Unitedhealth (UNH) Return on Capital Employed (2009 - 2026)
Unitedhealth (UNH) reported Return on Capital Employed of 9.56% for Q1 2026, down 800.0% year-over-year from 1.37% in Q1 2025, and little changed on a QoQ basis from 9.6% in Q4 2025.
Unitedhealth (UNH) has 18 years of Return on Capital Employed data on file, last reported at 9.56% in Q1 2026.
- Quarterly Return on Capital Employed fell 800.0% year-over-year to 9.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.56% (down 800.0% YoY) and the FY2025 annual result came in at 10.03%, down 769.0% from the prior year.
- Return on Capital Employed held at 9.56% in Q1 2026 per UNH's latest filing, from 9.6% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 19.96% in Q3 2022 and bottomed at 9.56% in Q1 2026.
- The 5-year median for Return on Capital Employed is 18.05% (2023), against an average of 16.81%.
- The widest annual swing landed in 2022, when Return on Capital Employed jumped 335 bps; it then sank 800 bps in 2026.
- Tracing UNH's Return on Capital Employed over 5 years: stood at 18.33% in 2022, then dropped by 1 bps to 18.09% in 2023, then slipped by 9 bps to 16.56% in 2024, then slumped by 42 bps to 9.6% in 2025, then declined by 0 bps to 9.56% in 2026.
- Per Business Quant, the three latest UNH Return on Capital Employed figures stand at 9.56% (Q1 2026), 9.6% (Q4 2025), and 13.42% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 9.56% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 4.42% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 3.02% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 2.93% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 7.99% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | -18.75% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 13.51% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | -24.87% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 8.12% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 19.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.56% |
| Dec 31, 2025 | 9.60% |
| Sep 30, 2025 | 13.42% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 17.57% |
| Dec 31, 2024 | 16.56% |
| Sep 30, 2024 | 16.85% |
| Jun 30, 2024 | 17.74% |
| Mar 31, 2024 | 18.45% |
| Dec 31, 2023 | 18.09% |
| Sep 30, 2023 | 18.91% |
| Jun 30, 2023 | 18.05% |
| Mar 31, 2023 | 19.95% |
| Dec 31, 2022 | 18.33% |
| Sep 30, 2022 | 19.96% |
| Jun 30, 2022 | 18.49% |
| Mar 31, 2022 | 18.81% |
| Dec 31, 2021 | 17.84% |
| Sep 30, 2021 | 16.61% |
| Jun 30, 2021 | 15.92% |
| Mar 31, 2021 | 20.03% |
| Dec 31, 2020 | 18.41% |
| Sep 30, 2020 | 19.17% |
| Jun 30, 2020 | 20.14% |
| Mar 31, 2020 | 19.29% |
| Dec 31, 2019 | 17.57% |
| Sep 30, 2019 | 17.70% |
| Jun 30, 2019 | 18.32% |
| Mar 31, 2019 | 18.54% |
| Dec 31, 2018 | 17.62% |
| Sep 30, 2018 | 17.44% |
| Jun 30, 2018 | 17.54% |
| Mar 31, 2018 | 19.90% |
| Dec 31, 2017 | 17.03% |
| Sep 30, 2017 | 17.76% |
| Jun 30, 2017 | 17.28% |
| Mar 31, 2017 | 18.47% |
| Dec 31, 2016 | 17.48% |
| Sep 30, 2016 | 17.31% |
| Jun 30, 2016 | 16.33% |
| Mar 31, 2016 | 16.61% |
| Dec 31, 2015 | 16.48% |
| Sep 30, 2015 | 18.90% |
| Jun 30, 2015 | 20.43% |
| Mar 31, 2015 | 20.48% |
| Dec 31, 2014 | 18.60% |
| Sep 30, 2014 | 18.34% |
| Jun 30, 2014 | 17.85% |
| Mar 31, 2014 | 18.16% |
| Dec 31, 2013 | 17.82% |
| Sep 30, 2013 | 17.44% |
| Jun 30, 2013 | 16.74% |
| Mar 31, 2013 | 16.56% |
| Dec 31, 2012 | 18.82% |
| Sep 30, 2012 | 19.33% |
| Jun 30, 2012 | 19.11% |
| Mar 31, 2012 | 19.99% |
| Dec 31, 2011 | 18.61% |
| Sep 30, 2011 | 20.53% |
| Jun 30, 2011 | 19.99% |
| Mar 31, 2011 | 20.34% |
| Dec 31, 2010 | 19.99% |
| Sep 30, 2010 | 20.48% |
| Jun 30, 2010 | 19.44% |
| Mar 31, 2010 | 18.45% |
| Dec 31, 2009 | 17.62% |
| Sep 30, 2009 | 16.42% |