UNITEDHEALTH GROUP
UnitedHealth Group Incorporated is a health care company incorporated in the State of Delaware, having converted from a Minnesota corporation to a Delaware corporation on 1 July 2015. Minnesota state registration records list UnitedHealth Group Incorporated as an active registrant, consistent with the company’s continuing business presence in the state. UnitedHealth Group Incorporated’s principal address on file, Eden Prairie, Minnesota 55344, matches the company’s own investor disclosures, which describe 1 Health Drive, Eden Prairie, Minnesota as its corporate headquarters following a consolidation of executive functions completed in the first half of 2024 from a previous Minnetonka, Minnesota location.
UnitedHealth Group Incorporated operates through two principal, complementary businesses. UnitedHealthcare provides health care benefits and insurance products to individuals, employers and government-sponsored programmes, including Medicare and Medicaid. Optum provides health services spanning direct care delivery (OptumHealth), pharmacy care services (OptumRx), and health information technology, data and consulting services (OptumInsight). UnitedHealth Group Incorporated serves consumers, employers, government payers and health care providers, predominantly within the United States.
UnitedHealth Group Incorporated’s common stock is listed on the New York Stock Exchange under the ticker symbol UNH. For the year ended 31 December 2025, the company reported consolidated revenues of $447.6 billion, an increase of 12% year-on-year, and consolidated earnings from operations of $19.0 billion. The 2025 operating result included a $2.8 billion charge covering the final direct costs associated with the 2024 Change Healthcare cyberattack, divestitures, business exits and broader restructuring actions. UnitedHealth Group Incorporated reported more than 390,000 employees, including nearly 165,000 clinical professionals, as of the end of 2025.
Several material developments have affected UnitedHealth Group Incorporated since 2024. On 13 May 2025, the company announced a leadership transition in which Stephen J. Hemsley returned as chief executive officer and chair of the board, succeeding Andrew Witty. In July 2025, UnitedHealth Group Incorporated confirmed that it was cooperating with both criminal and civil U.S. Department of Justice investigations concerning its Medicare Advantage billing and diagnosis-coding practices. In August 2025, the company’s Optum business completed its acquisition of home health and hospice provider Amedisys, Inc. following a Department of Justice antitrust settlement requiring divestiture of more than 160 home health and hospice locations. For the 2026 financial year, UnitedHealth Group Incorporated guided to consolidated revenue above $439.0 billion, a projected year-on-year decline that the company described as its first guided full-year revenue decline in a decade.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
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Shareholders of UnitedHealth Group Incorporated
UnitedHealth Group Incorporated is listed on the New York Stock Exchange under the ticker UNH, with a share register dominated by institutional asset managers rather than a small number of controlling holders. Under U.S. securities law, only investors whose beneficial ownership crosses 5% of a class of stock must publicly disclose their holdings, via a Schedule 13G or 13G/A filed with the SEC; the majority of UnitedHealth Group Incorporated’s outstanding shares are held by investors below this threshold and are not individually named in public filings. Among disclosed major holders, BlackRock, Inc. reported beneficial ownership of approximately 7.8% of UnitedHealth Group Incorporated’s common stock (72,595,811 shares) in a Schedule 13G/A filed with the SEC on 6 February 2024. Vanguard’s reporting structure changed in January 2026, when certain Vanguard entities began filing beneficial-ownership disclosures separately rather than through a single consolidated filer; one such entity, Vanguard Capital Management, reported holding 7.50% of UnitedHealth Group Incorporated’s common stock (68,122,483 shares) as of 31 March 2026, though a single up-to-date combined percentage across all Vanguard-affiliated holders could not be independently confirmed from primary filings at the time of writing.
Data availability
Disclosure is major shareholders only: publicly available filings identify holders that have crossed the SEC’s 5% reporting threshold, not the complete shareholder base of a widely held NYSE-listed company. Ownership percentages and holder names shown elsewhere in this profile could not be independently reconciled against the primary SEC filings cited below and should be treated with caution.
Sources
- BlackRock, Inc., Schedule 13G/A, UnitedHealth Group Incorporated, filed with the SEC 6 February 2024 — sec.gov EDGAR (CIK 0000731766) — retrieved 11 September 2026.
- Vanguard Capital Management, Schedule 13G, UnitedHealth Group Incorporated, reporting holdings as of 31 March 2026 — sec.gov EDGAR — retrieved 11 September 2026.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Vanguard Group Inc | 19% | Minnesota Secretary of State | |
| Blackrock Inc. | 15.5% | Minnesota Secretary of State | |
| Capital International Investors | 3.6% | Minnesota Secretary of State | |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 2.4% | Minnesota Secretary of State | |
| Dodge & Cox Funds-Dodge & Cox Stock Fund | 1.4% | Minnesota Secretary of State |
Officers
5
Directors and officers of UnitedHealth Group Incorporated
UnitedHealth Group Incorporated’s most recent Form 10-K, filed with the SEC on 2 March 2026 for the year ended 31 December 2025, names seven executive officers under Section 16 of the Securities Exchange Act: Stephen Hemsley (Chair and Chief Executive Officer), Wayne DeVeydt (Chief Financial Officer), Dr. Patrick Conway (Chief Executive Officer, Optum), Timothy Noel (Chief Executive Officer, UnitedHealthcare), Erin McSweeney (Executive Vice President and Chief People Officer), Christopher Zaetta (Executive Vice President, Chief Legal Officer and Corporate Secretary) and Thomas Roos (Senior Vice President and Chief Accounting Officer). This SEC disclosure reflects current officers only and does not itemise historical appointment or resignation dates for prior office-holders. Separately, Minnesota state registration records associated with UnitedHealth Group Incorporated include additional names tied to earlier company filings, including one identified only as an original incorporator, which do not reflect the company’s current executive leadership. Nationality and country of residence are not disclosed for any officer in either the SEC filings or the state registration record reviewed.
Recent officer changes
- Stephen Hemsley was appointed Chair and Chief Executive Officer effective 13 May 2025, succeeding Andrew Witty. Source: UnitedHealth Group press release, “UnitedHealth Group Announces Leadership Transition,” 13 May 2025.
- Wayne DeVeydt was appointed Chief Financial Officer effective 2 September 2025, succeeding John F. Rex, who moved to a strategic adviser role. Source: UnitedHealth Group press release, 31 July 2025.
- Sandeep Dadlani, previously Executive Vice President and Chief Digital and Technology Officer, was named Chief Executive Officer of Optum Insight in September 2025. Source: UnitedHealth Group leadership announcements, September 2025, as reported by Healthcare Dive.
Data availability
SEC disclosure of UnitedHealth Group Incorporated’s Section 16 executive officers is current and refreshed with each annual 10-K and related 8-K filings; it does not constitute a historical register of every past officer. The Minnesota business registration record includes some officer-style entries with no appointment or resignation dates that could not be confirmed as reflecting the company’s present-day leadership.
Sources
- UnitedHealth Group Incorporated, Form 10-K for the year ended 31 December 2025, filed 2 March 2026, SEC EDGAR (CIK 0000731766) — retrieved 11 September 2026.
- UnitedHealth Group, “UnitedHealth Group Announces Leadership Transition,” press release, 13 May 2025 — unitedhealthgroup.com/newsroom — retrieved 11 September 2026.
- UnitedHealth Group, “UnitedHealth Group Announces Changes to Leadership Team,” press release, 31 July 2025 — unitedhealthgroup.com/newsroom — retrieved 11 September 2026.
Group Structure
Group structure of UnitedHealth Group Incorporated
UnitedHealth Group Incorporated is a publicly traded, NYSE-listed company and the ultimate parent of its corporate group; no controlling parent company is identified in SEC filings or in state registry data. The company’s Form 10-K for the year ended 31 December 2025 (Exhibit 21.1, filed 2 March 2026) lists ten significant subsidiaries incorporated principally in Delaware, together with entities organised in Minnesota, Connecticut and Texas, operating under the company’s two principal businesses, UnitedHealthcare and Optum. The exhibit does not state ownership percentages for these entities or specify whether each is held directly or indirectly, and it excludes subsidiaries that do not meet SEC significance thresholds, so it should not be read as a complete corporate tree. The registry-supplied group-structure data available elsewhere on this profile reports no parent or subsidiary linkage for this company; that appears to reflect a gap in the underlying registry source rather than the absence of a corporate group, given the subsidiaries verified below as of 31 December 2025.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Optum, Inc. | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| OptumHealth Holdings, LLC | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| OptumRx Group Holdings, Inc. | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| OptumRx Holdings I, LLC | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| OptumRx Administrative Services, LLC | United States (Texas) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| Collaborative Care Holdings, LLC | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| UHIC Holdings, Inc. | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| United HealthCare Services, Inc. | United States (Minnesota) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| UnitedHealthcare Insurance Company | United States (Connecticut) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
| UnitedHealthcare, Inc. | United States (Delaware) | Not disclosed | Subsidiary (direct/indirect not specified in source) | Ownership percentage not disclosed | Active | 31 Dec 2025 |
Recent structural changes
- Acquisition: UnitedHealth Group Incorporated’s Optum business completed its acquisition of Amedisys, Inc., a home health and hospice provider, in August 2025, following a U.S. Department of Justice antitrust settlement. Source: Home Health Care News / Hospice News reporting; Federal Register, 14 August 2025.
- Divestiture: As a condition of the Amedisys settlement, UnitedHealth Group Incorporated agreed to divest more than 160 home health and hospice locations, including a sale of 54 Tennessee, Georgia and Alabama locations to The Pennant Group for $146.5 million, announced May 2025. Source: U.S. Department of Justice / Federal Register, 14 August 2025.
- Pending disposal: In late November 2025, UnitedHealth Group Incorporated agreed to sell Banmedica, its remaining South American health insurance and provider business, to Patria Investments for approximately $1 billion. As of the most recent available reporting, the transaction remained subject to regulatory approval in Chile and Colombia and had not completed. Source: Reuters / CNBC reporting, 30 November-1 December 2025.
Data availability
Corporate-linkage information for UnitedHealth Group Incorporated is partial: SEC Exhibit 21.1 confirms significant subsidiaries but omits registration numbers, ownership percentages and direct/indirect classification, and excludes subsidiaries below SEC significance thresholds. No parent company or shareholding-based control chain above UnitedHealth Group Incorporated has been identified.
Sources
- UnitedHealth Group Incorporated, Form 10-K for the year ended 31 December 2025, Exhibit 21.1, filed 2 March 2026, SEC EDGAR (CIK 0000731766) — retrieved 11 September 2026.
- Federal Register, “United States, et al. v. UnitedHealth Group Incorporated, et al.; Proposed Final Judgment and Competitive Impact Statement,” 14 August 2025 — retrieved 11 September 2026.
- Reuters / CNBC, reporting on UnitedHealth Group’s agreement to sell Banmedica to Patria Investments, 30 November-1 December 2025 — retrieved 11 September 2026.
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Frequently Asked Questions
What does UNITEDHEALTH GROUP do?
UnitedHealth Group Incorporated is a Delaware-incorporated health care company operating through two principal businesses: UnitedHealthcare, providing health benefits and insurance, and Optum, providing health services, pharmacy care and health information technology, headquartered in Eden Prairie, Minnesota.
Who owns UNITEDHEALTH GROUP?
Disclosed major shareholders are institutional asset managers that crossed the SEC's 5% reporting threshold: BlackRock, Inc. held approximately 7.8% as of a Schedule 13G/A filed 6 February 2024, and Vanguard-affiliated holdings were restructured across multiple reporting subsidiaries from January 2026, with Vanguard Capital Management reporting 7.50% as of 31 March 2026.
Who is UNITEDHEALTH GROUP's UBO (Ultimate Beneficial Owner)?
No individual ultimate beneficial owner is identified; disclosed shareholders are institutional asset managers rather than natural persons.
What is UNITEDHEALTH GROUP's company registration number?
UNITEDHEALTH GROUP's registration number is 46831F, filed with Minnesota Secretary of State in United States. Its current status on the register is active.
Is UNITEDHEALTH GROUP still an active company?
UNITEDHEALTH GROUP's status on Minnesota Secretary of State is listed as active.
When was UNITEDHEALTH GROUP incorporated?
UNITEDHEALTH GROUP was incorporated on 1 January 1980, according to Minnesota Secretary of State.
What is UNITEDHEALTH GROUP's registered address?
The registered address on file for UNITEDHEALTH GROUP is Eden Prairie, United States.
What legal structure is UNITEDHEALTH GROUP registered as?
UNITEDHEALTH GROUP is registered as a Public Limited Company in United States.
What is UNITEDHEALTH GROUP's revenue?
UnitedHealth Group Incorporated reported consolidated revenues of 447.6 billion US dollars for the year ended 31 December 2025, up 12% year-on-year, with consolidated earnings from operations of 19.0 billion US dollars.
Is UNITEDHEALTH GROUP listed on a stock exchange?
UnitedHealth Group Incorporated's common stock is listed on the New York Stock Exchange under the ticker UNH.
Who are the officers/directors of UNITEDHEALTH GROUP?
As of the Form 10-K filed 2 March 2026, UnitedHealth Group Incorporated's named executive officers are Stephen Hemsley (Chair and CEO, since 13 May 2025), Wayne DeVeydt (CFO, since 2 September 2025), Dr. Patrick Conway (CEO, Optum), Timothy Noel (CEO, UnitedHealthcare), Erin McSweeney (Chief People Officer), Christopher Zaetta (Chief Legal Officer and Corporate Secretary) and Thomas Roos (Chief Accounting Officer).
Does UNITEDHEALTH GROUP have a parent company or subsidiaries?
UnitedHealth Group Incorporated is the ultimate parent of its group with no identified parent company; its FY2025 Form 10-K (Exhibit 21.1) lists ten significant subsidiaries incorporated in Delaware, Minnesota, Connecticut and Texas, operating under the UnitedHealthcare and Optum businesses.
Can Zavia monitor changes to UNITEDHEALTH GROUP's ownership over time?
This profile reflects a point-in-time snapshot from Minnesota Secretary of State. Zavia's monitoring API can track changes to UNITEDHEALTH GROUP's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access UNITEDHEALTH GROUP's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like UNITEDHEALTH GROUP's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Minnesota Secretary of State and was last synced on 9 September 2026.