UnitedHealth Group Incorporated (UNH)

UnitedHealth Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Quarter	Current	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Feb 3, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Market Capitalization	257,421	299,026	312,729	283,001	479,081	465,535	539,904	468,715	456,081	486,945	467,034	447,491	440,854	495,373	472,406	481,873	479,830	472,941	368,436	377,896	351,725
Market Cap Growth	-45.22%	-35.77%	-42.08%	-39.62%	5.04%	-4.40%	15.60%	4.74%	3.45%	-1.70%	-1.14%	-7.13%	-8.12%	4.74%	28.22%	27.52%	36.42%	42.14%	24.35%	35.10%	48.69%
Enterprise Value	311,445	361,978	373,386	343,686	545,495	521,065	598,591	524,168	508,252	520,885	500,613	485,476	488,517	513,470	507,492	508,765	513,450	503,175	401,127	408,377	387,766
PE Ratio	21.48	24.80	17.78	13.29	21.67	32.32	37.71	33.24	-	21.76	21.54	21.20	21.29	24.62	24.31	26.40	27.50	27.36	23.88	26.04	20.83
PS Ratio	0.58	0.67	0.72	0.67	1.17	1.16	1.37	1.22	1.20	1.31	1.30	1.28	1.31	1.53	1.50	1.57	1.61	1.64	1.32	1.39	1.34
PB Ratio	2.58	2.94	2.96	2.70	4.56	4.54	5.17	4.72	4.71	4.92	4.97	4.86	4.87	5.74	5.70	5.94	6.18	6.18	4.94	5.15	4.98
P/FCF Ratio	16.01	18.60	18.00	11.20	19.27	22.48	41.23	75.53	43.37	-	17.67	11.72	12.89	-	15.08	23.56	24.97	23.78	16.09	20.41	15.24
P/OCF Ratio	13.07	15.18	14.92	9.77	16.80	19.23	32.44	48.83	32.85	-	15.71	10.82	11.85	-	13.91	20.96	22.16	21.17	14.61	18.19	13.94
EV/Sales Ratio	0.70	0.81	0.86	0.81	1.33	1.30	1.52	1.36	1.34	1.40	1.39	1.39	1.45	1.58	1.61	1.66	1.73	1.75	1.44	1.50	1.48
EV/EBITDA Ratio	13.35	15.52	12.19	9.83	14.49	14.32	16.52	14.55	14.04	14.34	14.09	14.16	14.74	16.13	16.76	17.86	18.80	18.59	16.04	17.11	14.32
EV/EBIT Ratio	16.42	19.09	14.17	11.18	16.30	16.14	18.59	16.37	15.78	16.10	15.86	15.92	16.52	18.06	18.74	20.08	21.23	20.99	18.28	19.55	16.06
EV/FCF Ratio	19.37	22.52	21.49	13.60	21.94	25.17	45.71	84.46	48.33	-	18.94	12.71	14.28	-	16.20	24.88	26.72	25.30	17.52	22.06	16.80
Debt / Equity Ratio	0.77	0.77	0.76	0.76	0.77	0.80	0.75	0.76	0.76	0.63	0.67	0.71	0.78	0.67	0.59	0.63	0.61	0.60	0.63	0.66	0.66
Debt / EBITDA Ratio	3.36	13.09	3.70	3.18	2.00	2.23	2.00	2.11	2.06	1.80	1.66	1.81	1.95	1.83	1.47	1.62	1.53	1.82	1.80	1.78	1.54
Debt / FCF Ratio	4.88	4.88	4.61	3.13	3.27	3.95	5.96	12.10	7.00	-	2.40	1.72	2.06	-	1.55	2.51	2.47	2.31	2.05	2.61	2.00
Quick Ratio	0.45	0.45	0.75	0.77	0.77	0.75	0.83	0.78	0.76	0.69	0.72	0.71	0.72	0.65	0.73	0.67	0.67	0.66	0.66	0.65	0.63
Current Ratio	0.79	0.79	0.82	0.85	0.85	0.83	0.91	0.85	0.82	0.75	0.77	0.76	0.77	0.73	0.78	0.73	0.74	0.73	0.72	0.72	0.69
Asset Turnover	1.45	1.45	1.44	1.44	1.35	1.38	1.39	1.43	1.36	1.31	1.32	1.39	1.36	1.37	1.42	1.48	1.39	1.37	1.37	1.40
Return on Equity (ROE)	0.84%	9.66%	13.61%	24.93%	22.35%	24.58%	18.03%	-4.99%	23.54%	25.95%	24.76%	26.10%	23.20%	26.26%	26.20%	26.72%	22.19%	22.66%	24.30%	28.22%
Return on Assets (ROA)	0.30%	3.46%	4.16%	7.50%	6.50%	7.44%	6.90%	7.11%	6.92%	7.58%	7.14%	7.64%	7.05%	7.88%	7.90%	8.02%	6.51%	6.75%	7.19%	8.37%
Return on Invested Capital (ROIC)	0.21%	1.84%	2.43%	3.93%	3.61%	4.01%	3.56%	-5833.39%	3.99%	4.25%	3.95%	4.17%	3.95%	4.38%	4.32%	4.43%	3.72%	3.72%	3.94%	4.58%
Earnings Yield	4.68%	4.03%	5.62%	7.52%	4.61%	3.09%	2.65%	3.01%	3.37%	4.60%	4.64%	4.72%	4.70%	4.06%	4.11%	3.79%	3.64%	3.65%	4.19%	3.84%	4.80%
FCF Yield	6.24%	5.38%	5.56%	8.93%	5.19%	4.45%	2.43%	1.32%	2.31%	5.27%	5.66%	8.54%	7.76%	4.72%	6.63%	4.24%	4.00%	4.21%	6.21%	4.90%	6.56%
Dividend Yield	3.11%	2.65%	2.51%	2.76%	1.64%	1.66%	1.40%	1.57%	1.58%	1.44%	1.46%	1.49%	1.47%	1.27%	1.30%	1.24%	1.21%	1.19%	1.48%	1.40%	1.45%
Payout Ratio	65.99%	20020.00%	85.26%	58.72%	30.39%	34.86%	31.99%	45.90%	-	31.86%	29.77%	31.91%	27.39%	32.37%	29.30%	30.47%	27.11%	33.53%	33.46%	32.04%	24.29%
Buyback Yield / Dilution	1.94%	1.83%	2.37%	1.94%	0.43%	0.86%	0.64%	1.28%	2.23%	1.27%	1.27%	1.05%	1.15%	0.84%	0.73%	0.63%	0.31%	0.62%	0.73%	0.42%	0.52%
Total Shareholder Return	5.05%	4.48%	4.88%	4.70%	2.07%	2.51%	2.04%	2.85%	3.80%	2.71%	2.73%	2.54%	2.62%	2.11%	2.03%	1.87%	1.53%	1.82%	2.21%	1.82%	1.97%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q