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UnitedHealth Group Incorporated (UNH)
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UnitedHealth Group Incorporated (UNH) Gross Margin: 18.80%

Is UnitedHealth Group Incorporated’s gross margin high or low?

UnitedHealth Group Incorporated's gross margin of 18.80% is 20% below its 5-year average of 23.36%, near the low end of its 5-year range (18.53%–26.06%).

The gross margin for UnitedHealth Group Incorporated (UNH) is 18.80% as of Wednesday, June 10, 2026. It is below its 12-month average by 7.98% (20.43%).

UNH Gross Margin Chart

UNH Gross Margin
18.53%-17.02% 1Y
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UNH Average Gross Margin Chart

UNH Current vs Average Gross Margin Chart

UNH Gross Margin Metrics

GROSS MARGIN

18.80%

GROSS MARGIN AVG TTM

20.43%

GROSS MARGIN AVG 3Y

22.48%

GROSS MARGIN AVG 5Y

23.36%

GROSS MARGIN AVG 10Y

23.47%

GROSS MARGIN AVG 15Y

22.04%

GROSS MARGIN AVG 20Y

21.90%

CURRENT VS TTM AVG

-7.98%

CURRENT VS 3Y AVG

-16.35%

CURRENT VS 5Y AVG

-19.53%

CURRENT VS 10Y AVG

-19.90%

CURRENT VS 15Y AVG

-14.71%

CURRENT VS 20Y AVG

-14.17%

UNH Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
UnitedHealth Group Incorporated (UNH)18.80%20.43%22.48%23.36%
Elevance Health Inc. (ELV)$87.43B23.16%26.70%26.59%26.68%
Cigna Corporation (CI)$78.25B9.30%9.98%11.47%12.36%
Humana Inc. (HUM)$43.78B14.01%14.54%16.14%17.03%
CVS Health Corporation (CVS)$125.16B13.87%13.78%14.92%15.96%
Centene Corporation (CNC)$31.94B14.93%11.28%11.33%11.71%

Gross Margin Analysis

Gross Margin

18.8%

(Revenue - COGS) / Revenue

UnitedHealth Group Incorporated Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

UnitedHealth Group Incorporated Gross Margin FAQ

What is the gross margin for UnitedHealth Group Incorporated (UNH)?
The gross margin for UNH stock is 18.80%.
Is UnitedHealth Group Incorporated's gross margin high or low?
UnitedHealth Group Incorporated's gross margin of 18.80% is 20% below its 5-year average of 23.36%, near the low end of its 5-year range (18.53%–26.06%).
What is the TTM average gross margin for UnitedHealth Group Incorporated (UNH)?
The TTM average gross margin for UNH stock is 20.43%.
What is the 3Y average gross margin for UnitedHealth Group Incorporated (UNH)?
The 3Y average gross margin for UNH stock is 22.48%.
What is the 5Y average gross margin for UnitedHealth Group Incorporated (UNH)?
The 5Y average gross margin for UNH stock is 23.36%.
What is the 10Y average gross margin for UnitedHealth Group Incorporated (UNH)?
The 10Y average gross margin for UNH stock is 23.47%.
What is the 15Y average gross margin for UnitedHealth Group Incorporated (UNH)?
The 15Y average gross margin for UNH stock is 22.04%.
What is the 20Y average gross margin for UnitedHealth Group Incorporated (UNH)?
The 20Y average gross margin for UNH stock is 21.90%.

UnitedHealth Group Incorporated Gross Margin History

DATEGROSS MARGIN
2025-12-3118.53%
2024-12-3122.33%
2023-12-3124.48%
2022-12-3124.56%
2021-12-3124.22%
2020-12-3126.06%
2019-12-3123.79%
2018-12-3123.80%
2017-12-3123.37%
2016-12-3123.47%
2015-12-3123.57%
2014-12-3125.62%
2013-12-3124.79%
2012-12-3125.19%
2011-12-319.41%
2010-12-319.48%
2009-12-318.43%
2008-12-3123.83%
2007-12-3125.49%
2006-12-3123.43%
2005-12-3126.15%
2004-12-31-76.96%
2003-12-3127.49%
2002-12-3127.29%
2001-12-317.81%
2000-12-3123.52%
1999-12-3123.10%
1998-12-3122.08%
1997-12-3127.57%
1996-12-3128.73%

About UnitedHealth Group Incorporated

UnitedHealth Group Incorporated (UNH) operates as a comprehensive healthcare enterprise across the United States, structuring its diverse services into four key divisions: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment provides a wide array of health benefit plans and consumer-focused services. These offerings cater to a broad spectrum of clients, including large national corporations, public sector employers, mid-sized and small businesses, and individual consumers. It also delivers specialized health coverage and wellness programs tailored for individuals aged 50 and older, addressing their needs for preventive and acute care, chronic disease management, and other age-specific health issues. This division further encompasses Medicaid plans, children's health insurance, dental benefits, and various hospital and clinical services. Optum Health focuses on delivering direct healthcare solutions and management services. It facilitates access to networks of specialist care providers, offers health management programs, direct care delivery, consumer engagement initiatives, and financial services. Its diverse clientele includes individuals (served directly through care systems), employers, insurance payers, and government organizations. Optum Insight specializes in providing technology, information, and consulting services to the healthcare industry. Its offerings include software and data products, advisory consulting arrangements, and outsourced managed services. Clients span hospital systems, physicians, health plans, governmental bodies, life sciences companies, and other relevant organizations. Finally, Optum Rx handles the company's pharmaceutical care services. This segment manages retail pharmacy networks, provides home prescription delivery, and offers specialty and compounding pharmacy capabilities. Leveraging its purchasing power and clinical expertise, Optum Rx also develops advanced programs related to step therapy, formulary management, medication adherence, and integrated disease and drug therapy management. UnitedHealth Group Incorporated, founded in 1977, has its corporate headquarters located in Minnetonka, Minnesota.

Eden Prairie, MN
400,000 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Stephen J. Hemsley