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Industry · 11 companies

Healthcare Plans Stocks in the US

The 11 Healthcare Plans companies we score in the US are UnitedHealth Group Incorporated ($366.8B, the largest), CVS Health Corporation, Elevance Health, Inc. and 8 more. 9 of the 11 companies we score beat S&P 500 on share price over recent months. Prices are as of 4 Nov 2026.

Healthcare Plans: UnitedHealth Group Incorporated owns the largest revenue base; Clover Health Investments, Corp. has the fastest current growth.

11Companies every listed company in this industry
$760.6BCombined market value all of them together
10/11Revenue growing revenue over the last 12 months up on a year earlier
9/11Beating S&P 500 share price doing better than the index (relative strength)
9 of 11 beat the S&P 500 on share price over recent months

The main question: the biggest companies are not always the ones changing the most.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Healthcare Plans stocks in the US?

The largest Healthcare Plans stocks in the US by market value are UnitedHealth Group Incorporated ($366.8B), CVS Health Corporation ($102.3B) and Elevance Health, Inc. ($93.8B), at prices of 4 Nov 2026.

The other 1 Healthcare Plans company is in the full list below.

Share price | market value | P/E, biggest first. Prices and market values as of 4 Nov 2026; ratios as in the score list below.

Which are the Healthcare Plans stocks, ranked?

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 4 Nov 2026.

  1. 1Progyny, Inc.PGNY · $2.3B74.1of 100favourable · strongest on ROCE and profit growth
  2. 2The Cigna GroupCI · $80.7B58.1of 100mixed, leaning good · strongest on PEG and profit growth
  3. 3UnitedHealth Group IncorporatedUNH · $366.8B48.6of 100mixed, leaning weak · strongest on PEG and profitable quarters
  4. 4Humana Inc.HUM · $50.1B46.5of 100mixed, leaning weak · strongest on relative strength versus sector and revenue growth
  5. 5Molina Healthcare, Inc.MOH · $11.8B43.3of 100mixed, leaning weak · strongest on 13-week relative-strength change and relative strength versus sector
  6. 6Elevance Health, Inc.ELV · $93.8B42.3of 100mixed, leaning weak · strongest on profitable quarters and 13-week relative-strength change
  7. 7CVS Health CorporationCVS · $102.3B34.7of 100weak · strongest on ROCE improvement and profitable quarters
  8. 8Oscar Health, Inc.OSCR · $10.9B64.0of 100provisional · strongest on relative strength versus sector and margin improvement
  9. 9Centene CorporationCNC · $37.6B58.1of 100provisional · strongest on relative strength versus sector and relative strength versus the benchmark
  10. 10Clover Health Investments, Corp.CLOV · $2.5B55.5of 100provisional · strongest on revenue growth and relative strength versus sector

Which Healthcare Plans companies are listed in the US?

All 11 listed US Healthcare Plans companies are named here, largest first. Every figure is equal-weighted across those companies and carries its own as-of date. One large company cannot set the reading.

  1. UnitedHealth Group Incorporated$366.8B
  2. CVS Health Corporation$102.3B
  3. Elevance Health, Inc.$93.8B
  4. The Cigna Group$80.7B
  5. Humana Inc.$50.1B
  6. Centene Corporation$37.6B
  7. Molina Healthcare, Inc.$11.8B
  8. Oscar Health, Inc.$10.9B
  9. Clover Health Investments, Corp.$2.5B
  10. Progyny, Inc.$2.3B
  11. Alignment Healthcare, Inc.$1.7B

How many Healthcare Plans companies are listed in the US?

11 Healthcare Plans companies in the Healthcare Plans industry group (every listed company) have a page on Sector Alpha, by market value as of 4 November 2026, and all 11 are listed below, largest first. The largest is UnitedHealth Group Incorporated ($366.8 billion) and the smallest with a market value is Alignment Healthcare, Inc.

Every Healthcare Plans company with a page, largest first
CompanyMarket value
1. UnitedHealth Group Incorporated UNH$366.8 billion
2. CVS Health Corporation CVS$102.3 billion
3. Elevance Health, Inc. ELV$93.8 billion
4. The Cigna Group CI$80.7 billion
5. Humana Inc. HUM$50.1 billion
6. Centene Corporation CNC$37.6 billion
7. Molina Healthcare, Inc. MOH$11.8 billion
8. Oscar Health, Inc. OSCR$10.9 billion
9. Clover Health Investments, Corp. CLOV$2.5 billion
10. Progyny, Inc. PGNY$2.3 billion
11. Alignment Healthcare, Inc. ALHC$1.7 billion

Download all 11 Healthcare Plans companies (CSV)

How has Healthcare Plans moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this industry is 9% ahead of S&P 500. Earnings across its companies fell 18% on average over the last four reported quarters.

Turning · ahead 1w ~ Moving with the index

7 of 11 companies ahead of S&P 500 by 5% or more over three months.

Ahead of S&P 500 on the three-month view for 1 week running; 9 of the 11 companies in the industry index above their 200-day average (no change from four weeks earlier); 7 of those 11 ahead of S&P 500 by 5% or more over three months (5 more than four weeks earlier); earnings rising at 6 of the 11 that report earnings.

Ahead of S&P 500 for 1 week after being behind, with 2 → 7 of 11 participating. Earnings mixed, 6 of 11 members have higher trailing twelve-month earnings than a year ago.

1Y

Healthcare Plans against S&P 500

Both lines start at 200 in the first week shown

  • Healthcare Plans 298
  • S&P 500 228
Healthcare Plans against S&P 500
Week endingHealthcare PlansS&P 500
14 Nov 2025200200
21 Nov 2025199196
28 Nov 2025216203
5 Dec 2025212204
12 Dec 2025223203
19 Dec 2025217203
26 Dec 2025216205
2 Jan 2026221203
9 Jan 2026233207
16 Jan 2026229206
23 Jan 2026234205
30 Jan 2026210206
6 Feb 2026198206
13 Feb 2026198203
20 Feb 2026201205
27 Feb 2026200204
6 Mar 2026193200
13 Mar 2026184197
20 Mar 2026181193
27 Mar 2026173189
3 Apr 2026181195
10 Apr 2026195202
17 Apr 2026205211
24 Apr 2026218213
1 May 2026234215
8 May 2026252220
15 May 2026260220
22 May 2026262222
29 May 2026260225
5 Jun 2026274220
12 Jun 2026298221
19 Jun 2026294222
26 Jun 2026314217
3 Jul 2026322222
10 Jul 2026312225
17 Jul 2026310221
24 Jul 2026300220
31 Jul 2026291222
7 Aug 2026291230
14 Aug 2026295231
21 Aug 2026284228
28 Aug 2026285229
4 Sep 2026291229
11 Sep 2026294227
18 Sep 2026277227
25 Sep 2026270230
2 Oct 2026268229
9 Oct 2026281232
16 Oct 2026288227
23 Oct 2026293226
30 Oct 2026284225
6 Nov 2026298228

3Y

Healthcare Plans against S&P 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Healthcare Plans 331
  • S&P 500 340
Healthcare Plans against S&P 500
Week endingHealthcare PlansS&P 500
17 Nov 2023200200
24 Nov 2023210202
8 Dec 2023208204
22 Dec 2023215210
5 Jan 2024215208
19 Jan 2024209214
2 Feb 2024216219
16 Feb 2024230222
1 Mar 2024215228
15 Mar 2024210226
29 Mar 2024215232
12 Apr 2024197227
26 Apr 2024204226
10 May 2024216231
24 May 2024216235
7 Jun 2024221237
21 Jun 2024217242
5 Jul 2024217246
19 Jul 2024230244
2 Aug 2024238236
16 Aug 2024248246
30 Aug 2024252250
13 Sep 2024266249
27 Sep 2024253254
11 Oct 2024255257
25 Oct 2024237257
8 Nov 2024241265
22 Nov 2024239264
6 Dec 2024229270
20 Dec 2024214262
3 Jan 2025224263
17 Jan 2025245265
31 Jan 2025259267
14 Feb 2025245271
28 Feb 2025252264
14 Mar 2025248250
28 Mar 2025259247
11 Apr 2025273237
25 Apr 2025251244
9 May 2025254250
23 May 2025231257
6 Jun 2025236266
20 Jun 2025243264
4 Jul 2025221277
18 Jul 2025200278
1 Aug 2025194276
15 Aug 2025217285
29 Aug 2025226286
12 Sep 2025235292
26 Sep 2025236294
10 Oct 2025238290
24 Oct 2025246300
7 Nov 2025230298
21 Nov 2025222292
5 Dec 2025236304
19 Dec 2025241302
2 Jan 2026245303
16 Jan 2026255307
30 Jan 2026233307
13 Feb 2026220302
27 Feb 2026222304
13 Mar 2026205294
27 Mar 2026192281
10 Apr 2026217301
24 Apr 2026242317
8 May 2026280327
22 May 2026291331
5 Jun 2026304327
19 Jun 2026327331
3 Jul 2026358330
17 Jul 2026345330
31 Jul 2026324331
14 Aug 2026328344
28 Aug 2026317341
11 Sep 2026327339
25 Sep 2026301342
9 Oct 2026313345
23 Oct 2026325337
6 Nov 2026331340

5Y

Healthcare Plans against S&P 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Healthcare Plans 292
  • S&P 500 327
Healthcare Plans against S&P 500
Week endingHealthcare PlansS&P 500
19 Nov 2021200200
10 Dec 2021192201
7 Jan 2022171199
4 Feb 2022167191
4 Mar 2022177184
1 Apr 2022201193
29 Apr 2022180176
27 May 2022178177
24 Jun 2022167166
22 Jul 2022182169
19 Aug 2022206180
16 Sep 2022191164
14 Oct 2022169153
11 Nov 2022174170
9 Dec 2022169168
6 Jan 2023155166
3 Feb 2023166176
3 Mar 2023161172
31 Mar 2023155175
28 Apr 2023160177
26 May 2023159179
23 Jun 2023164185
21 Jul 2023176193
18 Aug 2023172186
15 Sep 2023167189
13 Oct 2023170184
10 Nov 2023171188
8 Dec 2023183196
5 Jan 2024190200
2 Feb 2024191211
1 Mar 2024190219
29 Mar 2024190223
26 Apr 2024180217
24 May 2024191226
21 Jun 2024192232
19 Jul 2024202234
16 Aug 2024219236
13 Sep 2024234240
11 Oct 2024225247
8 Nov 2024213255
6 Dec 2024202259
3 Jan 2025198252
31 Jan 2025229257
28 Feb 2025223253
28 Mar 2025229237
25 Apr 2025221235
23 May 2025203247
20 Jun 2025214253
18 Jul 2025176268
15 Aug 2025191274
12 Sep 2025207280
10 Oct 2025210279
7 Nov 2025202286
5 Dec 2025208292
2 Jan 2026216291
30 Jan 2026206295
27 Feb 2026196293
27 Mar 2026170270
24 Apr 2026213305
22 May 2026257318
19 Jun 2026288319
17 Jul 2026304317
14 Aug 2026290331
11 Sep 2026289326
9 Oct 2026276332
6 Nov 2026292327

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 92.6, from 3 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jan 2022100.0 (8 companies)
Apr 2022104.0 (8 companies)
Jul 2022105.8 (8 companies)
Oct 202294.6 (8 companies)
Jan 2023104.5 (8 companies)
Apr 2023118.0 (8 companies)
Jul 2023110.1 (8 companies)
Oct 2023110.1 (8 companies)
Jan 202499.4 (8 companies)
Apr 2024102.8 (8 companies)
Jul 202494.7 (8 companies)
Oct 202493.0 (8 companies)
Jan 2025106.4 (8 companies)
Apr 2025109.0 (8 companies)
Jul 2025100.7 (8 companies)
Oct 202572.4 (8 companies)
Jan 202656.0 (8 companies)
Apr 202673.8 (8 companies)
Jul 202692.6 (3 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the industry line is an equal-weighted index of its 11 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the industry taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Is Healthcare Plans outperforming S&P 500?

Healthcare Plans has done better than the S&P 500 by 26.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 3.3%. Oscar Health, Inc. is the strongest against the sector itself at +35.4%.

+3.3%Sector vs S&P 500 · 13 weeks
+26.1%Sector vs S&P 500 · 52 weeks
9 of 11Stocks leading S&P 500
6 of 11Stocks leading the sector

What is the bottom line on Healthcare Plans?

Healthcare Plans has done better than the S&P 500 by 26.1% over 52 weeks and by 3.3% over 13 weeks. 9 of 11 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 6 of 11 are ahead of the industry itself.

How does each Healthcare Plans stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

Progyny, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81.1% evidence confidence.

UnitedHealth Group Incorporated scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

  1. 1Progyny, Inc.PGNY · turning · favourable · 81% evidence74.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.1/35 · Revenue 5.6% · PAT 47.2% · OPM change 4.1 pp · 83% evidenceCapital efficiency 21.1/25 · ROCE 25.2% · OPM 11.4% · 76% evidenceValuation 13.3/20 · P/E 28.7× · PEG 0.51 · 65% evidenceRelative strength 12.6/20 · RS sector 0.9% · RS bench 14.6% · 1Y 34.6% · 100% evidence · 1 of 12 weeks aheadExact sum: 27.1 + 21.1 + 13.3 + 12.6 = 74.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2The Cigna GroupCI · turning · mixed, leaning good · 81% evidence58.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.4/35 · Revenue 7.8% · PAT 27.9% · OPM change 0.3 pp · 83% evidenceCapital efficiency 13.8/25 · ROCE 11.8% · OPM 4% · 76% evidenceValuation 15.6/20 · P/E 11.4× · PEG 0.35 · 65% evidenceRelative strength 8.3/20 · RS sector −11.8% · RS bench 1.9% · 1Y 15.4% · 100% evidence · 2 of 12 weeks aheadExact sum: 20.4 + 13.8 + 15.6 + 8.3 = 58.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3UnitedHealth Group IncorporatedUNH · turning · mixed, leaning weak · 65% evidence48.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.6/35 · Revenue 3.4% · PAT −9.7% · OPM change 2 pp · 71% evidenceCapital efficiency 13.8/25 · ROCE — · OPM 5.8% · 30% evidenceValuation 13.1/20 · P/E 20.7× · PEG 0.72 · 65% evidenceRelative strength 7.1/20 · RS sector −5.4% · RS bench 7.7% · 1Y 26.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.6 + 13.8 + 13.1 + 7.1 = 48.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  4. 4Humana Inc.HUM · breaking out · mixed, leaning weak · 62% evidence46.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.1/35 · Revenue 18.3% · PAT −18.9% · OPM change −0.1 pp · 62% evidenceCapital efficiency 10.7/25 · ROCE — · OPM 3.5% · 30% evidenceValuation 6.4/20 · P/E 37.3× · PEG 2.13 · 65% evidenceRelative strength 15.3/20 · RS sector 17.5% · RS bench 31.1% · 1Y 65.5% · 100% evidence · 9 of 12 weeks aheadExact sum: 14.1 + 10.7 + 6.4 + 15.3 = 46.5 · What this means: Relative strength against the index is 31.1%, and revenue and profit growth are weak.
  5. 5Molina Healthcare, Inc.MOH · turning · mixed, leaning weak · 67% evidence43.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.3/35 · Revenue −1.8% · PAT −105.4% · OPM change −0.2 pp · 71% evidenceCapital efficiency 7.9/25 · ROCE 4.8% · OPM 1% · 76% evidenceValuation 11.5/20 · P/E −205.2× · PEG — · 15% evidenceRelative strength 15.6/20 · RS sector 3.8% · RS bench 17.9% · 1Y 48.9% · 100% evidence · 3 of 12 weeks aheadExact sum: 8.3 + 7.9 + 11.5 + 15.6 = 43.3 · What this means: Relative strength against the index is 17.9%, and revenue and profit growth are weak.
  6. 6Elevance Health, Inc.ELV · turning · mixed, leaning weak · 77% evidence42.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.5/35 · Revenue 3.6% · PAT −7.1% · OPM change 0.7 pp · 71% evidenceCapital efficiency 8.4/25 · ROCE 3.2% · OPM 4.2% · 76% evidenceValuation 8.6/20 · P/E 16.4× · PEG 2.05 · 65% evidenceRelative strength 10.8/20 · RS sector −3.2% · RS bench 10.7% · 1Y 36.6% · 100% evidence · 4 of 12 weeks aheadExact sum: 14.5 + 8.4 + 8.6 + 10.8 = 42.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7CVS Health CorporationCVS · basing · weak · 81% evidence34.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.8/35 · Revenue 7.4% · PAT 8.8% · OPM change 1.1 pp · 83% evidenceCapital efficiency 10.2/25 · ROCE 7.3% · OPM 3.9% · 76% evidenceValuation 4.4/20 · P/E 27× · PEG 4.83 · 65% evidenceRelative strength 1.3/20 · RS sector −24.1% · RS bench −13.4% · 1Y 1.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.8 + 10.2 + 4.4 + 1.3 = 34.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Ranked last: too little evidence (4 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

  1. 8Oscar Health, Inc.OSCR · turning · provisional · 45% evidence64.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.0/35 · Revenue 42.8% · PAT — · OPM change 16 pp · 40% evidenceCapital efficiency 11.7/25 · ROCE — · OPM 8% · 30% evidenceValuation 10.3/20 · P/E 15.6× · PEG — · 15% evidenceRelative strength 20.0/20 · RS sector 35.4% · RS bench 50.1% · 1Y 98.6% · 100% evidence · 9 of 12 weeks aheadExact sum: 22 + 11.7 + 10.3 + 20 = 64 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  2. 9Centene CorporationCNC · turning · provisional · 45% evidence58.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.7/35 · Revenue 12.9% · PAT −349.7% · OPM change 3.9 pp · 40% evidenceCapital efficiency 11.1/25 · ROCE — · OPM 3.8% · 30% evidenceValuation 10.9/20 · P/E −6.2× · PEG — · 15% evidenceRelative strength 16.4/20 · RS sector 20.9% · RS bench 35.8% · 1Y 102.4% · 100% evidence · 5 of 12 weeks aheadExact sum: 19.7 + 11.1 + 10.9 + 16.4 = 58.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  3. 10Clover Health Investments, Corp.CLOV · quiet · provisional · 45% evidence55.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.7/35 · Revenue 54% · PAT — · OPM change 6 pp · 40% evidenceCapital efficiency 9.6/25 · ROCE — · OPM 3.8% · 30% evidenceValuation 11.2/20 · P/E −150.3× · PEG — · 15% evidenceRelative strength 13.0/20 · RS sector 19.1% · RS bench 32.1% · 1Y 75.7% · 100% evidence · 3 of 12 weeks aheadExact sum: 21.7 + 9.6 + 11.2 + 13 = 55.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  4. 11Alignment Healthcare, Inc.ALHC · basing · provisional · 45% evidence36.1out of 100GrowthCapitalValuationRelative
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Healthcare Plans share prices moved?

Centene Corporation has the strongest one-year price move in Healthcare Plans at +102.4%. Oscar Health, Inc. leads on relative strength against the S&P 500, at +50.1%. 9 of 11 companies we track are ahead of the index on that measure. Every line covers 314 weekly closes through 4 November 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs S&P 500: How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Healthcare Plans itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of the 5 strongest one-year movers, each started at 100

52 weekly closes

  • Centene Corporation 209
  • Oscar Health, Inc. 254
  • Clover Health 190
  • Humana Inc. 176
  • Molina Healthcare, Inc. 165
  • S&P 500 114
Price of the 5 strongest one-year movers, each started at 100
Week endingCentene CorporationOscar Health, Inc.Clover HealthHumana Inc.Molina Healthcare, Inc.S&P 500
14 Nov 2025100100100100100100
21 Nov 202510097929610398
28 Nov 2025108130101104108102
5 Dec 2025105121105109110102
12 Dec 2025112120109113123102
19 Dec 2025107107105109119101
26 Dec 2025111107102109120103
2 Jan 202611510898112130102
9 Jan 2026128128105117132103
16 Jan 2026126119103115139103
23 Jan 2026127113105112147103
30 Jan 20261191039182131103
6 Feb 202610688868296103
13 Feb 202611297827898102
20 Feb 2026119958280110103
27 Feb 2026123988580112102
6 Mar 20261201008176105100
13 Mar 20269595807010999
20 Mar 20269591777210197
27 Mar 2026888071719794
3 Apr 20269786707510198
10 Apr 20261031047881106101
17 Apr 20261051148987108106
24 Apr 20261151219891128106
1 May 202614713311099140107
8 May 2026154154126116135110
15 May 2026160168141129135110
22 May 2026163163144130134111
29 May 2026164160161129126113
5 Jun 2026171177155148139110
12 Jun 2026179204192160146110
19 Jun 2026168205202152142111
26 Jun 2026181215219162167109
3 Jul 2026187232213167167111
10 Jul 2026185220180165170112
17 Jul 2026183210187169164111
24 Jul 2026174203175164144110
31 Jul 2026171225169153142111
7 Aug 2026181201193162143115
14 Aug 2026186236186164154116
21 Aug 2026179231168160146114
28 Aug 2026178220171163145115
4 Sep 2026184232172169146115
11 Sep 2026183236195173149114
18 Sep 2026179232181163146113
25 Sep 2026170213182168139115
2 Oct 2026173223177164138115
9 Oct 2026180240194182143116
16 Oct 2026190230181174151114
23 Oct 2026193223186178152113
30 Oct 2026188219181175149113
6 Nov 2026209254190176165114

3Y

Price of the 5 strongest one-year movers, each started at 100

156 weekly closes, every 2nd shown

  • Centene Corporation 105
  • Oscar Health, Inc. 462
  • Clover Health 460
  • Humana Inc. 84
  • Molina Healthcare, Inc. 64
  • S&P 500 170
Price of the 5 strongest one-year movers, each started at 100
Week endingCentene CorporationOscar Health, Inc.Clover HealthHumana Inc.Molina Healthcare, Inc.S&P 500
17 Nov 2023100100100100100100
24 Nov 2023102113102104104101
8 Dec 20231021069397104102
22 Dec 20231011219891101105
5 Jan 20241071169392107104
19 Jan 20241021419281104107
2 Feb 20241041799876100110
16 Feb 20241082339774114111
1 Mar 20241072188571110114
15 Mar 20241041827870115113
29 Mar 20241081957870116116
12 Apr 2024971946663107113
26 Apr 2024102231676197113
10 May 20241072848067100116
24 May 2024103270987094117
7 Jun 2024962541087188119
21 Jun 2024942371237187121
5 Jul 2024912211257483123
19 Jul 2024912001607882122
2 Aug 20241082201647399118
16 Aug 20241082462787099123
30 Aug 20241092412587199125
13 Sep 202410428429365101125
27 Sep 20241032762776497127
11 Oct 20241002373995293129
25 Oct 2024882133845292129
8 Nov 2024831783345893133
22 Nov 2024832103306082132
6 Dec 2024782053295784135
20 Dec 2024821853175083131
3 Jan 2025851893235383131
17 Jan 2025862094005781133
31 Jan 2025882184305988134
14 Feb 2025781774375177135
28 Feb 2025801923895485132
14 Mar 2025801743595187125
28 Mar 2025831753525391123
11 Apr 2025881653615998118
25 Apr 2025801613365389122
9 May 2025872253445091125
23 May 2025781863134586129
6 Jun 2025762033004684133
20 Jun 2025752792964883132
4 Jul 2025462162514868139
18 Jul 2025391762884452139
1 Aug 2025361782735044138
15 Aug 2025392062605847143
29 Aug 2025402192576151143
12 Sep 2025462543005651146
26 Sep 2025482423145154147
10 Oct 2025492472515655145
24 Oct 2025472543755846150
7 Nov 2025522332625143149
21 Nov 2025501772244640146
5 Dec 2025532202535243152
19 Dec 2025541962535246151
2 Jan 2026581972365351152
16 Jan 2026632182495554153
30 Jan 2026601892203951154
13 Feb 2026561761983738151
27 Feb 2026621792053844152
13 Mar 2026471741943342147
27 Mar 2026441461723438141
10 Apr 2026511901893941151
24 Apr 2026582212384350158
8 May 2026772803065553164
22 May 2026812983486252165
5 Jun 2026863223767054164
19 Jun 2026843734907255166
3 Jul 2026944235168065165
17 Jul 2026923824538064165
31 Jul 2026864104097355166
14 Aug 2026934314517860172
28 Aug 2026894004157757171
11 Sep 2026924314738258170
25 Sep 2026853894408054171
9 Oct 2026904394708756173
23 Oct 2026974074518559169
6 Nov 20261054624608464170

5Y

Price of the 5 strongest one-year movers, each started at 100

260 weekly closes, every 4th shown

  • Centene Corporation 104
  • Oscar Health, Inc. 342
  • Clover Health 82
  • Humana Inc. 96
  • Molina Healthcare, Inc. 76
  • S&P 500 164
Price of the 5 strongest one-year movers, each started at 100
Week endingCentene CorporationOscar Health, Inc.Clover HealthHumana Inc.Molina Healthcare, Inc.S&P 500
19 Nov 2021100100100100100100
10 Dec 202110810677106102100
7 Jan 20221056755849799
4 Feb 202211060469910096
4 Mar 2022118693810210992
1 Apr 2022117986110211497
29 Apr 2022110724710210588
27 May 2022116494710610289
24 Jun 202211443391059083
22 Jul 2022125504611210184
19 Aug 2022133705111511190
16 Sep 2022115563911511482
14 Oct 2022102342611511876
11 Nov 2022112292712210785
9 Dec 2022118262012311584
6 Jan 2023108251811310183
3 Feb 202397382211010188
3 Mar 20239548191159486
31 Mar 20238764151129087
28 Apr 202394651312210089
26 May 20238667171149290
23 Jun 20239183161039792
21 Jul 202397782010510796
18 Aug 202387702411310593
15 Sep 202393602010811095
13 Oct 202397481811611792
10 Nov 202398691611312094
8 Dec 2023101781711112398
5 Jan 20241068617105127100
2 Feb 20241031321787119105
1 Mar 20241071611581130109
29 Mar 20241081441480138112
26 Apr 20241011711270115108
24 May 20241022001780112113
21 Jun 2024931752282103116
19 Jul 202491148288997117
16 Aug 20241071824981117118
13 Sep 20241032105274120120
11 Oct 2024991757159111124
8 Nov 2024821325966111128
6 Dec 202478152586599130
3 Jan 202584139576099126
31 Jan 2025881617667104128
28 Feb 2025801426962101127
28 Mar 2025821296261108119
25 Apr 2025791196061106117
23 May 2025771385652102124
20 Jun 202575206535599127
18 Jul 202538130515161134
15 Aug 202539152466656137
12 Sep 202546188536461140
10 Oct 202549182456465139
7 Nov 202551172465851143
5 Dec 202553163455951146
2 Jan 202657145426160146
30 Jan 202659139394560148
27 Feb 202662132364452146
27 Mar 202644108303945135
24 Apr 202657163425059152
22 May 202681220627162159
19 Jun 202684276878366159
17 Jul 202691283809276159
14 Aug 202692318809071166
11 Sep 202691318849469163
9 Oct 202690324839966166
6 Nov 2026104342829676164

The companies with the strongest one-year price moves are drawn. The S&P 500 line is dashed.

Biggest one-year moves

  1. 1Centene CorporationCNC · $37.6B+102.4%1 year
  2. 2Oscar Health, Inc.OSCR · $10.9B+98.6%1 year
  3. 3Clover Health Investments, Corp.CLOV · $2.5B+75.7%1 year
  4. 4Humana Inc.HUM · $50.1B+65.5%1 year
  5. 5Molina Healthcare, Inc.MOH · $11.8B+48.9%1 year

Strongest against S&P 500

  1. 1Oscar Health, Inc.OSCR · $10.9B+50.1%vs S&P 500
  2. 2Centene CorporationCNC · $37.6B+35.8%vs S&P 500
  3. 3Clover Health Investments, Corp.CLOV · $2.5B+32.1%vs S&P 500
  4. 4Humana Inc.HUM · $50.1B+31.1%vs S&P 500
  5. 5Molina Healthcare, Inc.MOH · $11.8B+17.9%vs S&P 500

Strongest against the sector itself

  1. 1Oscar Health, Inc.OSCR · $10.9B+35.4%vs sector
  2. 2Centene CorporationCNC · $37.6B+20.9%vs sector
  3. 3Clover Health Investments, Corp.CLOV · $2.5B+19.1%vs sector
  4. 4Humana Inc.HUM · $50.1B+17.5%vs sector
  5. 5Molina Healthcare, Inc.MOH · $11.8B+3.8%vs sector

Which Healthcare Plans companies have the most revenue, and which grow fastest?

UnitedHealth Group Incorporated has the highest Revenue among the 11 Healthcare Plans companies compared here, at $450,059 million. CVS Health Corporation is next at $412,645 million. Clover Health Investments, Corp. has the highest Revenue growth at 54%, so level and change sit with different companies. 11 of 11 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: UnitedHealth Group Incorporated is the largest at $450,059 million, 9.1% ahead of CVS Health Corporation. Clover Health Investments, Corp.'s growth is 54% from a $2,476 million base, with 19 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

UnitedHealth Group Incorporated · $450,059 millionLeader
9.1% versus #2 · CVS Health CorporationGap
7/8 recent comparable periodsPersistence
11/11 companies · 212 observationsCoverage

What this means: UnitedHealth Group Incorporated is the size to compare against; Clover Health Investments, Corp. is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: UnitedHealth Group Incorporated's growth falls below Clover Health Investments, Corp.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • UnitedHealth Group Incorporated $112.7B
  • CVS Health Corporation $105.5B
  • The Cigna Group $71.7B
  • Elevance Health, Inc. $51.4B
  • Centene Corporation $44.8B
Revenue, by reported quarter
QuarterUnitedHealth Group IncorporatedCVS Health CorporationThe Cigna GroupElevance Health, Inc.Centene Corporation
Dec 2021$73.7B$76.2B$45.7B$36.6B$30.5B
Mar 2022$80.1B$76.7B$44.0B$38.1B$34.3B
Jun 2022$80.3B$80.5B$45.5B$38.6B$34.0B
Sep 2022$80.9B$81.0B$45.3B$39.9B$33.9B
Dec 2022$82.8B$83.5B$45.8B$39.9B$33.8B
Mar 2023$91.9B$84.9B$46.5B$42.2B$35.2B
Jun 2023$92.9B$88.6B$48.6B$43.7B$35.2B
Sep 2023$92.4B$89.5B$49.0B$42.8B$35.2B
Dec 2023$94.4B$93.5B$51.1B$42.6B$35.8B
Mar 2024$99.8B$88.0B$57.3B$42.6B$36.8B
Jun 2024$98.9B$90.8B$60.5B$43.6B$36.4B
Sep 2024$100.8B$94.9B$63.7B$45.1B$37.3B
Dec 2024$100.8B$97.0B$65.6B$45.4B$36.6B
Mar 2025$109.6B$94.1B$65.5B$48.9B$42.9B
Jun 2025$111.6B$98.4B$67.2B$49.8B$42.8B
Sep 2025$113.2B$102.2B$69.7B$50.7B$45.3B
Dec 2025$113.6B$105.1B$72.5B$49.7B$45.1B
Mar 2026$111.7B$99.9B$68.5B$50.2B$45.1B
Jun 2026$112.0B$105.5B$71.7B$50.5B$44.8B
Sep 2026$112.7B——$51.4B—

Revenue growth, by reported quarter

  • UnitedHealth Group Incorporated −0.4%
  • CVS Health Corporation 7.1%
  • The Cigna Group 6.7%
  • Elevance Health, Inc. 1.4%
  • Centene Corporation 4.6%
Revenue growth, by reported quarter
QuarterUnitedHealth Group IncorporatedCVS Health CorporationThe Cigna GroupElevance Health, Inc.Centene Corporation
Dec 2021—————
Mar 2022—————
Jun 202213%11%5.4%16%9.6%
Sep 202212%10%2.2%12%12%
Dec 202212%9.6%0.1%9.2%11%
Mar 202315%11%5.7%11%2.8%
Jun 202316%10%6.8%13%3.4%
Sep 202314%11%8.3%7.3%3.7%
Dec 202314%12%12%6.8%6.0%
Mar 20248.6%3.6%23%1.0%4.4%
Jun 20246.4%2.5%25%−0.1%3.6%
Sep 20249.2%6.0%30%5.4%6.1%
Dec 20246.8%3.7%28%6.6%2.2%
Mar 20259.8%6.9%14%15%17%
Jun 202513%8.4%11%14%18%
Sep 202512%7.8%9.5%12%21%
Dec 202513%8.4%10%9.5%23%
Mar 20262.0%6.2%4.6%2.6%5.1%
Jun 20260.4%7.1%6.7%1.4%4.6%
Sep 2026−0.4%——1.4%—

11 of 11 companies report revenue, 11 of 11 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
UnitedHealth Group Incorporated UNH$112.7B−0.4%Sep 2026
CVS Health Corporation CVS$105.5B7.1%Jun 2026
The Cigna Group CI$71.7B6.7%Jun 2026
Elevance Health, Inc. ELV$51.4B1.4%Sep 2026
Centene Corporation CNC$44.8B4.6%Jun 2026
Humana Inc. HUM$40.9B26%Jun 2026
Molina Healthcare, Inc. MOH$10.6B−3.6%Sep 2026
Oscar Health, Inc. OSCR$4.9B70%Jun 2026
Alignment Healthcare, Inc. ALHC$1.3B32%Jun 2026
Clover Health Investments, Corp. CLOV$743M55%Jun 2026
Progyny, Inc. PGNY$351M5.4%Jun 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Healthcare Plans companies keep the most from each $100 of sales?

Progyny, Inc. has the highest OPM among the 11 Healthcare Plans companies compared here, at 11.4%. Oscar Health, Inc. is next at 8%. Oscar Health, Inc. has the highest Margin change at +16 percentage points, so level and change sit with different companies. 11 of 11 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Progyny, Inc. leads opm at 11.4%; Oscar Health, Inc. leads margin change at +16 percentage points.

Progyny, Inc. · 11.4%Leader
42.5% versus #2 · Oscar Health, Inc.Gap
7/8 recent comparable periodsPersistence
11/11 companies · 212 observationsCoverage

What this means: Progyny, Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Progyny, Inc. 11%
  • Oscar Health, Inc. 8.0%
  • UnitedHealth Group Incorporated 5.8%
  • Elevance Health, Inc. 4.2%
  • The Cigna Group 4.0%
OPM, by reported quarter
QuarterProgyny, Inc.Oscar Health, Inc.UnitedHealth Group IncorporatedElevance Health, Inc.The Cigna Group
Dec 2021−0.1%−36%7.5%5.0%3.9%
Mar 20220.0%−7.0%8.7%6.6%5.1%
Jun 20224.5%−10%8.9%6.0%5.2%
Sep 20225.5%−20%9.2%5.9%4.7%
Dec 20221.5%−22%8.3%3.3%3.8%
Mar 20235.8%−1.7%8.8%6.8%4.3%
Jun 20235.4%−0.4%8.7%6.2%4.6%
Sep 20236.5%−4.0%9.2%4.5%5.0%
Dec 20235.1%−10%8.1%5.6%4.6%
Mar 20246.7%8.7%7.9%7.5%4.0%
Jun 20246.8%3.1%8.0%6.9%4.1%
Sep 20244.3%−2.0%8.6%5.3%4.2%
Dec 20245.3%−6.2%7.7%2.8%3.5%
Mar 20257.5%9.8%8.3%6.4%3.6%
Jun 20257.3%−8.0%4.6%5.3%3.7%
Sep 20256.9%−4.3%3.8%3.5%4.0%
Dec 20257.2%−12%2.5%1.5%3.5%
Mar 202611%15%8.0%5.3%5.5%
Jun 202611%8.0%7.1%4.6%4.0%
Sep 2026——5.8%4.2%—

Margin change, by reported quarter

  • Progyny, Inc. +4.1 pp
  • Oscar Health, Inc. +16.0 pp
  • UnitedHealth Group Incorporated +2.0 pp
  • Elevance Health, Inc. +0.7 pp
  • The Cigna Group +0.3 pp
Margin change, by reported quarter
QuarterProgyny, Inc.Oscar Health, Inc.UnitedHealth Group IncorporatedElevance Health, Inc.The Cigna Group
Dec 2021—————
Mar 2022—————
Jun 2022−4.6 pp+3.3 pp+0.5 pp0.0 pp+0.2 pp
Sep 2022−1.9 pp+27.7 pp+1.3 pp+0.5 pp−0.5 pp
Dec 2022+1.6 pp+14.3 pp+0.8 pp−1.7 pp−0.1 pp
Mar 2023+5.8 pp+5.3 pp+0.1 pp+0.2 pp−0.8 pp
Jun 2023+0.9 pp+10.0 pp−0.2 pp+0.2 pp−0.6 pp
Sep 2023+1.0 pp+15.5 pp0.0 pp−1.4 pp+0.3 pp
Dec 2023+3.6 pp+11.9 pp−0.2 pp+2.3 pp+0.8 pp
Mar 2024+0.9 pp+10.4 pp−0.9 pp+0.7 pp−0.3 pp
Jun 2024+1.4 pp+3.5 pp−0.7 pp+0.7 pp−0.5 pp
Sep 2024−2.2 pp+2.0 pp−0.6 pp+0.8 pp−0.8 pp
Dec 2024+0.2 pp+4.0 pp−0.4 pp−2.8 pp−1.1 pp
Mar 2025+0.8 pp+1.1 pp+0.4 pp−1.1 pp−0.4 pp
Jun 2025+0.5 pp−11.1 pp−3.4 pp−1.6 pp−0.4 pp
Sep 2025+2.6 pp−2.3 pp−4.8 pp−1.8 pp−0.2 pp
Dec 2025+1.9 pp−5.7 pp−5.2 pp−1.3 pp0.0 pp
Mar 2026+3.3 pp+5.4 pp−0.3 pp−1.1 pp+1.9 pp
Jun 2026+4.1 pp+16.0 pp+2.5 pp−0.7 pp+0.3 pp
Sep 2026——+2.0 pp+0.7 pp—

11 of 11 companies report OPM, 11 of 11 margin change.

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Progyny, Inc. PGNY11%+4.1 ppJun 2026
Oscar Health, Inc. OSCR8.0%+16.0 ppJun 2026
UnitedHealth Group Incorporated UNH5.8%+2.0 ppSep 2026
Elevance Health, Inc. ELV4.2%+0.7 ppSep 2026
The Cigna Group CI4.0%+0.3 ppJun 2026
CVS Health Corporation CVS3.9%+1.1 ppJun 2026
Centene Corporation CNC3.8%+3.9 ppJun 2026
Clover Health Investments, Corp. CLOV3.8%+6.0 ppJun 2026
Humana Inc. HUM3.5%−0.1 ppJun 2026
Alignment Healthcare, Inc. ALHC3.2%+1.0 ppJun 2026
Molina Healthcare, Inc. MOH1.0%−0.2 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Healthcare Plans companies earn the most profit?

UnitedHealth Group Incorporated has the highest Net profit among the 11 Healthcare Plans companies compared here, at $15,884 million. The Cigna Group is next at $6,416 million. Progyny, Inc. has the highest Profit growth at 47.2%, so level and change sit with different companies. 11 of 11 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: UnitedHealth Group Incorporated earns the most, $15,884 million of profit over the last 12 months, 147.6% above The Cigna Group. Progyny, Inc. shows 47.2% growth from a profit base of $78 million. A fast rate from a small base matters less than a large profit that keeps coming.

UnitedHealth Group Incorporated · $15,884 millionLeader
147.6% versus #2 · The Cigna GroupGap
4/8 recent comparable periodsPersistence
11/11 companies · 212 observationsCoverage

What this means: UnitedHealth Group Incorporated sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • UnitedHealth Group Incorporated $4.1B
  • The Cigna Group $1.7B
  • Elevance Health, Inc. $1.4B
  • CVS Health Corporation $3.0B
  • Humana Inc. $694M
Net profit, by reported quarter
QuarterUnitedHealth Group IncorporatedThe Cigna GroupElevance Health, Inc.CVS Health CorporationHumana Inc.
Dec 2021$4.1B$1.1B$1.1B$1.3B−$14M
Mar 2022$5.0B$1.2B$1.8B$2.4B$930M
Jun 2022$5.1B$1.6B$1.6B$3.0B$696M
Sep 2022$5.3B$2.8B$1.6B−$3.4B$1.2B
Dec 2022$4.8B$1.2B$865M$2.3B−$15M
Mar 2023$5.6B$1.3B$2.0B$2.1B$1.2B
Jun 2023$5.5B$1.5B$1.9B$1.9B$959M
Sep 2023$5.8B$1.4B$1.3B$2.3B$832M
Dec 2023$5.5B$1.0B$856M$2.0B−$541M
Mar 2024−$1.4B−$277M$2.2B$1.1B$741M
Jun 2024$4.2B$1.5B$2.3B$1.8B$679M
Sep 2024$6.1B$739M$1.0B$71M$480M
Dec 2024$5.5B$1.4B$418M$1.6B−$693M
Mar 2025$6.3B$1.3B$2.2B$1.8B$1.2B
Jun 2025$3.4B$1.5B$1.7B$1.0B$545M
Sep 2025$2.3B$1.9B$1.2B−$4.0B$195M
Dec 2025$10M$1.2B$547M$2.9B−$796M
Mar 2026$6.3B$1.7B$1.8B$3.0B$1.2B
Jun 2026$5.5B$1.7B$1.5B$3.0B$694M
Sep 2026$4.1B—$1.4B——

Profit growth, by reported quarter

  • UnitedHealth Group Incorporated 75%
  • The Cigna Group 8.4%
  • Elevance Health, Inc. 15%
  • CVS Health Corporation 196%
  • Humana Inc. 27%
Profit growth, by reported quarter
QuarterUnitedHealth Group IncorporatedThe Cigna GroupElevance Health, Inc.CVS Health CorporationHumana Inc.
Dec 2021—————
Mar 2022—————
Jun 202216%5.5%−9.1%8.9%18%
Sep 202229%70%6.7%−314%−22%
Dec 202217%6.9%−24%80%—
Mar 202312%5.9%11%−9.0%33%
Jun 20238.0%−6.2%13%−37%38%
Sep 202311%−49%−20%—−30%
Dec 202315%−14%−1.0%−12%—
Mar 2024−125%−122%13%−48%−40%
Jun 2024−23%6.0%24%−7.6%−29%
Sep 20243.7%−48%−21%−97%−42%
Dec 20241.6%38%−51%−21%—
Mar 2025——−2.8%59%68%
Jun 2025−19%−1.0%−24%−43%−20%
Sep 2025−61%153%17%−5,720%−59%
Dec 2025−100%−13%31%80%—
Mar 2026−0.2%25%−19%66%−4.7%
Jun 202661%8.4%−16%196%27%
Sep 202675%—15%——

11 of 11 companies report net profit, 7 of 11 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
UnitedHealth Group Incorporated UNH$4.1B75%Sep 2026
CVS Health Corporation CVS$3.0B196%Jun 2026
The Cigna Group CI$1.7B8.4%Jun 2026
Elevance Health, Inc. ELV$1.4B15%Sep 2026
Centene Corporation CNC$1.1B17%Jun 2026
Humana Inc. HUM$694M27%Jun 2026
Oscar Health, Inc. OSCR$362M147%Jun 2026
Molina Healthcare, Inc. MOH$38M−52%Sep 2026
Alignment Healthcare, Inc. ALHC$37M131%Jun 2026
Clover Health Investments, Corp. CLOV$28M−257%Jun 2026
Progyny, Inc. PGNY$28M65%Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Healthcare Plans companies earn the best return on capital?

Progyny, Inc. has the highest ROCE among the 11 Healthcare Plans companies compared here, at 25.2%. The Cigna Group is next at 11.8%. The same company also has the highest ROCE change, at +11 percentage points. 5 of 11 companies report a comparable reading, the latest through Jun 2026. Its ROCE series carries 19 reported observations across the 20-quarter window.

What the numbers say: Progyny, Inc. leads ROCE at 25.2%, 13.4 percentage points above The Cigna Group. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Progyny, Inc. · 25.2%Leader
113.6% versus #2 · The Cigna GroupGap
7/8 recent comparable periodsPersistence
5/11 companies · 57 observationsCoverage

What this means: Progyny, Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Progyny, Inc. 25%
  • The Cigna Group 12%
  • CVS Health Corporation 7.3%
ROCE, by reported quarter
QuarterProgyny, Inc.The Cigna GroupCVS Health Corporation
Dec 202113%7.3%8.5%
Mar 20227.1%7.8%9.0%
Jun 20225.6%8.1%9.3%
Sep 20225.6%8.3%9.7%
Dec 20226.1%8.3%9.9%
Mar 20238.7%8.0%9.3%
Jun 20239.2%7.9%8.5%
Sep 20239.7%8.2%8.5%
Dec 202311%8.7%8.3%
Mar 202411%9.2%7.5%
Jun 202415%9.6%6.8%
Sep 202415%9.7%5.8%
Dec 202415%9.9%4.8%
Mar 202515%10%5.6%
Jun 202514%10%5.7%
Sep 202515%9.8%6.2%
Dec 202517%10%6.1%
Mar 202623%12%6.5%
Jun 202625%12%7.3%
Sep 2026———

ROCE change, by reported quarter

  • Progyny, Inc. +11.0 pp
  • The Cigna Group +1.5 pp
  • CVS Health Corporation +1.6 pp
ROCE change, by reported quarter
QuarterProgyny, Inc.The Cigna GroupCVS Health Corporation
Dec 2021———
Mar 2022———
Jun 2022———
Sep 2022———
Dec 2022−6.4 pp+1.0 pp+1.4 pp
Mar 2023+1.6 pp+0.2 pp+0.3 pp
Jun 2023+3.6 pp−0.2 pp−0.8 pp
Sep 2023+4.1 pp−0.1 pp−1.2 pp
Dec 2023+4.8 pp+0.4 pp−1.6 pp
Mar 2024+2.5 pp+1.2 pp−1.8 pp
Jun 2024+5.8 pp+1.7 pp−1.7 pp
Sep 2024+4.8 pp+1.5 pp−2.7 pp
Dec 2024+4.5 pp+1.2 pp−3.5 pp
Mar 2025+3.6 pp+1.1 pp−1.9 pp
Jun 2025−0.8 pp+0.7 pp−1.1 pp
Sep 2025+0.2 pp+0.1 pp+0.4 pp
Dec 2025+1.8 pp+0.1 pp+1.3 pp
Mar 2026+7.7 pp+1.2 pp+0.9 pp
Jun 2026+11.0 pp+1.5 pp+1.6 pp
Sep 2026———

5 of 11 companies report ROCE, 3 of 11 ROCE change.

ROCE · highest

ROCE change · fastest improvers

  1. 1Progyny, Inc.PGNY+11.0 pp
  2. 2CVS Health CorporationCVS+1.6 pp
  3. 3The Cigna GroupCI+1.5 pp

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Progyny, Inc. PGNY25%+11.0 ppJun 2026
The Cigna Group CI12%+1.5 ppJun 2026
CVS Health Corporation CVS7.3%+1.6 ppJun 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Healthcare Plans stocks valued against growth and quality?

The Cigna Group has the lowest PEG among the 11 Healthcare Plans companies compared here, at 0.35×. Progyny, Inc. is next at 0.51×. Molina Healthcare, Inc. has the lowest P/E at −205.2×, so level and change sit with different companies. 6 of 11 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: The Cigna Group has the lowest comparable PEG at 0.35×, 31.4% below Progyny, Inc. That would need today's multiple, the company's own history and steady growth to agree.

The Cigna Group · 0.35×Leader
31.4% versus #2 · Progyny, Inc.Gap
0/8 recent comparable periodsPersistence
6/11 companies · 44 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • The Cigna Group 0.4
  • Progyny, Inc. 0.5
  • UnitedHealth Group Incorporated 0.7
  • Elevance Health, Inc. 2.1
  • Humana Inc. 2.1
PEG, by reported quarter
QuarterThe Cigna GroupProgyny, Inc.UnitedHealth Group IncorporatedElevance Health, Inc.Humana Inc.
Dec 2021—————
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 20230.3—1.1——
Jun 20230.411.61.32.81.8
Sep 2023—2.61.7—2.1
Dec 2023——1.7——
Mar 2024—1.4———
Jun 2024—1.4—2.2—
Sep 2024—2.0—2.1—
Dec 2024—————
Mar 20250.4—0.5——
Jun 20250.4—0.3——
Sep 2025—4.80.7——
Dec 2025—2.7———
Mar 20260.40.6———
Jun 20260.40.5———
Sep 2026—————

P/E, by reported quarter

  • The Cigna Group 11.4×
  • Progyny, Inc. 28.7×
  • UnitedHealth Group Incorporated 20.7×
  • Elevance Health, Inc. 16.4×
  • Humana Inc. 37.3×
P/E, by reported quarter
QuarterThe Cigna GroupProgyny, Inc.UnitedHealth Group IncorporatedElevance Health, Inc.Humana Inc.
Dec 202114.2×69.2×27.4×18.4×—
Mar 202214.1×84.4×27.5×19.0×18.2×
Jun 202215.2×58.6×26.4×19.2×18.8×
Sep 202212.8×81.2×24.3×17.7×21.9×
Dec 202215.1×95.3×24.6×20.8×—
Mar 202311.2×69.7×21.3×17.9×19.5×
Jun 202312.4×75.4×21.2×16.7×16.5×
Sep 202315.9×62.5×21.5×17.1×20.0×
Dec 202317.0×57.4×21.8×18.5×—
Mar 2024—60.1×—19.3×21.0×
Jun 202425.3×43.4×33.2×18.8×26.3×
Sep 202431.9×26.4×37.7×18.8×28.1×
Dec 202422.4×27.0×32.3×14.3×—
Mar 202517.7×36.4×21.7×16.6×18.7×
Jun 202517.6×35.5×13.3×16.4×18.7×
Sep 202512.5×32.7×17.8×13.2×24.2×
Dec 202512.3×37.8×24.8×13.8×—
Mar 202611.2×19.7×20.4×12.3×18.4×
Jun 202611.4×28.7×26.7×16.9×37.3×
Sep 2026——20.7×16.4×—

6 of 11 companies report PEG, 11 of 11 P/E.

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
CVS Health Corporation CVS4.827.0×Jun 2026
Humana Inc. HUM2.137.3×Jun 2026
Elevance Health, Inc. ELV2.116.4×Sep 2026
Molina Healthcare, Inc. MOH1.3−205.2×Sep 2026
UnitedHealth Group Incorporated UNH0.720.7×Sep 2026
Progyny, Inc. PGNY0.528.7×Jun 2026
The Cigna Group CI0.411.4×Jun 2026
Centene Corporation CNC0.3−6.2×Jun 2026
Oscar Health, Inc. OSCR—15.6×Jun 2026
Clover Health Investments, Corp. CLOV—−150.3×Jun 2026
Alignment Healthcare, Inc. ALHC—120.9×Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

What can make this comparison misleading?

This Healthcare Plans comparison names 4 specific ways its own evidence can mislead, all listed below. All 11 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

How was this comparison built?

This comparison is built from the reported filings of 11 Healthcare Plans companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 4 November 2026.

FundamentalsThrough Sep 2026 · up to 20 quarters per company
Market dataThrough 4 November 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.

What else do people ask about Healthcare Plans stocks?

These 22 answers restate the Healthcare Plans comparison above in question form. Every one is computed from the same 11 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 4 November 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Healthcare Plans sector outperforming S&P 500?

Healthcare Plans has done better than the S&P 500 by 26.1% over 52 weeks and by 3.3% over 13 weeks.

9 of 11 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 6 of 11 are ahead of the industry itself.

Which Healthcare Plans company is largest by revenue?

UnitedHealth Group Incorporated leads with revenue of $450,059 million, based on 11 of 11 comparable companies through Sep 2026.

Which Healthcare Plans company is growing fastest?

Clover Health Investments, Corp. has the fastest current revenue growth at 54%, across 11 of 11 comparable companies.

Which Healthcare Plans company has the strongest 4-Factor Sector Score?

Progyny, Inc. ranks first at 74.1 out of 100, with 81.1% of the evidence available. The score ranks published data; it is not a recommendation.

Which Healthcare Plans company has the lowest comparable PEG?

The Cigna Group has the lowest comparable PEG at 0.35, among 6 of 11 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Healthcare Plans comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Sep 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Which Healthcare Plans company is the biggest?

UnitedHealth Group Incorporated is the largest, with revenue of $450,059 million over the last 12 months, ahead of CVS Health Corporation at $412,645 million. That covers 11 of 11 companies with comparable reporting through Sep 2026.

Which Healthcare Plans company has the best profit margins?

Progyny, Inc. has the highest operating margin at 11.4%, from 11 of 11 comparable companies. Oscar Health, Inc. shows the biggest recent improvement, at +16 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Healthcare Plans company makes the most profit?

UnitedHealth Group Incorporated earns the most, at $15,884 million of net profit over the last 12 months, from 11 of 11 comparable companies. Progyny, Inc. has the fastest profit growth at 47.2%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Healthcare Plans company earns the highest return on capital?

Progyny, Inc. leads on return on capital employed at 25.2%, across 5 of 11 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Healthcare Plans stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), The Cigna Group has the lowest at 0.35×. Only 6 of 11 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry.

A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Healthcare Plans sector beating the market?

Healthcare Plans has done better than the S&P 500 by 26.1% over the last 52 weeks and by 3.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 9 of the 11 companies we track are beating the market on their own.

Sector strength does not transfer evenly to every stock in it.

Which Healthcare Plans stock has the strongest price momentum?

Oscar Health, Inc. has the strongest relative strength against the S&P 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Healthcare Plans company has the highest 4-Factor score?

Progyny, Inc. scores 74.1 out of 100, with 81.1% of the evidence available, from 27.1 points on growth and earnings, 21.1 on capital efficiency, 13.3 on valuation and 12.6 on relative strength. It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Healthcare Plans companies does this comparison cover, and over what period?

This comparison covers 11 listed companies over up to 20 reported quarters of fundamentals, ending Sep 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Healthcare Plans sector?

The 11 Healthcare Plans companies on this page carry $760,560 million of combined market value. UnitedHealth Group Incorporated is the largest at $366,841 million, about 48% of the sector's total on its own. Market value moves with price, so this reading is dated 4 November 2026.

What is the Healthcare Plans sector's P/E ratio?

The median price-to-earnings ratio across the 11 Healthcare Plans companies on this page is 27×, measured on the 8 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past.

Figures are as of 4 November 2026.

How is the Healthcare Plans sector performing?

9 of the 11 Healthcare Plans companies we track are doing better than the S&P 500 on relative strength (how a share price has done against the index over recent months).

The sector itself is 26.1% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 4 November 2026.

How many Healthcare Plans stocks are listed in the US?

This comparison covers 11 listed Healthcare Plans companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Sep 2026. Membership is the full industry list, nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every US industry against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Sep 2026 · Prices through 4 November 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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