Will UnitedHealth Stock Recover?
Shares of embattled health insurance giant UnitedHealth (NYSE:UNH) plummeted by…
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $106.9K | $650.7K | |
| Gross Profit | -- | -- | -- | -$106.9K | -$650.7K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | $140.3K | $1.5M | $3.7M | $15.4M | |
| Selling, General & Admin | -- | $919.5K | $4.7M | $6.9M | $29.6M | |
| Other Inc / (Exp) | -- | -- | -- | $66K | -- | |
| Operating Expenses | -- | $1.1M | $6.3M | $10.5M | $44.4M | |
| Operating Income | -- | -$1.1M | -$6.3M | -$10.6M | -$45M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -$1M | -$6.3M | -$10.2M | -$40.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -$1M | -$6.3M | -$10.2M | -$40.1M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -$1M | -$6.3M | -$10.2M | -$40.1M | |
| Basic EPS (Cont. Ops) | -- | -$0.04 | -$0.22 | -$0.33 | -$1.06 | |
| Diluted EPS (Cont. Ops) | -- | -$0.04 | -$0.22 | -$0.33 | -$1.06 | |
| Weighted Average Basic Share | -- | $28.6M | $28.6M | $30.7M | $37.9M | |
| Weighted Average Diluted Share | -- | $28.6M | $28.6M | $30.7M | $37.9M | |
| EBITDA | -- | -$1.1M | -$6.3M | -$10.5M | -$44.4M | |
| EBIT | -- | -$1.1M | -$6.3M | -$10.6M | -$45M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -$1.1M | -$6.3M | -$10.6M | -$45M | |
| Operating Income (Adjusted) | -- | -$1.1M | -$6.3M | -$10.6M | -$45M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $53K | $288.7K | |
| Gross Profit | -- | -- | -- | -$53K | -$288.7K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | $350.3K | $895.2K | $4.2M | |
| Selling, General & Admin | -- | -- | $1M | $2.3M | $6M | |
| Other Inc / (Exp) | -- | -- | -- | $451.5K | -- | |
| Operating Expenses | -- | -- | $1.4M | $3.1M | $9.9M | |
| Operating Income | -- | -- | -$1.4M | -$3.2M | -$10.2M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -$1.3M | -$2.5M | -$8.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -$2.5M | -$8.1M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -$1.3M | -$2.5M | -$8.1M | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.05 | -$0.08 | -$0.19 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.05 | -$0.08 | -$0.19 | |
| Weighted Average Basic Share | -- | -- | $28.6M | $30.7M | $41.7M | |
| Weighted Average Diluted Share | -- | -- | $28.6M | $30.7M | $41.7M | |
| EBITDA | -- | -- | -$1.4M | -$3.1M | -$9.9M | |
| EBIT | -- | -- | -$1.4M | -$3.2M | -$10.2M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -$1.4M | -$3.2M | -$10.2M | |
| Operating Income (Adjusted) | -- | -- | -$1.4M | -$3.2M | -$10.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $95K | $650.7K | |
| Gross Profit | -- | -- | -- | -$95K | -$650.7K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | $1.5M | $3.7M | $15.4M | |
| Selling, General & Admin | -- | -- | $4.7M | $6.9M | $29.6M | |
| Other Inc / (Exp) | -- | -- | -- | $66K | -- | |
| Operating Expenses | -- | -- | $6.3M | $10.5M | $44.4M | |
| Operating Income | -- | -- | -$6.3M | -$10.6M | -$45M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -$6.3M | -$10.2M | -$40.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -$6.3M | -$10.2M | -$40.1M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -$6.3M | -$10.2M | -$40.1M | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.25 | -$0.36 | -$1.05 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.25 | -$0.36 | -$1.05 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -$6.3M | -$10.5M | -$44.4M | |
| EBIT | -- | -- | -$6.3M | -$10.6M | -$45M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -$6.3M | -$10.6M | -$45M | |
| Operating Income (Adjusted) | -- | -- | -$6.3M | -$10.6M | -$45M | |
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2026-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | $95K | $650.8K | -- | |
| Gross Profit | -- | -- | -$95K | -$650.8K | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | $1.5M | $3.7M | $15.4M | -- | |
| Selling, General & Admin | -- | $2.7M | $6.9M | $29.6M | -- | |
| Other Inc / (Exp) | -- | -- | $66K | -$560.5K | -- | |
| Operating Expenses | -- | $6.3M | $10.5M | $44.4M | -- | |
| Operating Income | -- | -$6.3M | -$10.6M | -$45M | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -$6.3M | -$10.2M | -$40.1M | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -$4.9M | -$10.2M | -$40.1M | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -$6.3M | -$10.2M | -$40.1M | -- | |
| Basic EPS (Cont. Ops) | -- | -$0.23 | -$0.36 | -$1.05 | -- | |
| Diluted EPS (Cont. Ops) | -- | -$0.23 | -$0.36 | -$1.05 | -- | |
| Weighted Average Basic Share | -- | $108M | $112.2M | $151.8M | -- | |
| Weighted Average Diluted Share | -- | $108M | $112.2M | $151.8M | -- | |
| EBITDA | -- | -$6.3M | -$10.5M | -$44.4M | -- | |
| EBIT | -- | -$6.3M | -$10.6M | -$45M | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -$6.3M | -$10.6M | -$45M | -- | |
| Operating Income (Adjusted) | -- | -$6.3M | -$10.6M | -$45M | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | $2.1M | $7M | $28.5M | $203.3M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | $250K | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | $117.4K | $205.9K | $833.9K | $902.9K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | $2.2M | $7.2M | $29.3M | $204.7M | |
| Property Plant And Equipment | -- | -- | -- | $3.5M | $12.3M | |
| Long-Term Investments | -- | -- | -- | $2M | $2M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | -- | $2.2M | $7.2M | $35.1M | $229.8M | |
| Accounts Payable | -- | -- | -- | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | $281.4K | -- | |
| Other Current Liabilities | -- | -- | -- | $770.5K | -- | |
| Total Current Liabilities | -- | $137.8K | $225K | $1.8M | $3.8M | |
| Long-Term Debt | -- | -- | -- | $1.7M | $2.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | $137.8K | $225K | $3.5M | $7.3M | |
| Common Stock | -- | $2K | $5M | $3.1K | $4.2K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | $2.1M | $7M | $31.6M | $222.6M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -- | $2.1M | $7M | $31.6M | $222.6M | |
| Total Liabilities and Equity | -- | $2.2M | $7.2M | $35.1M | $229.8M | |
| Cash and Short Terms | -- | $2.1M | $7M | $28.5M | $203.3M | |
| Total Debt | -- | -- | -- | $1.7M | $2.3M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | -- | $7M | $28.5M | $203.3M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | $250K | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | $205.9K | $833.9K | $902.9K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | -- | $7.2M | $29.3M | $204.7M | |
| Property Plant And Equipment | -- | -- | -- | $3.5M | $12.3M | |
| Long-Term Investments | -- | -- | -- | $2M | $2M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | -- | -- | $7.2M | $35.1M | $229.8M | |
| Accounts Payable | -- | -- | $190K | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | $281.4K | -- | |
| Other Current Liabilities | -- | -- | -- | $770.5K | -- | |
| Total Current Liabilities | -- | -- | $225K | $1.8M | $3.8M | |
| Long-Term Debt | -- | -- | -- | $1.7M | $2.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | -- | $225K | $3.5M | $7.3M | |
| Common Stock | -- | -- | $5M | $3.1K | $4.2K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -- | -- | $7M | $31.6M | $222.6M | |
| Total Liabilities and Equity | -- | -- | $7.2M | $35.1M | $229.8M | |
| Cash and Short Terms | -- | -- | $7M | $28.5M | $203.3M | |
| Total Debt | -- | -- | -- | $1.7M | $2.3M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$1M | -$6.3M | -$10.2M | -$40.1M | |
| Depreciation & Amoritzation | -- | -- | -- | $106.9K | $650.7K | |
| Stock-Based Compensation | -- | $390K | $2.4M | $320.3K | $18.8M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -$250K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -$621.5K | -$3.9M | -$8.5M | -$19.6M | |
| Capital Expenditures | -- | -- | -- | $1.7M | $17.5M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -$3.7M | -$17.5M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -$75K | -$3.6M | -- | |
| Cash From Financing | -- | $2.8M | $8.7M | $33.7M | $211.9M | |
| Beginning Cash (CF) | -- | $2.1M | $7M | $28.5M | $203.3M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | $2.1M | $4.8M | $21.6M | $174.8M | |
| Ending Cash (CF) | -- | $4.3M | $11.8M | $50.1M | $378M | |
| Levered Free Cash Flow | -- | -$621.5K | -$3.9M | -$10.2M | -$37.1M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -$2.5M | -$8.1M | |
| Depreciation & Amoritzation | -- | -- | -- | $53K | $288.7K | |
| Stock-Based Compensation | -- | -- | -- | $167.8K | $1.4M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -$2.5M | -$4.9M | |
| Capital Expenditures | -- | -- | -- | $1.7M | $4.6M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -$3.7M | -$4.6M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -$2.1M | -- | |
| Cash From Financing | -- | -- | -- | $20.9M | $2.6M | |
| Beginning Cash (CF) | -- | -- | $8.1M | $28.5M | $203.3M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | $14.7M | -$6.9M | |
| Ending Cash (CF) | -- | -- | $7M | $43.2M | $196.3M | |
| Levered Free Cash Flow | -- | -- | -$1.2M | -$4.2M | -$9.6M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -$6.3M | -$10.2M | -$40.1M | |
| Depreciation & Amoritzation | -- | -- | -- | $106.9K | $650.7K | |
| Stock-Based Compensation | -- | -- | $2.4M | $320.3K | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -$3.9M | -$8.5M | -$19.6M | |
| Capital Expenditures | -- | -- | -- | $1.7M | $17.5M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -$3.7M | -$17.5M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -$3.6M | -- | |
| Cash From Financing | -- | -- | $8.7M | $33.7M | $211.9M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | $4.8M | $21.6M | $174.8M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -$3.9M | -$10.2M | -$37.1M | |
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2026-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$4.9M | -$10.2M | -$40.1M | -- | |
| Depreciation & Amoritzation | -- | -- | $106.9K | $650.8K | -- | |
| Stock-Based Compensation | -- | $2.1M | $320.3K | $2.3M | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -$2.8M | -$8.5M | -$19.6M | -- | |
| Capital Expenditures | -- | -- | $1.7M | $17.5M | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -$3.7M | -$17.5M | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -$75K | -$3.6M | -$9.1M | -- | |
| Cash From Financing | -- | $8.8M | $33.7M | $211.9M | -- | |
| Beginning Cash (CF) | -- | $15.7M | $56.1M | $655.3M | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | $6M | $21.6M | $174.8M | -- | |
| Ending Cash (CF) | -- | $20.5M | $77.7M | $830M | -- | |
| Levered Free Cash Flow | -- | -$3.9M | -$10.2M | -$37.1M | -- | |
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