UNITEDHEALTH GROUP INC

Hospital & Medical Service Plans·EDEN PRAIRIE, MN·FY end 12/31·CIK 731766

CEO Pay Ratio

748:1

Stephen Hemsley

CEO Total Comp

$60.9M

Stephen Hemsley

Median Employee

$81,474

Revenue

$447.6B

FY 2025

Net Income

$12.1B

FY 2025

Free Cash Flow

$16.1B

FY 2025

Net Margin

2.7%

Insider Net (180d)

-$284.0K

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

0.51%

For every $1,000 of profit, $5.05 flows to the CEO.

CEO comp as % of buybacks

1.10%

CEO comp equals 11.0‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$447.6B	$400.3B	$371.6B	$324.2B	$287.6B
Gross Profit	—	—	—	—	—	—
Operating Income	$19.0B	$32.3B	$32.4B	$28.4B	$24.0B
Net Income	$12.1B	$14.4B	$22.4B	$20.1B	$17.3B
Operating CF	$19.7B	$24.2B	$29.1B	$26.2B	$22.3B
Capex	$3.6B	$3.5B	$3.4B	$2.8B	$2.5B
Free Cash Flow	$16.1B	$20.7B	$25.7B	$23.4B	$19.9B
Buybacks	$5.5B	$9.0B	$8.0B	$7.0B	$5.0B
Dividends	$2.0B	$1.9B	$1.7B	$1.5B	$1.4B

Gross Margin	—	—	—	—	—	—
Operating Margin	4.2%	8.1%	8.7%	8.8%	8.3%
Net Margin	2.7%	3.6%	6.0%	6.2%	6.0%
FCF Margin	3.6%	5.2%	6.9%	7.2%	6.9%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	12.9%	24.1%	20.5%	21.7%	20.5%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	34.5%	43.5%	31.2%	29.9%	25.1%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Stephen HemsleyChief Executive Officer	$596.2K	—	$60.0M	—	$341.9K	$60.9M
Andrew WittyFormer Chief Executive Officer	$903.8K	$17.3M	$5.8M	—	$694.9K	$24.6M
John RexFormer President and Chief Financial Officer	$1.4M	$11.3M	$3.8M	—	$8.1M	$24.5M
Timothy NoelChief Executive Officer, UnitedHealthcare	$981.8K	$15.0M	$2.0M	$1.8M	$469.3K	$20.2M
Patrick ConwayM.D. Chief Executive Officer, Optum	$980.6K	$15.0M	$2.0M	$1.8M	$191.0K	$19.9M
Christopher ZaettaExecutive Vice President Chief Legal Officer and Corporate Secretary	$845.2K	$12.3M	$1.8M	$925.0K	$21.3K	$15.8M
Wayne DeVeydtChief Financial Officer	$284.6K	$8.3M	$3.3M	$2.7M	$97.6K	$14.6M