UnitedHealth Group Financial Ratios
NYSE: UNHHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
UnitedHealth Group ratio analysis
UnitedHealth Group earned a net margin of 2.7% in FY 2025, down from 3.6% a year earlier. Gross margin was 88.7% compared with a median of 88.3% over the prior 9 years. Return on equity reached 12.0%, meaning UnitedHealth Group generated 0.12 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.78 versus 0.78 the year before, and the current ratio was 0.79. At the end of FY 2025, UNH traded at 25.4 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 19.7 to 33.1, with a median of 22.1. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
UnitedHealth Group financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 25.43 | 33.08 | 22.06 | 25.03 | 27.77 | 21.88 | 20.21 | 19.66 | 20.57 | 22.07 |
| Price / sales | 0.68 | 1.18 | 1.31 | 1.53 | 1.65 | 1.29 | 1.14 | 1.02 | 1.06 | 0.82 |
| Price / book | 3.05 | 4.81 | 5.17 | 6.10 | 6.31 | 4.87 | 4.56 | 4.25 | 4.26 | 3.99 |
| Gross margin | 88.7% | 88.3% | 89.6% | 89.6% | 89.2% | 88.0% | 88.4% | 88.1% | 88.0% | 86.8% |
| Operating margin | 4.2% | 8.1% | 8.7% | 8.8% | 8.3% | 8.7% | 8.1% | 7.7% | 7.6% | 7.0% |
| Net margin | 2.7% | 3.6% | 6.0% | 6.2% | 6.0% | 6.0% | 5.7% | 5.3% | 5.2% | 3.8% |
| Free cash flow margin | 3.6% | 5.2% | 6.9% | 7.2% | 6.9% | 7.8% | 6.8% | 6.0% | 5.8% | 4.4% |
| Return on equity (ROE) | 12.0% | 14.7% | 23.7% | 24.7% | 23.0% | 22.5% | 22.9% | 22.1% | 21.2% | 18.4% |
| Return on assets (ROA) | 3.9% | 4.8% | 8.2% | 8.2% | 8.1% | 7.8% | 8.0% | 7.9% | 7.6% | 5.7% |
| Debt / equity | 0.78 | 0.78 | 0.66 | 0.71 | 0.61 | 0.64 | 0.67 | 0.67 | 0.64 | 0.86 |
| Current ratio | 0.79 | 0.83 | 0.79 | 0.77 | 0.79 | 0.74 | 0.69 | 0.73 | 0.73 | 0.69 |
| Revenue growth | 11.8% | 7.7% | 14.6% | 12.7% | 11.8% | 6.2% | 7.0% | 12.5% | 8.8% | 17.7% |
| EPS growth | -14.7% | -35.0% | 12.7% | 17.1% | 12.8% | 11.9% | 17.6% | 13.7% | 47.9% | 20.6% |