Is TMO or UNH cheaper?

On trailing earnings, TMO is cheaper: TMO trades at a 28.97 P/E and UNH at 32.07.

Which has grown faster, TMO or UNH?

Over the past five years, UNH grew revenue faster — TMO at a 6.68% CAGR versus UNH at 11.33%.

Does TMO or UNH pay a bigger dividend?

TMO yields 0.36% and UNH yields 2.19% based on trailing dividends and the latest price.

Is TMO or UNH more profitable?

TMO runs the higher net margin — TMO at 15.18% versus UNH at 2.68%.

Which has been the better investment, TMO or UNH?

Over the past 10-year, UNH delivered the higher annualized total return — TMO at 13.46% versus UNH at 13.59%. Past performance doesn't predict future results.

Thermo Fisher Scientific Inc. (TMO) vs UnitedHealth Group Incorporated (UNH)

TMO leads on 8 of 15 compared metrics.

A side-by-side comparison of Thermo Fisher Scientific Inc. and UnitedHealth Group Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

TMO

Thermo Fisher Scientific Inc.

$196.41B

$528.51Healthcare

UNH

UnitedHealth Group Incorporated

$389.68B

$429.09Healthcare

Total return — TMO vs UNH

growth of $100 · last 30y

TMO +1455.9%UNH +7656.6%UNH compounded faster

TMO UNH

TMO vs UNH: by the numbers

•UNH is the larger company ($389.68B vs $196.41B market cap).
•TMO trades at the lower earnings multiple (28.97 vs 32.07 P/E).
•TMO converts more revenue to profit (15.18% vs 2.68% net margin).
•UNH grew revenue faster over the past five years (11.33% vs 6.68% CAGR).
•UNH pays the higher dividend yield (2.19% vs 0.36%).

Which is better, TMO or UNH?

Metric tally: TMO 8 · UNH 7

It depends on what you're optimizing for:

ValueTMO(lower P/E)

GrowthUNH(faster 5Y revenue CAGR)

IncomeUNH(higher dividend yield)

QualityUNH(higher ROIC)

Metrics side by side

Valuation

Metric	TMO	UNH
P/E ratio	28.97●	32.07
Forward P/E	21.20●	23.05
P/S ratio	4.35	0.86●
P/B ratio	3.78	3.72
PEG ratio	4.54	—
EV / EBITDA	22.46	18.84●
FCF yield	3.43%	5.09%●

Profitability

Metric	TMO	UNH
Gross margin	39.41%●	18.80%
Operating margin	17.76%●	4.19%
Net margin	15.18%●	2.68%
ROE	13.21%●	11.59%
ROIC	7.58%	8.23%●

Dividends

Metric	TMO	UNH
Dividend yield	0.36%	2.19%●
Payout ratio	10.58%	70.14%

Growth (annualized)

Metric	TMO	UNH
Revenue CAGR (5Y)	6.68%	11.33%●
EPS CAGR (5Y)	1.99%●	-4.06%
FCF CAGR (5Y)	-0.19%●	-3.16%
Total return CAGR (5Y)	0.95%	2.28%●

Frequently asked

Which is better, TMO or UNH?: It depends on your goal. value: TMO (lower P/E); growth: UNH (faster 5Y revenue CAGR); income: UNH (higher dividend yield); quality: UNH (higher ROIC). Across all compared metrics, TMO leads 8 to 7.
Is TMO or UNH cheaper?: On trailing earnings, TMO is cheaper: TMO trades at a 28.97 P/E and UNH at 32.07.
Which has grown faster, TMO or UNH?: Over the past five years, UNH grew revenue faster — TMO at a 6.68% CAGR versus UNH at 11.33%.
Does TMO or UNH pay a bigger dividend?: TMO yields 0.36% and UNH yields 2.19% based on trailing dividends and the latest price.
Is TMO or UNH more profitable?: TMO runs the higher net margin — TMO at 15.18% versus UNH at 2.68%.
Which has been the better investment, TMO or UNH?: Over the past 10-year, UNH delivered the higher annualized total return — TMO at 13.46% versus UNH at 13.59%. Past performance doesn't predict future results.

Go deeper

Full TMO analysis Full UNH analysis Interactive comparison tool

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 13, 2026.