Price to Earnings (P/E)
since 2005
Calculation
UnitedHealth Group Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings attributable to UnitedHealth Group common shareholders1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | 20.53 | = | 498.28 | ÷ | 24.28 | 24.28 | = | 22,381 | ÷ | 921,934,109 | |
| Feb 24, 2023 | 22.46 | = | 484.33 | ÷ | 21.57 | 21.57 | = | 20,120 | ÷ | 932,846,602 | |
| Feb 15, 2022 | 26.03 | = | 478.23 | ÷ | 18.37 | 18.37 | = | 17,285 | ÷ | 940,899,146 | |
| Mar 1, 2021 | 20.54 | = | 334.65 | ÷ | 16.29 | 16.29 | = | 15,403 | ÷ | 945,319,404 | |
| Feb 14, 2020 | 20.48 | = | 298.78 | ÷ | 14.59 | 14.59 | = | 13,839 | ÷ | 948,573,372 | |
| Feb 12, 2019 | 21.09 | = | 263.50 | ÷ | 12.49 | 12.49 | = | 11,986 | ÷ | 959,538,515 | |
| Feb 13, 2018 | 20.77 | = | 226.64 | ÷ | 10.91 | 10.91 | = | 10,558 | ÷ | 967,662,919 | |
| Feb 8, 2017 | 21.73 | = | 160.31 | ÷ | 7.38 | 7.38 | = | 7,017 | ÷ | 951,165,192 | |
| Feb 9, 2016 | 18.18 | = | 111.16 | ÷ | 6.11 | 6.11 | = | 5,813 | ÷ | 950,673,998 | |
| Feb 10, 2015 | 18.50 | = | 108.97 | ÷ | 5.89 | 5.89 | = | 5,619 | ÷ | 953,695,161 | |
| Feb 12, 2014 | 12.35 | = | 70.24 | ÷ | 5.69 | 5.69 | = | 5,625 | ÷ | 989,191,844 | |
| Feb 7, 2013 | 10.58 | = | 57.05 | ÷ | 5.39 | 5.39 | = | 5,526 | ÷ | 1,024,925,324 | |
| Feb 9, 2012 | 10.78 | = | 53.06 | ÷ | 4.92 | 4.92 | = | 5,142 | ÷ | 1,044,964,149 | |
| Feb 10, 2011 | 10.01 | = | 42.43 | ÷ | 4.24 | 4.24 | = | 4,634 | ÷ | 1,093,694,629 | |
| Feb 10, 2010 | 9.91 | = | 32.71 | ÷ | 3.30 | 3.30 | = | 3,822 | ÷ | 1,157,533,379 | |
| Feb 11, 2009 | 11.66 | = | 28.55 | ÷ | 2.45 | 2.45 | = | 2,977 | ÷ | 1,215,615,705 | |
| Feb 21, 2008 | 12.85 | = | 47.80 | ÷ | 3.72 | 3.72 | = | 4,654 | ÷ | 1,251,382,699 | |
| Mar 6, 2007 | 17.58 | = | 53.98 | ÷ | 3.07 | 3.07 | = | 4,159 | ÷ | 1,354,320,209 | |
| Feb 24, 2006 | 24.20 | = | 58.89 | ÷ | 2.43 | 2.43 | = | 3,300 | ÷ | 1,356,292,073 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of UnitedHealth Group Inc. Annual Report.
Comparison to Competitors
UnitedHealth Group Inc., P/E, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2024 | 20.53 | 34.57 | 19.03 | 11.47 | 19.80 | 17.64 | 74.11 | 30.94 |
| Feb 24, 2023 | 22.46 | 26.76 | 13.13 | 27.53 | 9,358,713.46 | 22.52 | 64.99 | 23.38 |
| Feb 15, 2022 | 26.03 | 29.13 | 13.43 | 17.39 | 18.13 | 18.34 | 59.94 | 46.56 |
| Mar 1, 2021 | 20.54 | 48.49 | 8.71 | 12.88 | 15.87 | 14.48 | 87.47 | 26.30 |
| Feb 14, 2020 | 20.48 | 41.83 | 13.26 | 14.15 | 15.96 | 18.10 | 48.72 | 28.78 |
| Feb 12, 2019 | 21.09 | 56.47 | 25.14 | — | 21.45 | 24.77 | 53.03 | 37.80 |
| Feb 13, 2018 | 20.77 | 220.29 | 21.27 | 10.69 | 15.44 | 15.13 | 70.95 | 29.96 |
| Feb 8, 2017 | 21.73 | 55.16 | 20.31 | 14.91 | 17.48 | 49.76 | 37.16 | 33.17 |
| Feb 9, 2016 | 18.18 | 12.83 | 17.14 | 18.98 | 12.99 | 19.50 | 34.24 | 40.56 |
| Feb 10, 2015 | 18.50 | 31.30 | 14.95 | 24.64 | 15.29 | 20.27 | 44.77 | 20.75 |
| Feb 12, 2014 | 12.35 | 23.25 | 14.42 | 17.71 | 9.95 | 12.76 | 22.82 | 14.99 |
| Feb 7, 2013 | 10.58 | 9.24 | 10.30 | 16.23 | 7.09 | 9.15 | 35.05 | 10.57 |
| Feb 9, 2012 | 10.78 | 18.67 | 9.68 | 16.66 | 8.36 | 10.29 | 39.05 | 13.37 |
| Feb 10, 2011 | 10.01 | 15.68 | 8.47 | 13.20 | 8.74 | 9.42 | 33.85 | 12.65 |
| Feb 10, 2010 | 9.91 | 14.69 | 7.15 | 12.70 | 5.53 | 7.43 | 54.30 | 17.11 |
| Feb 11, 2009 | 11.66 | 17.11 | 15.21 | 11.72 | 8.26 | 10.58 | 21.99 | 26.02 |
| Feb 21, 2008 | 12.85 | 23.82 | 11.20 | 22.10 | 12.02 | 14.06 | 79.87 | 20.81 |
| Mar 6, 2007 | 17.58 | 48.17 | 12.03 | 19.24 | 16.05 | 20.82 | 58.08 | 21.31 |
| Feb 24, 2006 | 24.20 | 20.03 | 9.24 | 20.64 | 20.66 | 26.95 | 36.68 | 35.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
UnitedHealth Group Inc., P/E, long-term trends, comparison to sector (health care equipment & services)
| UnitedHealth Group Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 28, 2024 | 20.53 | 22.70 |
| Feb 24, 2023 | 22.46 | 1,062,663.22 |
| Feb 15, 2022 | 26.03 | 25.01 |
| Mar 1, 2021 | 20.54 | 21.10 |
| Feb 14, 2020 | 20.48 | 21.63 |
| Feb 12, 2019 | 21.09 | 31.74 |
| Feb 13, 2018 | 20.77 | 22.89 |
| Feb 8, 2017 | 21.73 | 24.62 |
| Feb 9, 2016 | 18.18 | 19.64 |
| Feb 10, 2015 | 18.50 | 21.33 |
| Feb 12, 2014 | 12.35 | 15.35 |
| Feb 7, 2013 | 10.58 | 11.32 |
| Feb 9, 2012 | 10.78 | 13.97 |
| Feb 10, 2011 | 10.01 | 12.25 |
| Feb 10, 2010 | 9.91 | 11.53 |
| Feb 11, 2009 | 11.66 | 14.78 |
| Feb 21, 2008 | 12.85 | 17.67 |
| Mar 6, 2007 | 17.58 | 21.53 |
| Feb 24, 2006 | 24.20 | 22.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
UnitedHealth Group Inc., P/E, long-term trends, comparison to industry (health care)
| UnitedHealth Group Inc. | Health Care | |
|---|---|---|
| Feb 28, 2024 | 20.53 | 30.09 |
| Feb 24, 2023 | 22.46 | 314,676.00 |
| Feb 15, 2022 | 26.03 | 19.87 |
| Mar 1, 2021 | 20.54 | 29.50 |
| Feb 14, 2020 | 20.48 | 21.10 |
| Feb 12, 2019 | 21.09 | 25.51 |
| Feb 13, 2018 | 20.77 | 29.68 |
| Feb 8, 2017 | 21.73 | 21.38 |
| Feb 9, 2016 | 18.18 | 19.10 |
| Feb 10, 2015 | 18.50 | 20.89 |
| Feb 12, 2014 | 12.35 | 18.14 |
| Feb 7, 2013 | 10.58 | 15.43 |
| Feb 9, 2012 | 10.78 | 15.48 |
| Feb 10, 2011 | 10.01 | 14.45 |
| Feb 10, 2010 | 9.91 | 11.43 |
| Feb 11, 2009 | 11.66 | 12.78 |
| Feb 21, 2008 | 12.85 | 18.99 |
| Mar 6, 2007 | 17.58 | 18.38 |
| Feb 24, 2006 | 24.20 | 21.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).