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Sep 30, 2021

UnitedHealth Q3 2021 Earnings Report

Reported an 11% increase in revenues to $72.3 billion, with strong growth across Optum and UnitedHealthcare.

Key Takeaways

UnitedHealth Group reported strong third-quarter results with revenues increasing by 11% to $72.3 billion. The company's adjusted earnings per share were $4.52, and cash flows from operations were $7.6 billion. UnitedHealth Group increased its full year net earnings outlook to $17.70 to $17.95 per share and adjusted earnings to $18.65 to $18.90 per share.

Revenues increased 11% to $72.3 billion, driven by growth in Optum and UnitedHealthcare.

Earnings from operations were $5.7 billion, with Optum businesses comprising 54% of the consolidated total.

Cash flows from operations reached $7.6 billion, representing 1.8 times net income.

Adjusted earnings per share were reported at $4.52.

Total Revenue
$72.3B
Previous year: $65.1B
+11.1%
EPS
$4.52
Previous year: $3.51
+28.8%
Optum Health Consumers
99M
Previous year: 98M
+1.0%
Gross Profit
$17.2B
Previous year: $15.5B
+10.9%
Cash and Equivalents
$21.1B
Previous year: $17.6B
+20.1%
Free Cash Flow
$6.95B
Previous year: $2.57B
+170.5%
Total Assets
$213B
Previous year: $191B
+11.6%

UnitedHealth

UnitedHealth

UnitedHealth Revenue by Segment

Forward Guidance

The Company increased its full year net earnings outlook to $17.70 to $17.95 per share and adjusted earnings to $18.65 to $18.90 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income