UnitedHealth Group (LIM:UNH) Asset Turnover: 0.36 (As of Mar. 2026)


LIM:UNH UnitedHealth Group Inc LIM:UNH
69 GF Score
Price $424.60
GF Value $611.06
Valuation Significantly Undervalued
! 10 Warning Signs
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What is UnitedHealth Group Asset Turnover?

UnitedHealth Group LIM:UNH +2.31% 69 Asset Turnover is 0.36 as of Mar. 2026. GuruFocus rates LIM:UNH with a GF Score™ of 69/100 and a GF Value™ of $611.06 (Significantly Undervalued). The stock has 10 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. UnitedHealth Group's Revenue for the three months ended in Mar. 2026 was $111,721 Mil. UnitedHealth Group's Total Assets for the quarter that ended in Mar. 2026 was $311,113 Mil. Therefore, UnitedHealth Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. UnitedHealth Group's annualized ROE % for the quarter that ended in Mar. 2026 was 26.17%. It is also linked to ROA % through Du Pont Formula. UnitedHealth Group's annualized ROA % for the quarter that ended in Mar. 2026 was 8.07%.


UnitedHealth Group  (LIM:UNH) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

UnitedHealth Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=25120/95995.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25120 / 446884)*(446884 / 311112.5)*(311112.5/ 95995.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.62 %*1.4364*3.2409
=ROA %*Equity Multiplier
=8.07 %*3.2409
=26.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

UnitedHealth Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=25120/311112.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25120 / 446884)*(446884 / 311112.5)
=Net Margin %*Asset Turnover
=5.62 %*1.4364
=8.07 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


UnitedHealth Group Asset Turnover Related Terms


UnitedHealth Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for UnitedHealth Group's Asset Turnover 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 Asset Turnover Chart

UnitedHealth Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.42 1.43 1.40 1.47

UnitedHealth Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.36 0.36 0.36 0.36 0.36

LIM:UNH vs CVS, ELV, CI: Asset Turnover Comparison

For the Healthcare Plans subindustry, UnitedHealth Group's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UnitedHealth Group Asset Turnover vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, UnitedHealth Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where UnitedHealth Group's Asset Turnover falls into.


LIM:UNH
69GF Score
UnitedHealth Group Inc LIM:UNH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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UnitedHealth Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

UnitedHealth Group's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=447567/( (298278+309581)/ 2 )
=447567/303929.5
=1.47

UnitedHealth Group's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=111721/( (309581+312644)/ 2 )
=111721/311112.5
=0.36

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.36 mean?
UnitedHealth Group (LIM:UNH) has a Asset Turnover of 0.36 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on UnitedHealth Group and its competitors.
Is UnitedHealth Group's Asset Turnover too high?
UnitedHealth Group's current Asset Turnover is 0.36. Overall, UnitedHealth Group has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UnitedHealth Group's Asset Turnover compare to CVS and ELV?
UnitedHealth Group's Asset Turnover of 0.36 can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Healthcare Plans company?
A good Asset Turnover depends on the Healthcare Plans industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on UnitedHealth Group and its competitors. UnitedHealth Group's current Asset Turnover is 0.36. 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 $611.06, compared to a current price of $424.60 — trading 30.5% below its estimated fair value. The current Asset Turnover is 0.36. UnitedHealth Group's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For UnitedHealth Group (LIM:UNH), the current Asset Turnover is 0.36 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 $424.60 is trading 30.5% below its estimated GF Value™ of $611.06. GuruFocus considers UnitedHealth Group to be Significantly Undervalued.

Key valuation signals for LIM:UNH:

  • Asset Turnover: 0.36
  • GF Value™: $611.06 vs. price of $424.60 (30.5% below fair value)
  • GF Score™: 69/100 with 10 warning signs

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.
69GF Score

Get the complete analysis for LIM:UNH

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

$424.60
Price
$611.06
GF Value