Unitedhealth (UNH) Return on Equity [ROE] (2009 - 2026)
Unitedhealth's Return on Equity [ROE] was 15.98% in Q3 2026, down 2.21 percentage points from 18.19% a year earlier but up 1.67 percentage points from the prior quarter.
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Analysis
Unitedhealth (UNH) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Unitedhealth came in at 12.91%, down 2.91 percentage points from FY2024.
- Return on Equity [ROE] has now declined for three consecutive years, with a five-year change of -11.58 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 15.82% in FY2024 (-10.50 pp), 26.32% in FY2023 (-0.06 pp), 26.38% in FY2022 (+1.64 pp) and 24.74% in FY2021 (+0.24 pp).
- Quarterly Return on Equity [ROE] has moved between 12.56% (Q1 2026) and 25.88% (Q4 2022) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for four straight quarters, with an average year-over-year change of -2.30 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q2 2025 (a gain of 6.00 percentage points); the worst was Q1 2026 (a drop of 10.48 percentage points).
- Per Business Quant data, UNH's Return on Equity [ROE] in the three quarters before Q3 2026 was 14.31% (Q2 2026), 12.56% (Q1 2026) and 12.70% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 360.06 Bn | 240.69 Bn | 35.71 Bn | 15.98% |
| 2 | Mckesson | 127.13 Bn | 108.51 Bn | 3.96 Bn | - |
| 3 | Cvs Health | 112.93 Bn | 61.69 Bn | 47.21 Bn | 13.76% |
| 4 | Elevance Health | 92.11 Bn | -50.47 Bn | 13.65 Bn | 11.36% |
| 5 | Cigna | 76.91 Bn | 45.77 Bn | 15.09 Bn | 15.49% |
| 6 | Cencora | 68.64 Bn | 68.64 Bn | 3.60 Bn | 101.19% |
| 7 | Cardinal Health | 65.08 Bn | 48.24 Bn | 2.60 Bn | - |
| 8 | Humana | 53.29 Bn | -37.50 Bn | 4.83 Bn | 6.61% |
| 9 | Centene | 33.98 Bn | -40.15 Bn | 8.24 Bn | -32.52% |
| 10 | Molina Healthcare | 10.56 Bn | -24.45 Bn | 1.36 Bn | -1.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.98% |
| Jun 30, 2026 | 14.31% |
| Mar 31, 2026 | 12.56% |
| Dec 31, 2025 | 12.70% |
| Sep 30, 2025 | 18.19% |
| Jun 30, 2025 | 21.95% |
| Mar 31, 2025 | 23.04% |
| Dec 31, 2024 | 15.38% |
| Sep 30, 2024 | 15.56% |
| Jun 30, 2024 | 15.95% |
| Mar 31, 2024 | 17.29% |
| Dec 31, 2023 | 25.16% |
| Sep 30, 2023 | 25.29% |
| Jun 30, 2023 | 25.09% |
| Mar 31, 2023 | 25.43% |
| Dec 31, 2022 | 25.88% |
| Sep 30, 2022 | 25.83% |
| Jun 30, 2022 | 24.59% |
| Mar 31, 2022 | 23.68% |
| Dec 31, 2021 | 23.91% |
API Access
Unitedhealth Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();