UnitedHealth Net Income vs Gross Profit Analysis

UNH Stock

USD 493.18 14.19 2.96%

UnitedHealth Group financial indicator trend analysis is much more than just breaking down UnitedHealth Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UnitedHealth Group is a good investment. Please check the relationship between UnitedHealth Group Net Income and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UnitedHealth Group Net Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between UnitedHealth Group's Net Income and Gross Profit is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of UnitedHealth Group Incorporated, assuming nothing else is changed. The correlation between historical values of UnitedHealth Group's Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of UnitedHealth Group Incorporated are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., UnitedHealth Group's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in UnitedHealth Group financial statement analysis. It represents the amount of money remaining after all of UnitedHealth Group Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of UnitedHealth Group Incorporated minus its cost of goods sold. It is profit before UnitedHealth Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from UnitedHealth Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UnitedHealth Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

As of now, UnitedHealth Group's Selling General Administrative is increasing as compared to previous years. The UnitedHealth Group's current Sales General And Administrative To Revenue is estimated to increase to 0.19, while Tax Provision is projected to decrease to under 5 B.

	2021	2022	2023	2024 (projected)
Total Revenue	285.3B	322.1B	371.6B	390.2B
Depreciation And Amortization	779M	1.4B	4.0B	4.2B

Total Revenue Depreciation And Amortization

UnitedHealth Group fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Intangible Assets	Other Current Liab	Short Term Debt	Accounts Payable	Short Term Investments	Common Stock	Good Will	Common Stock Total Equity
Total Assets		1.0	0.99	0.98	0.96	1.0	0.97	1.0	0.39	0.97	0.9	0.47	1.0	0.81	0.9	1.0	1.0	0.99	0.97	0.99	0.56	0.99	0.84	0.38	1.0	0.39
Total Current Liabilities	1.0		0.99	0.98	0.96	0.99	0.97	1.0	0.4	0.97	0.89	0.46	1.0	0.79	0.89	1.0	1.0	0.99	0.98	0.99	0.6	0.99	0.83	0.39	1.0	0.4
Total Stockholder Equity	0.99	0.99		0.98	0.93	1.0	0.96	0.99	0.43	0.97	0.87	0.51	0.99	0.77	0.9	0.99	0.99	0.97	0.95	0.99	0.5	0.99	0.85	0.42	0.99	0.44
Property Plant And Equipment Net	0.98	0.98	0.98		0.97	0.98	0.91	0.99	0.4	0.92	0.86	0.49	0.98	0.74	0.89	0.98	0.96	0.97	0.97	0.97	0.55	0.99	0.86	0.43	0.98	0.44
Net Debt	0.96	0.96	0.93	0.97		0.94	0.88	0.96	0.31	0.89	0.89	0.4	0.97	0.77	0.86	0.97	0.94	0.98	0.99	0.94	0.67	0.96	0.81	0.32	0.97	0.34
Retained Earnings	1.0	0.99	1.0	0.98	0.94		0.97	1.0	0.4	0.97	0.89	0.49	0.99	0.8	0.9	0.99	0.99	0.98	0.96	0.99	0.52	0.99	0.84	0.41	0.99	0.42
Cash	0.97	0.97	0.96	0.91	0.88	0.97		0.96	0.32	1.0	0.88	0.48	0.96	0.83	0.86	0.97	0.98	0.95	0.92	0.97	0.53	0.96	0.8	0.39	0.96	0.4
Non Current Assets Total	1.0	1.0	0.99	0.99	0.96	1.0	0.96		0.39	0.97	0.9	0.47	1.0	0.8	0.9	1.0	0.99	0.99	0.98	0.99	0.56	1.0	0.84	0.39	1.0	0.4
Non Currrent Assets Other	0.39	0.4	0.43	0.4	0.31	0.4	0.32	0.39		0.3	0.14	0.05	0.37	0.06	0.46	0.38	0.37	0.32	0.31	0.42	0.2	0.35	0.08	0.13	0.35	0.13
Cash And Short Term Investments	0.97	0.97	0.97	0.92	0.89	0.97	1.0	0.97	0.3		0.88	0.52	0.97	0.82	0.86	0.97	0.99	0.96	0.93	0.97	0.53	0.97	0.85	0.42	0.97	0.43
Net Receivables	0.9	0.89	0.87	0.86	0.89	0.89	0.88	0.9	0.14	0.88		0.33	0.91	0.97	0.82	0.9	0.91	0.92	0.87	0.89	0.51	0.89	0.73	0.18	0.91	0.19
Common Stock Shares Outstanding	0.47	0.46	0.51	0.49	0.4	0.49	0.48	0.47	0.05	0.52	0.33		0.44	0.36	0.22	0.45	0.46	0.44	0.45	0.4	0.39	0.53	0.66	0.88	0.47	0.89
Non Current Liabilities Total	1.0	1.0	0.99	0.98	0.97	0.99	0.96	1.0	0.37	0.97	0.91	0.44		0.82	0.9	1.0	0.99	0.99	0.98	0.99	0.57	0.99	0.83	0.35	1.0	0.36
Other Current Assets	0.81	0.79	0.77	0.74	0.77	0.8	0.83	0.8	0.06	0.82	0.97	0.36	0.82		0.71	0.81	0.82	0.82	0.75	0.79	0.45	0.79	0.64	0.17	0.81	0.19
Other Stockholder Equity	0.9	0.89	0.9	0.89	0.86	0.9	0.86	0.9	0.46	0.86	0.82	0.22	0.9	0.71		0.9	0.89	0.88	0.88	0.91	0.35	0.88	0.76	0.11	0.9	0.12
Total Liab	1.0	1.0	0.99	0.98	0.97	0.99	0.97	1.0	0.38	0.97	0.9	0.45	1.0	0.81	0.9		1.0	0.99	0.98	0.99	0.59	0.99	0.83	0.37	1.0	0.38
Total Current Assets	1.0	1.0	0.99	0.96	0.94	0.99	0.98	0.99	0.37	0.99	0.91	0.46	0.99	0.82	0.89	1.0		0.99	0.96	1.0	0.56	0.99	0.82	0.37	0.99	0.38
Short Long Term Debt Total	0.99	0.99	0.97	0.97	0.98	0.98	0.95	0.99	0.32	0.96	0.92	0.44	0.99	0.82	0.88	0.99	0.99		0.99	0.98	0.64	0.99	0.83	0.36	0.99	0.37
Intangible Assets	0.97	0.98	0.95	0.97	0.99	0.96	0.92	0.98	0.31	0.93	0.87	0.45	0.98	0.75	0.88	0.98	0.96	0.99		0.96	0.66	0.98	0.86	0.37	0.98	0.39
Other Current Liab	0.99	0.99	0.99	0.97	0.94	0.99	0.97	0.99	0.42	0.97	0.89	0.4	0.99	0.79	0.91	0.99	1.0	0.98	0.96		0.53	0.98	0.8	0.32	0.99	0.33
Short Term Debt	0.56	0.6	0.5	0.55	0.67	0.52	0.53	0.56	0.2	0.53	0.51	0.39	0.57	0.45	0.35	0.59	0.56	0.64	0.66	0.53		0.57	0.44	0.42	0.57	0.42
Accounts Payable	0.99	0.99	0.99	0.99	0.96	0.99	0.96	1.0	0.35	0.97	0.89	0.53	0.99	0.79	0.88	0.99	0.99	0.99	0.98	0.98	0.57		0.87	0.44	1.0	0.45
Short Term Investments	0.84	0.83	0.85	0.86	0.81	0.84	0.8	0.84	0.08	0.85	0.73	0.66	0.83	0.64	0.76	0.83	0.82	0.83	0.86	0.8	0.44	0.87		0.55	0.85	0.56
Common Stock	0.38	0.39	0.42	0.43	0.32	0.41	0.39	0.39	0.13	0.42	0.18	0.88	0.35	0.17	0.11	0.37	0.37	0.36	0.37	0.32	0.42	0.44	0.55		0.38	1.0
Good Will	1.0	1.0	0.99	0.98	0.97	0.99	0.96	1.0	0.35	0.97	0.91	0.47	1.0	0.81	0.9	1.0	0.99	0.99	0.98	0.99	0.57	1.0	0.85	0.38		0.39
Common Stock Total Equity	0.39	0.4	0.44	0.44	0.34	0.42	0.4	0.4	0.13	0.43	0.19	0.89	0.36	0.19	0.12	0.38	0.38	0.37	0.39	0.33	0.42	0.45	0.56	1.0	0.39

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UnitedHealth Group Account Relationship Matchups

High Positive Relationship

Total Current Liabilities	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

High Negative Relationship

Not Found

UnitedHealth Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	173.9B	197.3B	212.2B	245.7B	278.4B	292.3B
Total Current Liabilities	61.8B	72.4B	78.3B	89.2B	99.1B	104.0B
Total Stockholder Equity	60.4B	68.3B	75.0B	81.5B	88.8B	93.2B
Property Plant And Equipment Net	8.7B	8.6B	9.0B	10.1B	11.5B	12.0B
Net Debt	29.7B	26.5B	24.6B	34.3B	42.0B	44.1B
Retained Earnings	61.2B	69.3B	77.1B	86.2B	95.8B	100.6B
Cash	11.0B	16.9B	21.4B	23.4B	25.4B	26.7B
Non Current Assets Total	131.3B	143.6B	150.4B	176.6B	200.0B	210.0B
Non Currrent Assets Other	94.0B	102.3B	107.3B	12.3B	17.3B	10.9B
Cash And Short Term Investments	14.2B	19.8B	23.9B	27.9B	29.6B	31.1B
Net Receivables	11.8B	12.9B	14.2B	17.7B	39.0B	40.9B
Common Stock Shares Outstanding	966M	961M	956M	950M	938M	1.2B
Liabilities And Stockholders Equity	173.9B	197.3B	212.2B	245.7B	278.4B	292.3B
Non Current Liabilities Total	49.9B	54.3B	57.4B	70.1B	80.4B	84.5B
Other Current Assets	16.6B	21.1B	23.6B	23.5B	78.4B	82.4B
Other Stockholder Equity	2.8B	2.8B	3.3B	3.7B	4.2B	4.4B
Total Liab	111.7B	126.8B	135.7B	159.4B	179.5B	188.5B
Total Current Assets	42.6B	53.7B	61.8B	69.1B	78.4B	82.4B
Short Long Term Debt Total	40.7B	43.5B	46.0B	57.6B	67.4B	70.8B
Intangible Assets	10.3B	10.9B	10.0B	14.4B	15.2B	16.0B
Other Current Liab	33.6B	42.9B	47.6B	54.0B	58.4B	61.4B
Short Term Debt	3.9B	4.8B	3.6B	3.1B	5.3B	5.6B
Accounts Payable	21.7B	21.9B	24.5B	29.1B	32.0B	33.6B
Short Term Investments	3.3B	2.9B	2.5B	4.5B	4.2B	4.4B
Accumulated Other Comprehensive Income	(3.6B)	(3.8B)	(5.4B)	(8.4B)	(7.0B)	(6.7B)
Good Will	65.7B	71.3B	75.8B	93.4B	103.7B	108.9B
Property Plant And Equipment Gross	8.7B	8.6B	15.0B	17.1B	18.5B	19.4B
Other Liab	10.0B	15.7B	15.1B	11.8B	13.5B	14.2B
Other Assets	13.8B	52.8B	107.3B	20.7B	23.8B	13.1B
Long Term Debt	36.8B	38.6B	42.4B	54.5B	58.3B	61.2B
Property Plant Equipment	8.7B	8.6B	9.0B	10.1B	11.6B	12.2B
Current Deferred Revenue	2.6B	2.8B	2.6B	3.1B	3.4B	2.5B
Net Tangible Assets	(16.7B)	(14.5B)	75.0B	(25.1B)	(28.8B)	(27.4B)
Noncontrolling Interest In Consolidated Entity	2.8B	2.8B	3.3B	3.7B	4.2B	4.4B
Retained Earnings Total Equity	61.2B	69.3B	77.1B	86.2B	99.1B	51.1B
Long Term Debt Total	36.8B	38.6B	42.4B	54.5B	62.7B	65.8B

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When determining whether UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:

How To Invest In UnitedHealth

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Is UnitedHealth Stock a good investment?

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What is UnitedHealth Group's Net Worth?

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Largest Health Care Providers & Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running UnitedHealth Group's price analysis, check to measure UnitedHealth Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UnitedHealth Group is operating at the current time. Most of UnitedHealth Group's value examination focuses on studying past and present price action to predict the probability of UnitedHealth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UnitedHealth Group's price. Additionally, you may evaluate how the addition of UnitedHealth Group to your portfolios can decrease your overall portfolio volatility.

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Is UnitedHealth Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UnitedHealth Group. If investors know UnitedHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UnitedHealth Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.16

Dividend Share

7.52

Earnings Share

23.87

Revenue Per Share

411.257

Quarterly Revenue Growth

0.086

The market value of UnitedHealth Group is measured differently than its book value, which is the value of UnitedHealth that is recorded on the company's balance sheet. Investors also form their own opinion of UnitedHealth Group's value that differs from its market value or its book value, called intrinsic value, which is UnitedHealth Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UnitedHealth Group's market value can be influenced by many factors that don't directly affect UnitedHealth Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between UnitedHealth Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UnitedHealth Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UnitedHealth Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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UnitedHealth Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

UnitedHealth Group fundamental ratios Correlations

UnitedHealth Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

UnitedHealth Group fundamental ratios Accounts

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