UNITEDHEALTH GROUP INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
UNH$405.12+1.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
| For the Years Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share data) | 2023 | 2022 | 2021 |
| Revenues: | |||
| Premiums | $290,827 | $257,157 | $226,233 |
| Products | 42,583 | 37,424 | 34,437 |
| Services | 34,123 | 27,551 | 24,603 |
| Investment and other income | 4,089 | 2,030 | 2,324 |
| Total revenues | 371,622 | 324,162 | 287,597 |
| Operating costs: | |||
| Medical costs | 241,894 | 210,842 | 186,911 |
| Operating costs | 54,628 | 47,782 | 42,579 |
| Cost of products sold | 38,770 | 33,703 | 31,034 |
| Depreciation and amortization | 3,972 | 3,400 | 3,103 |
| Total operating costs | 339,264 | 295,727 | 263,627 |
| Earnings from operations | 32,358 | 28,435 | 23,970 |
| Interest expense | (3,246) | (2,092) | (1,660) |
| Earnings before income taxes | 29,112 | 26,343 | 22,310 |
| Provision for income taxes | (5,968) | (5,704) | (4,578) |
| Net earnings | 23,144 | 20,639 | 17,732 |
| Earnings attributable to noncontrolling interests | (763) | (519) | (447) |
| Net earnings attributable to UnitedHealth Group common shareholders | $22,381 | $20,120 | $17,285 |
| Earnings per share attributable to UnitedHealth Group common shareholders: | |||
| Basic | $24.12 | $21.47 | $18.33 |
| Diluted | $23.86 | $21.18 | $18.08 |
| Basic weighted-average number of common shares outstanding | 928 | 937 | 943 |
| Dilutive effect of common share equivalents | 10 | 13 | 13 |
| Diluted weighted-average number of common shares outstanding | 938 | 950 | 956 |
| Anti-dilutive shares excluded from the calculation of dilutive effect of common share equivalents | 6 | 3 | 1 |
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