After several years of elevated utilization that has not been fully offset by rate increases yet, covered MCO shares have risen about 35% on average since our last managed care industry report in September 2025, in anticipation of rising profits in at-risk medical insurance plans.
UnitedHealth's strategy of providing medical insurance, pharmacy benefits, and healthcare services should create a powerful alignment of incentives to help clients control their healthcare costs better than pure-play competitor
Regulatory scrutiny appears targeted at UnitedHealth, with ongoing antitrust investigations, questions around its risk assessments in Medicare Advantage, and scrutiny of its coverage denial rates in focus.
|
Metric
|
UNH
|
CI
|
CVS
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.59 | 8.51 | 10.87 |
Price/Book Value | 3.36 | 1.66 | 1.37 |
Price/Sales | 0.74 | 0.25 | 0.26 |
Price/Cash Flow | 16.82 | 7.06 | 7.18 |
|
Metric
|
UNH
|
CI
|
CVS
|
|---|---|---|---|
Quick Ratio | 0.70 | 0.68 | 0.62 |
Current Ratio | 0.78 | 0.85 | 0.87 |
Interest Coverage | 5.48 | 7.08 | 2.87 |
|
Metric
|
UNH
|
CI
|
CVS
|
|---|---|---|---|
Return on Assets (Normalized) | 5.17% | 5.37% | 3.94% |
Return on Equity (Normalized) | 16.72% | 20.03% | 13.12% |
Return on Invested Capital (Normalized) | 10.63% | 12.89% | 8.09% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| CVS Health Corp
CVS
| LOCK|GF$pWPZ | LOCK|SB | $109B | |||
| Elevance Health Inc
ELV
| LOCK|<vsTXX | LOCK|^>jg | $83B | |||
| The Cigna Group
CI
| LOCK|X&kp>j | LOCK|$wtf | $71B | |||
| Humana Inc
HUM
| LOCK|<z$Y%R | LOCK|#&Hn | $46B | |||
| Centene Corp
CNC
| LOCK|YgR^%wb | LOCK|&L& | $30B | |||
| Molina Healthcare Inc
MOH
| LOCK|k%<<kn% | LOCK|JFC!& | $9B | |||
| Oscar Health Inc Class A
OSCR
| — | LOCK|J!% | $9B | |||
| Clover Health Investments Corp Ordinary Shares - Class A
CLOV
| — | LOCK|#%@ | $2B | |||
| Progyny Inc
PGNY
| — | LOCK|?@r | $2B |
United States