UnitedHealth Group Incorporated (UNH) EV/EBITDA Ratio: 18.26x
Is UnitedHealth Group Incorporated’s EV/EBITDA ratio high or low?
UnitedHealth Group Incorporated's EV/EBITDA ratio of 18.26x is 14% above its 5-year average of 15.98x, near the high end of its 5-year range (7.39x–22.47x).
The EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH) is 18.26x as of Wednesday, June 10, 2026. It is above its 12-month average by 54.78% (11.80x).
UNH EV/EBITDA Ratio Chart
UNH Average EV/EBITDA Ratio Chart
UNH Current vs Average EV/EBITDA Ratio Chart
UNH EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
18.26x
EV/EBITDA RATIO AVG TTM
11.80x
EV/EBITDA RATIO AVG 3Y
14.99x
EV/EBITDA RATIO AVG 5Y
15.98x
EV/EBITDA RATIO AVG 10Y
14.66x
EV/EBITDA RATIO AVG 15Y
12.43x
EV/EBITDA RATIO AVG 20Y
11.05x
CURRENT VS TTM AVG
+54.78%
CURRENT VS 3Y AVG
+21.78%
CURRENT VS 5Y AVG
+14.24%
CURRENT VS 10Y AVG
+24.56%
CURRENT VS 15Y AVG
+46.87%
CURRENT VS 20Y AVG
+65.30%
UNH Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UnitedHealth Group Incorporated (UNH) | $368.44B | 18.26x | 11.80x | 14.99x | 15.98x |
| Elevance Health Inc. (ELV) | $87.43B | 12.44x | 10.05x | 11.31x | 12.23x |
| Cigna Corporation (CI) | $78.25B | 8.55x | 8.37x | 9.19x | 9.50x |
| Humana Inc. (HUM) | $43.78B | 18.61x | 11.68x | 11.33x | 12.36x |
| CVS Health Corporation (CVS) | $125.16B | 17.45x | 14.88x | 11.86x | 12.00x |
| Centene Corporation (CNC) | $31.94B | N/A | 4.99x | 7.28x | 9.49x |
EV/EBITDA vs. its own history
At 18.3, EV/EBITDA is richer than usual — richer than 93% of its 20-year range.
20-year low
3.9
median
11.3
20-year high
22.5
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
UnitedHealth Group Incorporated EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
UnitedHealth Group Incorporated EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The EV/EBITDA ratio for UNH stock is 18.26x.
- Is UnitedHealth Group Incorporated's EV/EBITDA ratio high or low?
- UnitedHealth Group Incorporated's EV/EBITDA ratio of 18.26x is 14% above its 5-year average of 15.98x, near the high end of its 5-year range (7.39x–22.47x).
- What is the TTM average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The TTM average EV/EBITDA ratio for UNH stock is 11.80x.
- What is the 3Y average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The 3Y average EV/EBITDA ratio for UNH stock is 14.99x.
- What is the 5Y average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The 5Y average EV/EBITDA ratio for UNH stock is 15.98x.
- What is the 10Y average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The 10Y average EV/EBITDA ratio for UNH stock is 14.66x.
- What is the 15Y average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The 15Y average EV/EBITDA ratio for UNH stock is 12.43x.
- What is the 20Y average EV/EBITDA ratio for UnitedHealth Group Incorporated (UNH)?
- The 20Y average EV/EBITDA ratio for UNH stock is 11.05x.
UnitedHealth Group Incorporated EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 18.26x |
| 2026-06-09 | 18.52x |
| 2026-06-08 | 18.27x |
| 2026-06-05 | 17.99x |
| 2026-06-04 | 17.87x |
| 2026-06-03 | 17.10x |
| 2026-06-02 | 17.13x |
| 2026-06-01 | 17.21x |
| 2026-05-29 | 17.23x |
| 2026-05-28 | 17.32x |
| 2026-05-27 | 17.37x |
| 2026-05-26 | 17.09x |
| 2026-05-22 | 17.55x |
| 2026-05-21 | 17.31x |
| 2026-05-20 | 17.35x |
| 2026-05-19 | 17.58x |
| 2026-05-18 | 17.66x |
| 2026-05-15 | 17.76x |
| 2026-05-14 | 17.97x |
| 2026-05-13 | 18.05x |
| 2026-05-12 | 17.86x |
| 2026-05-11 | 17.39x |
| 2026-05-08 | 17.21x |
| 2026-05-07 | 16.81x |
| 2026-05-06 | 16.71x |
| 2026-05-05 | 16.58x |
| 2026-05-04 | 16.97x |
| 2026-05-01 | 16.90x |
| 2026-04-30 | 16.96x |
| 2026-04-29 | 16.97x |
| 2026-04-28 | 16.82x |
| 2026-04-27 | 16.34x |
| 2026-04-24 | 16.35x |
| 2026-04-23 | 16.33x |
| 2026-04-22 | 16.29x |
| 2026-04-21 | 16.00x |
| 2026-04-20 | 15.11x |
| 2026-04-17 | 15.15x |
| 2026-04-16 | 14.83x |
| 2026-04-15 | 14.74x |
| 2026-04-14 | 14.74x |
| 2026-04-13 | 14.69x |
| 2026-04-10 | 14.35x |
| 2026-04-09 | 14.45x |
| 2026-04-08 | 14.42x |
| 2026-04-07 | 14.49x |
| 2026-04-06 | 13.45x |
| 2026-04-02 | 13.28x |
| 2026-04-01 | 13.15x |
| 2026-03-31 | 13.02x |
| 2026-03-30 | 12.67x |
| 2026-03-27 | 12.56x |
| 2026-03-26 | 12.92x |
| 2026-03-25 | 13.02x |
| 2026-03-24 | 13.09x |
| 2026-03-23 | 12.98x |
| 2026-03-20 | 13.22x |
| 2026-03-19 | 13.41x |
| 2026-03-18 | 13.56x |
| 2026-03-17 | 13.69x |
| 2026-03-16 | 13.61x |
| 2026-03-13 | 13.47x |
| 2026-03-12 | 13.28x |
| 2026-03-11 | 13.60x |
| 2026-03-10 | 13.48x |
| 2026-03-09 | 13.60x |
| 2026-03-06 | 13.65x |
| 2026-03-05 | 13.74x |
| 2026-03-04 | 13.86x |
| 2026-03-03 | 13.76x |
| 2026-03-02 | 13.98x |
| 2026-02-27 | 10.50x |
| 2026-02-26 | 10.30x |
| 2026-02-25 | 10.23x |
| 2026-02-24 | 9.92x |
| 2026-02-23 | 10.17x |
| 2026-02-20 | 10.40x |
| 2026-02-19 | 10.40x |
| 2026-02-18 | 10.34x |
| 2026-02-17 | 10.37x |
| 2026-02-13 | 10.49x |
| 2026-02-12 | 10.23x |
| 2026-02-11 | 10.07x |
| 2026-02-10 | 9.90x |
| 2026-02-09 | 9.97x |
| 2026-02-06 | 10.00x |
| 2026-02-05 | 9.76x |
| 2026-02-04 | 9.98x |
| 2026-02-03 | 10.22x |
| 2026-02-02 | 10.27x |
| 2026-01-30 | 10.31x |
| 2026-01-29 | 10.47x |
| 2026-01-28 | 10.52x |
| 2026-01-27 | 10.18x |
| 2026-01-26 | 12.24x |
| 2026-01-23 | 12.38x |
| 2026-01-22 | 12.32x |
| 2026-01-21 | 12.12x |
| 2026-01-20 | 11.85x |
| 2026-01-16 | 11.62x |
| 2026-01-15 | 11.86x |
| 2026-01-14 | 11.74x |
| 2026-01-13 | 11.71x |
| 2026-01-12 | 11.91x |
| 2026-01-09 | 12.01x |
| 2026-01-08 | 12.10x |
| 2026-01-07 | 11.94x |
| 2026-01-06 | 12.16x |
| 2026-01-05 | 11.95x |
| 2026-01-02 | 11.78x |
| 2025-12-31 | 11.60x |
| 2025-12-30 | 11.66x |
| 2025-12-29 | 11.56x |
| 2025-12-26 | 11.65x |
| 2025-12-24 | 11.52x |
| 2025-12-23 | 11.44x |
| 2025-12-22 | 11.45x |
| 2025-12-19 | 11.52x |
| 2025-12-18 | 11.54x |
| 2025-12-17 | 11.64x |
| 2025-12-16 | 11.72x |
| 2025-12-15 | 11.93x |
| 2025-12-12 | 11.95x |
| 2025-12-11 | 11.79x |
| 2025-12-10 | 11.54x |
| 2025-12-09 | 11.40x |
| 2025-12-08 | 11.40x |
| 2025-12-05 | 11.62x |
| 2025-12-04 | 11.70x |
| 2025-12-03 | 11.88x |
| 2025-12-02 | 11.43x |
| 2025-12-01 | 11.39x |
| 2025-11-28 | 11.59x |
| 2025-11-26 | 11.59x |
| 2025-11-25 | 11.48x |
| 2025-11-24 | 11.27x |
| 2025-11-21 | 11.29x |
| 2025-11-20 | 11.04x |
| 2025-11-19 | 10.97x |
| 2025-11-18 | 11.10x |
| 2025-11-17 | 11.31x |
| 2025-11-14 | 11.35x |
| 2025-11-13 | 11.67x |
| 2025-11-12 | 11.86x |
| 2025-11-11 | 11.52x |
| 2025-11-10 | 11.34x |
| 2025-11-07 | 11.42x |
| 2025-11-06 | 11.34x |
| 2025-11-05 | 11.53x |
| 2025-11-04 | 11.62x |
| 2025-11-03 | 11.71x |
| 2025-10-31 | 11.94x |
| 2025-10-30 | 12.03x |
| 2025-10-29 | 12.35x |
| 2025-10-28 | 12.72x |
| 2025-10-27 | 10.99x |
| 2025-10-24 | 10.89x |
| 2025-10-23 | 10.84x |
| 2025-10-22 | 10.87x |
| 2025-10-21 | 10.97x |
| 2025-10-20 | 10.95x |
| 2025-10-17 | 10.74x |
| 2025-10-16 | 10.74x |
| 2025-10-15 | 10.86x |
| 2025-10-14 | 10.83x |
| 2025-10-13 | 10.79x |
| 2025-10-10 | 10.69x |
| 2025-10-09 | 11.03x |
| 2025-10-08 | 11.09x |
| 2025-10-07 | 10.93x |
| 2025-10-06 | 10.80x |
| 2025-10-03 | 10.83x |
| 2025-10-02 | 10.67x |
| 2025-10-01 | 10.52x |
| 2025-09-30 | 10.45x |
| 2025-09-29 | 10.44x |
| 2025-09-26 | 10.41x |
| 2025-09-25 | 10.45x |
| 2025-09-24 | 10.62x |
| 2025-09-23 | 10.51x |
| 2025-09-22 | 10.34x |
| 2025-09-19 | 10.22x |
| 2025-09-18 | 10.17x |
| 2025-09-17 | 10.35x |
| 2025-09-16 | 10.30x |
| 2025-09-15 | 10.51x |
| 2025-09-12 | 10.63x |
| 2025-09-11 | 10.66x |
| 2025-09-10 | 10.49x |
| 2025-09-09 | 10.51x |
| 2025-09-08 | 9.79x |
| 2025-09-05 | 9.67x |
| 2025-09-04 | 9.54x |
| 2025-09-03 | 9.47x |
| 2025-09-02 | 9.50x |
| 2025-08-29 | 9.52x |
| 2025-08-28 | 9.33x |
| 2025-08-27 | 9.37x |
| 2025-08-26 | 9.28x |
| 2025-08-25 | 9.39x |
| 2025-08-22 | 9.46x |
| 2025-08-21 | 9.35x |
| 2025-08-20 | 9.26x |
| 2025-08-19 | 9.38x |
| 2025-08-18 | 9.49x |
| 2025-08-15 | 9.37x |
| 2025-08-14 | 8.52x |
| 2025-08-13 | 8.53x |
| 2025-08-12 | 8.26x |
| 2025-08-11 | 8.03x |
| 2025-08-08 | 7.72x |
| 2025-08-07 | 7.56x |
| 2025-08-06 | 7.59x |
| 2025-08-05 | 7.72x |
| 2025-08-04 | 7.47x |
| 2025-08-01 | 7.39x |
| 2025-07-31 | 7.68x |
| 2025-07-30 | 8.10x |
| 2025-07-29 | 7.97x |
| 2025-07-28 | 8.50x |
| 2025-07-25 | 8.48x |
| 2025-07-24 | 8.41x |
| 2025-07-23 | 8.77x |
| 2025-07-22 | 8.58x |
| 2025-07-21 | 8.50x |
| 2025-07-18 | 8.52x |
| 2025-07-17 | 8.65x |
| 2025-07-16 | 8.77x |
| 2025-07-15 | 8.75x |
| 2025-07-14 | 8.97x |
| 2025-07-11 | 9.06x |
| 2025-07-10 | 8.94x |
| 2025-07-09 | 9.03x |
| 2025-07-08 | 9.15x |
| 2025-07-07 | 9.05x |
| 2025-07-03 | 9.17x |
| 2025-07-02 | 9.15x |
| 2025-07-01 | 9.61x |
| 2025-06-30 | 9.26x |
| 2025-06-27 | 9.18x |
| 2025-06-26 | 9.02x |
| 2025-06-25 | 9.01x |
| 2025-06-24 | 9.10x |
| 2025-06-23 | 8.97x |
| 2025-06-20 | 9.01x |
| 2025-06-18 | 9.14x |
| 2025-06-17 | 9.18x |
| 2025-06-16 | 9.15x |
| 2025-06-13 | 9.30x |
| 2025-06-12 | 9.42x |
| 2025-06-11 | 9.22x |
| 2025-06-10 | 9.05x |
| 2025-06-09 | 9.04x |
| 2025-06-06 | 9.04x |
| 2025-06-05 | 8.85x |
| 2025-06-04 | 8.96x |
| 2025-06-03 | 8.99x |
| 2025-06-02 | 9.07x |
| 2025-05-30 | 9.00x |
| 2025-05-29 | 8.91x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
About UnitedHealth Group Incorporated
UnitedHealth Group Incorporated (UNH) operates as a comprehensive healthcare enterprise across the United States, structuring its diverse services into four key divisions: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment provides a wide array of health benefit plans and consumer-focused services. These offerings cater to a broad spectrum of clients, including large national corporations, public sector employers, mid-sized and small businesses, and individual consumers. It also delivers specialized health coverage and wellness programs tailored for individuals aged 50 and older, addressing their needs for preventive and acute care, chronic disease management, and other age-specific health issues. This division further encompasses Medicaid plans, children's health insurance, dental benefits, and various hospital and clinical services. Optum Health focuses on delivering direct healthcare solutions and management services. It facilitates access to networks of specialist care providers, offers health management programs, direct care delivery, consumer engagement initiatives, and financial services. Its diverse clientele includes individuals (served directly through care systems), employers, insurance payers, and government organizations. Optum Insight specializes in providing technology, information, and consulting services to the healthcare industry. Its offerings include software and data products, advisory consulting arrangements, and outsourced managed services. Clients span hospital systems, physicians, health plans, governmental bodies, life sciences companies, and other relevant organizations. Finally, Optum Rx handles the company's pharmaceutical care services. This segment manages retail pharmacy networks, provides home prescription delivery, and offers specialty and compounding pharmacy capabilities. Leveraging its purchasing power and clinical expertise, Optum Rx also develops advanced programs related to step therapy, formulary management, medication adherence, and integrated disease and drug therapy management. UnitedHealth Group Incorporated, founded in 1977, has its corporate headquarters located in Minnetonka, Minnesota.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- Stephen J. Hemsley