UnitedHealth Group Incorporated (UNH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 89,399,000 | 86,869,000 | 77,587,000 | 67,328,000 | 65,498,000 |
| Revenue | US$ in thousands | 400,278,000 | 367,533,000 | 322,132,000 | 285,273,000 | 255,639,000 |
| Gross profit margin | 22.33% | 23.64% | 24.09% | 23.60% | 25.62% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $89,399,000K ÷ $400,278,000K
= 22.33%
The gross profit margin of UnitedHealth Group Incorporated has shown a slight decline over the past five years, starting at 25.62% as of December 31, 2020, and decreasing to 22.33% as of December 31, 2024. This trend indicates a decrease in the company's ability to generate profit from its core operations after accounting for the direct costs associated with production or service delivery. It is essential for the company to monitor and analyze the factors contributing to this decline in order to make informed strategic decisions aimed at improving profitability and efficiency.
Peer comparison
Dec 31, 2024