UnitedHealth Group Incorporated (UNH)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 18,964,000 32,287,000 32,358,000 28,435,000 23,970,000
Total assets US$ in thousands 309,581,000 298,278,000 273,720,000 245,705,000 212,206,000
Operating ROA 6.13% 10.82% 11.82% 11.57% 11.30%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $18,964,000K ÷ $309,581,000K
= 6.13%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating ROA
UnitedHealth Group Incorporated
UNH
6.13%
Elevance Health Inc
ELV
5.75%