Growth Metrics

Unitedhealth (UNH) Net Margin (2016 - 2025)

Unitedhealth (UNH) has disclosed Net Margin for 17 consecutive years, with 0.19% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin fell 555.0% to 0.19% in Q4 2025 year-over-year; TTM through Dec 2025 was 2.86%, a 117.0% decrease, with the full-year FY2025 number at 2.86%, down 95.0% from a year prior.
  • Net Margin was 0.19% for Q4 2025 at Unitedhealth, down from 2.25% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 41.63% in Q4 2023 to a low of 1.22% in Q1 2024.
  • A 5-year average of 6.71% and a median of 5.98% in 2024 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: soared 3668bps in 2023, then crashed -3589bps in 2024.
  • Unitedhealth's Net Margin stood at 4.02% in 2021, then rose by 23bps to 4.95% in 2022, then soared by 742bps to 41.63% in 2023, then plummeted by -86bps to 5.74% in 2024, then tumbled by -97bps to 0.19% in 2025.
  • Per Business Quant, the three most recent readings for UNH's Net Margin are 0.19% (Q4 2025), 2.25% (Q3 2025), and 2.65% (Q2 2025).