Keep pulling the thread on UnitedHealth Group.
UnitedHealth Group reported adjusted earnings per share of $16.35 for the full year 2025, which was slightly ahead of the company's expectations.
UnitedHealth Group projects adjusted earnings per share to be greater than $17.75 in 2026, representing growth of at least 8.6%.
UnitedHealthcare expects its Medicare medical cost trend to be 10% in 2026.
UnitedHealthcare expects its Medicare Advantage membership to contract by 1.3 million to 1.4 million members in 2026.
UnitedHealthcare expects its Medicare margins to improve by approximately 50 basis points in 2026 compared to 2025.
UnitedHealthcare believes the 2027 Medicare Advantage advance notice from CMS does not adequately reflect current medical utilization and cost trends.
UnitedHealthcare projects approximately 13% adjusted operating earnings growth for 2026.
UnitedHealthcare expects its overall operating earning margins to expand by 40 basis points in 2026.
UnitedHealthcare expects a total membership contraction of 2.3 to 2.8 million people in 2026.
UnitedHealthcare anticipates achieving nearly $1 billion in operating cost reductions in 2026, largely through the use of AI and machine learning.
UnitedHealth Group's full-year 2025 revenues were nearly $448 billion, representing 12% growth over 2024.
UnitedHealth Group generated $19.7 billion in cash flows from operations in 2025, which was approximately 1.5 times its net income.