Unitedhealth (UNH) Goodwill (2009 - 2026)
Unitedhealth's Goodwill came in at $112.97 billion for Q3 2026, up 2.4% from $110.34 billion a year earlier and up 2.1% from the prior quarter.
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Analysis
Unitedhealth (UNH) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Unitedhealth's Goodwill was $110.5 billion, up 3.5% from FY2024.
- Goodwill has increased in each of the last 16 years, with a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- Going back by year, Goodwill was $106.73 billion in FY2024 (+2.9%), $103.73 billion in FY2023 (+11.1%), $93.35 billion in FY2022 (+23.2%) and $75.8 billion in FY2021 (+6.2%).
- The Q3 2026 figure represents the highest quarterly Goodwill in data going back to Q2 2009.
- Year-over-year, Goodwill has increased for 66 consecutive quarters, with growth averaging 2.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Goodwill ranged from 1.8% (Q1 2025) to 29.5% (Q1 2023).
- Business Quant data shows UNH's Goodwill at $110.65 billion (Q2 2026), $110.51 billion (Q1 2026) and $110.5 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 356.05 Bn | 236.68 Bn | 35.71 Bn |
| 2 | Mckesson | 123.13 Bn | 104.51 Bn | 3.96 Bn |
| 3 | Cvs Health | 109.04 Bn | 57.80 Bn | 47.21 Bn |
| 4 | Elevance Health | 90.56 Bn | -52.02 Bn | 13.65 Bn |
| 5 | Cigna | 77.41 Bn | 46.27 Bn | 15.09 Bn |
| 6 | Cencora | 66.63 Bn | 55.53 Bn | 3.61 Bn |
| 7 | Cardinal Health | 63.51 Bn | 46.67 Bn | 2.60 Bn |
| 8 | Humana | 50.79 Bn | -37.07 Bn | 5.50 Bn |
| 9 | Centene | 33.94 Bn | -60.76 Bn | 9.52 Bn |
| 10 | Molina Healthcare | 10.37 Bn | -24.63 Bn | 1.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 112.97 Bn |
| Jun 30, 2026 | 110.65 Bn |
| Mar 31, 2026 | 110.51 Bn |
| Dec 31, 2025 | 110.50 Bn |
| Sep 30, 2025 | 110.34 Bn |
| Jun 30, 2025 | 107.68 Bn |
| Mar 31, 2025 | 107.57 Bn |
| Dec 31, 2024 | 106.73 Bn |
| Sep 30, 2024 | 105.98 Bn |
| Jun 30, 2024 | 105.44 Bn |
| Mar 31, 2024 | 105.66 Bn |
| Dec 31, 2023 | 103.73 Bn |
| Sep 30, 2023 | 101.70 Bn |
| Jun 30, 2023 | 101.67 Bn |
| Mar 31, 2023 | 100.41 Bn |
| Dec 31, 2022 | 93.35 Bn |
| Sep 30, 2022 | 83.90 Bn |
| Jun 30, 2022 | 84.16 Bn |
| Mar 31, 2022 | 77.55 Bn |
| Dec 31, 2021 | 75.80 Bn |
API Access
Unitedhealth Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "UNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();