Unitedhealth (UNH) FCF Margin (2009 - 2026)
Unitedhealth (UNH) posted quarterly FCF Margin of 7.29% for Q1 2026, up 313.0% year-over-year from 1.77% in Q1 2025, and up 5061.23% quarter-over-quarter from 0.14% in Q4 2025.
Unitedhealth (UNH) FCF Margin (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has reported FCF Margin for 18 consecutive years, with 7.29% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 313.0% year-over-year to 7.29%; the TTM figure through Mar 2026 stood at 4.62% (down 114.0% YoY), while the FY2025 annual figure was 3.59%, down 158.0% from the prior year.
- FCF Margin grew to 7.29% in Q1 2026 per UNH's latest filing, from 0.14% in the prior quarter.
- Across five years, FCF Margin topped out at 27.64% in Q3 2022 and bottomed at 6.52% in Q4 2022.
- Historically, FCF Margin has averaged 6.81% across 5 years, with a median of 5.94% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin surged 1803 bps — and 2023, when it sank 1926 bps.
- Unitedhealth's FCF Margin stood at 6.52% in 2022, then surged by 39 bps to 3.99% in 2023, then soared by 122 bps to 0.87% in 2024, then sank by 84 bps to 0.14% in 2025, then surged by 5061 bps to 7.29% in 2026.
- Business Quant data shows UNH's FCF Margin at 7.29% in Q1 2026, 0.14% in Q4 2025, and 5.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 5.33% |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 3.22% |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 4.49% |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 6.38% |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | -2.98% |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 42.63% |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | -2.06% |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 3.30% |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 12.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.15% |
| Mar 31, 2026 | 7.29% |
| Dec 31, 2025 | 0.14% |
| Sep 30, 2025 | 5.68% |
| Jun 30, 2025 | 5.65% |
| Mar 31, 2025 | 4.16% |
| Dec 31, 2024 | 0.87% |
| Sep 30, 2024 | 16.73% |
| Jun 30, 2024 | 7.66% |
| Mar 31, 2024 | 0.51% |
| Dec 31, 2023 | -3.99% |
| Sep 30, 2023 | 8.38% |
| Jun 30, 2023 | 10.98% |
| Mar 31, 2023 | 16.93% |
| Dec 31, 2022 | -6.52% |
| Sep 30, 2022 | 27.64% |
| Jun 30, 2022 | 7.74% |
| Mar 31, 2022 | 5.94% |
| Dec 31, 2021 | 2.12% |
| Sep 30, 2021 | 9.61% |