Unitedhealth (UNH) Intangibles (2009 - 2026)
Unitedhealth (UNH) reported Intangibles of $19.75 billion for Q2 2026, down 12.3% from $22.51 billion a year earlier and down 1.7% from the prior quarter.
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Analysis
Unitedhealth (UNH) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Unitedhealth posted Intangibles of $20.47 billion, down 12.0% from FY2024.
- Intangibles has a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- By year, Intangibles came in at $23.27 billion in FY2024 (+53.1%), $15.19 billion in FY2023 (+5.5%), $14.4 billion in FY2022 (+43.4%) and $10.04 billion in FY2021 (-7.5%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q2 2024.
- Year over year, Intangibles has now declined in each of the last four quarters, with growth averaging 21.1% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q1 2023 (growth of 63.0%); the low point was Q1 2026 (a decline of 12.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.09 billion (Q1 2026), $20.47 billion (Q4 2025) and $22.79 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 19.75 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 24.64 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 4.01 Bn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 10.98 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 26.93 Bn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 5.93 Bn |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | - |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | - |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 4.20 Bn |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.75 Bn |
| Mar 31, 2026 | 20.09 Bn |
| Dec 31, 2025 | 20.47 Bn |
| Sep 30, 2025 | 22.79 Bn |
| Jun 30, 2025 | 22.51 Bn |
| Mar 31, 2025 | 22.95 Bn |
| Dec 31, 2024 | 23.27 Bn |
| Sep 30, 2024 | 23.59 Bn |
| Jun 30, 2024 | 14.73 Bn |
| Mar 31, 2024 | 15.54 Bn |
| Dec 31, 2023 | 15.19 Bn |
| Sep 30, 2023 | 15.20 Bn |
| Jun 30, 2023 | 15.64 Bn |
| Mar 31, 2023 | 16.17 Bn |
| Dec 31, 2022 | 14.40 Bn |
| Sep 30, 2022 | 10.79 Bn |
| Jun 30, 2022 | 11.29 Bn |
| Mar 31, 2022 | 9.92 Bn |
| Dec 31, 2021 | 10.04 Bn |
| Sep 30, 2021 | 10.44 Bn |
API Access
Unitedhealth Intangibles 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=intangibles&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();