UnitedHealth Group Incorporated (UNH)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	14,405,000	14,317,000	14,103,000	15,361,000	22,381,000	21,687,000	21,108,000	20,704,000	20,120,000	19,430,000	18,254,000	17,450,000	17,285,000	15,426,000	14,512,000	16,883,000	15,403,000	16,732,000	17,098,000	13,754,000
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
ROA		4.83%	4.78%	4.93%	5.40%	8.04%	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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $14,405,000K ÷ $298,278,000K
= 4.83%

UnitedHealth Group Incorporated has shown fluctuating levels of return on assets (ROA) over the past several quarters. The ROA has ranged from a low of 4.78% as of September 30, 2024, to a high of 8.88% as of June 30, 2020. The company's ROA experienced a downward trend in the most recent quarters of March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024, indicating potential challenges in asset utilization and profitability during that period.

Overall, UnitedHealth Group's ROA averaged around 7% to 8% during the majority of the quarters analyzed, suggesting the company has been relatively efficient in generating profits from its assets. Investors and stakeholders may want to further investigate the factors contributing to the fluctuations in ROA, particularly exploring management efficiency, asset turnover, profitability margins, and potential changes in the business environment that could impact the company's performance.