UnitedHealth Group Incorporated (UNH)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 14,697,000 20,071,000 29,112,000 26,343,000 22,310,000
Revenue US$ in thousands 447,567,000 400,278,000 371,622,000 324,162,000 287,597,000
Pretax margin 3.28% 5.01% 7.83% 8.13% 7.76%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $14,697,000K ÷ $447,567,000K
= 3.28%


Peer comparison

Dec 31, 2025

Company name
Symbol
Pretax margin
UnitedHealth Group Incorporated
UNH
3.28%
Elevance Health Inc
ELV
3.38%