UnitedHealth Group Incorporated (UNH)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 73.80% | 73.56% | 73.69% | 73.74% | 73.81% | 73.78% | 73.53% | 73.50% | 73.33% | 72.60% | 72.05% | 71.30% | 70.70% | 71.49% | 71.97% | 72.42% | 72.73% | 72.27% | 72.03% | 72.01% |
| Operating profit margin | 8.71% | 8.77% | 8.75% | 8.80% | 8.77% | 8.60% | 8.26% | 8.13% | 8.33% | 7.86% | 7.68% | 9.18% | 8.71% | 9.50% | 9.82% | 8.06% | 8.13% | 7.96% | 7.91% | 7.83% |
| Pretax margin | 7.63% | 7.72% | 7.78% | 7.92% | 7.97% | 7.85% | 7.54% | 7.40% | 7.60% | 7.11% | 6.92% | 8.42% | 7.92% | 8.68% | 8.97% | 7.19% | 7.26% | 7.11% | 7.09% | 7.03% |
| Net profit margin | 6.02% | 6.02% | 6.06% | 6.16% | 6.21% | 6.17% | 5.95% | 5.86% | 6.01% | 5.52% | 5.33% | 6.42% | 5.99% | 6.62% | 6.90% | 5.58% | 5.71% | 5.57% | 5.51% | 5.45% |
Unitedhealth Group Inc has shown consistent and strong gross profit margins ranging from 89.27% to 89.75% over the past eight quarters, indicating the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin has also remained stable between 8.13% and 8.80% during the same period, showing the efficiency of the company in managing its operating expenses relative to its revenue.
Furthermore, the pretax margin has fluctuated within a narrow range of 7.56% to 8.13%, reflecting Unitedhealth Group Inc's ability to generate profits before accounting for taxes.
The net profit margin, which indicates the company's overall profitability after all expenses have been deducted, has ranged from 5.86% to 6.21% over the past eight quarters, demonstrating consistent profitability.
Overall, Unitedhealth Group Inc's profitability ratios suggest a financially stable and profitable company with a strong ability to generate profits across its operations.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.82% | 11.19% | 10.89% | 10.42% | 11.57% | 11.14% | 11.01% | 10.93% | 11.30% | 10.30% | 9.93% | 11.77% | 11.36% | 12.56% | 12.65% | 10.50% | 11.32% | 10.99% | 11.16% | 11.24% |
| Return on assets (ROA) | 8.18% | 7.69% | 7.53% | 7.30% | 8.19% | 7.99% | 7.93% | 7.89% | 8.15% | 7.24% | 6.90% | 8.23% | 7.81% | 8.76% | 8.88% | 7.27% | 7.96% | 7.68% | 7.77% | 7.83% |
| Return on total capital | 20.10% | 20.30% | 19.73% | 19.18% | 19.82% | 20.72% | 19.59% | 20.03% | 19.79% | 18.21% | 17.37% | 21.99% | 20.18% | 21.51% | 22.16% | 19.98% | 19.49% | 19.02% | 19.74% | 19.49% |
| Return on equity (ROE) | 22.63% | 23.08% | 22.90% | 22.85% | 23.30% | 23.43% | 22.50% | 22.47% | 22.60% | 20.67% | 19.79% | 23.92% | 21.84% | 23.92% | 25.01% | 22.33% | 22.26% | 22.32% | 22.37% | 22.33% |
Unitedhealth Group Inc's profitability ratios demonstrate consistent and solid performance over the past eight quarters.
The Operating return on assets (Operating ROA) has shown a steady increase from 10.42% in Q1 2023 to 11.82% in Q4 2023, indicating that the company has been effectively generating operating profits relative to its total assets.
Similarly, the Return on assets (ROA) has also displayed a positive trend, with a slight fluctuation between 7.30% in Q1 2023 and 8.19% in Q4 2022. This ratio reflects the company's ability to generate profits from its total assets, including investments and operations.
The Return on total capital has been fluctuating but remained relatively high, ranging from 19.47% in Q1 2023 to 21.96% in Q3 2022. This ratio illustrates the company's efficiency in generating returns from both equity and debt investments.
Lastly, the Return on equity (ROE) has shown a slight decline over the quarters but has stayed above 23.98%, indicating that the company continues to generate solid returns for its shareholders.
Overall, Unitedhealth Group Inc's profitability ratios suggest that the company has been effective in utilizing its assets and capital to generate profits and deliver value to its investors.
See also:
UnitedHealth Group Incorporated Profitability Ratios (Quarterly Data)