Unitedhealth (UNH) Invested Capital (2009 - 2026)
Unitedhealth (UNH) reported Invested Capital of $110.4 billion for Q1 2026, little changed year-over-year from $110.8 billion in Q1 2025, and up 3.97% on a QoQ basis from $106.2 billion in Q4 2025.
Unitedhealth (UNH) has 18 years of Invested Capital data on file, last reported at $110.4 billion in Q1 2026.
- Quarterly Invested Capital changed 0.38% year-over-year to $110.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $110.4 billion (changed 0.38% YoY) and the FY2025 annual result came in at $106.2 billion, up 3.25% from the prior year.
- Invested Capital improved to $110.4 billion in Q1 2026 per UNH's latest filing, from $106.2 billion in the prior quarter.
- Across five years, Invested Capital topped out at $110.8 billion in Q1 2025 and bottomed at $81.3 billion in Q3 2022.
- The 5-year median for Invested Capital is $102.2 billion (2024), against an average of $98.3 billion.
- The widest annual swing landed in 2023, when Invested Capital increased 16.72%; it then decreased 0.38% in 2026.
- Tracing UNH's Invested Capital over 5 years: stood at $84.6 billion in 2022, then advanced by 16.72% to $98.7 billion in 2023, then gained by 4.17% to $102.8 billion in 2024, then rose by 3.25% to $106.2 billion in 2025, then gained by 3.97% to $110.4 billion in 2026.
- Per Business Quant, the three latest UNH Invested Capital figures stand at $110.4 billion (Q1 2026), $106.2 billion (Q4 2025), and $109.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 110.37 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 80.22 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 75.02 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 43.97 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 20.37 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 21.57 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 4.08 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 2.06 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 530.50 Mn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 439.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 110.37 Bn |
| Dec 31, 2025 | 106.16 Bn |
| Sep 30, 2025 | 109.31 Bn |
| Jun 30, 2025 | 106.17 Bn |
| Mar 31, 2025 | 110.80 Bn |
| Dec 31, 2024 | 102.81 Bn |
| Sep 30, 2024 | 103.79 Bn |
| Jun 30, 2024 | 106.05 Bn |
| Mar 31, 2024 | 102.16 Bn |
| Dec 31, 2023 | 98.70 Bn |
| Sep 30, 2023 | 94.85 Bn |
| Jun 30, 2023 | 93.69 Bn |
| Mar 31, 2023 | 95.75 Bn |
| Dec 31, 2022 | 84.56 Bn |
| Sep 30, 2022 | 81.29 Bn |
| Jun 30, 2022 | 81.80 Bn |
| Mar 31, 2022 | 82.83 Bn |
| Dec 31, 2021 | 78.67 Bn |
| Sep 30, 2021 | 76.88 Bn |
| Jun 30, 2021 | 75.89 Bn |
| Mar 31, 2021 | 78.15 Bn |
| Dec 31, 2020 | 73.15 Bn |
| Sep 30, 2020 | 72.00 Bn |
| Jun 30, 2020 | 72.67 Bn |
| Mar 31, 2020 | 75.69 Bn |
| Dec 31, 2019 | 64.31 Bn |
| Sep 30, 2019 | 64.14 Bn |
| Jun 30, 2019 | 63.65 Bn |
| Mar 31, 2019 | 58.37 Bn |
| Dec 31, 2018 | 56.29 Bn |
| Sep 30, 2018 | 54.10 Bn |
| Jun 30, 2018 | 53.74 Bn |
| Mar 31, 2018 | 57.42 Bn |
| Dec 31, 2017 | 52.69 Bn |
| Sep 30, 2017 | 51.85 Bn |
| Jun 30, 2017 | 51.08 Bn |
| Mar 31, 2017 | 51.74 Bn |
| Dec 31, 2016 | 45.37 Bn |
| Sep 30, 2016 | 44.76 Bn |
| Jun 30, 2016 | 42.65 Bn |
| Mar 31, 2016 | 41.57 Bn |
| Dec 31, 2015 | 40.36 Bn |
| Sep 30, 2015 | 38.89 Bn |
| Jun 30, 2015 | 35.71 Bn |
| Mar 31, 2015 | 34.68 Bn |
| Dec 31, 2014 | 33.85 Bn |
| Sep 30, 2014 | 35.53 Bn |
| Jun 30, 2014 | 35.05 Bn |
| Mar 31, 2014 | 34.79 Bn |
| Dec 31, 2013 | 46.95 Bn |
| Sep 30, 2013 | 33.91 Bn |
| Jun 30, 2013 | 32.47 Bn |
| Mar 31, 2013 | 34.15 Bn |
| Dec 31, 2012 | 44.78 Bn |
| Sep 30, 2012 | 31.49 Bn |
| Jun 30, 2012 | 30.84 Bn |
| Mar 31, 2012 | 2.24 Bn |
| Dec 31, 2011 | 29.27 Bn |
| Sep 30, 2011 | 30.24 Bn |
| Jun 30, 2011 | 29.05 Bn |
| Mar 31, 2011 | 28.86 Bn |
| Dec 31, 2010 | 2.76 Bn |
| Sep 30, 2010 | 28.54 Bn |
| Jun 30, 2010 | 27.51 Bn |
| Mar 31, 2010 | 26.84 Bn |
| Dec 31, 2009 | 25.77 Bn |
| Sep 30, 2009 | 23.40 Bn |
| Jun 30, 2009 | 22.56 Bn |
| Mar 31, 2009 | 21.38 Bn |