UnitedHealth Group Incorporated (UNH)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	396,627,000	389,068,000	381,255,000	375,185,000	368,331,000	357,870,000	347,400,000	335,944,000	324,162,000	315,118,000	306,561,000	297,550,000	287,597,000	279,321,000	272,099,000	262,916,000	257,141,000	252,575,000	247,811,000	246,268,000
Total assets	US$ in thousands	298,278,000	299,309,000	286,056,000	284,210,000	278,415,000	282,063,000	280,164,000	283,679,000	245,705,000	243,064,000	230,172,000	221,238,000	212,206,000	213,045,000	210,292,000	205,171,000	197,289,000	190,969,000	192,483,000	189,067,000
Total asset turnover		1.33	1.30	1.33	1.32	1.32	1.27	1.24	1.18	1.32	1.30	1.33	1.34	1.36	1.31	1.29	1.28	1.30	1.32	1.29	1.30

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $396,627,000K ÷ $298,278,000K
= 1.33

The total asset turnover of UnitedHealth Group Incorporated has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio ranged from a low of 1.18 on March 31, 2023, to a high of 1.36 on December 31, 2021. The total asset turnover represents how efficiently the company generates revenue from its assets. A higher turnover ratio indicates better asset utilization and efficiency in converting assets into revenue.

Overall, UnitedHealth Group's total asset turnover has generally been above 1, suggesting that the company is effectively utilizing its assets to generate revenue. There was a slight decrease in the ratio during the first quarter of 2023, but it recovered and remained relatively stable thereafter. It is important for investors and stakeholders to monitor this ratio over time to assess the company's operational efficiency and asset management practices.