UnitedHealth Group (NYSE:UNH) Full Year 2024 Results

Key Financial Results

• Revenue: US$400.3b (up 7.7% from FY 2023).
• Net income: US$14.4b (down 36% from FY 2023).
• Profit margin: 3.6% (down from 6.0% in FY 2023).
• EPS: US$15.64 (down from US$24.12 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

UnitedHealth Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.8%.

The primary driver behind last 12 months revenue was the United Healthcare segment contributing a total revenue of US$298.2b (75% of total revenue). Notably, cost of sales worth US$310.9b amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$53.0b (71% of total expenses). Explore how UNH's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for UnitedHealth Group that we have uncovered.

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