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Dec 31, 2019

UnitedHealth Q4 2019 Earnings Report

UnitedHealth Group reported strong Q4 2019 results driven by diversified performance across its businesses.

Key Takeaways

UnitedHealth Group reported full year revenues of $242 billion, a growth of $16 billion or 7% year-over-year. The company's full year and fourth quarter net earnings per share were $14.33 and $3.68, growing 18% and 19% year-over-year, respectively. Full year and fourth quarter adjusted net earnings per share were $15.11 and $3.90, reflecting growth of 17% and 19% year-over-year. The company also reported full year cash flows from operations of $18.5 billion.

Full year revenues reached $242 billion, growing by $16 billion or 7% year-over-year.

Full year and Q4 net earnings per share grew by 18% and 19% year-over-year, respectively.

Full year and Q4 adjusted net earnings per share increased by 17% and 19% year-over-year, respectively.

Full year cash flows from operations amounted to $18.5 billion, demonstrating a 17.5% year-over-year growth.

Total Revenue
$60.9B
Previous year: $58.4B
+4.3%
EPS
$3.9
Previous year: $3.28
+18.9%
Optum Health Consumers
96M
Gross Profit
$15.1B
Previous year: $13.8B
+9.2%
Cash and Equivalents
$11B
Previous year: $10.9B
+1.1%
Free Cash Flow
$5.56B
Previous year: $1.84B
+202.2%
Total Assets
$174B
Previous year: $152B
+14.2%

UnitedHealth

UnitedHealth

UnitedHealth Revenue by Segment

Forward Guidance

The Company affirmed its recently issued full year earnings outlook for 2020, including net earnings of $15.45 to $15.75 per share and adjusted net earnings of $16.25 to $16.55 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income