# UnitedHealth Group Incorporated (UNH) · Edgar & Edgarette company card

> UnitedHealth Group Incorporated (UNH) grew revenue 11.8% in FY2025 to $447.6 billion, operating margin 4.2% against a 1.3% median for hospital & medical service plans, equity 32.3% of assets, and dividend per share up 16 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 731766 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/UNH) · [JSON](https://www.pops4.com/boards/company/UNH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $447.6B |
| Revenue growth, 1 year | 11.8% |
| Revenue growth per year | 11.7% |
| Operating margin | 4.2% (prior year 8.1%) |
| Net margin | 2.9% |
| Operating cash flow | $19.7B |
| Capital spending | $3.6B |
| Free cash flow | $16.1B |
| Cash | $24.4B |
| Long-term debt | $77.7B |
| Total assets | $309.6B |
| Total equity | $100.1B |
| Equity ÷ assets | 32.3% |
| Return on equity | 12.8% |
| Dividend per share | $8.73 |
| Dividend years rising | 16 |

## Readings, computed from those figures

- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $447.6B (FY2025), total debt $77.7B. Experience: revenue up 11.8% on the year, up 11.7% a year over 4 years; operating margin 4.2%, down from 8.1%. Soundness: equity 32.3% of assets, return on equity 12.8%, payout 61.8% of profit, dividend per share up 16 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $451.1B and $517.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $424.6B to $547.1B. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, hospital & medical service plans): operating margin 4.2% against a 1.3% median; growth 11.8% against 12.2%.

Range logged 2026-09-26, receipt e7401d77861694c0, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-03-02 ([filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000064/0000731766-26-000064-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000266/0000731766-26-000266-index.htm)
- 8-K · filed 2026-10-13 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000255/0000731766-26-000255-index.htm)
- 8-K · filed 2026-09-08 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000205/0000731766-26-000205-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000197/0000731766-26-000197-index.htm)
- 8-K · filed 2026-07-16 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000191/0000731766-26-000191-index.htm)
- 8-K · filed 2026-06-05 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/731766/000073176626000138/0000731766-26-000138-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000731766.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=731766

## Cite

POPS4, Edgar & Edgarette: UnitedHealth Group Incorporated (UNH) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/UNH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.