Unitedhealth (UNH) Payout Ratio (2012 - 2026)
Unitedhealth's Payout Ratio was 0.57 in Q2 2026, up 56.9% from 0.37 a year earlier but down 13.8% from the prior quarter.
Powered by 
Analysis
Unitedhealth (UNH) Payout Ratio (2012 - 2026) Analysis & Trends
For FY2025, Payout Ratio at Unitedhealth came in at 0.66, up 25.6% from FY2024.
- Payout Ratio has now increased for three consecutive years.
- In earlier years, Payout Ratio was 0.52 in FY2024 (+73.1%), 0.30 in FY2023 (+1.5%), 0.30 in FY2022 (-2.5%) and 0.31 in FY2021 (+2.6%).
- Quarterly Payout Ratio has moved between 0.30 (Q4 2022) and 0.66 (Q1 2026) over five years.
- Compared with a year earlier, Payout Ratio has increased for three straight quarters, with growth averaging 31.5% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was Q1 2026 (growth of 90.5%); the worst was Q2 2025 (a decline of 27.8%).
- Per Business Quant data, UNH's Payout Ratio in the three quarters before Q2 2026 was 0.66 (Q1 2026), 0.66 (Q4 2025) and 0.45 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 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 |
| 10 | Molina Healthcare | 9.83 Bn | -25.04 Bn | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.57 |
| Mar 31, 2026 | 0.66 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | 0.51 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.33 |
API Access
Unitedhealth Payout Ratio 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=payout-ratio&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();