Unitedhealth (UNH) Return on Capital Employed (2009 - 2026)

Unitedhealth's (UNH) quarterly Return on Capital Employed came in at 9.56% in Q1 2026, down 800.0% year-on-year from 1.37% in Q1 2025, and little changed on a QoQ basis from 9.6% in Q4 2025.

Unitedhealth (UNH) Return on Capital Employed (2009 - 2026) Analysis & Trends

Unitedhealth (UNH) has 18 years of Return on Capital Employed data on file, last reported at 9.56% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 800.0% year-over-year to 9.56% in Q1 2026; TTM through Mar 2026 was 9.56%, a 800.0% decrease from a year earlier, with the FY2025 full-year figure at 10.03%, down 769.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 9.56%, roughly flat from 9.6% in the prior quarter.
  • Over the last five years, Return on Capital Employed for UNH reached as high as 19.96% in Q3 2022 and fell as low as 9.56% in Q1 2026.
  • Historically, Return on Capital Employed has averaged 16.81% across 5 years, with a median of 18.05% in 2023.
  • Across the five-year window, Return on Capital Employed jumped 335 bps in 2022 and sank 800 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 18.33% in 2022, then slipped by 1 bps to 18.09% in 2023, then decreased by 9 bps to 16.56% in 2024, then sank by 42 bps to 9.6% in 2025, then dropped by 0 bps to 9.56% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 9.56% in Q1 2026, 9.6% in Q4 2025, and 13.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 9.56%
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 1.53%
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 3.16%
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 10.91%
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 7.99%
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn -18.75%
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 2.57%
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn -24.87%
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 8.12%
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 19.91%

Historic Data

Download Data
DateValue
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%