Common-Size Income Statement
Quarterly Data

UnitedHealth Group Inc., common-size consolidated income statement (quarterly data)

3 months ended:	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Premiums	79.30%	79.46%	79.56%	77.79%	78.54%	79.93%	79.06%	78.76%	79.15%	78.59%	79.32%	77.37%	79.42%	79.77%	80.31%	78.01%	78.99%	79.49%	80.28%	77.74%	78.40%	78.66%	78.50%
Products	12.12%	11.92%	11.96%	13.36%	13.55%	13.35%	13.16%	12.61%	12.60%	13.92%	13.48%	14.72%	13.07%	12.57%	12.21%	13.83%	13.31%	12.88%	12.64%	14.72%	14.52%	14.28%	14.42%
Services	8.58%	8.62%	8.49%	8.84%	7.91%	6.73%	7.78%	8.63%	8.25%	7.49%	7.21%	7.91%	7.51%	7.66%	7.48%	8.17%	7.70%	7.62%	7.08%	7.54%	7.08%	7.06%	7.08%
Revenues	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Medical costs	-65.85%	-65.78%	-64.38%	-64.72%	-64.29%	-56.12%	-64.01%	-64.95%	-65.19%	-65.29%	-65.00%	-63.63%	-64.37%	-65.36%	-65.34%	-64.15%	-64.31%	-65.36%	-66.14%	-62.82%	-62.99%	-64.53%	-64.11%
Cost of products sold	-10.86%	-10.82%	-10.86%	-11.72%	-12.25%	-12.14%	-12.00%	-10.77%	-11.07%	-12.66%	-12.32%	-13.13%	-11.96%	-11.61%	-11.27%	-12.52%	-12.12%	-11.83%	-11.70%	-13.34%	-13.29%	-13.19%	-13.25%
Cost of revenues	-76.71%	-76.60%	-75.24%	-76.44%	-76.54%	-68.25%	-76.01%	-75.72%	-76.26%	-77.95%	-77.33%	-76.76%	-76.33%	-76.97%	-76.60%	-76.67%	-76.42%	-77.19%	-77.84%	-76.16%	-76.28%	-77.72%	-77.37%
Gross profit	23.29%	23.40%	24.76%	23.56%	23.46%	31.75%	23.99%	24.28%	23.74%	22.05%	22.67%	23.24%	23.67%	23.03%	23.40%	23.33%	23.58%	22.81%	22.16%	23.84%	23.72%	22.28%	22.63%
Investment and other income	0.70%	0.79%	0.65%	0.68%	0.54%	0.55%	0.57%	0.72%	0.78%	0.97%	0.68%	0.59%	0.68%	0.64%	0.54%	0.58%	0.49%	0.51%	0.46%	0.55%	0.41%	0.42%	0.41%
Operating costs	-14.93%	-14.64%	-14.66%	-17.71%	-15.71%	-16.18%	-15.63%	-15.38%	-14.96%	-14.02%	-14.22%	-14.99%	-15.09%	-15.05%	-15.50%	-15.11%	-14.75%	-14.72%	-14.48%	-16.54%	-15.26%	-14.67%	-15.24%
Depreciation and amortization	-1.11%	-1.10%	-1.09%	-1.13%	-1.11%	-1.16%	-1.13%	-1.19%	-1.18%	-1.09%	-1.07%	-1.10%	-1.09%	-1.07%	-1.06%	-1.12%	-1.15%	-1.12%	-1.10%	-1.11%	-1.12%	-1.10%	-1.13%
Earnings from operations	7.95%	8.45%	9.66%	5.41%	7.18%	14.95%	7.80%	8.43%	8.37%	7.90%	8.07%	7.74%	8.17%	7.54%	7.38%	7.68%	8.16%	7.49%	7.04%	6.74%	7.77%	6.92%	6.68%
Interest expense	-0.59%	-0.58%	-0.57%	-0.62%	-0.61%	-0.70%	-0.68%	-0.72%	-0.75%	-0.70%	-0.67%	-0.64%	-0.63%	-0.62%	-0.60%	-0.60%	-0.59%	-0.60%	-0.58%	-0.57%	-0.58%	-0.59%	-0.58%
Earnings before income taxes	7.36%	7.87%	9.09%	4.79%	6.57%	14.26%	7.12%	7.70%	7.62%	7.21%	7.40%	7.10%	7.54%	6.93%	6.78%	7.09%	7.58%	6.89%	6.45%	6.17%	7.18%	6.33%	6.09%
Provision for income taxes	-1.53%	-1.69%	-1.96%	-1.17%	-1.54%	-3.42%	-1.71%	-1.64%	-1.56%	-1.57%	-1.46%	-1.65%	-1.70%	-1.53%	-1.46%	0.10%	-2.46%	-2.17%	-1.94%	-2.56%	-2.89%	-2.53%	-2.42%
Net earnings	5.83%	6.18%	7.14%	3.62%	5.03%	10.84%	5.41%	6.07%	6.06%	5.64%	5.94%	5.45%	5.85%	5.40%	5.33%	7.19%	5.11%	4.72%	4.52%	3.61%	4.29%	3.80%	3.67%
Earnings attributable to noncontrolling interests	-0.15%	-0.15%	-0.17%	-0.22%	-0.13%	-0.10%	-0.13%	-0.21%	-0.15%	-0.15%	-0.15%	-0.21%	-0.17%	-0.16%	-0.16%	-0.20%	-0.15%	-0.13%	-0.04%	-0.05%	-0.02%	-0.01%	-0.04%
Net earnings attributable to UnitedHealth Group common shareholders	5.69%	6.03%	6.97%	3.40%	4.90%	10.74%	5.28%	5.86%	5.91%	5.49%	5.79%	5.23%	5.68%	5.24%	5.17%	6.99%	4.96%	4.59%	4.48%	3.56%	4.27%	3.79%	3.63%

Income statement item	Description	The company
Earnings from operations	The net result for the period of deducting operating expenses from operating revenues.	UnitedHealth Group Inc. earnings from operations as a percentage of revenues decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Earnings before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	UnitedHealth Group Inc. earnings before income taxes as a percentage of revenues decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Net earnings attributable to UnitedHealth Group common shareholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	UnitedHealth Group Inc. net earnings attributable to UnitedHealth Group common shareholders as a percentage of revenues decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

UnitedHealth Group Inc. (NYSE:UNH)

Common-Size Income StatementQuarterly Data

Common-Size Income Statement
Quarterly Data