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UnitedHealth Group Incorporated (UNH)
NYSE: UNH · Real-Time Price · USD
384.85
-3.76 (-0.97%)
At close: Aug 20, 2026, 4:00 PM EDT
384.32
-0.53 (-0.14%)
After-hours: Aug 20, 2026, 7:58 PM EDT

UnitedHealth Group Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
5,4846,280102,3483,4066,2925,5436,0554,216-1,4095,4555,8415,4745,6114,7615,2625,0705,0274,0714,086
Depreciation & Amortization
1,0401,029-5831,0991,0841,061-3591,0411,020997-2261,0071,021970-18828802788-129796
Other Amortization
--1,700---1,400---1,200---1,000---900-
Gain (Loss) on Sale of Assets
6172-784834115-3,354201,2257,086-489---------
Stock-Based Compensation
276348176223197375187237222372208247242362250171205299209165
Change in Accounts Receivable
5,025-3,544-8291,7462,781-4,462-2,1223,1563,691-6,162-540-2,7714,503-4,306401,641317-4,521-153371
Change in Accounts Payable
971,0552,08263127-6071,2131,214267-2311,146823-2491,796548609218589-9873
Change in Unearned Revenue
-44220107338-272-10-16373-5639-12,01846635311,402-10,07510,641-5187821192
Change in Insurance Reserves / Liabilities
-716296-3541,8071,3782,9932681,458-1,2922,069-3551,429-592,467-1391631803,849-1,224839
Change in Other Net Operating Assets
1012,919-1,501-962-1,599-544-1,1521,133-2,194-1,927-86-357-126-1,875-633-98446-1,08940488
Other Operating Activities
1264371,084-80045343761-742154340512217-127-100-267-668151299-872170
Operating Cash Flow
11,0528,9121,1085,9457,1885,4562,36913,9456,7461,144-5,1936,90211,03216,327-4,53318,5496,8715,3193,2187,580
Operating Cash Flow Growth (YoY)
53.76%63.34%-53.23%-57.37%6.55%376.92%-102.04%-38.85%-92.99%--62.79%60.56%206.96%-144.71%24.02%-11.42%-47.26%142.41%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-799-763-948-890-886-898-912-991-853-743-959-838-829-760-866-724-657-555-695-629
Sale of Property, Plant & Equipment
101,081561-88212,041---685---3,414---15-
Cash Acquisitions
-98--73-3,702-32-702-1,734-8,643-25-3,006-1,747-228-335-7,826-14,304-4-5,919-1,231-94-85
Investment in Securities
-399-2,352-1,2963301101,217-1,3272,073-7134921,073-1,276745-2,319-2,770-701-1,734-1,6321,859-913
Other Investing Activities
178211,823-546-66-241,186129-494-919-239-297-309-115-843582-277-255-369-252
Investing Cash Flow
-1,798-2,447-2,611-4,558-1,442-74-1,119-5,651-7,417-6,340-1,187-2,639-728-11,020-15,369-847-8,587-3,673716-1,879

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Short-Term Debt Issued
-1,100---3,911---6,189---7,349---3,148--
Long-Term Debt Issued
---------5,925---6,401------
Total Debt Issued
-1,1001,100-6621,469-9423,911-3,2712,42612,114-1,568-1,847-3,93013,7509,629-1,3404,1143,148-1-
Total Debt Repaid
-3,313-1,500-1,050-597-1,403--460-941-1,000-750---750-1,375-899-1,016--1,100-1,251-1,125
Net Debt Issued (Repaid)
-4,413-400-1,712872-2,3453,911-4602,3301,42611,364-1,568-1,847-4,68012,3758,730-2,3564,1142,048-1,252-1,125
Issuance of Common Stock
12823124222221360235867258486314411284344169328205551278313
Repurchases of Common Stock
-1,646----2,545-3,000-4,972-956--3,072-1,500-1,500-3,000-2,000-1,000-1,000-2,500-2,500-1,050-1,050
Common Dividends Paid
-2,087-2,005-2,002-2,002-2,000-1,912-1,932-1,937-1,935-1,729-1,738-1,739-1,747-1,537-1,541-1,542-1,545-1,363-1,365-1,367
Other Financing Activities
-605-8182,659-1,857-1,278740-1,213-2,509-9451,182-2,664-2,429-1,3164,008-1,9661,1546723,568-238-1,168
Financing Cash Flow
-8,623-2,992-1,031-2,765-7,94799-8,342-2,205-1,1968,231-7,156-7,104-10,45913,1904,392-3,4169462,304-3,627-4,397

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
4-715-41415-31144-4848-57555130-53-100157-17-51
Miscellaneous Cash Flow Adjustments
-51170-326-466-913511-265-----------
Net Cash Flow
5843,636-2,845-1,386-2,1215,405-7,0886,114-2,1282,987-13,488-2,898-10018,548-15,48014,233-8704,1072901,253

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
10,2538,1491605,0556,3024,5581,45712,9545,893401-6,1526,06410,20315,567-5,39917,8256,2144,7642,5236,951
Free Cash Flow Growth (YoY)
62.69%78.79%-89.02%-60.98%6.94%1036.66%-113.62%-42.24%-97.42%--65.98%64.19%226.76%-156.44%24.83%-12.38%-54.35%170.47%
Free Cash Flow Margin
9.15%7.29%0.14%4.47%5.65%4.16%1.44%12.85%5.96%0.40%-6.51%6.57%10.98%16.93%-6.52%22.04%7.74%5.94%3.42%9.61%
Free Cash Flow Per Share
11.328.960.185.576.924.961.5713.936.350.43-6.586.4810.8516.51-5.7018.806.544.992.647.28
Levered Free Cash Flow
9,8318,5983,1132,2314,8384,7745,50611,658-2,301-2,735-9,4802,2658,53119,051-8,87618,7025,6097,9482,4835,404
Unlevered Free Cash Flow
10,4329,1953,7222,8585,4805,3976,13312,330-1,685-2,207-8,9612,7869,04919,522-8,45319,0255,9018,2192,7525,668

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
--4,030---3,594---3,035---1,945---1,653-
Cash Income Tax Paid
--3,714---4,620---6,078---5,222---3,966-
Change in Working Capital
4,065746-4952,9922,415-2,630-1,8097,334-91-6,242-11,853-4104,4229,484-10,25912,956643-1,094-9612,363
SEC Filings: 10-K · 10-Q