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% quarter-over-quarter from $0.78 in Q4 2025.
Unitedhealth (UNH) Debt to Equity (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has 18 years of Debt to Equity data on file, last reported at $0.75 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.75, down 6.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.75 (down 6.97% YoY), and the FY2025 annual result was $0.78, changed 0.08% from the prior year.
- Debt to Equity eased to $0.75 in Q1 2026 per UNH's latest filing, from $0.78 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.82 in Q1 2023 and troughed at $0.62 in Q3 2022.
- A 5-year average of $0.74 and a median of $0.78 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2026: Debt to Equity soared 31.84% in 2023, then retreated 6.97% in 2026.
- A 5-year view of Debt to Equity shows it stood at $0.71 in 2022, then retreated by 6.38% to $0.66 in 2023, then climbed by 18.16% to $0.78 in 2024, then climbed by 0.08% to $0.78 in 2025, then fell by 4.24% to $0.75 in 2026.
- Business Quant data shows UNH's Debt to Equity at $0.75 in Q1 2026, $0.78 in Q4 2025, and $0.79 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 370.74 Bn | 340.93 Bn | 98.90 Bn | 0.75 |
| 2 | Cvs Health | 129.62 Bn | 118.00 Bn | 4.43 Bn | 0.81 |
| 3 | Elevance Health | 88.73 Bn | 53.31 Bn | 13.88 Bn | 0.72 |
| 4 | Cigna | 78.23 Bn | 70.61 Bn | -44.29 Bn | 0.73 |
| 5 | Humana | 45.63 Bn | 23.73 Bn | 4.00 Bn | 0.75 |
| 6 | Centene | 32.06 Bn | 8.39 Bn | 49.24 Bn | 0.76 |
| 7 | Molina Healthcare | 10.16 Bn | 905.08 Mn | 1.53 Bn | 0.92 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 0.26 |
| 9 | Alignment Healthcare | 4.05 Bn | 3.33 Bn | 135.85 Mn | 1.56 |
| 10 | Clover Health Investments | 2.46 Bn | 2.27 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |