Unitedhealth (UNH) Shares Outstanding (2009 - 2026)
Unitedhealth (UNH) posted Weighted Average Shares Outstanding of 897 million for Q3 2026, down 1.0% from 906 million a year earlier and down 0.6% from the prior quarter.
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Analysis
Unitedhealth (UNH) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Unitedhealth's Weighted Average Shares Outstanding came in at 908 million, down 1.4% from FY2024.
- Annual Weighted Average Shares Outstanding has declined for eight consecutive years, with a five-year compound annual growth rate of -0.9% (FY2020 to FY2025).
- In prior years, Unitedhealth's Weighted Average Shares Outstanding was 921 million in FY2024 (-0.8%), 928 million in FY2023 (-1.0%), 937 million in FY2022 (-0.6%) and 943 million in FY2021 (-0.6%).
- The Q3 2026 figure stands as the lowest quarterly Weighted Average Shares Outstanding in data going back to Q1 2009.
- On a year-over-year basis, Weighted Average Shares Outstanding has declined in each of the last 24 quarters, with an average decline of 1.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in Weighted Average Shares Outstanding ranged from 0.3% (Q3 2024) to 1.8% (Q3 2025).
- According to Business Quant data, Weighted Average Shares Outstanding for the three prior quarters was 902 million (Q2 2026), 908 million (Q1 2026) and 908 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 365.22 Bn | 251.88 Bn | 35.71 Bn | 897.00 Mn |
| 2 | Mckesson | 127.33 Bn | 111.26 Bn | 3.96 Bn | 116.30 Mn |
| 3 | Cvs Health | 114.34 Bn | 63.29 Bn | 47.21 Bn | 1.28 Bn |
| 4 | Elevance Health | 92.86 Bn | -49.61 Bn | 13.65 Bn | 216.60 Mn |
| 5 | Cigna | 78.25 Bn | 47.45 Bn | 15.09 Bn | 262.79 Mn |
| 6 | Cencora | 68.51 Bn | 68.51 Bn | 3.60 Bn | 193.15 Mn |
| 7 | Cardinal Health | 64.97 Bn | 48.29 Bn | 2.60 Bn | 232.00 Mn |
| 8 | Humana | 54.10 Bn | -36.68 Bn | 4.83 Bn | 120.09 Mn |
| 9 | Centene | 35.04 Bn | -39.00 Bn | 8.24 Bn | 493.12 Mn |
| 10 | Molina Healthcare | 10.90 Bn | -24.10 Bn | 1.36 Bn | 51.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 897.00 Mn |
| Jun 30, 2026 | 902.00 Mn |
| Mar 31, 2026 | 908.00 Mn |
| Dec 31, 2025 | 908.00 Mn |
| Sep 30, 2025 | 906.00 Mn |
| Jun 30, 2025 | 907.00 Mn |
| Mar 31, 2025 | 912.00 Mn |
| Dec 31, 2024 | 921.00 Mn |
| Sep 30, 2024 | 923.00 Mn |
| Jun 30, 2024 | 921.00 Mn |
| Mar 31, 2024 | 922.00 Mn |
| Dec 31, 2023 | 928.00 Mn |
| Sep 30, 2023 | 926.00 Mn |
| Jun 30, 2023 | 930.00 Mn |
| Mar 31, 2023 | 933.00 Mn |
| Dec 31, 2022 | 937.00 Mn |
| Sep 30, 2022 | 935.00 Mn |
| Jun 30, 2022 | 937.00 Mn |
| Mar 31, 2022 | 941.00 Mn |
| Dec 31, 2021 | 943.00 Mn |
API Access
Unitedhealth Shares Outstanding 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=shares-outstanding&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();