Unitedhealth (UNH) Invested Capital (2009 - 2026)
Unitedhealth's (UNH) quarterly Invested Capital came in at $6.5 billion in Q1 2026, down 35.14% year-on-year from $10.0 billion in Q1 2025, and up 6.72% on a QoQ basis from $6.1 billion in Q4 2025.
Unitedhealth (UNH) Invested Capital (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has 18 years of Invested Capital data on file, last reported at $6.5 billion in Q1 2026.
- On a quarterly basis, Invested Capital fell 35.14% year-over-year to $6.5 billion in Q1 2026; TTM through Mar 2026 was $26.0 billion, a 12.85% decrease from a year earlier, with the FY2025 full-year figure at $6.1 billion, up 33.53% from the prior year.
- Invested Capital for Q1 2026 stood at $6.5 billion, up from $6.1 billion in the prior quarter.
- Over the last five years, Invested Capital for UNH reached as high as $11.4 billion in Q2 2024 and fell as low as $3.1 billion in Q4 2022.
- Historically, Invested Capital has averaged $6.5 billion across 5 years, with a median of $6.1 billion in 2025.
- On a YoY basis, Invested Capital climbed as much as 97.93% in 2025 and fell as far as 49.89% in 2025.
- Year by year, Invested Capital stood at $3.1 billion in 2022, then soared by 37.43% to $4.3 billion in 2023, then rose by 6.34% to $4.5 billion in 2024, then soared by 33.53% to $6.1 billion in 2025, then increased by 6.72% to $6.5 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $6.5 billion in Q1 2026, $6.1 billion in Q4 2025, and $7.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 379.09 Bn | 347.87 Bn | 38.23 Bn | 6.48 Bn |
| 2 | Cvs Health | 136.99 Bn | 125.19 Bn | 22.85 Bn | 2.58 Bn |
| 3 | Elevance Health | 82.00 Bn | 46.05 Bn | 35.79 Bn | - |
| 4 | Cigna | 76.69 Bn | 68.84 Bn | -44.29 Bn | 1.53 Bn |
| 5 | Humana | 46.23 Bn | 24.26 Bn | 5.94 Bn | 1.72 Bn |
| 6 | Centene | 31.32 Bn | 7.57 Bn | 43.95 Bn | 63.00 Mn |
| 7 | Molina Healthcare | 10.34 Bn | 1.42 Bn | 1.43 Bn | - |
| 8 | Oscar Health | 8.49 Bn | 1.69 Bn | 1.42 Bn | - |
| 9 | Alignment Healthcare | 3.85 Bn | 3.12 Bn | 144.48 Mn | - |
| 10 | Progyny | 2.57 Bn | 2.35 Bn | 83.07 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.48 Bn |
| Dec 31, 2025 | 6.07 Bn |
| Sep 30, 2025 | 7.74 Bn |
| Jun 30, 2025 | 5.70 Bn |
| Mar 31, 2025 | 9.99 Bn |
| Dec 31, 2024 | 4.55 Bn |
| Sep 30, 2024 | 3.91 Bn |
| Jun 30, 2024 | 11.37 Bn |
| Mar 31, 2024 | 9.79 Bn |
| Dec 31, 2023 | 4.27 Bn |
| Sep 30, 2023 | 5.29 Bn |
| Jun 30, 2023 | 6.32 Bn |
| Mar 31, 2023 | 9.93 Bn |
| Dec 31, 2022 | 3.11 Bn |
| Sep 30, 2022 | 3.23 Bn |
| Jun 30, 2022 | 5.59 Bn |
| Mar 31, 2022 | 6.70 Bn |
| Dec 31, 2021 | 3.62 Bn |
| Sep 30, 2021 | 3.62 Bn |
| Jun 30, 2021 | 3.87 Bn |