Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 23.68% is in line with its 5-year average of 24.03%, around the middle of its 5-year range (20.02%–26.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.30% below its 12-month average of 25.00%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.68%
DEBT TO ASSETS RATIO AVG TTM
25.00%
DEBT TO ASSETS RATIO AVG 3Y
25.27%
DEBT TO ASSETS RATIO AVG 5Y
24.03%
DEBT TO ASSETS RATIO AVG 10Y
24.06%
DEBT TO ASSETS RATIO AVG 15Y
22.97%
DEBT TO ASSETS RATIO AVG 20Y
22.12%
CURRENT VS TTM AVG
-5.30%
CURRENT VS 3Y AVG
-6.33%
CURRENT VS 5Y AVG
-1.46%
CURRENT VS 10Y AVG
-1.59%
CURRENT VS 15Y AVG
+3.05%
CURRENT VS 20Y AVG
+7.03%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+8063.81%
vs the sector median at left
UnitedHealth Group Incorporated
Market Cap
$382.09B
Debt to Assets Ratio
23.68%
TTM Avg
25.00%
3Y Avg
25.27%
5Y Avg
24.03%
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UnitedHealth Group Incorporated (UNH) | $382.09B | 23.68% | 25.00% | 25.27% | 24.03% |
| Elevance Health Inc. (ELV)vs › | $81.91B | 0.27% | N/A | N/A | N/A |
| Cigna Corporation (CI)vs › | $76.60B | 0.20% | N/A | N/A | N/A |
| Humana Inc. (HUM)vs › | $46.74B | 0.27% | N/A | N/A | N/A |
| CVS Health Corp. (CVS)vs › | $137.47B | 0.36% | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $31.31B | 0.24% | N/A | N/A | N/A |
Debt/Assets
23.7%
Debt/Equity
0.83
Current Ratio
0.79
Interest Coverage
4.7x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 23.68% |
| 2026-03-31 | 24.92% |
| 2025-12-31 | 25.32% |
| 2025-09-30 | 25.42% |
| 2025-06-30 | 25.66% |
| 2025-03-31 | 26.23% |
| 2024-12-31 | 25.78% |
| 2024-09-30 | 26.06% |
| 2024-06-30 | 26.25% |
| 2024-03-31 | 25.91% |
| 2023-12-31 | 24.64% |
| 2023-09-30 | 22.47% |
| 2023-06-30 | 23.41% |
| 2023-03-31 | 24.88% |
| 2022-12-31 | 23.45% |
| 2022-09-30 | 20.02% |
| 2022-06-30 | 22.33% |
| 2022-03-31 | 21.47% |
| 2021-12-31 | 21.68% |
| 2021-09-30 | 22.04% |
| 2021-06-30 | 22.93% |
| 2021-03-31 | 22.55% |
| 2020-12-31 | 22.03% |
| 2020-09-30 | 22.93% |
| 2020-06-30 | 23.93% |
| 2020-03-31 | 27.30% |
| 2019-12-31 | 23.39% |
| 2019-09-30 | 25.84% |
| 2019-06-30 | 25.28% |
| 2019-03-31 | 23.78% |
| 2018-12-31 | 24.01% |
| 2018-09-30 | 22.21% |
| 2018-06-30 | 22.67% |
| 2018-03-31 | 22.87% |
| 2017-12-31 | 22.79% |
| 2017-09-30 | 20.84% |
| 2017-06-30 | 23.13% |
| 2017-03-31 | 24.72% |
| 2016-12-31 | 26.88% |
| 2016-09-30 | 26.87% |
| 2016-06-30 | 27.76% |
| 2016-03-31 | 28.61% |
| 2015-12-31 | 28.81% |
| 2015-09-30 | 29.35% |
| 2015-06-30 | 19.77% |
| 2015-03-31 | 20.48% |
| 2014-12-31 | 20.15% |
| 2014-09-30 | 20.51% |
| 2014-06-30 | 19.59% |
| 2014-03-31 | 19.81% |
| 2013-12-31 | 20.59% |
| 2013-09-30 | 20.50% |
| 2013-06-30 | 20.73% |
| 2013-03-31 | 21.71% |
| 2012-12-31 | 20.71% |
| 2012-09-30 | 18.13% |
| 2012-06-30 | 17.17% |
| 2012-03-31 | 17.68% |
| 2011-12-31 | 17.14% |
| 2011-09-30 | 16.81% |
| 2011-06-30 | 16.84% |
| 2011-03-31 | 17.82% |
| 2010-12-31 | 21.41% |
| 2010-09-30 | 17.46% |
| 2010-06-30 | 21.57% |
| 2010-03-31 | 21.58% |
| 2009-12-31 | 18.92% |
| 2009-09-30 | 19.48% |
| 2009-06-30 | 20.97% |
| 2009-03-31 | 20.93% |
| 2008-12-31 | 22.92% |
| 2008-09-30 | 23.86% |
| 2008-06-30 | 24.28% |
| 2008-03-31 | 24.69% |
| 2007-12-31 | 21.63% |
| 2007-09-30 | 16.11% |
| 2007-06-30 | 15.86% |
| 2007-03-31 | 13.83% |
| 2006-12-31 | 15.43% |
| 2006-09-30 | 15.78% |
| 2006-06-30 | 15.79% |
| 2006-03-31 | 16.69% |
| 2005-12-31 | 17.19% |
| 2005-09-30 | 15.09% |
| 2005-06-30 | 14.90% |
| 2005-03-31 | 15.06% |
| 2004-12-31 | 14.43% |
| 2004-09-30 | 13.98% |
| 2004-06-30 | 11.49% |
| 2004-03-31 | 11.51% |
| 2003-12-31 | 11.22% |
| 2003-09-30 | 11.74% |
| 2003-06-30 | 11.79% |
| 2003-03-31 | 12.47% |
| 2002-12-31 | 12.43% |
| 2002-09-30 | 12.21% |