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UnitedHealth UNH

US equityMarket cap rank #41
$372.23
+$0.94 (+0.25%)
Market open · Sep 24, 1:10 pm ET
After hours $371.00 -0.08%
Open$371.51
Prev close$371.29
Day range$368.50 – $374.74
Volume2.22M
Market cap$333.97B
P/E (TTM)23.9
Dividend yield2.41%

Earnings

Average move on report day±6.4%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+7.2%
Worst reaction-22.4%

Stock move on the day after each report

+2.6%2023/Q3-3.4%2023/Q4+5.2%2024/Q1+6.5%2024/Q2-8.1%2024/Q3-6.0%2024/Q4-22.4%2025/Q1-7.5%2025/Q2+0.5%2025/Q3-19.6%2025/Q4+7.0%2026/Q1+1.2%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q216 Jul 2026Pre Market±24.7%+1.16%Within range
2026/Q121 Apr 2026Pre Market±18.2%+6.96%Within range
2025/Q427 Jan 2026Pre Market±20.9%-19.61%Within range
2025/Q328 Oct 2025Pre Market±21.4%+0.51%Within range
2025/Q229 Jul 2025Pre Market±22.7%-7.46%Within range
2025/Q117 Apr 2025Pre Market±29.3%-22.38%Within range
2024/Q416 Jan 2025Pre Market±24.1%-6.04%Within range
2024/Q315 Oct 2024Pre Market±26.4%-8.11%Within range
2024/Q216 Jul 2024Pre Market±24.3%+6.50%Within range
2024/Q116 Apr 2024Pre Market±22.6%+5.22%Within range
2023/Q412 Jan 2024Pre Market±16.3%-3.37%Within range
2023/Q313 Oct 2023Pre Market±19.1%+2.64%Within range
2023/Q214 Jul 2023Pre Market±19.0%+7.24%Within range
2023/Q114 Apr 2023Pre Market±16.2%-2.74%Within range
2022/Q413 Jan 2023Pre Market±17.1%-1.23%Within range
2022/Q314 Oct 2022Pre Market±26.2%+0.63%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • UnitedHealthcare$86.02B 56.2%
  • Optum Rx$38.29B 25.0%
  • Optum Health$23.47B 15.3%
  • Optum Insight$5.40B 3.5%

Latest reported quarter: Q2, ended Jun 2026

Revenue$112.03B+0.4% YoY
Operating profit$7.99B+55.2% YoY
Net profit$5.67B+58.7% YoY
Diluted EPS$6.04+61.5% YoY
Free cash flow$10.25B+62.7% YoY
Operating cash flow$11.05B

Revenue, last 8 quarters

$100.8BSep '24$100.8BDec '24$109.6BMar '25$111.6BJun '25$113.2BSep '25$113.2BDec '25$111.7BMar '26$112.0BJun '26

Net profit, last 8 quarters

$6.3BSep '24$5.8BDec '24$6.5BMar '25$3.6BJun '25$2.5BSep '25$218.0MDec '25$6.5BMar '26$5.7BJun '26

Profitability & balance sheet

Gross margin19.5%
Operating margin4.8%
Net margin3.1%
Return on equity14.6%
Return on assets4.6%
Return on invested capital10.1%
Current ratio0.78
Liabilities / assets65.8%
Cash & investments$31.47B
Total debt$73.33B
Net cash (debt)-$41.86B
Free cash flow / sales5.2%
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