UnitedHealth Group Company Profile >Global 500 > # 11

UnitedHealth Group

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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 3/29/23

Country

U.S.

Headquarters

Minnetonka, Minn.

Industry

Health Care: Insurance and Managed Care

CEO

Andrew P. Witty

Website

www.unitedhealthgroup.com

Company Type

Public

Ticker

UNH

Revenues ($M)

$324,162

Profits ($M)

$20,120

Market Value ($M)

$438,998

Employees

400,000

Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.

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

Profits as % of Assets

8.1%

Profits as % of Stockholder Equity

24.1%