Unitedhealth (UNH) Capital Expenditures (2009 - 2026)
Unitedhealth (UNH) posted Capital Expenditures of $799 million for Q2 2026, down 9.8% from $886 million a year earlier but up 4.7% from the prior quarter.
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Analysis
Unitedhealth (UNH) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Unitedhealth was $3.4 billion, down 7.8% year-over-year; for FY2025, it came in at $3.62 billion, up 3.5% from FY2024.
- Annual Capital Expenditures has increased for five consecutive years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- In prior years, Unitedhealth's Capital Expenditures was $3.5 billion in FY2024 (+3.3%), $3.39 billion in FY2023 (+20.8%), $2.8 billion in FY2022 (+14.2%) and $2.45 billion in FY2021 (+19.6%).
- Quarterly Capital Expenditures has run from a low of $555 million in Q1 2022 to a high of $991 million in Q3 2024 over five years.
- On a year-over-year basis, Capital Expenditures increased in four of the last eight quarters, with growth averaging 0.9%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2023, with growth of 36.9%; the weakest was Q1 2026, with a decline of 15.0%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $763 million (Q1 2026), $948 million (Q4 2025) and $890 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 799.00 Mn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 691.00 Mn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 112.00 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 287.00 Mn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 297.00 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 226.04 Mn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 264.00 Mn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 132.00 Mn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 174.00 Mn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 30.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 799.00 Mn |
| Mar 31, 2026 | 763.00 Mn |
| Dec 31, 2025 | 948.00 Mn |
| Sep 30, 2025 | 890.00 Mn |
| Jun 30, 2025 | 886.00 Mn |
| Mar 31, 2025 | 898.00 Mn |
| Dec 31, 2024 | 912.00 Mn |
| Sep 30, 2024 | 991.00 Mn |
| Jun 30, 2024 | 853.00 Mn |
| Mar 31, 2024 | 743.00 Mn |
| Dec 31, 2023 | 959.00 Mn |
| Sep 30, 2023 | 838.00 Mn |
| Jun 30, 2023 | 829.00 Mn |
| Mar 31, 2023 | 760.00 Mn |
| Dec 31, 2022 | 866.00 Mn |
| Sep 30, 2022 | 724.00 Mn |
| Jun 30, 2022 | 657.00 Mn |
| Mar 31, 2022 | 555.00 Mn |
| Dec 31, 2021 | 695.00 Mn |
| Sep 30, 2021 | 629.00 Mn |
API Access
Unitedhealth Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "UNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();