UnitedHealth Group Incorporated (UNH)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	32,287,000	32,203,000	32,021,000	32,203,000	32,358,000	31,560,000	30,496,000	29,571,000	28,435,000	27,085,000	25,335,000	24,181,000	23,970,000	21,946,000	20,885,000	24,148,000	22,405,000	23,983,000	24,346,000	19,849,000
Revenue (ttm)	US$ in thousands	396,627,000	389,068,000	381,255,000	375,185,000	368,331,000	357,870,000	347,400,000	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
Operating profit margin		8.14%	8.28%	8.40%	8.58%	8.79%	8.82%	8.78%	8.80%	8.77%	8.60%	8.26%	8.13%	8.33%	7.86%	7.68%	9.18%	8.71%	9.50%	9.82%	8.06%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $32,287,000K ÷ $396,627,000K
= 8.14%

The operating profit margin of UnitedHealth Group Incorporated has displayed some fluctuations over the past few years, ranging between 7.68% and 9.82%. The highest operating profit margin was recorded on June 30, 2020, at 9.82%, followed closely by March 31, 2023, and September 30, 2023, at 8.82% and 8.80% respectively. Meanwhile, the lowest operating profit margin was observed on June 30, 2021, at 7.68%.

Overall, the operating profit margin of UnitedHealth Group has generally been above 8% and showed resilience with minor fluctuations during the period under review. This indicates that the company has been able to effectively control its operating expenses in relation to its revenue, maintaining a healthy level of profitability in its operations. Investors and stakeholders may view this stability positively as it demonstrates the company's ability to generate profits efficiently.