Return on Assets (ROA)
since 2005
Calculation
UnitedHealth Group Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net earnings attributable to UnitedHealth Group common shareholders1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 8.18% | = | 100 | × | 22,381) | ÷ | 273,720) |
| Dec 31, 2022 | 8.19% | = | 100 | × | 20,120) | ÷ | 245,705) |
| Dec 31, 2021 | 8.15% | = | 100 | × | 17,285) | ÷ | 212,206) |
| Dec 31, 2020 | 7.81% | = | 100 | × | 15,403) | ÷ | 197,289) |
| Dec 31, 2019 | 7.96% | = | 100 | × | 13,839) | ÷ | 173,889) |
| Dec 31, 2018 | 7.87% | = | 100 | × | 11,986) | ÷ | 152,221) |
| Dec 31, 2017 | 7.59% | = | 100 | × | 10,558) | ÷ | 139,058) |
| Dec 31, 2016 | 5.71% | = | 100 | × | 7,017) | ÷ | 122,810) |
| Dec 31, 2015 | 5.22% | = | 100 | × | 5,813) | ÷ | 111,383) |
| Dec 31, 2014 | 6.50% | = | 100 | × | 5,619) | ÷ | 86,382) |
| Dec 31, 2013 | 6.87% | = | 100 | × | 5,625) | ÷ | 81,882) |
| Dec 31, 2012 | 6.83% | = | 100 | × | 5,526) | ÷ | 80,885) |
| Dec 31, 2011 | 7.57% | = | 100 | × | 5,142) | ÷ | 67,889) |
| Dec 31, 2010 | 7.35% | = | 100 | × | 4,634) | ÷ | 63,063) |
| Dec 31, 2009 | 6.47% | = | 100 | × | 3,822) | ÷ | 59,045) |
| Dec 31, 2008 | 5.33% | = | 100 | × | 2,977) | ÷ | 55,815) |
| Dec 31, 2007 | 9.14% | = | 100 | × | 4,654) | ÷ | 50,899) |
| Dec 31, 2006 | 8.61% | = | 100 | × | 4,159) | ÷ | 48,320) |
| Dec 31, 2005 | 7.98% | = | 100 | × | 3,300) | ÷ | 41,374) |
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$ in millions
Comparison to Competitors
UnitedHealth Group Inc., ROA, long-term trends, comparison to competitors
| UnitedHealth Group Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 8.18% | 7.82% | 3.38% | 3.34% | 5.50% | 11.64% | 4.13% |
| Dec 31, 2022 | 8.19% | 9.31% | 4.63% | 1.82% | 5.86% | 10.19% | 5.54% |
| Dec 31, 2021 | 8.15% | 9.40% | 3.46% | 3.39% | 6.26% | 12.58% | 3.87% |
| Dec 31, 2020 | 7.81% | 6.20% | 5.44% | 3.11% | 5.28% | 9.50% | 5.28% |
| Dec 31, 2019 | 7.96% | 5.43% | 3.28% | 2.98% | 6.21% | 14.17% | 5.16% |
| Dec 31, 2018 | 7.87% | 3.53% | 1.72% | -0.30% | 5.24% | 14.37% | 3.40% |
| Dec 31, 2017 | 7.59% | 0.63% | 3.62% | 6.96% | 5.45% | 11.46% | 4.04% |
| Dec 31, 2016 | 5.71% | 2.66% | 3.15% | 5.63% | 3.79% | 11.34% | 3.55% |
| Dec 31, 2015 | 5.22% | 10.72% | 3.67% | 5.59% | 4.15% | 12.00% | 2.51% |
| Dec 31, 2014 | 6.50% | 5.53% | 3.76% | 6.25% | 4.14% | 10.58% | 8.08% |
| Dec 31, 2013 | 6.87% | 6.00% | 2.72% | 6.42% | 4.18% | 16.99% | 9.95% |
| Dec 31, 2012 | 6.83% | 8.87% | 3.02% | 5.88% | 4.50% | 16.18% | 10.93% |
| Dec 31, 2011 | 7.57% | 7.84% | 2.60% | 5.36% | 5.09% | 16.16% | 10.18% |
| Dec 31, 2010 | 7.35% | 7.78% | 2.94% | 5.51% | 5.75% | 15.97% | 11.03% |
| Dec 31, 2009 | 6.47% | 10.96% | 3.03% | 6.00% | 9.10% | 12.85% | 9.17% |
| Dec 31, 2008 | 5.33% | 11.51% | 0.71% | 5.27% | 5.15% | 13.86% | 10.05% |
| Dec 31, 2007 | 9.14% | 9.08% | 2.78% | 4.82% | 6.43% | 13.90% | 14.36% |
| Dec 31, 2006 | 8.61% | 4.75% | 2.72% | 6.65% | 5.98% | 10.72% | 12.95% |
| Dec 31, 2005 | 7.98% | 11.57% | 3.62% | 8.01% | 4.79% | 18.77% | 10.86% |
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., ROA, long-term trends, comparison to sector (health care equipment & services)
| UnitedHealth Group Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 8.18% | 5.51% |
| Dec 31, 2022 | 8.19% | 5.59% |
| Dec 31, 2021 | 8.15% | 5.58% |
| Dec 31, 2020 | 7.81% | 5.44% |
| Dec 31, 2019 | 7.96% | 5.03% |
| Dec 31, 2018 | 7.87% | 3.29% |
| Dec 31, 2017 | 7.59% | 5.18% |
| Dec 31, 2016 | 5.71% | 4.46% |
| Dec 31, 2015 | 5.22% | 4.91% |
| Dec 31, 2014 | 6.50% | 5.72% |
| Dec 31, 2013 | 6.87% | 5.99% |
| Dec 31, 2012 | 6.83% | 6.57% |
| Dec 31, 2011 | 7.57% | 6.35% |
| Dec 31, 2010 | 7.35% | 6.56% |
| Dec 31, 2009 | 6.47% | 7.39% |
| Dec 31, 2008 | 5.33% | 5.97% |
| Dec 31, 2007 | 9.14% | 7.09% |
| Dec 31, 2006 | 8.61% | 6.43% |
| Dec 31, 2005 | 7.98% | 6.97% |
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., ROA, long-term trends, comparison to industry (health care)
| UnitedHealth Group Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 8.18% | 6.47% |
| Dec 31, 2022 | 8.19% | 8.43% |
| Dec 31, 2021 | 8.15% | 8.29% |
| Dec 31, 2020 | 7.81% | 5.45% |
| Dec 31, 2019 | 7.96% | 7.18% |
| Dec 31, 2018 | 7.87% | 6.22% |
| Dec 31, 2017 | 7.59% | 5.24% |
| Dec 31, 2016 | 5.71% | 6.99% |
| Dec 31, 2015 | 5.22% | 7.36% |
| Dec 31, 2014 | 6.50% | 8.16% |
| Dec 31, 2013 | 6.87% | 8.27% |
| Dec 31, 2012 | 6.83% | 7.68% |
| Dec 31, 2011 | 7.57% | 6.96% |
| Dec 31, 2010 | 7.35% | 6.89% |
| Dec 31, 2009 | 6.47% | 9.13% |
| Dec 31, 2008 | 5.33% | 8.55% |
| Dec 31, 2007 | 9.14% | 8.15% |
| Dec 31, 2006 | 8.61% | 9.80% |
| Dec 31, 2005 | 7.98% | 9.10% |
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).