What is the current annual operating margin of UNH?

As of today, UNH annual operating margin is 4.24%

What is 1-year change in UNH annual operating margin?

UNH annual operating margin is down -47.46% year-over-year

What is 3-year change in UNH annual operating margin?

UNH annual operating margin is down -51.65% over the past 3 years

How far is UNH annual operating margin from its all-time high?

UNH annual operating margin is currently -68.80% below its historical high of 13.59% set on December 31, 1991

How does UNH annual operating margin rank versus sector peers?

UNH annual operating margin is higher than 72.13% of companies in Healthcare sector

When is UNH next annual earnings release?

The next annual earnings release for UNH is on January 12, 2027

What is the current quarterly operating margin of UNH?

As of today, UNH quarterly operating margin is 5.82%

What is UNH quarterly operating margin most recent change?

UNH quarterly operating margin was down -18.37% on September 30, 2026

What is 1-year change in UNH quarterly operating margin?

UNH quarterly operating margin is up +52.76% year-over-year

How far is UNH quarterly operating margin from its all-time high?

UNH quarterly operating margin is currently -67.99% below its historical high of 18.18% set on December 31, 1993

How does UNH quarterly operating margin rank versus sector peers?

UNH quarterly operating margin is higher than 68.77% of companies in Healthcare sector

When is UNH next earnings release?

The next earnings release for UNH is on January 12, 2027

UNH Operating Margin History & Chart Since 1984

Annual Operating Margin

4.24%3.83%-47.46%

December 31, 2025

Summary

Current Value: As of today, UNH annual operating margin is 4.24%, down -47.46% on December 31, 2025
Historical Performance: UNH annual operating margin is down -51.65% over the past 3 years, down -51.32% over the past 5 years
All-Time High Comparison: UNH annual operating margin is currently -68.80% below its historical high of 13.59% set on December 31, 1991
3-Year Low Comparison: UNH annual operating margin is at its 3-year low
Sector Comparison: UNH annual operating margin is higher than 72.13% of companies in Healthcare sector

Operating Margin Chart

beforeafter

Performance

UNH Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	4.24%	-47.5%	-51.6%	-51.3%	-49.2%
Quarterly Operating Margin	Sep 30, 26	5.82%	+52.8%	-29.4%	-26.3%	-28.9%
Price	Oct 29, 26	$410.91	+15.7%	-21.7%	-10.8%	+741.2%
PE Ratio	Oct 29, 26	23.45	+26.5%	+3.0%	-17.9%	+115.5%
Annual Revenue	Dec 31, 25	$447.57B	+11.8%	+38.1%	+74.1%	+375.4%
Annual Operating Profit	Dec 31, 25	$18.96B	-41.3%	-33.3%	-15.4%	+141.2%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	2.86%	-24.9%	-55.1%	-53.3%	-41.9%

Operating Margin Highs

UNH Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	8.77%	N/A	-51.6%
5Y	8.77%	Dec 31, 22	-51.6%
All	13.59%	Dec 31, 91	-68.8%

Operating Margin Lows

UNH Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	4.24%	Dec 31, 25	at low
5Y	4.24%	Dec 31, 25	at low
All	-4.62%	Dec 1, 84	+191.8%

Operating Margin History

Year	Value	Change
2025	4.24%	-47.5%
2024	8.07%	-7.3%
2023	8.71%	-0.7%
2022	8.77%	+5.3%
2021	8.33%	-4.4%
2020	8.71%	+7.1%
2019	8.13%	+6.0%
2018	7.67%	+1.5%
2017	7.56%	+8.0%
2016	7.00%	-0.3%
2015	7.02%	-10.8%
2014	7.87%	+0.1%
2013	7.86%	-6.1%
2012	8.37%	+0.7%
2011	8.31%	-0.5%
2010	8.35%	+13.3%
2009	7.37%	-9.5%
2008	8.14%	-21.8%
2007	10.41%	+6.6%
2006	9.77%	-10.9%
2005	10.96%	-0.5%

Year	Value	Change
2004	11.02%	+8.3%
2003	10.18%	+16.5%
2002	8.74%	+30.8%
2001	6.68%	+17.6%
2000	5.68%	+17.8%
1999	4.82%	+22.3%
1998	3.94%	-37.4%
1997	6.29%	+6.3%
1996	5.92%	-45.4%
1995	10.84%	-19.3%
1994	13.43%	+24.4%
1993	10.80%	-12.3%
1992	12.31%	-9.4%
1991	13.59%	+49.0%
1990	9.12%	+147.2%
1989	3.69%	+269.0%
1988	1.00%	+180.0%
1987	-1.25%	-132.1%
1986	3.90%	-3.7%
1985	4.05%	+187.7%
1984	-4.62%	-

FAQ

What is the current annual operating margin of UNH?: As of today, UNH annual operating margin is 4.24%
What is 1-year change in UNH annual operating margin?: UNH annual operating margin is down -47.46% year-over-year
What is 3-year change in UNH annual operating margin?: UNH annual operating margin is down -51.65% over the past 3 years
How far is UNH annual operating margin from its all-time high?: UNH annual operating margin is currently -68.80% below its historical high of 13.59% set on December 31, 1991
How does UNH annual operating margin rank versus sector peers?: UNH annual operating margin is higher than 72.13% of companies in Healthcare sector
When is UNH next annual earnings release?: The next annual earnings release for UNH is on January 12, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

5.82%1.31%-18.37%

September 30, 2026

Summary

Current Value: As of today, UNH quarterly operating margin is 5.82%, down -18.37% on September 30, 2026
Historical Performance: UNH quarterly operating margin is up +52.76% year-over-year, down -29.37% over the past 3 years
All-Time High Comparison: UNH quarterly operating margin is currently -67.99% below its historical high of 18.18% set on December 31, 1993
3-Year Low Comparison: UNH quarterly operating margin is +1611.76% above its 3-year low of 0.34% reached on December 31, 2025
Sector Comparison: UNH quarterly operating margin is higher than 68.77% of companies in Healthcare sector

Performance

UNH Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	5.82%	-18.4%	+52.8%	-29.4%	-26.3%
Annual Operating Margin	Dec 31, 25	4.24%	–	-47.5%	-51.6%	-51.3%
Price	Oct 29, 26	$410.91	-2.3%	+15.7%	-21.7%	-10.8%
PE Ratio	Oct 29, 26	23.45	-13.3%	+26.5%	+3.0%	-17.9%
Quarterly Revenue	Sep 30, 26	$112.69B	+0.6%	-0.4%	+23.4%	+55.8%
Quarterly Operating Profit	Sep 30, 26	$6.56B	-17.9%	+52.1%	-12.8%	+14.9%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	3.82%	-24.5%	+69.8%	-42.2%	-34.0%

Quarterly Operating Margin Highs

UNH Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	8.05%	Mar 31, 26	-27.7%
3Y	8.64%	Sep 30, 24	-32.6%
5Y	8.80%	Mar 31, 23	-33.9%
All	18.18%	Dec 31, 93	-68.0%

Quarterly Operating Margin Lows

UNH Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	0.34%	Dec 31, 25	+1611.8%
3Y	0.34%	Dec 31, 25	+1611.8%
5Y	0.34%	Dec 31, 25	+1611.8%
All	-472.76%	Dec 31, 88	+101.2%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	5.82%	-18.4%
Jun 2026	7.13%	-11.4%
Mar 2026	8.05%	+2,267.6%
Dec 2025	0.34%	-91.1%
Sep 2025	3.81%	-17.4%
Jun 2025	4.61%	-44.6%
Mar 2025	8.32%	+7.9%
Dec 2024	7.71%	-10.8%
Sep 2024	8.64%	+8.4%
Jun 2024	7.97%	+0.3%
Mar 2024	7.95%	-2.3%
Dec 2023	8.14%	-1.2%
Sep 2023	8.24%	-5.0%
Jun 2023	8.67%	-1.5%
Mar 2023	8.80%	+5.8%
Dec 2022	8.32%	-3.8%
Sep 2022	8.65%	+1.3%
Jun 2022	8.54%	-1.5%
Mar 2022	8.67%	+15.4%
Dec 2021	7.51%	-4.9%
Sep 2021	7.90%	-5.7%
Jun 2021	8.38%	-12.7%
Mar 2021	9.60%	+78.8%
Dec 2020	5.37%	-24.8%
Sep 2020	7.14%	-52.0%
Jun 2020	14.87%	+91.6%
Mar 2020	7.76%	-7.3%
Dec 2019	8.37%	+0.7%
Sep 2019	8.31%	+6.1%
Jun 2019	7.83%	-2.2%
Mar 2019	8.01%	+4.0%
Dec 2018	7.70%	-5.2%
Sep 2018	8.12%	+8.3%
Jun 2018	7.50%	+2.2%
Mar 2018	7.34%	-3.9%
Dec 2017	7.64%	-5.9%
Sep 2017	8.12%	+9.0%
Jun 2017	7.45%	+6.4%
Mar 2017	7.00%	+4.5%
Dec 2016	6.70%	-13.3%
Sep 2016	7.73%	+12.2%
Jun 2016	6.89%	+3.6%
Mar 2016	6.65%	+17.5%
Dec 2015	5.66%	-22.1%
Sep 2015	7.27%	-8.9%
Jun 2015	7.98%	+8.1%
Mar 2015	7.38%	-10.8%
Dec 2014	8.27%	-6.7%
Sep 2014	8.86%	+13.2%
Jun 2014	7.83%	+20.8%
Mar 2014	6.48%	-17.8%
Dec 2013	7.88%	-8.3%
Sep 2013	8.59%	+8.7%
Jun 2013	7.90%	+12.1%
Mar 2013	7.05%	-3.4%
Dec 2012	7.30%	-23.6%
Sep 2012	9.56%	+17.2%
Jun 2012	8.16%	-3.9%
Mar 2012	8.49%	+6.1%
Dec 2011	8.00%	-2.3%
Sep 2011	8.19%	-1.6%
Jun 2011	8.32%	-4.7%
Mar 2011	8.73%	+16.4%
Dec 2010	7.50%	-17.2%
Sep 2010	9.06%	+10.9%
Jun 2010	8.17%	-6.0%
Mar 2010	8.69%	+19.7%
Dec 2009	7.26%	-6.9%
Sep 2009	7.80%	+16.9%
Jun 2009	6.67%	-13.5%
Mar 2009	7.71%	-1.2%
Dec 2008	7.80%	-7.4%
Sep 2008	8.42%	+7.0%
Jun 2008	7.87%	-6.8%
Mar 2008	8.44%	-22.6%
Dec 2007	10.90%	-5.5%
Sep 2007	11.54%	+5.7%

Month	Value	Change
Jun 2007	10.92%	+31.4%
Mar 2007	8.31%	-24.0%
Dec 2006	10.93%	+5.4%
Sep 2006	10.37%	+11.0%
Jun 2006	9.34%	+10.5%
Mar 2006	8.45%	-20.3%
Dec 2005	10.60%	-6.9%
Sep 2005	11.39%	+2.7%
Jun 2005	11.09%	+3.2%
Mar 2005	10.75%	-4.9%
Dec 2004	11.30%	+2.0%
Sep 2004	11.08%	+2.0%
Jun 2004	10.86%	+3.6%
Mar 2004	10.48%	-2.7%
Dec 2003	10.77%	+2.2%
Sep 2003	10.54%	+5.4%
Jun 2003	10.00%	+6.8%
Mar 2003	9.36%	+2.7%
Dec 2002	9.11%	-0.5%
Sep 2002	9.16%	+6.5%
Jun 2002	8.60%	+7.2%
Mar 2002	8.02%	+14.7%
Dec 2001	6.99%	+4.8%
Sep 2001	6.67%	+0.9%
Jun 2001	6.61%	+2.8%
Mar 2001	6.43%	+5.9%
Dec 2000	6.07%	+5.4%
Sep 2000	5.76%	+4.3%
Jun 2000	5.52%	+3.2%
Mar 2000	5.35%	+3.5%
Dec 1999	5.17%	+6.2%
Sep 1999	4.87%	+5.2%
Jun 1999	4.63%	+0.7%
Mar 1999	4.60%	-0.2%
Dec 1998	4.61%	-6.1%
Sep 1998	4.91%	+350.5%
Jun 1998	1.09%	-78.5%
Mar 1998	5.08%	-19.2%
Dec 1997	6.29%	-0.5%
Sep 1997	6.32%	+0.3%
Jun 1997	6.30%	+0.6%
Mar 1997	6.26%	+7.4%
Dec 1996	5.83%	+1.0%
Sep 1996	5.77%	+47.6%
Jun 1996	3.91%	-53.2%
Mar 1996	8.35%	+3.5%
Dec 1995	8.07%	-34.9%
Sep 1995	12.39%	-0.3%
Jun 1995	12.43%	-4.1%
Mar 1995	12.96%	-8.5%
Dec 1994	14.16%	+3.1%
Sep 1994	13.74%	+5.2%
Jun 1994	13.06%	+2.8%
Mar 1994	12.70%	-30.1%
Dec 1993	18.18%	+80.4%
Sep 1993	10.08%	-20.2%
Jun 1993	12.63%	-0.2%
Mar 1993	12.66%	-1.9%
Dec 1992	12.90%	+3.9%
Sep 1992	12.42%	+1.6%
Jun 1992	12.22%	+5.1%
Mar 1992	11.63%	-7.5%
Dec 1991	12.57%	-8.4%
Sep 1991	13.72%	-8.8%
Jun 1991	15.05%	+12.1%
Mar 1991	13.43%	+41.4%
Dec 1990	9.50%	+4.2%
Sep 1990	9.12%	+3.1%
Jun 1990	8.85%	-1.8%
Mar 1990	9.01%	+11.8%
Dec 1989	8.06%	+23.1%
Sep 1989	6.55%	+20.2%
Jun 1989	5.45%	+101.2%
Dec 1988	-472.76%	-47.7%
Dec 1987	-319.98%	-66.4%
Dec 1986	-192.29%	+5.0%
Dec 1985	-202.49%	-

FAQ

What is the current quarterly operating margin of UNH?: As of today, UNH quarterly operating margin is 5.82%
What is UNH quarterly operating margin most recent change?: UNH quarterly operating margin was down -18.37% on September 30, 2026
What is 1-year change in UNH quarterly operating margin?: UNH quarterly operating margin is up +52.76% year-over-year
How far is UNH quarterly operating margin from its all-time high?: UNH quarterly operating margin is currently -67.99% below its historical high of 18.18% set on December 31, 1993
How does UNH quarterly operating margin rank versus sector peers?: UNH quarterly operating margin is higher than 68.77% of companies in Healthcare sector
When is UNH next earnings release?: The next earnings release for UNH is on January 12, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

UNH Official Website www.unitedhealthgroup.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/731766/000073176626000025/0000731766-26-000025-index.htm
UNH Profile on Yahoo Finance finance.yahoo.com/quote/UNH
UNH Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/unh