Growth Metrics

Unitedhealth (UNH) Debt to Equity (2009 - 2026)

Unitedhealth (UNH) reported Debt to Equity of $0.75 for Q1 2026, down 6.97% year-over-year from $0.81 in Q1 2025, and down 4.24% on a QoQ basis from $0.78 in Q4 2025.

Unitedhealth (UNH) has 18 years of Debt to Equity data on file, last reported at $0.75 in Q1 2026.

  • Quarterly Debt to Equity fell 6.97% year-over-year to $0.75 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.75 (down 6.97% YoY) and the FY2025 annual result came in at $0.78, changed 0.08% from the prior year.
  • Debt to Equity declined to $0.75 in Q1 2026 per UNH's latest filing, from $0.78 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.82 in Q1 2023 and bottomed at $0.62 in Q3 2022.
  • The 5-year median for Debt to Equity is $0.78 (2024), against an average of $0.74.
  • The widest annual swing landed in 2023, when Debt to Equity jumped 31.84%; it then declined 6.97% in 2026.
  • Tracing UNH's Debt to Equity over 5 years: stood at $0.71 in 2022, then declined by 6.38% to $0.66 in 2023, then gained by 18.16% to $0.78 in 2024, then gained by 0.08% to $0.78 in 2025, then dropped by 4.24% to $0.75 in 2026.
  • Per Business Quant, the three latest UNH Debt to Equity figures stand at $0.75 (Q1 2026), $0.78 (Q4 2025), and $0.79 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 0.75
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 0.81
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 0.72
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 0.73
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 0.75
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 0.76
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 0.92
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 0.26
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.56
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn -

Historic Data

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DateValue
Mar 31, 2026 0.75
Dec 31, 2025 0.78
Sep 30, 2025 0.79
Jun 30, 2025 0.79
Mar 31, 2025 0.81
Dec 31, 2024 0.78
Sep 30, 2024 0.78
Jun 30, 2024 0.79
Mar 31, 2024 0.80
Dec 31, 2023 0.66
Sep 30, 2023 0.71
Jun 30, 2023 0.75
Mar 31, 2023 0.82
Dec 31, 2022 0.71
Sep 30, 2022 0.62
Jun 30, 2022 0.67
Mar 31, 2022 0.62
Dec 31, 2021 0.61
Sep 30, 2021 0.64
Jun 30, 2021 0.67
Mar 31, 2021 0.67
Dec 31, 2020 0.64
Sep 30, 2020 0.64
Jun 30, 2020 0.69
Mar 31, 2020 0.86
Dec 31, 2019 0.67
Sep 30, 2019 0.78
Jun 30, 2019 0.76
Mar 31, 2019 0.70
Dec 31, 2018 0.67
Sep 30, 2018 0.64
Jun 30, 2018 0.69
Mar 31, 2018 0.71
Dec 31, 2017 0.64
Sep 30, 2017 0.62
Jun 30, 2017 0.70
Mar 31, 2017 0.77
Dec 31, 2016 0.86
Sep 30, 2016 0.88
Jun 30, 2016 0.91
Mar 31, 2016 0.96
Dec 31, 2015 0.95
Sep 30, 2015 0.96
Jun 30, 2015 0.55
Mar 31, 2015 0.58
Dec 31, 2014 0.54
Sep 30, 2014 0.54
Jun 30, 2014 0.51
Mar 31, 2014 0.52
Dec 31, 2013 0.52
Sep 30, 2013 0.52
Jun 30, 2013 0.53
Mar 31, 2013 0.57
Dec 31, 2012 0.54
Sep 30, 2012 0.44
Jun 30, 2012 0.43
Mar 31, 2012 27.35
Dec 31, 2011 0.41
Sep 30, 2011 0.43
Jun 30, 2011 0.41
Mar 31, 2011 0.44
Dec 31, 2010 39.79
Sep 30, 2010 0.43
Jun 30, 2010 0.43
Mar 31, 2010 0.43
Dec 31, 2009 0.47
Sep 30, 2009 0.49
Jun 30, 2009 0.54