What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

CNO Financial Group CNO Gross Profit

UnitedHealth GroupUNH

$98.9B+1.8%

Insurance Product Lines$256.9M+3.2%

Investment income not allocated to product lines$41.7M+9.7%

Amounts netted in expenses not allocated to product lines-$20.3M—

Fee revenue-$800K—

Revenue$1.0B+2.5%

Net income$37.7M+75.3%

EPS (diluted)$0.39+85.7%

Cash & equivalents$1.2B+12.6%

Total debt$1.4B-41.0%

Total equity$2.5B-2.2%

Total assets$39.0B+4.1%

Operating cash flow$148.8M+8.9%

Market cap$4.74B-7.9%

Net margin5.4%-2.2pp

Return on equity9.7%-3.7pp

Debt / equity0.5×-0.4×

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.