Sells health insurance and, through Optum, delivers care, pharmacy benefits and health services.
UnitedHealth Group (UNH) scores 5.7 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on efficiency, and growth is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
UnitedHealth Group’s returns on capital beat their cost in almost every measured year, by a clear margin: 5 of 5 indicators passed.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
Insurance margins are structurally thin and heavily regulated, so profitability scored against a broad curve tells you less than the sector-relative reading. Predictability has been the pillar under genuine pressure, which is unusual for a business built on recurring premiums. Growth and efficiency describe how much of the company is now services rather than insurance.
The Quality Score for UNH stands at 5.7 out of 10 as of October 19, 2026, which puts UnitedHealth Group in the solid quality band. This band covers companies that do several things well but not everything, so the pillar detail below matters more than the headline. It rolls UnitedHealth Group’s profitability, solvency, growth, efficiency and predictability into one number, each judged against the norms of its sector.
Among the 212 Healthcare companies with a published score, that ranks at the 69th percentile, above the middle of the group. For reference, the middle of the group scores 4.4 and a company needs 6.0 to reach its top quarter, which leaves UnitedHealth Group above the median.
Profitability scores 4.5 out of 10, which reads as average. The median across 210 Healthcare companies is 2.7, so UnitedHealth Group is well above its peers on this pillar and ranks at the 66th percentile. An average profitability reading usually means the company earns a fair return without obvious pricing power, so the other pillars decide more of the story.
Solvency scores 6.5 out of 10, which reads as average. The median across 150 Healthcare companies is 6.5, so UnitedHealth Group is in line with its peers on this pillar and ranks at the 51st percentile. An average solvency reading suggests debt is present but manageable, the normal state for a company that borrows to fund its operations.
On growth, UnitedHealth Group scores 2.8, a weak reading. Its peers have a median of 4.9 across 107 Healthcare companies, which places it well below them, at the 27th percentile. Weak growth means revenue and earnings have been flat or shrinking against peers, which can be cyclical or a sign of a market that is maturing.
Efficiency scores 8.6 out of 10, which reads as strong. The median across 200 Healthcare companies is 6.0, so UnitedHealth Group is well above its peers on this pillar and ranks at the 88th percentile. Efficiency at this level means the company needs comparatively little capital to produce what it sells.
UnitedHealth Group’s predictability score is 7.4 out of 10 (strong). Against a median of 3.4 among 207 Healthcare companies, that is well above the group and the 91st percentile. A strong predictability score rewards consistency: revenue and earnings that rarely surprise in either direction.
The gap between UnitedHealth Group’s best and worst pillar is wide: efficiency at 8.6 against growth at 2.8, 5.8 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with efficiency points to disciplined use of capital, a strength that compounds quietly. Slow growth limits how fast the business can compound, even when everything else is in order.
The pillar with the most room to move the score is growth. If it rose to the median of Healthcare companies, 4.9, UnitedHealth Group’s overall score would go from 5.7 to about 6.1. The weights add up to 100 points (profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and UnitedHealth Group has a reading on every pillar.
For a fair comparison, start with companies of a similar size: the Healthcare companies below are nearest to UnitedHealth Group by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading UnitedHealth Group scores 5.7 out of 10, which reads as solid quality. Its strongest pillar is efficiency, its weakest is growth. Quality is not the same as a good investment: the score says nothing about the price you would pay.
UnitedHealth Group ranks at the 69th percentile of the 212 Healthcare companies Lemma publishes a score for. The median there is 4.4 and the top quarter starts at 6.0, against UnitedHealth Group’s 5.7.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for UNH are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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