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Dec 31, 2024

UnitedHealth Q4 2024 Earnings Report

UnitedHealth Group reported Q4 2024 results, demonstrating growth in revenues and adjusted net earnings per share.

Key Takeaways

UnitedHealth Group reported an 8% year-over-year increase in revenues, reaching $400.3 billion for 2024. The company's Q4 net earnings were $5.98 per share, with adjusted net earnings at $6.81 per share. The growth was driven by serving more people extensively at Optum and UnitedHealthcare.

Revenues grew 8% year-over-year to $400.3 billion.

Domestic consumers served by UnitedHealthcare grew by 2.1 million.

Value-Based Care Patients Served by Optum Grew 600,000

Cash flows from operations were $24.2 billion, 1.6x net income.

Total Revenue
$101B
Previous year: $94.4B
+6.8%
EPS
$6.81
Previous year: $6.16
+10.6%
Optum Health Consumers
100
Previous year: 103M
-100.0%
Free Cash Flow
$1.46B
Previous year: -$6.15B
-123.7%
Total Assets
$298B
Previous year: $274B
+9.0%

UnitedHealth

UnitedHealth

UnitedHealth Revenue by Segment

Forward Guidance

UnitedHealth Group affirmed its 2025 performance outlook, including revenues of $450 billion to $455 billion, net earnings of $28.15 to $28.65 per share, adjusted net earnings of $29.50 to $30.00 per share, and cash flow from operations of $32 billion to $33 billion.

Positive Outlook

  • Revenues of $450 billion to $455 billion
  • Net earnings of $28.15 to $28.65 per share
  • Adjusted net earnings of $29.50 to $30.00 per share
  • Cash flow from operations of $32 billion to $33 billion
  • Positioned well for growth in 2025