Medical insurance organization UnitedHealth Group (NYSE: UNH) released the 2Q 2021 cash report:
- revenue increased by 14,8 %, up to $71.3 billion;
- operating profit fell to 35,3 %, up to 6 billion;
- unblemished profit fell on 35,7 %, up to 4.3 billion;
- the spotless margin has fallen from 10,7 up to six percent.
Despite rising revenue, marginality, along with the profit of the company., fell down. In the 2nd quarter of last year, in the midst of a severe epidemic, non-urgent examinations and operations canceled, and medical centers were reequipped to combat coronavirus. How UnitedHealth reduced the cost of routine medical care and received windfall profits.
Now polyclinics have returned to their specialized operations.. medical service expenses, the main component of all UnitedHealth operating costs, increased by 34,2 %, with 34,7 up to $ 46.5 billion.
What he earns
UnitedHealth Group operates through two subsidiaries: UnitedHealthcare и Optum.
UnitedHealthcare provides medical insurance programs all over the world. Serves large and small employers, personal clients, Elderly, participating Medicare and Medicaid programs.
Monetary indicators of the branch in the 2nd quarter:
- revenue increased by thirteen percent, up to $55.5 billion;
- operating profit fell to 55,8 %, up to 3.1 billion;
- operating margin fell from 14,3 to 5,6 %.
optum provides medical services with the implementation of IT products. Helps Increase Productivity, reduce costs and improve service quality based on big data analytics. Serves employers, government, Pharmacy, hospitals and life sciences companies.
Divisional financial results in the second quarter:
- revenue increased by 17,2%, up to $38.3 billion;
- operating profit increased by 29,1%, up to 2.9 billion;
- operating margin increased from 6,8 to 7,5%.
Shares and dividends
Since the beginning of the year, unitedhealth Group's securities have grown by 20%, to 420 $. Consensus forecast of analysts for the following 12 months — 446 $.
UnitedHealth Group 11 years in a row increases dividends. In June, the company increased quarterly payments by 16%. For 8 лет квартальный дивиденд вырос в пять раз, with 0,28 to 1,45 $ per share. Годовая доходность — 1,4%.
Revenue in the second quarter, million dollars
| 2020 | 2021 | The change | |
|---|---|---|---|
| UnitedHealthcare | 49 107 | 55 474 | 13% |
| optum | 32 695 | 38 303 | 17,2% |
| Mutual settlements | −19 664 | −22 456 | 14,2% |
| Total | 62 138 | 71 321 | 14,8% |
UnitedHealthcare
2020
49 107
2021
55 474
The change
13%
optum
2020
32 695
2021
38 303
The change
17,2%
Mutual settlements
2020
−19 664
2021
−22 456
The change
14,2%
Total
2020
62 138
2021
71 321
The change
14,8%
Annual margin
| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Operating | 7,7% | 8,1% | 8,7% |
| Clean | 5,3% | 5,7% | 6,0% |
Operating
2018
7,7%
2019
8,1%
2020
8,7%
Clean
2018
5,3%
2019
5,7%
2020
6,0%
