UnitedHealth Group Incorporated

NYSE-UNH

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Premiums and Annuity Revenues						189,699	201,478	226,233	257,157	290,827	300,452
Total Interest And Dividend Income						1,886	1,502	1,484	1,819	3,813	3,908
Gain (Loss) on Sale of Investments, Total			—	—	—	—	—	840	211	276	276
Non-Insurance Activities Revenues						31,597	34,145	34,437	37,424	42,583	45,785
Other Revenues, Total						18,973	20,016	24,603	27,551	34,123	35,018
Total Revenues						242,155	257,141	287,597	324,162	371,622	385,439
Total Revenues % Chg.						7%	6.2%	11.8%	12.7%	14.6%	10.6%
Policy Benefits						156,440	159,396	186,911	210,842	241,894	252,974
Depreciation & Amortization - (Collected)						2,720	2,891	3,103	3,400	3,972	3,998
Selling General & Admin Expenses, Total						35,193	41,704	42,579	47,782	54,628	54,433
Non-Insurance Activities Expenses						28,117	30,745	31,034	33,703	38,770	42,013
Total Operating Expenses						222,470	234,736	263,627	295,727	339,264	353,418
Operating Income						19,685	22,405	23,970	28,435	32,358	32,021
Interest Expense, Total						-1,704	-1,663	-1,660	-2,092	-3,246	-3,493
EBT, Excl. Unusual Items						17,981	20,742	22,310	26,343	29,112	28,528
Gain (Loss) on Sale of Assets	—	—	—	—	—	—	—	—	—	—	-8,311
EBT, Incl. Unusual Items						17,981	20,742	22,310	26,343	29,112	20,217
Income Tax Expense						3,742	4,973	4,578	5,704	5,968	5,304
Earnings From Continuing Operations						14,239	15,769	17,732	20,639	23,144	14,913
Minority Interest	—					-400	-366	-447	-519	-763	-810
Net Income						13,839	15,403	17,285	20,120	22,381	14,103
Net Income to Common Incl Extra Items						13,839	15,403	17,285	20,120	22,381	14,103
Net Income to Common Excl. Extra Items						13,839	15,403	17,285	20,120	22,381	14,103
Total Shares Outstanding						948	946	941	934	924	921
Weighted Avg. Shares Outstanding						951	949	943	937	928	923
Weighted Avg. Shares Outstanding Dil						966	961	956	950	938	931.5
EPS						14.6	16.2	18.3	21.5	24.1	15.3
EPS Diluted						14.3	16	18.1	21.2	23.9	15.1
EBITDA						21,684	24,496	26,173	30,835	35,130	34,819
Effective Tax Rate						20.8%	24%	20.5%	21.7%	20.5%	26.2%