UnitedHealth Group Incorporated

UNH Healthcare Healthcare Plans

UnitedHealth Group Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $447.6 billion, up 11.8% from fiscal 2024. In the quarter to September 2026, revenue was flat, EPS grew 61.5%, free cash flow fell 15.7% and total debt fell 5.09%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for ten.

401.43 5.24 −1.29%
Market cap
$365.0B
P/E
25.8×
Fwd P/E
23.3×
Dividend yield
2.26%
F-score
6/9
Altman Z
2.84
Beneish M
−2.41
Dividend safety
76/100

UnitedHealth Group Incorporated (UNH) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, UnitedHealth Group Incorporated (UNH) trades at a price to free cash flow of 15.9×. Over the past ten years it has ranged from 8.5× (August 2025) to 89.7× (September 2024); the current reading is higher than 37% of that period. That is above the Healthcare Plans industry median of 11.8× and below the Healthcare sector median of 20.2×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 18.6× (17.13%)
FY2024 22.5× 15.46%
FY2023 19.5× (6.14%)
FY2022 20.8× (12.78%)
FY2021 23.8× 43.96%
FY2020 16.5× (3.03%)
FY2019 17.1× (2.96%)
FY2018 17.6× (4.60%)
FY2017 18.4× (3.04%)
FY2016 19.0× 38.69%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 14.5× (8.62%)
Jun 2026 15.9× 27.06%
Mar 2026 12.5× (33.00%)
Dec 2025 18.6× 3.54%
43 more quarters

Against its own ten years

Low 8.5× High 89.7×
Ten-year median 16.8×
Current reading's percentile 37

Price to free cash flow against peers

Company Price to free cash flow
OSCR Oscar Health, Inc. compare 2.2×
CNC Centene Corporation compare 3.8×
CI Cigna Group compare 8.7×
CVS CVS Health Corporation compare 10.0×
ELV Elevance Health, Inc. compare 14.8×
UNH UnitedHealth Group Incorporated 15.9×
HUM Humana Inc. compare 25.2×
CLOV Clover Health Investments, Corp. compare 31.6×
MOH Molina Healthcare, Inc compare 39.1×
Healthcare Plans industry median 11.8×
Healthcare sector median 20.2×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on UNH