UnitedHealth Group (UNH) Revenue Growth

Price: $576.08
Market Cap: $531.96B
Avg Volume: 3.82M
Country: US
Industry: Medical - Healthcare Plans
Sector: Healthcare
Beta: 0.595
52W Range: $436.38-607.94
Website: UnitedHealth Group

What is UnitedHealth Group's Revenue Growth?

  • UnitedHealth Group's annual revenue growth as of FY 2023 is 14.09%.
  • UnitedHealth Group's quarterly revenue growth as of Q2 2024 is -0.94%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess UnitedHealth Group's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $367.53B
    • Quarterly: $97.86B
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $280.66B
    • Quarterly: $76.80B
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 14.77%
    • Quarterly Growth: 0.01%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $86.87B
    • Quarterly: $21.06B
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 11.96%
    • Quarterly Growth: -4.25%

These metrics provide insights into UnitedHealth Group's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

14.09%

Quarterly Revenue Growth

-0.94%

Historical Annual Revenue Growth
Historical Quarterly Revenue Growth
Historical Annual Revenue
Historical Quarterly Revenue
Historical Annual Cost of Revenue
Historical Quarterly Cost of Revenue
Historical Annual Gross Profit
Historical Quarterly Gross Profit

UnitedHealth Group Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $367.53B 14.09% $280.66B 14.77% $86.87B 11.96%
2022 $322.13B 12.92% $244.54B 12.20% $77.59B 15.24%
2021 $285.27B 11.59% $217.94B 14.62% $67.33B 2.79%
2020 $255.64B 5.57% $190.14B 3.03% $65.50B 13.72%
2019 $242.16B 7.03% $184.56B 7.05% $57.60B 6.97%
2018 $226.25B 12.47% $172.40B 11.84% $53.85B 14.54%
2017 $201.16B 8.84% $154.15B 8.97% $47.01B 8.39%
2016 $184.83B 17.64% $141.45B 17.80% $43.37B 17.14%
2015 $157.11B 20.41% $120.08B 23.74% $37.03B 10.75%
2014 $130.47B 6.52% $97.04B 5.33% $33.43B 10.12%