UnitedHealth Group (LIM:UNH) ROCE %: 18.14% (As of Mar. 2026)


LIM:UNH UnitedHealth Group Inc LIM:UNH
66 GF Score
Price $415.00
GF Value $603.41
Valuation Significantly Undervalued
! 10 Warning Signs
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What is UnitedHealth Group ROCE %?

UnitedHealth Group LIM:UNH +2.98% 66 ROCE % is 18.14% as of Mar. 2026. GuruFocus rates LIM:UNH with a GF Score™ of 66/100 and a GF Value™ of $603.41 (Significantly Undervalued). The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. UnitedHealth Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.14%.

UnitedHealth Group  (LIM:UNH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

UnitedHealth Group ROCE % Related Terms

UnitedHealth Group ROCE % Historical Data

* Premium members only.

The historical data trend for UnitedHealth Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

UnitedHealth Group ROCE % Chart

UnitedHealth Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.53 19.58 19.54 12.99 9.61

UnitedHealth Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.64 10.37 8.52 0.52 18.14
LIM:UNH
66GF Score
UnitedHealth Group Inc LIM:UNH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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UnitedHealth Group ROCE % Calculation

UnitedHealth Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=18699/( ( (298278 - 103769) + (309581 - 114897) )/ 2 )
=18699/( (194509+194684)/ 2 )
=18699/194596.5
=9.61 %

UnitedHealth Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=35672/( ( (309581 - 114897) + (312644 - 114124) )/ 2 )
=35672/( ( 194684 + 198520 )/ 2 )
=35672/196602
=18.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 18.14% mean?
UnitedHealth Group (LIM:UNH) has a ROCE % of 18.14% as of Mar. 2026.
Is UnitedHealth Group's ROCE % too high?
UnitedHealth Group's current ROCE % is 18.14%. The Healthcare Plans industry median ROCE % is 9.38. UnitedHealth Group's value of 18.14% is 93.4% above this industry median. Overall, UnitedHealth Group has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UnitedHealth Group's ROCE % compare to CVS and ELV?
UnitedHealth Group's ROCE % of 18.14% can be compared against companies in the Healthcare Plans industry. The industry median ROCE % is 9.38. UnitedHealth Group's value of 18.14% is 93.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Healthcare Plans company?
The median ROCE % among Healthcare Plans companies is 9.38, based on 15 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UnitedHealth Group's current ROCE % of 18.14% is 93.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Healthcare Plans industry, the median ROCE % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UnitedHealth Group's current ROCE % is 18.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UnitedHealth Group stock overvalued right now?
Based on GuruFocus' analysis, UnitedHealth Group (LIM:UNH) is currently considered Significantly Undervalued. The stock's GF Value™ is $603.41, compared to a current price of $415.00 — trading 31.2% below its estimated fair value. The current ROCE % is 18.14% and 93.4% above the Healthcare Plans industry median of 9.38. UnitedHealth Group's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For UnitedHealth Group (LIM:UNH), the current ROCE % is 18.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is UnitedHealth Group (LIM:UNH) Overvalued in 2026?

Based on GuruFocus' analysis, UnitedHealth Group stock appears to be undervalued. The current stock price of $415.00 is trading 31.2% below its estimated GF Value™ of $603.41. GuruFocus considers UnitedHealth Group to be Significantly Undervalued.

Key valuation signals for LIM:UNH:

  • ROCE %: 18.14%
  • GF Value™: $603.41 vs. price of $415.00 (31.2% below fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 93.4% above the Healthcare Plans median

No single metric tells the full story. See the LIM:UNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

UnitedHealth Group Business Description

Address 1 Health Drive, Eden Prairie, MN, USA, 55344
UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2025. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to affiliates and third parties.
66GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$415.00
Price
$603.41
GF Value