Stock Analysis on Net
Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

Common-Size Income Statement
Quarterly Data

UnitedHealth Group Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Premiums 77.06 78.08 78.58 78.95 78.53 79.18 78.96 79.87 78.97 80.23 79.83 80.31 78.91 79.30 79.46 79.56 77.79 78.54 79.93 79.06
Products 13.58 12.74 12.48 12.06 12.13 11.33 11.60 11.27 11.47 11.43 11.86 11.71 12.29 12.12 11.92 11.96 13.36 13.55 13.35 13.16
Services 9.37 9.18 8.94 9.00 9.34 9.49 9.44 8.87 9.56 8.34 8.30 7.99 8.81 8.58 8.62 8.49 8.84 7.91 6.73 7.78
Revenues, customers 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Medical costs -67.54 -66.50 -66.89 -66.54 -66.74 -65.18 -65.66 -65.67 -65.41 -65.48 -65.09 -65.83 -66.03 -65.85 -65.78 -64.38 -64.72 -64.29 -56.12 -64.01
Cost of products sold -12.56 -11.93 -11.59 -11.19 -10.93 -10.31 -10.62 -10.32 -10.15 -10.33 -10.74 -10.64 -10.97 -10.86 -10.82 -10.86 -11.72 -12.25 -12.14 -12.00
Cost of revenues -80.09% -78.44% -78.48% -77.74% -77.67% -75.49% -76.28% -75.99% -75.56% -75.82% -75.83% -76.47% -77.00% -76.71% -76.60% -75.24% -76.44% -76.54% -68.25% -76.01%
Gross profit 19.91% 21.56% 21.52% 22.26% 22.33% 24.51% 23.72% 24.01% 24.44% 24.18% 24.17% 23.53% 23.00% 23.29% 23.40% 24.76% 23.56% 23.46% 31.75% 23.99%
Investment and other income 1.56 1.66 1.02 1.02 1.26 1.09 1.21 0.88 1.04 0.64 0.37 0.46 1.11 0.70 0.79 0.65 0.68 0.54 0.55 0.57
Operating costs -12.59 -13.39 -13.45 -14.25 -14.30 -15.16 -15.04 -14.95 -15.88 -14.51 -14.63 -14.29 -15.46 -14.93 -14.64 -14.66 -17.71 -15.71 -16.18 -15.63
Depreciation and amortization -1.05 -1.05 -1.04 -1.01 -1.04 -1.10 -1.11 -1.06 -1.20 -1.03 -1.00 -0.99 -1.06 -1.11 -1.10 -1.09 -1.13 -1.11 -1.16 -1.13
Earnings from operations 7.83% 8.78% 8.05% 8.03% 8.25% 9.33% 8.78% 8.87% 8.41% 9.28% 8.91% 8.71% 7.60% 7.95% 8.45% 9.66% 5.41% 7.18% 14.95% 7.80%
Interest expense -1.01 -1.08 -1.01 -0.85 -0.89 -0.91 -0.90 -0.83 -0.83 -0.64 -0.58 -0.54 -0.59 -0.59 -0.58 -0.57 -0.62 -0.61 -0.70 -0.68
Loss on sale of subsidiary and subsidiaries held for sale 0.02 -0.02 -1.25 -7.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings before income taxes 6.84% 7.68% 5.79% 0.00% 7.36% 8.42% 7.88% 8.05% 7.59% 8.64% 8.33% 8.17% 7.01% 7.36% 7.87% 9.09% 4.79% 6.57% 14.26% 7.12%
Provision for income taxes -1.01 -1.37 -1.27 -1.24 -1.27 -1.81 -1.71 -1.71 -1.60 -1.94 -1.83 -1.72 -1.26 -1.53 -1.69 -1.96 -1.17 -1.54 -3.42 -1.71
Net earnings (loss) 5.83% 6.31% 4.52% -1.24% 6.09% 6.61% 6.16% 6.34% 5.99% 6.70% 6.50% 6.45% 5.75% 5.83% 6.18% 7.14% 3.62% 5.03% 10.84% 5.41%
Earnings attributable to noncontrolling interests -0.24 -0.20 -0.21 -0.19 -0.24 -0.22 -0.20 -0.18 -0.18 -0.15 -0.16 -0.15 -0.16 -0.15 -0.15 -0.17 -0.22 -0.13 -0.10 -0.13
Net earnings (loss) attributable to UnitedHealth Group common shareholders 5.58% 6.11% 4.31% -1.43% 5.85% 6.39% 5.96% 6.16% 5.81% 6.55% 6.33% 6.30% 5.58% 5.69% 6.03% 6.97% 3.40% 4.90% 10.74% 5.28%

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Income statement item Description The company
Earnings from operations The net result for the period of deducting operating expenses from operating revenues. UnitedHealth Group Inc. earnings from operations as a percentage of revenues, customers increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. UnitedHealth Group Inc. earnings before income taxes as a percentage of revenues, customers increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
Net earnings (loss) attributable to UnitedHealth Group common shareholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. UnitedHealth Group Inc. net earnings (loss) attributable to UnitedHealth Group common shareholders as a percentage of revenues, customers increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.