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| 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% |