Unitedhealth (UNH) EBITDA Margin (2009 - 2026)

Unitedhealth's (UNH) quarterly EBITDA Margin came in at 8.05% in Q1 2026, down 28.0% year-on-year from 11.18% in Q1 2025, and up 2297.43% on a QoQ basis from 0.34% in Q4 2025.

Unitedhealth (UNH) EBITDA Margin (2009 - 2026) Analysis & Trends

Unitedhealth (UNH) has 18 years of EBITDA Margin data on file, last reported at 8.05% in Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 28.0% year-over-year to 8.05% in Q1 2026; TTM through Mar 2026 was 4.43%, a 333.0% decrease from a year earlier, with the FY2025 full-year figure at 4.24%, down 383.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 8.05%, up from 0.34% in the prior quarter.
  • Over the last five years, EBITDA Margin for UNH reached as high as 11.79% in Q3 2023 and fell as low as 0.34% in Q4 2025.
  • Historically, EBITDA Margin has averaged 7.89% across 5 years, with a median of 8.67% in 2022.
  • Across the five-year window, EBITDA Margin surged 367 bps in 2022 and tumbled 640 bps in 2025, its largest moves.
  • Year by year, EBITDA Margin stood at 8.32% in 2022, then tumbled by 40 bps to 4.99% in 2023, then slipped by 7 bps to 4.63% in 2024, then sank by 93 bps to 0.34% in 2025, then jumped by 2297 bps to 8.05% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 8.05% in Q1 2026, 0.34% in Q4 2025, and 4.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 8.05%
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 13.85%
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 1.71%
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 2.06%
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 4.42%
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 4.17%
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 1.33%
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 1.30%
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 1.26%
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 10.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.05%
Dec 31, 2025 0.34%
Sep 30, 2025 4.85%
Jun 30, 2025 4.61%
Mar 31, 2025 8.32%
Dec 31, 2024 4.63%
Sep 30, 2024 11.24%
Jun 30, 2024 10.24%
Mar 31, 2024 10.17%
Dec 31, 2023 4.99%
Sep 30, 2023 11.79%
Jun 30, 2023 8.67%
Mar 31, 2023 8.80%
Dec 31, 2022 8.32%
Sep 30, 2022 11.57%
Jun 30, 2022 8.88%
Mar 31, 2022 8.67%
Dec 31, 2021 4.66%
Sep 30, 2021 7.90%
Jun 30, 2021 10.63%