Benzinga
Published Mar 05, 2024 16:00
Updated Mar 05, 2024 17:10
Investigating UnitedHealth Group's Standing In Health Care Providers & Services Industry Compared To Competitors
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Amidst today's fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating UnitedHealth Group (NYSE:UNH) in comparison to its major competitors within the Health Care Providers & Services industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
UnitedHealth Group Background UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
UnitedHealth Group Inc | 20.20 | 5.01 | 1.22 | 6.3% | $8.66 | $22.0 | 14.06% |
Centene Corp | 15.82 | 1.62 | 0.28 | 0.18% | $0.52 | $3.66 | 10.96% |
Molina Healthcare Inc | 20.59 | 5.36 | 0.66 | 5.34% | $0.36 | $1.04 | 10.03% |
HealthEquity Inc | 242.32 | 3.56 | 7.31 | 0.75% | $0.07 | $0.16 | 15.33% |
Progyny Inc | 57.23 | 6.14 | 3.28 | 2.52% | $0.01 | $0.06 | 25.95% |
Average | 83.99 | 4.17 | 2.88 | 2.2% | $0.24 | $1.23 | 15.57% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } When analyzing UnitedHealth Group, the following trends become evident:
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing UnitedHealth Group in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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