Operating Profit Margin
since 2005
Calculation
UnitedHealth Group Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Earnings from operations1 | ÷ | Revenues, customers1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 8.80% | = | 100 | × | 32,358) | ÷ | 367,533) |
| Dec 31, 2022 | 8.83% | = | 100 | × | 28,435) | ÷ | 322,132) |
| Dec 31, 2021 | 8.40% | = | 100 | × | 23,970) | ÷ | 285,273) |
| Dec 31, 2020 | 8.76% | = | 100 | × | 22,405) | ÷ | 255,639) |
| Dec 31, 2019 | 8.19% | = | 100 | × | 19,685) | ÷ | 240,269) |
| Dec 31, 2018 | 7.71% | = | 100 | × | 17,344) | ÷ | 224,871) |
| Dec 31, 2017 | 7.60% | = | 100 | × | 15,209) | ÷ | 200,136) |
| Dec 31, 2016 | 7.03% | = | 100 | × | 12,930) | ÷ | 184,012) |
| Dec 31, 2015 | 7.05% | = | 100 | × | 11,021) | ÷ | 156,397) |
| Dec 31, 2014 | 7.92% | = | 100 | × | 10,274) | ÷ | 129,695) |
| Dec 31, 2013 | 7.90% | = | 100 | × | 9,623) | ÷ | 121,744) |
| Dec 31, 2012 | 8.42% | = | 100 | × | 9,254) | ÷ | 109,938) |
| Dec 31, 2011 | 8.36% | = | 100 | × | 8,464) | ÷ | 101,208) |
| Dec 31, 2010 | 8.41% | = | 100 | × | 7,864) | ÷ | 93,546) |
| Dec 31, 2009 | 7.35% | = | 100 | × | 6,359) | ÷ | 86,546) |
| Dec 31, 2008 | 6.54% | = | 100 | × | 5,263) | ÷ | 80,415) |
| Dec 31, 2007 | 10.57% | = | 100 | × | 7,849) | ÷ | 74,287) |
| Dec 31, 2006 | 9.88% | = | 100 | × | 6,984) | ÷ | 70,671) |
| Dec 31, 2005 | 11.98% | = | 100 | × | 5,373) | ÷ | 44,866) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
UnitedHealth Group Inc., operating profit margin, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 8.80% | 16.15% | 4.40% | 3.85% | 3.81% | 24.80% | 17.56% |
| Dec 31, 2022 | 8.83% | 19.16% | 4.69% | 2.41% | 4.11% | 25.35% | 18.15% |
| Dec 31, 2021 | 8.40% | 19.56% | 4.60% | 4.54% | 3.80% | 31.89% | 14.89% |
| Dec 31, 2020 | 8.76% | 15.48% | 5.12% | 5.19% | 6.56% | 24.09% | 16.57% |
| Dec 31, 2019 | 8.19% | 14.21% | 5.31% | 4.69% | 4.96% | 30.69% | 20.51% |
| Dec 31, 2018 | 7.71% | 11.94% | 8.82% | 2.07% | 5.50% | 32.21% | 22.20% |
| Dec 31, 2017 | 7.60% | 6.30% | 9.71% | 5.15% | 7.99% | 33.71% | 17.94% |
| Dec 31, 2016 | 7.03% | 15.27% | 0.00% | 5.84% | 3.22% | 34.95% | 18.35% |
| Dec 31, 2015 | 7.05% | 14.05% | 0.00% | 6.18% | 4.36% | 31.04% | 18.59% |
| Dec 31, 2014 | 7.92% | 12.84% | 0.00% | 6.31% | 4.91% | 25.56% | 22.42% |
| Dec 31, 2013 | 7.90% | 12.03% | 0.00% | 6.34% | 5.03% | 37.64% | 26.53% |
| Dec 31, 2012 | 8.42% | 20.28% | 0.00% | 5.87% | 5.20% | 40.30% | 0.00% |
| Dec 31, 2011 | 8.36% | 14.81% | 0.00% | 5.91% | 6.43% | 39.54% | 0.00% |
| Dec 31, 2010 | 8.41% | 17.31% | 0.00% | 6.39% | 5.53% | 39.29% | 0.00% |
| Dec 31, 2009 | 7.35% | 20.27% | 0.00% | 6.52% | 5.57% | 35.87% | 0.00% |
| Dec 31, 2008 | 6.54% | 19.28% | 0.00% | 6.91% | 3.74% | 35.53% | 0.00% |
| Dec 31, 2007 | 10.57% | 17.67% | 0.00% | 6.28% | 5.44% | 34.41% | 0.00% |
| Dec 31, 2006 | 9.88% | 9.09% | 0.00% | 5.57% | 3.91% | 28.81% | 0.00% |
| Dec 31, 2005 | 11.98% | 19.53% | 0.00% | 5.46% | 3.23% | 30.25% | 0.00% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).