UnitedHealth Group Incorporated (UNH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 400,278,000 | 367,533,000 | 322,132,000 | 285,273,000 | 255,639,000 |
| Property, plant and equipment | US$ in thousands | — | — | 10,128,000 | 8,969,000 | 8,626,000 |
| Fixed asset turnover | — | — | 31.81 | 31.81 | 29.64 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $400,278,000K ÷ $—K
= —
UnitedHealth Group Incorporated's fixed asset turnover has shown a positive trend from 2020 to 2022, increasing from 29.64 to 31.81. This indicates that the company generated $31.81 in revenue for every $1 invested in fixed assets as of December 31, 2022. The stability of the fixed asset turnover ratio in 2023 and 2024, marked as not available in the data (so represented by '—'), suggests that the company may have maintained its operational efficiency in utilizing fixed assets for revenue generation. Overall, a consistently high fixed asset turnover ratio is indicative of the company's effective utilization and management of its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024