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EBITDA for UnitedHealth Group (UNH)

According to UnitedHealth Group's latest reported financial statements, the company's current EBITDA (TTM) is $22.99B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$22.99B

YoY change

-17.9%

5Y CAGR

-1.8%

Peak year (1999)

$38.41B

Cumulative EBITDA

$429.47B

EBITDA history chart for UnitedHealth Group (UNH) from 1985 to 2025

EBITDA history table for UnitedHealth Group (UNH) from 1985 to 2025

Fiscal yearPeriod endedReportedEBITDAYoY
2025$23.06B-17.9%
2024$28.08B-22.7%
2023$36.33B+14.1%
2022$31.84B+17.6%
2021$27.07B+7.0%
2020$25.30B+12.9%
2019$22.41B+13.3%
2018$19.77B+13.3%
2017$17.45B+16.5%
2016$14.98B+17.9%
2015$12.71B+8.2%
2014$11.75B+6.9%
2013$11.00B+4.1%
2012$10.56B+10.2%
2011$9.59B+7.4%
2010$8.93B+21.5%
2009$7.35B+17.7%
2008$6.24B-27.8%
2007$8.64B+12.9%
2006$7.65B+38.3%
2005$5.53B+23.6%
2004$4.47B-85.1%
2003$30.00B+1128.8%
2002$2.44B+33.3%
2001$1.83B+26.5%
2000$1.45B-96.2%
1999$38.41B+4325.6%
1998$868.00M-2.3%
1997$888.00M+19.3%
1996$744.54M+5.0%
1995$709.04M+17.0%
1994$606.07M+70.2%
1993$356.10M+70.5%
1992$208.80M+61.4%
1991$129.40M+96.4%
1990$65.90M+95.5%
1989$33.70M+5516.7%
1988$600,000-104.7%
1987-$12.90M-209.3%
1986$11.80M+107.0%
1985$5.70M

EBITDA values are taken from UnitedHealth Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2025's annual EBITDA for UnitedHealth Group (UNH) came in at $23.06B – declined 17.9% year-over-year.

Looking at the 2020–2025 (5 years) stretch, UnitedHealth Group EBITDA compounded at -1.8% per year, with a net decline across the window.

Between 1999 and 2025, UnitedHealth Group EBITDA plunged 40.0%, falling from $38.41B to $23.06B.

The dataset's maximum EBITDA sits at $38.41B (1999); the minimum reading of -$12.90M dates to 1987.

UnitedHealth Group (UNH) sits 5th of 8 Healthcare peers we track on this metric, against a peer median of $22.59B.

UnitedHealth Group EBITDA by Year

UnitedHealth Group EBITDA 2025: $23.06B

UnitedHealth Group EBITDA in 2025 was $23.06B, declined 17.9% below 2024.

UnitedHealth Group EBITDA 2024: $28.08B

UnitedHealth Group EBITDA in 2024 was $28.08B, declined 22.7% below 2023.

UnitedHealth Group EBITDA 2023: $36.33B

UnitedHealth Group EBITDA in 2023 was $36.33B, grew 14.1% from 2022.

UnitedHealth Group EBITDA 2022: $31.84B

UnitedHealth Group EBITDA in 2022 was $31.84B, grew 17.6% from 2021.

UnitedHealth Group EBITDA 2021: $27.07B

UnitedHealth Group EBITDA in 2021 was $27.07B.

See more financial history for UnitedHealth Group (UNH).

Sector peers — EBITDA

Companies in the same sector as UnitedHealth Group, ranked by their latest EBITDA.

CompanyEBITDASector
Novo Nordisk A/S (NVO)$156.73BHealthcare
Johnson & Johnson (JNJ)$41.05BHealthcare
Eli Lilly and Company (LLY)$27.94BHealthcare
Merck & Co., Inc. (MRK)$25.36BHealthcare
AstraZeneca PLC (AZN)$19.83BHealthcare
AbbVie Inc. (ABBV)$17.63BHealthcare
Amgen Inc. (AMGN)$15.84BHealthcare
Thermo Fisher Scientific Inc. (TMO)$11.47BHealthcare

Frequently asked questions

What is UnitedHealth Group's EBITDA?

Latest reported EBITDA for UnitedHealth Group (UNH) is $22.99B (period ending March 31, 2026).

How has UnitedHealth Group EBITDA changed year-over-year?

UnitedHealth Group (UNH) EBITDA changed -17.9% year-over-year on the latest annual filing.

What is the long-term growth rate of UnitedHealth Group EBITDA?

UnitedHealth Group (UNH) EBITDA compound annual growth rate is -1.8% over the most recent 5 years available.

When did UnitedHealth Group EBITDA hit its highest annual value?

UnitedHealth Group EBITDA reached its highest annual value of $38.41B in 1999.

What was UnitedHealth Group EBITDA in 2024?

UnitedHealth Group (UNH) EBITDA in 2024 was $28.08B.

What was UnitedHealth Group EBITDA in 2025?

UnitedHealth Group (UNH) EBITDA in 2025 was $23.06B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.