🚀 VC round data is live in beta, check it out!
UnitedHealth Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for UnitedHealth Group and similar public comparables like Cigna Group, Elevance Health, Humana Inc., Molina Healthcare and more.
UnitedHealth Group Overview
About UnitedHealth Group
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 2024. 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 both affiliated and third-party customers.
Founded
1977
HQ
Employees
400.0K
Website
Financials (LTM)
EV
$317B
UnitedHealth Group Financials
UnitedHealth Group reported last 12-month revenue of $446B and EBITDA of $27B.
In the same LTM period, UnitedHealth Group generated $395B in gross profit, $27B in EBITDA, and $13B in net income.
Revenue (LTM)
UnitedHealth Group P&L
In the most recent fiscal year, UnitedHealth Group reported revenue of $448B and EBITDA of $26B.
UnitedHealth Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $446B | XXX | $448B | XXX | XXX | XXX |
| Gross Profit | $395B | XXX | $83B | XXX | XXX | XXX |
| Gross Margin | 89% | XXX | 19% | XXX | XXX | XXX |
| EBITDA | $27B | XXX | $26B | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | $13B | XXX | $12B | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | — | — | $54B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
UnitedHealth Group Stock Performance
UnitedHealth Group has current market cap of $267B, and enterprise value of $317B.
Market Cap Evolution
UnitedHealth Group's stock price is $294.93.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $317B | $267B | 0.0% | XXX | XXX | XXX | $13.31 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialUnitedHealth Group Valuation Multiples
UnitedHealth Group trades at 0.7x EV/Revenue multiple, and 11.9x EV/EBITDA.
EV / Revenue (LTM)
UnitedHealth Group Financial Valuation Multiples
As of April 3, 2026, UnitedHealth Group has market cap of $267B and EV of $317B.
Equity research analysts estimate UnitedHealth Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
UnitedHealth Group has a P/E ratio of 20.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $267B | XXX | $267B | XXX | XXX | XXX |
| EV (current) | $317B | XXX | $317B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 11.9x | XXX | 12.1x | XXX | XXX | XXX |
| EV/EBIT | 14.3x | XXX | 14.6x | XXX | XXX | XXX |
| EV/Gross Profit | 0.8x | XXX | 3.8x | XXX | XXX | XXX |
| P/E | 20.6x | XXX | 22.2x | XXX | XXX | XXX |
| EV/FCF | 19.0x | XXX | 18.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified UnitedHealth Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
UnitedHealth Group Margins & Growth Rates
UnitedHealth Group's revenue in the last 12 month declined by (0%).
UnitedHealth Group's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.2M for the same period.
UnitedHealth Group's rule of 40 is 5% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
UnitedHealth Group's rule of X is 3% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
UnitedHealth Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (0%) | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 5% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 3% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
UnitedHealth Group Public Comps
See public comps and valuation multiples for other Managed Care and Health Benefits & Financial Solutions comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cigna Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Elevance Health | XXX | XXX | XXX | XXX | XXX | XXX |
| Humana Inc. | XXX | XXX | XXX | XXX | XXX | XXX |
| Molina Healthcare | XXX | XXX | XXX | XXX | XXX | XXX |
| Fortis Healthcare | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
UnitedHealth Group M&A Activity
UnitedHealth Group acquired XXX companies to date.
Last acquisition by UnitedHealth Group was on XXXXXXXX, XXXXX. UnitedHealth Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by UnitedHealth Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialUnitedHealth Group Investment Activity
UnitedHealth Group invested in XXX companies to date.
UnitedHealth Group made its latest investment on XXXXXXXX, XXXXX. UnitedHealth Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by UnitedHealth Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout UnitedHealth Group
| When was UnitedHealth Group founded? | UnitedHealth Group was founded in 1977. |
| Where is UnitedHealth Group headquartered? | UnitedHealth Group is headquartered in United States. |
| How many employees does UnitedHealth Group have? | As of today, UnitedHealth Group has over 400K employees. |
| Who is the CEO of UnitedHealth Group? | UnitedHealth Group's CEO is Stephen J. Hemsley. |
| Is UnitedHealth Group publicly listed? | Yes, UnitedHealth Group is a public company listed on NYSE. |
| What is the stock symbol of UnitedHealth Group? | UnitedHealth Group trades under UNH ticker. |
| When did UnitedHealth Group go public? | UnitedHealth Group went public in 1984. |
| Who are competitors of UnitedHealth Group? | UnitedHealth Group main competitors are Cigna Group, Elevance Health, Humana Inc., Molina Healthcare. |
| What is the current market cap of UnitedHealth Group? | UnitedHealth Group's current market cap is $267B. |
| What is the current revenue of UnitedHealth Group? | UnitedHealth Group's last 12 months revenue is $446B. |
| What is the current revenue growth of UnitedHealth Group? | UnitedHealth Group revenue growth (NTM/LTM) is (0%). |
| What is the current EV/Revenue multiple of UnitedHealth Group? | Current revenue multiple of UnitedHealth Group is 0.7x. |
| Is UnitedHealth Group profitable? | Yes, UnitedHealth Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of UnitedHealth Group? | UnitedHealth Group's last 12 months EBITDA is $27B. |
| What is UnitedHealth Group's EBITDA margin? | UnitedHealth Group's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of UnitedHealth Group? | Current EBITDA multiple of UnitedHealth Group is 11.9x. |
| What is the current FCF of UnitedHealth Group? | UnitedHealth Group's last 12 months FCF is $17B. |
| What is UnitedHealth Group's FCF margin? | UnitedHealth Group's last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of UnitedHealth Group? | Current FCF multiple of UnitedHealth Group is 19.0x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.