Unitedhealth (UNH) EBT Margin (2009 - 2026)
Unitedhealth's (UNH) quarterly EBT Margin came in at 7.13% in Q1 2026, down 27.0% year-on-year from 9.76% in Q1 2025, and up 1220.76% on a QoQ basis from 0.64% in Q4 2025.
Unitedhealth (UNH) EBT Margin (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has 18 years of EBT Margin data on file, last reported at 7.13% in Q1 2026.
- On a quarterly basis, EBT Margin fell 27.0% year-over-year to 7.13% in Q1 2026; TTM through Mar 2026 was 3.42%, a 310.0% decrease from a year earlier, with the FY2025 full-year figure at 3.28%, down 173.0% from the prior year.
- EBT Margin for Q1 2026 stood at 7.13%, up from 0.64% in the prior quarter.
- Over the last five years, EBT Margin for UNH reached as high as 10.77% in Q3 2022 and fell as low as 0.64% in Q4 2025.
- Historically, EBT Margin has averaged 6.35% across 5 years, with a median of 7.4% in 2025.
- Across the five-year window, EBT Margin slumped 797 bps in 2024 and soared 740 bps in 2025, its largest moves.
- Year by year, EBT Margin stood at 7.51% in 2022, then plunged by 41 bps to 4.45% in 2023, then dropped by 9 bps to 4.04% in 2024, then sank by 116 bps to 0.64% in 2025, then jumped by 1221 bps to 7.13% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 7.13% in Q1 2026, 0.64% in Q4 2025, and 3.63% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 7.13% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 11.65% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 4.69% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 23.13% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 4.02% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 4.70% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 0.84% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 15.04% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 0.93% |
| 10 | Progyny | 2.48 Bn | 2.26 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 | 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% |
| Jun 30, 2021 | 9.90% |