UnitedHealth Group Reports Second Quarter Results

July 15, 2022 | 4 min Read
  • Revenues of $80.3 Billion Grew 13% Year-Over-Year, with Double-Digit Growth at both Optum and UnitedHealthcare

  • Earnings from Operations were $7.1 Billion, Growth of 19% Year-Over-Year

  • Cash Flows from Operations were $6.9 Billion, 1.3x Net Income 

  • Earnings were $5.34 Per Share, Adjusted Earnings $5.57 Per Share

UnitedHealth Group (NYSE: UNH) reported second quarter 2022 performance led by broad-based growth at Optum and UnitedHealthcare.

“Customers are responding as we build on our five growth pillars, enabling us to move into the second half of 2022 with strong momentum serving ever more people more deeply,” said Andrew Witty, chief executive officer of UnitedHealth Group.

Based upon the first half performance and growth expectations, the company increased its full year net earnings outlook to $20.45 to $20.95 per share and adjusted net earnings to $21.40 to $21.90 per share. Growth in the second quarter was balanced across the company’s businesses, driven especially by continued strong expansion in people served at UnitedHealthcare and in value-based arrangements at Optum Health.

Download: UnitedHealth Group Earnings, Including Financial Tables