Unitedhealth (UNH) EBITDA (2009 - 2026)
Unitedhealth's EBITDA was $9.03 billion in Q2 2026, up 44.9% from $6.23 billion a year earlier but down 9.9% from the prior quarter.
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Analysis
Unitedhealth (UNH) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Unitedhealth's EBITDA was $25.96 billion through Jun 30, 2026, down 25.8% year-over-year; for FY2025, it was $23.33 billion, down 35.9% from FY2024.
- EBITDA shows a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- In earlier years, EBITDA was $36.39 billion in FY2024 (+0.2%), $36.33 billion in FY2023 (+14.1%), $31.84 billion in FY2022 (+17.6%) and $27.07 billion in FY2021 (+7.0%).
- Quarterly EBITDA has moved between $1.5 billion (Q4 2025) and $10.18 billion (Q1 2025) over five years.
- Compared with a year earlier, EBITDA was higher in four of the last eight quarters, with an average decline of 12.0%.
- The best year-over-year quarter for EBITDA over five years was Q4 2021 (growth of 48.6%); the worst was Q4 2025 (a decline of 83.0%).
- Per Business Quant data, UNH's EBITDA in the three quarters before Q2 2026 was $10.02 billion (Q1 2026), $1.5 billion (Q4 2025) and $5.41 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 9.03 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 5.83 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 1.51 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | -34.72 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 3.33 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 1.40 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 970.00 Mn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 1.55 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 1.50 Bn |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | 185.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.03 Bn |
| Mar 31, 2026 | 10.02 Bn |
| Dec 31, 2025 | 1.50 Bn |
| Sep 30, 2025 | 5.41 Bn |
| Jun 30, 2025 | 6.23 Bn |
| Mar 31, 2025 | 10.18 Bn |
| Dec 31, 2024 | 8.81 Bn |
| Sep 30, 2024 | 9.75 Bn |
| Jun 30, 2024 | 8.90 Bn |
| Mar 31, 2024 | 8.93 Bn |
| Dec 31, 2023 | 8.66 Bn |
| Sep 30, 2023 | 9.53 Bn |
| Jun 30, 2023 | 9.08 Bn |
| Mar 31, 2023 | 9.06 Bn |
| Dec 31, 2022 | 7.87 Bn |
| Sep 30, 2022 | 8.29 Bn |
| Jun 30, 2022 | 7.93 Bn |
| Mar 31, 2022 | 7.74 Bn |
| Dec 31, 2021 | 6.31 Bn |
| Sep 30, 2021 | 6.51 Bn |
API Access
Unitedhealth EBITDA 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=ebitda&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();