UnitedHealth Group Incorporated (UNH) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 18.5% | 4.2% | 3.2% |
| 2024 | 22.3% | 8.1% | 3.6% |
| 2023 | 24.5% | 8.7% | 6.0% |
| 2022 | 24.6% | 8.8% | 6.2% |
| 2021 | 24.2% | 8.3% | 6.0% |
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UnitedHealth Group Incorporated (UNH) Earnings Overview
As of March 2, 2026, UnitedHealth Group Incorporated (UNH) reported trailing twelve-month net income of $14.23B, reflecting +0.0% year-over-year growth. The company earned $15.63 per diluted share over the past four quarters, with a net profit margin of 0.0%.
Looking at the long-term picture, UNH's 5-year EPS compound annual growth rate (CAGR) stands at -0.6%, 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 0.2%, operating margin of 0.0%, and net margin of 0.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including CVS ($1.77B net income, 0.0% margin), CI ($6.15B net income, 0.0% margin), UNH has outperformed on profitability metrics. Compare UNH vs CVS →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
UNHCurrent | $14.2B | $15.63 | 0.0% | 0.1% | +0.0% | — |
CVS | $1.8B | $1.38 | 0.0% | 0.0% | -0.6% | |
CI | $6.1B | $22.92 | 0.0% | 0.1% | -0.3% |
Historical Data
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.23B | -1.2% | $18.96B | $15.58 | 3.2% | 4.2% |
| 2024 | $14.40B | -35.6% | $32.29B | $15.51 | 3.6% | 8.1% |
| 2023 | $22.38B | +11.2% | $32.36B | $23.86 | 6.0% | 8.7% |
| 2022 | $20.12B | +16.4% | $28.43B | $21.18 | 6.2% | 8.8% |
| 2021 | $17.29B | +12.2% | $23.97B | $18.08 | 6.0% | 8.3% |
| 2020 | $15.40B | +11.3% | $22.41B | $16.03 | 6.0% | 8.7% |
| 2019 | $13.84B | +15.5% | $19.68B | $14.33 | 5.7% | 8.1% |
| 2018 | $11.99B | +13.5% | $17.34B | $12.19 | 5.3% | 7.7% |
| 2017 | $10.56B | +50.5% | $15.21B | $10.72 | 5.2% | 7.6% |
| 2016 | $7.02B | +20.7% | $12.93B | $7.25 | 3.8% | 7.0% |
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Start ComparisonFrequently Asked Questions
Is UNH growing earnings?
UNH TTM EPS: $15.63. Net income: $14.2B. Earnings growth: +0.0%.
What are UNH's profit margins?
UnitedHealth Group Incorporated net margin is +0.0%, with operating margin at +0.0%. Below-average margins reflect competitive or cost pressures.
How consistent are UNH's earnings?
UNH earnings data spans 1989-2025. The current earnings trend is +0.0% YoY. Historical data enables comparison across business cycles.