UnitedHealth Group Incorporated (UNH)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 20,071,000 | 29,112,000 | 26,343,000 | 22,310,000 | 20,742,000 |
| Revenue | US$ in thousands | 400,278,000 | 367,533,000 | 322,132,000 | 285,273,000 | 255,639,000 |
| Pretax margin | 5.01% | 7.92% | 8.18% | 7.82% | 8.11% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $20,071,000K ÷ $400,278,000K
= 5.01%
The pretax margin of UnitedHealth Group Incorporated has shown some fluctuations over the five-year period from December 31, 2020, to December 31, 2024. Starting at 8.11% in December 2020, it decreased slightly to 7.82% by December 2021. However, it then improved to 8.18% by December 2022, indicating a positive trend. Subsequently, the pretax margin declined to 7.92% by December 2023 before experiencing a significant drop to 5.01% by December 2024.
These fluctuations in the pretax margin suggest variability in the company's ability to generate profits before accounting for taxes, operating expenses, and interest payments. The decreasing trend observed in the later years may raise concerns about the company's operational efficiency or revenue generation strategies.
Further analysis, in conjunction with other financial indicators, is advisable to better understand the underlying factors contributing to these fluctuations and assess the overall financial health and performance of UnitedHealth Group Incorporated.
Peer comparison
Dec 31, 2024