UnitedHealth Group Reports Fourth Quarter and Full Year 2022 Financial Results

January 13, 2023 | 4 min Read
  • Revenues of $324.2 Billion Grew 13% Year-Over-Year, with Double-Digit Growth at both Optum and UnitedHealthcare

  • Cash Flows from Operations were $26.2 Billion or 1.3x Net Income

  • Full Year and Fourth Quarter Net Earnings were $21.18 and $5.03 Per Share

  • Full Year and Fourth Quarter Adjusted Net Earnings were $22.19 and $5.34 Per Share

UnitedHealth Group (NYSE: UNH) reported full year and fourth quarter 2022 results reflecting broad-based growth at Optum and UnitedHealthcare.

“We expect the efforts by the people of our company that led to strong performance in 2022 will define 2023 as well, especially delivering balanced growth enterprise-wide, improving support for consumers and care providers, and investing to make high-quality care simpler, more accessible and affordable for everyone,” said Andrew Witty, chief executive officer of UnitedHealth Group.

UnitedHealth Group affirmed the 2023 growth and performance objectives established at its November 29th Investor Conference, including revenues of $357 billion to $360 billion, net earnings of $23.15 to $23.65 per share, adjusted net earnings of $24.40 to $24.90 per share and cash flows from operations of $27 billion to $28 billion.  

Download: UnitedHealth Group Earnings, Including Financial Tables