UnitedHealth Group Incorporated (UNH) Operating Margin
- Operating margin · 12 months: Value 4.82%; Formula and calculation Operating income / revenue. Period ending 2026-06-30..
Operating margin
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 4.82% | Operating income / revenue. Period ending 2026-06-30. $21.68B ÷ $450.13B × 100 ≈ 4.82% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 21.68B USD | Operating Income (Loss) |
| Revenue | 450.13B USD | |
| Cost of products and services | 51.44B USD | Cost of Goods and Services Sold |
| Research and development | (m) | |
| Selling, general and administration | 61.88B USD | Selling, General and Administrative Expense |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2026-06-30 | $21.68B | $450.13B | $51.44B | (m) | $61.88B | 4.82% |
| 2026-03-31 | $18.84B | $449.71B | $51.09B | (m) | $61.39B | 4.19% |
| 2025-12-31 | $18.96B | $447.57B | $50.66B | (m) | $59.59B | 4.24% |
| 2025-09-30 | $26.36B | $435.16B | $50.44B | (m) | $55.09B | 6.06% |
| 2025-06-30 | $30.75B | $422.82B | $49.71B | (m) | $53.15B | 7.27% |
| 2025-03-31 | $33.48B | $410.06B | $48.03B | (m) | $52.53B | 8.16% |
| 2024-12-31 | $32.29B | $400.28B | $46.69B | (m) | $53.01B | 8.07% |
| 2024-09-30 | $32.20B | $393.90B | $44.42B | (m) | $53.86B | 8.18% |
| 2024-06-30 | $32.02B | $385.44B | $42.01B | (m) | $54.43B | 8.31% |
| 2024-03-31 | $32.20B | $379.49B | $40.42B | (m) | $55.08B | 8.49% |
| 2023-12-31 | $32.36B | $371.62B | $38.77B | (m) | $54.63B | 8.71% |
| 2023-09-30 | $31.56B | $359.98B | $36.89B | (m) | $54.30B | 8.77% |
| 2023-06-30 | $30.50B | $348.51B | $35.77B | (m) | $52.11B | 8.75% |
| 2023-03-31 | $29.57B | $335.94B | $34.62B | (m) | $50.01B | 8.80% |
| 2022-12-31 | $28.43B | $324.16B | $33.70B | (m) | $47.78B | 8.77% |
| 2022-09-30 | $27.09B | $315.12B | $33.39B | (m) | $46.05B | 8.60% |
| 2022-06-30 | $25.34B | $306.56B | $32.88B | (m) | $45.11B | 8.26% |
| 2022-03-31 | $24.18B | $297.55B | $31.95B | (m) | $43.76B | 8.13% |
| 2021-12-31 | $23.97B | $287.60B | $31.03B | (m) | $42.58B | 8.33% |
| 2021-09-30 | $21.95B | $279.32B | $30.66B | (m) | $42.82B | 7.86% |
| 2021-06-30 | $20.89B | $272.10B | $30.79B | (m) | $42.27B | 7.68% |
| 2021-03-31 | $24.15B | $262.92B | $30.63B | (m) | $41.91B | 9.18% |
| 2020-12-31 | $22.41B | $257.14B | $30.75B | (m) | $41.70B | 8.71% |
| 2020-09-30 | $23.98B | $252.57B | $29.63B | (m) | $39.49B | 9.50% |
| 2020-06-30 | $24.35B | $247.81B | $28.33B | (m) | $38.28B | 9.82% |
| 2020-03-31 | $19.85B | $246.27B | $28.42B | (m) | $36.69B | 8.06% |
| 2019-12-31 | $19.68B | $242.16B | $28.12B | (m) | $35.19B | 8.13% |
| 2019-09-30 | $19.09B | $239.67B | $29.23B | (m) | $34.59B | 7.96% |
| 2019-06-30 | $18.66B | $235.88B | $29.32B | (m) | $34.11B | 7.91% |
| 2019-03-31 | $18.12B | $231.37B | $28.20B | (m) | $34.09B | 7.83% |
| 2018-12-31 | $17.34B | $226.25B | $27.00B | (m) | $34.07B | 7.67% |
| 2018-09-30 | $16.82B | $219.89B | (m) | (m) | $33.19B | 7.65% |
| 2018-06-30 | $16.32B | $213.66B | (m) | (m) | $32.10B | 7.64% |
| 2018-03-31 | $15.85B | $207.62B | (m) | (m) | $31.04B | 7.63% |
| 2017-12-31 | $15.21B | $201.16B | (m) | (m) | $29.56B | 7.56% |
| 2017-09-30 | $14.42B | $196.63B | (m) | (m) | $29.55B | 7.33% |
| 2017-06-30 | $13.91B | $192.60B | (m) | (m) | $29.20B | 7.22% |
| 2017-03-31 | $13.38B | $189.04B | (m) | (m) | $28.66B | 7.08% |
| 2016-12-31 | $12.93B | $184.84B | (m) | (m) | $28.40B | 7.00% |
| 2016-09-30 | $12.21B | $180.90B | (m) | (m) | $27.15B | 6.75% |
| 2016-06-30 | $11.65B | $176.10B | (m) | (m) | $26.29B | 6.61% |
| 2016-03-31 | $11.34B | $165.88B | (m) | (m) | $25.24B | 6.84% |
| 2015-12-31 | $11.02B | $157.11B | (m) | (m) | $24.31B | 7.01% |
| 2015-09-30 | $11.32B | $146.94B | (m) | (m) | $23.95B | 7.70% |
| 2015-06-30 | $11.20B | $138.21B | (m) | (m) | $23.08B | 8.11% |
| 2015-03-31 | $10.86B | $134.52B | (m) | (m) | $22.44B | 8.07% |
| 2014-12-31 | $10.27B | $130.47B | (m) | (m) | $21.68B | 7.87% |
| 2014-09-30 | $9.96B | $128.16B | (m) | (m) | $20.89B | 7.77% |
| 2014-06-30 | $9.69B | $126.02B | (m) | (m) | $20.32B | 7.69% |
| 2014-03-31 | $9.54B | $123.86B | (m) | (m) | $19.94B | 7.70% |
| 2013-12-31 | $9.62B | $122.49B | (m) | (m) | $19.36B | 7.86% |
| 2013-09-30 | $9.27B | $120.14B | (m) | (m) | $19.16B | 7.72% |
| 2013-06-30 | $9.25B | $116.82B | (m) | (m) | $18.57B | 7.92% |
| 2013-03-31 | $9.08B | $113.68B | (m) | (m) | $17.82B | 7.98% |
| 2012-12-31 | $9.25B | $110.62B | (m) | (m) | $17.31B | 8.37% |
| 2012-09-30 | $9.23B | $107.77B | (m) | (m) | $16.76B | 8.56% |
| 2012-06-30 | $8.69B | $105.74B | (m) | (m) | $16.38B | 8.22% |
| 2012-03-31 | $8.56B | $103.71B | (m) | (m) | $16.04B | 8.25% |
| 2011-12-31 | $8.46B | $101.86B | (m) | (m) | $15.56B | 8.31% |
| 2011-09-30 | $8.19B | $99.98B | (m) | (m) | $15.34B | 8.19% |
| 2011-06-30 | $8.27B | $98.36B | (m) | (m) | $14.98B | 8.40% |
| 2011-03-31 | $8.07B | $96.39B | (m) | (m) | $14.61B | 8.37% |
| 2010-12-31 | $7.86B | $94.16B | (m) | (m) | $14.27B | 8.35% |
| 2010-09-30 | $7.64B | $91.91B | (m) | (m) | $13.60B | 8.31% |
| 2010-06-30 | $7.17B | $89.94B | (m) | (m) | $13.20B | 7.97% |
| 2010-03-31 | $6.71B | $88.33B | (m) | (m) | $12.88B | 7.59% |
| 2009-12-31 | $6.36B | $87.14B | (m) | (m) | $12.73B | 7.30% |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $5.26B | $81.19B | (m) | (m) | $13.10B | 6.48% |
| 2008-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2007-12-31 | $7.85B | $75.43B | (m) | (m) | $10.58B | 10.41% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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