Healthcare Companies — Annual Report Financials

Together, the 6 companies in this table reported $1.86T of revenue in their latest fiscal years. UnitedHealth Group Incorporated is the largest at $447.57B, or 24.1% of the table's combined revenue, and HUMANA INC the smallest at $129.66B.

Net margin (net income as a share of revenue) runs from 2.8% at ELEVANCE HEALTH, INC. down to 0.4% at CVS HEALTH CORPORATION. All 6 reported a profit for the year.

These are arithmetic on the reported figures above, nothing more: fiscal years can end on different dates, and a margin or a share says nothing about where a company is heading.

Payers and distributors dominate U.S.-listed healthcare by revenue, and neither files research and development as a separate line — their spend is medical costs and distribution, not laboratory research. Expect the R&D column to be empty across this table; that is the sector reporting accurately, not a gap in the data. Revenue scale here is also the largest in the catalogue, which makes percentage comparisons against smaller sectors misleading unless normalised.

The fiscal years in this table end up to 3 months apart, so two rows can describe different twelve-month periods. Each row states its own fiscal-year end for exactly this reason. No company here reports research and development as a separate line, so that column is empty throughout — that is these filings reporting accurately, not missing data. Figures were retrieved from EDGAR on 2026-10-11.

Each row comes from that company's latest annual report (Form 10-K) on SEC EDGAR, and the “Source filing” column links the exact submission, so any cell can be checked in one click.

Company selection is a size-and-coverage editorial choice among U.S.-listed 10-K filers in the sector, not a ranking, rating, or recommendation of any company. How every table is built and refreshed is set out once, on the verified data tables methodology.

These are the reported baselines — the questions that decide strategy (share shifts, pricing models, segment growth, what the filings say beneath the totals) are what our research briefs answer. Start with the Healthcare research practice, or size the opportunity yourself with the market-size calculator.