Unitedhealth (UNH) EBT Margin (2009 - 2026)
Unitedhealth (UNH) posted quarterly EBT Margin of 7.13% for Q1 2026, down 27.0% year-over-year from 9.76% in Q1 2025, and up 1220.76% quarter-over-quarter from 0.64% in Q4 2025.
Unitedhealth (UNH) EBT Margin (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has reported EBT Margin for 18 consecutive years, with 7.13% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 27.0% year-over-year to 7.13%; the TTM figure through Mar 2026 stood at 3.42% (down 310.0% YoY), while the FY2025 annual figure was 3.28%, down 173.0% from the prior year.
- EBT Margin grew 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 10.77% in Q3 2022 and bottomed at 0.64% in Q4 2025.
- Historically, EBT Margin has averaged 6.35% across 5 years, with a median of 7.4% in 2025.
- Annual changes were most pronounced in 2024 — EBT Margin plunged 797 bps — and 2025, when it surged 740 bps.
- Unitedhealth's EBT Margin stood at 7.51% in 2022, then plunged by 41 bps to 4.45% in 2023, then decreased by 9 bps to 4.04% in 2024, then sank by 116 bps to 0.64% in 2025, then surged by 1221 bps to 7.13% in 2026.
- Business Quant data shows UNH's EBT Margin at 7.13% in Q1 2026, 0.64% in Q4 2025, and 3.63% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 6.22% |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 3.75% |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 3.84% |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 2.33% |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 2.77% |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | 0.84% |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 7.85% |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | 2.83% |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 3.77% |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 11.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.22% |
| Mar 31, 2026 | 7.13% |
| Dec 31, 2025 | -0.64% |
| Sep 30, 2025 | 3.63% |
| Jun 30, 2025 | 3.66% |
| Mar 31, 2025 | 7.40% |
| Dec 31, 2024 | 4.04% |
| Sep 30, 2024 | 9.83% |
| Jun 30, 2024 | 7.37% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 4.45% |
| Sep 30, 2023 | 10.63% |
| Jun 30, 2023 | 7.78% |
| Mar 31, 2023 | 7.98% |
| Dec 31, 2022 | 7.51% |
| Sep 30, 2022 | 10.77% |
| Jun 30, 2022 | 8.30% |
| Mar 31, 2022 | 8.13% |
| Dec 31, 2021 | 4.30% |
| Sep 30, 2021 | 7.31% |