Company Valuation: UnitedHealth Group Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 332,732 472,941 495,373 486,945 465,535 299,851 299,851 -
Change - 42.14% 4.74% -1.7% -4.4% -35.59% 0% -
Enterprise Value (EV) 1 359,278 495,037 514,300 519,854 513,326 354,453 352,500 353,025
Change - 37.79% 3.89% 1.08% -1.26% -30.95% -0.55% 0.15%
P/E ratio 21.9x 27.8x 25x 22.1x 32.6x 22.2x 20.2x 17.2x
PBR 5.1x 6.28x 6.18x 5.48x 5x 3.03x 2.87x 2.74x
PEG - 2.2x 1.5x 1.7x -0.9x -5.96x 2.13x 1x
Capitalization / Revenue 1.29x 1.64x 1.53x 1.31x 1.16x 0.67x 0.66x 0.63x
EV / Revenue 1.4x 1.72x 1.59x 1.4x 1.28x 0.79x 0.77x 0.74x
EV / EBITDA 14.2x 18.3x 16.2x 14.3x 14.1x 13.5x 12.5x 11.2x
EV / EBIT 16x 20.7x 18.1x 16.1x 15.9x 16.2x 14.7x 13.2x
EV / FCF 17.9x 24.9x 22x 20.2x 24.8x 19.2x 22.3x 20.5x
FCF Yield 5.6% 4.02% 4.55% 4.94% 4.03% 5.2% 4.49% 4.89%
Dividend per Share 2 4.83 5.6 6.4 7.29 8.18 8.589 9.092 9.328
Rate of return 1.38% 1.12% 1.21% 1.38% 1.62% 2.59% 2.75% 2.82%
EPS 2 16.03 18.08 21.18 23.86 15.51 14.93 16.35 19.24
Distribution rate 30.1% 31% 30.2% 30.6% 52.7% 57.5% 55.6% 48.5%
Net sales 1 257,141 287,597 324,162 371,622 400,278 447,990 455,981 478,549
EBITDA 1 25,296 27,073 31,835 36,330 36,386 26,196 28,257 31,551
EBIT 1 22,405 23,970 28,435 32,358 32,287 21,888 23,994 26,758
Net income 1 15,403 17,285 20,120 22,381 14,405 13,615 14,819 17,399
Net Debt 1 26,546 22,096 18,927 32,909 47,791 54,603 52,649 53,175
Reference price 2 350.68 502.14 530.18 526.47 505.86 331.02 331.02 331.02
Nbr of stocks (in thousands) 948,821 941,851 934,349 924,925 920,284 905,839 905,839 -
Announcement Date 1/20/21 1/19/22 1/13/23 1/12/24 1/16/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.17x0.79x13.53x2.59% 300B
14.84x0.54x9.65x1.78% 83.31B
11.3x0.36x7.5x2.15% 72.71B
21.83x0.31x9.94x1.34% 32.87B
-4.53x0.13x25.72x-.--% 22.49B
16.14x0.2x7.12x-.--% 9.84B
-205.8x1.08x44.52x-.--% 4.5B
37.29x1.55x9.04x-.--% 2.11B
Average -10.84x 0.62x 15.88x 0.98% 65.96B
Weighted average by Cap. 16.36x 0.63x 12.51x 2.14%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. UNH Stock
  4. Valuation UnitedHealth Group Inc.