Health insurers with the highest profit margins
Net income over the last twelve months as a share of revenue. As of .
- Ranked
- 11
- of 11 health insurers we cover
- Median
- 1.2%
- Highest
- 3.6%
- OSCR
- Range
- −2.5% to 3.6%
median 1.2%
−2.5%3.6%
| # | Company | Net margin | Operating margin | Revenue growth (TTM) | Market cap |
|---|---|---|---|---|---|
| 1 | OSCROscar Health | 3.6% | 4.1% | +42.8% | $9.6B |
| 2 | UNHUnitedHealth | 3.5% | 5.3% | +3.3% | $375.3B |
| 3 | ELVElevance Health | 2.5% | n/m | +6.3% | $95.4B |
| 4 | CICigna | 2.3% | 3.5% | +7.8% | $81.1B |
| 5 | TRUPTrupanion | 1.5% | 1.6% | +11.8% | $1.3B |
| 6 | CVSCVS Health | 1.2% | 2.0% | +7.4% | $119.5B |
| 7 | ALHCAlignment Healthcare | 0.9% | 1.2% | +37.2% | $1.7B |
| 8 | HUMHumana | 0.9% | 1.9% | +18.3% | $50.7B |
| 9 | MOHMolina Healthcare | −0.0% | 0.5% | +2.6% | $10.9B |
| 10 | CLOVClover Health Investments | −0.7% | −0.7% | +54.0% | $2.4B |
| 11 | CNCCentene | −2.5% | −2.8% | +13.9% | $34.7B |
A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.