Unitedhealth (UNH) Cash from Operations (2009 - 2026)
Unitedhealth (UNH) recorded Cash from Operations of $11.05 billion in Q2 2026, up 53.8% from $7.19 billion a year earlier and up 24.0% from the prior quarter.
Unitedhealth (UNH) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Unitedhealth's Cash from Operations came in at $27.02 billion as of Jun 30, 2026, down 6.7% year-over-year; for FY2025, it came in at $19.7 billion, down 18.6% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $24.2 billion in FY2024 (-16.7%), $29.07 billion in FY2023 (+10.9%), $26.21 billion in FY2022 (+17.3%) and $22.34 billion in FY2021 (+0.8%).
- The Q2 2026 figure is the highest quarterly Cash from Operations since Q3 2024.
- On a year-over-year basis, Cash from Operations rose in five of the last seven quarters, with growth averaging 70.3%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 376.9% in Q1 2025, against a decline of 93.0% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.91 billion (Q1 2026), $1.11 billion (Q4 2025) and $5.95 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 11.05 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 6.35 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | -220.00 Mn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 1.91 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | -421.00 Mn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 2.65 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 1.69 Bn |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 1.97 Bn |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 3.59 Bn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | -294.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.05 Bn |
| Mar 31, 2026 | 8.91 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 5.95 Bn |
| Jun 30, 2025 | 7.19 Bn |
| Mar 31, 2025 | 5.46 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Sep 30, 2024 | 13.95 Bn |
| Jun 30, 2024 | 6.75 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | -5.19 Bn |
| Sep 30, 2023 | 6.90 Bn |
| Jun 30, 2023 | 11.03 Bn |
| Mar 31, 2023 | 16.33 Bn |
| Dec 31, 2022 | -4.53 Bn |
| Sep 30, 2022 | 18.55 Bn |
| Jun 30, 2022 | 6.87 Bn |
| Mar 31, 2022 | 5.32 Bn |
| Dec 31, 2021 | 3.22 Bn |
| Sep 30, 2021 | 7.58 Bn |
Unitedhealth Cash from Operations 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=cash-from-operations&ticker=UNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();