UNH » Topics » 2007 Financial Performance Highlights

This excerpt taken from the UNH 10-K filed Feb 21, 2008.

2007 Financial Performance Highlights

UnitedHealth Group had strong results in 2007. The Company achieved growth across each of its reporting segments and generated net earnings of $4.7 billion, representing an increase of 12% over 2006. Other financial performance highlights include:

 

 

Diluted net earnings per common share of $3.42, an increase of 15% over 2006.

 

 

Consolidated revenues of $75.4 billion, an increase of 5% over 2006.

 

 

Earnings from operations of $7.8 billion, up $865 million, or 12%, over 2006.

 

 

Operating margin of 10.4%, up from 9.8% in 2006.

 

 

Cash flows from operations of $5.9 billion, representing 126% of 2007 net earnings.

This excerpt taken from the UNH 10-K filed Mar 6, 2007.

2006 Financial Performance Highlights

UnitedHealth Group had very strong results in 2006. The Company achieved diversified growth across its business segments and generated net earnings of $4.2 billion, representing an increase of 35% over 2005. Other financial performance highlights include:

 

 

Diluted net earnings per common share of $2.97, an increase of 29% over 2005.

 

 

Consolidated revenues of $71.5 billion, an increase of 54% over 2005, with revenues advancing in each business segment. Excluding the impact of acquisitions, revenues increased 21% over 2005.

 

 

Earnings from operations of $7.0 billion, up $1.9 billion, or 37%, over 2005.

 

 

Operating margin of 9.8%, down from 10.9% in 2005, primarily due to changes in business mix related to the PacifiCare acquisition and the launch of the Medicare Part D program.

 

 

Cash flows from operations of $6.5 billion, up from $4.1 billion in 2005.

 

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This excerpt taken from the UNH 10-K filed Feb 24, 2006.

2005 Financial Performance Highlights

 

UnitedHealth Group had a very strong year in 2005. The company achieved diversified growth across its business segments and generated net earnings of $3.3 billion, representing an increase of 28% over 2004. Other financial performance highlights include:

 

    Diluted net earnings per common share of $2.48, an increase of 26% over 2004.

 

    Revenues of $45.4 billion, a 22% increase over 2004. Excluding the impact of acquisitions, revenues increased 11% over 2004.

 

    Earnings from operations of $5.4 billion, up 31% over 2004.

 

    Operating margin of 11.8%, up from 11.0% in 2004.

 

UnitedHealth Group acquired PacifiCare Health Plans, Inc. (PacifiCare) in December 2005 for total consideration of approximately $8.8 billion, Oxford Health Plans, Inc. (Oxford) in July 2004 for total consideration of approximately $5.0 billion and Mid Atlantic Medical Services, Inc. (MAMSI) in February 2004 for total consideration of approximately $2.7 billion. The results of operations and financial condition of PacifiCare, Oxford and MAMSI have been included in UnitedHealth Group’s consolidated financial statements since the respective acquisition dates.

 

This excerpt taken from the UNH 10-K filed Mar 1, 2005.

2004 Financial Performance Highlights

 

UnitedHealth Group had an excellent year in 2004. The company achieved diversified growth across its business segments and generated net earnings of $2.6 billion and operating cash flows of $4.1 billion, representing increases of 42% and 38%, respectively, over 2003. Other financial performance highlights include:

 

    Diluted net earnings per common share of $3.94, representing an increase of 33% over 2003.

 

    Revenues of $37.2 billion, a 29% increase over 2003. Excluding the impact of acquisitions, revenues increased 8% over 2003.

 

    Operating earnings of more than $4.1 billion, up 40% over 2003.

 

    Consolidated operating margin of 11.0%, up from 10.2% in 2003, driven primarily by improved margins on risk-based products, revenue mix changes and operational and productivity improvements.

 

    Return on shareholders’ equity of 31.4%.

 

UnitedHealth Group acquired Oxford Health Plans, Inc. (Oxford) in July 2004 for total consideration of approximately $5.0 billion and acquired Mid Atlantic Medical Services, Inc. (MAMSI) in February 2004 for total consideration of approximately $2.7 billion. The results of operations and financial condition of Oxford and MAMSI have been included in UnitedHealth Group’s Consolidated Financial Statements since the respective acquisition dates.

 

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