Unitedhealth (UNH) Debt Ratio (2009 - 2026)
Unitedhealth's Debt Ratio was 0.24 in Q2 2026, down 7.8% from 0.26 a year earlier and down 5.0% from the prior quarter.
Analysis
Unitedhealth (UNH) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Unitedhealth came in at 0.25, down 1.8% from FY2024.
- In earlier years, Debt Ratio was 0.26 in FY2024 (+12.8%), 0.23 in FY2023 (-2.6%), 0.23 in FY2022 (+8.2%) and 0.22 in FY2021 (-1.6%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q4 2023.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with growth averaging 1.4% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 16.0%); the worst was Q3 2022 (a decline of 9.2%).
- Per Business Quant data, UNH's Debt Ratio in the three quarters before Q2 2026 was 0.25 (Q1 2026), 0.25 (Q4 2025) and 0.25 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 0.24 |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 0.24 |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 0.11 |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 0.25 |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 0.20 |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 0.14 |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 0.16 |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 0.26 |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 0.19 |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.22 |
API Access
Unitedhealth Debt Ratio 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=debt-ratio&ticker=UNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();