UNITEDHEALTH GROUP INC
UNH · Hospital & Medical Service Plans · 908.1M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $6.9B (gross $8.0B, SBC $1.1B)
Reference price $355.00 · est. market cap ~$322.4B — last insider sale, 2026-04-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78UnitedHealth Group — dominant managed-care/health-services platform in a tough margin year.
Strengths
- Free cash flow and cash both 100th pct
- Operating margin 100th pct, ROA (89th)
- Optum + UnitedHealthcare scale and integration
Risks
- Net margin compressed; MA utilization and reform pressure
- Weak liquidity ratio (current 0.79) and DOJ/regulatory scrutiny
- Leadership-transition and cost-trend uncertainty
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
88.7%
Operating margin
4.2%
Net margin
2.7%
Return on assets
3.9%
Revenue growth (QoQ)
-1.3%
Net-income growth
-16.3%
Net debt / EBITDA
-0.2×
Interest coverage
4.7×
Current ratio
0.8×
Free cash flow
$16.1B
EBITDA
$23.3B
Cash & investments
$82.4B
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-23 | McSweeney Erin | Grant | 48 | — |
| 2026-06-23 | Noseworthy John H | Grant | 41 | — |
| 2026-06-23 | GARCIA PAUL R | Grant | 13 | — |
| 2026-06-23 | MONTGOMERY RICE VALERIE MD | Grant | 41 | — |
| 2026-06-23 | Gil Kristen | Grant | 8 | — |
| 2026-06-23 | Gottlieb Scott | Grant | 3 | — |
| 2026-06-23 | Conway Patrick Hugh | Grant | 82 | — |
| 2026-06-23 | Noel Timothy John | Grant | 76 | — |
| 2026-06-23 | Zaetta Christopher R | Grant | 61 | — |
| 2026-06-23 | DeVeydt Wayne S | Grant | 112 | — |
| 2026-06-23 | HEMSLEY STEPHEN J | Grant | 46 | — |
| 2026-06-23 | Stankiewicz Dennis Andrew | Grant | 51 | — |
| 2026-06-23 | Baker Charles D. | Grant | 13 | — |
| 2026-06-23 | MCNABB FREDERICK WILLIAM III | Grant | 50 | — |
| 2026-06-23 | FLYNN TIMOTHY PATRICK | Grant | 61 | — |
| 2026-06-05 | Conway Patrick Hugh | Tax withheld | 687 | $399.47 |
| 2026-06-03 | Zaetta Christopher R | Tax withheld | 134 | $377.00 |
| 2026-06-02 | Conway Patrick Hugh | Tax withheld | 204 | $377.92 |
| 2026-04-23 | Conway Patrick Hugh | Sell | 800 | $355.00 |
| 2026-04-01 | HOOPER MICHELE J | Grant | 206 | — |
| 2026-04-01 | MCNABB FREDERICK WILLIAM III | Grant | 388 | — |
| 2026-04-01 | Baker Charles D. | Grant | 343 | — |
| 2026-04-01 | Gil Kristen | Grant | 320 | — |
| 2026-04-01 | Noseworthy John H | Grant | 320 | — |
| 2026-04-01 | GARCIA PAUL R | Grant | 206 | — |
| 2026-04-01 | GARCIA PAUL R | Grant | 137 | — |
| 2026-04-01 | Gottlieb Scott | Grant | 320 | — |
| 2026-04-01 | MONTGOMERY RICE VALERIE MD | Grant | 343 | — |
| 2026-04-01 | FLYNN TIMOTHY PATRICK | Grant | 350 | — |
| 2026-03-17 | MONTGOMERY RICE VALERIE MD | Grant | 53 | — |
| 2026-03-17 | DeVeydt Wayne S | Grant | 150 | — |
| 2026-03-17 | Stankiewicz Dennis Andrew | Grant | 68 | — |
| 2026-03-17 | GARCIA PAUL R | Grant | 16 | — |
| 2026-03-17 | Noseworthy John H | Grant | 52 | — |
| 2026-03-17 | Zaetta Christopher R | Grant | 90 | — |
| 2026-03-17 | Noel Timothy John | Grant | 102 | — |
| 2026-03-17 | MCNABB FREDERICK WILLIAM III | Grant | 64 | — |
| 2026-03-17 | FLYNN TIMOTHY PATRICK | Grant | 79 | — |
| 2026-03-17 | HEMSLEY STEPHEN J | Grant | 61 | — |
| 2026-03-17 | Baker Charles D. | Grant | 14 | — |
| 2026-03-17 | McSweeney Erin | Grant | 65 | — |
| 2026-03-17 | HOOPER MICHELE J | Grant | 292 | — |
| 2026-03-17 | Gil Kristen | Grant | 8 | — |
| 2026-03-17 | Gottlieb Scott | Grant | 1 | — |
| 2026-03-17 | Conway Patrick Hugh | Grant | 125 | — |
| 2026-02-23 | ROOS THOMAS E | Tax withheld | 152 | $282.34 |
| 2026-02-23 | ROOS THOMAS E | Grant | 2.4K | — |
| 2026-02-23 | Zaetta Christopher R | Tax withheld | 129 | $282.34 |
| 2026-02-23 | Zaetta Christopher R | Grant | 7.1K | — |
| 2026-02-23 | Noel Timothy John | Tax withheld | 123 | $282.34 |
| 2026-02-23 | Noel Timothy John | Grant | 8.9K | — |
| 2026-02-23 | McSweeney Erin | Tax withheld | 131 | $282.34 |
| 2026-02-23 | McSweeney Erin | Grant | 4.9K | — |
| 2026-02-23 | Conway Patrick Hugh | Tax withheld | 179 | $282.34 |
| 2026-02-23 | Conway Patrick Hugh | Grant | 8.9K | — |
| 2026-02-23 | DeVeydt Wayne S | Grant | 8.9K | $282.34 |
| 2026-02-20 | McSweeney Erin | Tax withheld | 137 | $290.00 |
| 2026-02-20 | McSweeney Erin | Tax withheld | 155 | $290.00 |
| 2026-02-20 | Zaetta Christopher R | Tax withheld | 131 | $290.00 |
| 2026-02-20 | Zaetta Christopher R | Tax withheld | 312 | $290.00 |
| 2026-02-20 | Conway Patrick Hugh | Tax withheld | 250 | $290.00 |
| 2026-02-20 | Conway Patrick Hugh | Tax withheld | 255 | $290.00 |
| 2026-02-20 | Noel Timothy John | Tax withheld | 153 | $290.00 |
| 2026-02-20 | Noel Timothy John | Tax withheld | 312 | $290.00 |
| 2026-02-20 | ROOS THOMAS E | Tax withheld | 154 | $290.00 |
| 2026-02-20 | ROOS THOMAS E | Tax withheld | 172 | $290.00 |
| 2026-02-13 | ROOS THOMAS E | Tax withheld | 322 | $293.19 |
| 2026-02-13 | Zaetta Christopher R | Tax withheld | 213 | $293.19 |
| 2026-02-13 | McSweeney Erin | Tax withheld | 153 | $293.19 |
| 2026-02-13 | Noel Timothy John | Tax withheld | 126 | $293.19 |
| 2026-02-13 | Conway Patrick Hugh | Tax withheld | 295 | $293.19 |
| 2026-01-02 | GARCIA PAUL R | Grant | 168 | — |
| 2026-01-02 | GARCIA PAUL R | Grant | 112 | — |
| 2026-01-02 | FLYNN TIMOTHY PATRICK | Grant | 285 | — |
| 2026-01-02 | Gil Kristen | Grant | 168 | — |
| 2026-01-02 | Noseworthy John H | Grant | 261 | — |
| 2026-01-02 | MONTGOMERY RICE VALERIE MD | Grant | 279 | — |
| 2026-01-02 | Gottlieb Scott | Grant | 125 | — |
| 2026-01-02 | HOOPER MICHELE J | Grant | 168 | — |
| 2026-01-02 | MCNABB FREDERICK WILLIAM III | Grant | 316 | — |
| 2026-01-02 | Baker Charles D. | Grant | 279 | — |
| 2025-12-19 | HEMSLEY STEPHEN J | Gift | 55K | — |
| 2025-12-16 | Noel Timothy John | Grant | 44 | — |
| 2025-12-16 | MONTGOMERY RICE VALERIE MD | Grant | 43 | — |
| 2025-12-16 | McSweeney Erin | Grant | 39 | — |
| 2025-12-16 | Baker Charles D. | Grant | 11 | — |
| 2025-12-16 | HEMSLEY STEPHEN J | Grant | 52 | — |
| 2025-12-16 | MCNABB FREDERICK WILLIAM III | Grant | 53 | — |
| 2025-12-16 | Noseworthy John H | Grant | 43 | — |
| 2025-12-16 | Gil Kristen | Grant | 7 | — |
| 2025-12-16 | Zaetta Christopher R | Grant | 45 | — |
| 2025-12-16 | Conway Patrick Hugh | Grant | 68 | — |
| 2025-12-16 | DeVeydt Wayne S | Grant | 70 | — |
| 2025-12-16 | FLYNN TIMOTHY PATRICK | Grant | 65 | — |
| 2025-12-16 | HOOPER MICHELE J | Grant | 249 | — |
| 2025-12-16 | GARCIA PAUL R | Grant | 13 | — |
| 2025-12-16 | ROOS THOMAS E | Grant | 23 | — |
| 2025-10-01 | GARCIA PAUL R | Grant | 162 | — |
| 2025-10-01 | GARCIA PAUL R | Grant | 98 | — |
| 2025-10-01 | MCNABB FREDERICK WILLIAM III | Grant | 289 | — |
| 2025-10-01 | FLYNN TIMOTHY PATRICK | Grant | 272 | — |
| 2025-10-01 | Gil Kristen | Grant | 162 | — |
| 2025-10-01 | MONTGOMERY RICE VALERIE MD | Grant | 270 | — |
| 2025-10-01 | Baker Charles D. | Grant | 260 | — |
| 2025-10-01 | HOOPER MICHELE J | Grant | 162 | — |
| 2025-10-01 | Noseworthy John H | Grant | 261 | — |
| 2025-09-23 | Noel Timothy John | Grant | 42 | — |
| 2025-09-23 | DeVeydt Wayne S | Grant | 67 | — |
| 2025-09-23 | Gil Kristen | Grant | 7 | — |
| 2025-09-23 | Conway Patrick Hugh | Grant | 65 | — |
| 2025-09-23 | HEMSLEY STEPHEN J | Grant | 50 | — |
| 2025-09-23 | GARCIA PAUL R | Grant | 11 | — |
| 2025-09-23 | FLYNN TIMOTHY PATRICK | Grant | 61 | — |
| 2025-09-23 | HOOPER MICHELE J | Grant | 236 | — |
| 2025-09-23 | MCNABB FREDERICK WILLIAM III | Grant | 49 | — |
| 2025-09-23 | Baker Charles D. | Grant | 8 | — |
| 2025-09-23 | Noseworthy John H | Grant | 39 | — |
| 2025-09-23 | MONTGOMERY RICE VALERIE MD | Grant | 40 | — |
| 2025-09-23 | McSweeney Erin | Grant | 37 | — |
| 2025-09-23 | Zaetta Christopher R | Grant | 43 | — |
| 2025-09-23 | ROOS THOMAS E | Grant | 22 | — |
| 2025-09-11 | Baker Charles D. | Sell | 27 | $356.05 |
| 2025-09-02 | DeVeydt Wayne S | Grant | 11K | — |
| 2025-07-01 | HEMSLEY STEPHEN J | Grant | 198 | — |
| 2025-07-01 | FLYNN TIMOTHY PATRICK | Grant | 288 | — |
| 2025-07-01 | HOOPER MICHELE J | Grant | 173 | — |
| 2025-07-01 | MCNABB FREDERICK WILLIAM III | Grant | 294 | — |
| 2025-07-01 | Noseworthy John H | Grant | 288 | — |
| 2025-07-01 | GARCIA PAUL R | Grant | 173 | — |
| 2025-07-01 | GARCIA PAUL R | Grant | 96 | — |
| 2025-07-01 | Baker Charles D. | Grant | 269 | — |
| 2025-07-01 | MONTGOMERY RICE VALERIE MD | Grant | 288 | — |
| 2025-07-01 | Gil Kristen | Grant | 173 | — |
| 2025-06-24 | Conway Patrick Hugh | Grant | 73 | — |
| 2025-06-24 | MONTGOMERY RICE VALERIE MD | Grant | 43 | — |
| 2025-06-24 | ROOS THOMAS E | Grant | 25 | — |
| 2025-06-24 | HOOPER MICHELE J | Grant | 266 | — |
| 2025-06-24 | HEMSLEY STEPHEN J | Grant | 55 | — |
| 2025-06-24 | Gil Kristen | Grant | 7 | — |
| 2025-06-24 | Noseworthy John H | Grant | 42 | — |
| 2025-06-24 | GARCIA PAUL R | Grant | 11 | — |
| 2025-06-24 | Zaetta Christopher R | Grant | 48 | — |
| 2025-06-24 | Baker Charles D. | Grant | 8 | — |
| 2025-06-24 | REX JOHN F | Grant | 132 | — |
| 2025-06-24 | Noel Timothy John | Grant | 48 | — |
| 2025-06-24 | McSweeney Erin | Grant | 42 | — |
| 2025-06-24 | FLYNN TIMOTHY PATRICK | Grant | 66 | — |
| 2025-06-24 | MCNABB FREDERICK WILLIAM III | Grant | 53 | — |
| 2025-06-10 | Conway Patrick Hugh | Sell | 589 | $305.00 |
| 2025-06-06 | McSweeney Erin | Tax withheld | 130 | $303.22 |
| 2025-06-06 | Conway Patrick Hugh | Tax withheld | 160 | $303.22 |
| 2025-06-05 | Conway Patrick Hugh | Tax withheld | 668 | $295.84 |
| 2025-06-03 | REX JOHN F | Tax withheld | 30 | $301.22 |
| 2025-06-03 | Zaetta Christopher R | Tax withheld | 115 | $301.22 |
| 2025-06-02 | Conway Patrick Hugh | Grant | 1.6K | — |
| 2025-05-20 | HEMSLEY STEPHEN J | Gift | 2.5K | — |
| 2025-05-16 | REX JOHN F | Buy | 17K | $291.12 |
| 2025-05-16 | HEMSLEY STEPHEN J | Buy | 87K | $288.57 |
| 2025-05-15 | Gil Kristen | Buy | 3.7K | $271.17 |
| 2025-05-14 | Noseworthy John H | Buy | 300 | $312.16 |
| 2025-05-14 | FLYNN TIMOTHY PATRICK | Buy | 1.5K | $320.80 |
| 2025-04-01 | FLYNN TIMOTHY PATRICK | Grant | 180 | — |
| 2025-04-01 | Noseworthy John H | Grant | 180 | — |
| 2025-04-01 | MCNABB FREDERICK WILLIAM III | Grant | 183 | — |
| 2025-04-01 | GARCIA PAUL R | Grant | 108 | — |
| 2025-04-01 | GARCIA PAUL R | Grant | 60 | — |
| 2025-04-01 | HEMSLEY STEPHEN J | Grant | 273 | — |
| 2025-04-01 | Gil Kristen | Grant | 108 | — |
| 2025-04-01 | Baker Charles D. | Grant | 168 | — |
| 2025-04-01 | MONTGOMERY RICE VALERIE MD | Grant | 180 | — |
| 2025-04-01 | HOOPER MICHELE J | Grant | 108 | — |
| 2025-03-18 | Gil Kristen | Grant | 4 | — |
| 2025-03-18 | HEMSLEY STEPHEN J | Grant | 31 | — |
| 2025-03-18 | MONTGOMERY RICE VALERIE MD | Grant | 24 | — |
| 2025-03-18 | FLYNN TIMOTHY PATRICK | Grant | 38 | — |
| 2025-03-18 | WITTY ANDREW | Grant | 114 | — |
| 2025-03-18 | McSweeney Erin | Grant | 25 | — |
| 2025-03-18 | Zaetta Christopher R | Grant | 29 | — |
| 2025-03-18 | GARCIA PAUL R | Grant | 6 | — |
| 2025-03-18 | ROOS THOMAS E | Grant | 14 | — |
| 2025-03-18 | MCNABB FREDERICK WILLIAM III | Grant | 30 | — |
| 2025-03-18 | Noel Timothy John | Grant | 27 | — |
| 2025-03-18 | Cianfrocco Heather | Grant | 46 | — |
| 2025-03-18 | Noseworthy John H | Grant | 24 | — |
| 2025-03-18 | HOOPER MICHELE J | Grant | 152 | — |
| 2025-03-18 | Baker Charles D. | Grant | 4 | — |
| 2025-03-18 | REX JOHN F | Grant | 76 | — |
| 2025-02-21 | Zaetta Christopher R | Tax withheld | 109 | $466.42 |
| 2025-02-21 | Zaetta Christopher R | Tax withheld | 213 | $466.42 |
| 2025-02-21 | Zaetta Christopher R | Tax withheld | 110 | $466.42 |
| 2025-02-21 | ROOS THOMAS E | Tax withheld | 398 | $466.42 |
| 2025-02-21 | ROOS THOMAS E | Tax withheld | 149 | $466.42 |
| 2025-02-21 | ROOS THOMAS E | Tax withheld | 149 | $466.42 |
| 2025-02-21 | Cianfrocco Heather | Tax withheld | 264 | $466.42 |
| 2025-02-21 | Cianfrocco Heather | Tax withheld | 342 | $466.42 |
| 2025-02-21 | Cianfrocco Heather | Tax withheld | 397 | $466.42 |
| 2025-02-21 | McSweeney Erin | Tax withheld | 318 | $466.42 |
| 2025-02-21 | McSweeney Erin | Tax withheld | 207 | $466.42 |
| 2025-02-21 | McSweeney Erin | Tax withheld | 216 | $466.42 |
| 2025-02-21 | REX JOHN F | Tax withheld | 1.1K | $466.42 |
| 2025-02-21 | REX JOHN F | Tax withheld | 823 | $466.42 |
| 2025-02-21 | REX JOHN F | Tax withheld | 679 | $466.42 |
| 2025-02-21 | WITTY ANDREW | Tax withheld | 1.4K | $466.42 |
| 2025-02-21 | WITTY ANDREW | Tax withheld | 1.2K | $466.42 |
| 2025-02-21 | WITTY ANDREW | Tax withheld | 1.3K | $466.42 |
| 2025-02-21 | Noel Timothy John | Tax withheld | 230 | $466.42 |
| 2025-02-21 | Noel Timothy John | Tax withheld | 180 | $466.42 |
| 2025-02-21 | Noel Timothy John | Tax withheld | 222 | $466.42 |
| 2025-02-20 | REX JOHN F | Grant | 12K | — |
| 2025-02-20 | REX JOHN F | Grant | 7.5K | — |
| 2025-02-20 | WITTY ANDREW | Grant | 16K | — |
| 2025-02-20 | WITTY ANDREW | Tax withheld | 7.4K | $502.42 |
| 2025-02-20 | WITTY ANDREW | Grant | 11K | — |
| 2025-02-20 | Noel Timothy John | Grant | 2.5K | — |
| 2025-02-20 | Noel Timothy John | Tax withheld | 882 | $502.42 |
| 2025-02-20 | Noel Timothy John | Grant | 4.0K | — |
| 2025-02-20 | Zaetta Christopher R | Grant | 3.5K | — |
| 2025-02-20 | ROOS THOMAS E | Grant | 1.4K | — |
| 2025-02-20 | Cianfrocco Heather | Grant | 4.4K | — |
| 2025-02-20 | Cianfrocco Heather | Tax withheld | 1.7K | $502.42 |
| 2025-02-20 | Cianfrocco Heather | Grant | 4.0K | — |
| 2025-02-20 | McSweeney Erin | Grant | 3.7K | — |
| 2025-02-20 | McSweeney Erin | Tax withheld | 1.2K | $502.42 |
| 2025-02-20 | McSweeney Erin | Grant | 2.5K | — |
| 2025-02-20 | REX JOHN F | Tax withheld | 5.8K | $502.42 |
| 2025-02-14 | REX JOHN F | Tax withheld | 799 | $523.51 |
| 2025-02-14 | Cianfrocco Heather | Tax withheld | 182 | $523.51 |
| 2025-02-14 | Zaetta Christopher R | Tax withheld | 177 | $523.51 |
| 2025-02-14 | Noel Timothy John | Tax withheld | 114 | $523.51 |
| 2025-02-14 | WITTY ANDREW | Tax withheld | 1.1K | $523.51 |
| 2025-02-14 | ROOS THOMAS E | Tax withheld | 300 | $523.51 |
| 2025-02-14 | McSweeney Erin | Tax withheld | 139 | $523.51 |
| 2025-02-07 | REX JOHN F | Tax withheld | 15K | $531.48 |
| 2025-02-07 | REX JOHN F | Option exercise | 26K | $108.97 |
| 2025-01-17 | FLYNN TIMOTHY PATRICK | Buy | 1.0K | $511.57 |
| 2025-01-02 | HEMSLEY STEPHEN J | Grant | 283 | — |
| 2025-01-02 | Noseworthy John H | Grant | 186 | — |
| 2025-01-02 | FLYNN TIMOTHY PATRICK | Grant | 186 | — |
| 2025-01-02 | GARCIA PAUL R | Grant | 112 | — |
| 2025-01-02 | Baker Charles D. | Grant | 174 | — |
| 2025-01-02 | MCNABB FREDERICK WILLIAM III | Grant | 190 | — |
| 2025-01-02 | MONTGOMERY RICE VALERIE MD | Grant | 186 | — |
| 2025-01-02 | Gil Kristen | Grant | 62 | — |
| 2025-01-02 | Gil Kristen | Grant | 112 | — |
| 2025-01-02 | HOOPER MICHELE J | Grant | 112 | — |
| 2025-01-02 | GARCIA PAUL R | Grant | 62 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
- Centers for Medicare & Medicaid Services (CMS) 44% of rev
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-05 | 2026-06-01 | 0000731766-26-000138 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0000731766-26-000129 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000731766-26-000127 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0000731766-26-000121 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0000731766-26-000067 ↗ |
| 8-K | 2026-03-02 | 2026-02-24 | 0000731766-26-000064 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0000731766-26-000062 ↗ |
| 8-K | 2026-02-25 | 2026-02-23 | 0000731766-26-000046 ↗ |
| 8-K | 2026-01-27 | 2026-01-27 | 0000731766-26-000025 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0000731766-26-000020 ↗ |
| 8-K | 2025-11-21 | 2025-11-18 | 0000731766-25-000314 ↗ |
| 8-K | 2025-11-13 | 2025-11-06 | 0000731766-25-000310 ↗ |