UnitedHealth Group Incorporated (UNH)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	22,381,000	21,687,000	21,108,000	20,704,000	20,120,000	19,430,000	18,254,000	17,450,000	17,285,000	15,426,000	14,512,000	16,883,000	15,403,000	16,732,000	17,098,000	13,754,000	13,839,000	13,338,000	12,988,000	12,617,000
Revenue (ttm)	US$ in thousands	371,622,000	359,982,000	348,515,000	335,944,000	324,162,000	315,118,000	306,561,000	297,550,000	287,597,000	279,321,000	272,099,000	262,916,000	257,141,000	252,575,000	247,811,000	246,268,000	242,155,000	239,671,000	235,876,000	231,367,000
Net profit margin		6.02%	6.02%	6.06%	6.16%	6.21%	6.17%	5.95%	5.86%	6.01%	5.52%	5.33%	6.42%	5.99%	6.62%	6.90%	5.58%	5.71%	5.57%	5.51%	5.45%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $22,381,000K ÷ $371,622,000K
= 6.02%

Based on the data provided, Unitedhealth Group Inc's net profit margin has been relatively stable over the past eight quarters, ranging from 5.86% to 6.21%. The company has managed to maintain a healthy level of profitability, with Q2 2023 reflecting the highest net profit margin at 6.06%, while Q1 2022 had the lowest at 5.86%. The consistency in the net profit margin indicates efficient cost management and revenue generation strategies. Unitedhealth Group Inc's ability to sustain a net profit margin around the 6% mark demonstrates its profitability and financial stability over the analyzed period.