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UNH

UnitedHealth GroupNYSE:UNH Stock Report

Market Cap

US$418.5b

7D

-0.9%

1Y

27.9%

Updated

02 Dec, 2021

Data

Company Financials +
UNH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends4/6

UNH Stock Overview

UnitedHealth Group Incorporated operates as a diversified health care company in the United States.

UnitedHealth Group Competitors

Anthem

NYSE:ANTM

US$98.2b

Humana

NYSE:HUM

US$53.7b

Centene

NYSE:CNC

US$41.0b

Molina Healthcare

NYSE:MOH

US$16.5b

Price History & Performance

Summary of all time highs, changes and price drops for UnitedHealth Group
Historical stock prices
Current Share PriceUS$446.02
52 Week HighUS$466.00
52 Week LowUS$320.35
Beta0.85
1 Month Change-1.33%
3 Month Change5.48%
1 Year Change27.92%
3 Year Change61.11%
5 Year Change179.95%
Change since IPO116,411.19%

Recent News & Updates

Nov 01

UnitedHealth Group: Delivering Results Again

This company has delivered another beat and raise, precisely what it delivered last quarter. UNH has delivered 16 quarterly EPS beats in a row, though missed revenue estimates twice over the same 16 quarters. These steady beats show why UNH can continue to deliver dividend growth for investors.

Shareholder Returns

UNHUS HealthcareUS Market
7D-0.9%-3.1%-3.5%
1Y27.9%15.2%19.4%

Return vs Industry: UNH exceeded the US Healthcare industry which returned 14.6% over the past year.

Return vs Market: UNH exceeded the US Market which returned 17.8% over the past year.

Price Volatility

Is UNH's price volatile compared to industry and market?
UNH volatility
UNH Average Weekly Movement3.1%
Healthcare Industry Average Movement6.7%
Market Average Movement6.1%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: UNH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: UNH's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977330,000Andrew Wittyhttps://www.unitedhealthgroup.com

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health and well-being services to individuals age 50 and older, addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, children’s health insurance program, and health care programs; medical and dental benefits; and hospital and clinical services.

UnitedHealth Group Fundamentals Summary

How do UnitedHealth Group's earnings and revenue compare to its market cap?
UNH fundamental statistics
Market CapUS$418.50b
Earnings (TTM)US$15.43b
Revenue (TTM)US$279.32b

27.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNH income statement (TTM)
RevenueUS$279.32b
Cost of RevenueUS$211.49b
Gross ProfitUS$67.83b
ExpensesUS$52.41b
EarningsUS$15.43b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)16.38
Gross Margin24.28%
Net Profit Margin5.52%
Debt/Equity Ratio62.9%

How did UNH perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

33%

Payout Ratio

Does UNH pay a reliable dividends?

See UNH dividend history and benchmarks
When do you need to buy UNH by to receive an upcoming dividend?
UnitedHealth Group dividend dates
Ex Dividend DateDec 03 2021
Dividend Pay DateDec 14 2021
Days until Ex dividend1 day
Days until Dividend pay date10 days

Does UNH pay a reliable dividends?

See UNH dividend history and benchmarks

Valuation

Is UnitedHealth Group undervalued compared to its fair value and its price relative to the market?

32.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UNH ($446.02) is trading below our estimate of fair value ($656.42)

Significantly Below Fair Value: UNH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UNH is poor value based on its PE Ratio (27.2x) compared to the US Healthcare industry average (20.5x).

PE vs Market: UNH is poor value based on its PE Ratio (27.2x) compared to the US market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: UNH is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: UNH is overvalued based on its PB Ratio (6x) compared to the US Healthcare industry average (2.7x).


Future Growth

How is UnitedHealth Group forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

12.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNH's forecast earnings growth (12% per year) is above the savings rate (2%).

Earnings vs Market: UNH's earnings (12% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: UNH's earnings are forecast to grow, but not significantly.

Revenue vs Market: UNH's revenue (8.5% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: UNH's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNH's Return on Equity is forecast to be high in 3 years time (29.8%)


Past Performance

How has UnitedHealth Group performed over the past 5 years?

16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNH has high quality earnings.

Growing Profit Margin: UNH's current net profit margins (5.5%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: UNH's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: UNH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UNH had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Healthcare industry average (32.5%).


Return on Equity

High ROE: UNH's Return on Equity (21.3%) is considered high.


Financial Health

How is UnitedHealth Group's financial position?


Financial Position Analysis

Short Term Liabilities: UNH's short term assets ($57.3B) do not cover its short term liabilities ($79.6B).

Long Term Liabilities: UNH's short term assets ($57.3B) do not cover its long term liabilities ($58.8B).


Debt to Equity History and Analysis

Debt Level: UNH's net debt to equity ratio (30.9%) is considered satisfactory.

Reducing Debt: UNH's debt to equity ratio has reduced from 84.1% to 62.9% over the past 5 years.

Debt Coverage: UNH's debt is well covered by operating cash flow (53.7%).

Interest Coverage: UNH's interest payments on its debt are well covered by EBIT (13.5x coverage).


Balance Sheet


Dividend

What is UnitedHealth Group current dividend yield, its reliability and sustainability?

1.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UNH's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: UNH's dividend (1.3%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

Stable Dividend: UNH's dividends per share have been stable in the past 10 years.

Growing Dividend: UNH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.1%), UNH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UNH's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Andrew Witty (56 yo)

0.83

Tenure

US$12,857,176

Compensation

Sir Andrew Philip Witty has been the Chief Executive Officer and Director of UnitedHealth Group Incorporated since February 3, 2021 and served as its Group President since November 2019 until February 3, 2...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD12.86M) is about average for companies of similar size in the US market ($USD11.11M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: UNH's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: UNH's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UNH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

UnitedHealth Group Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: UnitedHealth Group Incorporated
  • Ticker: UNH
  • Exchange: NYSE
  • Founded: 1977
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: US$418.502b
  • Shares outstanding: 941.85m
  • Website: https://www.unitedhealthgroup.com

Number of Employees


Location

  • UnitedHealth Group Incorporated
  • UnitedHealth Group Center
  • 9900 Bren Road East
  • Minnetonka
  • Minnesota
  • 55343
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 23:31
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.