UNH Q1 2016 Earnings Report — UnitedHealth Group Incorporated Revenue & Financial Results | Market Cap Arena

UnitedHealth Group IncorporatedUNH

Q1 2016 Earnings

Reported May 4, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$44.5B	—	—	—	—
Op. Income	$3.0B	—	—	—	—
Gross Margin	23.0%	—	—	—	—
Net Margin	3.6%	—	—	—	—
EPS (Diluted)	$1.67	—	—	—	—
Free Cash Flow	$1.9B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$44.5B
Cost of Revenue	$34.3B
GROSS PROFIT	$10.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$7.3B
Operating Expenses	$7.3B
Cost & Expenses	$41.6B
OPERATING INCOME	$3.0B
Interest Income	$0
Interest Expense	$259M
Other Income/Expenses	-$259M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$502M
EBIT	$3.0B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$44.5B
Cost of Revenue	$34.3B
GROSS PROFIT	$10.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$7.3B
Operating Expenses	$7.3B
Cost & Expenses	$41.6B
OPERATING INCOME	$3.0B
Interest Income	$0
Interest Expense	$259M
Other Income/Expenses	-$259M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$1.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.6B
D&A	$502M
EBIT	$3.0B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.6B
Depreciation & Amortization	$502M
Stock-Based Compensation	$157M
Deferred Income Tax	$151M
Other Non-Cash Items	$0
Change in Working Capital	-$119M
OPERATING CASH FLOW	$2.3B
Capital Expenditure	-$425M
Acquisitions (Net)	-$1.7B
Purchases of Investments	-$2.1B
Sales/Maturities of Investments	$3.1B
Other Investing Activities	-$3.1B
NET CASH FROM INVESTING	-$4.2B
Net Debt Issuance	$1.6B
Common Stock Repurchased	-$500M
Common Dividends Paid	-$477M
Other Financing Activities	$880M
NET CASH FROM FINANCING	$1.5B
FREE CASH FLOW	$1.9B
Net Change in Cash	-$327M

Balance Sheet

Item	Amount
Cash & Equivalents	$10.6B
Short-Term Investments	$2.4B
Net Receivables	$14.6B
Inventory	$0
Other Current Assets	$6.1B
TOTAL CURRENT ASSETS	$33.7B
PP&E (Net)	$5.0B
Goodwill	$46.3B
Intangible Assets	$8.9B
Long-Term Investments	$20.9B
Tax Assets	$3.1B
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$84.1B
TOTAL ASSETS	$117.9B
Account Payables	$29.6B
Short-Term Debt	$6.5B
Deferred Revenue	$1.9B
Other Current Liabilities	$8.3B
TOTAL CURRENT LIABILITIES	$46.3B
Long-Term Debt	$27.2B
Deferred Revenue NC	-$3.1B
Deferred Tax Liabilities	$3.1B
Other Non-Current Liabilities	$7.5B
TOTAL NON-CURRENT LIABILITIES	$34.7B
TOTAL LIABILITIES	$81.0B
Common Stock	$10M
Additional Paid-In Capital	$0
Retained Earnings	$38.0B
Treasury Stock	$0
Accum. Other Comp. Income	-$2.8B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$35.2B
Minority Interest	$1.7B
TOTAL EQUITY	$36.9B
TOTAL LIABILITIES & EQUITY	$117.9B
Total Debt	$33.7B
Net Debt	$23.1B