UNITEDHEALTH GROUP INC (UNH) Stock Analysis

Analysis from 10-Q filed 2026-08-10. Data as of Q2 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC N/A. FCF margin 5.2%. D/E 0.7x. Source: 10-Q filed 2026-08-10.

Metric	Value	Context
ROIC	N/A	Below expectations
FCF Margin	5.2%	Healthy cash flow
Debt/Equity	0.7x	Moderate leverage

FCF margin 5.2% — Bottom 10%.

Explore UNITEDHEALTH GROUP INC: Earnings History | Filings

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for UNH: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: UNITEDHEALTH GROUP INC earns N/A ROIC

ROIC TTM N/A, sector median -19.5%. Source: 10-Q filed 2026-08-10.

Metric	UNH	Rating	Context
Return on Invested Capital (ROIC)	N/A	Red flag	Below sector median of -19.5%
Return on Equity (ROE)	14.0%	Adequate	Moderate equity returns

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Cash Flow: UNITEDHEALTH GROUP INC generates $23.6B FCF at 5.2% margin, positive NaN/8 quarters

FCF TTM $23.6B. FCF margin 5.2%, Bottom 10%. OCF/Net income 1.9x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-08-10.

Metric	UNH	Rating	Context
Free Cash Flow Margin	5.2%	Adequate	Healthy cash generation
Free Cash Flow (TTM)	$23.6B	Good	Positive cash generation
OCF/Net Income	1.9x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: UNITEDHEALTH GROUP INC at 0.7x leverage, 5.6x interest coverage

Debt/Equity 0.7x. Total debt $73.3B, cash & investments $31.5B. Interest coverage 5.6x. Source: 10-Q filed 2026-08-10.

Metric	UNH	Rating	Context
Debt to Equity	0.7x	Adequate	Moderate leverage
Net Cash Position	$-41.9B	Warning	Net debt position
Interest Coverage	5.6x	Good	Comfortable debt service

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Valuation: UNITEDHEALTH GROUP INC trades at 24.2x earnings

P/E 24.2x. EV/Sales 0.9x. FCF yield 6.9%. Dividend yield 2.4%. Source: 10-Q filed 2026-08-10.

Metric	UNH	Rating	Context
P/E Ratio	24.2x	Adequate	Premium valuation
EV/Sales	0.9x	Excellent	Attractive revenue multiple
FCF Yield	6.9%	Good	Attractive cash return
Dividend Yield	2.4%	Adequate	Growth focus over income

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Capital Allocation: UNITEDHEALTH GROUP INC returns 2.8% shareholder yield

Total shareholder yield 2.8% (div 2.4% + buyback 0.5%). Share count +0.0% YoY. Capital returned $9.7B TTM. Source: 10-Q filed 2026-08-10.

Metric	UNH	Rating	Context
Total Shareholder Yield	2.8%	Adequate	Dividend + buyback yield combined
Buyback Yield	0.5%	Adequate	Minimal buyback activity
Share Count Change (YoY)	0.0%	Adequate	Net dilution from issuance/SBC
Total Capital Returned (TTM)	$9.7B	Good	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Free Cash Flow Margin	5.2%	Bottom 10%	0.2x below
Return on Equity (ROE)	14.0%	Top 50%	1.3x above
P/E Ratio	24.2x	N/A	-

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Financial Scorecard

Metric	UNH	Rating	Sector Context
Free Cash Flow Margin	5.2%	Adequate	Bottom 10% of sector (median: 27.4%)
Debt to Equity Ratio	70.2%	Adequate	Elevated but manageable
P/E Ratio (Price-to-Earnings)	24.2x	Adequate	Fair value
Free Cash Flow Yield	6.9%	Good	Solid cash yield

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Frequently Asked Questions

Q: What is UNITEDHEALTH GROUP INC's Return on Invested Capital (ROIC)?

UNITEDHEALTH GROUP INC (UNH) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. Sector median -19.5%. Source: 10-Q filed 2026-08-10.

Q: What is UNITEDHEALTH GROUP INC's Free Cash Flow Margin?

UNITEDHEALTH GROUP INC (UNH) has a free cash flow margin of 5.2%, generating $23.6 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-08-10.

Q: What is UNITEDHEALTH GROUP INC's P/E ratio and how does it compare to peers?

UNITEDHEALTH GROUP INC (UNH) trades at a P/E ratio of 24.2x, which is above the sector median of N/A. EV/Sales 0.9x. FCF yield 6.9%. Source: 10-Q filed 2026-08-10.

Q: Does UNITEDHEALTH GROUP INC pay a dividend?

UNITEDHEALTH GROUP INC (UNH) currently pays a dividend yield of 2.4%. Total shareholder yield (dividend + buybacks) 2.8%. Source: 10-Q filed 2026-08-10.

Q: How much debt does UNITEDHEALTH GROUP INC have?

UNITEDHEALTH GROUP INC (UNH) has a debt-to-equity ratio of 0.7x with total debt of $73.3 billion. Interest coverage 5.6x. Net debt $41.9 billion. Source: 10-Q filed 2026-08-10.

Q: What is UNITEDHEALTH GROUP INC's revenue and earnings growth?

UNITEDHEALTH GROUP INC (UNH) grew revenue by 6.5% year-over-year. EPS -32.7% YoY. Source: 10-Q filed 2026-08-10.

Q: Is UNITEDHEALTH GROUP INC buying back stock?

UNITEDHEALTH GROUP INC (UNH) repurchased $1.6 billion of stock over the trailing twelve months. This represents a buyback yield of 0.5%. Share count +0.0% YoY. Source: 10-Q filed 2026-08-10.

Q: How does UNITEDHEALTH GROUP INC compare to competitors in Financials?

Compared to other companies in Financials, UNITEDHEALTH GROUP INC (UNH) shows: ROIC N/A, sector median -19.5% (N/Ax). FCF margin 5.2%, sector median 27.4% (Bottom 10%). These rankings are based on MetricDuck's analysis of all Financials companies with available SEC filings.

Q: What warning signs should I watch for with UNITEDHEALTH GROUP INC?

No quantitative warning flags fired for UNITEDHEALTH GROUP INC (UNH) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-08-10.

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Data Source: Data sourced from 10-Q filed 2026-08-10. TTM metrics as of Q2 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.