Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

$24.99

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

UnitedHealth Group Inc., current enterprise value calculation

Microsoft Excel
Current share price (P)
No. shares of common stock outstanding
US$ in millions
Common equity (market value)1
Add: Preferred stock, $0.001 par value; no shares issued or outstanding (per books)
Add: Nonredeemable noncontrolling interests (per books)
Total equity
Add: Short-term borrowings and current maturities of long-term debt (per books)
Add: Long-term debt, less current maturities (per books)
Total equity and debt
Less: Cash and cash equivalents
Less: Short-term investments
Less: Assets under management
Enterprise value (EV)

Based on: 10-K (reporting date: 2024-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×


Historical Enterprise Value (EV)

UnitedHealth Group Inc., EV calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Share price1, 2
No. shares of common stock outstanding1
US$ in millions
Common equity (market value)3
Add: Preferred stock, $0.001 par value; no shares issued or outstanding (book value)
Add: Nonredeemable noncontrolling interests (book value)
Total equity
Add: Short-term borrowings and current maturities of long-term debt (book value)
Add: Long-term debt, less current maturities (book value)
Total equity and debt
Less: Cash and cash equivalents
Less: Short-term investments
Less: Assets under management
Enterprise value (EV)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of UnitedHealth Group Inc. Annual Report.

3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. UnitedHealth Group Inc. EV increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.