Unitedhealth (UNH) Total Debt (2009 - 2026)
Unitedhealth (UNH) reported Total Debt of $73.33 billion for Q2 2026, down 7.4% from $79.19 billion a year earlier and down 5.9% from the prior quarter.
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Analysis
Unitedhealth (UNH) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Unitedhealth posted Total Debt of $78.39 billion, up 1.9% from FY2024.
- Total Debt has increased for eight consecutive years, with a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- By year, Total Debt came in at $76.9 billion in FY2024 (+23.0%), $62.54 billion in FY2023 (+8.5%), $57.62 billion in FY2022 (+25.3%) and $46 billion in FY2021 (+5.8%).
- The Q2 2026 figure ranks as the lowest quarterly Total Debt since Q4 2023.
- Year over year, Total Debt gained in six of the last eight quarters, with growth averaging 6.9%.
- The high point for year-over-year Total Debt in five years was Q1 2023 (growth of 48.6%); the low point was Q2 2026 (a decline of 7.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $77.92 billion (Q1 2026), $78.39 billion (Q4 2025) and $80.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 339.33 Bn | 223.96 Bn | 36.67 Bn | 73.33 Bn |
| 2 | Cvs Health | 111.30 Bn | 63.91 Bn | 47.23 Bn | 61.41 Bn |
| 3 | Mckesson | 100.82 Bn | 87.28 Bn | 3.69 Bn | 9.73 Bn |
| 4 | Elevance Health | 85.16 Bn | -56.58 Bn | 13.45 Bn | 31.04 Bn |
| 5 | Cigna | 72.72 Bn | 42.26 Bn | 14.97 Bn | 31.88 Bn |
| 6 | Cencora | 58.70 Bn | 47.79 Bn | 3.61 Bn | 11.72 Bn |
| 7 | Cardinal Health | 52.08 Bn | 36.08 Bn | 2.56 Bn | 8.89 Bn |
| 8 | Humana | 46.46 Bn | -41.34 Bn | 5.50 Bn | 14.60 Bn |
| 9 | Centene | 30.74 Bn | -59.55 Bn | 14.55 Bn | 16.11 Bn |
| 10 | Molina Healthcare | 9.85 Bn | -25.02 Bn | 1.43 Bn | 3.77 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.33 Bn |
| Mar 31, 2026 | 77.92 Bn |
| Dec 31, 2025 | 78.39 Bn |
| Sep 30, 2025 | 80.14 Bn |
| Jun 30, 2025 | 79.19 Bn |
| Mar 31, 2025 | 81.27 Bn |
| Dec 31, 2024 | 76.90 Bn |
| Sep 30, 2024 | 78.01 Bn |
| Jun 30, 2024 | 75.10 Bn |
| Mar 31, 2024 | 73.64 Bn |
| Dec 31, 2023 | 62.54 Bn |
| Sep 30, 2023 | 63.37 Bn |
| Jun 30, 2023 | 65.59 Bn |
| Mar 31, 2023 | 70.59 Bn |
| Dec 31, 2022 | 57.62 Bn |
| Sep 30, 2022 | 48.67 Bn |
| Jun 30, 2022 | 51.39 Bn |
| Mar 31, 2022 | 47.49 Bn |
| Dec 31, 2021 | 46.00 Bn |
| Sep 30, 2021 | 46.97 Bn |
API Access
Unitedhealth Total Debt 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=total-debt&ticker=UNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=UNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();