Unitedhealth (UNH) Return on Assets [ROA] (2009 - 2026)
Unitedhealth's Return on Assets [ROA] came in at 4.79% for Q2 2026, down 2.35 percentage points from 7.14% a year earlier but up 0.67 percentage points from the prior quarter.
Unitedhealth (UNH) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Unitedhealth's Return on Assets [ROA] was 4.21%, down 1.12 percentage points from FY2024.
- Return on Assets [ROA] has declined in each of the last three years, with a five-year change of -4.28 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 5.33% in FY2024 (-3.58 pp), 8.91% in FY2023 (-0.10 pp), 9.01% in FY2022 (+0.35 pp) and 8.66% in FY2021 (+0.16 pp).
- The five-year range for quarterly Return on Assets [ROA] is 4.10% (Q4 2025) to 8.45% (Q4 2022).
- Year-over-year, Return on Assets [ROA] has declined for three consecutive quarters, with an average year-over-year change of -1.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q2 2025 (a gain of 1.91 percentage points), and the weakest in Q1 2026 (a drop of 3.43 percentage points).
- Business Quant data shows UNH's Return on Assets [ROA] at 4.12% (Q1 2026), 4.10% (Q4 2025) and 5.89% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 4.79% |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 1.93% |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 6.21% |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | 3.92% |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 4.50% |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 3.19% |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 2.99% |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 2.30% |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | -6.22% |
| 10 | Molina Healthcare | 9.86 Bn | -25.01 Bn | 1.43 Bn | -0.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.79% |
| Mar 31, 2026 | 4.12% |
| Dec 31, 2025 | 4.10% |
| Sep 30, 2025 | 5.89% |
| Jun 30, 2025 | 7.14% |
| Mar 31, 2025 | 7.54% |
| Dec 31, 2024 | 5.10% |
| Sep 30, 2024 | 5.17% |
| Jun 30, 2024 | 5.23% |
| Mar 31, 2024 | 5.79% |
| Dec 31, 2023 | 8.33% |
| Sep 30, 2023 | 7.96% |
| Jun 30, 2023 | 7.71% |
| Mar 31, 2023 | 8.03% |
| Dec 31, 2022 | 8.45% |
| Sep 30, 2022 | 8.42% |
| Jun 30, 2022 | 8.30% |
| Mar 31, 2022 | 8.26% |
| Dec 31, 2021 | 8.34% |
| Sep 30, 2021 | 7.51% |
Unitedhealth Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=UNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();