This is the standing evidence sheet for UnitedHealth Group (UNH): the yardsticks BullScope computes from official SEC filings and market prices. It refreshes whenever a new edition of our research is published, and it is impersonal by design, every reader sees the same page. Nothing here is investment advice; it is the evidence, organized.
The price tag: what buyers pay per dollar of profit
Today the market pays about $29.5 for each $1 of UnitedHealth Group’s annual profit (a price-to-earnings ratio of 29.5). Across its own past decade the typical price tag was 23.3, which puts today at roughly the 93th percentile of the company’s own history.
The tape: what the stock itself has done
- Last price: $400.94 (end-of-day market data as of the edition date · methodology) · 8% below its 52-week high
- Past 6 months: +38.8% · past 12 months: +30.2%
- Day-to-day temperament: jumpy (annualized volatility 35%)
The filed record: straight from the annual reports
| Fiscal year | Revenue | Growth | Operating margin | EPS |
|---|---|---|---|---|
| FY2021 | $287.6B | +11.8% | 8.3% | $18.08 |
| FY2022 | $324.2B | +12.7% | 8.8% | $21.18 |
| FY2023 | $371.6B | +14.6% | 8.7% | $23.86 |
| FY2024 | $400.3B | +7.7% | 8.1% | $15.51 |
| FY2025 | $447.6B | +11.8% | 4.2% | $13.23 |
The road ahead: filed results vs published expectations
| FY2023A | FY2024A | FY2025A | FY2026E | FY2027E | |
|---|---|---|---|---|---|
| Net sales ($B) | 371.6 | 400.3 | 447.6 | 468-498 | 505-560 |
| Net sales growth (%) | +11.4 | +7.7 | +11.8 | +4.5-11.3 | +7.5-12.4 |
| Operating margin (%) | 8.7 | 8.1 | 4.2 | 4.5-5.8 | 5.2-7.0 |
| Diluted EPS ($) | 23.86 | 15.51 | 13.23 | 11.50-17.50 | 13.00-22.00 |
Columns marked A are actual filed results; E columns are the published consensus ranges the current price is being weighed against.
The four gauges: from the latest edition
BullScope coverage of UnitedHealth Group
- UnitedHealth’s Numbers Are Healing Faster Than Its Stock Admits
- The Insurer Earning Less on More: UnitedHealth’s Medical Cost Reckoning
Read the full report on UnitedHealth Group in the BullScope Terminal → It opens with this company loaded.
Edition date: 2026-08-17. This page updates when a new edition is published. Sources: SEC EDGAR filings, Nasdaq prices; computed by BullScope’s published methodology.
