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Jun 30, 2021

UnitedHealth Q2 2021 Earnings Report

Reported strong and diversified growth across UnitedHealth Group.

Key Takeaways

UnitedHealth Group reported a 15% increase in revenues to $71.3 billion, driven by growth at Optum and UnitedHealthcare. Earnings from operations were $6.0 billion, and cash flows from operations reached $5.5 billion. Net earnings were $4.46 per share, and adjusted earnings were $4.70 per share.

Revenues grew 15% to $71.3 billion, with diversified growth at Optum and UnitedHealthcare.

Earnings from operations were $6.0 billion.

Cash flows from operations reached $5.5 billion, 1.3x net income.

Net earnings were $4.46 per share, and adjusted earnings were $4.70 per share.

Total Revenue
$71.3B
Previous year: $62.1B
+14.8%
EPS
$4.7
Previous year: $7.12
-34.0%
Optum Health Consumers
99M
Gross Profit
$17.1B
Previous year: $20B
-14.2%
Cash and Equivalents
$19.8B
Previous year: $25.6B
-22.5%
Free Cash Flow
$4.98B
Previous year: $9.55B
-47.9%
Total Assets
$210B
Previous year: $192B
+9.3%

UnitedHealth

UnitedHealth

UnitedHealth Revenue by Segment

Forward Guidance

Based upon first half 2021 performance, the Company increased its full year net earnings outlook to $17.35 to $17.85 per share and adjusted earnings to $18.30 to $18.80 per share. The outlook continues to include approximately $1.80 per share in potential net unfavorable COVID-19 effects.

Revenue & Expenses

Visualization of income flow from segment revenue to net income