UnitedHealth Group (UNH) Stock Insights

UNH price $407.26 -3.13 -0.76%

Ticker
UNH
Price
$407.26
Change
-3.13 -0.76%
Market cap ?
$365.55B
P/E ?
23.42
Forward P/E ?
19.79
Dividend yield ?
2.21%
Beta ?
0.61
Sector
Healthcare
Industry
Medical - Healthcare Plans
Stocklytics score
40
Value
55
Quality
32
Growth
34

Stocklytics score rationale: value 55, quality 32, growth 34.

Financials

2016201720182019202020212022202320242025
184840000000201159000000226247000000242155000000257141000000287597000000324162000000371622000000400278000000447567000000

UnitedHealth Group Incorporated (UNH) operates as a comprehensive healthcare enterprise across the United States, structuring its diverse services into four key divisions: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment provides a wide array of health benefit plans and consumer-focused services. These offerings cater to a broad spectrum of clients, including large national…

Fair value

UNH fair value $566.90. Price $407.26. Price is 28% below fair value.

Below fair value, and cheaper than usual. A larger discount than on 63% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 22.83B. Growth 11.54%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 897.60M. Net debt 54.02B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare UNH

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-20—2.28—112.26B
2026-10-134.694.14112.70B111.31B
2026-07-166.384.91112.03B110.81B
2026-04-217.236.58111.72B109.43B
2026-01-272.112.10113.22B113.77B
2025-10-282.922.80113.16B113.03B
2025-07-294.084.45111.62B111.52B
2025-04-177.207.29109.58B111.58B
2025-01-166.816.74100.81B101.60B
2024-10-157.157.0099.18B99.14B
2024-07-166.806.6597.86B98.79B
2024-04-166.916.6198.78B99.23B
2024-01-126.165.9893.25B92.14B
2023-10-136.566.3291.36B86.59B
2023-07-146.145.9991.79B82.95B
2023-04-146.266.1391.93B89.77B
2023-01-135.345.1782.79B82.48B
2022-10-145.795.4280.89B80.52B
2022-07-155.575.2080.33B79.68B
2022-04-145.495.3880.15B78.73B
2022-01-194.484.3073.74B78.73B
2021-10-144.524.4172.34B71.06B
2021-07-154.704.4371.32B69.60B
2021-04-155.314.3870.20B69.26B
2021-01-202.522.4165.47B62.05B
2020-10-143.513.0965.11B57.32B
2020-07-157.125.2862.14B45.83B
2020-04-153.723.6364.42B62.51B
2020-01-153.903.7760.90B58.45B
2019-10-153.883.7560.35B57.88B
2019-07-183.603.4560.59B57.51B
2019-04-163.733.6060.31B57.82B
2019-01-153.283.2158.42B56.84B
2018-10-163.413.2956.56B54.20B
2018-07-173.143.0456.09B53.96B
2018-04-173.042.8955.19B52.18B
2018-01-162.592.5052.06B50.36B
2017-10-172.662.5650.32B48.19B
2017-07-182.462.3850.05B48.18B
2017-04-182.372.1748.72B44.41B

Dividends

Yield 2.22%. Payout ratio 51.45%. Frequency Quarterly.

Safety score 95/100 · Safe. Payout ratio is 51% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 37 separate years. Yield is 2.2%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-09-14$2.322026-09-142026-09-22Quarterly
2026-06-15$2.322026-06-152026-06-23Quarterly
2026-03-09$2.212026-03-092026-03-17Quarterly
2025-12-08$2.212025-12-082025-12-16Quarterly
2025-09-15$2.212025-09-152025-09-23Quarterly
2025-06-16$2.212025-06-162025-06-24Quarterly
2025-03-10$2.102025-03-102025-03-18Quarterly
2024-12-09$2.102024-12-092024-12-17Quarterly
2024-09-16$2.102024-09-162024-09-24Quarterly
2024-06-17$2.102024-06-172024-06-25Quarterly
2024-03-08$1.882024-03-112024-03-19Quarterly
2023-12-01$1.882023-12-042023-12-12Quarterly
2023-09-08$1.882023-09-112023-09-19Quarterly
2023-06-15$1.882023-06-192023-06-27Quarterly
2023-03-10$1.652023-03-132023-03-21Quarterly
2022-12-02$1.652022-12-052022-12-13Quarterly
2022-09-09$1.652022-09-122022-09-20Quarterly
2022-06-16$1.652022-06-202022-06-28Quarterly
2022-03-11$1.452022-03-142022-03-22Quarterly
2021-12-03$1.452021-12-062021-12-14Quarterly
2021-09-10$1.452021-09-132021-09-21Quarterly
2021-06-18$1.452021-06-212021-06-29Quarterly
2021-03-12$1.252021-03-152021-03-23Quarterly
2020-12-04$1.252020-12-072020-12-15Quarterly
2020-09-11$1.252020-09-142020-09-22Quarterly
2020-06-19$1.252020-06-222020-06-30Quarterly
2020-03-13$1.082020-03-162020-03-24Quarterly
2019-12-06$1.082019-12-092019-12-17Quarterly
2019-09-13$1.082019-09-162019-09-24Quarterly
2019-06-14$1.082019-06-172019-06-25Quarterly
2019-03-08$0.902019-03-112019-03-19Quarterly
2018-11-30$0.902018-12-032018-12-13Quarterly
2018-09-06$0.902018-09-072018-09-18Quarterly
2018-06-15$0.902018-06-182018-06-26Quarterly
2018-03-08$0.752018-03-092018-03-20Quarterly
2017-11-30$0.752017-12-012017-12-12Quarterly
2017-09-07$0.752017-09-082017-09-19Quarterly
2017-06-15$0.752017-06-192017-06-27Quarterly
2017-03-08$0.622017-03-102017-03-21Quarterly
2016-11-30$0.622016-12-022016-12-13Quarterly
2016-09-07$0.622016-09-092016-09-20Quarterly
2016-06-15$0.622016-06-172016-06-28Quarterly
2016-03-09$0.502016-03-112016-03-22Quarterly
2015-12-02$0.502015-12-042015-12-15Quarterly
2015-09-09$0.502015-09-112015-09-22Quarterly
2015-06-11$0.502015-06-152015-06-24Quarterly
2015-03-11$0.382015-03-132015-03-24Quarterly
2014-12-03$0.382014-12-052014-12-16Quarterly
2014-09-10$0.382014-09-122014-09-23Quarterly
2014-06-12$0.382014-06-162014-06-25Quarterly
2014-03-12$0.282014-03-142014-03-25Quarterly
2013-12-04$0.282013-12-062013-12-17Quarterly
2013-09-11$0.282013-09-132013-09-24Quarterly
2013-06-13$0.282013-06-172013-06-21Quarterly
2013-03-13$0.212013-03-152013-03-26Quarterly
2012-12-07$0.212012-12-112012-12-21Quarterly
2012-09-12$0.212012-09-142012-09-21Quarterly
2012-06-13$0.212012-06-152012-06-22Quarterly
2012-03-01$0.162012-03-052012-03-19Quarterly
2011-12-05$0.162011-12-072011-12-21Quarterly
2011-09-02$0.162011-09-072011-09-21Quarterly
2011-06-03$0.162011-06-072011-06-21Quarterly
2011-03-03$0.122011-03-072011-03-21Quarterly
2010-12-03$0.122010-12-072010-12-21Quarterly
2010-09-10$0.122010-09-142010-09-28Quarterly
2010-06-03$0.122010-06-072010-06-21Quarterly
2010-04-01$0.032010-04-062010-04-20Annual
2009-03-31$0.032009-04-022009-04-16Annual
2008-03-31$0.032008-04-022008-04-16Annual
2007-03-29$0.032007-04-022007-04-16Annual
2006-03-30$0.032006-04-032006-04-17Annual
2005-03-30$0.012005-04-012005-04-18Annual
2004-03-30$0.012004-04-012004-04-16Annual
2003-03-28$0.012003-04-012003-04-17Annual
2002-03-27$0.012002-04-012002-04-17Annual
2001-03-29$0.012001-04-022001-04-18Annual
2000-03-30$0.002000-04-032000-04-19Annual
1999-03-30$0.001999-04-011999-04-15Annual
1998-03-30$0.001998-04-011998-04-15Annual
1997-04-01$0.001997-04-031997-04-15Annual

Insider trades

DateInsiderActionSharesPriceValue
2026-10-01Noseworthy John HBuy240——
2026-10-01MONTGOMERY RICE VALERIE MDBuy257——
2026-10-01MCNABB FREDERICK WILLIAM IIIBuy291——
2026-10-01Gottlieb ScottBuy257——
2026-10-01Gil KristenBuy240——
2026-10-01GARCIA PAUL RBuy103——
2026-10-01GARCIA PAUL RBuy155——
2026-10-01FLYNN TIMOTHY PATRICKBuy262——
2026-10-01Baker Charles D.Buy257——
2026-09-22MCNABB FREDERICK WILLIAM IIIBuy57——
2026-09-22Stankiewicz Dennis AndrewBuy51——
2026-09-22Baker Charles D.Buy15——
2026-09-22FLYNN TIMOTHY PATRICKBuy68——
2026-09-22Noseworthy John HBuy46——
2026-09-22Gottlieb ScottBuy5——
2026-09-22Zaetta Christopher RBuy67——
2026-09-22HEMSLEY STEPHEN JBuy50——
2026-09-22MONTGOMERY RICE VALERIE MDBuy47——
2026-09-22GARCIA PAUL RBuy16——
2026-09-22Gil KristenBuy10——
2026-09-22Conway Patrick HughBuy91——
2026-09-22DeVeydt Wayne SBuy106——
2026-09-22Noel Timothy JohnBuy84——
2026-09-22McSweeney ErinBuy53——
2026-09-02DeVeydt Wayne SSell1.21K$399.66483.15K
2026-08-21Conway Patrick HughSell1.17K$390.00455.91K
2026-08-11Stankiewicz Dennis AndrewSell233$402.1993.87K
2026-08-05Conway Patrick HughSell500$410.00205.00K
2026-07-01Noseworthy John HBuy206——
2026-07-01MONTGOMERY RICE VALERIE MDBuy220——
2026-07-01MCNABB FREDERICK WILLIAM IIIBuy250——
2026-07-01Gottlieb ScottBuy210——
2026-07-01Gil KristenBuy206——
2026-07-01GARCIA PAUL RBuy88——
2026-07-01GARCIA PAUL RBuy132——
2026-07-01FLYNN TIMOTHY PATRICKBuy225——
2026-07-01Baker Charles D.Buy220——
2026-06-23McSweeney ErinBuy48——
2026-06-23Noseworthy John HBuy41——
2026-06-23GARCIA PAUL RBuy13——
2026-06-23MONTGOMERY RICE VALERIE MDBuy41——
2026-06-23Gil KristenBuy8——
2026-06-23Gottlieb ScottBuy3——
2026-06-23Conway Patrick HughBuy82——
2026-06-23Noel Timothy JohnBuy76——
2026-06-23Zaetta Christopher RBuy61——
2026-06-23DeVeydt Wayne SBuy112——
2026-06-23HEMSLEY STEPHEN JBuy46——
2026-06-23Stankiewicz Dennis AndrewBuy51——
2026-06-23Baker Charles D.Buy13——
2026-06-23MCNABB FREDERICK WILLIAM IIIBuy50——
2026-06-23FLYNN TIMOTHY PATRICKBuy61——
2026-06-05Conway Patrick HughSell687$399.47274.38K
2026-06-03Zaetta Christopher RSell134$377.0050.53K
2026-06-02Conway Patrick HughSell204$377.9277.03K
2026-04-23Conway Patrick HughSell800$355.00284.00K
2026-04-01HOOPER MICHELE JBuy206——
2026-04-01MCNABB FREDERICK WILLIAM IIIBuy388——
2026-04-01Baker Charles D.Buy343——
2026-04-01Gil KristenBuy320——
2026-04-01Noseworthy John HBuy320——
2026-04-01GARCIA PAUL RBuy137——
2026-04-01GARCIA PAUL RBuy206——
2026-04-01Gottlieb ScottBuy320——
2026-04-01MONTGOMERY RICE VALERIE MDBuy343——
2026-04-01FLYNN TIMOTHY PATRICKBuy350——
2026-03-17MONTGOMERY RICE VALERIE MDBuy53——
2026-03-17DeVeydt Wayne SBuy150——
2026-03-17Stankiewicz Dennis AndrewBuy68——
2026-03-17GARCIA PAUL RBuy16——
2026-03-17Noseworthy John HBuy52——
2026-03-17Zaetta Christopher RBuy90——
2026-03-17Noel Timothy JohnBuy102——
2026-03-17MCNABB FREDERICK WILLIAM IIIBuy64——
2026-03-17FLYNN TIMOTHY PATRICKBuy79——
2026-03-17HEMSLEY STEPHEN JBuy61——
2026-03-17Baker Charles D.Buy14——
2026-03-17McSweeney ErinBuy65——
2026-03-17HOOPER MICHELE JBuy292——
2026-03-17Gil KristenBuy8——
2026-03-17Gottlieb ScottBuy1——
2026-03-17Conway Patrick HughBuy125——
2026-03-02Stankiewicz Dennis AndrewOther0——
2026-03-02Stankiewicz Dennis AndrewOther4.04K$327.641.32M
2026-03-02Stankiewicz Dennis AndrewOther2.75K$474.401.31M
2026-03-02Stankiewicz Dennis AndrewOther2.70K$491.691.33M
2026-03-02Stankiewicz Dennis AndrewOther3.63K$521.971.90M
2026-03-02Stankiewicz Dennis AndrewOther5.70K$502.422.86M
2026-03-02Stankiewicz Dennis AndrewOther19.54K$282.345.52M
2026-03-02Stankiewicz Dennis AndrewOther3.27K$252.37825.00K
2026-03-02Stankiewicz Dennis AndrewOther3.56K$302.201.08M
2026-02-23ROOS THOMAS EBuy2.44K——
2026-02-23ROOS THOMAS ESell152$282.3442.85K
2026-02-23ROOS THOMAS EBuy9.77K$282.342.76M
2026-02-23Zaetta Christopher RBuy28.41K$282.348.02M
2026-02-23Zaetta Christopher RBuy7.08K——
2026-02-23Zaetta Christopher RSell129$282.3436.55K
2026-02-23Noel Timothy JohnBuy35.52K$282.3410.03M
2026-02-23Noel Timothy JohnBuy8.86K——
2026-02-23Noel Timothy JohnSell123$282.3434.78K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 3.57K, holders +350 vs prior quarter. Ownership 88.55%.

HolderSharesChangeChange %Value
BLACKROCK, INC.76.86M3.40M+4.62%31.95B
VANGUARD CAPITAL MANAGEMENT LLC59.31M440.75K+0.75%24.65B
STATE STREET CORP45.63M301.08K+0.66%18.97B
CAPITAL WORLD INVESTORS29.89M2.10M+7.57%12.42B
FMR LLC27.99M15.97M+132.91%11.63B
VANGUARD PORTFOLIO MANAGEMENT LLC24.48M446.73K+1.86%10.18B
PRICE T ROWE ASSOCIATES INC /MD/23.15M2.28M+10.92%9.62B
GEODE CAPITAL MANAGEMENT, LLC21.75M-1.02M-4.47%9.01B
JPMORGAN CHASE & CO20.25M1.14M+5.99%8.50B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.19.83M19.83MNew8.24B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC19.83M-987.17K-4.74%8.24B
MORGAN STANLEY14.80M-168.11K-1.12%6.15B
NORGES BANK12.74M12.74MNew5.29B
BANK OF NEW YORK MELLON CORP10.70M616.72K+6.11%4.45B
WELLINGTON MANAGEMENT GROUP LLP10.68M583.54K+5.78%4.44B
SUSQUEHANNA INTERNATIONAL GROUP, LLP10.60M7.42M+233.17%4.40B
CAPITAL RESEARCH GLOBAL INVESTORS10.53M-6.58M-38.44%4.38B
BANK OF AMERICA CORP /DE/9.74M-1.98M-16.88%4.05B
FISHER ASSET MANAGEMENT, LLC9.08M3.84M+73.40%3.77B
DODGE & COX9.07M-394.50K-4.17%3.77B
NORTHERN TRUST CORP8.76M-18.85K-0.21%3.64B
FRANKLIN TEMPLETON INC8.64M2.97M+52.34%3.59B
SUSQUEHANNA INTERNATIONAL GROUP, LLP8.38M5.20M+163.62%3.48B
JANE STREET GROUP, LLC8.36M6.71M+406.82%3.47B
CAPITAL INTERNATIONAL INVESTORS7.79M-1.21M-13.47%3.24B

Insights

Revenue by product
PeriodValue
FY2015Intersegment Eliminations: -41840000000.0, Optumhealth: 13927000000.0, Optuminsight: 6196000000.0, Optumrx: 48272000000.0, Unitedhealthcare: 131343000000.0
FY2016Intersegment Eliminations: -47334000000.0, Optumhealth: 16908000000.0, Optuminsight: 7333000000.0, Optumrx: 60440000000.0, Unitedhealthcare: 148581000000.0
FY2017Intersegment Eliminations: -53283000000.0, Optumhealth: 20570000000.0, Optuminsight: 8087000000.0, Optumrx: 63755000000.0, Unitedhealthcare: 163257000000.0
FY2018Intersegment Eliminations: -58509000000.0, Optumhealth: 24145000000.0, Optuminsight: 9008000000.0, Optumrx: 69536000000.0, Unitedhealthcare: 183476000000.0
FY2019Intersegment Eliminations: -64637000000.0, Optumhealth: 30317000000.0, Optuminsight: 10006000000.0, Optumrx: 74288000000.0, Unitedhealthcare: 193842000000.0
FY2020Intersegment Eliminations: -80042000000.0, Optumhealth: 39808000000.0, Optuminsight: 10802000000.0, Optumrx: 87498000000.0, Unitedhealthcare: 200875000000.0
FY2021Intersegment Eliminations: -90867000000.0, Optumhealth: 54065000000.0, Optuminsight: 12199000000.0, Optumrx: 91314000000.0, Unitedhealthcare: 222899000000.0
FY2022Intersegment Eliminations: -108347000000.0, Optumhealth: 71174000000.0, Optuminsight: 14581000000.0, Optumrx: 99773000000.0, Unitedhealthcare: 249741000000.0
FY2024Intersegment Eliminations: -150887000000.0, Optumhealth: 105358000000.0, Optuminsight: 18757000000.0, Optumrx: 133231000000.0, Unitedhealthcare: 298208000000.0
FY2025Investment and other income: 3920000000.0, Premiums: 352229000000.0, Products: 53380000000.0, Services: 38038000000.0

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UnitedHealth Group (UNH) Stock Insights

UNH$407.26-3.13 -0.76%

$365.55B

Market Cap

23.42

P/E

19.79

Forward P/E

40

Score

Price History