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UNHUnitedHealth Group Incorporated
$400.96$363.9B
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HomeStocksUNHEarnings History

UNH logoUnitedHealth Group Incorporated (UNH) Earnings History

Earnings Pressure

37 years of earnings data (1989–2025) · 5-year EPS trend is negative

TTM Net Income
$12.04B
● Profitable
TTM EPS (Diluted)
$13.24
Per share, diluted
YoY EPS Growth
-14.7%
Declining
Net Margin
2.7%
After-tax profitability
EPS Growth Rate (CAGR)
1Y-14.7%
3Y-14.5%
5Y-3.8%
10Y+8.2%
Operating Margin4.2%
Gross Margin18.5%
Return on Equity11.8%
Return on Assets4.0%
Record Annual Net Income$22.38BFY2023
Record Quarterly EPS$6.91Q2 2020
Consecutive Profitable Years27years
Q1 2026
Net Income$6.28B
EPS (Diluted)$6.90
YoY Growth-14.7%Declining
QoQ Growth+62700.0%Excellent

Loading earnings history...

UnitedHealth Group Incorporated (UNH) Earnings Overview

As of June 21, 2026, UnitedHealth Group Incorporated (UNH) reported trailing twelve-month net income of $12.04B, reflecting -14.7% year-over-year growth. The company earned $13.24 per diluted share over the past four quarters, with a net profit margin of 2.7%.

Looking at the long-term picture, UNH's 5-year EPS compound annual growth rate (CAGR) stands at -3.8%, signaling declining earnings. The company achieved its highest annual net income of $22.38B in fiscal 2023.

UnitedHealth Group Incorporated maintains positive profitability with a gross margin of 18.5%, operating margin of 4.2%, and net margin of 2.7%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including CVS ($2.93B net income, 0.4% margin), ELV ($5.24B net income, 2.8% margin), CI ($6.29B net income, 2.2% margin), UNH has outperformed on profitability metrics. Compare UNH vs CVS →

UNH Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
UNH logoUNHCurrent
$12.0B$13.242.7%11.8%-14.7%—
CVS logoCVS
$2.9B$2.290.4%2.3%-62.0%
ELV logoELV
$5.2B$23.792.8%13.3%-2.2%
CI logoCI
$6.3B$23.802.2%14.3%+82.9%
HUM logoHUM
$1.1B$9.370.9%7.0%-1.4%
CNC logoCNC
-$6.4B$-13.00-3.4%-28.7%-315.8%
Best in group
Lowest in group

UNH Historical Earnings Data (1989–2025)

37 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$12.06B-16.3%$18.96B$13.232.7%4.2%
2024$14.40B-35.6%$32.29B$15.513.6%8.1%
2023$22.38B+11.2%$32.36B$23.866.0%8.7%
2022$20.12B+16.4%$28.43B$21.186.2%8.8%
2021$17.29B+12.2%$23.97B$18.086.0%8.3%
2020$15.40B+11.3%$22.41B$16.036.0%8.7%
2019$13.84B+15.5%$19.68B$14.335.7%8.1%
2018$11.99B+13.5%$17.34B$12.195.3%7.7%
2017$10.56B+50.5%$15.21B$10.725.2%7.6%
2016$7.02B+20.7%$12.93B$7.253.8%7.0%
2015$5.81B+3.5%$11.02B$6.013.7%7.0%
2014$5.62B-0.1%$10.27B$5.704.3%7.9%
2013$5.63B+1.8%$9.62B$5.504.6%7.9%
2012$5.53B+7.5%$9.25B$5.285.0%8.4%
2011$5.14B+11.0%$8.46B$4.735.0%8.3%
2010$4.63B+21.2%$7.86B$4.104.9%8.4%
2009$3.82B+28.4%$6.36B$3.244.4%7.3%
2008$2.98B-36.0%$5.26B$2.403.7%6.5%
2007$4.65B+11.9%$7.85B$3.426.2%10.4%
2006$4.16B+34.9%$6.98B$2.975.8%9.8%
2005$3.08B+19.2%$5.08B$2.316.6%10.9%
2004$2.59B+56.3%$4.10B$1.837.0%11.0%
2003$1.66B+22.4%$2.67B$1.345.8%9.4%
2002$1.35B+48.1%$2.19B$1.075.4%8.7%
2001$913M+24.0%$1.57B$0.703.9%6.7%
2000$736M+29.6%$1.20B$0.553.5%5.7%
1999$568M+442.2%$943M$0.402.9%4.8%
1998-$166M-136.1%-$42M$-0.14-1.0%-0.2%
1997$460M+29.3%$742M$0.283.9%6.3%
1996$356M+24.4%$596M$0.223.5%5.9%
1995$286M-82.8%$461M$0.205.0%8.1%
1994$1.67B+755.7%$506M$1.1944.2%13.4%
1993$195M+70.4%$306M$0.167.7%12.1%
1992$114M+52.7%$178M$0.117.9%12.3%
1991$75M+120.6%$115M$0.078.8%13.6%
1990$34M+147.4%$55M$0.045.6%9.1%
1989$14M-$26M$0.023.3%6.3%

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UNH — Frequently Asked Questions

Quick answers to the most common questions about buying UNH stock.

What is UNH earnings per share (EPS)?

UNH trailing twelve-month (TTM) diluted EPS is $13.24, reflecting -14.7% year-over-year growth. The 5-year EPS CAGR is -3.8%. Complete EPS history from 1989 to 2025 is available in the table on this page.

What is UnitedHealth Group Incorporated's net income?

UnitedHealth Group Incorporated (UNH) trailing twelve-month net income is $12.0B as of 2025. Earnings declined -14.7% year-over-year. UnitedHealth Group Incorporated has been profitable for 27 consecutive years.

Is UNH profitable?

Yes, UNH is profitable with a TTM net income of $12.0B and a net profit margin of +2.7%. UnitedHealth Group Incorporated has generated profits for 27 consecutive years.

What is UNH's earnings growth rate?

UNH compound annual EPS growth rates (CAGR): 1-Year: -14.7%, 3-Year: -14.5%, 5-Year: -3.8%, 10-Year: +8.2%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.

What are UNH's profit margins?

UnitedHealth Group Incorporated net profit margin is +2.7%, operating margin is +4.2%, and gross margin is +18.5%. Below-average margins reflect competitive or cost pressures. Return on Equity is +11.8%.

Is UNH growing earnings?

UNH earnings are declining — EPS fell -14.7% year-over-year. TTM net income dropped to $12.0B. This contrasts with the 5-year CAGR of -3.8%.

What was UNH's best earnings year?

UnitedHealth Group Incorporated's highest annual net income on record is $22.4B, achieved in fiscal year 2023. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.

What were UNH's earnings last quarter?

UNH's most recent reported quarter was Q1 2026. Net income was $6.3B with diluted EPS of $6.90. For a full breakdown of all quarters, see the quarterly earnings table on this page.

UNH Earnings Over Time (1989–2025)

Net income & EPS — annual and quarterly view