Benzinga
Published Mar 19, 2024 16:00
Updated Mar 19, 2024 17:10
Investigating UnitedHealth Group's Standing In Health Care Providers & Services Industry Compared To Competitors
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating UnitedHealth Group (NYSE:UNH) in relation to its major competitors in the Health Care Providers & Services industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company's performance within 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 | 20.41 | 5.06 | 1.23 | 6.3% | $8.66 | $22.0 | 14.06% |
Centene Corp | 15.56 | 1.59 | 0.27 | 0.18% | $0.52 | $3.66 | 10.96% |
Molina Healthcare Inc | 21.86 | 5.69 | 0.70 | 5.34% | $0.36 | $1.04 | 10.03% |
HealthEquity Inc | 244.15 | 3.58 | 7.37 | 0.75% | $0.07 | $0.16 | 15.33% |
Progyny Inc | 58.60 | 6.33 | 3.36 | 2.52% | $0.01 | $0.06 | 25.95% |
Average | 85.04 | 4.3 | 2.92 | 2.2% | $0.24 | $1.23 | 15.57% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } By thoroughly analyzing UnitedHealth Group, we can discern the following trends:
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.
In terms of the Debt-to-Equity ratio, UnitedHealth Group stands in comparison with its top 4 peers, leading to the following comparisons:
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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