UNH FY 2016 Earnings Report — UnitedHealth Group Incorporated Revenue & Financial Results | Market Cap Arena

UnitedHealth Group IncorporatedUNH

FY 2016 Earnings

Reported February 8, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$184.8B	—	$157.1B	—	17.7%
Op. Income	$12.9B	—	$11.0B	—	17.3%
Gross Margin	23.5%	—	23.6%	—	-0.1pp
Net Margin	3.8%	—	3.7%	—	0.1pp
EPS (Diluted)	$7.25	—	$6.01	—	20.6%
Free Cash Flow	$8.1B	—	$8.2B	—	-1.1%

Revenue Flow

Item	Amount
REVENUE	$184.8B
Cost of Revenue	$141.5B
GROSS PROFIT	$43.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$30.5B
Operating Expenses	$30.5B
Cost & Expenses	$171.9B
OPERATING INCOME	$12.9B
Interest Income	$0
Interest Expense	$1.1B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$11.9B
Income Tax Expense	$4.8B
Net Income from Continuing Ops	$7.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.0B
D&A	$2.1B
EBIT	$12.9B
EBITDA	$15.0B
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$184.8B
Cost of Revenue	$141.5B
GROSS PROFIT	$43.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$30.5B
Operating Expenses	$30.5B
Cost & Expenses	$171.9B
OPERATING INCOME	$12.9B
Interest Income	$0
Interest Expense	$1.1B
Other Income/Expenses	-$1.1B
INCOME BEFORE TAX	$11.9B
Income Tax Expense	$4.8B
Net Income from Continuing Ops	$7.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7.0B
D&A	$2.1B
EBIT	$12.9B
EBITDA	$15.0B
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$7.0B
Depreciation & Amortization	$2.1B
Stock-Based Compensation	$485M
Deferred Income Tax	$81M
Other Non-Cash Items	-$26M
Change in Working Capital	$183M
OPERATING CASH FLOW	$9.8B
Capital Expenditure	-$1.7B
Acquisitions (Net)	-$1.8B
Purchases of Investments	-$5.9B
Sales/Maturities of Investments	$11.6B
Other Investing Activities	-$11.6B
NET CASH FROM INVESTING	-$9.4B
Net Debt Issuance	$990M
Common Stock Repurchased	-$1.3B
Common Dividends Paid	-$2.3B
Other Financing Activities	$1.5B
NET CASH FROM FINANCING	-$1.0B
FREE CASH FLOW	$8.1B
Net Change in Cash	-$493M

Balance Sheet

Item	Amount
Cash & Equivalents	$10.4B
Short-Term Investments	$2.8B
Net Receivables	$8.2B
Inventory	$0
Other Current Assets	$12.3B
TOTAL CURRENT ASSETS	$33.7B
PP&E (Net)	$5.9B
Goodwill	$47.6B
Intangible Assets	$8.5B
Long-Term Investments	$23.9B
Tax Assets	$2.8B
Other Non-Current Assets	$276M
TOTAL NON-CURRENT ASSETS	$88.9B
TOTAL ASSETS	$122.7B
Account Payables	$29.8B
Short-Term Debt	$7.2B
Deferred Revenue	$2.0B
Other Current Liabilities	$10.3B
TOTAL CURRENT LIABILITIES	$49.2B
Long-Term Debt	$25.8B
Deferred Revenue NC	-$2.8B
Deferred Tax Liabilities	$2.8B
Other Non-Current Liabilities	$7.3B
TOTAL NON-CURRENT LIABILITIES	$33.1B
TOTAL LIABILITIES	$82.3B
Common Stock	$10M
Additional Paid-In Capital	$0
Retained Earnings	$40.9B
Treasury Stock	$0
Accum. Other Comp. Income	-$2.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$38.4B
Minority Interest	$2.0B
TOTAL EQUITY	$40.4B
TOTAL LIABILITIES & EQUITY	$122.7B
Total Debt	$33.0B
Net Debt	$22.5B