UnitedHealth Group Incorporated (UNH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,405,000 | 22,381,000 | 20,120,000 | 17,285,000 | 15,403,000 |
| Total assets | US$ in thousands | 298,278,000 | 273,720,000 | 245,705,000 | 212,206,000 | 197,289,000 |
| ROA | 4.83% | 8.18% | 8.19% | 8.15% | 7.81% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $14,405,000K ÷ $298,278,000K
= 4.83%
UnitedHealth Group Incorporated's return on assets (ROA) has shown an overall increasing trend from 7.81% in December 31, 2020, to 8.19% in December 31, 2022. This indicates that the company generated more income relative to its total assets during this period. However, there was a slight decrease in ROA to 4.83% by December 31, 2024. It is essential to investigate the underlying factors contributing to this decline in ROA to assess the company's asset utilization efficiency and profitability going forward.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
UnitedHealth Group Incorporated
UNH
4.83%
Centene Corp
CNC
4.01%
Cigna Corp
CI
0.22%
Elevance Health Inc
ELV
5.12%
Humana Inc
HUM
2.60%
Molina Healthcare Inc
MOH
7.54%