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 .
Currently viewingEBITDASwitch metric
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 year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 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.
| Company | EBITDA | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $156.73B | Healthcare |
| Johnson & Johnson (JNJ) | $41.05B | Healthcare |
| Eli Lilly and Company (LLY) | $27.94B | Healthcare |
| Merck & Co., Inc. (MRK) | $25.36B | Healthcare |
| AstraZeneca PLC (AZN) | $19.83B | Healthcare |
| AbbVie Inc. (ABBV) | $17.63B | Healthcare |
| Amgen Inc. (AMGN) | $15.84B | Healthcare |
| Thermo Fisher Scientific Inc. (TMO) | $11.47B | Healthcare |
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.
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