UnitedHealth Group (UNH) Stock Analysis

June 13, 2026

Here is a fundamental analysis of UnitedHealth Group (UNH), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

UNH

GSPC

UnitedHealth Group (UNH) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for UnitedHealth Group (UNH) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
1-Year Return	31.88%	6.07%

Risk

Drawdown

UNH

GSPC

UnitedHealth Group (UNH) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
1-Year Volatility	40.11%	49.54%
Beta	0.62	0.89

Company Profile

Company profile fields for UnitedHealth Group (UNH)
Profile Item	UNH
Name	UnitedHealth Group Incorporated
Country/Region	United States
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Providers & Services
GICS Sub-Industry	Managed Health Care
Market Capitalization	371.00 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 17, 1984
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

UnitedHealth Group (UNH) trades at P/E ratio of 30.76, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

UNH

Health Care Equipment & Services industry group

30.76

Group distribution

Max: 80.40
Q3: 44.58
UNH: 30.76
Median: 28.09
Q1: 19.76
Min: 0.91

Largest peers

ISRG: 50.01
CVS: 44.72
SYK: 36.09
UNH: 30.76
ABT: 24.70
MDT: 21.50
MCK: 20.41

Where UnitedHealth Group (UNH) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

UnitedHealth Group (UNH) trades at 0.82 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

UNH

Health Care Equipment & Services industry group

0.82

Group distribution

Max: 8.62
Q3: 4.20
Median: 1.94
Q1: 1.01
UNH: 0.82
Min: 0.04

Largest peers

ISRG: 13.76
SYK: 4.74
ABT: 3.40
MDT: 2.83
UNH: 0.82
CVS: 0.32
MCK: 0.23

Where UnitedHealth Group (UNH) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

UnitedHealth Group (UNH) trades at 3.79 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

UNH

Health Care Equipment & Services industry group

3.79

Group distribution

Max: 11.03
Q3: 5.50
UNH: 3.79
Median: 2.78
Q1: 1.47
Min: -2.18

Largest peers

ISRG: 8.34
SYK: 5.33
UNH: 3.79
ABT: 2.95
MDT: 2.10
CVS: 1.68
MCK: -43.32

Where UnitedHealth Group (UNH) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
Price-to-Earnings Ratio (TTM)	30.76	28.09
Price-to-Sales Ratio (TTM)	0.82	1.94
Price-to-Book Ratio (MRQ)	3.79	2.78
Free Cash Flow Yield	4.77%	4.00%

Profitability

Return on Equity (TTM)

UnitedHealth Group (UNH) posts ROE of 12.18%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

UNH

Health Care Equipment & Services industry group

12.18%

Group distribution

Max: 53.65%
Q3: 12.73%
UNH: 12.18%
Median: 3.57%
Q1: -17.96%
Min: -59.21%

Largest peers

ISRG: 17.23%
SYK: 15.20%
ABT: 12.33%
UNH: 12.18%
MDT: 9.93%
CVS: 3.75%
MCK: --

Where UnitedHealth Group (UNH) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

UnitedHealth Group (UNH) keeps 2.68% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

UNH

Health Care Equipment & Services industry group

2.68%

Group distribution

Max: 30.40%
Q3: 7.96%
UNH: 2.68%
Median: 1.27%
Q1: -9.77%
Min: -34.34%

Largest peers

ISRG: 28.15%
ABT: 13.91%
SYK: 13.21%
MDT: 13.20%
UNH: 2.68%
MCK: 1.18%
CVS: 0.72%

Where UnitedHealth Group (UNH) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

UnitedHealth Group (UNH) turns 8.05% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

UNH

Health Care Equipment & Services industry group

8.05%

Group distribution

Max: 35.33%
Q3: 11.89%
UNH: 8.05%
Median: 5.44%
Q1: -4.59%
Min: -25.61%

Largest peers

ISRG: 30.87%
MDT: 21.30%
SYK: 17.82%
ABT: 13.47%
UNH: 8.05%
CVS: 4.12%
MCK: 2.21%

Where UnitedHealth Group (UNH) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
Return on Equity (TTM)	12.18%	3.57%
Return on Assets (TTM)	3.78%	3.10%
Net Profit Margin (TTM)	2.68%	1.27%
Operating Profit Margin (TTM)	8.05%	5.44%
Gross Profit Margin (TTM)	18.80%	52.99%

Financial Strength

Current Ratio (MRQ)

UnitedHealth Group (UNH) has current ratio of 0.80, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

UNH

Health Care Equipment & Services industry group

0.80

Group distribution

Max: 7.79
Q3: 4.29
Median: 1.95
Q1: 1.33
UNH: 0.80
Min: 0.04

Largest peers

ISRG: 4.61
SYK: 2.11
ABT: 1.39
CVS: 0.87
MCK: 0.85
UNH: 0.80
MDT: --

Where UnitedHealth Group (UNH) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

UnitedHealth Group (UNH) has debt-to-equity ratio of 0.74, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

UNH

Health Care Equipment & Services industry group

0.74

Group distribution

Max: 2.02
Q3: 1.01
UNH: 0.74
Median: 0.60
Q1: 0.16
Min: 0.00

Largest peers

CVS: 1.01
UNH: 0.74
SYK: 0.66
ABT: 0.65
MDT: 0.57
ISRG: --
MCK: --

Where UnitedHealth Group (UNH) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
Current Ratio (MRQ)	0.80	1.95
Debt-to-Equity Ratio (MRQ)	0.74	0.60
Net Debt / EBITDA	2.18	2.21

Dividends

Dividend Yield (TTM)

UnitedHealth Group (UNH) has dividend yield of 2.27%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

UNH

Health Care Equipment & Services industry group

2.27%

Group distribution

UNH: 2.27%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 3.59%
ABT: 2.86%
CVS: 2.61%
UNH: 2.27%
SYK: 1.13%
MCK: 0.42%
ISRG: 0.00%

Where UnitedHealth Group (UNH) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

UnitedHealth Group (UNH) has payout ratio of 66.57%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.

UNH

Health Care Equipment & Services industry group

66.57%

Group distribution

UNH: 66.57%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CVS: 116.67%
MDT: 76.14%
ABT: 67.23%
UNH: 66.57%
SYK: 39.81%
MCK: 8.26%
ISRG: 0.00%

Where UnitedHealth Group (UNH) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

UnitedHealth Group (UNH) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: UNH	Industry group median
Dividend Yield (TTM)	2.27%	0.00%
Dividend Payout Ratio (TTM)	66.57%	0.00%