Unitedhealth (UNH) Free Cash Flow (2009 - 2026)
Unitedhealth's (UNH) quarterly Free Cash Flow came in at $8.1 billion in Q1 2026, up 78.78% year-on-year from $4.6 billion in Q1 2025, and up 4993.12% on a QoQ basis from $160.0 million in Q4 2025.
Unitedhealth (UNH) Free Cash Flow (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has 18 years of Free Cash Flow data on file, last reported at $8.1 billion in Q1 2026.
- On a quarterly basis, Free Cash Flow rose 78.78% year-over-year to $8.1 billion in Q1 2026; TTM through Mar 2026 was $19.7 billion, a 20.9% decrease from a year earlier, with the FY2025 full-year figure at $16.1 billion, down 22.36% from the prior year.
- Free Cash Flow for Q1 2026 stood at $8.1 billion, up from $160.0 million in the prior quarter.
- Over the last five years, Free Cash Flow for UNH reached as high as $17.8 billion in Q3 2022 and fell as low as -$6.2 billion in Q4 2023.
- Historically, Free Cash Flow has averaged $5.5 billion across 5 years, with a median of $5.9 billion in 2024.
- Across the five-year window, Free Cash Flow slumped 313.99% in 2022 and jumped 1036.66% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$5.4 billion in 2022, then declined by 13.95% to -$6.2 billion in 2023, then jumped by 123.68% to $1.5 billion in 2024, then plunged by 89.02% to $160.0 million in 2025, then jumped by 4993.12% to $8.1 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $8.1 billion in Q1 2026, $160.0 million in Q4 2025, and $5.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 8.15 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 3.40 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 1.63 Bn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 864.00 Mn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 1.13 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 4.17 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | -324.00 Mn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 2.61 Bn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 128.59 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 45.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.15 Bn |
| Mar 31, 2026 | 8.15 Bn |
| Dec 31, 2025 | 160.00 Mn |
| Dec 31, 2025 | 160.00 Mn |
| Sep 30, 2025 | 5.06 Bn |
| Sep 30, 2025 | 5.06 Bn |
| Jun 30, 2025 | 6.30 Bn |
| Jun 30, 2025 | 6.30 Bn |
| Mar 31, 2025 | 4.56 Bn |
| Mar 31, 2025 | 4.56 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Sep 30, 2024 | 12.95 Bn |
| Sep 30, 2024 | 12.95 Bn |
| Jun 30, 2024 | 5.89 Bn |
| Jun 30, 2024 | 5.89 Bn |
| Mar 31, 2024 | 401.00 Mn |
| Mar 31, 2024 | 401.00 Mn |
| Dec 31, 2023 | -6.15 Bn |
| Dec 31, 2023 | -6.15 Bn |