Unitedhealth (UNH) EBT Margin (2009 - 2026)
Unitedhealth (UNH) reported EBT Margin of 7.13% for Q1 2026, down 27.0% year-over-year from 9.76% in Q1 2025, and up 1220.76% on a QoQ basis from 0.64% in Q4 2025.
Unitedhealth (UNH) has 18 years of EBT Margin data on file, last reported at 7.13% in Q1 2026.
- Quarterly EBT Margin fell 27.0% year-over-year to 7.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.42% (down 249.0% YoY) and the FY2025 annual result came in at 3.28%, down 173.0% from the prior year.
- EBT Margin improved to 7.13% in Q1 2026 per UNH's latest filing, from 0.64% in the prior quarter.
- Across five years, EBT Margin topped out at 50.32% in Q4 2023 and bottomed at 0.64% in Q4 2025.
- The 5-year median for EBT Margin is 7.4% (2025), against an average of 8.78%.
- The widest annual swing landed in 2023, when EBT Margin surged 4560 bps; it then plunged 4627 bps in 2024.
- Tracing UNH's EBT Margin over 5 years: stood at 4.72% in 2022, then soared by 966 bps to 50.32% in 2023, then slumped by 92 bps to 4.04% in 2024, then slumped by 116 bps to 0.64% in 2025, then surged by 1221 bps to 7.13% in 2026.
- Per Business Quant, the three latest UNH EBT Margin figures stand at 7.13% (Q1 2026), 0.64% (Q4 2025), and 2.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 7.13% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 11.65% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 4.66% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 23.13% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 4.23% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 4.20% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 0.27% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 12,220.58% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 0.93% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 11.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.13% |
| Dec 31, 2025 | -0.64% |
| Sep 30, 2025 | 2.85% |
| Jun 30, 2025 | 4.64% |
| Mar 31, 2025 | 7.40% |
| Dec 31, 2024 | 4.04% |
| Sep 30, 2024 | 7.55% |
| Jun 30, 2024 | 5.73% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 50.32% |
| Sep 30, 2023 | 8.33% |
| Jun 30, 2023 | 9.97% |
| Mar 31, 2023 | 10.07% |
| Dec 31, 2022 | 4.72% |
| Sep 30, 2022 | 8.59% |
| Jun 30, 2022 | 10.43% |
| Mar 31, 2022 | 8.13% |
| Dec 31, 2021 | 6.93% |
| Sep 30, 2021 | 7.31% |
| Jun 30, 2021 | 7.81% |
| Mar 31, 2021 | 9.03% |
| Dec 31, 2020 | 4.76% |
| Sep 30, 2020 | 8.37% |
| Jun 30, 2020 | 14.18% |
| Mar 31, 2020 | 7.08% |
| Dec 31, 2019 | 7.65% |
| Sep 30, 2019 | 7.56% |
| Jun 30, 2019 | 9.17% |
| Mar 31, 2019 | 7.35% |
| Dec 31, 2018 | 7.06% |
| Sep 30, 2018 | 7.49% |
| Jun 30, 2018 | 6.88% |
| Mar 31, 2018 | 6.75% |
| Dec 31, 2017 | 7.05% |
| Sep 30, 2017 | 7.54% |
| Jun 30, 2017 | 6.85% |
| Mar 31, 2017 | 6.42% |
| Dec 31, 2016 | 6.14% |
| Sep 30, 2016 | 7.15% |
| Jun 30, 2016 | 6.31% |
| Mar 31, 2016 | 6.07% |
| Dec 31, 2015 | 5.06% |
| Sep 30, 2015 | 6.72% |
| Jun 30, 2015 | 7.57% |
| Mar 31, 2015 | 6.96% |
| Dec 31, 2014 | 7.82% |
| Sep 30, 2014 | 8.40% |
| Jun 30, 2014 | 7.36% |
| Mar 31, 2014 | 5.97% |
| Dec 31, 2013 | 7.31% |
| Sep 30, 2013 | 8.01% |
| Jun 30, 2013 | 7.32% |
| Mar 31, 2013 | 6.46% |
| Dec 31, 2012 | 6.70% |
| Sep 30, 2012 | 8.98% |
| Jun 30, 2012 | 7.60% |
| Mar 31, 2012 | 7.95% |
| Dec 31, 2011 | 7.47% |
| Sep 30, 2011 | 7.68% |
| Jun 30, 2011 | 7.85% |
| Mar 31, 2011 | 8.27% |
| Dec 31, 2010 | 7.01% |
| Sep 30, 2010 | 8.56% |
| Jun 30, 2010 | 7.66% |
| Mar 31, 2010 | 8.15% |
| Dec 31, 2009 | 1.72% |
| Sep 30, 2009 | 7.09% |
| Jun 30, 2009 | 6.01% |
| Mar 31, 2009 | 118.60% |