UnitedHealth Group Incorporated (UNH) FY2024 Annual P&L / Income Statement

Revenue by Business Segment

2024-01-01 to 2024-12-31

Swipe to see the full flow
UnitedHealth Group Incorporated (UNH) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue and operating expenses use the reported business segments, including every corporate reconciling item.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETUnitedHealthcareOptum RxOptum HealthOptum InsightTotal revenuesRevenue before reconciliation (calculated)Optum EliminationsCorporate and EliminationsEarnings from operationsTotal operating costsUnitedHealthcare costsReconciling items (calculated)Optum Rx costsOptum Health costsOptum Insight costsEarnings before income taxesOther income (expense), net (calculated)Net earningsProvision for income taxesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$555.55 BEarnings from operationsEarnings fromoperations$32.29 BEarnings before income taxesEarnings beforeincome taxes$20.07 BTotal revenuesTotal revenues$400.28 BNet earningsNet earnings$15.24 BTotal operating costsTotal operating costs$367.99 BUnitedHealthcareUnitedHealthcare$298.21 BProvision for income taxesProvision forincome taxes$4.83 BOther income (expense), net (calculated)Other income,net (calculated)−$12.22 BUnitedHealthcare costsUnitedHealthcare costs$282.62 BOptum RxOptum Rx$133.23 BReconciling items (calculated)Reconciling items (calculated)−$155.28 BOptum HealthOptum Health$105.36 BOptum EliminationsOptum Eliminations−$4.39 BOptum InsightOptum Insight$18.76 BOptum Rx costsOptum Rx costs$127.40 BCorporate and EliminationsCorporate andEliminations−$150.89 BOptum Health costsOptum Health costs$97.59 BOptum Insight costsOptum Insight costs$15.66 B
Chart details

UnitedHealth Group Incorporated (UNH) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue and operating expenses use the reported business segments, including every corporate reconciling item.

Total revenues
400,278,000,000 US dollars
Total operating costs
367,991,000,000 US dollars
Earnings from operations
32,287,000,000 US dollars
Other income (expense), net (calculated)
negative 12,216,000,000 US dollars
Earnings before income taxes
20,071,000,000 US dollars
Provision for income taxes
4,829,000,000 US dollars
Net earnings
15,242,000,000 US dollars
Optum Health
105,358,000,000 US dollars
Optum Insight
18,757,000,000 US dollars
Optum Rx
133,231,000,000 US dollars
UnitedHealthcare
298,208,000,000 US dollars
Optum Health costs
97,588,000,000 US dollars
Optum Insight costs
15,660,000,000 US dollars
Optum Rx costs
127,395,000,000 US dollars
UnitedHealthcare costs
282,624,000,000 US dollars
Reconciling items (calculated)
negative 155,276,000,000 US dollars
Revenue before reconciliation (calculated)
555,554,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Optum Eliminations
negative 4,389,000,000 US dollars. Reported reconciliation to consolidated revenue.
Corporate and Eliminations
negative 150,887,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to UnitedHealth Group Incorporated: $14.41 B; to noncontrolling interests: $837.00 M.
UnitedHealth Group Incorporated (UNH) FY2024 Annual Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

8.1%

Operating profit / revenue

Cash conversion

158.8%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!