Will UnitedHealth Stock Recover?
Shares of embattled health insurance giant UnitedHealth (NYSE:UNH) plummeted by…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $39.9M | $48.3M | $59.9M | |
| Revenue Growth (YoY) | -- | -- | -- | 21.08% | 24.14% | |
| Cost of Revenues | -- | -- | $9.1M | $11.6M | $41.6M | |
| Gross Profit | -- | -- | $30.8M | $36.7M | $18.3M | |
| Gross Profit Margin | -- | -- | 77.29% | 76.01% | 30.49% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | $1.2M | $8.1M | -- | |
| Other Inc / (Exp) | -- | -- | -$201.4K | $318K | -$20.6M | |
| Operating Expenses | -- | -- | $23M | $32.8M | $4.9M | |
| Operating Income | -- | -- | $7.8M | $3.9M | $13.4M | |
| Net Interest Expenses | -- | -- | $12.5M | $18.4M | $23.3M | |
| EBT. Incl. Unusual Items | -- | -- | -$4.8M | -$14.2M | -$30.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | $430.2K | $316K | $580K | |
| Net Income to Company | -- | -$2.9M | -$5.4M | -$1.5M | -$31.2M | |
| Minority Interest in Earnings | -- | -- | $909.7K | $424K | -$9M | |
| Net Income to Common Excl Extra Items | -- | -- | -$4.5M | -$1.1M | -$31.2M | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.30 | -$0.07 | -$1.29 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.30 | -$0.07 | -$1.29 | |
| Weighted Average Basic Share | -- | -- | $15M | $15M | $17.3M | |
| Weighted Average Diluted Share | -- | -- | $15M | $15M | $17.3M | |
| EBITDA | -- | -- | $30M | $30.4M | $42.4M | |
| EBIT | -- | -- | $7.6M | $4.2M | $13.4M | |
| Revenue (Reported) | -- | -- | $39.9M | $48.3M | $59.9M | |
| Operating Income (Reported) | -- | -- | $7.8M | $3.9M | $13.4M | |
| Operating Income (Adjusted) | -- | -- | $7.6M | $4.2M | $13.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $11.6M | $14.5M | $16.8M | |
| Revenue Growth (YoY) | -- | -- | -- | 25.05% | -- | |
| Cost of Revenues | -- | -- | $2.7M | $9.1M | $9.6M | |
| Gross Profit | -- | -- | $8.9M | $5.4M | $7.2M | |
| Gross Profit Margin | -- | -- | 76.37% | 37.27% | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | $2.9M | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | $9.1M | $2.8M | $3.1M | |
| Operating Income | -- | -- | -$229K | $2.6M | $4.1M | |
| Net Interest Expenses | -- | -- | $4.6M | $4.3M | -- | |
| EBT. Incl. Unusual Items | -- | -- | -$4.8M | -$1.7M | $5.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | $48K | $63K | $52K | |
| Net Income to Company | -- | -$3.3M | -$10M | -$20M | $5.5M | |
| Minority Interest in Earnings | -- | -- | $1.3M | -$745K | $1.5M | |
| Net Income to Common Excl Extra Items | -- | -- | -$3.6M | -$1.8M | $5.5M | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.24 | -$0.06 | $0.19 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.24 | -$0.06 | $0.19 | |
| Weighted Average Basic Share | -- | -- | $15M | $16.1M | $20.7M | |
| Weighted Average Diluted Share | -- | -- | $15M | $16.1M | $20.7M | |
| EBITDA | -- | -- | $6.2M | $9.7M | $11.5M | |
| EBIT | -- | -- | -$229K | $2.6M | $4.1M | |
| Revenue (Reported) | -- | -- | $11.6M | $14.5M | $16.8M | |
| Operating Income (Reported) | -- | -- | -$229K | $2.6M | $4.1M | |
| Operating Income (Adjusted) | -- | -- | -$229K | $2.6M | $4.1M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | $55.8M | $63.8M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | $12.9M | $41.4M | |
| Gross Profit | -- | -- | -- | $11.2M | $22.4M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -$216.7K | $396K | -- | |
| Operating Expenses | -- | -- | -- | $34.2M | $11.8M | |
| Operating Income | -- | -- | -- | $8.7M | $10.6M | |
| Net Interest Expenses | -- | -- | $7.5M | $8.7M | $16.7M | |
| EBT. Incl. Unusual Items | -- | -- | -- | -$4.6M | -$28.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | $439K | $595K | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | $1.3M | -$2.1M | -$9.2M | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -$2M | -$29.1M | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -$0.14 | -$1.16 | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -$0.18 | -$0.28 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | $38.8M | $45.5M | |
| EBIT | -- | -- | -- | $9.1M | $13.5M | |
| Revenue (Reported) | -- | -- | -- | $55.8M | $63.8M | |
| Operating Income (Reported) | -- | -- | -- | $8.7M | $10.6M | |
| Operating Income (Adjusted) | -- | -- | -- | $9.1M | $13.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $23.1M | $44.4M | $50.6M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | $5.5M | $15.9M | $31.9M | |
| Gross Profit | -- | -- | $17.6M | $28.5M | $18.7M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | $5.2M | $1.4M | -- | |
| Other Inc / (Exp) | -- | -- | -$332K | -$254K | $39K | |
| Operating Expenses | -- | -- | $17M | $18.5M | $9.2M | |
| Operating Income | -- | -- | $591K | $10M | $9.4M | |
| Net Interest Expenses | -- | -- | $8.5M | $17.6M | $8.8M | |
| EBT. Incl. Unusual Items | -- | -- | -$8.2M | -$7.8M | $28K | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | $195K | $344K | $348K | |
| Net Income to Company | -- | -$3.3M | -$15M | -$26.4M | -$320K | |
| Minority Interest in Earnings | -- | -- | $2.3M | $999K | -$601K | |
| Net Income to Common Excl Extra Items | -- | -- | -$6.1M | -$6.4M | -$320K | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.41 | -$0.37 | -$0.03 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.41 | -$0.37 | -$0.03 | |
| Weighted Average Basic Share | -- | -- | $30M | $46M | $57.2M | |
| Weighted Average Diluted Share | -- | -- | $30M | $46M | $57.2M | |
| EBITDA | -- | -- | $12.4M | $32.1M | $34.1M | |
| EBIT | -- | -- | $259K | $9.8M | $9.4M | |
| Revenue (Reported) | -- | -- | $23.1M | $44.4M | $50.6M | |
| Operating Income (Reported) | -- | -- | $591K | $10M | $9.4M | |
| Operating Income (Adjusted) | -- | -- | $259K | $9.8M | $9.4M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | $31.9M | $41.1M | $11.6M | $5.1M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | $2.4M | $1.3M | $1.7M | $2M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | $2.9M | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | $42.1M | $50.9M | $29.3M | $2M | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | -- | $23M | $19.4M | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | $113.4M | $110.9M | $119.4M | $114.9M | |
| Other Long-Term Assets | -- | -- | $2.1M | $1.7M | $3.6M | |
| Total Assets | -- | $559.8M | $626.8M | $772M | $821.8M | |
| Accounts Payable | -- | $8.6M | $11.9M | $17.5M | $17.9M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | -- | $8.9M | $12.2M | $17.5M | $17.9M | |
| Long-Term Debt | -- | $270M | $281.3M | $436.5M | $296M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | $339.8M | $409.5M | $574.9M | $299.1M | |
| Common Stock | -- | -- | -- | -- | $173K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | $220M | $217.3M | $197.1M | $324.8M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | $197.9M | |
| Total Equity | -- | $220M | $217.3M | $197.1M | $522.7M | |
| Total Liabilities and Equity | -- | $559.8M | $626.8M | $772M | $821.8M | |
| Cash and Short Terms | -- | $31.9M | $41.1M | $11.6M | $5.1M | |
| Total Debt | -- | -- | $281.3M | $436.5M | $296M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | -- | $15.2M | $93.3M | $19.6M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | $1.8M | $1.4M | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | -- | $24.2M | $93.3M | $50.8M | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | -- | -- | $17M | -- | $253K | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | $107.4M | $103.1M | -- | |
| Other Long-Term Assets | -- | -- | $3.7M | $2M | -- | |
| Total Assets | -- | -- | $657.6M | $814.3M | $846.8M | |
| Accounts Payable | -- | -- | $17.8M | $15.9M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | -- | -- | $20.4M | $16.3M | $21.5M | |
| Long-Term Debt | -- | -- | $322.8M | $264.1M | $321.1M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | -- | $462.9M | $280.4M | $342.6M | |
| Common Stock | -- | -- | -- | $161K | $212K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | $241.3M | $118.9M | |
| Total Equity | -- | -- | $194.7M | $533.9M | $504.2M | |
| Total Liabilities and Equity | -- | -- | $657.6M | $814.3M | $846.8M | |
| Cash and Short Terms | -- | -- | $15.2M | $93.3M | $19.6M | |
| Total Debt | -- | -- | $322.8M | $264.1M | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$2.9M | -$5.4M | -$1.5M | -$31.2M | |
| Depreciation & Amoritzation | -- | $16.6M | $22.4M | $26.2M | $33.8M | |
| Stock-Based Compensation | -- | -- | -- | -- | $608K | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | $16.8M | $23.1M | $17.2M | $19.9M | |
| Capital Expenditures | -- | -- | -- | $83K | $21K | |
| Cash Acquisitions | -- | -- | -- | -$23.4M | $104.7M | |
| Cash From Investing | -- | -$149.2M | -$82.2M | -$93.8M | -$105.4M | |
| Dividends Paid (Ex Special Dividend) | -- | -$13.4M | -$15.7M | -$16.7M | $1.5M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $85M | $10M | $110.4M | $268.5M | |
| Long-Term Debt Repaid | -- | -$964.7K | -$964.7K | -$41.8M | -$440.4M | |
| Repurchase of Common Stock | -- | -$1.5M | -$3.1M | -$7.1M | -- | |
| Other Financing Activities | -- | $37.7M | $50.2M | -$3.1M | -$14.5M | |
| Cash From Financing | -- | $138.7M | $68.3M | $52.6M | $64.5M | |
| Beginning Cash (CF) | -- | $25.5M | $31.9M | $41.1M | $5.1M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | $6.4M | $9.2M | -$23.9M | -$12M | |
| Ending Cash (CF) | -- | $31.9M | $41.1M | $17.1M | -$6.9M | |
| Levered Free Cash Flow | -- | -- | $23.1M | $17.1M | $19.9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$3.3M | -$10M | -$20M | $5.5M | |
| Depreciation & Amoritzation | -- | $16.5M | $18.2M | $7.7M | $7.4M | |
| Stock-Based Compensation | -- | -- | -- | -- | $750K | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | $17.2M | $15.6M | $10.1M | $8.3M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -$64.1M | -$72.2M | -$597K | $18.9M | |
| Dividends Paid (Ex Special Dividend) | -- | -$11.6M | -$12.3M | -$4K | $4.4M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $79.4M | -- | -- | |
| Long-Term Debt Repaid | -- | -$723.5K | -$39.6M | -$10.2M | -- | |
| Repurchase of Common Stock | -- | -$1.4M | -$7.1M | -- | -- | |
| Other Financing Activities | -- | $17.3M | -$660K | -$3.5M | -- | |
| Cash From Financing | -- | $30.8M | $30.7M | -$13.7M | -$16M | |
| Beginning Cash (CF) | -- | $31.9M | $41.1M | $93.3M | $19.6M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -$16.2M | -$25.9M | -$4.2M | $11.2M | |
| Ending Cash (CF) | -- | $15.7M | $15.2M | $12.5M | $30.8M | |
| Levered Free Cash Flow | -- | -- | $15.6M | $10.1M | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | $21K | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -$8.1M | -$1.5M | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | $54.2M | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$3.3M | -$15M | -$26.4M | -$320K | |
| Depreciation & Amoritzation | -- | $16.5M | $29.9M | $22.9M | $24.6M | |
| Stock-Based Compensation | -- | -- | -- | -- | $1.6M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | $17.2M | $29.3M | $17.8M | $25.6M | |
| Capital Expenditures | -- | -- | -- | $21K | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -$64.1M | -$120M | $7.9M | -$32.9M | |
| Dividends Paid (Ex Special Dividend) | -- | -$11.6M | -$20.4M | -$1.5M | $12M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | $125.8M | -- | $43.5M | |
| Long-Term Debt Repaid | -- | -$723.5K | -$78.9M | -$20.9M | -- | |
| Repurchase of Common Stock | -- | -$1.4M | -$13.4M | -- | -- | |
| Other Financing Activities | -- | $17.3M | -$657K | -$8M | -$2.3M | |
| Cash From Financing | -- | $30.8M | $34.2M | -$30.4M | $21.7M | |
| Beginning Cash (CF) | -- | $31.9M | $82.2M | $123.6M | $31.3M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -$16.2M | -$56.4M | -$4.7M | $14.5M | |
| Ending Cash (CF) | -- | $15.7M | $25.7M | $42.3M | $45.8M | |
| Levered Free Cash Flow | -- | -- | $29.3M | $17.8M | $17.4M | |
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