.1% | 447M+22.1% | |
| $13.23-14.7% | $15.51-35.0% | $23.86+12.7% | $21.18+17.1% | $18.08+12.8% | ||
| EPS (basic) | $13.28-15.1% | $15.64-35.2% | $24.12+12.3% | $21.47+17.1% | $18.33+12.9% | |
| Weighted-avg shares (basic) | 908M-1.4% | 921M-0.8% | 928M-1.0% | 937M-0.6% | 943M-0.6% | |
| Weighted-avg shares (diluted) | 911M-1.9% | 929M-1.0% | 938M-1.3% | 950M-0.6% | 956M-0.5% | |
| Dividends per share | $8.73+6.7% | $8.18+12.2% | $7.29+13.9% | $6.40+14.3% | $5.60+15.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 90.6B+5.6% | 85.8B+9.4% | 78.4B+13.6% | 69.1B+11.8% | 61.8B+15.0% | ||
| Cash & equivalents | 24.4B-3.7% | 25.3B-0.5% | 25.4B+8.8% | 23.4B+9.3% | 21.4B+26.3% | |
| Short-term investments | 3.76B-1.2% | 3.80B-9.5% | 4.20B-7.6% | 4.55B+79.5% | 2.53B-11.5% | |
| Accounts receivable | 23.0B+2.9% | 22.4B+5.1% | 21.3B+20.3% | 17.7B+24.4% | 14.2B+10.5% | |
| Inventory | 3.30B-13.2% | 3.80B+35.7% | 2.80B-20.0% | 3.50B+20.7% | 2.90B | |
| Prepaid expenses | 9.75B+18.7% | 8.21B+35.0% | 6.08B-8.1% | 6.62B+24.5% | 5.32B+19.4% | |
| 310B+3.8% | 298B+9.0% | 274B+11.4% | 246B+15.8% | 212B+7.6% | ||
| Property, plant & equipment | 10.8B+2.0% | 10.6B-7.8% | 11.4B+13.1% | 10.1B+12.9% | 8.97B+4.0% | |
| Goodwill | 110B+3.5% | 107B+2.9% | 104B+11.1% | 93.4B+23.2% | 75.8B+6.2% | |
| Intangible assets | 20.5B-12.0% | 23.3B+53.1% | 15.2B+5.5% | 14.4B+43.4% | 10.0B-7.5% | |
| Long-term investments | 54.3B+3.6% | 52.4B+10.0% | 47.6B+8.9% | 43.7B+1.4% | 43.1B+4.5% | |
| Other non-current assets | 23.0B+17.5% | 19.6B+13.3% | 17.3B+15.1% | 15.0B+20.0% | 12.5B+8.8% | |
| 115B+10.7% | 104B+4.8% | 99.1B+11.0% | 89.2B+14.0% | 78.3B+8.1% | ||
| Accrued liabilities | 38.0B+10.8% | 34.3B+7.4% | 32.0B+15.3% | 27.7B+12.5% | 24.6B+9.5% | |
| Deferred revenue | 3.41B+2.9% | 3.32B-1.1% | 3.35B+9.1% | 3.08B+19.6% | 2.57B-9.5% | |
| Short-term & current debt | 6.07B+33.5% | 4.54B+6.3% | 4.27B+37.4% | 3.11B-14.1% | 3.62B-24.9% | |
| Other current liabilities | 28.0B+2.6% | 27.3B+1.0% | 27.1B+3.0% | 26.3B+14.4% | 23.0B+12.7% | |
| 208B+6.2% | 196B+11.9% | 175B+9.7% | 159B+17.4% | 136B+7.1% | ||
| Long-term debt | 72.3B-0.1% | 72.4B+24.2% | 58.3B+6.9% | 54.5B+28.6% | 42.4B+9.7% | |
| Operating lease liability (total) | 4.62B-5.6% | 4.89B-0.2% | 4.90B+1.4% | 4.83B | — | |
| Deferred tax liabilities | 2.42B-33.1% | 3.62B+19.8% | 3.02B+9.1% | 2.77B-15.2% | 3.27B-3.0% | |
| Other non-current liabilities | 18.2B+14.5% | 15.9B+10.2% | 14.5B+12.6% | 12.8B+8.9% | 11.8B-4.3% | |
| 100B+1.9% | 98.3B+4.1% | 94.4B+15.9% | 81.5B+8.5% | 75.0B+9.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 9.00M+0.0% | 9.00M+0.0% | 9.00M+0.0% | 9.00M-10.0% | 10.0M+0.0% | |
| Additional paid-in capital | 559M | 0.00 | 0.00 | — | 0.00 | |
| Retained earnings | 95.6B-0.5% | 96.0B+0.3% | 95.8B+11.2% | 86.2B+11.7% | 77.1B+11.3% | |
| Accumulated other comprehensive income | -2.06B+39.1% | -3.39B+51.8% | -7.03B+16.3% | -8.39B-55.9% | -5.38B-41.2% | |
| Non-controlling interest | 5.98B+6.6% | 5.61B-1.0% | 5.67B+54.0% | 3.68B+12.0% | 3.29B+15.8% | |
| Total equity incl. non-controlling | 100B+1.9% | 98.3B+4.1% | 94.4B+15.9% | 81.5B+8.5% | 75.0B+9.8% | |
| Total liabilities & equity | 310B+3.8% | 298B+9.0% | 274B+11.4% | 246B+15.8% | 212B+7.6% | |
| Common shares issued | 906M-1.0% | 915M-1.0% | 924M-1.1% | 934M-0.7% | 941M-0.5% | |
| Common shares outstanding | 906M-1.0% | 915M-1.0% | 924M-1.1% | 934M-0.7% | 941M-0.5% | |
| Shares outstanding (cover) | 908M-0.8% | 915M-0.8% | 922M-1.2% | 933M-0.9% | 941M-0.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 19.7B-18.6% | 24.2B-16.7% | 29.1B+10.9% | 26.2B+17.3% | 22.3B+0.8% | ||
| Depreciation & amortization | 4.36B+6.4% | 4.10B+3.2% | 3.97B+16.8% | 3.40B+9.6% | 3.10B+7.3% | |
| Intangible amortization | 1.70B+0.0% | 1.70B+6.3% | 1.60B+23.1% | 1.30B+8.3% | 1.20B+9.1% | |
| Share-based compensation | 971M-4.6% | 1.02B-3.9% | 1.06B+14.5% | 925M+15.6% | 800M+17.8% | |
| Deferred income taxes | -1.75B-491.9% | -296M-20.8% | -245M+63.6% | -673M-617.7% | 130M+1725.0% | |
| Change in receivables | 764M-46.8% | 1.44B-53.9% | 3.11B+23.4% | 2.52B+152.3% | 1.00B+45.3% | |
| -8.69B+57.7% | -20.5B-31.8% | -15.6B+45.3% | -28.5B-174.5% | -10.4B+17.2% | ||
| Capital expenditure | 3.62B+3.5% | 3.50B+3.3% | 3.39B+20.8% | 2.80B+14.2% | 2.45B+19.6% | |
| Free cash flow | 16.1B-22.4% | 20.7B-19.4% | 25.7B+9.7% | 23.4B+17.7% | 19.9B-1.2% | |
| Acquisitions | 4.51B-66.4% | 13.4B+32.3% | 10.1B-52.8% | 21.5B+345.1% | 4.82B-32.5% | |
| Purchases of investments | 17.4B-36.4% | 27.3B+49.1% | 18.3B-2.7% | 18.8B+9.8% | 17.1B+3.4% | |
| Sales/maturities of investments | 8.45B-9.4% | 9.32B+1.0% | 9.23B+51.8% | 6.08B-26.3% | 8.25B+13.8% | |
| Other investing activities | 341M+248.0% | 98.0M+207.7% | -91.0M-111.5% | 793M-37.5% | 1.27B+74.6% | |
| -11.6B-231.5% | -3.51B+69.5% | -11.5B-372.8% | 4.23B+156.7% | -7.46B-107.7% | ||
| Long-term debt issued | 2.97B-83.3% | 17.8B+178.6% | 6.39B-56.9% | 14.8B+113.7% | 6.93B+42.5% | |
| Long-term debt repaid | 3.05B+1.7% | 3.00B+41.2% | 2.13B-29.5% | 3.02B-4.3% | 3.15B+0.0% | |
| Common stock issued | 827M-55.2% | 1.85B+36.4% | 1.35B+8.0% | 1.25B-7.5% | 1.35B-5.9% | |
| Common stock repurchased | 5.54B-38.4% | 9.00B+12.5% | 8.00B+14.3% | 7.00B+40.0% | 5.00B+17.6% | |
| Dividends paid | 7.92B+5.1% | 7.53B+11.4% | 6.76B+12.9% | 5.99B+13.5% | 5.28B+15.2% | |
| Other financing activities | 63.0M+103.8% | -1.65B-43.0% | -1.15B+40.8% | -1.94B-559.0% | -295M+35.7% | |
| FX effect on cash | 40.0M+165.6% | -61.0M-162.9% | 97.0M+185.3% | 34.0M+154.8% | -62.0M+46.6% | |
| Net change in cash | -947M-723.5% | -115M-105.6% | 2.06B+3.6% | 1.99B-55.3% | 4.45B-25.0% | |
| Interest paid | 4.03B+12.1% | 3.59B+18.4% | 3.04B+56.0% | 1.95B+17.7% | 1.65B-3.0% | |
| Income taxes paid | 3.71B-19.6% | 4.62B-24.0% | 6.08B+16.4% | 5.22B+31.7% | 3.97B-19.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 300B-35.2% | 463B-5.0% | 487B-1.7% | 495B+4.8% | 472B+42.5% | |
| P/E | 24.9×-22.6% | 32.1×+43.1% | 22.5×-11.9% | 25.5×-6.7% | 27.3×+27.0% | |
| P/S | 0.7×-42.1% | 1.2×-14.5% | 1.4×-14.0% | 1.6×-4.3% | 1.6×+27.4% | |
| P/B | 3.0×-36.4% | 4.7×-13.4% | 5.4×-14.3% | 6.3×+0.8% | 6.3×+29.8% | |
| P/FCF | 18.6×-16.6% | 22.3×+21.3% | 18.4×+16.5% | 15.8×-33.4% | 23.8×+44.2% | |
| Earnings yield | 4.0%+29.2% | 3.1%-30.1% | 4.5%+13.5% | 3.9%+7.2% | 3.7%-21.3% | |
| FCF yield | 5.4%+19.9% | 4.5%-17.6% | 5.4%-14.2% | 6.3%+50.2% | 4.2%-30.7% | |
| Dividend yield | 2.6%+63.5% | 1.6%+16.8% | 1.4%+14.7% | 1.2%+8.2% | 1.1%-19.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: UNH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all UNH filings on SEC EDGAR → Not investment advice.