UNITEDHEALTH GROUP INC (UNH.DE) Fundamental Analysis & Valuation

FRA:UNH • US91324P1021

Current stock price

239.75 EUR
+4.05 (+1.72%)
Last:

This UNH.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. UNH.DE Profitability Analysis

1.1 Basic Checks

  • In the past year UNH was profitable.
  • UNH had a positive operating cash flow in the past year.
  • Each year in the past 5 years UNH has been profitable.
  • UNH had a positive operating cash flow in each of the past 5 years.
UNH.DE Yearly Net Income VS EBIT VS OCF VS FCFUNH.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

1.2 Ratios

  • UNH's Return On Assets of 3.89% is fine compared to the rest of the industry. UNH outperforms 75.86% of its industry peers.
  • Looking at the Return On Equity, with a value of 12.05%, UNH is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
  • UNH has a Return On Invested Capital of 5.09%. This is comparable to the rest of the industry: UNH outperforms 51.72% of its industry peers.
  • UNH had an Average Return On Invested Capital over the past 3 years of 8.75%. This is above the industry average of 5.99%.
Industry RankSector Rank
ROA 3.89%
ROE 12.05%
ROIC 5.09%
ROA(3y)5.63%
ROA(5y)6.65%
ROE(3y)17.6%
ROE(5y)20.55%
ROIC(3y)8.75%
ROIC(5y)9.53%
UNH.DE Yearly ROA, ROE, ROICUNH.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • UNH has a Profit Margin of 2.69%. This is comparable to the rest of the industry: UNH outperforms 55.17% of its industry peers.
  • In the last couple of years the Profit Margin of UNH has declined.
  • The Operating Margin of UNH (4.24%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of UNH has declined.
Industry RankSector Rank
OM 4.24%
PM (TTM) 2.69%
GM N/A
OM growth 3Y-21.54%
OM growth 5Y-13.43%
PM growth 3Y-24.29%
PM growth 5Y-14.77%
GM growth 3YN/A
GM growth 5YN/A
UNH.DE Yearly Profit, Operating, Gross MarginsUNH.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. UNH.DE Health Analysis

2.1 Basic Checks

  • UNH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • UNH has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, UNH has less shares outstanding
  • UNH has a better debt/assets ratio than last year.
UNH.DE Yearly Shares OutstandingUNH.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
UNH.DE Yearly Total Debt VS Total AssetsUNH.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B

2.2 Solvency

  • UNH has a debt to FCF ratio of 4.99. This is a neutral value as UNH would need 4.99 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.99, UNH belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
  • UNH has a Debt/Equity ratio of 0.72. This is a neutral value indicating UNH is somewhat dependend on debt financing.
  • UNH has a better Debt to Equity ratio (0.72) than 68.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 4.99
Altman-Z N/A
ROIC/WACC0.61
WACC8.33%
UNH.DE Yearly LT Debt VS Equity VS FCFUNH.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
UNH.DE Yearly Current Assets VS Current LiabilitesUNH.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. UNH.DE Growth Analysis

3.1 Past

  • UNH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -41.58%.
  • UNH shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.67% yearly.
  • The Revenue has grown by 11.81% in the past year. This is quite good.
  • The Revenue has been growing by 11.72% on average over the past years. This is quite good.
EPS 1Y (TTM)-41.58%
EPS 3Y-9.75%
EPS 5Y-0.67%
EPS Q2Q%-69.02%
Revenue 1Y (TTM)11.81%
Revenue growth 3Y11.35%
Revenue growth 5Y11.72%
Sales Q2Q%12.31%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.30% on average over the next years. This is quite good.
  • UNH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.63% yearly.
EPS Next Y10.57%
EPS Next 2Y10.35%
EPS Next 3Y13.05%
EPS Next 5Y18.3%
Revenue Next Year-1.57%
Revenue Next 2Y0.8%
Revenue Next 3Y2.53%
Revenue Next 5Y4.63%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
UNH.DE Yearly Revenue VS EstimatesUNH.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200B 400B 600B
UNH.DE Yearly EPS VS EstimatesUNH.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30 40 50

More info and screens

Find the best growth stocksShow best growing peers

3

4. UNH.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.94 indicates a correct valuation of UNH.
  • The rest of the industry has a similar Price/Earnings ratio as UNH.
  • Compared to an average S&P500 Price/Earnings ratio of 25.60, UNH is valued a bit cheaper.
  • A Price/Forward Earnings ratio of 15.32 indicates a correct valuation of UNH.
  • UNH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. UNH is more expensive than 62.07% of the companies in the same industry.
  • UNH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.84, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.94
Fwd PE 15.32
UNH.DE Price Earnings VS Forward Price EarningsUNH.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • UNH's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. UNH is more expensive than 68.97% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as UNH.
Industry RankSector Rank
P/FCF 15.95
EV/EBITDA 12.91
UNH.DE Per share dataUNH.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • UNH's earnings are expected to grow with 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.6
PEG (5Y)N/A
EPS Next 2Y10.35%
EPS Next 3Y13.05%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. UNH.DE Dividend Analysis

5.1 Amount

  • UNH has a Yearly Dividend Yield of 3.30%. Purely for dividend investing, there may be better candidates out there.
  • UNH's Dividend Yield is rather good when compared to the industry average which is at 1.77. UNH pays more dividend than 82.76% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.88, UNH pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.3%

5.2 History

  • The dividend of UNH is nicely growing with an annual growth rate of 12.43%!
Dividend Growth(5Y)12.43%
Div Incr Years5
Div Non Decr Years5
UNH.DE Yearly Dividends per shareUNH.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6 8

5.3 Sustainability

  • 65.66% of the earnings are spent on dividend by UNH. This is not a sustainable payout ratio.
  • The dividend of UNH is growing, but earnings are growing more, so the dividend growth is sustainable.
DP65.66%
EPS Next 2Y10.35%
EPS Next 3Y13.05%
UNH.DE Yearly Income VS Free CF VS DividendUNH.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B
UNH.DE Dividend Payout.UNH.DE Dividend Payout, showing the Payout Ratio.UNH.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

UNH.DE Fundamentals: All Metrics, Ratios and Statistics

UNITEDHEALTH GROUP INC

FRA:UNH (4/2/2026, 7:00:00 PM)

239.75

+4.05 (+1.72%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)01-27
Earnings (Next)04-21
Inst Owners84.22%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap217.62B
Revenue(TTM)447.57B
Net Income(TTM)12.06B
Analysts75.29
Price Target319.93 (33.44%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.3%
Yearly Dividend7.55
Dividend Growth(5Y)12.43%
DP65.66%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.45%
Min EPS beat(2)-0.58%
Max EPS beat(2)3.48%
EPS beat(4)1
Avg EPS beat(4)-2.3%
Min EPS beat(4)-9.92%
Max EPS beat(4)3.48%
EPS beat(8)5
Avg EPS beat(8)0.06%
EPS beat(12)9
Avg EPS beat(12)0.66%
EPS beat(16)13
Avg EPS beat(16)1.45%
Revenue beat(2)0
Avg Revenue beat(2)-1.21%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)-0.91%
Revenue beat(4)0
Avg Revenue beat(4)-1.53%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)-0.91%
Revenue beat(8)1
Avg Revenue beat(8)-1.05%
Revenue beat(12)5
Avg Revenue beat(12)-0.37%
Revenue beat(16)6
Avg Revenue beat(16)-0.33%
PT rev (1m)-1.44%
PT rev (3m)-8.87%
EPS NQ rev (1m)-0.89%
EPS NQ rev (3m)5.16%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-3.29%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-2.99%
Valuation
Industry RankSector Rank
PE 16.94
Fwd PE 15.32
P/S 0.56
P/FCF 15.95
P/OCF 12.97
P/B 2.51
P/tB 2.51
EV/EBITDA 12.91
EPS(TTM)14.15
EY5.9%
EPS(NY)15.65
Fwd EY6.53%
FCF(TTM)15.03
FCFY6.27%
OCF(TTM)18.49
OCFY7.71%
SpS427.84
BVpS95.68
TBVpS95.68
PEG (NY)1.6
PEG (5Y)N/A
Graham Number174.53
Profitability
Industry RankSector Rank
ROA 3.89%
ROE 12.05%
ROCE 6.25%
ROIC 5.09%
ROICexc 5.62%
ROICexgc 21.72%
OM 4.24%
PM (TTM) 2.69%
GM N/A
FCFM 3.51%
ROA(3y)5.63%
ROA(5y)6.65%
ROE(3y)17.6%
ROE(5y)20.55%
ROIC(3y)8.75%
ROIC(5y)9.53%
ROICexc(3y)9.73%
ROICexc(5y)10.65%
ROICexgc(3y)29.49%
ROICexgc(5y)31.32%
ROCE(3y)10.77%
ROCE(5y)11.72%
ROICexgc growth 3Y-15.05%
ROICexgc growth 5Y-8.06%
ROICexc growth 3Y-22.49%
ROICexc growth 5Y-14%
OM growth 3Y-21.54%
OM growth 5Y-13.43%
PM growth 3Y-24.29%
PM growth 5Y-14.77%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover1.45
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 4.99
Debt/EBITDA 3.1
Cap/Depr 83.05%
Cap/Sales 0.81%
Interest Coverage 250
Cash Conversion 82.92%
Profit Quality 130.39%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score7
WACC8.33%
ROIC/WACC0.61
Cap/Depr(3y)84.55%
Cap/Depr(5y)83.03%
Cap/Sales(3y)0.86%
Cap/Sales(5y)0.86%
Profit Quality(3y)129.12%
Profit Quality(5y)123.75%
High Growth Momentum
Growth
EPS 1Y (TTM)-41.58%
EPS 3Y-9.75%
EPS 5Y-0.67%
EPS Q2Q%-69.02%
EPS Next Y10.57%
EPS Next 2Y10.35%
EPS Next 3Y13.05%
EPS Next 5Y18.3%
Revenue 1Y (TTM)11.81%
Revenue growth 3Y11.35%
Revenue growth 5Y11.72%
Sales Q2Q%12.31%
Revenue Next Year-1.57%
Revenue Next 2Y0.8%
Revenue Next 3Y2.53%
Revenue Next 5Y4.63%
EBIT growth 1Y-41.26%
EBIT growth 3Y-12.63%
EBIT growth 5Y-3.28%
EBIT Next Year29.5%
EBIT Next 3Y16.64%
EBIT Next 5Y17%
FCF growth 1Y-23.26%
FCF growth 3Y-12.42%
FCF growth 5Y-4.82%
OCF growth 1Y-19.36%
OCF growth 3Y-9.63%
OCF growth 5Y-2.7%

UNITEDHEALTH GROUP INC / UNH.DE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for UNITEDHEALTH GROUP INC?

ChartMill assigns a fundamental rating of 4 / 10 to UNH.DE.


Can you provide the valuation status for UNITEDHEALTH GROUP INC?

ChartMill assigns a valuation rating of 3 / 10 to UNITEDHEALTH GROUP INC (UNH.DE). This can be considered as Overvalued.


What is the profitability of UNH stock?

UNITEDHEALTH GROUP INC (UNH.DE) has a profitability rating of 4 / 10.


How financially healthy is UNITEDHEALTH GROUP INC?

The financial health rating of UNITEDHEALTH GROUP INC (UNH.DE) is 4 / 10.


Can you provide the dividend sustainability for UNH stock?

The dividend rating of UNITEDHEALTH GROUP INC (UNH.DE) is 7 / 10 and the dividend payout ratio is 65.66%.