Unitedhealth (UNH) EV to EBITDA (2009 - 2026)
Unitedhealth's (UNH) quarterly EV to EBITDA came in at 43.89 in Q2 2026, down 11.72% year-over-year from 49.72 in Q2 2025, and up 78.97% quarter-over-quarter from 24.53 in Q1 2026.
Analysis
Unitedhealth (UNH) EV to EBITDA (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has reported EV to EBITDA for 18 consecutive years, with 43.89 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 11.72% year-over-year to 43.89 in Q2 2026; TTM through Jun 2026 was 16.18, a 94.32% increase from a year earlier, with the FY2025 full-year figure at 13.87, up 5.1% from the prior year.
- EV to EBITDA was 43.89 for Q2 2026 at Unitedhealth, up from 24.53 in the prior quarter.
- Over five years, EV to EBITDA peaked at 728.79 in Q4 2025 and troughed at 24.53 in Q1 2026.
- A 5-year average of 91.88 and a median of 56.39 in 2024 frame the typical range for EV to EBITDA.
- Across the five-year window, EV to EBITDA surged 1189.35% in 2025 and sank 50.09% in 2026, its largest moves.
- Over 5 years, EV to EBITDA stood at 68.52 in 2022, then retreated by 12.22% to 60.15 in 2023, then retreated by 6.03% to 56.52 in 2024, then surged by 1189.35% to 728.79 in 2025, then tumbled by 93.98% to 43.89 in 2026.
- The last three EV to EBITDA figures came in at 43.89 (Q2 2026), 24.53 (Q1 2026), and 728.79 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.89 |
| Mar 31, 2026 | 24.53 |
| Dec 31, 2025 | 728.79 |
| Sep 30, 2025 | 66.75 |
| Jun 30, 2025 | 49.72 |
| Mar 31, 2025 | 49.14 |
| Dec 31, 2024 | 56.52 |
| Sep 30, 2024 | 58.32 |
| Jun 30, 2024 | 56.26 |
| Mar 31, 2024 | 53.98 |
| Dec 31, 2023 | 60.15 |
| Sep 30, 2023 | 50.12 |
| Jun 30, 2023 | 50.18 |
| Mar 31, 2023 | 49.31 |
| Dec 31, 2022 | 68.52 |
| Sep 30, 2022 | 58.23 |
| Jun 30, 2022 | 64.11 |
| Mar 31, 2022 | 65.30 |
| Dec 31, 2021 | 81.55 |
| Sep 30, 2021 | 60.78 |