UNH reported Q1 2026 EPS of $7.23, surpassing consensus of $6.59, driven by better medical care ratio performance.
UnitedHealth Group Incorporated posted Q1 2026 earnings per share of $7.23, exceeding analyst expectations of $6.59. Revenue reached $111.7 billion, above the $109.44 billion forecast, reflecting steady top-line growth and operational recovery.
The company’s EPS trajectory shows a rebound from $15.51 in 2024 to guidance above $18.25 for FY 2026. The key driver was a decline in the Medical Care Ratio, which improved from prior levels, signaling better underwriting discipline and cost management.
Shares traded at $388.47 as of May 25, with trailing and forward P/E ratios of 29.25 and 21.28, respectively. The results mark a clear inflection point following disruptions from the 2024 Change Healthcare cyberattack.