TTM
$21.7B
YoY change
-41.3%
5Y CAGR
-3.3%
Peak year (FY2023)
$32.4B
Cumulative operating income
$344B
Operating Income history chart for UnitedHealth Group (UNH) from 2016 to 2025
Latest: $19B
Operating Income growth chart for UnitedHealth Group (UNH) from 2016 to 2025
Latest: -41.3%
Operating Income history table for UnitedHealth Group (UNH) from 1985 to 2025
| FY2025 | $19B | -41.3% | -$13.3B | ||
| FY2024 | $32.3B | -0.2% | -$71M | ||
| FY2023 | $32.4B | +13.8% | +$3.92B | ||
| FY2022 | $28.4B | +18.6% | +$4.47B | ||
| FY2021 | $24B | +7.0% | +$1.57B | ||
| FY2020 | $22.4B | +13.8% | +$2.72B | ||
| FY2019 | $19.7B | +13.5% | +$2.34B | ||
| FY2018 | $17.3B | +14.0% | +$2.14B | ||
| FY2017 | $15.2B | +17.6% | +$2.28B | ||
| FY2016 | $12.9B | +17.3% | +$1.91B | ||
| FY2015 | $11B | +7.3% | +$747M | ||
| FY2014 | $10.3B | +6.8% | +$651M | ||
| FY2013 | $9.62B | +4.0% | +$369M | ||
| FY2012 | $9.25B | +9.3% | +$790M | ||
| FY2011 | $8.46B | +7.6% | +$600M | ||
| FY2010 | $7.86B | +23.7% | +$1.51B | ||
| FY2009 | $6.36B | +20.8% | +$1.1B | ||
| FY2008 | $5.26B | -32.9% | -$2.59B | ||
| FY2007 | $7.85B | +12.4% | +$865M | ||
| FY2006 | $6.98B | +37.5% | +$1.9B | ||
| FY2005 | $5.08B | +23.9% | +$979M | ||
| FY2004 | $4.1B | +53.5% | +$1.43B | ||
| FY2003 | $2.67B | +22.2% | +$485M | ||
| FY2002 | $2.19B | +39.6% | +$620M | ||
| FY2001 | $1.57B | +30.5% | +$366M | ||
| FY2000 | $1.2B | +27.3% | +$257M | ||
| FY1999 | $943M | -2345.2% | +$985M | ||
| FY1998 | -$42M | -105.7% | -$784M | ||
| FY1997 | $742M | +24.4% | +$146M | ||
| FY1996 | $596M | +29.4% | +$136M | ||
| FY1995 | $461M | -8.9% | -$45.3M | ||
| FY1994 | $506M | +65.4% | +$200M | ||
| FY1993 | $306M | +72.1% | +$128M | ||
| FY1992 | $178M | +54.4% | +$62.6M | ||
| FY1991 | $115M | +108.1% | +$59.8M | ||
| FY1990 | $55.3M | +113.5% | +$29.4M | ||
| FY1989 | $25.9M | -436.4% | +$33.6M | ||
| FY1988 | -$7.7M | -62.8% | +$13M | ||
| FY1987 | -$20.7M | -349.4% | -$29M | ||
| FY1986 | $8.3M | +102.4% | +$4.2M | ||
| FY1985 | $4.1M | — | — |
- FY2025$19B-41.3%
- FY2024$32.3B-0.2%
- FY2023$32.4B+13.8%
- FY2022$28.4B+18.6%
- FY2021$24B+7.0%
- FY2020$22.4B+13.8%
- FY2019$19.7B+13.5%
- FY2018$17.3B+14.0%
- FY2017$15.2B+17.6%
- FY2016$12.9B+17.3%
- FY2015$11B+7.3%
- FY2014$10.3B+6.8%
- FY2013$9.62B+4.0%
- FY2012$9.25B+9.3%
- FY2011$8.46B+7.6%
- FY2010$7.86B+23.7%
- FY2009$6.36B+20.8%
- FY2008$5.26B-32.9%
- FY2007$7.85B+12.4%
- FY2006$6.98B+37.5%
- FY2005$5.08B+23.9%
- FY2004$4.1B+53.5%
- FY2003$2.67B+22.2%
- FY2002$2.19B+39.6%
- FY2001$1.57B+30.5%
- FY2000$1.2B+27.3%
- FY1999$943M-2345.2%
- FY1998-$42M-105.7%
- FY1997$742M+24.4%
- FY1996$596M+29.4%
- FY1995$461M-8.9%
- FY1994$506M+65.4%
- FY1993$306M+72.1%
- FY1992$178M+54.4%
- FY1991$115M+108.1%
- FY1990$55.3M+113.5%
- FY1989$25.9M-436.4%
- FY1988-$7.7M-62.8%
- FY1987-$20.7M-349.4%
- FY1986$8.3M+102.4%
- FY1985$4.1M—
Operating Income values are taken from UnitedHealth Group's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at UnitedHealth Group (UNH)
According to UnitedHealth Group's latest reported financial statements, the company's current operating income (TTM) is $21.7B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
UnitedHealth Group (UNH) most recent annual operating income stands at $19B (2025) – plunged 41.3% year-over-year.
Through 2020–2025 (5 years), UnitedHealth Group operating income delivered a -3.3% annualised rate; with a net decline across the window.
UnitedHealth Group operating income peaked at $32.4B in 2023; the latest annual figure is $19B in 2025 (41.4% below peak).
The highest annual operating income of $32.4B was reported in 2023. The lowest in the available history was -$42M in 1998.
UnitedHealth Group Operating Income by Year
UnitedHealth Group Operating Income 2025: $19B
UnitedHealth Group operating income in 2025 was $19B, plunged 41.3% below 2024.
UnitedHealth Group Operating Income 2024: $32.3B
2024's operating income for UnitedHealth Group came in at $32.3B, edged down 0.2% below 2023.
UnitedHealth Group Operating Income 2023: $32.4B
UnitedHealth Group posted operating income of $32.4B in 2023, grew 13.8% from 2022. This figure represents the highest annual value in the available history.
UnitedHealth Group Operating Income 2022: $28.4B
In 2022, UnitedHealth Group reported operating income of $28.4B, grew 18.6% from 2021.
UnitedHealth Group Operating Income 2021: $24B
UnitedHealth Group operating income in 2021 was $24B.
See more financial history for UnitedHealth Group (UNH).
Sector peers by Operating Income
Healthcare peers of UnitedHealth Group (UNH), ranked by their latest operating income
| $29.7B | |
| $25.6B | |
| $23.5B | |
| $20.1B | |
| $19.9B | |
| $10.7B | |
| $8.11B | |
| $8.05B |
- $29.7B
- $25.6B
- $23.5B
- $20.1B
- $19.9B
- $10.7B
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