Company Analysis

Unitedhealth Group Incorporated (UNH)

NYSE: UNH · Hospital & Medical Service Plans · Eden Prairie, MN · filing with the SEC since 1995
Grade5.2
◀ Past 4.8● Present 5.5▶ Future 5.3
The companyfiscal 2025, as filed
Revenue$447.6B+11.8%
Net income$12.06B-16.3%
Earnings per share$13.23-14.7%
Operating cash flow$19.70B-18.6%
Cash$24.36B-3.7%
Debt$72.32B-0.1%
Shareholders’ equity$100.1B+1.9%
Shares, diluted911.0M-1.9%
Return on equity12.0%
The recordfrom its filings
Filings in 2026135
Newest filingNov 9 · 8-K
Annual reportMar 2, 2026
Quarterly reportNov 3, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$900,000
Insider buys, 12 months$0.00
Patents granted318
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $449.7BNet income $15.88BCash from operations $26.20Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

UnitedHealth Group reported on 13 October 2026 that third-quarter revenue was $112.7 billion, a little below the $113.2 billion of a year earlier, while earnings from operations rose to $6.6 billion from $4.3 billion 1. The medical care ratio, the share of premiums paid out for patients' care, fell to 88.4 percent from 89.9 percent 1. The company raised its 2026 outlook to adjusted earnings of at least $20.50 per share 1.

The company credits medical cost management, benefit design changes and pricing discipline, after a 2025 in which its prices fell well short of what care actually cost 12. It is also smaller: UnitedHealthcare served 48.3 million people, and its Medicare Advantage rolls for seniors have shrunk by 935,000 since the end of 2025 1. Optum Health's revenue fell 10 percent as it served fewer patients under value-based care, contracts where it takes a set monthly sum and carries the cost of a patient's care 12.

The open questions sit in Washington: in July 2025 the company said it had begun complying with formal criminal and civil requests from the Justice Department about its part in Medicare 6. Medicare's 2027 rates came in at an average increase of 2.48 percent for its private plans, far above the 0.09 percent proposed in January, Home Health Care News reported 20.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 9, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Nov 3, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 13, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
Oct 5, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 5, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 5, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 5, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
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SI Assistanton UNH · research, not advice