UnitedHealth Group maintains its status as the largest health insurance provider in the U.S., and 2021 was a year of significant growth. The company served 2.2 million more people than in the previous year and saw a 12% rise in revenue year over year, to $287 billion. Pharmacy benefits management company Optum, one of UnitedHealth’s subsidiaries, delivered a 33% increase in revenue per consumer. Adding a 16th company to its vast portfolio of acquisitions, UnitedHealth bought Golden Valley–based health insurer PreferredOne to compete for business in its home state of Minnesota.
Tiffany Hagler-Geard—Bloomberg/Getty Images

Company Information

As of 2/1/2023
Country
U.S.
Headquarters
Minnetonka, Minn.
Industry
Health Care: Insurance and Managed Care
CEO
Andrew P. Witty
Company Type
Public
Ticker
UNH
Revenues ($M)
$324,162
Profits ($M)
$20,120
Market Value ($M)
$454,766
Employees
350,000
Figures are for fiscal year ended Dec. 31, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.

Key Financials (Last Fiscal Year)
As of 8/3/2022

($ Millions)
% change
Revenues ($M)
$287,597
11.8%
Profits ($M)
$17,285
12.2%
Assets ($M)
$212,206
-
Total Stockholder Equity ($M)
$71,760
-

Profit Ratios
As of 8/3/2022

Profit as % of Revenues
6%
Profits as % of Assets
8.1%
Profits as % of Stockholder Equity
24.1%

UnitedHealth Group Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$257,1416.2%$15,40311.3%$197,289$65,491
2020$242,1557%$13,83915.5%$173,889$57,616
2019$226,24712.5%$11,98613.5%$152,221$51,696
2018$201,1598.8%$10,55850.5%$139,058$47,776
2017$184,84017.7%$7,01720.7%$122,810$38,274
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