UnitedHealth Group Incorporated (UNH)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 32,358,000 | 28,435,000 | 23,970,000 | 22,405,000 | 19,685,000 |
| Total assets | US$ in thousands | 273,720,000 | 245,705,000 | 212,206,000 | 197,289,000 | 173,889,000 |
| Operating ROA | 11.82% | 11.57% | 11.30% | 11.36% | 11.32% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $32,358,000K ÷ $273,720,000K
= 11.82%
Unitedhealth Group Inc's operating return on assets (operating ROA) has been relatively stable over the past five years, ranging from 11.30% in 2021 to 11.82% in 2023. This indicates that the company is effectively utilizing its assets to generate operating profits. The slight fluctuations in the operating ROA suggest that the company's management is maintaining efficiency in operations and asset utilization. Overall, the consistent performance of Unitedhealth Group Inc in terms of operating ROA reflects its ability to generate returns from its assets and manage its operations efficiently.
Peer comparison
Dec 31, 2023