Will UnitedHealth Stock Recover?
Shares of embattled health insurance giant UnitedHealth (NYSE:UNH) plummeted by…
| Period Ending | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | |
|---|---|---|---|---|---|---|
| Revenue | $292M | $369.2M | $388.1M | $498.8M | $535.9M | |
| Revenue Growth (YoY) | -10.6% | 26.46% | 5.11% | 28.52% | 7.44% | |
| Cost of Revenues | $171.5M | $208M | $233M | $307.9M | $328M | |
| Gross Profit | $120.5M | $161.2M | $155.1M | $190.9M | $207.9M | |
| Gross Profit Margin | 41.28% | 43.67% | 39.96% | 38.28% | 38.8% | |
| R&D Expenses | $1.3M | $1.8M | $1.7M | $1.9M | $2M | |
| Selling, General & Admin | $95.7M | $105.3M | $102.8M | $129.8M | $143.5M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $78.2M | $103.8M | $101.3M | $128.4M | $133.2M | |
| Operating Income | $42.3M | $57.5M | $53.8M | $62.5M | $74.7M | |
| Net Interest Expenses | $643.1K | $412.4K | $366.6K | $249.4K | $637.4K | |
| EBT. Incl. Unusual Items | $33.6M | $58.1M | $54.3M | $64M | $67.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $8.9M | $19.8M | $12.8M | $16M | $17.2M | |
| Net Income to Company | $33.4M | $58M | $54.3M | $64M | $67.8M | |
| Minority Interest in Earnings | -- | -$137.5K | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $24.6M | $38.2M | $41.4M | $48M | $50.6M | |
| Basic EPS (Cont. Ops) | $0.22 | $0.34 | $0.37 | $0.43 | $0.46 | |
| Diluted EPS (Cont. Ops) | $0.22 | $0.34 | $0.37 | $0.43 | $0.45 | |
| Weighted Average Basic Share | $111.2M | $111.2M | $111.3M | $111.3M | $110.9M | |
| Weighted Average Diluted Share | $111.3M | $111.8M | $112.2M | $112.4M | $112.1M | |
| EBITDA | $58.9M | $72.9M | $67.2M | $77.8M | $90.2M | |
| EBIT | $42.3M | $57.5M | $53.8M | $62.5M | $74.7M | |
| Revenue (Reported) | $292M | $369.2M | $388.1M | $498.8M | $535.9M | |
| Operating Income (Reported) | $42.3M | $57.5M | $53.8M | $62.5M | $74.7M | |
| Operating Income (Adjusted) | $42.3M | $57.5M | $53.8M | $62.5M | $74.7M | |
| Period Ending | 2022-02-13 | 2023-02-13 | 2024-02-13 | 2025-02-13 | ||
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | |
|---|---|---|---|---|---|---|
| Revenue | $338.6M | $381.7M | $449.8M | $517.6M | $555.7M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $193.2M | $217.6M | $283.2M | $312.4M | $333.8M | |
| Gross Profit | $145.4M | $164M | $166.6M | $205.2M | $221.8M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $94.6M | $108.7M | $112.3M | $147M | $143.1M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $91.3M | $107.4M | $110.8M | $143.6M | $140.4M | |
| Operating Income | $54.1M | $56.6M | $55.7M | $61.6M | $81.4M | |
| Net Interest Expenses | $674.7K | $398.7K | $360K | $378.5K | $516.2K | |
| EBT. Incl. Unusual Items | $61.6M | $55.8M | $57.7M | $60.9M | $82.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $19.1M | $10.5M | $16.3M | $15.4M | $19.5M | |
| Net Income to Company | $61.6M | $55.6M | $57.8M | $60.9M | $83M | |
| Minority Interest in Earnings | -- | -$389.9K | $235.6K | -- | -$263.4K | |
| Net Income to Common Excl Extra Items | $42.5M | $45M | $41.4M | $45.6M | $63.1M | |
| Basic EPS (Cont. Ops) | $0.38 | $0.41 | $0.37 | $0.41 | $0.57 | |
| Diluted EPS (Cont. Ops) | $0.38 | $0.41 | $0.37 | $0.41 | $0.56 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $71.4M | $70.9M | $69.6M | $77.5M | $97M | |
| EBIT | $54.1M | $56.6M | $55.7M | $61.6M | $81.4M | |
| Revenue (Reported) | $338.6M | $381.7M | $449.8M | $517.6M | $555.7M | |
| Operating Income (Reported) | $54.1M | $56.6M | $55.7M | $61.6M | $81.4M | |
| Operating Income (Adjusted) | $54.1M | $56.6M | $55.7M | $61.6M | $81.4M | |
| Period Ending | 2022-02-13 | 2023-02-13 | 2024-02-13 | 2025-02-13 | 2026-02-13 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $72.6M | $92.2M | $66M | $68.3M | $79.4M | |
| Short Term Investments | -- | -- | $49.4M | $25.4M | $53.9M | |
| Accounts Receivable, Net | $48.9M | $55.8M | $68.7M | $76.2M | $91.1M | |
| Inventory | $26.5M | $32.5M | $42.7M | $46.5M | $39.4M | |
| Prepaid Expenses | $2.7M | $3.6M | $5.7M | $5.1M | $4.3M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $152.3M | $184.5M | $183.2M | $196M | $216.1M | |
| Property Plant And Equipment | $135.8M | $131.5M | $132.8M | $145.4M | $152.8M | |
| Long-Term Investments | $2.5M | $3M | $2.7M | -- | -- | |
| Goodwill | $48.5M | $48.8M | $47.3M | $52.8M | $51.7M | |
| Other Intangibles | $75.5M | $83.4M | $96.2M | $112.7M | $108.8M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $414.8M | $451.2M | $464.7M | $511.5M | $537.9M | |
| Accounts Payable | $10M | $21.2M | $45.8M | $46M | $40.3M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $1.5M | $1.7M | $1.9M | $2.3M | $2.2M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $67.8M | $77.5M | $93.7M | $93.7M | $94.9M | |
| Long-Term Debt | $1.9M | $3.8M | $4.4M | $3.9M | $3.5M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $100.7M | $118.2M | $133.8M | $138.8M | $143.3M | |
| Common Stock | $6.5M | $6.3M | $5.8M | $6M | $5.8M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $314.2M | $328M | $330.9M | $372.7M | $394.6M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | $5M | -- | -- | -- | |
| Total Equity | $314.2M | $333M | $330.9M | $372.7M | $394.6M | |
| Total Liabilities and Equity | $414.8M | $451.2M | $464.7M | $511.5M | $537.9M | |
| Cash and Short Terms | $72.6M | $92.2M | $66M | $68.3M | $79.4M | |
| Total Debt | $3.4M | $5.5M | $6.3M | $6.2M | $5.7M | |
| Period Ending | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $91.2M | $74.6M | $60.8M | $22.2M | -- | |
| Short Term Investments | -- | -- | -- | $41.7M | -- | |
| Accounts Receivable, Net | $83M | $83.4M | $120.7M | $120.8M | -- | |
| Inventory | $24.7M | $29.2M | $46.3M | $45.7M | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $199.1M | $188M | $227.8M | $233.4M | -- | |
| Property Plant And Equipment | $132.8M | $122.2M | $138M | $144.3M | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $459.2M | $431.9M | $518.5M | $552.3M | -- | |
| Accounts Payable | $78.5M | $77.3M | $116.6M | $111.5M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $1.4M | $1.3M | $2.1M | $2.2M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $82.4M | $80M | $120.8M | $124.8M | -- | |
| Long-Term Debt | -- | $243.5K | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $116.9M | $118.2M | $161.9M | $170.6M | -- | |
| Common Stock | $6.5M | $5.7M | $6M | $6M | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | $4.3M | -- | -- | -- | |
| Total Equity | $342.3M | $313.7M | $356.5M | $381.7M | -- | |
| Total Liabilities and Equity | $459.2M | $431.9M | $518.5M | $552.3M | -- | |
| Cash and Short Terms | $91.2M | $74.6M | $60.8M | $63.9M | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $33.4M | $58M | $54.3M | $64M | $67.8M | |
| Depreciation & Amoritzation | $16.6M | $15.4M | $13.4M | $15.3M | $15.6M | |
| Stock-Based Compensation | $900.3K | $1.6M | $2.4M | $2.6M | $3.1M | |
| Change in Accounts Receivable | $25.5M | -$7.7M | -$9.3M | -$4.2M | -$16.6M | |
| Change in Inventories | -$1.5M | -$5.9M | -$5.5M | -$2.2M | $6.1M | |
| Cash From Operations | $64.8M | $59.5M | $43.7M | $62.1M | $63.1M | |
| Capital Expenditures | $9.1M | $6.9M | $17.8M | $22.2M | $24.5M | |
| Cash Acquisitions | -- | $7M | $26.9M | $15.3M | -- | |
| Cash From Investing | -$10.3M | -$12.4M | -$91.6M | -$11.8M | -$51.9M | |
| Dividends Paid (Ex Special Dividend) | -- | $18.4M | $17M | $18.3M | $21.9M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $77.3M | -- | -- | $6.2M | -- | |
| Long-Term Debt Repaid | -$77.3M | -$687.5K | -$368.1K | -$7.1M | -- | |
| Repurchase of Common Stock | $128.6K | $274.9K | $855.4K | $4.5M | $3.4M | |
| Other Financing Activities | -- | -- | -$4.2M | -- | -- | |
| Cash From Financing | -$4.2M | -$21.4M | -$20.3M | -$24.4M | -$26.8M | |
| Beginning Cash (CF) | $72.6M | $92.2M | $16.7M | $42.8M | $26.6M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $50.3M | $25.7M | -$68.2M | $25.8M | -$15.6M | |
| Ending Cash (CF) | $122.9M | $117.9M | -$51.4M | $68.6M | $11M | |
| Levered Free Cash Flow | $55.7M | $52.6M | $25.9M | $39.9M | $38.6M | |
| Period Ending | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | $135.9K | -- | -- | -- | -- | |
| 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 | -- | -- | -- | -- | -- | |
| Period Ending | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $61.6M | $55.6M | $57.8M | $60.9M | $83M | |
| Depreciation & Amoritzation | $17.3M | $14.3M | $13.8M | $15.9M | $15.7M | |
| Stock-Based Compensation | $1.6M | $2.4M | $2.4M | $3.2M | $2.9M | |
| Change in Accounts Receivable | -$8.4M | -$8.3M | -$22.1M | -$774.6K | -$25.5M | |
| Change in Inventories | $633.6K | -$7.6M | -$7.2M | $515.7K | -$1.3M | |
| Cash From Operations | $58.3M | $50.5M | $48.9M | $59M | $68.6M | |
| Capital Expenditures | $7.6M | $13.8M | $17M | $23.5M | $29.7M | |
| Cash Acquisitions | -- | $6.9M | $25.9M | $15.4M | $11.3M | |
| Cash From Investing | -$7.3M | -$20.5M | -$38.7M | -$78.7M | -$13.8M | |
| Dividends Paid (Ex Special Dividend) | -- | $32.3M | $18M | $21.1M | $24.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $6.3M | -- | -- | |
| Long-Term Debt Repaid | -$80.6M | -$794.3K | -$7.5M | -- | -- | |
| Repurchase of Common Stock | $139.1K | $135.9K | $4.1M | $3.7M | $7.5M | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$82.6M | -$35.2M | -$24.4M | -$25.8M | -$35.6M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$31.7M | -$5.2M | -$14.2M | -$45.5M | $19.2M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $50.6M | $36.7M | $31.9M | $35.5M | $38.9M | |
| Period Ending | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | $135.9K | -- | -- | -- | -- | |
| 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 | -- | -- | -- | -- | -- | |
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