Growth Metrics

Unitedhealth (UNH) Net Margin (2016 - 2025)

Unitedhealth (UNH) has disclosed Net Margin for 17 consecutive years, with 1.22% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 222.0% to 1.22% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 4.2% through Dec 2025, up 59.0% year-over-year, with the annual reading at 3.64% for FY2025, 17.0% down from the prior year.
  • Net Margin for Q4 2025 was 1.22% at Unitedhealth, down from 2.86% in the prior quarter.
  • The five-year high for Net Margin was 33.86% in Q4 2021, with the low at 1.22% in Q1 2024.
  • Average Net Margin over 5 years is 6.86%, with a median of 6.18% recorded in 2023.
  • The sharpest move saw Net Margin soared 3880bps in 2021, then tumbled -2627bps in 2022.
  • Over 5 years, Net Margin stood at 33.86% in 2021, then crashed by -78bps to 7.59% in 2022, then rose by 2bps to 7.75% in 2023, then plummeted by -56bps to 3.44% in 2024, then crashed by -65bps to 1.22% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 1.22%, 2.86%, and 3.2% for Q4 2025, Q3 2025, and Q2 2025 respectively.